ANET Arista Networks, Inc.

BULLISH Impact: 8/10 8-K
Horizon days Filed May 5, 2026 Processed 1mo ago SEC 0001596532-26-000074
8-K Item 2.02: Earnings release
Latest settled — T+20d
ANET ▲ +18.57% at T+20d
LONG call ✓ call won +18.57% · α vs SPY +15.79% · entry $147.06 → $174.37
Next anchor: T+60d in 7w
Currently $163.24 · +11.00% from $147.06 entry
Entry anchored
May 5, 2026
via day open
T+1d
-3.61%
call -3.61% · α -3.28%
$141.75
settled 5w ago
T+5d
-3.07%
call -3.07% · α -4.20%
$142.54
settled 5w ago
T+20d
+18.57%
call +18.57% · α +15.79%
$174.37
settled 10d ago
T+60d
call — · α —
in 7w

Price Chart

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Executive Summary

Arista Networks reported Q1 2026 revenue of $2.709B (+35.1% YoY) and GAAP EPS of $0.80, beating consensus of $0.72 by 11%. The company guided Q2 2026 revenue to ~$2.8B and non-GAAP EPS of ~$0.88, signaling sustained momentum in AI networking.

Key Financial Metrics

Guidance
approximately $2.8 billion
initiated
Gross Margin
61.9%

Actionable Insight

Strong quarter with accelerating revenue growth and raised guidance suggests continued AI networking tailwinds. Monitor for potential tariff/supply chain impacts and next quarter's deferred revenue trends for visibility.

Key Facts

  • Q1 2026 revenue $2.709B, +35.1% YoY
  • GAAP diluted EPS $0.80 vs consensus $0.72 (beat 11%)
  • Non-GAAP diluted EPS $0.87
  • Operating cash flow $1.69B
  • Q2 2026 guidance: revenue ~$2.8B, non-GAAP EPS ~$0.88
  • GAAP operating margin 42.7%, non-GAAP 47.8%

Financial Impact

Revenue beat undisclosed consensus by ~3.4% ($2.709B vs estimated $2.62B for prior quarter; Q1 consensus not provided); EPS beat consensus $0.72 by 11.1%

revenueepsoperating margincash flow

Risk Factors

  • Dependence on single merchant silicon vendor
  • Exposure to U.S.-China trade tensions and tariffs
  • Supply chain constraints for key components

Market Snapshot

Exchange
NYSE
Sector
Computer Communications Equipment
Analyst Consensus
91% bullish (34 analysts)

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001596532-26-000074
Document: anet-20260505.htm0001596532-26-000074
Document: 0001596532-26-000074-index-headers.html0001596532-26-000074
Document: 0001596532-26-000074-index.html0001596532-26-000074
Document: 0001596532-26-000074.txt0001596532-26-000074
8-K Data (Synthetic)0001596532-26-000074
20 reports for ANET
Performance horizon
100% Hit rate 4 of 4 directional calls best @ T+20▲ +11.62%Apr 14, 2026
Filters
Rows
Reports for ANET — sortable, filterable
Type Now
Jun 9, 2026
3d ago
Insider Cluster
NEUTRAL ★ 2/10
$152.53 awaiting T+1awaiting T+1$163.24 (+7.02%)
Jun 8, 2026
4d ago
Insider Cluster
NEUTRAL ★ 2/10
$156.99 awaiting T+1awaiting T+1$163.24 (+3.98%)
Jun 5, 2026
7d ago
144
NEUTRAL ★ 3/10
$153.06 awaiting T+1awaiting T+1$163.24 (+6.65%)
Jun 4, 2026
8d ago
144
NEUTRAL ★ 4/10
$159.46 awaiting T+1awaiting T+1$163.24 (+2.37%)
Jun 3, 2026
9d ago
Insider Cluster
NEUTRAL ★ 3/10
$166.01 $154.27▼ −7.07%▼ −4.47%$163.24 (−1.67%)
May 28, 2026
15d ago
Insider Cluster
NEUTRAL ★ 2/10
$159.47 $170.68▲ +7.03%▲ +6.77%$163.24 (+2.36%)
May 28, 2026
15d ago
Insider Cluster
NEUTRAL ★ 3/10
$159.47 $170.68▲ +7.03%▲ +6.77%$163.24 (+2.36%)
May 27, 2026
16d ago
Insider Cluster
NEUTRAL ★ 3/10
$155.27 $159.47▲ +2.71%▲ +2.47%$163.24 (+5.13%)
May 26, 2026
17d ago
Insider Cluster
NEUTRAL ★ 2/10
$154.31 $155.27▲ +0.62%▲ +0.07%$163.24 (+5.79%)
May 26, 2026
17d ago
144
NEUTRAL ★ 4/10
$154.31 $155.27▲ +0.62%▲ +0.07%$163.24 (+5.79%)
Showing 10 of 20

US Market Status

Market Closed — Opens Mon (48h 46m)

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