Arista Networks Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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 & Equivalents	1,964	2,762	1,939	671.71	620.81
Short-Term Investments	8,779	5,541	3,069	2,352	2,788
Cash & Short-Term Investments	10,743	8,304	5,008	3,024	3,408
Cash Growth	29.38%	65.81%	65.62%	-11.28%	18.64%
Accounts Receivable	1,887	1,141	1,034	923.1	516.51
Inventory	2,247	1,835	1,945	1,290	650.12
Other Current Assets	1,510	632.3	412.52	314.22	237.74
Total Current Assets	16,387	11,911	8,400	5,551	4,813
Net Property, Plant & Equipment	203.1	98.8	101.58	95.01	143.82
Other Intangible Assets	-	-	357.3	122.21	93.56
Goodwill	416.1	268.5	-	265.92	188.4
Long-Term Investments	-	-	-	-	20.25
Other Long-Term Assets	2,442	1,766	1,098	741.52	475.74
Total Assets	19,449	14,044	9,957	6,775	5,734
Accounts Payable	651.7	381.1	435.06	232.57	202.64
Accrued Expenses	475.4	435.3	407.3	292.49	226.64
Unearned Revenue	4,003	1,727	915.2	637.43	593.58
Other Current Liabilities	246.8	188.5	161.87	131.04	86.97
Total Current Liabilities	5,377	2,732	1,919	1,294	1,110
Long-Term Leases	-	-	-	-	56.53
Other Long-Term Liabilities	1,702	1,317	818.14	596.06	589.47
Total Long-Term Liabilities	1,702	1,317	818.14	596.06	646
Total Liabilities	7,078	4,049	2,738	1,890	1,756
Common Stock	0.1	0.1	0.13	0.03	0.03
Additional Paid-in Capital	2,912	2,465	2,108	1,781	1,530
Accumulated Other Comprehensive Income	12	-13.2	-3.33	-33.91	-8.3
Retained Earnings	9,447	7,543	5,114	3,139	2,457
Shareholders' Equity	12,371	9,995	7,219	4,886	3,979
Total Liabilities & Equity	19,449	14,044	9,957	6,775	5,734
Total Debt	0	0	0	0	56.53
Net Cash (Debt)	10,743	8,304	5,008	3,024	3,352
Net Cash Growth	29.38%	65.81%	65.62%	-9.79%	19.69%
Net Cash Per Share	8.42	6.48	3.95	2.39	2.63
Book Value	12,371	9,995	7,219	4,886	3,979
Book Value Per Share	9.70	7.80	5.69	3.86	3.12
Tangible Book Value	11,954	9,726	6,862	4,498	3,697
Tangible Book Value Per Share	9.37	7.59	5.41	3.55	2.89

Updated Feb 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q