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Arista Networks Inc

NYSE•ANET
CEO: Ms. Jayshree V. Ullal
Sector: Technology
Industry: Computer Hardware
Listing Date: 2014-06-06
Arista Networks Inc engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications. The company offers data center and cloud networking systems, including newer artificial intelligence (AI) ethernet switching platforms; campus wired and wireless products, and routing systems addressing Core Routing, Edge Routing, Data Center Interconnect (DCI), Multi-cloud and Wide Area Networking (WAN) use cases; and a suite of value-add software solutions that leverage EOS to provide end-to-end orchestration, automation, analytics, network monitoring, and security. It also provides post contract customer support services, such as technical support, hardware repair and replacement parts beyond standard warranty, bug fixes, patches, and upgrade services. The company serves a range of industries comprising internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, telecommunication service providers, and others. It markets and sells its products through distributors, system integrators, value-added resellers, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks Inc in October 2008. Arista Networks Inc was incorporated in 2004 and is headquartered in Santa Clara, California.
Contact Information
5453 Great America Parkway, Santa Clara, CA, 95054, United States
408-547-5500
www.arista.com
Market Cap
$168.20B
P/E (TTM)
47.8
37.9
Dividend Yield
--
52W High
$164.94
52W Low
$59.43
52W Range
70%
Rank30Top 19.5%
5.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$2.49B+0.00%
4-Quarter Trend

EPS

$0.76+0.00%
4-Quarter Trend

FCF

$1.22B+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Total Revenue Strong Growth Total revenue reached $9,006M USD, marking a strong 28.8% increase over prior year results for fiscal 2025.
Net Income Increased Substantially Net income grew substantially to $3,511M USD, reflecting strong operational leverage while maintaining 64.1% gross margin.
Operating Cash Flow Robust Cash provided by operating activities totaled $4,372M USD, supporting increased investment and significant capital deployment.
Aggressive Stock Repurchase Program Executed $1,603M USD in common stock repurchases during 2025, funded by working capital, demonstrating capital return focus.

Risk Factors

Reliance on Key Component Vendor Primary reliance on predominant merchant silicon vendor creates risk of supply shortages and extended lead times impacting product delivery.
Customer Concentration Revenue Risk Large purchases by limited customers represent substantial revenue portion; loss or delay impacts financial forecasts materially.
Macroeconomic and Trade Uncertainty Escalating U.S. tariffs and foreign countermeasures create uncertainty, potentially increasing production costs and negatively affecting gross margins.
Intense Competition and Market Evolution Rapidly evolving networking market, especially AI segment, faces intense competition, potentially leading to pricing pressure and market share loss.

Outlook

Unified Data-Driven Strategy Strategy pivots to unified data-driven approach across AI Centers, Data Centers, Campus, and WAN networking domains for seamless service.
Increased R&D Investment Focus Continued investment in R&D, increasing 24.1% to $1,237M USD, focused on expanding cloud platform and core AI capabilities.
Expanding Sales and Channel Reach Plans include expanding global sales force and deepening channel partnerships to reach new customers effectively in enterprise and AI markets.

Peer Comparison

Revenue (TTM)

SONY stock ticker logoSONY
$81.20B
-9.1%
INTC stock ticker logoINTC
$52.85B
-0.5%
UBER stock ticker logoUBER
$52.02B
+18.3%

Gross Margin (Latest Quarter)

APP stock ticker logoAPP
88.9%
+2.0pp
INTU stock ticker logoINTU
78.9%
+3.9pp
NOW stock ticker logoNOW
76.6%
-2.0pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
AMAT$271.04B34.538.9%19.1%
LRCX$264.99B43.062.6%21.0%
INTC$228.62B-832.4-0.3%22.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
7.5%
Steady Growth
4Q Net Income CAGR
5.5%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:May 4, 2026
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Financials
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News
Income Statement
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LTM
No Data