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Cisco CFO Mark Patterson Calls Price Hikes ‘a Last Resort’ That Fuel Revenue Growth, Says Customers ‘Understand It’s an Industry Issue’

Aug 13, 2026 · 04:57 AM ET· updated 1h ago
Cisco CFO Mark Patterson Calls Price Hikes ‘a Last Resort’ That Fuel Revenue Growth, Says Customers ‘Understand It’s an Industry Issue’

Cisco raised prices on parts of its hardware in fiscal 2026, boosting revenue, even as CFO Mark Patterson called the move "a last resort."

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Why It Matters

Cisco raised prices on some products to help grow revenue, but the CFO says they only did this when they had to. When companies raise prices, watch to see if customers stay happy or start looking elsewhere.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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