Revenue $3.04B, up 37.7% on a year earlier. Product Revenue $2.61B, up 38.8%. Service revenue $430.50M, up 31.3%. Diluted EPS $0.95 against $0.70.
| Q2 FY26 | Q1 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|---|
| Revenue | $3.04B | $2.71B | $2.20B | +37.7% |
| Operating income | $1.38B | $1.16B | $986.20M | +39.7% |
| Net income | $1.21B | $1.02B | $888.80M | +36.5% |
| Diluted EPS | $0.95 | $0.80 | $0.70 | |
| Operating cash flow | $1.08B | $1.69B | $1.20B | -9.8% |
| Capital expenditures | -$29.70M | -$54.50M | -$24.00M | |
| Free cash flow | $1.05B | $1.64B | $1.18B | -10.4% |
| Q2 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|
| Product Revenue | $2.61B | $1.88B | +38.8% |
| Service revenue | $430.50M | $327.80M | +31.3% |
| Period | Measure | Guided | Reported | Result |
|---|---|---|---|---|
| Q2 FY26 | Revenue | $2.80B | $3.04B | above |
The week's biggest guidance misses, KPI surprises and one chart.
Stock Atlas, “Arista Networks (ANET) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/ANET/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.
