Arista Networks Inc. (NYSE: ANET), an industry leader in data-driven, client-to-cloud networking for large AI, data center, campus and routing environments, announced financial results for its second quarter Tuesday. The firm's quarter ended June 30.
“Arista is well-positioned in data-driven AI networking, from client to cloud," said Jayshree Ullal, chairperson and CEO of Arista Networks. “Our customers are decisively standardizing on our best of breed platform to bring transformational innovation and impact to their technology endeavors.”
Second quarter financial highlights:
- Revenue of $2.205 billion, an increase of 10.0% compared to the first quarter of 2025, and an increase of 30.4% from the second quarter of 2024.
- GAAP gross margin of 65.2%, compared to GAAP gross margin of 63.7% in the first quarter of 2025 and 64.9% in the second quarter of 2024.
- Non-GAAP gross margin of 65.6%, compared to non-GAAP gross margin of 64.1% in the first quarter of 2025 and 65.4% in the second quarter of 2024.
- GAAP net income of $888.8 million, or $0.70 per diluted share, compared to GAAP net income of $665.4 million, or $0.52 per diluted share in the second quarter of 2024.
- Non-GAAP net income of $923.5 million, or $0.73 per diluted share, compared to non-GAAP net income of $672.6 million, or $0.53 per diluted share in the second quarter of 2024.
Commenting on the company's financial results, Chantelle Breithaupt, Arista’s CFO, said, "Non-GAAP operating income crossed $1 billion for the first time at Arista, highlighting the strength of our business model and the momentum of customer demand across our portfolio. Our ability to scale efficiently while maintaining financial discipline continues to deliver value for our shareholders."
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