Arista Networks Inc (ANET)
NYSE: ANET · Real-Time Price · USD
146.48
+3.38 (2.36%)
At close: Oct 20, 2025, 4:00 PM EDT
147.19
+0.71 (0.48%)
After-hours: Oct 20, 2025, 7:59 PM EDT
Arista Networks Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 | +20 Quarters |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 | Dec '20 Dec 31, 2020 | Sep '20 Sep 30, 2020 | +20 Quarters |
| 2,205 | 2,005 | 1,930 | 1,811 | 1,690 | 1,571 | 1,540 | 1,509 | 1,459 | 1,351 | 1,276 | 1,177 | 1,052 | 877.07 | 824.46 | 748.7 | 707.32 | 667.56 | 648.48 | 605.43 | Upgrade | |
Revenue Growth (YoY) | 30.43% | 27.58% | 25.32% | 19.97% | 15.87% | 16.28% | 20.77% | 28.27% | 38.70% | 54.08% | 54.71% | 57.18% | 48.72% | 31.38% | 27.14% | 23.66% | 30.85% | 27.63% | 17.36% | -7.49% | Upgrade |
Cost of Revenue | 766.2 | 728.7 | 699.44 | 649.22 | 593.2 | 570 | 541.21 | 567.04 | 574.8 | 546.84 | 506.95 | 466.82 | 408.63 | 323.22 | 301.75 | 270.08 | 253.14 | 242.29 | 233.9 | 220.47 | Upgrade |
Gross Profit | 1,439 | 1,276 | 1,231 | 1,162 | 1,097 | 1,001 | 999.23 | 942.42 | 884.13 | 804.51 | 768.61 | 709.98 | 643.27 | 553.85 | 522.71 | 478.62 | 454.18 | 425.27 | 414.58 | 384.96 | Upgrade |
Selling, General & Admin | 155.9 | 150.9 | 146.33 | 140.64 | 130.1 | 132.8 | 147.83 | 127.37 | 124.39 | 118.52 | 109.26 | 104.83 | 102.25 | 103.85 | 99.05 | 92.23 | 91.52 | 86.49 | 79.5 | 68.52 | Upgrade |
Research & Development | 296.5 | 266.4 | 285.02 | 235.82 | 267.5 | 208.4 | 211.48 | 212.35 | 229.68 | 201.41 | 190.42 | 187.81 | 178.16 | 172.01 | 157.88 | 153.09 | 143.29 | 132.49 | 133.85 | 128.05 | Upgrade |
Operating Expenses | 452.4 | 417.3 | 431.34 | 376.47 | 397.6 | 341.2 | 359.31 | 339.72 | 354.07 | 319.93 | 299.69 | 292.63 | 280.41 | 275.86 | 256.93 | 245.32 | 234.81 | 218.98 | 213.35 | 196.57 | Upgrade |
Operating Income | 986.2 | 858.8 | 799.65 | 785.25 | 699.6 | 660.2 | 639.91 | 602.7 | 530.06 | 484.58 | 468.92 | 417.35 | 362.85 | 277.99 | 265.79 | 233.29 | 219.37 | 206.29 | 201.24 | 188.4 | Upgrade |
Interest & Investment Income | 90.4 | 90.2 | 90.35 | 85.37 | 71.4 | 63.8 | 54.03 | 43.68 | 32.21 | 22.51 | 13.77 | 6.93 | 4.43 | 2.43 | 1.66 | 1.64 | 1.87 | 2.05 | 2.49 | 4.32 | Upgrade |
Other Non Operating Income (Expenses) | 3.6 | 6 | 11.32 | -0.11 | -0.6 | -1.2 | 19.15 | -1.39 | -0.61 | -4.79 | -0.21 | -0.82 | 0.12 | 0.56 | -0.16 | -0.29 | -0.15 | -0.47 | -1.11 | -0.53 | Upgrade |
EBT Excluding Unusual Items | 1,080 | 955 | 901.33 | 870.51 | 770.4 | 722.8 | 713.09 | 644.98 | 561.66 | 502.3 | 482.49 | 423.46 | 367.4 | 280.97 | 267.29 | 234.64 | 221.08 | 207.87 | 202.62 | 192.19 | Upgrade |
Merger & Restructuring Charges | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -6.6 | - | Upgrade |
Gain (Loss) on Sale of Investments | - | - | -12.4 | 12.4 | - | - | -18.7 | -0.47 | 24.74 | -5.57 | 3.36 | 0.71 | -5.08 | 28.5 | - | - | - | - | 4.16 | 9.43 | Upgrade |
Pretax Income | 1,080 | 955 | 888.93 | 882.91 | 770.4 | 722.8 | 694.39 | 644.51 | 586.4 | 496.72 | 485.85 | 424.16 | 362.32 | 309.47 | 267.29 | 234.64 | 221.08 | 207.87 | 200.18 | 201.62 | Upgrade |
Income Tax Expense | 191.4 | 141.2 | 87.93 | 134.97 | 105 | 85.1 | 80.76 | 99.18 | 94.52 | 60.25 | 58.76 | 70.17 | 63.22 | 37.21 | 27.99 | 10.34 | 24.2 | 27.5 | 17.22 | 33.24 | Upgrade |
Net Income | 888.8 | 813.8 | 801 | 747.94 | 665.4 | 637.7 | 613.64 | 545.33 | 491.89 | 436.47 | 427.09 | 354 | 299.1 | 272.26 | 239.3 | 224.31 | 196.89 | 180.37 | 182.96 | 168.38 | Upgrade |
Net Income to Common | 888.8 | 813.8 | 801 | 747.94 | 665.4 | 637.7 | 613.64 | 545.33 | 491.89 | 436.47 | 427.09 | 354 | 299.1 | 272.26 | 239.3 | 224.31 | 196.89 | 180.37 | 182.96 | 168.38 | Upgrade |
Net Income Growth | 33.57% | 27.62% | 30.53% | 37.15% | 35.28% | 46.10% | 43.68% | 54.05% | 64.46% | 60.31% | 78.48% | 57.82% | 51.91% | 50.95% | 30.79% | 33.22% | 35.98% | 30.29% | -29.82% | -19.40% | Upgrade |
Shares Outstanding (Basic) | 1,256 | 1,260 | 1,260 | 1,258 | 1,255 | 1,252 | 1,246 | 1,241 | 1,235 | 1,228 | 1,225 | 1,220 | 1,227 | 1,232 | 1,230 | 1,230 | 1,223 | 1,221 | 1,214 | 1,216 | Upgrade |
Shares Outstanding (Diluted) | 1,271 | 1,279 | 1,283 | 1,282 | 1,280 | 1,279 | 1,275 | 1,271 | 1,266 | 1,262 | 1,261 | 1,258 | 1,266 | 1,279 | 1,279 | 1,279 | 1,275 | 1,274 | 1,268 | 1,269 | Upgrade |
Shares Change (YoY) | -0.66% | -0.02% | 0.63% | 0.89% | 1.09% | 1.35% | 1.16% | 1.03% | -0.03% | -1.27% | -1.42% | -1.64% | -0.71% | 0.36% | 0.85% | 0.75% | 0.52% | -0.40% | -1.25% | -1.78% | Upgrade |
EPS (Basic) | 0.71 | 0.65 | 0.64 | 0.59 | 0.53 | 0.51 | 0.49 | 0.44 | 0.40 | 0.36 | 0.35 | 0.29 | 0.24 | 0.22 | 0.19 | 0.18 | 0.16 | 0.15 | 0.15 | 0.14 | Upgrade |
EPS (Diluted) | 0.70 | 0.64 | 0.63 | 0.58 | 0.52 | 0.50 | 0.48 | 0.43 | 0.39 | 0.34 | 0.34 | 0.28 | 0.23 | 0.21 | 0.19 | 0.17 | 0.15 | 0.14 | 0.15 | 0.13 | Upgrade |
EPS Growth | 34.62% | 28.00% | 29.49% | 35.47% | 34.19% | 44.93% | 43.26% | 52.21% | 64.89% | 62.35% | 82.71% | 61.43% | 51.61% | 49.12% | 27.53% | 32.07% | 35.49% | 31.82% | -28.48% | -18.01% | Upgrade |
Free Cash Flow | 1,176 | 613.3 | 1,019 | 1,167 | 985.8 | 504.4 | 520.45 | 687.77 | 422.51 | 368.85 | 30.01 | 123.67 | 92.23 | 202.26 | 215.96 | 226.69 | 258.9 | 249.58 | 179.24 | 212.6 | Upgrade |
Free Cash Flow Per Share | 0.93 | 0.48 | 0.79 | 0.91 | 0.77 | 0.39 | 0.41 | 0.54 | 0.33 | 0.29 | 0.02 | 0.10 | 0.07 | 0.16 | 0.17 | 0.18 | 0.20 | 0.20 | 0.14 | 0.17 | Upgrade |
Gross Margin | 65.25% | 63.65% | 63.77% | 64.15% | 64.91% | 63.73% | 64.87% | 62.43% | 60.60% | 59.53% | 60.26% | 60.33% | 61.15% | 63.15% | 63.40% | 63.93% | 64.21% | 63.70% | 63.93% | 63.59% | Upgrade |
Operating Margin | 44.73% | 42.84% | 41.42% | 43.36% | 41.39% | 42.01% | 41.54% | 39.93% | 36.33% | 35.86% | 36.76% | 35.47% | 34.49% | 31.70% | 32.24% | 31.16% | 31.01% | 30.90% | 31.03% | 31.12% | Upgrade |
Profit Margin | 40.31% | 40.59% | 41.49% | 41.30% | 39.36% | 40.58% | 39.84% | 36.13% | 33.72% | 32.30% | 33.48% | 30.08% | 28.43% | 31.04% | 29.02% | 29.96% | 27.84% | 27.02% | 28.21% | 27.81% | Upgrade |
Free Cash Flow Margin | 53.34% | 30.59% | 52.76% | 64.47% | 58.32% | 32.10% | 33.79% | 45.56% | 28.96% | 27.30% | 2.35% | 10.51% | 8.77% | 23.06% | 26.19% | 30.28% | 36.60% | 37.39% | 27.64% | 35.12% | Upgrade |
EBITDA | 999 | 872.6 | 810.84 | 796.6 | 715.1 | 675.8 | 654.31 | 619.7 | 552.89 | 500.98 | 486.45 | 434.5 | 377.77 | 291.08 | 278.26 | 245.92 | 231.94 | 218.95 | 213.85 | 199.2 | Upgrade |
EBITDA Margin | 45.31% | 43.53% | 42.00% | 43.99% | 42.30% | 43.01% | 42.48% | 41.05% | 37.90% | 37.07% | 38.14% | 36.92% | 35.91% | 33.19% | 33.75% | 32.85% | 32.79% | 32.80% | 32.98% | 32.90% | Upgrade |
D&A For EBITDA | 12.8 | 13.8 | 11.19 | 11.35 | 15.5 | 15.6 | 14.4 | 17.01 | 22.83 | 16.4 | 17.53 | 17.16 | 14.92 | 13.09 | 12.47 | 12.63 | 12.58 | 12.66 | 12.62 | 10.81 | Upgrade |
EBIT | 986.2 | 858.8 | 799.65 | 785.25 | 699.6 | 660.2 | 639.91 | 602.7 | 530.06 | 484.58 | 468.92 | 417.35 | 362.85 | 277.99 | 265.79 | 233.29 | 219.37 | 206.29 | 201.24 | 188.4 | Upgrade |
EBIT Margin | 44.73% | 42.84% | 41.42% | 43.36% | 41.39% | 42.01% | 41.54% | 39.93% | 36.33% | 35.86% | 36.76% | 35.47% | 34.49% | 31.70% | 32.24% | 31.16% | 31.01% | 30.90% | 31.03% | 31.12% | Upgrade |
Effective Tax Rate | 17.72% | 14.79% | 9.89% | 15.29% | 13.63% | 11.77% | 11.63% | 15.39% | 16.12% | 12.13% | 12.09% | 16.54% | 17.45% | 12.02% | 10.47% | 4.41% | 10.94% | 13.23% | 8.60% | 16.49% | Upgrade |
Revenue as Reported | 2,205 | 2,005 | 1,930 | 1,811 | 1,690 | 1,571 | 1,540 | 1,509 | 1,459 | 1,351 | 1,276 | 1,177 | 1,052 | 877.07 | 824.46 | 748.7 | 707.32 | 667.56 | 648.48 | 605.43 | Upgrade |
Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.