Q2 FY2026 EarningsQ2 FY2026 results significantly exceeded consensus estimates across all key metrics. Revenue reached $3,035.7M (+37.7% YoY) vs. $2,831.2M expected, while gross margin of 62.9% beat the 62.37% forecast despite increased sales to large 'cloud titan' customers. Diluted GAAP EPS of $0.95 outperformed the $0.81 consensus by 17.28%, driven by robust AI-related demand and a lower-than-expected effective tax rate (19.4% vs. 21.5%).
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Arista Networks(ANET) the Revenue is 3.036 B (+37.69%), Beat estimate;the EBIT is 1.514 B (+40.63%), Beat estimate;the EPS is 0.95 (+35.71%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
3.04B37.69%
2.83B28.41%
+0.20B9.28%
EBITExceed expectations
1.51B40.63%
1.32B22.71%
+0.19B17.92%
EPSExceed expectations
0.9535.71%
0.8115.71%
+0.140020.00%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
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