ANET · Earnings call · 2026Q3T · Full report

Net Income and Profitability

Arista Networks, Inc. · 2026-11-03 · Importance 58 · Surprise 46

Q3 net income was $1.53 billion, or 41.9% of revenue, after favorable other income and expense of $138.6 million. Diluted EPS was $1.20, up 55.8% from $0.77 in the prior-year quarter. Diluted shares were 1.278 billion.

Key facts

• Arista's Q3 diluted share count was 1.278 billion, and diluted EPS was $1.20, up 55.8% from $0.77 in the prior-year period.
• Arista forecast Q4 diluted EPS of $1.26 to $1.30 on approximately 1.28 billion diluted shares and an effective tax rate of approximately 21%.
• Arista Q3 net income was $1.53 billion, or 41.9% of revenue.
• Arista Q3 other income and expense was favorable $138.6 million and its effective tax rate was 20.9%.