Arista Networks (ANET) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system that runs a single ima...
Arista Networks's revenue increased 28.6% year over year, from $7.00B to $9.01B.
Net income increased 23.1% over the same period, from $2.85B to $3.51B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 698% in total.
The debt-to-equity ratio stands at 0.01, indicating a conservative leverage profile.
Operating cash flow grew 17.9% to $4.37B.
Arista Networks maintains a strong net profit margin of 39.0%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $1.81B+7.1% | $747.9M | $1.16B | $785.3M | $1.17B | $12.85B | N/A | $9.25B |
| Q4 FY2024 | $1.93B+6.6% | $801.0M | $1.23B | $799.7M | $1.03B | $14.04B | N/A | $9.99B |
| Q1 FY2025 | $2.00B+3.9% | $813.8M | $1.28B | $858.8M | $641.7M | $14.51B | N/A | $10.12B |
| Q2 FY2025 | $2.20B+10.0% | $888.8M | $1.44B | $986.2M | $1.20B | $16.53B | N/A | $10.90B |
| Q3 FY2025 | $2.31B+4.7% | $853.0M | $1.49B | $978.2M | $1.27B | $18.05B | N/A | $11.91B |
| Q4 FY2025 | $2.49B+7.8% | $955.8M | $1.56B | $1.03B | $1.26B | $19.45B | $90.5M | $12.37B |
| Q1 FY2026 | $2.71B+8.9% | $1.02B | $1.68B | $1.16B | $1.69B | N/A | N/A | N/A |
| Q2 FY2026 | $3.04B+12.1% | $1.21B | $1.91B | $1.38B | $1.08B | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
Arista Networks (ANET) Financial Statements & Revenue History
Arista Networks (ANET) is a US-listed stock operating in the Technology sector, specifically the Computer Communications Equipment industry trading at $176.00 with a market capitalization of $222. This page provides 42 historical financial statements for Arista Networks, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Arista Networks reported revenue of $9.0 billion, representing 28.6% year-over-year growth. The net profit margin of 39.0% reflects strong profitability. The debt-to-equity ratio of 0.01 shows conservative leverage.
ANET Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Arista Networks's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether ANET is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track ANET's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Arista Networks converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of ANET's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use ANET Financial Data
Investors use Arista Networks's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare ANET's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how ANET's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View ANET's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Arista Networks's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.ANET trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.