Skip to content
Screener

Arista Networks ANET Q2 2026 earnings

Reported August 4, 2026 · After market close

Revenue$3.0BBeat by $205.4M
Adjusted EPS$1.02Beat by $0.13
Revenue estimate$2.8B
EPS estimate$0.89
“As we deliver our first $3 billion quarter in Q2 2026, it is clear that our Arista 2.0 platform strategy is compelling. Customers see networking as the central nervous system for infrastructure from the client to campus to data and AI centers.”
Jayshree Ullal

Next report

Nov 3, 2026 (in a month)
Revenue estimate$3.3B
EPS estimate$1.08

Financials

Q2 2026

Income statement

See full
Revenue$3.0B+37.7%
Gross profit$1.9B+32.8%
Operating income$1.4B+39.7%
Net income$1.2B+36.5%
EPS (diluted)$0.95+35.7%

Balance sheet

See full
Cash & equivalents$2.3B+2.9%
Total equity$14.8B+35.7%
Total assets$23.7B+43.5%

Cash flow

See full
Operating cash flow$1.1B-9.8%
CapEx$29.7M+23.8%
Free cash flow$1.1B-10.4%

Valuation & ratios

Valuation

as of 10/02/26
See full
Market cap$257.91B+42.0%
P/E63.8×+9.7×
P/S24.5×+3.0×

Profitability

See full
Gross margin63%-1.2pp
Operating margin43.1%0.0pp
Net margin38.4%-2.5pp
FCF margin48.9%-1.1pp

Returns & leverage

See full
Return on equity31.5%-2.2pp
Current ratio3×-0.4×

Segments

By geography

See full
Americas$2.3B+35.6%
Europe, Middle East and Africa$438.2M+55.6%
Asia-Pacific$259.6M+30.4%

By product

See full
Service$430.5M+31.3%

FAQ

When did Arista Networks report Q2 2026 earnings?
Arista Networks (ANET) reported Q2 2026 earnings on August 4, 2026 after market close.
What were Arista Networks's Q2 2026 revenue and EPS?
Arista Networks reported revenue of $3.0B and adjusted eps of $1.02 for Q2 2026.
Did Arista Networks beat estimates in Q2 2026?
Revenue beat the consensus estimate of $2.8B by $205.4M. EPS beat the consensus estimate of $0.89 by $0.13.
How did Arista Networks's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 37.7% from $2.2B a year earlier.
Where can I find Arista Networks's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001596532-26-000174) and the 10-Q periodic report (0001596532-26-000175) directly on SEC EDGAR. The filing index links above go to sec.gov.