Arista Networks, Inc. (ANET)
Technology · Computer Hardware · NYSE
Arista Networks, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.13B | $1.65B | $2.15B | $2.41B | $2.32B | $2.95B | $4.38B | $5.86B | $7.00B | $9.01B |
| Gross profit | $723.12M | $1.06B | $1.37B | $1.54B | $1.48B | $1.88B | $2.68B | $3.63B | $4.49B | $5.77B |
| Net income | $184.19M | $423.20M | $328.12M | $859.87M | $634.56M | $840.85M | $1.35B | $2.09B | $2.85B | $3.51B |
| Net margin | 16.3% | 25.7% | 15.3% | 35.7% | 27.4% | 28.5% | 30.9% | 35.6% | 40.7% | 39.0% |
Source: Arista Networks, Inc. SEC filings (10-K). 14 years of history available in the interactive view.
What growth is priced into ANET stock?
At today's market cap of $191.60B, Arista Networks, Inc. is priced for free-cash-flow growth of about 18.8% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $4.25B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 42.7%/yr over the last five fiscal years and revenue 31.2%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 14 years of Arista Networks, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeOr start a 7-day free trial to track ANET in your portfolio →
Arista Networks, Inc. financial history by metric
About Arista Networks, Inc.
Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for AI, data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications. The company offers data center, cloud and AI networking, cognitive adjacencies, and cognitive network software and services. It also provides post contract customer support services, such as technical support, hardware repair and replacement parts beyond standard warranty, bug fixes, patches, and upgrade services. The company serves a range of industries comprising internet companies, cloud service providers, financial services organizations, government agencies, media and entertainment, healthcare, oil and gas, education, manufacturing, industrial, and others. It markets and sells its products through distributors, system integrators, value-added resellers, and original equipment manufacturer partners, as well as through its direct sales force. Arista Networks, Inc. was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. The company was incorporated in 2004 and is headquartered in Santa Clara, California.
Arista Networks, Inc. — frequently asked questions
What is Arista Networks, Inc.'s revenue?
Arista Networks, Inc. (ANET) reported revenue of $9.01B for fiscal year 2025, up 28.6% from the prior year, according to its SEC filings.
Is Arista Networks, Inc. profitable?
Yes. ANET earned net income of $3.51B in fiscal 2025, a net margin of 39.0%.
What is ANET's P/E ratio?
Arista Networks, Inc. trades at a price-to-earnings ratio of about 52.3 based on the latest data in our nightly-refreshed cache.
How fast is Arista Networks, Inc. growing?
ANET's revenue grew at roughly 31.2% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Arista Networks, Inc. have?
As of fiscal year 2025, ANET carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Arista Networks, Inc.'s gross margin?
ANET's gross margin was 64.1% in fiscal 2025 — gross profit of $5.77B on revenue of $9.01B.
What is Arista Networks, Inc.'s market cap?
Arista Networks, Inc. (ANET) has a market capitalization of about $191.60B, based on the latest data in our nightly-refreshed cache.
When does Arista Networks, Inc.'s fiscal year end?
ANET's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into ANET stock?
At today's market cap of $191.60B, Arista Networks, Inc. is priced for free-cash-flow growth of about 18.8% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $4.25B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 42.7%/yr over the last five fiscal years and revenue 31.2%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Arista Networks, Inc.'s official SEC filings (10-K and 10-Q), covering 14 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.