ANET · 8-K · 20260804PR000174
Operating Income and Margins
Arista Networks, Inc. · 2026-08-04 · Importance 57 · Surprise 38 · No source text
GAAP operating income rose to $1.378 billion in Q2 2026 from $986.2 million in Q2 2025. GAAP operating margin expanded to 45.4% from 44.7%, while non-GAAP operating margin increased to 49.9% from 48.8%. Six-month non-GAAP operating income reached $2.808 billion, including $241.3 million of stock-based compensation and $30.6 million of intangible asset amortization adjustments.
Key facts
- GAAP operating margin for the second quarter of 2026: 45.4%. source
- Non-GAAP operating margin for the second quarter of 2026: 49.9%. source
- GAAP income from operations for the three months ended June 30, 2026: $1,378.0 million. source
- Non-GAAP income from operations for the three months ended June 30, 2026: $1,513.7 million. source
- Income before income taxes for the three months ended June 30, 2026: $1,504.3 million. source
- Other income (expense), net for the three months ended June 30, 2026: $126.3 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| margin | positive | realized | — | GAAP operating margin for the second quarter of 2026: 45.4%. |
| margin | positive | realized | — | Non-GAAP operating margin for the second quarter of 2026: 49.9%. |
| operating_income | positive | realized | — | GAAP income from operations for the three months ended June 30, 2026: $1,378.0 million. |
| operating_income | positive | realized | — | Non-GAAP income from operations for the three months ended June 30, 2026: $1,513.7 million. |
| net_income | positive | realized | — | Income before income taxes for the three months ended June 30, 2026: $1,504.3 million. |