ANET · News · 20261104N

Net Income and Profitability

Arista Networks, Inc. · 2026-11-04 · Importance 62 · Surprise 46 · In source text

Arista reported Q3 FY2026 net income of $1.56 billion, or $1.5 billion as rounded in the earnings summary. Net income represented 41.9% of revenue. Diluted EPS was $1.20, up 55.8% year over year from $0.77, on 1.278 billion diluted shares.

Key facts

• CFO Chantelle Breithaupt said Q3 revenue growth was 58.5%, a record since IPO, and operating margin was above 49%. source
• Q3 FY2026 diluted EPS was $1.20, up 55.8% from $0.77 in the prior-year period, with 1.278 billion diluted shares. source
• Arista's non-GAAP earnings rose 55.8% year over year to $1.20 per share, beating the consensus estimate of $1.08 by 11.11%. source
• Q3 FY2026 operating income was $1.8 billion, or 49.1% of revenue. source
• Q3 FY2026 net income was $1.5 billion, or 41.9% of revenue. source
• Arista's GAAP EPS was $1.22, including $134.5 million of gains on strategic investments. source
• Arista's Q3 FY2026 non-GAAP EPS was $1.20, beating the $1.08 estimate. source
• Arista's Q3 EPS was $1.20 against $1.08 expected, an 11% beat. source

Impact estimates