Arista Q1 revenue $2.005B (+27.6% YoY), GAAP EPS $0.64; $1.5B buyback authorized

Arista Networks, Inc.

2025-Q1 EPS reported $0.64 revenue$2,004,800,000

Revenue $2.005B (+27.6% YoY, +3.9% QoQ); GAAP net income $813.8M, diluted EPS $0.64.
Non-GAAP net income $826.2M, diluted EPS $0.65; non-GAAP gross margin 64.1%.
Q2 guidance: revenue ~$2.1B, non-GAAP gross margin ~63%, non-GAAP operating margin ~46%.
Board authorized an additional $1.5B stock repurchase program; Q1 repurchases of $787M (highest ever).
General Counsel Marc Taxay resigning eff. May 7; Deputy GC Sean Christofferson promoted to GC eff. May 8.

item 2.02 item 9.01 item 5.02 item 8.01

Executive movements

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Departed

Marc Taxay

General Counsel

ANET · Arista Networks, Inc.

Effective: 2025-05-07
Filed: May 6, 2025, 7:59 PM ET

On May 1, 2025, Marc Taxay, the Company’s General Counsel, notified the company of his intention to resign from the Company effective May 7, 2025.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Marc Taxay resigned as General Counsel at Arista Networks, Inc..

Action: resigned
Role: General Counsel

Exact text from the filing

On May 1, 2025, Marc Taxay, the Company’s General Counsel, notified the company of his intention to resign from the Company effective May 7, 2025.

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Arista Networks, Inc. filing history →

Source: SEC EDGAR

accession 0001596532-25-000103

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