Revenue segments as reported by the company.

Product

Service

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Arista Networks

Arista Networks, Inc. engages in the development, marketing, and sale of cloud networking solutions. Its cloud networking solutions consist of Extensible Operating System (EOS), a set of network applications and Ethernet switching, and routing platforms. The company was founded by Andreas Bechtolsheim, David Cheriton, and Kenneth Duda in October 2004 and is headquartered in Santa Clara, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Arista Networks reports record 2022 growth, addresses supply chain challenges

Arista Networks delivered a strong performance in 2022, driven by strategic partnerships and product innovation. While facing challenges such as supply chain disruptions and potential revenue deceleration concerns, the company remains optimistic about growth opportunities in cloud, enterprise, and data center markets. By focusing on core strengths and addressing challenges proactively, Arista is poised for continued success in 2023.

Arista Networks excels in Q1 earnings, eyes growth in high-speed tech and AI applications

Arista Networks delivered robust financial performance, showcasing strength in high-speed technologies and customer wins across sectors. Challenges include visibility issues with cloud titan customers and potential sales cycle slowdowns. The company is well-positioned for growth with opportunities in AI applications and new technology introductions.

Arista Networks excels in Q2 earnings, eyes AI networking growth

Arista Networks delivered robust financial results in Q2 2023, driven by improved gross margins and international revenue growth. The company's focus on AI networking and enterprise market strength positions it well for future growth. Challenges include a cloud titan's CapEx slowdown and the transition to 800 gig WAN.

Arista Networks reports robust Q3 earnings, eyes cloud business growth

Arista Networks delivered strong financial results in Q3 2023, showcasing resilience and growth potential. While facing challenges in supply chain and product development timing, the company is well-positioned for future success with a focus on new products and strategic partnerships. Opportunities in cloud business and operational cost advantages present avenues for continued growth.

Arista Networks surpasses Q4 revenue expectations, eyes AI networking growth

Arista Networks delivered strong financial performance in Q4 2023, driven by international contributions and a focus on AI networking. While facing challenges in a dynamic market, the company is strategically positioned to capitalize on opportunities in adjacent sectors and AI innovation.

Arista Networks excels in Q1 2024, eyes growth opportunities

Arista Networks delivered robust financial results in Q1 2024, showcasing growth and profitability.
The company's strategic initiatives around technology innovation and market expansion position it well for future success.
Challenges in technology adoption and competitive landscape require proactive strategies and adaptability.
Opportunities in new markets, organizational enhancements, and customer segments offer avenues for sustained growth.

Arista Networks excels in Q2 with strong financials and AI focus

Arista Networks delivered a strong performance in Q2 2024, driven by robust financials, innovative products, and customer success.
While facing challenges in maintaining margins and navigating competition, Arista's focus on AI networking presents growth opportunities.
The company's financial stability, customer satisfaction, and strategic guidance for Q3 signal a promising outlook for future growth.

Arista Networks posts robust Q3 results, eyes AI network growth

Arista Networks (ANET) delivered a strong Q3 performance with robust financials, driven by international growth and product innovation.
While facing competition and supply chain challenges, the company remains well-positioned with opportunities for revenue growth and market expansion.
Strategic initiatives like the stock split and focus on AI networking underscore Arista Networks' (ANET) commitment to future growth and innovation.

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Arista Networks, Inc. engages in the development, marketing, and sale of cloud networking solutions. Its solutions include EOS, a set of network applications, and Gigabit Ethernet switching and routing platforms. Its product categories include Core, Cognitive Adjacencies, and Network Software and Services. The company was founded by Andreas Bechtolsheim, David Cheriton, and Kenneth Duda in November 2004 and is headquartered in Santa Clara, CA.

Arista Networks (ANET) came out with quarterly earnings of $2.10 per share, beating the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $1.58 per share a year ago.

Arista Networks (ANET) Surpasses Q2 Earnings and Revenue Estimates

Arista Networks forecast third-quarter revenue above Wall Street estimates on Tuesday, anticipating strong demand for its networking gear from cloud computing companies and artificial intelligence applications.

Arista Networks forecasts quarterly revenue above estimates on AI boom

Arista reported Q2 earnings and revenue that topped analyst estimates but the size of the beat and guidance may have left some investors underwhelmed.

Arista Earnings, Revenue Top Estimates Amid Tech Stock Sell-Off

SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista Networks, Inc. (NYSE: ANET), an industry leader in data-driven, client-to-cloud networking for large AI, data center, campus and routing environments, today announced financial results for its second quarter ended June 30, 2024. Second Quarter Financial Highlights “On the heels of our June celebration of 10 years as a public company, I would again like to thank our customers, employees and partners for contributing to our success as we arrived at thi.

Arista Networks, Inc. Reports Second Quarter 2024 Financial Results

Oracle

Pure Storage

The artificial intelligence era is proving to be quite lucrative for big data companies. In addition to providers of data storage services, firms that specialize in analyzing huge amounts of unstructured data are getting a big boost from the proliferation of AI.

3 Large Data Stocks to Buy for the Booming AI Era

Arista (ANET) is expected to report higher revenues from the Service segment, driven by healthy traction of its unified software stack among enterprise customers.

Can Higher Service Revenues Boost Arista's (ANET) Q2 Earnings?

Arista (ANET) is expected to have earned higher Q2 revenues from its product segment, backed by growing demand for its fixed, modular and distributed Etherlink switching platforms.

Will Healthy Product Revenues Boost Arista's (ANET) Q2 Earnings?

Arista Networks is positioned for strong eFY24 with q1'24 beat and raise as customers begin the next refresh cycle after destocking inventory. Arista Networks will likely participate in the next wave of spending as GPUs have become more abundant, leading to firms investing more heavily in networking equipment. I anticipate Arista to generate $1.65b in revenue and adjusted EPS of $1.68/share in eq2'24. This should mark the beginning of the upcycle going forward.

Arista Networks Is Poised For A Major Upcycle (Earnings Preview)

Micron Technology

QUALCOMM

Steady economic growth amid easing inflationary pressure bodes well for Arista Networks (ANET), QUALCOMM (QCOM) and Micron Technology (MU).

Goldilocks US Economy to Boost Stock Price of ANET, QCOM, MU

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Should You Invest in Arista Networks (ANET) Based on Bullish Wall Street Views?

With solid fundamentals and healthy revenue-generating potential driven by robust demand trends, Arista (ANET) appears to be a solid investment proposition at the moment.

Is Arista (ANET) Stock a Smart Buy Before Q2 Earnings Release?

NVIDIA

NXP Semiconductors

Just as the ancient Roman Empire was powered by human labor deployed in agriculture, the modern era relies on semiconductors to power the digital age. This makes investing in semiconductor stocks an easy proposition, as it is investing in the civilization itself.

3 Semiconductor Stocks to Bet On for Market-Crushing Returns

GoDaddy

Spotify

Identifying high-growth stocks with the potential to deliver 900% returns in a decade is extremely difficult. Very few companies can achieve this, though it is certainly not impossible.

Lagger to 10-Bagger: 3 Stocks to Bet on for Potential 900% Returns by 2035

Microsoft

Billionaire investor Stan Druckenmiller reduced his stake in Nvidia during the first quarter while adding to his positions in Microsoft and Arista Networks. Microsoft is monetizing generative artificial intelligence through its enterprise software products and cloud computing services.

This Legendary Wall Street Billionaire Is Selling Nvidia Stock and Buying 2 Artificial Intelligence (AI) Stocks Instead

Eli Lilly

Super Micro Computer

After Wednesday's painful market-wide sell-off, investors seem more willing than ever to give up on the big-tech trade. Indeed, the Magnificent Seven was crushed as two members reported quarterly results that failed to impress.

3 Top-Performing Stocks Beating the Big Names in 2024

Apple

Palantir Technologies

The U.S. equities rally seems to be fizzling out. Over the past five days, the tech-heavy Nasdaq Composite has tumbled 4.3%, while the S&P500 has fallen by a smaller 2.4%.

Get Your Money Out of These 3 Overhyped Stocks by 2025

Arista Networks (ANET) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Arista Networks (ANET) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Advanced Micro Devices

Broadcom

Invesco QQQ

Direxion Daily Semiconductor Bull 3x Shares

iShares PHLX Semiconductor ETF

SPDR S&P 500 ETF Trust

In April, I expected tech and AI to be in a correction by June - so far, right on track. Evidence in July shows Nvidia, AMD, Qualcomm, and Micron in corrective structures, while other names like Meta Platforms are joining their hardware brethren. Overall, AI has begun a correction, and it may last for a few months, with bounces along the way.

Indexes Are At All-Time Highs, But AI Stocks Are Already Correcting (Technical Analysis)

With solid fundamentals and healthy revenue-generating potential driven by robust demand trends, Arista (ANET) appears to be a solid investment proposition.

Arista (ANET) Surges 95% in a Year: Should You Ride the Wave?

Alphabet

Hewlett Packard

When it comes to gaining exposure to the generative artificial intelligence (GenAI) growth boom, investors have many options. However, owning shares in AI chip makers, or software companies, isn't the only way to play this trend.

3 Edge Computing Stocks That Could Be Multibaggers in the Making: July Edition

Corning

Paycom Software

PayPal

Twilio

Arista Networks, Corning, PayPal, Paycom and Twilio are included in this Analyst Blog.

The Zacks Analyst Blog Arista Networks, Corning, PayPal, Paycom and Twilio

Ciena

Cisco Systems

Flex

Jabil

The Biden administration's escalating restrictions on China's access to high-end semiconductors and technology, along with the potential for higher tariffs under future administrations, have stirred significant concern among investors.

5 Tech Stocks Set To Gain From US Chip Crackdown On China: JPMorgan

Here, we have picked five tech stocks, Arista Networks (ANET), Corning (GLW), PayPal (PYPL), Paycom Software (PAYC) and Twilio (TWLO), which are likely to pull off earnings surprises in second-quarter 2024.

5 Technology Stocks Poised to Beat Earnings Estimates in Q2

AeroVironment

Snowflake

At the start of the 2020s, machine learning was a small industry with limited applications outside marketing departments. However, the rise of AI and faster, more efficient chips in the past two years has opened the floodgates to innovation.

If You Can Only Buy One Machine Learning Stock in July, It Better Be One of These 3 Names

Kinross Gold

Veeco Instruments

KGC, VECO and ANET made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 16, 2024.

News for Arista Networks Stock (ANET)