Arista Networks Q4 EPS Beats by $0.06, Raises Q1 Revenue to $2.6B

ANETANET

Arista Networks reported Q4 EPS of $0.82 versus estimates of $0.76 and revenue of $2.49B, up 29% from $1.93B a year earlier. For Q1, the company guided to $2.6B revenue, 62–63% non-GAAP gross margin and 46% operating margin while highlighting 150M ports shipped and $9B in annual revenue.

1. Q4 Financial Results

Arista delivered fourth-quarter EPS of $0.82, topping the $0.76 consensus, and reported revenue of $2.49 billion, a 29% increase from $1.93 billion in Q4 2024.

2. Strategic Milestones

The company highlighted the milestone of shipping a cumulative 150 million ports, exceeded its AI networking and campus expansion goals, and achieved $9 billion in full-year 2025 revenue with profitable growth.

3. Q1 2026 Guidance

For the first quarter of 2026, Arista forecasts revenue around $2.6 billion versus a $2.45 billion estimate, non-GAAP gross margins of 62%–63%, and a non-GAAP operating margin of approximately 46%, underscoring strong margin expansion.

Sources

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