Contract Liabilities
Arista Networks Contract Liabilities increased by 15.4% to $4.69B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 86.9%, from $2.51B to $4.69B. Over 4 years (FY 2020 to FY 2024), Contract Liabilities shows an upward trend with a 43.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong future revenue visibility and customer demand, while a decrease may indicate faster fulfillment or slowing sales.
Detailed definition
This represents the obligation to transfer goods or services to a customer for which the company has already received co...
Peer comparison
Common in companies with long-term service contracts or subscription-based diagnostic models; peers with high recurring revenue often show higher balances.
contract_liabilitiesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $83.35M | $87.57M | $335.73M | $1.12B | $1.03B | $941.04M | $403.81M | $1.09B | $1.08B | $1.19B | $591.00M | $1.66B | $2.12B | $2.51B | $1.06B | $3.09B | $4.06B | $4.69B |
| QoQ Change | — | +5.1% | +283.4% | +234.7% | -8.0% | -8.9% | -57.1% | +170.5% | -0.7% | +10.1% | -50.5% | +181.4% | +27.4% | +18.3% | -57.6% | +190.3% | +31.5% | +15.4% |
| YoY Change | — | — | — | — | >999% | +974.6% | +20.3% | -2.8% | +5.0% | +27.0% | +46.4% | +52.3% | +95.3% | +109.9% | +80.1% | +85.7% | +91.7% | +86.9% |
Contract Liabilities at Other Companies
Frequently Asked Questions
- What is Arista Networks's contract liabilities?
- Arista Networks (ANET) reported contract liabilities of $4.69B in Q3 2025.
- How has Arista Networks's contract liabilities changed year-over-year?
- Arista Networks's contract liabilities increased by 86.9% year-over-year, from $2.51B to $4.69B.
- What is the long-term trend for Arista Networks's contract liabilities?
- Over 4 years (2020 to 2024), Arista Networks's contract liabilities has grown at a 43.0% compound annual growth rate (CAGR), from $254.57M to $1.06B.
- What does contract liabilities mean?
- Money received from customers for products or services that have not yet been delivered.