Arista Networks Inc (ANET)
NYSE: ANET · Real-Time Price · USD
134.65
+0.63 (0.47%)
At close: Nov 7, 2025, 4:00 PM EST
135.42
+0.77 (0.57%)
After-hours: Nov 7, 2025, 7:59 PM EST
Arista Networks Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2025 | 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 | +20 Quarters |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | 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 | +20 Quarters |
Cash & Equivalents | 2,327 | 2,226 | 1,845 | 2,762 | 3,175 | 2,429 | 2,092 | 1,939 | 1,749 | 1,262 | 956.34 | 671.71 | 716.25 | 493.25 | 635.03 | 620.81 | 630.98 | 893.69 | 843.34 | 893.22 | Upgrade |
Short-Term Investments | 7,780 | 6,619 | 6,305 | 5,541 | 4,253 | 3,845 | 3,358 | 3,069 | 2,707 | 2,479 | 2,375 | 2,352 | 2,264 | 2,409 | 2,789 | 2,788 | 2,755 | 2,388 | 2,184 | 1,980 | Upgrade |
Cash & Short-Term Investments | 10,106 | 8,844 | 8,150 | 8,303 | 7,428 | 6,274 | 5,450 | 5,008 | 4,456 | 3,741 | 3,331 | 3,024 | 2,980 | 2,902 | 3,424 | 3,408 | 3,386 | 3,282 | 3,028 | 2,873 | Upgrade |
Cash Growth | 36.05% | 40.97% | 49.54% | 65.81% | 66.72% | 67.70% | 63.60% | 65.62% | 49.51% | 28.92% | -2.71% | -11.28% | -12.00% | -11.57% | 13.09% | 18.64% | 19.00% | 17.97% | 14.82% | 5.45% | Upgrade |
Accounts Receivable | 1,489 | 1,624 | 1,436 | 1,140 | 1,131 | 1,227 | 1,090 | 1,034 | 833.37 | 779.73 | 862.88 | 923.1 | 651.51 | 585.79 | 648.61 | 516.51 | 395.59 | 364.21 | 380.47 | 389.54 | Upgrade |
Receivables | 1,489 | 1,624 | 1,436 | 1,140 | 1,131 | 1,227 | 1,090 | 1,034 | 833.37 | 779.73 | 862.88 | 923.1 | 651.51 | 585.79 | 648.61 | 516.51 | 395.59 | 364.21 | 380.47 | 389.54 | Upgrade |
Inventory | 2,156 | 2,059 | 1,957 | 1,835 | 1,884 | 1,854 | 2,025 | 1,945 | 2,092 | 2,163 | 1,927 | 1,452 | 1,222 | 950.91 | 789.83 | 696.43 | 599.99 | 565.59 | 504.65 | 498.45 | Upgrade |
Prepaid Expenses | 1,434 | 976.4 | 733.5 | 632.29 | - | 487.79 | 361.34 | 412.52 | - | - | 24.55 | 152.17 | 33.59 | 24.31 | 24.77 | 18.53 | 17.64 | 17.4 | 16.72 | 15.32 | Upgrade |
Other Current Assets | - | - | - | - | 434.99 | - | - | - | 274.11 | 167.54 | 125.35 | - | 144.04 | 266.29 | 218.06 | 172.89 | 124.26 | 99.5 | 73.4 | 60.82 | Upgrade |
Total Current Assets | 15,185 | 13,504 | 12,276 | 11,911 | 10,878 | 9,842 | 8,926 | 8,400 | 7,655 | 6,852 | 6,271 | 5,551 | 5,032 | 4,729 | 5,105 | 4,813 | 4,524 | 4,328 | 4,003 | 3,837 | Upgrade |
Property, Plant & Equipment | 172.6 | 152.3 | 123.9 | 150.8 | 93.03 | 96.28 | 97.95 | 157.47 | 161.48 | 163.04 | 161.16 | 148.4 | 154.65 | 153.69 | 154.06 | 143.82 | 144.75 | 102.86 | 105.42 | 109.52 | Upgrade |
Long-Term Investments | - | - | - | 81.32 | 81.32 | - | - | 62.29 | 62.29 | 61.79 | 39.4 | 39.47 | 39.68 | 38.26 | 38.63 | 20.25 | 18.25 | 13.65 | 10.31 | 8.31 | Upgrade |
Goodwill | 416.2 | 416.5 | 268.5 | 268.53 | 268.53 | 268.53 | 268.53 | 268.53 | 268.53 | 268.53 | 265.92 | 265.92 | 271.02 | 273.49 | 216.92 | 188.4 | 188.4 | 188.28 | 188.28 | 189.7 | Upgrade |
Other Intangible Assets | 304.1 | 319.8 | 56.4 | 62.01 | 68.7 | 75.39 | 82.08 | 88.77 | 95.46 | 103.58 | 112.89 | 122.21 | 131.52 | 140.84 | 105.24 | 93.56 | 100.71 | 108 | 115.36 | 122.79 | Upgrade |
Long-Term Deferred Tax Assets | 1,665 | 1,803 | 1,544 | 1,440 | 1,318 | 1,177 | 1,026 | 945.79 | 793.02 | 705.86 | 646.07 | 574.91 | 473.81 | 442.46 | 446.35 | 442.3 | 428.76 | 433.67 | 438.28 | 441.53 | Upgrade |
Other Long-Term Assets | 305.7 | 339.6 | 245.2 | 130.03 | 138.98 | 163.54 | 149.48 | 33.72 | 33.27 | 31.7 | 47.09 | 73.75 | 59.66 | 46.61 | 41.82 | 33.44 | 32.52 | 33.43 | 33.19 | 30.07 | Upgrade |
Total Assets | 18,049 | 16,534 | 14,515 | 14,044 | 12,847 | 11,623 | 10,550 | 9,957 | 9,069 | 8,186 | 7,543 | 6,775 | 6,162 | 5,825 | 6,108 | 5,734 | 5,437 | 5,208 | 4,894 | 4,739 | Upgrade |
Accounts Payable | 481 | 543.9 | 389.1 | 381.08 | 289.16 | 297.83 | 223.31 | 435.06 | 268.97 | 351.92 | 330.17 | 232.57 | 278.47 | 275.09 | 204.68 | 202.64 | 135.25 | 145.16 | 136.89 | 134.24 | Upgrade |
Accrued Expenses | 471 | 380.7 | 263.1 | 435.28 | 323.99 | 320.07 | 270.59 | 407.3 | 410.07 | 363.04 | 351.76 | 292.49 | 226.3 | 197.05 | 184.74 | 216.23 | 164.9 | 154.25 | 112.42 | 134.04 | Upgrade |
Current Portion of Leases | - | - | - | 22.14 | 24.1 | 23.5 | 23.7 | 21.11 | - | - | - | 19.88 | 30.23 | - | - | 20.3 | - | - | - | 17.77 | Upgrade |
Current Income Taxes Payable | - | - | 249.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Upgrade |
Current Unearned Revenue | 3,599 | 2,871 | 2,139 | 1,793 | 1,660 | 1,389 | 1,057 | 974.4 | 751.18 | 673.01 | 718.6 | 682.63 | 649.39 | 739.16 | 819.24 | 632.28 | 547.76 | 518.01 | 493.7 | 430.76 | Upgrade |
Other Current Liabilities | 115.4 | 255.6 | 81.3 | 100.74 | 137.53 | 131.83 | 208.16 | 81.56 | 416.51 | 267.83 | 184.37 | 65.96 | 70.53 | 66.73 | 160.36 | 38.39 | 45.48 | 42.51 | 43.53 | 51.43 | Upgrade |
Total Current Liabilities | 4,667 | 4,051 | 3,122 | 2,732 | 2,434 | 2,162 | 1,783 | 1,919 | 1,847 | 1,656 | 1,585 | 1,294 | 1,255 | 1,278 | 1,369 | 1,110 | 893.39 | 859.94 | 786.53 | 768.24 | Upgrade |
Long-Term Leases | - | - | - | 37.5 | 45.7 | 38.1 | 42.2 | 44.41 | 48.04 | 51.7 | 55.29 | 43.96 | 47.07 | 51.79 | 57.47 | 56.53 | 61.63 | 64.3 | 67.77 | 72.4 | Upgrade |
Long-Term Unearned Revenue | 1,274 | 1,379 | 1,110 | 1,159 | 994.7 | 874.27 | 745.55 | 665.04 | 563.86 | 521.99 | 478.72 | 462.06 | 390.43 | 395.93 | 402.93 | 390.42 | 340.25 | 311.43 | 306.8 | 254.57 | Upgrade |
Long-Term Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | 0.04 | - | 13.45 | 51.05 | 129.07 | 214.26 | 216.75 | 225.92 | 227.94 | Upgrade |
Other Long-Term Liabilities | 201.3 | 202.6 | 163.6 | 120.17 | 126.06 | 118.18 | 117.05 | 108.69 | 104.85 | 98.97 | 94.97 | 89.99 | 84.38 | 79.56 | 74.55 | 69.98 | 62.56 | 58.03 | 55.37 | 95.48 | Upgrade |
Total Liabilities | 6,142 | 5,633 | 4,396 | 4,049 | 3,601 | 3,192 | 2,688 | 2,738 | 2,563 | 2,328 | 2,214 | 1,890 | 1,777 | 1,819 | 1,955 | 1,756 | 1,572 | 1,510 | 1,442 | 1,419 | Upgrade |
Common Stock | 0.1 | 0.1 | 0.1 | 0.13 | 0.03 | 0.03 | 0.03 | 0.13 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.01 | 0.01 | 0.01 | 0.03 | Upgrade |
Additional Paid-In Capital | 2,784 | 2,636 | 2,552 | 2,465 | 2,371 | 2,263 | 2,185 | 2,108 | 2,028 | 1,928 | 1,857 | 1,781 | 1,718 | 1,639 | 1,591 | 1,530 | 1,474 | 1,395 | 1,346 | 1,292 | Upgrade |
Retained Earnings | 9,115 | 8,262 | 7,569 | 7,542 | 6,865 | 6,182 | 5,689 | 5,114 | 4,500 | 3,955 | 3,493 | 3,139 | 2,715 | 2,408 | 2,593 | 2,457 | 2,394 | 2,304 | 2,107 | 2,028 | Upgrade |
Comprehensive Income & Other | 7.8 | 3.8 | -1.9 | -13.19 | 9.59 | -15.06 | -11.93 | -3.33 | -23.17 | -25.21 | -21.51 | -33.91 | -47.13 | -41.32 | -30.5 | -8.3 | -2 | -1.14 | -0.86 | 0.24 | Upgrade |
Shareholders' Equity | 11,907 | 10,902 | 10,119 | 9,995 | 9,246 | 8,431 | 7,862 | 7,219 | 6,506 | 5,858 | 5,329 | 4,886 | 4,385 | 4,006 | 4,153 | 3,979 | 3,865 | 3,698 | 3,451 | 3,320 | Upgrade |
Total Liabilities & Equity | 18,049 | 16,534 | 14,515 | 14,044 | 12,847 | 11,623 | 10,550 | 9,957 | 9,069 | 8,186 | 7,543 | 6,775 | 6,162 | 5,825 | 6,108 | 5,734 | 5,437 | 5,208 | 4,894 | 4,739 | Upgrade |
Total Debt | - | - | - | 59.64 | 69.8 | 61.6 | 65.9 | 65.52 | 48.04 | 51.7 | 55.29 | 63.84 | 77.3 | 51.79 | 57.47 | 76.83 | 61.63 | 64.3 | 67.77 | 90.17 | Upgrade |
Net Cash (Debt) | 10,106 | 8,844 | 8,150 | 8,244 | 7,359 | 6,212 | 5,384 | 4,942 | 4,408 | 3,689 | 3,276 | 2,960 | 2,903 | 2,850 | 3,366 | 3,331 | 3,325 | 3,217 | 2,960 | 2,783 | Upgrade |
Net Cash Growth | 37.34% | 42.37% | 51.37% | 66.80% | 66.95% | 68.38% | 64.35% | 66.98% | 51.84% | 29.45% | -2.69% | -11.15% | -12.70% | -11.42% | 13.73% | 19.72% | 19.99% | 18.83% | 15.69% | 6.00% | Upgrade |
Net Cash Per Share | 7.92 | 6.96 | 6.37 | 6.42 | 5.74 | 4.85 | 4.21 | 3.88 | 3.47 | 2.91 | 2.60 | 2.35 | 2.31 | 2.25 | 2.63 | 2.60 | 2.60 | 2.52 | 2.32 | 2.19 | Upgrade |
Filing Date Shares Outstanding | 1,259 | 1,257 | 1,256 | 1,261 | 1,260 | 1,257 | 1,253 | 1,251 | 1,244 | 1,238 | 1,233 | 1,226 | 1,222 | 1,217 | 1,233 | 1,231 | 1,229 | 1,227 | 1,221 | 1,221 | Upgrade |
Total Common Shares Outstanding | 1,259 | 1,257 | 1,257 | 1,261 | 1,259 | 1,256 | 1,254 | 1,249 | 1,244 | 1,237 | 1,232 | 1,228 | 1,222 | 1,218 | 1,233 | 1,231 | 1,230 | 1,227 | 1,220 | 1,219 | Upgrade |
Working Capital | 10,518 | 9,452 | 9,155 | 9,179 | 8,444 | 7,680 | 7,143 | 6,481 | 5,808 | 5,196 | 4,686 | 4,257 | 3,777 | 3,451 | 3,736 | 3,703 | 3,631 | 3,468 | 3,216 | 3,069 | Upgrade |
Book Value Per Share | 9.46 | 8.67 | 8.05 | 7.92 | 7.34 | 6.71 | 6.27 | 5.78 | 5.23 | 4.73 | 4.32 | 3.98 | 3.59 | 3.29 | 3.37 | 3.23 | 3.14 | 3.01 | 2.83 | 2.72 | Upgrade |
Tangible Book Value | 11,187 | 10,165 | 9,794 | 9,664 | 8,909 | 8,087 | 7,512 | 6,862 | 6,142 | 5,485 | 4,950 | 4,498 | 3,983 | 3,591 | 3,831 | 3,697 | 3,576 | 3,402 | 3,148 | 3,008 | Upgrade |
Tangible Book Value Per Share | 8.88 | 8.09 | 7.79 | 7.66 | 7.07 | 6.44 | 5.99 | 5.49 | 4.94 | 4.43 | 4.02 | 3.66 | 3.26 | 2.95 | 3.11 | 3.00 | 2.91 | 2.77 | 2.58 | 2.47 | Upgrade |
Land | 47.3 | 47.3 | 47.3 | 47.19 | 46.87 | 45.88 | 45.16 | 44.65 | 44.02 | 42.57 | 42.34 | 41.5 | 40.6 | 40.49 | 40.34 | 40.15 | 40.06 | - | - | - | Upgrade |
Machinery | 248 | 243.2 | 236.3 | 228.14 | 223.51 | 216.56 | 214.42 | 206.19 | 202.82 | 197.97 | 183.35 | 178.13 | 174.21 | 162.63 | 152.53 | 138.63 | 129.67 | 124.04 | 120.4 | 114.52 | Upgrade |
Construction In Progress | 81.1 | 58.1 | 32.9 | 8.21 | - | 3.39 | 0.34 | 4.24 | 4.42 | 1.72 | 5.63 | 2.12 | 2 | 2.21 | 2.35 | 2.38 | 3.21 | 1.21 | 0.47 | 1.44 | Upgrade |
Leasehold Improvements | 37 | 37.1 | 34.8 | 34.71 | 34.78 | 34.69 | 34.71 | 34.58 | 32.15 | 32.08 | 30.2 | 30.1 | 30.06 | 30.21 | 30.51 | 30.5 | 30.5 | 30.5 | 31.5 | 31.45 | Upgrade |
Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.