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Arista Networks ANET Effective Tax Rate

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Other financials

Income statement

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Revenue$3.0B+37.7%
Gross profit$1.9B+32.8%
Operating income$1.4B+39.7%
Net income$1.2B+36.5%
EPS (diluted)$0.95+35.7%

Balance sheet

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Cash & equivalents$2.3B+2.9%
Total debt$59.6M-9.0%
Total equity$14.8B+35.7%
Total assets$23.7B+43.5%

Cash flow

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Operating cash flow$1.1B-9.8%
CapEx$29.7M+23.8%
Free cash flow$1.1B-10.4%

Valuation

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Market cap$248.45B+39.2%
P/E61.4×+6.5×
P/S23.6×+1.1×

Profitability

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Gross margin63%-1.2pp
Operating margin43.1%0.0pp
Net margin38.4%-2.5pp
FCF margin48.9%-1.1pp

Returns & leverage

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Return on equity31.5%-2.2pp
Debt / equity0.0×
Current ratio-0.4×

Where this comes from

Reported directly by Arista Networks in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateContinuingOperations.

The source filing: Arista Networks’s 10-Q, filed August 5, 2026.

Filed
Aug 4, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001596532-26-000175
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Income before income taxes$1,504.3$1,080.2$2,775.7$2,035.2
Provision for income taxes291.4191.4$539.9332.6
Effective tax rate19.4%17.7%19.5%16.3%

Item 1. Financial Statements (Unaudited)

FAQ

What is Arista Networks's effective tax rate?
Arista Networks (ANET) reported effective tax rate of 19.4% in Q2 2026.
How has Arista Networks's effective tax rate changed year-over-year?
Arista Networks's effective tax rate increased by 9.6% year-over-year, from 17.7% to 19.4%.
What does effective tax rate mean?
The percentage of pre-tax income paid in taxes.

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