Cisco Systems, Inc. 8-K Summary
Business Context and Reporting Period
Cisco Systems, Inc. filed this Current Report on Form 8-K on February 11, 2026, to announce its financial results for the fiscal second quarter of 2026, which ended on January 24, 2026. The company is incorporated in Delaware and trades on The Nasdaq Stock Market LLC under the symbol CSCO.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The report serves as a notification that these results have been released and directs investors to the attached press release (Exhibit 99.1) for detailed figures. The filing confirms the availability of both GAAP and non-GAAP financial measures, including non-GAAP 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 adjustments used by management. Cisco excludes the following items from its non-GAAP measures 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 attached exhibit includes future estimated ranges for gross margin, operating margin, tax provision rate, and non-GAAP earnings per share. Management notes that non-GAAP measures have limitations and should be used in conjunction with GAAP measures. The filing highlights risks that future periods may incur share-based compensation, amortization, acquisition costs, asset impairments, restructurings, litigation settlements, and significant tax matters.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific GAAP and non-GAAP revenue, net income, and EPS figures for Q2 2026.
- Verify the specific dollar amounts excluded from non-GAAP calculations for the quarter.
- Confirm the future estimated ranges for gross margin, operating margin, and EPS provided in the exhibit.
- Assess the impact of any significant litigation settlements or tax matters mentioned in the full press release.