Arista Networks, Inc. (ANET)

Arista Networks beat expectations on both the top and bottom line in the second fiscal quarter of 2026, reporting preliminary results on Aug. 4, 2026. Revenue rose 37.7% to about $3.0 billion, above the $2.83 billion consensus by 7.3%, while adjusted EPS of $1.02 topped the $0.89 estimate by 15.1% and was up from $0.73 a year ago. Net income climbed 36.5% to about $1.2 billion from $888.8 million a year earlier, with gross margin near 62.9% and operating margin about 45.4% as the company kept profitability elevated alongside the higher sales base. Operating cash flow came in at about $2.8 billion. For the next period, consensus for the next period calls for EPS of $0.89 on revenue of $2.99 billion.