{
  "schema": "rff_post_earnings_scorecard_v1",
  "ticker": "CSCO",
  "cycle": "FQ4-2026",
  "analysis_as_of": "2026-08-18T06:45:00Z",
  "published_at": "2026-08-18T06:45:00Z",
  "analysis_stage": "post_release",
  "sign_convention": "aggregate surprise is reported minus forecast; per-model error is forecast minus reported",
  "transcript_status": "not_used_release_only_vintage",
  "preprint": {
    "vintage": "v5",
    "classification": "sealed_pre_print",
    "sealed_cutoff": "2026-08-12T00:00:00Z",
    "combiner_version": "median-v1",
    "models_contract_valid": 6,
    "models_sealed": 10,
    "evidence_surface": "filings-v1",
    "track_record_event": "/track-record/events/CSCO-FQ4-2026/"
  },
  "source": {
    "kind": "8-K EX-99.1",
    "accession": "0000858877-26-000106",
    "accepted_at": "2026-08-12T20:07:06Z",
    "document": "exhibit991pressrelease-q4f.htm",
    "period_label": "Three Months Ended July 25, 2026",
    "owner_verified": true,
    "sec_url": "https://www.sec.gov/Archives/edgar/data/858877/000085887726000106/exhibit991pressrelease-q4f.htm"
  },
  "prior_guide_in_force": {
    "accession": "0000858877-26-000075",
    "period": "FQ4-2026",
    "revenue_m": { "low": 16700.0, "high": 16900.0 },
    "adjusted_eps": { "low": 1.16, "high": 1.18 },
    "gaap_eps": { "low": 0.80, "high": 0.85 }
  },
  "reported": {
    "revenue_m": 17252.0,
    "gaap_eps": 0.97,
    "adjusted_eps": 1.22,
    "gaap_gross_margin_pct": 64.125898,
    "gaap_operating_margin_pct": 24.715975,
    "cfo_m": 5386.0,
    "capex_m": 390.0,
    "fcf_m": 4996.0
  },
  "aggregate_preprint": {
    "revenue_m": { "p10": 16660.0, "p50": 16930.0, "p90": 17270.0, "reported_minus_p50": 322.0, "inside_band": true },
    "adjusted_eps": { "p10": 1.145, "p50": 1.18, "p90": 1.22, "reported_minus_p50": 0.04, "inside_band": true },
    "gaap_eps": { "p50": 0.845, "reported_minus_p50": 0.125 },
    "gaap_gross_margin_pct": { "p50": 63.812985, "reported_minus_p50": 0.312913 },
    "gaap_operating_margin_pct": { "p50": 23.904164, "reported_minus_p50": 0.811811 },
    "capex_m": { "p50": 465.0, "reported_minus_p50": -75.0 },
    "fcf_m": { "p10": 3200.0, "p50": 4026.0, "p90": 4750.0, "reported_minus_p50": 970.0, "inside_band": false }
  },
  "guidance": {
    "period": "FQ1-2027",
    "reported_revenue_m": { "low": 18000.0, "high": 18200.0 },
    "preprint_revenue_m": { "low": 16300.0, "high": 16600.0 },
    "reported_adjusted_eps": { "low": 1.32, "high": 1.34 },
    "preprint_adjusted_eps": { "low": 1.095, "high": 1.125 },
    "reported_gaap_eps": { "low": 1.08, "high": 1.10 },
    "fy2027_revenue_b": { "low": 72.2, "high": 73.4 },
    "fy2027_adjusted_eps": { "low": 5.05, "high": 5.11 },
    "verdict": "both reported next-quarter ranges were above the six-model aggregate forecast ranges"
  },
  "models": [
    { "key": "fable", "model_id": "claude-fable-5", "label": "Claude Fable 5", "revenue_m": 17000.0, "revenue_error_m": -252.0, "adjusted_eps": 1.18, "adjusted_eps_error": -0.04, "fcf_m": 4120.0, "fcf_error_m": -876.0 },
    { "key": "gpt-luna", "model_id": "gpt-5.6-luna", "label": "GPT-5.6 Luna", "revenue_m": 16850.0, "revenue_error_m": -402.0, "adjusted_eps": 1.18, "adjusted_eps_error": -0.04, "fcf_m": 3975.0, "fcf_error_m": -1021.0 },
    { "key": "gpt-sol", "model_id": "gpt-5.6-sol", "label": "GPT-5.6 Sol", "revenue_m": 16860.0, "revenue_error_m": -392.0, "adjusted_eps": 1.18, "adjusted_eps_error": -0.04, "fcf_m": 5000.0, "fcf_error_m": 4.0 },
    { "key": "kimi", "model_id": "moonshotai/kimi-k3", "label": "Kimi K3", "revenue_m": 16800.0, "revenue_error_m": -452.0, "adjusted_eps": 1.19, "adjusted_eps_error": -0.03, "fcf_m": 3750.0, "fcf_error_m": -1246.0 },
    { "key": "qwen", "model_id": "qwen/qwen3.8-max", "label": "Qwen 3.8 Max", "revenue_m": 17100.0, "revenue_error_m": -152.0, "adjusted_eps": 1.18, "adjusted_eps_error": -0.04, "fcf_m": 4077.0, "fcf_error_m": -919.0 },
    { "key": "grok", "model_id": "x-ai/grok-4.5", "label": "Grok 4.5", "revenue_m": 17020.0, "revenue_error_m": -232.0, "adjusted_eps": 1.175, "adjusted_eps_error": -0.045, "fcf_m": 3685.0, "fcf_error_m": -1311.0 }
  ]
}