Cisco busts through $2 billion a year in AI revenue from hyperscalers, with more to come

Cisco had set itself a target of $1 billion in AI infrastructure orders in fiscal 2025; as the year closes, it’s actually more than doubled that, coming in with more than $2 billion. And there’s plenty more where that came from it seems as the company heads into fiscal ’26 with two orders from hyper-scalers that between them come to north of $1 billion.

Those sort of orders from the hyper-scalers are the biggest driver of growth right now, with four consecutive quarters of triple digit growth, with four of the top six webscale companies growing orders at that rate. According to CEO Chuck Robbins, Q4 ’25 alone saw:

…record AI infrastructure orders received from webscale customers. These orders exceeded $800 million in the quarter, bringing the total for fiscal year '25 to over $2 billion, more than double our original $1 billion target stated in Q4 of ...