Arista Networks, Inc.
ANETLast close · Oct 16, 2026176.98−8.60 (−4.63%)
Market cap$223.2B
Key indicators
Revenue10.5B+32.6% on a year earlier
2.2B
2.4B
2.3B
2.9B
4.4B
5.9B
7.0B
9.0B
10.5B
12.7B
16.6B
20.7B
Fiscal year
FY201818
FY201919
FY202020
FY202121
FY202222
FY202323
FY202424
FY202525
TTMTTM
FY2026E26E
FY2027E27E
FY2028E28E
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM | FY2026E | FY2027E | FY2028E |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | ||||||||||||
| 2.2B | 2.4B+12.1% | 2.3B−3.9% | 2.9B+27.2% | 4.4B+48.6% | 5.9B+33.8% | 7.0B+19.5% | 9.0B+28.6% | 10.5B+32.6% | 12.7B | 16.6B | 20.7B | |
| — | 12.1% | -3.9% | 27.2% | 48.6% | 33.8% | 19.5% | 28.6% | 32.6% | 40.9% | 30.8% | 24.6% | |
| $0.25 | $0.66+160.4% | $0.50−24.2% | $0.66+32.0% | $1.07+62.1% | $1.65+54.2% | $2.23+35.2% | $2.75+23.3% | $3.16 | $4.11 | $5.26 | $6.48 | |
| Profitability | ||||||||||||
| 63.8% | 64.1%+0.2 pt | 63.9%−0.1 pt | 63.8%−0.1 pt | 61.1%−2.7 pt | 61.9%+0.9 pt | 64.1%+2.2 pt | 64.1%−0.1 pt | 63.0%−1.2 pt | · | · | · | |
| 12.7% | 33.4%+20.7 pt | 30.2%−3.2 pt | 31.4%+1.2 pt | 34.9%+3.5 pt | 38.5%+3.7 pt | 42.0%+3.5 pt | 42.8%+0.8 pt | 43.1%−0.0 pt | · | · | · | |
| 15.3% | 35.7%+20.4 pt | 27.4%−8.3 pt | 28.5%+1.1 pt | 30.9%+2.3 pt | 35.6%+4.8 pt | 40.7%+5.1 pt | 39.0%−1.7 pt | 38.4%−2.5 pt | · | · | · | |
| 15.3% | 29.7%+14.4 pt | 19.1%−10.6 pt | 21.1%+2.0 pt | 27.7%+6.5 pt | 28.9%+1.2 pt | 28.5%−0.4 pt | 28.4%−0.2 pt | — | · | · | · | |
| Cash | ||||||||||||
| 479.3M | 947.3M+97.6% | 719.7M−24.0% | 951.1M+32.1% | 448.2M−52.9% | 2.0B+346.2% | 3.7B+83.8% | 4.3B+15.7% | 5.2B | · | · | · | |
| 22.3% | 39.3%+17.0 pt | 31.1%−8.2 pt | 32.3%+1.2 pt | 10.2%−22.0 pt | 34.1%+23.9 pt | 52.5%+18.4 pt | 47.2%−5.3 pt | 48.9% | · | · | · | |
| 0 | 266.1M | 395.2M+48.5% | 411.6M+4.2% | 670.3M+62.8% | 112.3M−83.2% | 423.6M+277.3% | 1.6B+278.4% | — | · | · | · | |
| Balance sheet | ||||||||||||
| 0.02x | 0.03x+0.01x | 0.02x−0.01x | 0.01x−0.01x | 0.01x−0.01x | 0.00x−0.01x | 0.00x+0.00x | 0.00x+0.00x | — | · | · | · | |
| 1.29B | 1.29B+0.0% | 1.27B−1.7% | 1.28B+0.4% | 1.27B−0.9% | 1.27B+0.2% | 1.28B+1.0% | 1.28B−0.4% | 1.28B+0.4% | · | · | · | |
E = analyst consensus (revenue and EPS only). TTM = the twelve months to Jun 30, 2026: the last fiscal year, plus the quarters since, less the same quarters a year earlier. From the 10-K and the 10-Qs since, as accepted by the SEC; the shaded column is the latest period.