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Arista Networks, Inc. (ANET) stock

ANETNYSEComputer Communications EquipmentFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026Score 15/3046% above fair value
$168.86−15.36 (-8.34%)

Close on Oct 30, 2026Market cap $212.97BP/E 53.3Yield –

Earnings

Arista Networks's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report
Nov 3, 2026
Q3 FY2026 · estimated, after the close
Revenue, Q2 FY2026
$3.04B
+37.7% on a year earlier
non-GAAP diluted earnings per share, Q2 FY2026
$1.02
$0.73 a year earlier
Latest guidance
Issued
Aug 4, 2026 · 3 items

Quarterly results

Revenue and earnings per share from each of Arista Networks's earnings releases, newest first

QuarterReportedRevenueYoYEPSAdj. EPSSource
Q3 FY2026ended Sep 30, 2026Nov 3, 2026Expected–––––
Q2 FY2026ended Jun 30, 2026Aug 4, 2026after the close$3.04B+37.7%$0.95$1.02Release
Q1 FY2026ended Mar 31, 2026May 5, 2026after the close$2.71B+35.1%$0.80$0.87Release
Q4 FY2025ended Dec 31, 2025Feb 12, 2026after the close$2.49B+28.9%$0.75$0.82Release
Q3 FY2025ended Sep 30, 2025Nov 4, 2025after the close$2.31B+27.4%$0.67$0.75Release
Q2 FY2025ended Jun 30, 2025Aug 5, 2025after the close$2.21B+30.5%$0.70$0.73Release
Q1 FY2025ended Mar 31, 2025May 6, 2025after the close$2.01B+27.6%$0.64$0.65Release
Q4 FY2024ended Dec 31, 2024Feb 18, 2025after the close$1.93B+25.3%$0.62$0.65Release
Q3 FY2024ended Sep 30, 2024Nov 7, 2024after the close$1.81B+20.0%$2.33$2.40Release
Q2 FY2024ended Jun 30, 2024Jul 30, 2024after the close$1.69B+15.8%$2.08$2.10Release
Q1 FY2024ended Mar 31, 2024May 7, 2024after the close$1.57B+16.3%$1.99$1.99Release
Q4 FY2023ended Dec 31, 2023Feb 12, 2024after the close$1.54B+20.8%$1.92$2.08Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Arista Networks's latest outlook for periods it has not reported yet, compared with what it said before

MetricPeriodGuidanceBeforeChangeGiven
RevenueQ3 FY2026$3.30B–NewAug 4, 2026
Non-GAAP operating marginnon-GAAPQ3 FY202648% – 49%–NewAug 4, 2026
Non-GAAP diluted net income per sharenon-GAAPQ3 FY2026$1.06 – $1.08–NewAug 4, 2026

Guidance vs results

The last range Arista Networks gave before each report, against the figure it then reported. Full years add up the four quarters.

PeriodMetricGuidanceActualResult
Q2 FY2026Non-GAAP diluted net income per share$0.88$1.02Above range
Q2 FY2026Revenue$2.80B$3.04BAbove range
Q1 FY2026Revenue$2.60B$2.71BAbove range
Q4 FY2025Revenue$2.30B – $2.40B$2.49BAbove range
Q3 FY2025Revenue$2.25B$2.31BAbove range
Q2 FY2025Revenue$2.10B$2.21BAbove range
Q1 FY2025Revenue$1.93B – $1.97B$2.01BAbove range
Q4 FY2024Revenue$1.85B – $1.90B$1.93BAbove range
Q3 FY2024Revenue$1.72B – $1.75B$1.81BAbove range
Q2 FY2024Revenue$1.62B – $1.65B$1.69BAbove range
Q1 FY2024Revenue$1.52B – $1.56B$1.57BAbove range
Q4 FY2023Revenue$1.50B – $1.55B$1.54BWithin range

Guidance history

Every forecast Arista Networks put in an earnings release, newest first

GivenMetricPeriodGuidanceChange
Aug 4, 2026Non-GAAP diluted net income per shareQ3 FY2026$1.06 – $1.08New
Aug 4, 2026Non-GAAP operating marginQ3 FY202648% – 49%New
Aug 4, 2026RevenueQ3 FY2026$3.30BNew
May 5, 2026Non-GAAP diluted net income per shareQ2 FY2026$0.88New
May 5, 2026Non-GAAP operating marginQ2 FY202646% – 47%New
May 5, 2026RevenueQ2 FY2026$2.80BNew
Feb 12, 2026Non-GAAP gross marginQ1 FY202662% – 63%New
Feb 12, 2026Non-GAAP operating marginQ1 FY202646%New
Feb 12, 2026RevenueQ1 FY2026$2.60BNew
Nov 4, 2025Non-GAAP gross marginQ4 FY202562% – 63%New
Nov 4, 2025Non-GAAP operating marginQ4 FY202547% – 48%New
Nov 4, 2025RevenueQ4 FY2025$2.30B – $2.40BNew
Aug 5, 2025Non-GAAP gross marginQ3 FY202564%New
Aug 5, 2025Non-GAAP operating marginQ3 FY202547%New
Aug 5, 2025RevenueQ3 FY2025$2.25BNew
May 6, 2025Non-GAAP gross marginQ2 FY202563%New
May 6, 2025Non-GAAP operating marginQ2 FY202546%New
May 6, 2025RevenueQ2 FY2025$2.10BNew
Feb 18, 2025Non-GAAP gross marginQ1 FY202563%New
Feb 18, 2025Non-GAAP operating marginQ1 FY202544%New

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.

Press releases

Releases Arista Networks filed with the SEC as exhibits to Form 8-K or 6-K

  1. Arista Networks, Inc. Reports Second Quarter 2026 Financial Results
    Results
  2. Arista Networks, Inc. Reports First Quarter 2026 Financial Results
    Results
  3. Arista Networks, Inc. Reports Fourth Quarter and Year End 2025 Financial Results
    Results
  4. Arista Networks, Inc. Reports Third Quarter 2025 Financial Results
    Results
  5. Arista Networks, Inc. Reports Second Quarter 2025 Financial Results
    Results
  6. Arista Networks, Inc. Reports First Quarter 2025 Financial Results
    Results
  7. Arista Networks, Inc. Reports Fourth Quarter and Year End 2024 Financial Results
    Results
  8. Arista Networks, Inc. Reports Third Quarter 2024 Financial Results
    Results
  9. Arista Networks, Inc. Reports Second Quarter 2024 Financial Results
    Results
  10. Arista Networks, Inc. Reports First Quarter 2024 Financial Results
    Results
  11. Arista Networks, Inc. Reports Fourth Quarter and Year End 2023 Financial Results
    Results
  12. Arista Networks Appoints New CFO
    News
  13. Arista Networks, Inc. Reports Third Quarter 2023 Financial Results
    Results
  14. Arista Networks, Inc. Reports Second Quarter 2023 Financial Results
    Results
  15. Arista Networks, Inc. Reports First Quarter 2023 Financial Results
    Results