Arista Networks, Inc. announced its financial results for the second quarter of 2025, reporting revenue of $2.205 billion, which reflects a 10% increase from the previous quarter and a 30.4% increase year-over-year. The company achieved a GAAP net income of $888.8 million, or $0.70 per diluted share, compared to $665.4 million, or $0.52 per diluted share in the same quarter last year. Additionally, both GAAP and non-GAAP gross margins improved, with GAAP gross margin at 65.2% and non-GAAP gross margin at 65.6% for the quarter.
In other developments, Arista introduced new AI-driven products and acquired the VeloCloud SD-WAN portfolio, enhancing its offerings in enterprise networking. The company was also recognized as a leader in the 2025 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure. Looking forward, Arista anticipates third-quarter revenue of approximately $2.25 billion and a non-GAAP gross margin of around 64%. The company will host its Analyst Day on September 11, 2025, providing further insights into its business strategy.
linkAug 05, 2025 16:09:13
Arista Networks, Inc. announced its financial results for the first quarter of 2025, reporting revenues of $2.005 billion, marking a 27.6% increase from the same period last year. The company also achieved a GAAP net income of $813.8 million, or $0.64 per diluted share, compared to $637.7 million, or $0.50 per diluted share in Q1 2024. Additionally, Arista's gross margins remained stable, with a GAAP gross margin of 63.7%. The company highlighted its focus on innovation to meet the needs of AI and cloud customers driving network transformation.
The Board of Directors authorized a new stock repurchase program allowing for the buyback of up to $1.5 billion in shares, following a record $787 million in stock repurchases during the first quarter. This reflects the company's confidence in its long-term value. Arista also introduced new capabilities for AI networking and was recognized in the Leaders Quadrant of the 2025 Gartner Magic Quadrant for Data Center Switching, indicating its strong position in the market.
linkMay 06, 2025 16:07:47
Arista Networks achieved a record revenue of $7 billion for the fiscal year 2024, marking a 19.5% increase from 2023. The company also reported a GAAP net income of $2.852 billion, or $2.23 per diluted share, up from $2.087 billion, or $1.65 per diluted share, in the previous year. The gross margins improved as well, with a GAAP gross margin of 64.1%, compared to 61.9% in 2023, indicating enhanced profitability alongside growth. Additionally, the company noted a significant increase in operating cash flow, allowing for continued investment in strategic initiatives like AI and campus markets.
However, there were some negative indicators in the fourth quarter results. The GAAP gross margin decreased slightly to 63.8% from 64.2% in the previous quarter and 64.9% in the same quarter last year. Non-GAAP gross margins also showed a decline, dropping to 64.2% from 64.6% in Q3 2024 and 65.4% in Q4 2023. Despite these reductions, the company reported a GAAP net income of $801 million for the fourth quarter, which was an increase from $614 million in the same quarter of 2023. The overall mixed performance in gross margins reflects some challenges in maintaining cost efficiency amid significant revenue growth.
linkFeb 18, 2025 16:09:00
Arista Networks, Inc. announced its financial results for the third quarter of 2024, reporting a revenue of $1.811 billion. This marks a 7.1% increase from the previous quarter and a 20% increase compared to the same quarter last year. The company also achieved a GAAP net income of $747.9 million, or $2.33 per diluted share, reflecting significant growth from $545.3 million, or $1.72 per diluted share, in Q3 2023. Additionally, Arista highlighted key partnerships, including a collaboration with Alabama Fiber Network and advancements in its CloudVision platform, aimed at enhancing network operations for clients. A four-for-one stock split was also approved to broaden stock accessibility for investors.
On the downside, Arista reported a slight decline in its gross margins, with GAAP gross margin at 64.2%, down from 64.9% in Q2 2024 and 62.4% in Q3 2023. Non-GAAP gross margin also decreased to 64.6% from 65.4% in the previous quarter. The company noted ongoing challenges, including rising component costs and economic pressures that could affect future performance. Despite the revenue growth, the fluctuations in gross margins and potential economic uncertainties present concerns for investors.
linkNov 07, 2024 16:11:01
Arista Networks reported impressive second-quarter results, with revenue rising 15.9% year-over-year to $1.69 billion and a significant increase in net income. The company celebrated its 10th anniversary as a public entity, showcasing growth and profitability. New product launches in AI networking and security solutions highlight its commitment to innovation. Looking ahead, Arista forecasts continued revenue growth for Q3 2024, indicating a positive outlook.
linkJul 30, 2024 16:08:49
Arista Networks reports a solid start in Q1 2024 with revenue growth and increased net income. The company introduces new network observability software and focuses on AI for networking. The Board authorizes a $1.2B stock repurchase program. Q2 2024 outlook includes revenue of $1.62-$1.65B, a non-GAAP gross margin of 64%, and non-GAAP operating margin of 44%. Arista aims to deliver long-term value to shareholders through financial performance and investments.
linkMay 07, 2024 16:10:05
Arista Networks, Inc. reported a 33.8% increase in full-year revenue, with significant growth in net income. The fourth quarter also saw positive results, including a 20.8% revenue increase. The company highlighted technological advancements in ultra-low latency networking and zero trust networking vision. The appointment of a new CFO and strategic initiatives in AI-driven networking identity and modernizing routing were also key highlights. The financial outlook for the first quarter of 2024 shows a positive revenue expectation and strong operating margin.
linkFeb 12, 2024 16:07:28
Arista Networks announced the appointment of Chantelle Breithaupt as CFO, bringing over 25 years of financial experience. The company also revealed leadership transitions, with Andy Bechtolsheim becoming chief architect, Ken Duda joining the board, and Hugh Holbrook taking on the role of chief development officer. The CEO expressed excitement for the new CFO and the visionaries leading the company's growth and opportunity.
linkDec 01, 2023 09:07:36
Arista Networks, Inc. reported strong financial results for the third quarter of 2023, with revenue increasing by 3.5% compared to the previous quarter and 28.3% compared to the same quarter last year. The company's GAAP gross margin also improved, reaching 62.4%. Arista was appointed by Spark as a private cloud networking provider and is working with the Ultra Ethernet Consortium to enhance Ethernet capabilities for AI and HPC. Additionally, Arista was recognized by Newsweek as one of America's Greenest Companies. The company expects continued growth in the fourth quarter, with revenue projected to be between $1.500 billion to $1.550 billion.
linkOct 30, 2023 16:08:02