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Arista Networks (ANET)
NYSE:ANET
Earnings Data
Report Date
Aug 04, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.65Last Year’s EPS
0.53Same Quarter Last Year
Strong Buy
Based on 13 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: 0.00%
|Next Earnings Date:Aug 04, 2025
Earnings Call Sentiment|Positive
Arista Networks demonstrated strong financial performance and growth, with record revenue and gross margin achievements, significant customer wins, and a strategic stock repurchase program. However, uncertainties related to tariffs, deferred revenue volatility, and inventory management pose notable challenges. The company remains cautious about future impacts from trade and macroeconomic factors.Company Guidance
During the first quarter of fiscal year 2025, Arista Networks reported its first $2 billion revenue quarter, driven by robust growth across sectors including generative AI, data center cloud, and campus enterprises. Software and service renewals constituted 17.1% of revenue. The company achieved a non-GAAP gross margin of 64.1%, influenced by efficient supply chain management and a favorable mix of enterprise and cloud customers. International revenues contributed 20%, with the Americas accounting for 80%. Arista's strategy includes a $750 million goal for AI infrastructure in 2025, supported by strong partnerships with cloud titans and emerging NeoCloud customers. The company is also expanding its presence in the federal sector, displacing incumbents with its campus switching solutions. Financially, Arista reported $2.005 billion in revenue for Q1, a 27.6% year-over-year increase, with net income of $826.2 million. The company repurchased $787.1 million in common stock and announced a new $1.5 billion stock repurchase program. Despite macroeconomic uncertainties, Arista maintains a positive outlook, aiming for $10 billion in revenue sooner than expected.Record-Breaking Revenue Achievement
Arista achieved its first $2 billion revenue quarter in Q1 2025, doubling revenue just 11 quarters after its first billion-dollar quarter. The revenue was up 27.6% year-over-year, surpassing the upper end of the guidance.
Strong Gross Margin Performance
Non-GAAP gross margin was 64.1%, influenced by an efficient supply chain and strong customer mix. This exceeded the guidance of approximately 63%.
Cloud and AI Momentum
Arista’s cloud and AI momentum continues with a confident goal of $750 million in AI back-end revenue for 2025. They are progressing well with major customers and plan to be the premier network for NVIDIA's GPU and AI accelerators.
International Revenue Growth
International revenues for Q1 were $406 million, or 20.3% of total revenue, up from 16% in the last quarter, showing strong international expansion.
Significant Stock Repurchase Program
Arista repurchased $787.1 million of common stock in Q1, the largest repurchase in its history, with an additional $100 million repurchased in April. A new $1.5 billion stock repurchase program was authorized.
Positive Customer Wins
Arista secured significant customer wins across federal, high-tech, and Web 3.0 sectors, indicating strong market penetration and customer trust.
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ANET Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ANET Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| May 06, 2025 | $90.77 | ― | ― |
| Feb 18, 2025 | $111.06 | $103.92 | -6.43% |
| Nov 07, 2024 | $107.76 | $100.11 | -7.10% |
| Jul 30, 2024 | $77.86 | $86.64 | +11.28% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Arista Networks (ANET) report earnings?
Arista Networks (ANET) is schdueled to report earning on Aug 04, 2025, TBA Not Confirmed.
What is Arista Networks (ANET) earnings time?
Arista Networks (ANET) earnings time is at Aug 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ANET EPS forecast?
ANET EPS forecast for the fiscal quarter 2025 (Q2) is 0.65.
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