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Arista Networks ANET Product — Revenue, remaining performance obligation, amount

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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$242.56B+39.2%
P/E60×+6.4×
P/S23×+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:RevenueRemainingPerformanceObligation.

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

Other performance obligations totaling $1.3 billion as of June 30, 2026 include unbilled multi-year PCS and service contract amounts of $427.8 million, and $875.1 million of binding contractual agreements with certain customers that are primarily related to future product shipments.

Item 1. Financial Statements (Unaudited)

FAQ

What is Arista Networks's product — revenue, remaining performance obligation, amount?
Arista Networks (ANET) reported product — revenue, remaining performance obligation, amount of $1.3B in Q2 2026.
How has Arista Networks's product — revenue, remaining performance obligation, amount changed year-over-year?
Arista Networks's product — revenue, remaining performance obligation, amount increased by 193.9% year-over-year, from $442.3M to $1.3B.
What is the long-term trend for Arista Networks's product — revenue, remaining performance obligation, amount?
Over 2 years (2023 to 2025), Arista Networks's product — revenue, remaining performance obligation, amount has grown at a -25.9% compound annual growth rate (CAGR), from $3.34B to $1.83B.
What does product — revenue, remaining performance obligation, amount mean?
This metric represents the total transaction price allocated to performance obligations that are unsatisfied or partially unsatisfied as of the reporting date. It reflects the value of contracted hardware and service commitments that the company expects to recognize as revenue in future periods. This serves as a key forward-looking indicator of the company's sales backlog and long-term revenue visibility.

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