What is Arista Networks's revenue?

Arista Networks (ANET) generated $9.7B in revenue over the trailing twelve months, up 30.6% year over year.

Is Arista Networks profitable?

Arista Networks reported $3.7B in net income over the trailing twelve months, a 38.3% net margin.

What are Arista Networks's profit margins?

Gross margin is 63.5% and operating margin is 42.8%, with a 38.3% net margin.

What is Arista Networks's earnings per share?

Arista Networks's diluted EPS over the trailing twelve months is $2.92.

Where does Arista Networks's income statement data come from?

Every line is extracted from Arista Networks's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Arista Networks ANET Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$9.71B+7.8%	$9.01B+6.6%	$8.45B+6.3%	$7.95B+6.9%	$7.44B+6.2%
Total cost of revenue	$3.54B+9.4%	$3.24B+7.5%	$3.01B+5.9%	$2.84B+6.5%	$2.67B+6.3%
Gross profit	$6.17B+6.9%	$5.77B+6.1%	$5.44B+6.4%	$5.11B+7.2%	$4.77B+6.1%
Gross margin	63.5%-0.5pp	64.1%-0.3pp	64.3%+0.1pp	64.2%+0.1pp	64.1%0.0pp
Research and development	$1.31B+6.2%	$1.24B+5.4%	$1.17B+8.3%	$1.08B+2.7%	$1.05B+5.8%
Selling and marketing	$558.4M+4.7%	$533.4M+5.6%	$505.3M+9.6%	$460.9M+5.0%	$438.8M+2.7%
General and administrative	$141.3M-0.4%	$141.9M+6.0%	$133.9M+0.8%	$132.9M+2.9%	$129.2M+5.4%
Depreciation and amortization	$82.1M+13.1%	$72.6M+11.5%	$65.1M+13.2%	$57.5M-4.5%	$60.2M-2.9%
Total operating expenses	$2.01B+5.3%	$1.91B+5.5%	$1.81B+8.1%	$1.68B+3.4%	$1.62B+4.9%
Operating income	$4.16B+7.8%	$3.86B+6.4%	$3.62B+5.6%	$3.43B+9.1%	$3.14B+6.7%
Operating margin	42.8%0.0pp	42.8%-0.1pp	42.9%-0.3pp	43.1%+0.9pp	42.3%+0.2pp
Other income (expense), net	$411M+4.4%	$393.6M+4.0%	$378.5M+0.3%	$377.2M+6.6%	$354M+10.5%
Income before income taxes	$4.57B+7.4%	$4.25B+6.2%	$4B+5.1%	$3.81B+8.9%	$3.5B+7.1%
Income tax expense	$845.6M+14.5%	$738.3M+14.5%	$644.7M+16.1%	$555.5M+18.4%	$469.1M+13.6%
Net income	$3.72B+6.0%	$3.51B+4.6%	$3.36B+3.2%	$3.25B+7.4%	$3.03B+6.2%
Net margin	38.3%-0.7pp	39%-0.7pp	39.7%-1.2pp	40.9%+0.2pp	40.7%0.0pp
Diluted earnings per share	$2.92+5.8%	$2.76+4.5%	$2.64+3.5%	$2.55+7.6%	$2.37+6.3%
Basic earnings per share	$2.96+5.7%	$2.80+4.5%	$2.68+3.5%	$2.59+7.5%	$2.41+6.2%
Weighted-average shares, diluted	5.1B-0.1%	5.1B-0.1%	5.1B-0.1%	5.1B-0.2%	5.1B0.0%
Weighted-average shares, basic	5B0.0%	5B0.0%	5B0.0%	5B0.0%	5B+0.2%
Contract Liabilities Recognized	——	——	——	——	——
Revenue Deferral Current Period	——	——	——	——	——
Revenue Recognized from Contract Liability	——	——	——	——	——
Total stock-based compensation	——	——	——	——	——
Effective Tax Rate	——	——	——	——	——
Capital Expenditures	——	——	——	——	——
Change in Accounts Receivable	——	——	——	——	——
Change in Deferred Revenue	$2.98B+21.6%	$2.45B+19.6%	$2.05B+13.0%	$1.81B+27.2%	$1.43B+10.9%
Change in foreign currency translation	——	——	——	——	——
Change in Other Current Assets	$1.12B+19.7%	$937.4M+25.9%	$744.8M+36.7%	$544.8M+41.1%	$386M+64.8%
Change in Other Liabilities	$252.5M+111%	$119.4M-19.1%	$147.6M—	——	——
Issuance of Common Stock (Employee Equity Plans)	——	——	——	——	——
OCI Reclassification Adjustment for Sale of Securities	——	——	——	——	——
Share-Based Payment Tax Withholding Decrease	——	——	——	——	——
Tax Withholding for Share-Based Payments	$41.9M-17.0%	$50.5M-8.5%	$55.2M-10.5%	$61.7M-8.9%	$67.7M+15.9%
Share-Based Payment Arrangement, Decrease for Tax Withholding Obligation	——	——	——	——	——
Share-based compensation expense related to employee stock plans	——	——	——	——	——
Pre-tax stock-based compensation cost	——	——	——	——	——
Stock options excluded as their inclusion would be anti-dilutive (in shares)	——	——	——	——	——
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation	——	——	——	——	——
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	——	——	——	——	——
Deferred taxes	——	——	——	-$602.3M-15.3%	-$522.2M-5.9%
Effect of exchange rate changes on cash, cash equivalents and restricted cash	——	——	——	——	——
Effective tax rates	——	——	——	——	——
Accounts payable	——	——	——	——	——
Increase (Decrease) in Accounts Receivable	——	——	——	——	——
Increase (decrease) in contract liabilities and current deferred income	$2.98B+21.6%	$2.45B+19.6%	$2.05B+13.0%	$1.81B+27.2%	$1.43B+10.9%
Income taxes	——	——	——	——	——
Increase (Decrease) in Inventories	$422.8M+2.5%	$412.5M—	——	——	——
Increase (Decrease) in Other Current Assets	$1.12B+19.7%	$937.4M+25.9%	$744.8M+36.7%	$544.8M+41.1%	$386M+64.8%
Other liabilities	$252.5M+111%	$119.4M-19.1%	$147.6M—	——	——
Add - Incremental shares under stock-based compensation plans (in shares)	——	——	——	——	——
Interest Income, Other	——	——	——	——	——
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	-$822.7M+49.1%	-$1.62B-44.2%	-$1.12B+4.7%	-$1.18B-2.1%	-$1.15B-173%
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	-$3.68B-2.8%	-$3.58B+8.0%	-$3.89B-26.4%	-$3.07B-5.0%	-$2.93B-19.1%
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	$5.42B+24.1%	$4.37B+5.6%	$4.14B+2.3%	$4.05B+5.5%	$3.84B+3.4%
Number of reportable segments	——	——	——	——	——
Foreign currency translation	——	——	——	——	——
Other comprehensive income/(loss)	——	——	——	——	——
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax	——	——	——	——	——
Net unrealized gains (losses) on securities still held	——	——	——	——	——
Other Nonoperating Gains Losses	——	——	——	——	——
All other operating activities	-$18.4M+32.1%	-$27.1M+21.2%	-$34.4M+38.7%	-$56.1M+3.1%	-$57.9M-8.0%
Payment for (Proceeds from) Other Investing Activity	-$19.9M-33.6%	-$14.9M—	——	——	——
Payments for Repurchase of Common Stock	$816M-49.1%	$1.6B+44.8%	$1.11B-5.6%	$1.17B+2.1%	$1.15B+171%
Payment, Tax Withholding, Share-Based Payment Arrangement	$41.9M-17.0%	$50.5M-8.5%	$55.2M-10.5%	$61.7M-8.9%	$67.7M+15.9%
Payments to Acquire Marketable Securities	——	——	——	——	——
Payments to Acquire Property, Plant, and Equipment	——	——	——	——	——
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options	$59.5M+3.1%	$57.7M-6.3%	$61.6M+8.1%	$57M-9.8%	$63.2M+5.0%
Financing — other	——	——	——	——	——
Proceeds from maturities of marketable securities	——	——	——	——	——
Sale of investments	$512.4M+255%	$144.3M+219%	$45.3M+62.4%	$27.9M+34.1%	$20.8M-57.4%
Revenue From Contract With Customer Excluding Assessed Tax	$9.71B+7.8%	$9.01B+6.6%	$8.45B+6.3%	$7.95B+6.9%	$7.44B+6.2%
Stock-based compensation	$467.1M+6.4%	$439.2M+7.9%	$406.9M+7.9%	$377.1M+1.6%	$371.2M+4.4%
Stock Issued During Period Value Share Based Compensation Gross	——	——	——	——	——
Value of shares repurchased	——	——	——	——	——
Stockholders' Equity, Other	——	——	——	——	——
EBITDA	$4.24B+7.9%	$3.93B+6.5%	$3.69B+5.7%	$3.49B+8.9%	$3.2B+6.5%
EBITDA margin	43.6%0.0pp	43.6%0.0pp	43.7%-0.2pp	43.9%+0.8pp	43.1%+0.1pp
EBIT	$4.16B+7.8%	$3.86B+6.4%	$3.62B+5.6%	$3.43B+9.1%	$3.14B+6.7%

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Questions, answered.

What is Arista Networks's revenue?: Arista Networks (ANET) generated $9.7B in revenue over the trailing twelve months, up 30.6% year over year.
Is Arista Networks profitable?: Arista Networks reported $3.7B in net income over the trailing twelve months, a 38.3% net margin.
What are Arista Networks's profit margins?: Gross margin is 63.5% and operating margin is 42.8%, with a 38.3% net margin.
What is Arista Networks's earnings per share?: Arista Networks's diluted EPS over the trailing twelve months is $2.92.
Where does Arista Networks's income statement data come from?: Every line is extracted from Arista Networks's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.