Arista Networks, Inc. (ANET) Q2 FY2026 8-K Filings and Company Events

Filings that contain financial statements

The following Form 8-K exhibits (Exhibit 99.1 earnings press releases) contain full condensed consolidated financial statement tables -- income statement, balance sheet, and cash flow statement, plus GAAP-to-non-GAAP reconciliations:

• Q2 2024 (quarter ended June 30, 2024): accession 0001596532-24-000277, filed July 30, 2024
• Q3 2024 (quarter ended September 30, 2024): accession 0001596532-24-000366, filed November 7, 2024
• Q4 and full-year 2024 (quarter/year ended December 31, 2024): accession 0001596532-25-000018, filed February 18, 2025
• Q1 2025 (quarter ended March 31, 2025): accession 0001596532-25-000103, filed May 6, 2025
• Q2 2025 (quarter ended June 30, 2025): accession 0001596532-25-000214, filed August 5, 2025
• Q3 2025 (quarter ended September 30, 2025): accession 0001596532-25-000284, filed November 4, 2025
• Q4 and full-year 2025 (quarter/year ended December 31, 2025): accession 0001596532-26-000010, filed February 12, 2026
• Q1 2026 (quarter ended March 31, 2026): accession 0001596532-26-000074, filed May 5, 2026
• Q2 2026 (quarter ended June 30, 2026): accession 0001596532-26-000174, filed August 4, 2026

Earnings and guidance

Arista's revenue has compounded through this period, moving from roughly $1.69 billion in Q2 2024 to $3.04 billion in Q2 2026, with the company crediting AI-networking demand across its "client-to-cloud" and "centers of data" strategy.

• Q2 2024 (accession 0001596532-24-000277, filed July 30, 2024): Revenue of $1.690 billion (+15.9% year over year); GAAP net income $665.4 million ($2.08 diluted EPS, pre-split as-reported; $0.52 split-adjusted); non-GAAP net income $672.6 million ($2.10 diluted EPS, pre-split as-reported; $0.53 split-adjusted). Guided Q3 2024 revenue to $1.72-$1.75 billion.
• Q3 2024 (accession 0001596532-24-000366, filed November 7, 2024): Revenue of $1.811 billion (+20.0% year over year); GAAP net income $747.9 million ($2.33 diluted EPS, pre-split as-reported; $0.58 split-adjusted). Guided Q4 2024 revenue to $1.85-$1.90 billion. The company also announced a four-for-one forward stock split (see Capital actions below).
• Q4 and full-year 2024 (accession 0001596532-25-000018, filed February 18, 2025): Full-year 2024 revenue of $7.003 billion (+19.5% year over year); full-year GAAP net income $2.852 billion ($2.23 diluted EPS, split-adjusted). Q4 2024 revenue of $1.930 billion (+25.3% year over year).
• Q1 2025 (accession 0001596532-25-000103, filed May 6, 2025): Revenue of $2.005 billion, surpassing $2 billion for the first time (+27.6% year over year); GAAP net income $813.8 million ($0.64 diluted EPS). Guided Q2 2025 revenue to approximately $2.1 billion. The board also authorized an additional $1.5 billion share repurchase program (see Capital actions below).
• Q2 2025 (accession 0001596532-25-000214, filed August 5, 2025): Revenue of $2.205 billion (+30.4% year over year); GAAP net income $888.8 million ($0.70 diluted EPS); non-GAAP operating income crossed $1 billion for the first time. Guided Q3 2025 revenue to approximately $2.25 billion.
• Q3 2025 (accession 0001596532-25-000284, filed November 4, 2025): Revenue of $2.308 billion (+27.5% year over year); GAAP net income $853.0 million ($0.67 diluted EPS); non-GAAP diluted EPS $0.75. Guided Q4 2025 revenue to $2.3-$2.4 billion.
• Q4 and full-year 2025 (accession 0001596532-26-000010, filed February 12, 2026): Full-year 2025 revenue of $9.006 billion (+28.6% year over year); full-year GAAP net income $3.511 billion ($2.75 diluted EPS). Q4 2025 revenue of $2.488 billion (+28.9% year over year); GAAP net income of $955.8 million ($0.75 diluted EPS). The company's stated milestone -- its first quarter surpassing $1 billion in net income -- was on a non-GAAP basis: non-GAAP net income of $1.047 billion ($0.82 non-GAAP diluted EPS), on a 47.5% non-GAAP operating margin.
• Q1 2026 (accession 0001596532-26-000074, filed May 5, 2026): Revenue of $2.709 billion (+35.1% year over year); operating cash flow of $1.69 billion; GAAP diluted EPS $0.80, non-GAAP diluted EPS $0.87. Guided Q2 2026 revenue to approximately $2.8 billion.
• Q2 2026 (accession 0001596532-26-000174, filed August 4, 2026): Revenue of $3.036 billion, its first quarter above $3 billion (+37.7% year over year); GAAP diluted EPS $0.95, non-GAAP diluted EPS $1.02 (non-GAAP EPS up 40% year over year). Guided Q3 2026 revenue to approximately $3.3 billion, with non-GAAP operating margin of 48-49% and non-GAAP diluted EPS of $1.06-$1.08.

No quarter in this period carried a guidance cut; each release either met or raised the sequential outlook implied by the prior quarter's guide, and management commentary throughout describes accelerating AI-networking demand.

Capital actions

• Four-for-one forward stock split: Announced November 7, 2024 alongside Q3 2024 earnings (accession 0001596532-24-000366). The certificate-of-incorporation amendment effecting the split, and proportionately increasing authorized common shares from 1,000,000,000 to 4,000,000,000, was filed with the Delaware Secretary of State and became effective at 4:30 p.m. Eastern time on December 3, 2024 (accession 0001596532-24-000402). Existing stockholders received three additional shares for each share held; trading began on a split-adjusted basis December 4, 2024.
• Additional $1.5 billion share repurchase authorization: Announced with Q1 2025 results on May 6, 2025 (accession 0001596532-25-000103). The company noted it had completed $787 million of repurchases in Q1 2025, the highest quarterly and annual repurchase level in its history to that point.

Mergers and acquisitions

• VeloCloud SD-WAN portfolio acquired from Broadcom: Disclosed as a completed acquisition in the Q2 2025 earnings release (accession 0001596532-25-000214, filed August 5, 2025), which stated Arista "Acquired the VeloCloud® SD-WAN Portfolio from Broadcom," describing it as complementary to Arista's existing CloudEOS routing stack and 7000-series WAN routers. Note 4 (Acquisition) of the Q2 FY2026 10-Q (accession 0001596532-26-000175) discloses the economics: "On June 30, 2025, we completed the acquisition of the VeloCloud business (\"VeloCloud\") from Broadcom for total cash consideration of $300.0 million." No 8-K in the record carries an Item 2.01 disclosure with these terms; the price and closing date are only found in the periodic-report note.

Board, management, and governance

• New independent director -- Greg Lavender: Effective March 14, 2025, the board expanded to nine members and appointed Greg Lavender, Intel's Chief Technology Officer, as an independent Class III director and Audit Committee member (accession 0001596532-25-000077, filed March 17, 2025). The same filing disclosed that John McCool stepped down as Chief Platform Officer and SVP of Engineering and Operations, effective April 7, 2025, remaining as a senior advisor to the CEO; the filing stated the departure was not the result of any disagreement with the company.
• Todd Nightingale appointed President and Chief Operating Officer: Effective June 13, 2025, joining on or about July 1, 2025, with a $350,000 base salary, $30 million in time-based RSUs, and $2 million in performance-based RSUs; a standard severance agreement provides 12 months of salary continuation and accelerated vesting on a qualifying termination (accession 0001596532-25-000170, filed June 16, 2025).
• Kenneth Duda appointed President and Chief Technology Officer: Effective September 5, 2025, expanding the role of the company's co-founder and then-CTO to include cloud and AI systems engineering and business development; Tyson Lamoreaux was separately appointed SVP of Cloud and AI Networking. The same filing disclosed bylaw amendments allowing more than one individual to hold the President title and updating the forum-selection provision for derivative and fiduciary-duty claims in line with recent Delaware General Corporation Law amendments (accession 0001596532-25-000258, filed September 8, 2025).
• Annual stockholder meetings: At the May 30, 2025 annual meeting, stockholders elected three Class II directors (Charles Giancarlo, Daniel Scheinman, Yvonne Wassenaar) and approved executive compensation on an advisory basis (613,624,231 for vs. 374,475,398 against vs. 7,939,750 abstained), and ratified Ernst & Young LLP as auditor (accession 0001596532-25-000148). Charles Giancarlo drew the heaviest opposition among the three director nominees, with 339,910,654 withheld votes against 656,128,725 for. At the May 29, 2026 annual meeting, stockholders elected three Class III directors (Lewis Chew, Greg Lavender, Mark B. Templeton) and approved executive compensation on an advisory basis (624,907,669 for vs. 410,157,079 against vs. 862,319 abstained -- roughly 40% of votes cast against), and again ratified Ernst & Young LLP as auditor (accession 0001596532-26-000118). Mark B. Templeton drew the heaviest opposition among the three director nominees, with 380,564,767 withheld votes against 655,362,300 for.

Not reflected as a separate current-events filing

No 8-K in this window discloses an impairment, restructuring, dividend initiation, debt issuance/redemption, or legal/regulatory settlement; none of the filings reviewed flagged going-concern or covenant issues.