Cisco Systems, Inc. 8-K Summary
Business Context and Reporting Period
Cisco Systems, Inc. (CSCO) filed a Current Report on Form 8-K on August 12, 2026, to announce its financial results for the fiscal fourth quarter and full fiscal year 2026, which ended on July 25, 2026. The filing serves as a notification of these results and includes a press release as Exhibit 99.1.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. It explicitly states that the accompanying press release (Exhibit 99.1) contains the detailed results, including both GAAP and non-GAAP measures such as net income, gross margins, operating income, and earnings per share.
Material Changes and Non-GAAP Adjustments
While specific period-over-period changes are not detailed in this text, the filing outlines the methodology for non-GAAP financial measures used by management. Cisco excludes the following items from its non-GAAP calculations to reflect ongoing operating results:
- Share-based compensation expense.
- Amortization of acquisition-related intangible assets.
- Acquisition-related and divestiture costs.
- Significant asset impairments and restructurings.
- Significant litigation settlements and other contingencies.
- Gains and losses on investments.
- Income tax effects of the foregoing items and significant tax matters.
Guidance, Outlook, and Risks
The filing notes that the attached exhibit includes future estimated ranges for gross margin, operating margin, tax provision rate, and non-GAAP earnings per share. Management cautions that non-GAAP measures have limitations and should be viewed in conjunction with GAAP measures. The company acknowledges that it may incur share-based compensation, amortization, acquisition costs, and investment gains/losses in future periods. Additionally, significant asset impairments, restructurings, litigation settlements, and tax matters could occur in the future.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific GAAP and non-GAAP revenue, earnings, and margin figures.
- Verify the specific future estimated ranges for gross margin, operating margin, and EPS provided in the exhibit.
- Confirm the reconciliation between GAAP and non-GAAP measures to understand the impact of excluded items.
- Assess any disclosed significant litigation settlements or tax matters affecting the fiscal year 2026 results.