Earning Analysis
Welcome to our in-depth analysis of Arista Networks Inc(ANET) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of Arista Networks Inc earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
| FY2025Q3 | 2025-11-04 | After Hours | 0.71 | 0.75 | +5.63 | 2.27B | 2.31B | +1.84 | -8.55 | -10.61 |
| FY2025Q2 | 2025-08-05 | After Hours | 0.65 | 0.73 | +12.31 | 2.11B | 2.20B | +4.50 | +17.49 | +16.53 |
| FY2025Q1 | 2025-05-06 | After Hours | 0.59 | 0.65 | +10.17 | 1.97B | 2.00B | +1.74 | -4.76 | +1.71 |
| FY2024Q4 | 2025-02-18 | After Hours | 0.57 | 0.65 | +14.04 | 1.90B | 1.93B | +1.34 | -6.43 | -16.37 |
| FY2024Q2 | 2024-07-30 | - | 1.72 | 1.88 | +9.30 | 1.65B | 1.69B | +2.36 | -2.85 | -1.75 |
| FY2024Q1 | 2024-05-07 | - | 1.56 | 1.80 | +15.38 | 1.55B | 1.57B | +1.53 | -1.73 | +11.14 |
| FY2023Q4 | 2024-02-12 | - | 1.52 | 1.85 | +21.71 | 1.54B | 1.54B | +0.01 | -0.56 | -7.33 |
| FY2023Q3 | 2023-10-30 | - | 1.41 | 1.63 | +15.60 | 1.48B | 1.51B | +2.25 | -0.27 | +20.60 |
| FY2023Q2 | 2023-07-31 | - | 1.29 | 1.41 | +9.30 | 1.38B | 1.46B | +5.90 | +2.65 | +18.87 |
| - | 2023-05-01 | - | 1.19 | 1.26 | +5.88 | - | - | - | - | -13.85 |
ANET Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, Arista Networks Inc reported performance for FY2025Q3, announced on 2025-11-04. The company achieved an EPS of 0.75, compared to analyst estimates of 0.71 by 5.63% . Revenue for the quarter reached 2.31B compared to expectations of 2.27B by 1.84% .
The stock price reacted with a -8.55% one-day change and a -10.61% five-day change following the earnings release. These movements reflect market reaction in Arista Networks Inc growth trajectory and strategic initiatives.
ANET Earnings Forecast
Looking ahead, Arista Networks Inc(ANET) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2025/Q4 project quarter revenue of 2.38B and an EPS of 0.76.
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2025 have been Revise Upward by 1.03%, while EPS estimates have been Revise Upward by 2.5%. For the upcoming Q4 2025, revenue estimates have been adjusted Revise Upward by 2.24% . These revisions correlate with a -10.01% change in stock price over the same period, suggesting potential buying opportunities for investors who believe in Arista Networks Inc long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between ANET's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2025
Revise Upward
+1.03%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward
+2.5%
In Past 3 Month
Revenue Estimates for Q4 2025
Revise Upward
+2.24%
In Past 3 Month
Stock Price
Go Down
-10.01%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2025
Currency: USD
1Y
3Y
5Y
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Revenue Estimate-Annual FY 2025:8.90B
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EPS Estimate-Annual FY 2025:2.88
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Stock Price128.55
ANET Revenue and EPS Performance: A Historical Perspective
Arista Networks Inc revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2025Q3 (2025-11-04,After Hours):
EPS: 0.75 (Actual) vs.0.71 (Estimate) (5.63%)
Revenue: 2.31B (Actual) vs. 2.27B (Estimate) (1.84%)
Price Reaction: -8.55%(1-Day), -10.61%(5-Day)
FY2025Q2 (2025-08-05,After Hours):
EPS: 0.73 (Actual) vs.0.65 (Estimate) (12.31%)
Revenue: 2.20B (Actual) vs. 2.11B (Estimate) (4.50%)
Price Reaction: 17.49%(1-Day), 16.53%(5-Day)
FY2025Q1 (2025-05-06,After Hours):
EPS: 0.65 (Actual) vs.0.59 (Estimate) (10.17%)
Revenue: 2.00B (Actual) vs. 1.97B (Estimate) (1.74%)
Price Reaction: -4.76%(1-Day), 1.71%(5-Day)
Earnings Reaction
The chart below shows how ANET performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ANET sees a -0.93% change in stock price 10 days leading up to the earnings, and a +1.95% change 10 days following the report. On the earnings day itself, the stock moves by -0.28%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in SEP/2025, the stock changed -8.55% on the day following the earnings release and then changed by -19.60% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
Arista Networks Inc (ANET) Q3 2025 Earnings Call Summary
Neutral
2025-11-05
The earnings call summary indicates strong demand and growth in AI and cloud sectors, but concerns arise from supply constraints and variability in growth rates. The Q&A session highlights management's confidence in future growth, yet acknowledges supply chain challenges and lower margins in some segments. These mixed signals suggest a neutral sentiment, with potential for both positive and negative short-term reactions.
Arista Networks Inc (ANET) Q2 2025 Earnings Call Summary
Positive
2025-08-05
The earnings call summary highlights Arista's strong financial metrics, with raised full-year growth guidance from 17% to 25%, driven by demand across enterprise, AI, and cloud sectors. The Q&A section supports this positive outlook, emphasizing strong demand, innovation, and strategic positioning in AI and cloud markets. Despite some uncertainties regarding TAM for Scale-Up Ethernet and deferred revenue, the overall sentiment is positive, supported by optimistic guidance and strategic growth initiatives.
Arista Networks Inc (ANET) Q1 2025 Earnings Call Summary
Positive
2025-05-06
The earnings call reveals strong financial performance, including record revenue and robust net income growth. Despite slight margin declines, the optimistic guidance for 2025, particularly in AI revenue, and significant stock repurchases indicate confidence. The Q&A highlights some uncertainty regarding tariffs and visibility, but overall sentiment remains positive. The company's proactive engagement with customers and innovation efforts further bolster its outlook, suggesting a likely stock price increase in the near term.
Arista Networks Inc (ANET) Q4 2024 Earnings Call Summary
Positive
2025-02-19
Arista's earnings report shows strong revenue growth and EPS increase, despite a slight decline in gross margin. The optimistic guidance and AI network growth outlook, coupled with a substantial share repurchase program, suggest positive market sentiment. The Q&A highlights confidence in AI back-end sales and enterprise growth, although some management responses were vague. Overall, the financial performance and strategic initiatives indicate a positive outlook for the stock price in the short term.
Arista Networks, Inc. (ANET) Q3 2024 Earnings Call Summary
Positive
2024-11-08
The earnings call presents a generally positive outlook. Strong financial performance with a 20% revenue increase and 31.1% EPS growth, alongside optimistic guidance and a significant share repurchase program, suggests favorable investor sentiment. However, slight concerns arise from supply chain challenges and competitive pressures. The Q&A highlights progress in AI trials and positive partnerships, though some responses lack clarity. Overall, the strong financials and strategic initiatives outweigh the risks, indicating a likely positive stock price movement.
Arista Networks, Inc. (ANET) Q2 2024 Earnings Call Summary
Positive
2024-07-31
The earnings call shows strong financial performance, with significant revenue growth, improved margins, and robust cash flow. The positive outlook for AI networking and raised revenue guidance for FY 2024 further boosts sentiment. The Q&A section reveals optimism about AI trials and growth acceleration, despite some management evasiveness on specifics. Overall, the combination of solid results, optimistic guidance, and strategic positioning in AI networking suggests a positive stock price movement in the short term.
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FAQ
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How does ANET’s stock price correlate with earnings forecast revisions?
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