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 statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Computer Communications Equipment companies for comparison
Valuation
| Measure | Arista Networks | Industry median |
|---|---|---|
| Market Cap | $230.74B | $1.13B |
| Enterprise Value | $217.40B | $1.34B |
| PE Ratio | 57.71 | 29.21 |
| PS Ratio | 21.89 | 2.23 |
| PB Ratio | 15.59 | 2.74 |
| P/TBV Ratio | 16.34 | 3.84 |
| P/FCF Ratio | 44.76 | 22.36 |
| P/OCF Ratio | 43.48 | 17.09 |
Enterprise value
| Measure | Arista Networks | Industry median |
|---|---|---|
| EV / Sales | 20.62 | 2.17 |
| EV / EBITDA | 46.86 | 16.91 |
| EV / EBIT | 47.81 | 20.70 |
| EV / FCF | 42.17 | 24.03 |
Income (trailing twelve months)
| Measure | Arista Networks | Industry median |
|---|---|---|
| Revenue | $10.54B | $866.07M |
| Gross Profit | $6.64B | $317.63M |
| Operating Income | $4.55B | $33.78M |
| Pretax Income | $4.99B | $61.14M |
| Net Income | $4.04B | $20.20M |
| EBITDA | $4.64B | $59.87M |
| EPS (Diluted) | $3.17 | $0.70 |
Margins
| Measure | Arista Networks | Industry median |
|---|---|---|
| Gross Margin | 63.0% | 34.3% |
| Operating Margin | 43.1% | 5.94% |
| Pretax Margin | 47.3% | 6.55% |
| Profit Margin | 38.4% | 4.89% |
| EBITDA Margin | 44.0% | 9.65% |
| FCF Margin | 48.9% | 7.34% |
Returns
| Measure | Arista Networks | Industry median |
|---|---|---|
| Return on Equity (ROE) | 31.5% | 7.49% |
| Return on Assets (ROA) | 20.1% | 3.02% |
| Return on Invested Capital (ROIC) | 210.0% | 7.94% |
| Return on Capital Employed (ROCE) | 26.9% | 6.30% |
Growth
| Measure | Arista Networks | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 32.6% | 9.10% |
| Net Income Growth (YoY) | 24.4% | 8.53% |
| EPS Growth (YoY) | 24.8% | 10.7% |
| FCF Growth (YoY) | 29.7% | 6.28% |
| Revenue Growth (3Y CAGR) | 27.1% | 3.24% |
| Revenue Growth (5Y CAGR) | 31.2% | 7.11% |
| EPS Growth (3Y CAGR) | 37.0% | 7.68% |
| EPS Growth (5Y CAGR) | 40.6% | 15.9% |
Balance sheet
| Measure | Arista Networks | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $13.34B | $109.83M |
| Net Cash (Debt) | $13.34B | $381.39K |
| Net Cash Per Share | $10.58 | $0.00 |
| Equity (Book Value) | $14.80B | $380.65M |
| Book Value Per Share | $11.73 | $8.57 |
| Tangible Book Value | $14.12B | $79.42M |
| Working Capital | $13.35B | $228.02M |
Financial position
| Measure | Arista Networks | Industry median |
|---|---|---|
| Current Ratio | 2.96 | 1.98 |
| Quick Ratio | 2.29 | 0.99 |
Cash flow (trailing twelve months)
| Measure | Arista Networks | Industry median |
|---|---|---|
| Operating Cash Flow | $5.31B | $75.30M |
| Capital Expenditures | -$151.30M | -$27.96M |
| Free Cash Flow | $5.16B | $59.74M |
| FCF Per Share | $4.09 | $1.16 |
Efficiency
| Measure | Arista Networks | Industry median |
|---|---|---|
| Asset Turnover | 0.52 | 0.70 |
| Inventory Turnover | 1.70 | 3.72 |
| Revenue Per Employee | $2.06M | $408.02K |
| Profits Per Employee | $790.73K | $16.42K |
| Employee Count | 5,115 | 1,633 |
Dividends and yields
| Measure | Arista Networks | Industry median |
|---|---|---|
| Earnings Yield | 1.75% | 2.31% |
| FCF Yield | 2.23% | 3.20% |
| Buyback Yield | 0.27% | 1.13% |
| Shareholder Yield | 0.27% | 1.97% |
Shares
| Measure | Arista Networks | Industry median |
|---|---|---|
| Shares Outstanding | 1,261,220,000 | 58,902,000 |
| Shares Change (YoY) | -0.27% | 0.45% |
| Shares Change (QoQ) | 0.16% | 0.14% |
| Float | 1,050,390,000 | 51,812,050 |
| Shares Held by Insiders | 16.7% | 5.01% |
| Shares Held by Institutions | 71.4% | 83.5% |
Taxes
| Measure | Arista Networks | Industry median |
|---|---|---|
| Income Tax | $945.60M | $14.90M |
| Effective Tax Rate | 18.9% | 20.9% |
Scores
| Measure | Arista Networks | Industry median |
|---|---|---|
| Graham Number | $28.93 | $30.38 |
| Graham Upside | -84.2% | -55.4% |
| Altman Z-Score | 17.96 | 3.03 |
| Piotroski F-Score | 5 | 5 |
| Beneish M-Score | -2.24 | -2.55 |
Calculated by StockData from Arista Networks's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.