Cloud and AI data-center networking systems. TickerStar monitors official filings, investor releases, earnings, and call updates for Arista Networks. Subscribe to ANET alerts to receive concise, source-linked alerts when TickerStar detects a meaningful company update.
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ANET 10-Q filed 2026-05-06 | Key takeaways
ANET filed its 10-Q; the most relevant disclosure change is expanded Purchase commitments: Non-cancellable purchase commitments not recorded on the balance sheet were $8.9 billion as of March 31, 2026, compared to $3.5 billion as of March 31, 2025. Of the $8.9 billion, $7.6 billion has expected receipt dates within 12 months and $1.3 billion after 1. Customer concentration: Customer A represented 16% of revenue; Customer B represented 26% of revenue.
ANET Q1 2026 Revenue $2.709 billion, Beat Guidance by +$109.0M
ANET beat prior Q1 2026 Revenue guidance by +$109.0M. Revenue grew 35.1% year-over-year, and non-GAAP diluted EPS of $0.87 increased 31.8% from $0.66 in Q1 2025. For Q2 2026, the company guides revenue of approximately $2.8 billion, non-GAAP operating margin of 46-47%, and non-GAAP diluted EPS of approximately $0.88.
ANET filed its 10-K; the most relevant disclosure change is expanded Business strategy: Arista introduced 'Centers of Data' strategy encompassing AI Centers, Data Centers, Campus Centers, and WAN Centers, with detailed AI networking architecture including Scale Up, Scale Out, and Scale Across domains for AI workload support. Customer concentration: Customer B (Meta Platforms) represented 26% of revenue; Customer A (Microsoft) represented 16% of revenue.
ANET filed its 10-Q; the most relevant disclosure change is added Business combinations: Completed acquisition of VeloCloud business from Broadcom on June 30, 2025 for $300.0 million cash consideration, including $268.4 million of intangible assets, $148.0 million of goodwill, and $116.4 million of net tangible liabilities assumed. Customer concentration: Microsoft represented 20% of revenue; Meta Platforms represented 15% of revenue.
ANET Q3 2025 Revenue $2.308 billion, Beat Guidance by +$58.0M
ANET beat prior Q3 2025 Revenue guidance by +$58.0M. Non-GAAP gross margin of 65.2% exceeded guidance of approximately 64%, and non-GAAP operating margin of 48.6% surpassed guidance of approximately 47%. Revenue grew 27.5% year-over-year from $1.811 billion in Q3 2024.
Arista Networks appoints Kenneth Duda as President and CTO; amends bylaws to allow multiple presidents
Kenneth Duda, the company's co-founder and Chief Technology Officer, was appointed President and Chief Technology Officer effective September 5, 2025, with oversight of cloud and AI systems engineering and business development. The company's bylaws were amended to permit the role of President to be held by more than one individual, and the forum selection provision was updated to specify alternative Delaware courts when the Court of Chancery lacks jurisdiction. Tyson Lamoreaux was appointed Senior Vice President...
ANET filed its 10-Q; the most relevant disclosure change is added Business combinations: On June 30, 2025, the company completed the acquisition of VeloCloud from Broadcom for $300 million cash, recognizing $268.4 million of intangible assets, $148.0 million of goodwill, and $116.4 million of net tangible liabilities assumed. Customer concentration: Microsoft represented 20% of revenue; Meta Platforms represented 15% of revenue.
ANET filed its 10-Q; the most relevant disclosure change is expanded Stock repurchase program expansion: In May 2025, the board authorized and announced a new $1.5 billion stock repurchase program. Q1 2025 repurchases totaled $787.1 million at average price of $90.50 per share, with $133.9 million remaining on the existing program. Customer concentration: Microsoft represented 20% of revenue; Meta Platforms represented 15% of revenue.
ANET filed its 10-K; the most relevant disclosure change is expanded Customer concentration: Microsoft represented 20% of FY2024 revenue (up from 18% in FY2023); Meta Platforms represented 15% (down from 21% in FY2023). Customer concentration: Microsoft represented 20% of revenue; Meta Platforms represented 15% of revenue.
Arista Networks Reports Q4 and Full Year 2024 Results; Q1 2025 Guidance Issued
Arista Networks reported Q4 2024 revenue of $1.930 billion, a 25.3% increase year-over-year, with GAAP net income of $801.0 million or $0.62 per diluted share and non-GAAP net income of $830.1 million or $0.65 per diluted share. For the full year 2024, the company achieved record revenue of $7.003 billion, up 19.5% year-over-year, with GAAP net income of $2.852 billion or $2.23 per diluted share. The company issued Q1 2025 guidance for revenue of $1.93 billion to $1.97 billion, non-GAAP gross margin of approxima...