
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 November 3, 2026 for Q4 2026. The company guided earnings per share in the range of $1.26 - $1.3, compared to a consensus EPS estimate of $1.13. Arista Networks also guided revenue in the range of $3.9B - $4B for the period.
Compared to prior guidance, Arista Networks raised its revenue forecast from a prior range of $3.3B - $3.3B.
Arista Networks has issued 19 guidance updates between February 13, 2023 and November 3, 2026. During this period, the company raised its outlook 14 times and lowered it 2 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 | $1.20 | $1.02 | $0.87 | $0.82 |
| Surprise | +13.2% | +18.6% | +10.1% | +13.9% |
| Revenue | ||||
| Estimate | $3.33B | $2.83B | $2.62B | $2.38B |
| Actual | $3.66B | $3.04B | $2.71B | $2.49B |
| Surprise | +9.86% | +7.46% | +3.44% | +4.54% |
| Metric | Q4 '26E | Q1 '27E | Q2 '27E | Q3 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $1.26 | $1.18 | $1.13 | $1.19 |
| Revenue | ||||
| Consensus | $3.92B | $4.09B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q3 | Nov 3, 2026 | $1.20 | $1.06 | 13.2 % |
| 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 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q3 | Nov 3, 2026 | $3.66B | $3.33B | 9.86 % |
| 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 % |