ANET
Arista Networks, Inc.
NYSE · USTechnologyComputer Hardware
$169.35+0.44%
Price as of Jul 20, 2026
ANET financials
Arista Networks, Inc. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $9.0B | $7.0B | $5.9B | $4.4B |
| Cost of revenue | $3.2B | $2.5B | $2.2B | $1.7B |
| Gross profit | $5.8B | $4.5B | $3.6B | $2.7B |
| Operating expenses | $1.9B | $1.5B | $1.4B | $1.1B |
| Operating income | $3.9B | $2.9B | $2.3B | $1.5B |
| Net income | $3.5B | $2.9B | $2.1B | $1.4B |
| EBITDA | $4.3B | $3.3B | $2.5B | $1.6B |
| Basic EPS | $2.79 | $2.27 | $1.69 | $1.10 |
| Diluted EPS | $2.75 | $2.23 | $1.65 | $1.07 |
| Balance sheet | ||||
| Cash & equivalents | $2.0B | $2.8B | $1.9B | $671.7M |
| Total assets | $19.4B | $14.0B | $10.0B | $6.8B |
| Total liabilities | $7.1B | $4.0B | $2.7B | $1.9B |
| Stockholders’ equity | $12.4B | $10.0B | $7.2B | $4.9B |
| Total debt | $0.00 | $0.00 | $0.00 | $44.0M |
| Net debt | -$2.0B | -$2.8B | -$1.9B | -$627.7M |
| Cash flow | ||||
| Operating cash flow | $4.4B | $3.7B | $2.0B | $492.8M |
| Capital expenditure | -$119.5M | -$32.0M | -$34.4M | -$44.6M |
| Free cash flow | $4.3B | $3.7B | $2.0B | $448.2M |
| Dividends paid | $0.00 | $0.00 | $0.00 | $0.00 |
| Share repurchases | -$1.6B | -$423.6M | -$112.3M | -$670.3M |