Arista Networks (ANET) Q2 2026 earnings

Published Aug 4, 2026

AI summary

Revenue $3.04B, up 38% from $2.2B a year ago.
Adjusted EPS $1.02 beat the $0.89 consensus by $0.13, up from $0.73 a year ago.
Arista Networks achieved its first $3 billion revenue quarter, reporting $3.036 billion for the second quarter.
Revenue grew 37.7% year-over-year, while non-GAAP diluted EPS increased 40% to $1.02.
The company introduced new 1.6 Tbps AI fabric platforms designed to improve network efficiency and power usage.

Revenue

Reported

$3.04B

Consensus not captured before release

Not verified against provider data.

+38% YoY

Adjusted EPS

Reported · Non-GAAP diluted net income per share

$1.02

Consensus $0.89

Beat by $0.13

GAAP EPS: $0.95

Consensus: Yahoo Finance · Q2 2026 · EPS estimate at release
Revenue display rounded; difference uses exact result.

No guidance in this release.

GAAP gross margin declined to 62.9% from 65.2% in the same quarter last year.
Non-GAAP financial measures exclude items like stock-based compensation and intangible asset amortization.

Source: Arista Networks, Inc. press release · SEC Form 8-K exhibit 99.1

Figures as stated in the company’s release; consensus from the provider named above. Not financial advice.