Arista Networks, Inc.
ANETTech hardwarearista.com
Latest available resultsSeptember 30, 2026Quarter · 10-Q filed Nov 4, 2026
Next reportFebruary 10, 2027after close · forecast 1.171 $/share
Revenue
$3.66B
▲ +58.5% vs prior year YoY
Net income
$1.56B
▲ +82.9% vs prior year YoY
EPS
1.22$
▲ +82.1% vs prior year YoY
Net margin
42.7%
▲ +5.7 pp vs prior year YoY
Revenue▲ +58.5%
Margins (% of revenue)GrossOperatingNet
Net income▲ +82.9%
EPS▲ +82.1%
Financial statements
View 10-Q filed November 4, 2026 on SEC ↗| Metric | Dec 2024* | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | Sep 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $1.93B | $2.00B | $2.20B | $2.31B | $2.49B | $2.71B | $3.04B | $3.66B | ▲ +58.5% |
| Gross profit | $1.23B | $1.28B | $1.44B | $1.49B | $1.56B | $1.68B | $1.91B | $2.33B | ▲ +56.1% |
| Operating income | $799.65M | $858.80M | $986.20M | $978.20M | $1.03B | $1.16B | $1.38B | $1.64B | ▲ +67.9% |
| Net income | $801.00M | $813.80M | $888.80M | $853.00M | $955.80M | $1.02B | $1.21B | $1.56B | ▲ +82.9% |
| R&D | $285.02M | $266.40M | $296.50M | $326.00M | $348.40M | $343.70M | $348.20M | $486.90M | ▲ +49.4% |
| EPS (diluted) | — | 0.64 $ | 0.70 $ | 0.67 $ | — | 0.80 $ | 0.95 $ | 1.22 $ | ▲ +82.1% |
| Margins (% of revenue) | |||||||||
| Gross | 63.8 % | 63.7 % | 65.2 % | 64.6 % | 62.9 % | 61.9 % | 62.9 % | 63.6 % | ▼ -1.0 pt |
| Operating | 41.4 % | 42.8 % | 44.7 % | 42.4 % | 41.5 % | 42.7 % | 45.4 % | 44.9 % | ▲ +2.5 pt |
| Net | 41.5 % | 40.6 % | 40.3 % | 37.0 % | 38.4 % | 37.8 % | 40.0 % | 42.7 % | ▲ +5.7 pt |
| Balance sheet | |||||||||
| Assets | $14.04B | $14.51B | $16.53B | $18.05B | $19.45B | $21.66B | $23.72B | $25.26B | ▲ +40.0% |
| Liabilities | $4.05B | $4.40B | $5.63B | $6.14B | $7.08B | $8.17B | $8.92B | $8.82B | ▲ +43.6% |
| Equity | $9.99B | $10.12B | $10.90B | $11.91B | $12.37B | $13.49B | $14.80B | $16.45B | ▲ +38.1% |
| Cash | $2.76B | $1.85B | $2.23B | $2.33B | $1.96B | $2.79B | $2.29B | $2.29B | ▼ -1.7% |
| Capital | |||||||||
| Shares outstanding | 1.26B | 1.26B | 1.26B | 1.26B | 1.26B | 1.26B | 1.26B | 1.26B | ▲ +0.3% |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.