Arista Networks Quarterly Income Statement
NYSE: ANETTelecommunicationsComputer Communications EquipmentUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Arista Networks revenue and earnings
In the quarter ended Jun 30, 2026, Arista Networks generated $3.04 billion in revenue, up 37.7% from the same quarter a year earlier. Net income was $1.21 billion (+36.5% year over year), for a net margin of 40.0% versus a median of 38.4% in the prior 5 quarters. Gross margin was 62.9% (down from 65.2%) and operating margin 45.4%.
Diluted earnings per share came in at $0.95, up from $0.70.
Summary generated from market data by MetaCap's automated system. Methodology
Arista Networks income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.04B | 2.71B | 2.49B | 2.31B | 2.20B | 2.00B | 1.93B | 1.81B | 1.69B | 1.57B | 1.54B | 1.51B |
| Revenue growth (YoY) | +37.69% | +35.13% | +28.87% | +27.47% | +30.43% | +27.58% | +25.31% | +19.97% | +15.87% | +16.28% | +20.77% | +28.27% |
| Cost of Revenue | 1.13B | 1.03B | 924.00M | 818.10M | 766.20M | 728.70M | 699.40M | 649.20M | 593.20M | 570.00M | 541.22M | 567.04M |
| Gross Profit | 1.91B | 1.68B | 1.56B | 1.49B | 1.44B | 1.28B | 1.23B | 1.16B | 1.10B | 1.00B | 999.25M | 942.42M |
| Operating Expenses | 532.30M | 519.00M | 530.90M | 512.00M | 452.40M | 417.30M | 431.40M | 376.40M | 397.60M | 341.20M | 359.28M | 339.72M |
| Research & Development | 348.20M | 343.70M | 348.40M | 326.00M | 296.50M | 266.40M | 285.00M | 235.80M | 267.50M | 208.40M | 211.46M | 212.35M |
| Selling, General & Admin | 184.10M | 175.30M | 182.50M | 186.00M | 155.90M | 150.90M | 146.40M | 140.60M | 130.10M | 132.80M | 147.82M | 127.37M |
| Operating Income | 1.38B | 1.16B | 1.03B | 978.20M | 986.20M | 858.80M | 799.60M | 785.30M | 699.60M | 660.20M | 639.97M | 602.70M |
| Other Income (Expense) | 126.30M | 113.60M | 104.50M | 98.90M | 94.00M | 96.20M | 89.40M | 97.60M | 70.80M | 62.60M | 54.40M | 41.81M |
| Pretax Income | 1.50B | 1.27B | 1.14B | 1.08B | 1.08B | 955.00M | 889.00M | 882.90M | 770.40M | 722.80M | 694.37M | 644.51M |
| Income Tax | 291.40M | 248.50M | 181.60M | 224.10M | 191.40M | 141.20M | 88.00M | 134.90M | 105.00M | 85.10M | 80.75M | 99.18M |
| Net Income | 1.21B | 1.02B | 955.80M | 853.00M | 888.80M | 813.80M | 801.00M | 748.00M | 665.40M | 637.70M | 613.62M | 545.33M |
| Net Income growth (YoY) | +36.46% | +25.69% | +19.33% | +14.04% | +33.57% | +27.61% | +30.54% | +37.17% | +35.28% | +46.10% | +43.67% | +54.05% |
| EPS (Basic) | 0.96 | 0.81 | 0.75 | 0.68 | 0.71 | 0.65 | 0.64 | 0.59 | 0.53 | 0.51 | -3.08 | 1.76 |
| EPS (Diluted) | 0.95 | 0.80 | 0.74 | 0.67 | 0.70 | 0.64 | 0.63 | 0.58 | 0.52 | 0.50 | -3.00 | 1.72 |
| Shares Outstanding (Basic) | 1.26B | 1.26B | — | 1.26B | 1.26B | 1.26B | — | 1.26B | 1.25B | 1.25B | — | 310.19M |
| Shares Outstanding (Diluted) | 1.28B | 1.27B | — | 1.28B | 1.27B | 1.28B | — | 1.28B | 1.28B | 1.28B | — | 317.63M |
| EBITDA | 1.40B | 1.18B | 1.06B | 1.00B | 999.00M | 872.60M | 814.90M | 800.90M | 715.10M | 675.80M | 654.33M | 619.70M |
| Gross Margin | 62.93% | 61.90% | 62.86% | 64.56% | 65.25% | 63.65% | 63.77% | 64.15% | 64.91% | 63.73% | 64.87% | 62.43% |
| Operating Margin | 45.39% | 42.74% | 41.52% | 42.38% | 44.73% | 42.84% | 41.42% | 43.37% | 41.39% | 42.01% | 41.54% | 39.93% |
| Net Margin | 39.95% | 37.76% | 38.42% | 36.95% | 40.31% | 40.59% | 41.49% | 41.31% | 39.36% | 40.58% | 39.83% | 36.13% |
This table shows 12 quarterly periods of Arista Networks's income statement, from Q2 2026 back to Q3 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow ANET's reporting calendar. What is a income statement?