Arista Networks posts record Q3 revenue and forecasts strong 2026 growth
Arista Networks reported third‑quarter 2026 revenue of $3.66 billion, a 58.5% year‑over‑year increase and 20.5% sequential growth. CEO Jayshree Ullal said the firm expects its networking platforms to carry more than 10 gigawatts of AI deployments by the end of 2027, but she does not anticipate a material rise in Ethernet scale‑up revenue that year. The company guided Q4 2026 revenue to $3.9‑$4.0 billion and full‑year 2026 revenue to about $13.3 billion, roughly 48% higher than the prior year.
Why it matters
The earnings beat and strong guidance suggest continued profit expansion, with GAAP net income rising to $1.56 billion and non‑GAAP EPS at $1.20. Analysts note that the outlook points to higher cash generation and reinforces the stock’s upside potential.
Key facts
- 1Q3 2026 revenue was $3.66 billion, up 58.5% YoY. techtimes.com
- 2GAAP net income for the quarter was $1.56 billion, an 83% increase from the prior year. pulse2.com
- 3Non‑GAAP diluted earnings per share were $1.20, while GAAP diluted EPS were $1.22. techtimes.com
- 4Arista forecasts Q4 2026 revenue between $3.9 billion and $4.0 billion. techtimes.com
- 5Full‑year 2026 revenue is projected at about $13.3 billion, roughly 48% higher than 2025. techtimes.com
- 6Ullal said Arista projects its networks will support over 10 gigawatts of AI deployments by the end of 2027, but no material Ethernet scale‑up revenue growth is expected in that year. techtimes.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.