Income StatementBalance SheetCash FlowSegments
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Arista Networks Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Arista Networks holds $21.7B in total assets. Cash and equivalents total $2.8B. The current ratio is 2.83. Based on the Q1 2026 filing.

Total Assets$21.7BTotal Stockholders Equity$13.5BCash And Equivalents$2.8BTotal Current Assets$18.6BTotal Current Liabilities$6.6B
Latest FilingQ1 2026
Report Date2026-05-06
Market Cap$193.95B
P/E Ratio52.13
ROE31.52%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$381.1M$389.1M$543.9M$481.0M$651.7M$608.4M
Accrued Progress Collections and Price Adjustments$1.1B$1.0B$1.3B$1.2B$1.4B$1.3B
Other Commercial Liabilities$435.3M$263.1M$380.7M$471.0M$475.4M$441.5M
Accrued Liabilities, Current$435.3M$263.1M$380.7M$471.0M$475.4M$441.5M
Other accrued liabilities$188.5M$147.6M$339.2M$193.9M$246.8M$600.7M
Deferred revenue$1.7B$2.1B$2.8B$3.5B$4.0B$4.9B
Total current liabilities$2.7B$3.1B$4.1B$4.7B$5.4B$6.6B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$1.1B$1.4B$1.6B$1.5B$1.9B$1.9B
AFS and Trading Securities - Unrealized Loss Position (>=12 Months)—$2.8M$0.0$77.7M—$16.0M
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value—$2.2B$2.3B$2.1B—$5.6B
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Fair Value—$2.8M$0.0$77.7M—$16.0M
AFS and Trading Securities - Unrealized Loss Position Fair Value—$2.2B$2.3B$2.2B—$5.6B
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value—$2.2B$2.3B$2.1B—$5.6B
Cash and cash equivalents$2.8B$1.8B$2.2B$2.3B$2.0B$2.8B
Available For Sale Securities Debt Securities Current$5.5B$6.3B$6.6B$7.8B$8.8B$9.6B
Finished goods$1.3B$1.4B$1.5B$1.5B$1.6B$1.6B
Raw materials$565.4M$576.2M$601.2M$650.6M$611.2M$811.1M
Inventories$1.8B$2.0B$2.1B$2.2B$2.2B$2.4B
Short-term investments$5.5B$6.3B$6.6B$7.8B$8.8B$9.6B
Total current assets$11.9B$12.3B$13.5B$15.2B$16.4B$18.6B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$2.5B$2.6B$2.6B$2.8B$2.9B$3.0B
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Accumulated Loss—$0.0$0.0$100.0K—$0.0
Accumulated other comprehensive income (loss)-$13.2M-$1.9M$3.8M$7.8M$12.0M-$19.3M
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March&#160;31, 2026 and December&#160;31, 2025, respectively$100.0K$100.0K$100.0K$100.0K$100.0K$100.0K
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0.0$0.0$0.0$0.0$0.0$0.0
Investments - Gross Unrealized Losses—$2.2B$2.3B$2.2B—$5.6B
Retained earnings$7.5B$7.6B$8.3B$9.1B$9.4B$10.5B
Share Repurchase Program - Amount Remaining—————$817.9M
Total liabilities and stockholders' equity$14.0B$14.5B$16.5B$18.0B$19.4B$21.7B
Total stockholders' equity$10.0B$10.1B$10.9B$11.9B$12.4B$13.5B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Contract Liabilities, Non-Current$1.1B$1.0B$1.3B$1.2B$1.4B$1.3B
Debt Maturity - 1 to 3 Years—$3.8B$4.0B$4.9B—$6.1B
Deferred revenue, net of current portion$1.1B$1.0B$1.3B$1.2B$1.4B$1.3B
Other non-current liabilities$252.8M$257.8M$307.1M$309.6M$331.8M$320.1M
Total liabilities$4.0B$4.4B$5.6B$6.1B$7.1B$8.2B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cumulative Cost Basis$318.2M$351.3M$385.7M$413.4M$451.8M$506.7M
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax$13.5M$5.2M$3.6M$2.8M$1.5M$19.5M
Gross Unrealized Gains$8.7M$14.3M$17.0M$23.1M$27.5M$8.1M
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One—$2.5B$2.6B$2.9B—$3.5B
Available for sale investments—$6.3B$6.6B$7.8B—$9.6B
Cash, Cash Equivalents And Available-For-Sale Debt Securities, Amortized Cost$5.6B$6.6B$6.7B$7.9B$8.9B$9.7B
Fair Value$5.6B$6.7B$6.8B$7.9B$8.9B$9.7B
Common stock, par value (in dollars per share)$0.00$0.00$0.00$0.00$0.00$0.00
Common stock, shares authorized (in shares)4B4B4B4B4B4B
Common stock, shares issued (in shares)1.3B1.3B1.3B1.3B1.3B1.3B
Common Stock, Shares, Outstanding1.3B1.3B1.3B1.3B1.3B1.3B
Contract with Customer, Liability$2.8B$3.1B$4.1B$4.7B$5.4B$6.2B
Contract liabilities$160.8M$160.5M$188.1M$186.8M$250.1M$273.7M
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss—$0.0$0.0$100.0K—$0.0
Less than 12 months—$2.2B$2.3B$2.1B—$5.6B
12 months or more—$2.8M$0.0$77.7M—$16.0M
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss—$5.2M$3.6M$2.7M—$19.5M
Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss—$5.2M$3.6M$2.8M—$19.5M
Debt Securities, Available-for-Sale, Unrealized Loss Position—$2.2B$2.3B$2.2B—$5.6B
Other contract costs————$1.2B$1.5B
Unrecognized compensation cost related to non-vested awards—————$1.5B
2030 and thereafter——$116.1M$116.1M—$92.5M
Finite-Lived Intangible Assets, Accumulated Amortization$159.9M$165.5M——$201.5M$216.8M
2028—$13.4M$57.4M$57.4M—$54.0M
Remainder of 2026—$14.1M$31.1M$15.3M—$46.0M
2027—$17.3M$61.2M$61.3M—$57.4M
2029—$10.0M$54.0M$54.0M—$23.6M
Gross Carrying Amount$221.9M$221.9M$490.3M$490.3M$490.3M$490.3M
Investments Fair Value Disclosure————$8.8B$9.6B
Other financial assets————$1.4M$1.4M
Preferred Stock, Par or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00
Preferred Stock, Shares Authorized100M100M100M100M100M100M
Preferred Stock, Shares Issued000000
Preferred Stock, Shares Outstanding000000
Purchase Commitment, Remaining Minimum Amount Committed—$3.5B$3.6B$4.8B—$8.9B
Revenue, remaining performance obligation including contract liabilities, deferred revenue and other performance obligations, amount—————$7.7B
RPO percentage—————91.0%
Share Repurchase Program, Authorized, Amount——$1.5B———
Share Repurchase Program, Remaining Authorized, Amount—————$817.9M
Purchase Commitments - Due Next Year—————$7.6B
Purchase Commitments - Due Thereafter—$500.0M$500.0M$500.0M—$1.3B
Remainder of Fiscal Year 2024—$14.1M$31.1M$15.3M—$46.0M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred Tax Assets and Other Non-Current Assets$325.3M$245.2M$659.4M$609.8M$668.8M$546.2M
Goodwill$268.5M$268.5M$416.5M$416.2M$416.1M$416.1M
Deferred tax assets$1.4B$1.5B$1.8B$1.7B$1.8B$1.9B
Intangible assets &#8212; net$62.0M$56.4M$319.8M$304.1M$288.8M$273.5M
Other non-current assets$325.3M$245.2M$659.4M$609.8M$668.8M$546.2M
Property, plant and equipment at cost$318.2M$351.3M$385.7M$413.4M$451.8M$506.7M
Accumulated depreciation$219.4M$227.4M$233.4M$240.8M$248.7M$256.4M
Property and equipment, net$98.8M$123.9M$152.3M$172.6M$203.1M$250.3M
Software and Technology Licenses, Net$325.3M$245.2M$659.4M$609.8M$668.8M$546.2M
Total assets$14.0B$14.5B$16.5B$18.0B$19.4B$21.7B