Arista Networks (ANET)

The company now

Arista Networks reported third-quarter 2026 revenue of $3.66 billion on 3 November, up 58.5 percent from a year earlier 1. The company called this its highest year-over-year revenue growth since its IPO 1.

Net income was $1,560.4 million against $853.0 million a year earlier 1. Diluted earnings per share under US accounting rules (GAAP) were $1.22, against $0.67 1.

The quarterly report says product revenue rose 66.9 percent, reflecting healthy demand for its switching and routing platforms 2. Gross margin, the share of revenue left after production costs, slipped to 63.6 percent from 64.6 percent 2.

The company ties margin pressure to higher product costs and tight supply of memory and silicon chips 2. It also says the long-term path of AI-driven networking demand is unknown, and two customers made up 26 percent and 16 percent of 2025 revenue 23.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.