ANET · Earnings call · 2026Q2T · Full report
Capital Return Program
Arista Networks, Inc. · 2026-08-04 · Importance 17 · Surprise 24 · Contradicted
Arista did not repurchase common stock during Q2 2026. The May 2025 repurchase authorization had $817.9 million remaining for future repurchases from the original $1.5 billion program. Management said future repurchase timing and amounts will depend on market conditions, business conditions, stock price, and other factors. No dividend payment or dividend increase was discussed on the call.
Key facts
- Arista did not repurchase common stock in the quarter; $817.9 million remain available from the $1.5 billion repurchase program approved in May 2025.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | Arista did not repurchase common stock in the quarter; $817.9 million remain available from the $1.5 billion repurchase program approved… |