Arista Networks, Inc. (ANET)
NYSE: ANET · Real-Time Price · USD
170.57
+11.41 (7.17%)
Nov 6, 2026, 3:10 PM EST - Market open
Arista Networks Financials Overview
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 | Sep '26 Sep 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 |
Revenue Revenue Growth | 11,890 | 9,006 | 7,003 | 5,860 | 4,381 | 2,948 |
Revenue Growth | 40.74% | 28.60% | 19.50% | 33.76% | 48.62% | 27.21% |
Gross Profit Gross Profit Growth | 7,477 | 5,769 | 4,491 | 3,630 | 2,676 | 1,881 |
Operating Income Operating Income Growth | 5,211 | 3,856 | 2,945 | 2,257 | 1,527 | 924.74 |
Net Income Net Income Growth | 4,752 | 3,511 | 2,852 | 2,087 | 1,352 | 840.85 |
Earnings Per Share EPS Growth | 3.73 | 2.75 | 2.23 | 1.65 | 1.07 | 0.66 |
EPS Growth | 41.85% | 23.32% | 35.15% | 54.21% | 62.74% | 31.50% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 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 |
Product Product Growth | 10,202 | 7,577 | 5,884 | 5,029 | 3,716 | 2,378 |
Service Service Growth | 1,688 | 1,429 | 1,119 | 830.68 | 665.23 | 570.31 |
Revenue (Total) Revenue (Total) Growth | 11,890 | 9,006 | 7,003 | 5,860 | 4,381 | 2,948 |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 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 |
Cash & Investments Cash & Investments Growth | 14,359 | 10,743 | 8,304 | 5,008 | 3,024 | 3,408 |
Total Debt Total Debt Growth | - | 90.5 | - | 65.52 | 63.84 | 76.83 |
Net Cash (Debt) Net Cash Growth | 14,359 | 10,653 | 8,304 | 4,942 | 2,960 | 3,331 |
Net Cash Growth | 42.08% | 28.29% | 68.00% | 66.98% | -11.15% | 19.72% |
Net Cash Per Share Net Cash Per Share Growth | 11.25 | 8.35 | 6.48 | 3.90 | 2.34 | 2.61 |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 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 |
Operating Cash Flow Operating Cash Flow Growth | 5,239 | 4,372 | 3,708 | 2,034 | 492.81 | 1,016 |
Capital Expenditures CapEx Growth | -221.9 | -119.5 | -32 | -34.4 | -44.64 | -64.74 |
Free Cash Flow Free Cash Flow Growth | 5,017 | 4,252 | 3,676 | 2,000 | 448.17 | 951.12 |
Free Cash Flow Growth | 24.01% | 15.67% | 83.85% | 346.17% | -52.88% | 32.15% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 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 |
Gross Margin | 62.88% | 64.06% | 64.13% | 61.95% | 61.07% | 63.80% |
Operating Margin | 43.83% | 42.82% | 42.05% | 38.52% | 34.86% | 31.37% |
Pretax Margin | 49.02% | 47.19% | 46.62% | 41.33% | 36.10% | 31.58% |
Profit Margin | 39.97% | 38.99% | 40.73% | 35.62% | 30.87% | 28.52% |
FCF Margin | 42.20% | 47.22% | 52.49% | 34.12% | 10.23% | 32.26% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 6, 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 |
PE Ratio | 45.73 | 46.99 | 48.82 | 35.10 | 27.42 | 52.53 |
Forward PE | 31.75 | 40.86 | 46.87 | 33.56 | 23.53 | 44.18 |
P/FCF Ratio | 42.48 | 38.80 | 37.88 | 36.64 | 82.74 | 46.44 |
PS Ratio | 17.93 | 18.32 | 19.88 | 12.50 | 8.46 | 14.98 |