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Arista Networks, Inc. (ANET)
NYSE: ANET · Real-Time Price · USD
186.45
-6.73 (-3.48%)
At close: Aug 19, 2026, 4:00 PM EDT
184.65
-1.80 (-0.97%)
Pre-market: Aug 20, 2026, 8:37 AM EDT

Arista Networks Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
3,0362,7092,4882,3082,2052,0051,9301,8111,6901,5711,5401,5091,4591,3511,2761,1771,052877.07824.46748.7
Revenue Growth (YoY)
37.69%35.13%28.88%27.47%30.43%27.58%25.31%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%
Cost of Revenue
1,1251,032924818.1766.2728.7699.4649.2593.2570541.21567.04574.8546.84506.95466.82408.63323.22301.75270.08
Gross Profit
1,9101,6771,5641,4901,4391,2761,2311,1621,0971,001999.23942.42884.13804.51768.61709.98643.27553.85522.71478.62
Selling, General & Admin
184.1175.3182.5186155.9150.9146.4140.6130.1132.8147.83127.37124.39118.52109.26104.83102.25103.8599.0592.23
Research & Development
348.2343.7348.4326296.5266.4285235.8267.5208.4211.48212.35229.68201.41190.42187.81178.16172.01157.88153.09
Operating Expenses
532.3519530.9512452.4417.3431.4376.4397.6341.2359.31339.72354.07319.93299.69292.63280.41275.86256.93245.32
Operating Income
1,3781,1581,033978.2986.2858.8799.6785.3699.6660.2639.91602.7530.06484.58468.92417.35362.85277.99265.79233.29
Interest & Investment Income
122.4109.210399.890.490.290.485.471.463.854.0343.6832.2122.5113.776.934.432.431.661.64
Other Non Operating Income (Expenses)
3.94.41.5-0.93.66-112.2-0.6-1.219.15-1.39-0.61-4.79-0.21-0.820.120.56-0.16-0.29
EBT Excluding Unusual Items
1,5041,2711,1371,0771,080955889882.9770.4722.8713.09644.98561.66502.3482.49423.46367.4280.97267.29234.64
Gain (Loss) on Sale of Investments
-----------18.7-0.4724.74-5.573.360.71-5.0828.5--
Pretax Income
1,5041,2711,1371,0771,080955889882.9770.4722.8694.39644.51586.4496.72485.85424.16362.32309.47267.29234.64
Income Tax Expense
291.4248.5181.6224.1191.4141.288134.910585.180.7699.1894.5260.2558.7670.1763.2237.2127.9910.34
Net Income
1,2131,023955.8853888.8813.8801748665.4637.7613.64545.33491.89436.47427.09354299.1272.26239.3224.31
Net Income to Common
1,2131,023955.8853888.8813.8801748665.4637.7613.64545.33491.89436.47427.09354299.1272.26239.3224.31
Net Income Growth (YoY)
36.46%25.69%19.33%14.04%33.57%27.62%30.53%37.16%35.28%46.10%43.68%54.05%64.46%60.31%78.48%57.82%51.91%50.95%30.79%33.22%
Shares Outstanding (Basic)
1,2601,2581,2581,2581,2561,2601,2601,2581,2551,2521,2461,2411,2351,2281,2251,2201,2271,2321,2301,230
Shares Outstanding (Diluted)
1,2761,2741,2761,2771,2711,2791,2831,2821,2801,2791,2751,2711,2661,2621,2611,2581,2661,2791,2791,279
Shares Change (YoY)
0.38%-0.42%-0.59%-0.41%-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%
EPS (Basic)
0.960.810.760.680.710.650.640.590.530.510.490.440.400.360.350.290.240.220.190.18
EPS (Diluted)
0.950.800.750.670.700.640.630.580.520.500.480.430.390.340.340.280.230.210.190.17
EPS Growth (YoY)
35.71%25.00%19.06%15.52%34.62%28.00%30.01%34.88%34.19%44.93%43.26%52.21%64.89%62.35%82.71%61.43%51.61%49.12%27.53%32.07%

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Free Cash Flow
1,0531,6391,2251,2381,176613.31,0191,168985.8504.4520.45687.77422.51368.8530.01123.6792.23202.26215.96226.69
Free Cash Flow Per Share
0.821.290.960.970.930.480.790.910.770.390.410.540.330.290.020.100.070.160.170.18
Gross Margin
62.93%61.90%62.86%64.56%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%
Operating Margin
45.39%42.74%41.52%42.38%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%
Profit Margin
39.95%37.76%38.42%36.95%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%
Free Cash Flow Margin
34.70%60.50%49.24%53.64%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%
EBITDA
1,4011,1811,0561,001999872.6814.9800.9715.1675.8654.31619.7552.89500.98486.45434.5377.77291.08278.26245.92
EBITDA Margin
46.16%43.60%42.44%43.38%45.31%43.53%42.21%44.23%42.30%43.01%42.48%41.05%37.90%37.07%38.14%36.92%35.91%33.19%33.75%32.85%
D&A For EBITDA
23.423.322.823.212.813.815.315.615.515.614.417.0122.8316.417.5317.1614.9213.0912.4712.63
EBIT
1,3781,1581,033978.2986.2858.8799.6785.3699.6660.2639.91602.7530.06484.58468.92417.35362.85277.99265.79233.29
EBIT Margin
45.39%42.74%41.52%42.38%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%
Effective Tax Rate
19.37%19.55%15.97%20.81%17.72%14.79%9.90%15.28%13.63%11.77%11.63%15.39%16.12%12.13%12.09%16.54%17.45%12.02%10.47%4.41%
Revenue as Reported
3,0362,7092,4882,3082,2052,0051,9301,8111,6901,5711,5401,5091,4591,3511,2761,1771,052877.07824.46748.7
SEC Filings: 10-K · 10-Q