Collaboration (Webex)
Q4 fiscal 2026 collaboration revenue up 12%; full-year fiscal 2026 revenue $4.3 billion.
The numbers
What it is
Webex meetings, calling and contact center software, plus collaboration devices. It is a mature, slow-growing business that is mostly subscription revenue.
Why it matters to the stock. Collaboration is a steady recurring-revenue line. Its growth rate is small relative to Networking, but it is a useful check on subscription demand.
News
Cisco unveils agentic Webex features, Claude in Webex and RoomOS 27 at WebexOne
At WebexOne in Austin, Cisco announced AI agents that can join Webex spaces, meetings and calls to carry out multi-step work, plus Claude in Webex built with Claude Managed Agents.
Product