Arista Networks, Inc. financial data

Symbol
ANET on NYSE
Location
Santa Clara, CA
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 17 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 333% % -27%
Quick Ratio 49% % -40%
Debt-to-equity 51% % 35%
Return On Equity 31% % -3.4%
Return On Assets 20% % -12%
Operating Margin 43% % 1.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1,256,537,906 shares -0.36%
Common Stock, Shares, Outstanding 1,256,500,000 shares -0.38%
Entity Public Float $105,600,000,000 USD 17%
Common Stock, Value, Issued $100,000 USD 0%
Weighted Average Number of Shares Outstanding, Basic 1,258,000,000 shares 0.14%
Weighted Average Number of Shares Outstanding, Diluted 1,275,700,000 shares -0.42%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $9,005,700,000 USD 29%
Research and Development Expense $1,237,300,000 USD 24%
Selling and Marketing Expense $533,400,000 USD 25%
General and Administrative Expense $141,900,000 USD 16%
Operating Income (Loss) $3,856,100,000 USD 31%
Nonoperating Income (Expense) $393,600,000 USD 23%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $4,249,700,000 USD 30%
Income Tax Expense (Benefit) $738,300,000 USD 79%
Net Income (Loss) Attributable to Parent $3,511,400,000 USD 23%
Earnings Per Share, Basic 2.79 USD/shares 23%
Earnings Per Share, Diluted 2.75 USD/shares 23%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $1,963,900,000 USD -29%
Accounts Receivable, after Allowance for Credit Loss, Current $1,886,900,000 USD 65%
Inventory, Net $2,247,100,000 USD 22%
Other Assets, Current $434,988,000 USD 59%
Assets, Current $16,387,000,000 USD 38%
Deferred Income Tax Assets, Net $1,773,600,000 USD 23%
Property, Plant and Equipment, Net $203,100,000 USD 106%
Operating Lease, Right-of-Use Asset $51,956,000 USD -7%
Intangible Assets, Net (Excluding Goodwill) $56,400,000 USD
Goodwill $416,100,000 USD 55%
Other Assets, Noncurrent $668,800,000 USD 106%
Assets $19,448,600,000 USD 38%
Accounts Payable, Current $651,700,000 USD 71%
Employee-related Liabilities, Current $147,847,000 USD 10%
Accrued Liabilities, Current $475,400,000 USD 9.2%
Contract with Customer, Liability, Current $4,002,600,000 USD 132%
Liabilities, Current $5,376,500,000 USD 97%
Contract with Customer, Liability, Noncurrent $1,369,800,000 USD 29%
Accrued Income Taxes, Noncurrent $116,604,000 USD 11%
Operating Lease, Liability, Noncurrent $37,499,000 USD -16%
Other Liabilities, Noncurrent $331,800,000 USD 31%
Liabilities $7,078,100,000 USD 75%
Accumulated Other Comprehensive Income (Loss), Net of Tax $12,000,000 USD
Retained Earnings (Accumulated Deficit) $9,446,600,000 USD 25%
Stockholders' Equity Attributable to Parent $12,370,500,000 USD 24%
Liabilities and Equity $19,448,600,000 USD 38%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $641,700,000 USD 25%
Net Cash Provided by (Used in) Financing Activities $793,800,000 USD -1158%
Net Cash Provided by (Used in) Investing Activities $765,900,000 USD -159%
Common Stock, Shares Authorized 4,000,000,000 shares 0%
Common Stock, Shares, Issued 1,256,500,000 shares -0.38%
Common Stock, Par or Stated Value Per Share 0.0001 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $917,300,000 USD -698%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $1,965,300,000 USD -29%
Deferred Tax Assets, Valuation Allowance $195,800,000 USD 8.9%
Deferred Tax Assets, Gross $2,166,700,000 USD 19%
Operating Lease, Liability $59,642,000 USD -9%
Depreciation $30,900,000 USD -9.1%
Payments to Acquire Property, Plant, and Equipment $28,400,000 USD 202%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $3,536,600,000 USD 24%
Lessee, Operating Lease, Liability, to be Paid $90,500,000 USD 39%
Property, Plant and Equipment, Gross $451,800,000 USD 42%
Operating Lease, Liability, Current $22,143,000 USD 4.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two $16,766,000 USD -21%
Lessee, Operating Lease, Liability, to be Paid, Year One $22,100,000 USD -11%
Deferred Income Tax Expense (Benefit) $107,100,000 USD -38%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $5,665,000 USD -13%
Lessee, Operating Lease, Liability, to be Paid, Year Three $12,238,000 USD -4.7%
Deferred Tax Assets, Operating Loss Carryforwards $19,700,000 USD -24%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100,000,000 shares 0%
Unrecognized Tax Benefits $191,700,000 USD 5.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four $8,063,000 USD -7.3%
Additional Paid in Capital $2,911,800,000 USD 18%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $25,710,000 USD -16%
Depreciation, Depletion and Amortization $13,800,000 USD -12%
Deferred Tax Assets, Net of Valuation Allowance $1,970,900,000 USD 20%
Share-based Payment Arrangement, Expense $439,200,000 USD 24%
Preferred Stock, Par or Stated Value Per Share 0.0001 USD/shares 0%