Arista Networks reported Q1 2026 revenue of $2.71 billion via SEC 8-K filing, representing a 35.1% increase year-over-year and exceeding market expectations.
📊 Price at Article Time (May 6, 2026, 07:03 KST)
$170.22 ▼ -1.39%
~250,053 KRW (1469 KRW/USD)
Q1 Results at a Glance
Arista Networks delivered strong Q1 2026 (January–March) results with significant year-over-year and sequential revenue and profit growth. Revenue also grew 8.9% sequentially.
- Revenue: $2.71 billion, +35.1% YoY, +8.9% QoQ
- GAAP EPS: $0.80 vs. $0.64 in prior year
- Non-GAAP EPS: $0.87 vs. $0.66 in prior year
- GAAP Operating Income: $1.16 billion, Operating Margin 42.7%
- Non-GAAP Operating Income: $1.29 billion, Operating Margin 47.8%
- GAAP Net Income: $1.02 billion
- Operating Cash Flow: $1.69 billion
Q2 Guidance
The company provided Q2 2026 revenue guidance of approximately $2.8 billion. Non-GAAP operating margin is expected to be 46–47%, with Non-GAAP EPS around $0.88. CFO Shantelle Brethour stated: 'While macroeconomic and supply chain conditions remain uncertain, strong team execution enabled a solid start.'
Market Reaction
Despite both earnings and forward guidance beating expectations, the stock declined. As of May 6, 2026, 7:03 a.m. KST, shares traded at $170.22, down 1.39% from the prior close. Major financial outlets including Barron's, Sherwood News, and Benzinga reported that the stock fell despite the beat. Analysts attribute this to strong results already being priced into the share price ahead of the announcement.
Business Segment Breakdown
- Product Revenue: $2.31 billion vs. $1.69 billion in prior year
- Service Revenue: $398 million vs. $312 million in prior year
This article was auto-generated based on SEC 8-K filings and third-party reporting. It is intended for rapid dissemination of key data following announcement. We recommend reviewing official company filings before making investment decisions. Prices are as of publication time and may differ from current levels.
