Global Networking Equipment Companies of 2026
Cisco ~$56.7bn; Huawei ICT ~$53.6bn; Ericsson ~$24bn; Arista $9.0bn.
Main table: latest full-year networking-related revenue (USD bn)
Compiled 2026-08-13. Ranked by networking / ICT network-infrastructure revenue. Cisco uses group revenue (includes security, collaboration, services); Huawei uses ICT Infrastructure; Ericsson and Nokia use group net sales; Arista and Ciena are largely networking pure-plays. CNY at Huawei’s year-end rate (~6.99); EUR at ~1.177. Carriers: global telecom operators.
| # | Company | USD bn | As reported | Scope / FY | YoY |
|---|---|---|---|---|---|
| 1 | Cisco | 56.7 | $56.7bn | Group; to 2025-07-26 | +5% |
| 2 | Huawei ICT | 53.6 | CNY 375.0bn | ICT Infrastructure; CY2025 | +2.6% |
| 3 | Ericsson | 24.2 | SEK 236.7bn | Group net sales; CY2025 | Reported −5%; organic ~+2% |
| 4 | Nokia | 23.4 | €19.89bn | Group net sales; CY2025 | +3% |
| 5 | Arista Networks | 9.0 | $9.01bn | Group; CY2025 | +28.6% |
| 6 | Ciena | 4.8 | $4.77bn | Group; FY2025 | +19% |
Cisco’s group total leads; Huawei’s ICT infrastructure segment is close behind. Ericsson and Nokia sit in the mid-$20bn range; Arista’s AI/cloud switching growth stands out.
How we ranked
Latest full-year networking / ICT network revenue converted to USD. Cisco vs Huawei scopes differ and are labeled in-table. Board defaults to S–D.
| Source | When | Used for |
|---|---|---|
| Cisco FY2025 | 2025-08 | $56.7bn |
| Huawei Annual Report 2025 | 2026 | ICT CNY 375.0bn |
| Ericsson FY2025 | 2026-01 | SEK 236.7bn |
| Nokia FY2025 | 2026 | €19.89bn |
| Arista FY2025 | 2026-02 | $9.006bn |
| Ciena FY2025 | 2025-12 | $4.77bn |
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