Arista Networks, Inc. reported strong growth for the quarter ended June 30, 2026, with total revenue of $3,035.7 million, up 37.7% year over year, and net income of $1,212.9 million. For the first six months of 2026, revenue reached $5,744.7 million and net income $2,235.8 million.
Gross margin was 62.9% in the quarter, down from 65.2% a year earlier, reflecting a higher mix of large customers receiving greater discounts and supply-chain cost pressures. Cash, cash equivalents and marketable securities totaled about $13.3 billion, while deferred revenue reached $6,865.9 million and remaining performance obligations $8.4 billion, indicating substantial future revenue visibility. The company also disclosed $9.7 billion of non‑cancellable purchase commitments as it ramps capacity for AI and cloud networking demand, and generated $2,776.5 million of operating cash flow in the first half of 2026.
Arista Networks reported strong second-quarter 2026 results, with revenue of $3.036 billion, up 12.1% from the first quarter of 2026 and 37.7% from the second quarter of 2025. GAAP operating margin was 45.4% and non-GAAP operating margin 49.9%, indicating very high profitability.
GAAP diluted EPS was $0.95 and non-GAAP diluted EPS $1.02, with non-GAAP EPS growing 40% year over year. Net income was $1,212.9 million. Cash and cash equivalents totaled $2,290.2 million and marketable securities $11,053.1 million as of June 30, 2026, while operating cash flow for the first half reached $2,776.5 million.
For the third quarter of 2026, Arista expects revenue of approximately $3.3 billion, non-GAAP operating margin of 48 - 49%, and non-GAAP diluted EPS between $1.06 and $1.08.
ANET has a notice of proposed sale of 8,000 common shares to be effected through J.P. Morgan Securities LLC on or after 08/03/2026, with the shares listed on the NYSE. The filing links these shares to prior acquisitions by Charlie Giancarlo, including a stock option exercise for 5,464 shares dated 03/12/2014 and several RSU grants of 848, 844 and 844 shares dated 11/20/2024, 02/20/2025 and 05/20/2025. It also reports that The Giancarlo Family Trust UAD 11/02/98 sold 8,000 shares of common stock on 06/01/2026 for 1,352,727 and another 8,000 shares on 07/01/2026 for 1,336,474.
Arista Networks, Inc. president and CTO Kenneth Duda reported exercising 17,333 stock options at $15.2769 per share and, on the same date, Rule 10b5-1 plan trades that sold 43,333 common shares across direct holdings, a children’s trust and a 501(c) foundation. Following the option exercise, 13,334 options under that grant remained outstanding, and additional entries show large indirect positions held in annuity and family trusts, with a children’s trust position reported where he shares voting and investment control but disclaims beneficial ownership.
A family trust for Andreas Bechtolsheim, a more than 10% owner of Arista Networks, Inc., sold 300,000 shares of common stock on July 14, 2026 in ten open-market transactions at weighted-average prices between $175.69 and $185.4375 per share pursuant to a Rule 10b5-1 trading plan entered on February 20, 2026.
After these sales, Bechtolsheim holds 111,848.0000 shares directly and 182,016,283.0000 shares indirectly through the family trust.
Arista Networks, Inc. CEO and Chairperson Jayshree Ullal reported indirect open-market sales totaling 234,578 shares of Common Stock on July 10, 2026 at a weighted average price of $187.1756 per share. The shares were sold by family trusts for her children and other relatives, where she serves as trustee or co-trustee and in some cases disclaims beneficial ownership, under a Rule 10b5-1 trading plan adopted on November 14, 2025. Following the transactions, one family trust held 17,155,010 shares and each of two children’s trusts held 5,134,207 shares, with additional smaller positions of 30,000-share trusts for a niece and nephew and 9,917 shares held directly.
A shareholder associated with Andreas Bechtolsheim proposes to sell up to 300,000 ANET common shares through Goldman Sachs & Co. LLC on or about July 14, 2026. The proposed sale has an aggregate market value of 54,771,000, and the notice lists 1,259,202,593 common shares outstanding.
The 300,000 shares were originally acquired on January 21, 2011 from another shareholder in a private cash transaction. The Bechtolsheim Family Trust and Andreas Bechtolsheim have also sold multiple ANET common stock blocks during the prior three months, including 100,000-share trades on May 22, June 4, June 15, July 1 and July 2, 2026, with individual gross proceeds such as 15,044,090 and 16,138,560.
Family and relatives’ trusts associated with Arista Networks, Inc. CEO and Chairperson Jayshree Ullal sold an aggregate of 242,422 shares of common stock on July 9, 2026 in open-market transactions at weighted average prices including $189.1767 per share, under a Rule 10b5-1 trading plan adopted on November 14, 2025. The shares are held in various trusts for the benefit of relatives and children, where Ullal serves as trustee or co-trustee and in several cases disclaims beneficial ownership, and substantial indirect trust holdings, including 17,429,659 and 5,197,202 shares, remain after these sales.
A shareholder of Arista Networks, Inc. has filed a notice to sell common stock through Fidelity Brokerage Services LLC on the NYSE. The securities section lists a planned sale of common stock associated with a proposed sale date of 07/10/2026.
The filing also details multiple prior sales of Arista Networks common stock by Jayshree Ullal during the previous three months, including individual transactions in April, May, and July 2026, each with specific share counts and corresponding proceeds figures.
Jayshree Ullal reported proposed sales of Common Stock via a Form 144 filing. The filing lists multiple transactions and prior sales of Common Stock in April–May 2026, including proposed or reported sales of 112,812 shares on 04/13/2026, 350,000 shares on 04/16/2026, and 306,139 shares on 04/20/2026. The entries show gross proceeds for each sale in USD.