ANETNYSEComputer Communications EquipmentFiscal year ends December 31

Arista Networks, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026

$182.95+5.97 (+3.37%)

Close on Oct 19, 2026

Market cap: $233.44B
P/E (TTM): 57.7
Dividend yield: –

Arista Networks, Inc. income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31
Revenue	9,006	7,003	5,860	4,381	2,948	2,318	2,411	2,151	1,646	1,129	838	584	361	193
Cost of Revenue	3,237	2,512	2,230	1,706	1,067	836	866	778	584	406	294	192	123	61
Gross Profit	5,769	4,491	3,630	2,676	1,881	1,482	1,544	1,373	1,062	723	544	392	239	132
Research & Development	1,237	997	855	728	587	487	463	442	350	274	209	149	99	55
Selling, General & Admin	675	550	518	420	369	296	276	253	242	206	185	118	74	37
Selling & Marketing	533	427	399	327	286	229	214	187	155	131	109	85	55	29
General & Administrative	142	123	119	93	83	66	62	65	87	75	76	32	19	8.50
Operating Expenses	1,913	1,547	1,373	1,149	956	782	739	1,100	591	480	394	267	172	92
Operating Income	3,856	2,945	2,257	1,527	925	700	806	273	470	243	149	126	66	40
Interest Expense	–	–	–	–	–	–	–	2.70	2.78	3.14	–	–	–	–
Interest & Investment Income	383	311	152	28	7.22	27	51	32	8.09	3.00	–	–	–	–
Other Non-Operating Income	394	321	165	55	6.14	39	56	15	4.49	-1.18	-3.30	-4.01	-7.87	-6.92
Asset Impairment Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	–
Gain (Loss) on Investments	–	–	19	27	0	–	–	–	–	–	–	–	–	–
Legal Settlements	–	–	–	–	–	0	0	-405	0	0	–	–	–	–
Pretax Income	4,250	3,265	2,422	1,582	931	739	862	289	475	242	146	122	58	33
Income Tax Expense	738	413	335	229	90	104	2.40	-39	52	58	25	35	16	12
Net Income	3,511	2,852	2,087	1,352	841	635	860	328	423	184	121	87	42	21
Net Income to Common	3,511	2,852	2,087	1,352	841	635	859	328	422	183	119	69	21	9.62
EPS (Basic)(per share)	2.79	2.27	1.69	1.10	0.69	0.52	0.71	0.27	0.37	0.17	0.11	0.09	0.05	0.02
EPS (Diluted)(per share)	2.75	2.23	1.65	1.07	0.66	0.50	0.67	0.25	0.33	0.16	0.10	0.08	0.05	0.02
Shares Outstanding (Basic, Weighted)(shares)	1,258	1,256	1,237	1,226	1,226	1,216	1,221	1,196	1,156	1,100	1,055	775	437	395
Shares Outstanding (Diluted, Weighted)(shares)	1,276	1,281	1,269	1,266	1,277	1,271	1,294	1,294	1,264	1,172	1,143	873	481	398
EBITDA	3,929	3,007	2,328	1,590	975	735	839	301	491	263	163	136	71	42

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 63.0%
Operating margin: 43.1%
Net margin: 38.4%
Return on equity, FY2025: 31.4%

Financial strength

Current ratio: 2.96
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 33.6%

Valuation

P/E ratio: 57.7
Price to sales: 22.15
Price to book: 15.78
Dividend yield: –