ANET — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-06

• You should read the following discussion and analysis of our financial condition and results of operations together with the unaudited condensed consolidated financial statements and related notes that are included elsewhere in this Quarterly Report on Form 10-Q, and our Annual Report on Form 10-K f…

• In a world where data is increasingly a precious commodity and competitive differentiator, Arista was founded to enable our customers to access all their centers of data in the quickest, most reliable, and secure manner. Over the last two decades, we have established ourselves as an industry leader …

• •offer uncompromising reliability derived from the foundation of robust quality assurance capabilities, and a suite of automated diagnostics;

• •are based on advanced open and standards-based technology that avoids what is often expensive vendor lock-in, and

• •provide consistent real-time telemetry and intelligent automation to decrease the manual workload on the operator.

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• You should read the following discussion and analysis of our financial condition and results of operations together with the unaudited condensed consolidated financial statements and related notes that are included elsewhere in this Quarterly Report on Form 10-Q, and our Annual Report on Form 10-K f…

• Arista Networks is an industry leader in data-driven, client to cloud networking for large AI, data center, campus and routing environments. Arista's platforms deliver availability, agility, automation, analytics and security through an advanced network operating stack. Since Arista’s inception, our…

• modernized publish-subscribe state-sharing networking operating system. Arista EOS, combined with a set of network applications and our Ethernet switching and routing platforms using best of breed merchant silicon, provides customers with a highly competitive and diversified portfolio of products wi…

• We believe that cloud computing represents a fundamental shift from traditional legacy network architectures. As organizations of all sizes have moved workloads to the cloud, spending on cloud and next-generation data centers has increased rapidly, while traditional legacy IT spending has grown at a…

• The markets for cloud networking solutions are highly competitive and characterized by rapidly changing technology, changing end-customer needs, evolving industry standards, frequent introductions of new products and services, and industry consolidation. We expect competition to intensify in the fut…

Text added vs the prior filing · source: 10-Q · 2026-05-06

• •some of the key components in our products come from sole or limited sources of supply, which increases the risk of supply shortages, extended lead times or supply changes;

• •escalated or escalating United States (the "U.S.") tariffs as well as countermeasures and retaliatory actions taken by other countries, may have a negative effect on global economic conditions, financial markets and our business;

• •we have entered into significant purchase commitments and are susceptible to supply shortages, extended lead times or supply changes;

• •we expect our gross margins to vary over time and may be adversely affected by numerous factors;

• •our results of operations have varied significantly from period to period and are unpredictable;

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• •escalated or escalating United States (the "U.S.") tariffs as well as countermeasures taken by affected countries, may have a negative effect on global economic conditions, financial markets and our business, as may retaliatory actions by other countries, including China, in response to these U.S. …

• •Some key components in our products come from sole or limited sources of supply and increases the risk of supply shortages, extended lead times or supply changes;

• •our results of operations may vary significantly from period to period and can be unpredictable;

• •we expect our gross margins to vary over time and may be adversely affected by numerous factors;

• •sales of our switches generate most of our product revenue;

Text added vs the prior filing · source: 10-Q · 2026-05-06

• During our last fiscal quarter, the following director and officers, as defined in Rule 16a-1(f), adopted a “Rule 10b5-1 trading arrangement” as defined in Regulation S-K Item 408, as follows:

• On March 13, 2026, Kenneth Duda, our President, Chief Technology Officer and Director, adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 520,000 shares of our common stock held in various trusts for the benefit of Mr. Duda’s family, for which…

• No other officers or directors, as defined in Rule 16a-1(f), adopted or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as defined in Regulation S-K Item 408, during the last fiscal quarter.

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• No officers or directors, as defined in Rule 16a-1(f), adopted or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as defined in Regulation S-K Item 408, during the last fiscal quarter.