Arista Networks, Inc.

Arista Networks, Inc.

178.48
USD
+8.57
(+5.04%)
3.17EPS
52.85P/E
214.25BMarket Cap
Feb 15Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.3
0.75
0.79
1.03
1.42
1.8
1.97
1.91
2.4
3.57
4.74
5.57
7.16
- -
Basic EPS, GAAP
0.03
0.11
0.11
0.17
0.37
0.27
0.7
0.52
0.69
1.1
1.69
2.27
2.79
- -
Free Cash Flow per Basic Share
0.01
0.15
0.21
0.14
0.53
0.4
0.78
0.59
0.78
0.37
1.62
2.93
3.38
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.07
0.53
0.72
0.98
1.41
1.77
2.37
2.72
3.23
3.98
5.78
7.92
9.85
- -
Tangible Book Value per Share
0.07
0.53
0.72
0.98
1.41
1.68
2.29
2.47
3
3.66
5.49
7.71
9.51
- -
Basic Weighted Avg Shares
1,221
775
1,055
1,100
1,156
1,196
1,221
1,216
1,226
1,226
1,237
1,256
1,258
1,259
Sales/Revenue/Turnover
361
584
838
1,129
1,646
2,151
2,411
2,318
2,948
4,381
5,860
7,003
9,006
- -
Operating Margin (%)
18.31
21.49
17.83
21.56
28.57
31.53
33.42
30.19
31.37
34.86
38.52
42.05
42.82
- -
Depreciation Expense
5
10
14
20
21
28
33
35
50
63
71
62
73
- -
Net Income, GAAP
42
87
121
184
423
328
860
635
841
1,352
2,087
2,852
3,511
- -
Effective Tax Rate (%)
27.14
28.52
17.06
23.96
10.86
- -
0.28
14.12
9.67
14.5
13.82
12.65
17.37
- -
Profit Margin (%)
11.75
14.87
14.46
16.31
25.71
15.25
35.67
27.38
28.52
30.87
35.62
40.73
38.99
- -
Working Capital
73
535
739
1,067
1,737
2,108
2,875
3,069
3,703
4,257
6,481
9,179
11,011
- -
LT Debt
43
43
41
40
38
35
83
72
57
44
- -
- -
- -
- -
Total Equity
78
556
788
1,108
1,662
2,143
2,895
3,320
3,979
4,886
7,219
9,995
12,371
- -
Return on Invested Capital (%)
26.7
21.85
17.3
18.72
29.52
- -
31.24
18.89
22.51
29.16
32.07
29.9
28.49
- -
Return on Capital (%)
26.3
22.28
17.3
18.86
29.9
- -
33.35
19.92
22.64
30.17
34.36
33.14
31.4
- -
Return on Common Equity (%)
100.31
27.69
18.02
19.43
30.56
17.25
34.13
20.42
23.04
30.51
34.49
33.14
31.4
- -

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,259
1,261
1,262
Market Capitalization
154,605
214,253
256,971

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
18,557
20,163
- -
Cash, Cash Equivalents & STI
12,353
13,343
- -
Accounts Receivable, Net
1,924
2,266
- -
Inventories
2,380
2,535
- -
Total Current Liabilities
6,560
6,818
- -
Payables & Accruals
1,050
1,179
- -
ST Debt
- -
- -
- -
Deferred Revenue
4,910
5,101
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
32.19%
30.52%
23.77%
Free Cash Flow
74.97%
84.99%
15.67%
Net Income, GAAP
50.27%
41.49%
23.12%
Sales/Revenue/Turnover
27.71%
31.54%
28.6%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,571
1,690
1,811
1,930
7,003
2025
2,005
2,205
2,308
2,488
9,006
2026
2,709
3,036
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.51
0.53
0.59
0.64
2.27
2025
0.65
0.71
0.68
0.76
2.79
2026
0.81
0.96
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jayshree V. Ullal
Full Time Employees
5,115
Sector
Electronic technology
Industry
Computer peripherals
Address
5453 Great America Parkway Santa Clara CA United States 95054
IPO Date
Jun 5, 2014
Website
arista.com
Business
Arista Networks Arista Networks, Inc., headquartered in Santa Clara, California and founded in 2004, designs, develops and sells high-performance multilayer network switches and software-driven cloud networking solutions for large data centers, AI clusters, cloud computing, high-performance computing, high-frequency trading, campus and routing environments worldwide. The company's core offerings include its Linux-based Extensible Operating System (EOS) that powers all platforms with features such as programmability, stateful restarts, advanced event management and APIs; data center Ethernet switches across series like 7500R modular chassis, 7280R deep-buffer systems, 7050X/7060X low-latency platforms supporting speeds from 1GbE to 800GbE; cognitive campus switching and Wi-Fi solutions; cloud-grade routing and WAN capabilities; and cognitive network software and services including CloudVision for unified management, DANZ Monitoring Fabric for observability, Arista A-Care support and subscription-based EOS extensions. These products serve cloud titans, financial services firms, service providers and large enterprises with emphasis on availability, automation, analytics, security and low-latency performance. In July 2025, Arista Networks acquired the VeloCloud SD-WAN portfolio from Broadcom to expand its AI-driven enterprise offerings, integrating zero-touch operations, proactive monitoring and automated troubleshooting for client-to-cloud domains including campus switching, Wi-Fi 7 access points and branch WAN; the company simultaneously launched related AI-enhanced products to strengthen its cognitive unified edge portfolio. Recent innovations include the October 2025 unveiling of the 800G R4 Series routers for AI and data center backbones with reduced total cost of ownership, low power use and integrated security; March 2025 introduction of EOS Smart AI Suite featuring Cluster Load Balancing and CloudVision Universal Network Observability for AI workload optimization; and a July 2025 expansion in India via Make in India manufacturing for enterprise networking and AI centers. Arista also reported strong Q3 2025 financial results with revenue of $2.308 billion, up 27.5% year-over-year, reflecting momentum in AI and cloud markets, alongside ongoing stock repurchase programs.

Company News

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