Arista Networks 8-K
PositiveEarningsNew guidance
New AI fabric platforms offer Linear Pluggable Optics, which Arista says cuts interconnect power use ≈60% vs traditional pluggable optics.
Filed 2026-08-04 16:06 ET
- 2.02 Results of Operations
- 9.01 Financial Statements and Exhibits
Summary
Q2 2026 results with Q3 guidance. Arista posted its first quarter above $3B in revenue, up 37.7% Y/Y, with diluted EPS growth and higher operating margins. It also introduced 1.6 Tbps AI fabric platforms with up to 100 Tbps of system bandwidth; the company says its Linear Pluggable Optics option cuts interconnect power use by approximately 60% vs traditional pluggable optics.
Key Figures
| Metric | Q2 2026 | Q2 2025 | Y/Y |
|---|---|---|---|
| Revenue | $3.04B | $2.20B | +37.7% |
| Operating income | $1.38B | $986M | +39.7% |
| GAAP operating margin | 45.4% | 44.7% | +70 bp |
| Non-GAAP operating margin | 49.9% | 48.8% | +110 bp |
| Net income | $1.21B | $889M | +36.5% |
| Diluted EPS | $0.95 | $0.70 | +35.7% |
| Non-GAAP diluted EPS | $1.02 | $0.73 | +39.7% |
- Six-month operating cash flow was $2.78B vs $1.84B; net income was $2.24B vs $1.70B. At 6/30/2026, cash and cash equivalents were $2.29B and marketable securities were $11.1B.
Guidance
| Metric | Period | Guidance | Prior | Direction |
|---|---|---|---|---|
| Revenue | Q3 2026 | ≈$3.3B | — | — |
| Non-GAAP operating margin | Q3 2026 | 48%-49% | — | — |
| Non-GAAP diluted net income per share | Q3 2026 | $1.06-$1.08 | — | — |
The non-GAAP outlook excludes specified items, including stock-based compensation and intangible amortization; the company says a forward-looking reconciliation to GAAP is unavailable without unreasonable effort.
Investor Takeaways
- Q3 revenue, non-GAAP operating margin and diluted EPS vs guidance will show whether the Q2 growth and margin levels continue.
The summary is written by an AI model reading the filing.
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