Deferred Revenue
Arista Networks Deferred Revenue increased by 26.3% to $3.52B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 120.1%, from $1.60B to $3.52B. Over 4 years (FY 2020 to FY 2024), Deferred Revenue shows an upward trend with a 44.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong sales of subscription-based services or bundled offerings, providing a predictable pipeline for future revenue recognition.
Detailed definition
Represents cash payments received from customers in advance of the company fulfilling its performance obligations, speci...
Peer comparison
High-growth software and services companies typically maintain larger deferred revenue balances relative to pure hardware manufacturers.
deferred_revenue_currentHistorical 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 | $746.09M | $1.13B | $593.58M | $1.40B | $1.31B | $1.22B | $637.43M | $1.30B | $1.30B | $1.60B | $915.20M | $997.91M | $1.33B | $1.60B | $1.73B | $2.07B | $2.79B | $3.52B |
| QoQ Change | — | +51.6% | -47.5% | +136.2% | -6.3% | -7.1% | -47.8% | +103.9% | +0.0% | +23.1% | -42.8% | +9.0% | +33.2% | +20.3% | +8.0% | +20.0% | +34.5% | +26.3% |
| YoY Change | — | — | — | — | +76.0% | +7.9% | +7.4% | -7.3% | -1.0% | +31.1% | +43.6% | -23.2% | +2.3% | -0.0% | +88.7% | +107.7% | +109.7% | +120.1% |
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Arista Networks's deferred revenue?
- Arista Networks (ANET) reported deferred revenue of $3.52B in Q3 2025.
- How has Arista Networks's deferred revenue changed year-over-year?
- Arista Networks's deferred revenue increased by 120.1% year-over-year, from $1.60B to $3.52B.
- What is the long-term trend for Arista Networks's deferred revenue?
- Over 4 years (2020 to 2024), Arista Networks's deferred revenue has grown at a 44.5% compound annual growth rate (CAGR), from $396.26M to $1.73B.
- What does deferred revenue mean?
- Money collected from customers for products or services that haven't been delivered yet but will be within a year.