
Arista Networks (ANET) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Arista Networks (ANET) last issued guidance on August 4, 2026 for Q3 2026. The company guided earnings per share in the range of $1.06 - $1.08, compared to a consensus EPS estimate of $0.89. Arista Networks also guided revenue in the range of $3.3B - $3.3B for the period.
Compared to prior guidance, Arista Networks raised its revenue forecast from a prior range of $2.8B - $2.8B.
Arista Networks has issued 20 guidance updates between November 4, 2022 and August 4, 2026. During this period, the company raised its outlook 13 times and lowered it 4 times, providing investors with insight into management's evolving expectations.
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $1.06 | $0.86 | $0.79 | $0.72 |
| Actual | — | $1.02 | $0.87 | $0.82 |
| Surprise | — | +18.6% | +10.1% | +13.9% |
| Revenue | ||||
| Estimate | $3.33B | $2.83B | $2.62B | $2.38B |
| Actual | — | $3.04B | $2.71B | $2.49B |
| Surprise | — | +7.46% | +3.44% | +4.54% |
| Metric | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|
| Earnings Per Share (Non-GAAP) | |||
| Consensus | $1.13 | $1.05 | $1.13 |
| Revenue | |||
| Consensus | $3.59B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Aug 4, 2026 | $1.02 | $0.86 | 18.6 % |
| Q1 | May 5, 2026 | $0.87 | $0.79 | 10.1 % |
| Q4 | Feb 12, 2026 | $0.82 | $0.72 | 13.9 % |
| Q3 | Nov 4, 2025 | $0.75 | $0.69 | 8.70 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Aug 4, 2026 | $3.04B | $2.83B | 7.46 % |
| Q1 | May 5, 2026 | $2.71B | $2.62B | 3.44 % |
| Q4 | Feb 12, 2026 | $2.49B | $2.38B | 4.54 % |
| Q3 | Nov 4, 2025 | $2.31B | $2.26B | 1.95 % |