Arista Networks, an industry leader in data-driven, client-to-cloud networking for large AI, data center, campus, and routing environments, has reported strong financial results for the first quarter ended March 31, 2025, surpassing $2 billion in quarterly revenue for the first time in its history.
Revenue increased to $2.005 billion, an increase of 3.9% from the fourth quarter of 2024 and an impressive 27.6% increase from the first quarter of 2024.
GAAP gross margin remained stable at 63.7%, while non-GAAP gross margin was also high at 64.1%. GAAP net income was $813.8 million ($0.64 per diluted share), up significantly from $637.7 million in the same period last year.
“As we enter 2025, AI, cloud, and enterprise customers continue to drive network transformation. We surpassed $2B in revenue for the first time in Q1 2025 despite the unknowns around tariffs,” stated Jayshree Ullal, Chairperson and CEO of Arista Networks. “Arista’s trifecta of innovation, growth, and profitability is reflected in our results.”
Commenting on the company’s financial results, Chantelle Breithaupt, Arista’s CFO, said, “With a continued focus on execution, Arista maintained its financial performance of delivering both strong growth and profitability. In Q1 2025, we also completed the highest level of stock repurchases in Arista’s history, quarterly or annually, at $787M, reflecting our strong conviction in the long-term value of the business.”
Arista’s Board of Directors authorized an additional program to repurchase up to $1.5 billion, underscoring its confidence in the company’s long-term value.
Additionally, Arista introduced advanced innovations in AI networking and was recognized as a Leader in the Gartner Magic Quadrant for Data Center Switching
For the second quarter of 2025, Arista expects revenue of approximately $2.1 billion, Non-GAAP gross margin of approximately 63% and Non-GAAP operating margin of approximately 46%.
