ANET
Arista NetworksEthernet switches for AI clusters at the largest cloud providers.
Next earnings: Arista Networks has not announced its next earnings date. Its last earnings release was filed with the SEC on August 4, 2026 (Form 8-K, item 2.02); companies on this list usually announce the next date two to three weeks ahead. Last earnings release on EDGAR
01What does it supply?
Products, customers, and where it sits in the AI stack.
What the company does
Designs data-center networking switches and the software that runs them.
Its role in AI
Sells the high-speed Ethernet switching used to connect GPUs in AI back-end networks, mainly to hyperscalers.
02How much does AI matter to its business?
Significant. A large and growing share of revenue or spending is AI-related.
Why ANET is rated significant
Significant. Arista does not report AI revenue, but its first $3 billion quarter (up 37.7% in Q2 2026) and the $3.3 billion Q3 guide come from Ethernet switching sold to the largest cloud providers, including their AI back-end networks. The rating is significant because the AI and non-AI switching cannot be separated in the reported numbers.
Reported figures come from the company's own filings and releases. Estimates are third-party or editorial and are kept separate. The exposure label is an editorial judgment.
Reported by the company
- Does not report AI revenue separately. Total revenue $3,035.7 million, up 37.7% year over year (first $3 billion quarter); product revenue $2,605.2 million, service $430.5 million.Source · Q2 2026, quarter ended June 30, 2026
- Q3 2026 guidance: revenue approximately $3.3 billion, non-GAAP operating margin 48-49%, non-GAAP diluted EPS $1.06-$1.08.Source · Guidance issued August 4, 2026 for quarter ending September 30, 2026
Estimates
No third-party or editorial estimates are listed for ANET. Only company-reported figures are shown at present.
Key financial metrics, by reporting period
Company-reported, via TradingView03What should visitors watch next?
Earnings, product launches, customer spending, and the risks that matter.
Watch list
Growth drivers
- CEO: 'As we deliver our first $3 billion quarter in Q2 2026, it is clear that our Arista 2.0 platform strategy is compelling.' source
- CEO: customers see networking as the central nervous system for infrastructure from the client to campus to data and AI centers source
- CFO: Q2 2026 reflects strong, broad-based growth, with revenue up 37.7% and EPS up 39.7% source
Risks
- Large purchases by a limited number of customers represent a substantial portion of revenue: two customers accounted for 26% and 16% of 2025 revenue source
- Escalating U.S. tariffs and retaliatory measures could disrupt costs and supply, given manufacturing in Malaysia, Vietnam and Mexico source
- Key components come from sole or limited sources, notably switching silicon from Broadcom, which could delay products or raise costs source
The company's own risk factors: 10-K filed 2026-02-17, Item 1A.
Recent developments: SEC filings
Source: SEC EDGAR · refreshed every 15 min- 10-QQuarterly report2026-08-05documentfolder
- 8-KEarnings release · items 2.02,9.012026-08-04documentfolder
- 8-KCurrent report · items 5.072026-06-02documentfolder
- 10-QQuarterly report2026-05-06documentfolder
- 8-KEarnings release · items 2.02,9.012026-05-05documentfolder
- DEF 14AProxy statement2026-04-16documentfolder
- 10-KAnnual report2026-02-17documentfolder
- 8-KEarnings release · items 2.02,9.012026-02-12documentfolder
- 10-QQuarterly report2025-11-05documentfolder
- 8-KEarnings release · items 2.02,9.012025-11-04documentfolder
- 8-KCurrent report · items 5.02,5.03,8.01,9.012025-09-08documentfolder
- 10-QQuarterly report2025-08-06documentfolder
Insider trades
Form 4, last 6 filings| Insider | Transaction | Shares | Avg price | Filed |
|---|---|---|---|---|
Duda Kenneth Director, President and CTO | Option exercise · acquired | 17,333 | $14.15 | 2026-10-22 |
Duda Kenneth Director, President and CTO | Open-market sale · disposed | 43,333 | $180.91 | 2026-10-22 |
Ullal Jayshree Director, CEO and Chairperson | Open-market sale · disposed | 158,543 | $217.09 | 2026-10-13 |
Ullal Jayshree Director, CEO and Chairperson | Open-market sale · disposed | 96,992 | $217.14 | 2026-10-09 |
Ullal Jayshree Director, CEO and Chairperson | Open-market sale · disposed | 460,374 | $212.09 | 2026-10-08 |
Breithaupt Chantelle Yvette Senior Vice President, CFO | Open-market sale · disposed | 1,224 | $215.00 | 2026-10-08 |
TEMPLETON MARK B Director | Open-market sale · disposed | 5,000 | $204.37 | 2026-10-05 |
News
ANET in plain answers
The questions readers ask about Arista Networks, answered from the company's own filings and this site's research. Each answer names its source.
What does Arista Networks (ANET) supply to AI?+
Designs data-center networking switches and the software that runs them. Sells the high-speed Ethernet switching used to connect GPUs in AI back-end networks, mainly to hyperscalers.
How much does AI matter to Arista Networks's business?+
AI exposure is rated significant on this site: A large and growing share of revenue or spending is AI-related. Reported by the company: Does not report AI revenue separately. Total revenue $3,035.7 million, up 37.7% year over year (first $3 billion quarter); product revenue $2,605.2 million, service $430.5 million. Q3 2026 guidance: revenue approximately $3.3 billion, non-GAAP operating margin 48-49%, non-GAAP diluted EPS $1.06-$1.08.
Company filing or releaseWhen is Arista Networks's next earnings date?+
Arista Networks has not announced its next earnings date. Its last earnings release was filed with the SEC on August 4, 2026 (Form 8-K, item 2.02); companies on this list usually announce the next date two to three weeks ahead.
Last earnings release on EDGARAre Arista Networks insiders buying or selling ANET stock?+
In the latest Form 4 filings for ANET there are 6 open-market sales, 1 other transaction (grants, option exercises, tax withholding); the most recent was filed on October 22, 2026 by Duda Kenneth. Every transaction links to the filing on SEC EDGAR below.
Most recent Form 4What should investors watch for ANET?+
Q3 2026 revenue versus the approximately $3.3 billion guide and non-GAAP operating margin versus 48-49% Ramp of the newly introduced 1.6 Tbps AI fabric platforms with liquid-cooled options and the 7060XE7 series (up to 100 Tbps system bandwidth)
SourceWhat are the main risks for Arista Networks?+
Large purchases by a limited number of customers represent a substantial portion of revenue: two customers accounted for 26% and 16% of 2025 revenue Escalating U.S. tariffs and retaliatory measures could disrupt costs and supply, given manufacturing in Malaysia, Vietnam and Mexico Key components come from sole or limited sources, notably switching silicon from Broadcom, which could delay products or raise costs
10-K filed 2026-02-17, Item 1AWhich AI category is ANET in?+
Arista Networks is listed under Networking. Ethernet switches for AI clusters at the largest cloud providers.
Related companies in Networking
Compare all →Original sources
- Investor relations — earnings dates, releases, presentations
- SEC EDGAR company page — every filing (CIK 0001596532)
- Latest annual report (10-K) — filed 2026-02-17
- TradingView symbol page — full chart and data