| ANET |
Report |
Q2 Revenue |
BEAT |
pred ~$2.860B vs. cons $2.827B |
MEDIUM |
| ANET |
Report |
Q2 Non-GAAP EPS |
BEAT |
pred ~$0.900 vs. cons $0.883 |
MEDIUM |
| ANET |
Report |
Q2 Non-GAAP Gross Margin |
IN-LINE |
pred ~62.5% vs. cons 62.42% |
MEDIUM |
| ANET |
Guide |
Q3 Revenue (3Q26) |
BETTER |
guide ~$2.970B vs. cons $2.940B |
MEDIUM |
| ANET |
Guide |
Q3 Non-GAAP EPS (3Q26) |
UNCHANGED |
guide ~$0.920 vs. cons $0.915 |
MEDIUM |
| ANET |
Guide |
Q3 Non-GAAP Gross Margin (3Q26) |
UNCHANGED |
guide 62-63% vs. cons 62.68% |
MEDIUM |
| ANET |
Guide |
FY26 Revenue (FY26) |
UNCHANGED |
guide ~$11.5B vs. cons $11.600B |
MEDIUM |
| ANET |
Guide |
Demand / supply commentary (FY26) |
UNCHANGED |
reaffirm demand strength but supply-limited conversion |
LOW |
| ANET |
Return |
Day-1 residual (stock − beta × S&P 500) |
-6.0% |
— |
LOW |
| ANET |
Return |
5-day cumulative residual |
-3.0% (FOLLOW-THROUGH) |
FOLLOW-THROUGH — implicit Q4 cut drives revisions |
LOW |