ANET Latest Quarter's Earnings
| Announce Date | 11/04/2025 |
| EPS Normalized Actual | $0.75 (Beat by $0.032) |
| EPS GAAP Actual | $0.75 (Beat by $0.032) |
| Revenue Actual | $2.3083B |
| Revenue Surprise | Beat by $2308.3M |
Upcoming Quarter's Earnings
| Announce Date | 03/30/2026 (Pre-Market) |
| EPS Normalized Estimate | $2.2594 |
| EPS GAAP Estimate | $2.2594 |
| Revenue Estimate | $2.017353231B |
Annual EPS Estimate
| Fiscal Period Ending | EPS Estimate | Forward PE | Low | High | # of Analysts |
|---|---|---|---|---|---|
| Dec 2029 | 5.99 | 23.97 | 5.76065 | 6.43804 | 1 |
| Dec 2028 | 4.60334 | 31.19 | 4.43029 | 4.95115 | 5 |
Quarterly EPS History
| Period | EPS | Beat / Miss | Revenue | YoY | Beat / Miss |
|---|---|---|---|---|---|
| FQ3 2025 (Sep 2025) | 0.68 | 0.68 | 2.3083B | 21.55% | 2308.3M |
| FQ2 2025 (Jun 2025) | 0.71 | 0.71 | 2.2048B | 23.33% | 2204.8M |
| FQ1 2025 (Mar 2025) | 0.65 | 0.65 | 2.0048B | 21.62% | 2004.8M |
| FQ4 2024 (Dec 2024) | 0.64 | 0.64 | 1.93044B | 20.2% | 1930.44M |
| FQ3 2024 (Sep 2024) | 2.38 | 2.38 | 1.81094B | 16.65% | 1810.94M |
| FQ4 2012 (Dec 2012) | 0.028 | 0.028 | 0.057341B | 100% | 57.34M |
| FQ2 2024 (Jun 2024) | 2.12 | 2.12 | 1.6904B | 13.69% | 1690.4M |
| FQ1 2024 (Mar 2024) | 2.04 | 2.04 | 1.57137B | 14% | 1571.37M |
Quarterly Estimates Summary
FQ4 Announce Date
03/30/2026 (Pre-Market)
Consensus EPS Estimates
2.2594
Consensus Revenue Estimates
2.017353231B
Consensus EPS Estimates
| Fiscal Period Ending | EPS Estimate | YoY Growth(%) | Low | High | # of Analysts |
|---|---|---|---|---|---|
| FQ4 2028 (Dec 2028) | 1.2 | -- | 1.15058 | 1.27015 | 6 |
| FQ3 2028 (Sep 2028) | 1.16 | -- | 1.11222 | 1.22781 | 6 |
| FQ2 2028 (Jun 2028) | 1.1 | -- | 1.05469 | 1.16431 | 6 |
| FQ1 2028 (Mar 2028) | 1.05 | -- | 1.00675 | 1.11138 | 6 |
| FQ4 2027 (Dec 2027) | 1.02168 | -- | 0.99395 | 1.05648 | 5 |
| FQ3 2027 (Sep 2027) | 0.87852 | -- | 0.84591 | 0.93125 | 6 |
| FQ2 2027 (Jun 2027) | 0.83377 | -- | 0.80282 | 0.88382 | 6 |
| FQ1 2027 (Mar 2027) | 0.79543 | -- | 0.7659 | 0.84318 | 6 |
| FQ4 2026 (Oct 2026) | 2.53392 | -- | 2.4618 | 2.68052 | 6 |
| FQ3 2026 (Jul 2026) | 2.49628 | 72.76 | 2.42523 | 2.6407 | 11 |
| FQ2 2026 (Jun 2026) | 2.35131 | 69.8 | 2.28717 | 2.47389 | 11 |
| FQ1 2026 (Mar 2026) | 2.2594 | 71.23 | 2.19776 | 2.37719 | 6 |
Consensus Revenue Estimates
| Fiscal Period Ending | Revenue Estimate | YoY Growth(%) | Low | High | # of Analysts |
|---|---|---|---|---|---|
| FQ4 2028 (Dec 2028) | 3.82B | -- | 3.7B | 3.99B | 4 |
| FQ3 2028 (Sep 2028) | 3.72B | -- | 3.6B | 3.88B | 9 |
| FQ2 2028 (Jun 2028) | 3.58B | -- | 3.47B | 3.74B | 6 |
| FQ1 2028 (Mar 2028) | 3.4B | -- | 3.29B | 3.55B | 4 |
| FQ4 2027 (Dec 2027) | 3.05B | -- | 2.99B | 3.13B | 6 |
| FQ3 2027 (Sep 2027) | 2.72B | -- | 2.64B | 2.84B | 8 |
| FQ2 2027 (Jun 2027) | 2.62B | -- | 2.55B | 2.74B | 7 |
| FQ1 2027 (Mar 2027) | 2.49B | -- | 2.42B | 2.6B | 10 |
| FQ4 2026 (Oct 2026) | 2.2B | -- | 2.15B | 2.29B | 6 |
| FQ3 2026 (Jul 2026) | 2.12B | -8.83 | 2.07B | 2.22B | 6 |
| FQ2 2026 (Jun 2026) | 2.09B | -5.57 | 2.04B | 2.17B | 12 |
| FQ1 2026 (Mar 2026) | 2.02B | 0.62 | 1.98B | 2.1B | 7 |
Quarterly Estimates Revisions
EPS # of Up Revisions
4
EPS # of Down Revisions
4
Revenue # of Up Revisions
6
Revenue # of Down Revisions
3
Consensus EPS Revision Trend
| Fiscal Period Ending | EPS Estimate | YoY Growth | Low | High | # of Analysts |
|---|---|---|---|---|---|
| FQ4 2021 (Dec 2021) | 0.41 | -12.52% | 0.39 | 0.48 | 20 |
| FQ1 2022 (Mar 2022) | 0.59 | 6.89% | 0.55 | 0.62 | 15 |
| FQ2 2022 (Jun 2022) | 0.70 | 2.62% | 0.61 | 0.74 | 15 |
| FQ3 2022 (Sep 2022) | 0.68 | 4.62% | 0.65 | 0.70 | 15 |
Consensus Revenue Revision Trend
| Fiscal Period Ending | EPS Estimate | YoY Growth | Low | High | # of Analysts |
|---|---|---|---|---|---|
| FQ4 2021 (Dec 2021) | 0.41 | -12.52% | 0.39 | 0.48 | 20 |
| FQ1 2022 (Mar 2022) | 0.59 | 6.89% | 0.55 | 0.62 | 15 |
| FQ2 2022 (Jun 2022) | 0.70 | 2.62% | 0.61 | 0.74 | 15 |
| FQ3 2022 (Sep 2022) | 0.68 | 4.62% | 0.65 | 0.70 | 15 |
Earnings Surprise Summary
EPS # of Beats
8
EPS # of Misses
0
EPS # of in-lines
0
Revenue # of Beats
8
Revenue # of Misses
0
Revenue # of in-lines
0
Earnings Surprise (EPS) - Actual vs Consensus
| Earnings Date | EPS Estimate | EPS Actual | Surprise | Surprise % |
|---|---|---|---|---|
| FQ3 2025 (Sep 2025) | 0.68 | 0.68 | 100% | |
| FQ2 2025 (Jun 2025) | 0.71 | 0.71 | 100% | |
| FQ1 2025 (Mar 2025) | 0.65 | 0.65 | 100% | |
| FQ4 2024 (Dec 2024) | 0.64 | 0.64 | 100% | |
| FQ3 2024 (Sep 2024) | 2.38 | 2.38 | 100% | |
| FQ4 2012 (Dec 2012) | 0.028 | 0.028 | 100% | |
| FQ2 2024 (Jun 2024) | 2.12 | 2.12 | 100% | |
| FQ1 2024 (Mar 2024) | 2.04 | 2.04 | 100% |
Revenue Surprise - Actual vs Consensus
| Earnings Date | Revenue Estimate | Revenue Actual | Surprise | Surprise % |
|---|---|---|---|---|
| FQ3 2025 (Sep 2025) | $0B | $2.31B | $2308.3M | 100% |
| FQ2 2025 (Jun 2025) | $0B | $2.2B | $2204.8M | 100% |
| FQ1 2025 (Mar 2025) | $0B | $2B | $2004.8M | 100% |
| FQ4 2024 (Dec 2024) | $0B | $1.93B | $1930.44M | 100% |
| FQ3 2024 (Sep 2024) | $0B | $1.81B | $1810.94M | 100% |
| FQ4 2012 (Dec 2012) | $0B | $0.06B | $57.34M | 100% |
| FQ2 2024 (Jun 2024) | $0B | $1.69B | $1690.4M | 100% |
| FQ1 2024 (Mar 2024) | $0B | $1.57B | $1571.37M | 100% |
ANET Ratings Summary
ANET Quant Ranking
