| ANET |
Report |
Q2 2026 revenue |
BEAT |
pred ~$2.87B vs. cons $2.828B |
MEDIUM |
| ANET |
Report |
Q2 2026 non-GAAP diluted EPS |
BEAT |
pred ~$0.91 vs. cons $0.89 |
MEDIUM |
| ANET |
Report |
Q2 2026 non-GAAP gross margin |
IN-LINE |
pred ~62.4% vs. cons 62.5% |
MEDIUM |
| ANET |
Guide |
Q3 2026 revenue guidance |
BETTER |
guide ~$3.00B vs. cons $2.94B (Q3 2026) |
MEDIUM |
| ANET |
Guide |
Q3 2026 non-GAAP diluted EPS guidance |
BETTER |
guide ~$0.92 vs. cons $0.91 (Q3 2026) |
LOW |
| ANET |
Guide |
Q3 2026 non-GAAP gross-margin guidance |
UNCHANGED |
guide ~62.0%-63.0% vs. cons 62.5% (Q3 2026) |
MEDIUM |
| ANET |
Guide |
Full-year revenue guidance |
BETTER |
guide ~$11.75B vs. cons $11.62B (FY 2026) |
MEDIUM |
| ANET |
Guide |
AI fabric revenue target |
BETTER |
guide ~$3.75B vs. prior/cons $3.50B (FY 2026) |
LOW |
| ANET |
Return |
Day-1 residual (stock − beta × S&P 500) |
+3.5% |
— |
MEDIUM |
| ANET |
Return |
5-day cumulative residual |
+4.5% (FOLLOW-THROUGH) |
A ~$2.87B Q2 result plus ~$3.00B Q3 guide and ~$11.75B FY guide implies roughly $3.17B of Q4 revenue versus an approximately $3.14B consensus run-rate, supporting modest positive out-period revisions; the follow-through is constrained by the pre-earnings run-up and continued 62%-63% gross-margin pressure. |
MEDIUM |