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Arista Networks

ANET

Arista Networks provides data-driven, client-to-cloud networking solutions for large-scale AI, data center, campus, and routing environments.

Market cap
$227.97B+77.1%
Revenue$9.7B+30.6%
Net income$3.7B+22.9%
Free cash flow$5.3B+39.4%
EPS (diluted)$2.92+23.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 3 weeks)
Revenue estimate$2.8B
EPS estimate$0.89

Financials

Q1 2026

Income statement

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Revenue$2.7B+35.1%
Gross profit$1.7B+31.4%
Operating income$1.2B+34.8%
Net income$1.0B+25.7%
EPS (diluted)$0.80+25.0%

Balance sheet

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Cash & equivalents$2.8B+51.1%
Total equity$13.5B+33.3%
Total assets$21.7B+49.2%

Cash flow

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Operating cash flow$1.7B+164%
CapEx$54.5M+91.9%
Free cash flow$1.6B+167%

Valuation & ratios

Valuation

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Market cap$227.97B+77.1%
P/E61.3×+21.7×
P/S23.5×+7.3×

Profitability

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Gross margin63.5%-0.6pp
Operating margin42.8%+0.5pp
Net margin38.3%-2.4pp
FCF margin54.4%+3.5pp

Returns & leverage

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Return on equity31.5%-2.2pp
Current ratio2.8×-1.1×

Segments

By geography

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Americas$2.3B+43.3%
Europe, Middle East and Africa$235.0M+34.6%
Asia-Pacific$183.9M-20.6%

By product

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Service$397.7M+27.3%

Competitors

Profile

Arista Networks provides data-driven, client-to-cloud networking solutions for large-scale AI, data center, campus, and routing environments. The company leverages its proprietary Extensible Operating System (EOS) and best-of-breed merchant silicon to deliver high-performance, programmable, and reliable network architectures. Its value proposition centers on reducing operational complexity through automation, analytics, and open standards-based technology.

Competitive position

A market leader in high-speed Ethernet switching (100G and above) and data center port shipments, positioned as a modern alternative to legacy proprietary networking vendors.

GeographiesGlobal
Customer segmentsHyperscale Cloud Providers, Enterprise, Public Sector, Service Providers
Business modelHardware Sales, Software-as-a-Service, Subscription Services
SuppliersMerchant silicon manufacturers, Contract manufacturers, Component suppliers (optical transceivers, power supplies)
CustomersHyperscale data center operators, Enterprise IT organizations, Managed service providers, Governmental entities
Listed2014
Employees4.0K
CEOJayshree V. Ullal
Websitearista.com
FilingsSEC EDGAR

Questions, answered.

What is Arista Networks's market cap?
Arista Networks (ANET) has a market capitalization of $227.97B and trades on NYSE.
What is Arista Networks's revenue and profitability?
Arista Networks generated $9.7B in trailing twelve-month revenue with net income of $3.7B, representing a net margin of 38.3%. Gross margin stands at 63.5%, with free cash flow of $5.3B. These figures are based on the Q1 2026 filing.
Who are Arista Networks's competitors?
Arista Networks's key competitors include Cisco Systems, Extreme Networks, Hewlett Packard Enterprise, and others. These companies compete in similar markets and product categories.
Who does Arista Networks partner with?
Arista Networks's notable partners include Meta Platforms, Microsoft, Broadcom, and others.
What subsidiaries does Arista Networks have?
Arista Networks's subsidiaries include Awake Security, Untangle, Mojo Networks.
Where is Arista Networks headquartered?
Arista Networks is headquartered in United States of America and employs approximately 4,023 people. It has been publicly traded since 2014.