Arista Networks, Inc.

For the period ended Jun 30, 2026. Filed Aug 5, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 5, 2026

ANET$185.02-0.6%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Income Statements for the and

Condensed Consolidated Income Statements

(Unaudited, in millions, except per share amounts)

	Three Months Ended June 30,		Six Months Ended June 30,
	2026	2025	2026	2025
Revenue:
Product	$2,605.2	$1,877.0	$4,916.5	$3,569.5
Service	430.5	327.8	828.2	640.1
Total revenue	3,035.7	2,204.8	5,744.7	4,209.6
Cost of revenue:
Product	1,047.5	707.3	2,009.4	1,380.0
Service	77.9	58.9	148.2	114.9
Total cost of revenue	1,125.4	766.2	2,157.6	1,494.9
Gross profit	1,910.3	1,438.6	3,587.1	2,714.7
Operating expenses:
Research and development	348.2	296.5	691.9	562.9
Sales and marketing	150.3	126.5	291.9	243.1
General and administrative	33.8	29.4	67.5	63.7
Total operating expenses	532.3	452.4	1,051.3	869.7
Income from operations	1,378.0	986.2	2,535.8	1,845.0
Other income (expense), net	126.3	94.0	239.9	190.2
Income before income taxes	1,504.3	1,080.2	2,775.7	2,035.2
Provision for income taxes	291.4	191.4	539.9	332.6
Net income	$1,212.9	$888.8	$2,235.8	$1,702.6
Net income per share:
Basic	$0.96	$0.71	$1.78	$1.35
Diluted	$0.95	$0.70	$1.75	$1.34
Weighted-average shares used in computing net income per share:
Basic	1,260.1	1,256.3	1,258.9	1,258.2
Diluted	1,276.0	1,271.2	1,274.9	1,275.2

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.