Cisco Systems, Inc. filed a definitive proxy statement (Schedule 14A) with the U.S. Securities and Exchange Commission on October 29, 2026, soliciting stockholder votes for its Annual Meeting of Stockholders scheduled for December 15, 2026.
Key Highlights
- Record revenue: Cisco reported $63.3 billion in revenue for fiscal 2026, up 12% year-over-year, described by the company as the highest in 30 years.
- Earnings per share: GAAP EPS was $3.33 and non-GAAP EPS was $4.33, representing year-over-year increases of 31% and 14%, respectively, according to the filing.
- Capital returns: The company returned $12.7 billion to stockholders through dividends and share repurchases in fiscal 2026, representing 99% of free cash flow as disclosed in the proxy.
- Operating margin expansion: GAAP operating margin increased 350 basis points to 24.3%, while non-GAAP operating margin increased 40 basis points to 34.8%, per the filing.
- Stockholder engagement: The filing states that Cisco engaged with stockholders representing approximately 59% of shares outstanding at the end of fiscal 2026.
- Annual meeting agenda: Stockholders are asked to vote on ten director nominees, an advisory executive compensation resolution, ratification of PricewaterhouseCoopers LLP as auditor, and two stockholder proposals.
- Record date: The record date for the December 15, 2026 annual meeting is October 16, 2026, as stated in the notice of annual meeting.
Cisco's Fiscal 2026 Performance and Annual Meeting Agenda
According to the filing, Cisco Systems (NASDAQ:CSCO) delivered what the company characterized as its highest revenue, non-GAAP operating margin, and earnings per employee in 30 years during fiscal 2026. Chair and Chief Executive Officer Chuck Robbins, in his message to stockholders included in the proxy, attributed these results to execution by the company's teams and to the role Cisco's networking and security technology plays in supporting AI adoption. The company's portfolio spans public cloud, sovereign cloud, on-premise, and network edge deployments, according to the filing.
The proxy statement outlines five items of business for the December 15, 2026 virtual-only annual meeting. These include the election of ten Board nominees: Michael D. Capellas, Mark Garrett, John D. Harris II, Dr. Kristina M. Johnson, Sarah Rae Murphy, Girish D. Rishi, Charles H. Robbins, Peter A. Shimer, Marianna Tessel, and Kevin Weil. Stockholders will also vote on a non-binding advisory resolution regarding executive compensation and on the ratification of PricewaterhouseCoopers LLP as independent auditor for the fiscal year ending July 31, 2027. Two stockholder-submitted proposals are also included on the agenda, per the filing.
The proxy materials were first sent on or about October 29, 2026, to stockholders of record as of October 16, 2026. The filing notes that the annual meeting will be conducted entirely online, with participation available to stockholders using a 16-digit control number found on proxy cards or voting instruction forms. Cisco's corporate headquarters mailing address is listed in the filing as 170 West Tasman Drive, San Jose, California 95134. Non-GAAP financial figures referenced in the proxy, including free cash flow and non-GAAP operating margin, are accompanied by reconciliations to GAAP measures in an appendix to the proxy statement, as noted by the filing.
What Was Disclosed
Cisco Systems filed a definitive proxy statement on October 29, 2026, covering its Annual Meeting of Stockholders on December 15, 2026. The filing includes fiscal 2026 financial highlights, ten director nominees, executive compensation details, auditor ratification, and two stockholder proposals for a vote.



Please wait processing your request...