Arista Networks, Inc. (ANET) Form 8-K — Nov 3, 2026
Arista Networks reported Q3 2026 revenue of $3.66 billion, crushing its own guidance of $3.3 billion and growing 58.5% year-over-year — the fastest growth since its IPO. GAAP diluted EPS reached $1.22 versus $0.67 a year ago, with net income of $1.56 billion setting record highs in revenue growth, net income, and EPS. The AI networking story drove results: Arista launched open standards-based rack-scale architectures with AMD, Arm, Broadcom, d-Matrix, Meta, Microsoft, and Qualcomm, supporting up to 144 accelerators per rack and scaling to 1,024 XPUs. The company was also added to the S&P 100 in September 2026.
Key figures
- Eps
- 1.22
- Revenue
- 3657600000
- Guidance
- Q4 2026: revenue of $3.9-$4.0 billion, non-GAAP operating margin of 48-49%, non-GAAP diluted EPS of $1.26-$1.30
- Revenue Yoy
- 58.5%
- Shares Outstanding
- 1262200000
- Nine month revenue
- 9402300000
- Revenue qoq growth
- 20.5%
- Non gaap diluted eps
- 1.2
- Gaap operating margin
- 44.9%
- Revenue guidance beat
- $3.66B actual vs $3.3B guided
- Non gaap operating margin
- 49.1%
- Prior year diluted eps gaap
- 0.67
AI analysis
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