Arista Networks, Inc. (TSX:ANET)
Canada · Delayed Price · Currency is CAD 36.29
-0.43 (-1.17%)
Sep 29, 2026, 3:59 PM EST
Arista Networks Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 10,541 | 9,006 | 7,003 | 5,860 | 4,381 | 2,948 | |
Revenue Growth | 32.57% | 28.60% | 19.50% | 33.76% | 48.62% | 27.21% |
Cost of Revenue | 3,900 | 3,237 | 2,512 | 2,230 | 1,706 | 1,067 |
Gross Profit | 6,641 | 5,769 | 4,491 | 3,630 | 2,676 | 1,881 |
Selling, General & Admin | 727.9 | 675.3 | 550 | 518.1 | 420.2 | 369.29 |
Research & Development | 1,366 | 1,237 | 996.7 | 854.9 | 728.39 | 586.75 |
Operating Expenses | 2,094 | 1,913 | 1,547 | 1,373 | 1,149 | 956.04 |
Operating Income | 4,547 | 3,856 | 2,945 | 2,257 | 1,527 | 924.74 |
Interest & Investment Income | 434.3 | 383.4 | 311 | 152.4 | 27.56 | 7.22 |
Other Non Operating Income (Expenses) | 9 | 10.2 | 9.5 | 12.3 | 27.13 | -1.08 |
EBT Excluding Unusual Items | 4,990 | 4,250 | 3,265 | 2,422 | 1,582 | 930.88 |
Pretax Income | 4,990 | 4,250 | 3,265 | 2,422 | 1,582 | 930.88 |
Income Tax Expense | 945.6 | 738.3 | 413 | 334.7 | 229.35 | 90.03 |
Net Income | 4,045 | 3,511 | 2,852 | 2,087 | 1,352 | 840.85 |
Net Income to Common | 4,045 | 3,511 | 2,852 | 2,087 | 1,352 | 840.85 |
Net Income Growth | 24.39% | 23.12% | 36.64% | 54.34% | 60.84% | 32.51% |
Shares Outstanding (Basic) | 1,258 | 1,258 | 1,256 | 1,237 | 1,226 | 1,226 |
Shares Outstanding (Diluted) | 1,276 | 1,276 | 1,281 | 1,269 | 1,266 | 1,277 |
Shares Change | -0.26% | -0.42% | 0.99% | 0.21% | -0.87% | 0.43% |
EPS (Basic) | 3.21 | 2.79 | 2.27 | 1.69 | 1.10 | 0.69 |
EPS (Diluted) | 3.16 | 2.75 | 2.23 | 1.65 | 1.07 | 0.66 |
EPS Growth | 23.94% | 23.32% | 35.15% | 54.21% | 62.74% | 31.50% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 5,155 | 4,252 | 3,676 | 2,000 | 448.17 | 951.12 |
Free Cash Flow Per Share | 4.04 | 3.33 | 2.87 | 1.58 | 0.35 | 0.74 |
Gross Margin | 63.00% | 64.06% | 64.13% | 61.95% | 61.07% | 63.80% |
Operating Margin | 43.14% | 42.82% | 42.05% | 38.52% | 34.86% | 31.37% |
Profit Margin | 38.37% | 38.99% | 40.73% | 35.62% | 30.87% | 28.52% |
Free Cash Flow Margin | 48.91% | 47.22% | 52.49% | 34.12% | 10.23% | 32.26% |
EBITDA | 4,640 | 3,929 | 3,007 | 2,328 | 1,590 | 975.07 |
EBITDA Margin | 44.02% | 43.63% | 42.93% | 39.72% | 36.29% | 33.07% |
D&A For EBITDA | 92.7 | 72.6 | 62 | 70.6 | 62.7 | 50.33 |
EBIT | 4,547 | 3,856 | 2,945 | 2,257 | 1,527 | 924.74 |
EBIT Margin | 43.14% | 42.82% | 42.05% | 38.52% | 34.86% | 31.37% |
Effective Tax Rate | 18.95% | 17.37% | 12.65% | 13.82% | 14.50% | 9.67% |
Revenue as Reported | 10,541 | 9,006 | 7,003 | 5,860 | 4,381 | 2,948 |