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Arista Networks ANET Q2 2025 earnings

Reported August 5, 2025 · After market close

Revenue estimate$2.1B
EPS estimate$0.65

Next report

Aug 4, 2026 (in a month)
Revenue estimate$2.8B
EPS estimate$0.89

Financials

Q2 2025

Income statement

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Revenue$2.2B+30.4%
Gross profit$1.4B+31.1%
Operating income$986.2M+41.0%
Net income$888.8M+33.6%
EPS (diluted)$0.70+34.6%

Balance sheet

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Cash & equivalents$2.2B-8.4%
Total equity$10.9B+29.3%
Total assets$16.5B+42.3%

Cash flow

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Operating cash flow$1.2B+21.3%
CapEx$24.0M+650%
Free cash flow$1.2B+19.3%

Valuation & ratios

Q2 2025

Valuation

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Market cap$119.27B+8.6%
P/E36.7×-7.9×
P/S15×-2.4×

Profitability

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Gross margin64.2%+0.2pp
Operating margin43.1%+1.9pp
Net margin40.9%+1.9pp

Returns & leverage

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Return on equity33.6%-0.8pp
Current ratio3.3×-1.2×

Segments

By geography

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Americas$1.7B+25.5%
Europe, Middle East and Africa$281.6M+57.5%
Asia-Pacific$199.1M+44.9%

By product

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Service$327.8M+22.7%

Versus estimates

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Questions, answered.

When did Arista Networks report Q2 2025 earnings?
Arista Networks (ANET) reported Q2 2025 earnings on August 5, 2025 after market close.
What were Arista Networks's Q2 2025 revenue and EPS?
Arista Networks reported revenue of $2.2B and diluted EPS of $0.73 for Q2 2025.
Did Arista Networks beat estimates in Q2 2025?
Revenue beat the consensus estimate of $2.1B by $97.6M. EPS beat the consensus estimate of $0.65 by $0.08.
How did Arista Networks's Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 30.4% from $1.7B a year earlier and diluted EPS declined 65.2% from $2.10.
Where can I find Arista Networks's Q2 2025 SEC filings?
You can read the 10-Q periodic report (0001596532-25-000216) directly on SEC EDGAR. The filing index links above go to sec.gov.