Arista Networks  Non-GAAP EPS of $0.75 beats by $0.04, revenue of $2.31B beats by $40M

* Arista Networks press release [https://seekingalpha.com/pr/20293158-arista-networks-inc-reports-third-quarter-2025-financial-results] (ANET [https://seekingalpha.com/symbol/ANET]): Q3 Non-GAAP EPS of $0.75 beats by $0.04.
* Revenue of $2.31B (+27.6% Y/Y) beats by $40M.

*
For the fourth quarter of 2025, we expect:

* Revenue of $2.3-$2.4 billion vs $2.33B consensus
* Non-GAAP gross margin of 62-63%; and
* Non-GAAP operating margin of 47-48%.

* Shares -10%.

MORE ON ARISTA NETWORKS 

* Arista Networks: Buoyed By Broadcom As OpenAI's Mega Deals Continue [https://seekingalpha.com/article/4830254-arista-buoyed-by-broadcom-as-openais-mega-deals-continue]
* Arista Networks: Strong Growth, Strong Margins, And Still Room To Run [https://seekingalpha.com/article/4830406-arista-networks-strong-growth-strong-margins-and-still-room-to-run]
* Arista Networks: High Quality Meets A Higher Valuation (Rating Downgrade) [https://seekingalpha.com/article/4829806-arista-networks-high-quality-meets-a-higher-valuation-rating-downgrade]
* Arista Q3 2025 Earnings Preview [https://seekingalpha.com/news/4513135-arista-q3-2025-earnings-preview]
* Earnings week ahead: AMD, PLTR, PFE, O, QCOM, ENB, SHOP, MCD, UBER, SMCI, BP, LCID, MRNA, ABNB, WBD, DKNG, AMC, and more [https://seekingalpha.com/news/4512329-earnings-week-ahead-amd-pltr-pfe-o-qcom-enb-shop-mcd-uber-smci-bp-lcid-mrna-abnb-wbd-dkng-amc-and-more]