Arista Networks, Inc.

Arista Networks, Inc.

ANET
Arista Networks, Inc.US flagNew York Stock Exchange
198.82
USD
-4.80
- -
250.35BMarket Cap
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
8.38
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
3.21
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
4.1
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
11.73
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
11.2
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
1,258
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
10,541
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
43.14
Depreciation Expense
5
10
14
20
21
28
33
35
50
63
71
62
73
93
Net Income, GAAP
42
87
121
184
423
328
860
635
841
1,352
2,087
2,852
3,511
4,045
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
18.95
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
38.37
Working Capital
73
535
739
1,067
1,737
2,108
2,875
3,069
3,703
4,257
6,481
9,179
11,010
13,345
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
12,370
14,798
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
28.68
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
31.48
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
31.48

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,256
1,259
1,261
Market Capitalization
164,639
154,605
214,253

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
16,387
18,557
20,163
Cash, Cash Equivalents & STI
10,743
12,353
13,343
Accounts Receivable, Net
1,887
1,924
2,266
Inventories
2,247
2,380
2,535
Total Current Liabilities
5,376
6,560
6,818
Payables & Accruals
1,127
1,050
1,179
ST Debt
- -
- -
- -
Deferred Revenue
4,003
4,910
5,101

Growth Rates

FRC

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

FRC

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

FRC

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

FRC

in mil. unless spec.

Year

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

Company Description

APIChatGPT
CEO
Jayshree V. Ullal
Full Time Employees
5,115
Sector
Technology
Industry
Computer Hardware
Address
5453 Great America Parkway Santa Clara CA United States of America 95054
IPO Date
Jun 6, 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

APIChatGPT
  • The Quiet Winner of the AI Buildout Just Posted Its Best Year Ever

  • Reviewing Arista Networks (NYSE:ANET) & Vecima Networks (OTCMKTS:VNWTF)

  • Fidelity’s Contrafund, FCNTX, Bet Against the Crowd and Got Enormous Doing It

  • CLS vs. ANET: Which AI Stock Offers the Better Growth Opportunity?

  • Is Arista Networks (ANET) a Buy as Wall Street Analysts Look Optimistic?

  • First Look: Super Micro, Oracle, Bank of America, Toyota in Focus

  • Arista Networks (ANET) Is Up 4.61% in One Week: What You Should Know

  • Here Are Tuesday’s Top Wall Street Analyst Research Calls: Airbnb, AppLovin, Autodesk, Best Buy, BigBear.ai, Boeing, Fiserv, Jabil, Spotify Technology and More

  • Arista Networks (NYSE:ANET) Major Shareholder Andreas Bechtolsheim Sells 111,848 Shares

  • Arista Networks: Hefty Growth Premium Baked In - AI Pick/Shovel Status Proven

  • Does Arista Networks (ANET) Have the Potential to Rally 26.33% as Wall Street Analysts Expect?

  • Arista Witnesses an Uptrend in Estimate Revision: Is it Worth Buying?

  • Adobe vs. Arista Networks: Which Technology Stock Is a Better Buy in 2026?

  • Arista Networks vs. Arm: Comparing Revenue Growth Trajectories for These Artificial Intelligence Companies

  • Arista Networks: Strong Quarterly Earnings Keeps The Buy Thesis Intact

  • Arista Networks: Despite Clear AI Tailwinds, Gains Will Be More Limited Here (Downgrade)

  • Why Arista Networks Is A Buy Despite Rising Competition

  • 3 Reasons Why Growth Investors Shouldn't Overlook Arista Networks (ANET)

  • Is ANET Worth Buying Now or Waiting for a Better Entry Point?

  • How Arista's New AI Platform Could Expand ANET's Growth Story