Arista Networks, Inc. financial data

Symbol
ANET on NYSE
Location
5453 Great America Parkway, Santa Clara, CA
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2025 - Nov 5, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 363 % -20.9%
Quick Ratio 55 % -40%
Debt-to-equity 47.1 % +26.3%
Return On Equity 31.3 % -3.87%
Return On Assets 21.3 % -10.3%
Operating Margin 42.9 % +1.83%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.26B shares +300%
Common Stock, Shares, Outstanding 1.26B shares +300%
Entity Public Float 90.2B USD +121%
Common Stock, Value, Issued 100K USD +223%
Weighted Average Number of Shares Outstanding, Basic 1.26B shares +0.01%
Weighted Average Number of Shares Outstanding, Diluted 1.28B shares -0.41%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 8.45B USD +27.8%
Research and Development Expense 1.17B USD +27.2%
Selling and Marketing Expense 505M USD +19.8%
General and Administrative Expense 134M USD +3.49%
Operating Income (Loss) 3.62B USD +30.1%
Nonoperating Income (Expense) 379M USD +32.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 4B USD +30.3%
Income Tax Expense (Benefit) 645M USD +58.9%
Net Income (Loss) Attributable to Parent 3.36B USD +26%
Earnings Per Share, Basic 2 USD/shares +15.3%
Earnings Per Share, Diluted 2 USD/shares +15.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.33B USD -26.7%
Accounts Receivable, after Allowance for Credit Loss, Current 1.49B USD +31.7%
Inventory, Net 2.16B USD +21.8%
Other Assets, Current 435M USD +58.7%
Assets, Current 15.2B USD +39.6%
Deferred Income Tax Assets, Net 1.67B USD +26.3%
Property, Plant and Equipment, Net 173M USD +85.5%
Operating Lease, Right-of-Use Asset 52M USD -7.04%
Intangible Assets, Net (Excluding Goodwill) 56.4M USD
Goodwill 416M USD
Other Assets, Noncurrent 610M USD +177%
Assets 18B USD +40.5%
Accounts Payable, Current 481M USD +66.3%
Employee-related Liabilities, Current 148M USD +10.1%
Accrued Liabilities, Current 471M USD +45.4%
Contract with Customer, Liability, Current 3.52B USD +120%
Liabilities, Current 4.67B USD +91.7%
Contract with Customer, Liability, Noncurrent 1.17B USD +28.4%
Accrued Income Taxes, Noncurrent 117M USD +11.4%
Deferred Income Tax Liabilities, Net 0 USD
Operating Lease, Liability, Noncurrent 37.5M USD -15.6%
Other Liabilities, Noncurrent 310M USD +118%
Liabilities 6.14B USD +70.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax 7.8M USD -18.6%
Retained Earnings (Accumulated Deficit) 9.12B USD +32.8%
Stockholders' Equity Attributable to Parent 11.9B USD +28.8%
Liabilities and Equity 18B USD +40.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 642M USD +24.9%
Net Cash Provided by (Used in) Financing Activities -794M USD -1158%
Net Cash Provided by (Used in) Investing Activities -766M USD -159%
Common Stock, Shares Authorized 4B shares +300%
Common Stock, Shares, Issued 1.26B shares +300%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -917M USD -698%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.33B USD -26.7%
Deferred Tax Assets, Valuation Allowance 180M USD +22.9%
Deferred Tax Assets, Gross 1.82B USD +34.7%
Operating Lease, Liability 59.6M USD -8.97%
Depreciation 31.5M USD -6.81%
Payments to Acquire Property, Plant, and Equipment 28.4M USD +202%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 3.35B USD +24.4%
Lessee, Operating Lease, Liability, to be Paid 65.3M USD -9.29%
Property, Plant and Equipment, Gross 413M USD +35.5%
Operating Lease, Liability, Current 22.1M USD +4.91%
Lessee, Operating Lease, Liability, to be Paid, Year Two 16.8M USD -20.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 24.7M USD +3%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -107M USD -37.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.67M USD -12.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 12.2M USD -4.73%
Deferred Tax Assets, Operating Loss Carryforwards 25.9M USD -24.4%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 181M USD +11.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 8.06M USD -7.26%
Additional Paid in Capital 2.78B USD +17.4%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 159M USD +415%
Depreciation, Depletion and Amortization 13.8M USD -11.5%
Deferred Tax Assets, Net of Valuation Allowance 1.64B USD +36.1%
Share-based Payment Arrangement, Expense 407M USD +21.1%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%