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Arista Networks ANET International — PP&E (Net)

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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+42.5%
P/E61.4×+7.8×
P/S23.6×+1.6×

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:PropertyPlantAndEquipmentNet.

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 itemJune 30, 2026December 31, 2025
United States$287.9$184.8
International24.618.3
Total$312.5$203.1

Item 1. Financial Statements (Unaudited)

FAQ

What is Arista Networks's international — PP&E (net)?
Arista Networks (ANET) reported international — PP&E (net) of $24.6M in Q2 2026.
How has Arista Networks's international — PP&E (net) changed year-over-year?
Arista Networks's international — PP&E (net) increased by 43.9% year-over-year, from $17.1M to $24.6M.
What is the long-term trend for Arista Networks's international — PP&E (net)?
Over 4 years (2021 to 2025), Arista Networks's international — PP&E (net) has grown at a 11.8% compound annual growth rate (CAGR), from $43.48M to $68M.
What does international — PP&E (net) mean?
This metric represents the net book value of tangible assets, such as machinery, data center infrastructure, and office equipment, located outside of the company's primary domestic market. It reflects the capital investment required to support international sales, logistics, and regional operations. Tracking this balance helps investors understand the geographic footprint and the scale of physical infrastructure deployed to serve non-domestic customers.

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