---
schema_version: "secwatch.filing_event.v1"
accession: "0001596532-23-000272"
form_type: "8-K"
ticker: "ANET"
cik: "0001596532"
company_name: "Arista Networks, Inc."
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T06:00:19.062204+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Arista Q3 revenue $1.509B (+28.3% YoY); non-GAAP EPS $1.83; FY outlook raised to >33% growth

## Summary
- Revenue $1.509B (+28.3% YoY, +3.5% QoQ); GAAP EPS $1.72, non-GAAP EPS $1.83.
- GAAP gross margin 62.4%; non-GAAP gross margin 63.1%, both up YoY and QoQ.
- CFO says 2023 revenue growth outlook raised to >33% YoY (from prior guidance).
- Q4 2023 guidance: revenue $1.5B-$1.55B, non-GAAP gross margin ~63%, non-GAAP operating margin ~42%.
- Named by Spark as private telecom cloud networking provider; joined Ultra Ethernet Consortium for AI/HPC.

## SEC filing metadata
- accession: 0001596532-23-000272
- form_type: 8-K
- ticker: ANET
- cik: 0001596532
- company_name: Arista Networks, Inc.
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1596532/000159653223000272/0001596532-23-000272-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1596532/000159653223000272/anet-20231030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001596532-23-000272
- JSON: https://secwatch.observer/filing/0001596532-23-000272.json
- Plain text: https://secwatch.observer/filing/0001596532-23-000272.txt

## Key facts
- Earnings Releases
  Arista Networks, Inc. reported third quarter ended September 30, 2023 results: revenue $1.509 billion, net income $545.3 million, EPS $1.72 per diluted share.
  - Period: third quarter ended September 30, 2023
  - Revenue: $1.509 billion
  - Net income: $545.3 million
  - EPS: $1.72 per diluted share
  - Result: reported results
  source text: in the third quarter,” says Jayshree Ullal, President and CEO of Arista Networks. “Customer momentum remained strong in both enter prise and cloud/AI sectors.” • Revenue of $1.509 billion, an increase of 3.5% compared to the second quarter of 2023, and an increase of 28.3% from the third quarter of 2022. • GAAP gross margin of 62.4%, compared to GAAP gross margin
  evidence_url: https://www.sec.gov/Archives/edgar/data/1596532/000159653223000272/0001596532-23-000272-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.