Arista Networks delivered a robust second quarter in 2025, with total revenue reaching $2.205 billion, marking a 30.4% increase year-over-year. The company achieved GAAP net income of $888.8 million and non-GAAP net income of $923.5 million, with non-GAAP operating income exceeding $1 billion for the first time, driven by strong customer demand and efficient scaling.
Arista Networks delivered a robust Q1 2025, achieving over $2 billion in revenue for the first time, with substantial net income and operating margins supported by AI and enterprise demand.
Arista Networks delivered strong financial performance in Q4 2024, exceeding guidance with a 25.3% YoY revenue increase and solid profitability. Growth was driven by continued demand in AI networking and enterprise expansion.
Arista Networks reported a strong third quarter with revenue of $1.811 billion, a 20.0% increase year-over-year. GAAP net income was $747.9 million, or $2.33 per diluted share, compared to $545.3 million, or $1.72 per diluted share in the third quarter of 2023.
Arista Networks reported a strong second quarter in 2024, with revenue reaching $1.690 billion, a 15.9% increase from the second quarter of 2023. The company's GAAP net income was $665.4 million, or $2.08 per diluted share, compared to $491.9 million, or $1.55 per diluted share, in the same quarter last year.
Arista Networks reported a revenue of $1.571 billion for Q1 2024, representing a 16.3% increase year-over-year. The company's GAAP net income was $637.7 million, or $1.99 per diluted share. The Board of Directors authorized an additional $1.2B stock repurchase program.
Arista Networks reported Q4 2023 revenue of $1.54 billion, a 20.8% increase year-over-year. GAAP net income was $613.6 million, or $1.92 per diluted share, compared to $427.1 million, or $1.35 per diluted share, in Q4 2022. Non-GAAP net income was $664.3 million, or $2.08 per diluted share, compared to $445.1 million, or $1.41 per diluted share, in the fourth quarter of 2022.
Arista Networks reported strong financial results for the third quarter of 2023, with revenue of $1.509 billion, a 28.3% increase year-over-year. GAAP net income was $545.3 million, or $1.72 per diluted share, while non-GAAP net income was $581.4 million, or $1.83 per diluted share.
Arista Networks reported record revenue of $1.459 billion for Q2 2023, representing a 38.7% increase year-over-year. The company's GAAP net income was $491.9 million, or $1.55 per diluted share, compared to $299.1 million, or $0.94 per diluted share, in the second quarter of 2022.
Arista Networks reported a strong first quarter in 2023, with revenue reaching $1.351 billion, a 54.1% increase year-over-year. The company's GAAP net income was $436.5 million, or $1.38 per diluted share, while non-GAAP net income was $452.5 million, or $1.43 per diluted share.
Arista Networks reported Q4 2022 revenue of $1,275.6 million, a 54.7% increase from Q4 2021. GAAP net income was $427.1 million, or $1.35 per diluted share, compared to $239.3 million, or $0.75 per diluted share, in Q4 2021. Non-GAAP net income was $445.1 million, or $1.41 per diluted share, compared to $262.4 million, or $0.82 per diluted share, in Q4 2021.
Arista Networks reported strong Q3 2022 financial results, with revenue of $1.177 billion, a 57.2% increase year-over-year. The company's GAAP net income was $354.0 million, or $1.13 per diluted share, while non-GAAP net income was $391.9 million, or $1.25 per diluted share.
Arista Networks reported a record revenue of $1.052 billion for Q2 2022, a 48.7% increase year-over-year, with a GAAP net income of $299.1 million, or $0.94 per diluted share, despite supply chain challenges.
Arista Networks reported a strong first quarter in 2022, with revenue of $877.1 million, a 31.4% increase from Q1 2021. The company's enterprise business continued to grow, and there was robust next-generation product qualification and deployment activity with cloud customers.
Arista Networks reported a strong fourth quarter and full year 2021, with revenue increasing by 27.1% compared to the fourth quarter of 2020. The company's GAAP net income also increased from $183.0 million to $239.3 million.
Arista Networks reported a strong third quarter in 2021, with revenue of $748.7 million, representing a 23.7% increase year-over-year. The company's GAAP net income was $224.3 million, or $2.81 per diluted share, while non-GAAP net income was $236.9 million, or $2.96 per diluted share. The results exceeded expectations across key financial metrics despite a difficult supply environment.
Arista Networks reported a strong second quarter with revenue of $707.3 million, a 30.8% increase year-over-year. GAAP net income was $196.9 million, or $2.47 per diluted share, while non-GAAP net income was $216.8 million, or $2.72 per diluted share.
Arista Networks reported a strong first quarter in 2021, with revenue of $667.6 million, a 27.6% increase from Q1 2020. The company's focus on cognitive cloud networking solutions drove healthy demand across all market and product sectors.
Arista Networks reported Q4 2020 revenue of $648.5 million, a 17.4% increase from Q4 2019. GAAP net income was $183.0 million, or $2.31 per diluted share, while non-GAAP net income was $197.7 million, or $2.49 per diluted share.
Arista Networks reported Q3 2020 revenue of $605.4 million, a decrease of 7.5% from Q3 2019. GAAP net income was $168.4 million, or $2.12 per diluted share, compared to $208.9 million, or $2.59 per diluted share in Q3 2019.