Cisco
Cisco sells networking equipment, security and collaboration software and support services to businesses, governments and cloud providers, increasingly as subscriptions.
Cloud giants ordered $9.3 billion of its AI networking in a year.
Hyperscaler AI orders turned Cisco back into a growth story: AI infrastructure was about 6% of revenue, up from under 2%.
How big is Cisco?
Networking gear first, services second.
- Networking55%$34.7B
- Services24%$15.0B
- Security13%$8.2B
- Collaboration7%$4.3B
- Observability2%$1.1B
Ship the network. Attach software. Renew.
- 1Switches, routers, firewalls
- 2Security and software subscriptions
- 3Multi-year support contracts
Each box sold pulls in subscriptions and support that renew for years; $46.7B is already contracted.
- The Vanguard Group9.7%
- BlackRock, Inc.8.9%
CEO: Chuck Robbins
- 1984Cisco is founded
- 1986First product: AGS multiprotocol router
- 1990IPO on Nasdaq
- 1995John Chambers becomes CEO
- 2007Acquires WebEx
Every number on this page comes from Cisco's own reports.
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