Quarterly ResultMay 5, 2026, 04:13 PM
Arista Networks Q1 Revenue $2.71B, +35.1% YoY; Non-GAAP EPS $0.87
AI Summary
Arista Networks reported strong financial results for the first quarter ended March 31, 2026, with revenue reaching $2.709 billion, marking a 35.1% year-over-year increase, and non-GAAP diluted EPS of $0.87. The company also highlighted product innovations, including the XPO MSA for AI data centers and universal AI spines, alongside a high Net Promoter Score of 89. For the second quarter of 2026, Arista Networks anticipates revenue of approximately $2.8 billion and non-GAAP diluted net income per share of approximately $0.88.
Key Highlights
- Q1 2026 Revenue: $2.709 billion, a 35.1% increase year-over-year.
- Q1 2026 Non-GAAP Diluted EPS: $0.87, up from $0.66 in Q1 2025.
- Q1 2026 Non-GAAP Operating Margin: 47.8%, consistent with Q1 2025.
- Cash flow from operations: $1.69 billion for the first quarter 2026.
- Introduced XPO MSA, designed to reduce networking racks by up to 75%.
- Received a 2026 Net Promoter Score (NPS) of 89.
- Q2 2026 Revenue Guidance: approximately $2.8 billion.
- Q2 2026 Non-GAAP Diluted EPS Guidance: approximately $0.88.