Arista Networks, Inc. · ANET · Next earnings

Arista Networks, Inc. reports Tuesday, Nov 3, 2026

ANET reports after market close with consensus EPS at $1.06 and revenue at $3.33B. Last quarter: Arista Beats Q1 Revenue and EPS, Raises FY2026 Outlook on AI Strength

Reports After market close44 days awayDate estimated Technology

What the street expects

Consensus for the coming report
Consensus EPS $1.06 Calendar consensus
Consensus revenue $3.33B Calendar consensus
Report date Nov 3, 2026 Tuesday, date estimated
Session After market close 44 days away

Where ANET left off: FY2026 Q1

Full report

Arista Beats Q1 Revenue and EPS, Raises FY2026 Outlook on AI Strength

EPS surprise +7.7% Reported $0.87 vs $0.81
Revenue surprise +3.4% Reported $2.71B vs $2.62B
Stock move -13.6% Event window
Subsequent drift +12.9% Up to 20 sessions

Raised. FY2026 revenue outlook increased to $11.5B, representing 27.7% growth. AI segment target set at $3.5B, more than double the prior year. Campus revenue goal set at $1.25B. Capex outlook is increasing, with $180M committed to Santa Clara facilities. Guidance sentiment was raised and management tone was confident.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Wafer, silicon, and memory supply shortages leading to longer lead times
  • Potential gross-margin pressure from higher component costs and product mix
  • Inventory buildup amid uncertain demand timing

Questions analysts left open

  • Revenue contribution and timeline for scale-across vs. scale-out
  • Progress on 5-7 scale-up rack designs and timeline for 2027 roll-out
  • Impact of supply constraints on ability to meet growth targets
  • Gross-margin mix drivers and potential for margin recovery
  • Deferred revenue recognition timeline and composition

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Recent ANET quarters

All ANET earnings
-13.6%FY2026 Q1

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q1

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.