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Arista Networks ANET Compensation and benefits

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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:ShareBasedCompensation.

The source filing: Arista Networks’s 10-Q, filed November 5, 2025.

Filed
Nov 5, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0001596532-25-000286
Line itemNine Months Ended September 30, 2025Nine Months Ended September 30, 2024
Net income$2,555.6$2,051.1
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization49.846.7
Stock-based compensation306.1254.6
Deferred income taxes(202.5)(376.7)
Other(23.5)(42.7)
Changes in operating assets and liabilities:
Accounts receivable, net(348.9)(96.5)

Item 1. Financial Statements (Unaudited)

FAQ

What is Arista Networks's compensation and benefits?
Arista Networks (ANET) reported compensation and benefits of $127.9M in Q3 2025.
How has Arista Networks's compensation and benefits changed year-over-year?
Arista Networks's compensation and benefits increased by 30.4% year-over-year, from $98.1M to $127.9M.
What does compensation and benefits mean?
Total employee-related costs including salaries, wages, bonuses, commissions, stock-based compensation, health insurance, retirement contributions, and payroll taxes.

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