What is Arista Networks's deferred revenue (non-current)?

Arista Networks (ANET) reported deferred revenue (non-current) of $1.17B in Q3 2025.

How has Arista Networks's deferred revenue (non-current) changed year-over-year?

Arista Networks's deferred revenue (non-current) increased by 28.4% year-over-year, from $907.74M to $1.17B.

What is the long-term trend for Arista Networks's deferred revenue (non-current)?

Over 4 years (2020 to 2024), Arista Networks's deferred revenue (non-current) has grown at a 43.0% compound annual growth rate (CAGR), from $254.57M to $1.06B.

What does deferred revenue (non-current) mean?

Money collected today for products or services that won't be fully delivered for at least another year.

Discontinued — last reported Q3 '18

Deferred Revenue (Non-Current)

Non-Current Liabilities

Arista Networks Deferred Revenue (Non-Current) decreased by 8.5% to $1.17B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 28.4%, from $907.74M to $1.17B. Over 4 years (FY 2020 to FY 2024), Deferred Revenue (Non-Current) shows an upward trend with a 43.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Liabilities

CategoryGrowth

SignalHigher is better

VolatilityStable

First reportedQ3 2015

Last reportedQ3 2018

How to read this metric

An increase suggests strong future revenue visibility and cash flow, while a decrease may indicate a slowdown in long-term service sales or the fulfillment of previous obligations.

Detailed definition

Represents payments received from customers for products or services that will be recognized as revenue more than one ye...

Peer comparison

Common in software-as-a-service (SaaS) and hardware companies with long-term service contracts or subscription models.

Metric ID: deferred_revenue_non_current

Historical Data

18 periods

	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	$263.98M	$289.09M	$335.73M	$345.31M	$335.73M	$333.86M	$403.81M	$420.57M	$460.70M	$496.08M	$591.00M	$665.33M	$789.34M	$907.74M	$1.06B	$1.02B	$1.27B	$1.17B
QoQ Change	—	+9.5%	+16.1%	+2.9%	-2.8%	-0.6%	+21.0%	+4.2%	+9.5%	+7.7%	+19.1%	+12.6%	+18.6%	+15.0%	+17.2%	-4.5%	+25.4%	-8.5%
YoY Change	—	—	—	—	+27.2%	+15.5%	+20.3%	+21.8%	+37.2%	+48.6%	+46.4%	+58.2%	+71.3%	+83.0%	+80.1%	+52.7%	+61.4%	+28.4%

Range$263.98M – $1.27B

CAGR+41.8%

Avg YoY Growth+46.6%

Median YoY Growth+47.5%

Frequently Asked Questions

What is Arista Networks's deferred revenue (non-current)?: Arista Networks (ANET) reported deferred revenue (non-current) of $1.17B in Q3 2025.
How has Arista Networks's deferred revenue (non-current) changed year-over-year?: Arista Networks's deferred revenue (non-current) increased by 28.4% year-over-year, from $907.74M to $1.17B.
What is the long-term trend for Arista Networks's deferred revenue (non-current)?: Over 4 years (2020 to 2024), Arista Networks's deferred revenue (non-current) has grown at a 43.0% compound annual growth rate (CAGR), from $254.57M to $1.06B.
What does deferred revenue (non-current) mean?: Money collected today for products or services that won't be fully delivered for at least another year.