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Arista Networks ANET Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin256.2%-0.6pp256.7%-0.1pp256.8%-0.1pp256.9%+0.2pp256.6%+1.1pp
Operating margin171.6%+0.5pp171.1%+0.8pp170.3%+0.8pp169.6%+1.9pp167.7%+2.3pp
Net margin157.9%-2.4pp160.3%-1.7pp162.1%-0.6pp162.6%+1.9pp160.7%+3.1pp
Returns
Return on equity128.3%-2.2pp130.5%-1.7pp132.2%-2.1pp134.3%-0.8pp135.1%-1.0pp
Efficiency
Asset turnover2.2×-0.1×2.2×0.0×2.3×-0.1×2.3×-0.1×2.4×-0.1×
Liquidity
Current ratio12.5×-1.1×13.6×-1.3×14.9×-1.2×16.1×-1.2×17.3×-1.1×
Per Share
Book value per share$38.19+7.5%$35.51+5.6%$33.62+6.7%$31.50+6.7%$29.51+6.4%
Valuation
Market capitalization$621.69B+10.0%$565.13B+4.8%$539.37B+13.1%$476.81B+2.0%$467.36B+1.5%
Price / earnings179.7×+9.2×170.5×-1.8×172.3×+9.3×163×-7.9×170.9×-7.3×
Price / sales70.9×+2.7×68.1×-1.6×69.7×+3.4×66.3×-2.4×68.7×-1.8×
Price / book51.1×+1.8×49.3×-0.6×49.9×+2.3×47.6×-2.1×49.7×-1.9×

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Questions, answered.

What are Arista Networks's profit margins?
Arista Networks (ANET) runs a 63.5% gross margin and a 42.8% operating margin, with a 38.3% net margin.
Where do Arista Networks's ratios come from?
Every ratio is computed from Arista Networks's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.