Arista Networks, Inc. filed its Form 10-Q for the quarterly period ended June 30, 2026 with the U.S. Securities and Exchange Commission on August 5, 2026, reporting results for the three and six months ended June 30, 2026.

Key Highlights

  • Q2 2026 total revenue: $3,035.7 million, up from $2,204.8 million in Q2 2025.
  • Q2 2026 net income: $1,212.9 million, compared to $888.8 million in Q2 2025.
  • Diluted EPS (Q2 2026): $0.95 per share, versus $0.70 per share in Q2 2025.
  • Six-month net income: $2,235.8 million for the six months ended June 30, 2026, compared to $1,702.6 million for the same period in 2025.
  • Total assets: $23,720.1 million as of June 30, 2026, up from $19,448.6 million at December 31, 2025.
  • Deferred revenue (current): $5,100.7 million as of June 30, 2026, compared to $4,002.6 million at December 31, 2025.
  • Shares outstanding: 1,261,224,648 shares of common stock as of July 30, 2026.

Arista Networks Q2 2026 Financial Results: Revenue, Earnings, and Balance Sheet

According to the filing, Arista Networks (New York Stock Exchange: ANET) reported total revenue of $3,035.7 million for the three months ended June 30, 2026, consisting of product revenue of $2,605.2 million and service revenue of $430.5 million. For the comparable prior-year quarter, total revenue was $2,204.8 million. For the six months ended June 30, 2026, total revenue reached $5,744.7 million, up from $4,209.6 million in the first half of 2025.

The company disclosed gross profit of $1,910.3 million for Q2 2026, with total operating expenses of $532.3 million, yielding income from operations of $1,378.0 million. Other income, net was $126.3 million. After a provision for income taxes of $291.4 million, net income for the quarter was $1,212.9 million, or $0.95 per diluted share. For the six-month period, net income was $2,235.8 million, or $1.75 per diluted share, according to the filing.

As of June 30, 2026, the filing reported total assets of $23,720.1 million, including cash and cash equivalents of $2,290.2 million and marketable securities of $11,053.1 million. Total stockholders' equity was $14,797.7 million, with retained earnings of $11,682.8 million. Current deferred revenue stood at $5,100.7 million and non-current deferred revenue at $1,765.2 million. Inventories were reported at $2,535.3 million. Accumulated other comprehensive loss was $(40.5) million as of quarter end, compared to accumulated other comprehensive income of $12.0 million at December 31, 2025.

What Was Disclosed

Arista Networks filed a quarterly report covering the three and six months ended June 30, 2026, disclosing revenue, net income, earnings per share, balance sheet positions, and stockholders' equity activity for the period and the comparable prior-year periods.