Cisco Systems, Inc.
CSCOQ3 2025(CSCO Q4 FY2025)Estimated6% AI
AI Revenue %
6%
AI Fair Value
$11.1B
AI Revenue (Q)
$893.0M
Total Revenue (Q)
$14.9B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
FY2025 10-K (ended July 26, 2025). The 10-K introduces even stronger AI language: 'AI-Ready Data Centers,' 'One Cisco' strategy, 'AI agents driving order of magnitude higher requirement for network connectivity.' FY2025 full year total revenue approximately $56B. This filing text is truncated but the strategic emphasis on AI is the strongest yet. MATH: Q4 implied revenue ~$56B - $42B (9-month) = ~$14B. Networking growing driven by AI infrastructure. DC networking ~$1.6B. AI-specific ~40% = ~$640M. Splunk AI ~$100M. Observability AI ~$40M. Webex AI ~$45M. Total ~$825M / $14B = ~5.9%. Rounding to 6.0% as AI infrastructure buildout reaches significant scale.
Analyzed by claude-opus-4-6
Quoted Figures
AI represents a generational shift in technology and the advent of AI agents is driving an order of magnitude higher requirement for network connectivity
10-K FY2025, Item 1 Business - AI and Data
AI-Ready Data Centers: We are transforming data centers to power AI workloads anywhere. Whether customers need to modernize parts of their existing infrastructure or power new, massive AI workloads, Cisco brings together a wide array of infrastructure (across networking, compute, storage, and silicon)
10-K FY2025, Item 1 Business
One Cisco provides three key outcomes: i) AI-ready data centers, ii) future-proofed workplaces, and iii) digital resilience
10-K FY2025, Item 1 Business
AI Products Identified (Ring 1)
Nexus 9000 AI fabric switchesSilicon One ASICs400G/800G opticsAI-Ready Infrastructure portfolioSplunk AI security/observabilityWebex AIThousandEyes AICisco AI Assistant
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Campus switchingEnterprise routingWirelessTraditional SecurityCollaborationServices
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix