# Arista Networks, Inc. (ANET)

**Exchange:** NYSE  
**Sector:** Technology  
**Market cap:** $199.52B  
**Price:** $156.40 (+3.06%)

> Arista Networks, Inc. is a technology company that develops and sells cloud networking solutions for large-scale data centers, enterprise campuses, and carrier environments worldwide. The company focuses on high-performance Ethernet switching and routing platforms, underpinned by its Extensible Operating System (EOS), a single-image network operating system designed for programmability, automation, and reliability. Arista Networks, Inc. offers a portfolio that spans core data center switches, cognitive adjacency products, and network software and services, including telemetry, analytics, and automation tools that support modern cloud architectures. Its solutions are widely used by cloud service providers, internet companies, financial institutions, media organizations, and telecommunications operators to build scalable, low-latency networks. The company delivers its products and services through channel partners, systems integrators, and direct sales. Founded in 2004 and headquartered in Santa Clara, California, Arista Networks, Inc. plays a significant role in enabling cloud networking and high-speed connectivity across global digital infrastructure.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $9.01B | $5.77B | $3.86B | $3.51B | $2.75 |
| 2024 | $7.00B | $4.49B | $2.94B | $2.85B | $2.23 |
| 2023 | $5.86B | $3.63B | $2.26B | $2.09B | $1.65 |
| 2022 | $4.38B | $2.68B | $1.53B | $1.35B | $1.07 |
| 2021 | $2.95B | $1.88B | $925M | $841M | $2.63 |
| 2020 | $2.32B | $1.48B | $700M | $635M | $2.00 |
| 2019 | $2.41B | $1.54B | $806M | $860M | $2.66 |
| 2018 | $2.15B | $1.37B | $273M | $328M | $4.06 |
| 2017 | $1.65B | $1.06B | $470M | $423M | $5.35 |
| 2016 | $1.13B | $723M | $243M | $184M | $2.50 |
| 2015 | $838M | $544M | $149M | $121M | $1.67 |
| 2014 | $584M | $392M | $126M | $87M | $1.29 |
| 2013 | $361M | $239M | $66M | $42M | $0.72 |
| 2012 | $193M | $132M | $40M | $21M | $0.39 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $19.45B | $7.08B | $12.37B | $1.96B | — |
| 2024 | $14.04B | $4.05B | $9.99B | $2.76B | — |
| 2023 | $9.96B | $2.74B | $7.22B | $1.94B | — |
| 2022 | $6.78B | $1.89B | $4.89B | $672M | — |
| 2021 | $5.73B | $1.76B | $3.98B | $621M | — |
| 2020 | $4.74B | $1.42B | $3.32B | $893M | — |
| 2019 | $4.19B | $1.29B | $2.89B | $1.11B | — |
| 2018 | $3.08B | $939M | $2.14B | $650M | — |
| 2017 | $2.46B | $799M | $1.66B | $859M | — |
| 2016 | $1.73B | $621M | $1.11B | $568M | — |
| 2015 | $1.16B | $372M | $788M | $687M | — |
| 2014 | $811M | $255M | $556M | $240M | — |
| 2013 | $365M | $287M | $78M | $114M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $4.37B | — | — |
| 2024 | $3.71B | — | — |
| 2023 | $2.03B | — | — |
| 2022 | $493M | — | — |
| 2021 | $1.02B | — | — |
| 2020 | $735M | — | — |
| 2019 | $963M | $16M | $947M |
| 2018 | $503M | $24M | $479M |
| 2017 | $632M | $15M | $616M |
| 2016 | $174M | $21M | $153M |
| 2015 | $238M | $20M | $218M |
| 2014 | $132M | $13M | $119M |
| 2013 | $35M | $20M | $14M |
| 2012 | $26M | $3M | $23M |

Source: [CompaniesByCap](https://companiesbycap.com/company/ANET)