Earnings Call
Aug 4, 2026
Q2 FY2026
EPS Estimate
0.89
EPS Actual
1.02
Post-Earnings Close
$197.31
Earnings Reaction
+3.6%
Arista Networks crossed a landmark threshold in Q2 2026, delivering its first-ever $3 billion revenue quarter, a figure that, as CEO Jayshree Ullal noted, exceeds the company's entire 2021 annual revenue. The result came in at $3.007 billion, well above guidance of $2.8 billion and representing 37.7% year-over-year growth. Diluted EPS of $1.02 beat the $0.89 consensus estimate by a wide margin, with operating income reaching $1.5 billion at a 49.9% operating margin. The company also entered the Fortune 500 and Russell 50 during the quarter, markers of its rapid ascent into the upper tier of U.S. technology companies.
Report generated on Aug 5, 2026
AI-generated earnings analysis. Not investment advice.
Chief Executive Officer
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
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