Their EPS is also up 37% GAAP / 10% Non-GAAP YoY and they beat their forecast. They aren’t hurting for money.

https://newsroom.cisco.com/c/r/newsroom/en/us/a/y2026/m05/ci...

The earnings report does mention profit as well. For example, it states: "GAAP EPS of $0.85, up 37% year over year ..."

he explicitly said 'double-digit bottom-line growth'