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Arista Networks, Inc.

ANET
Computer Communications Equipment
Last filing · Quarter 2 · Jun 30, 2026
Financial Statements Ratios
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Statement
Period
Annual Quarterly
Order
Format
% Change
Rows
USD ($)
$ in Thousands, shares in Thousands		Jun 30, 2026Mar 31, 2026Sep 30, 2025Jun 30, 2025Mar 31, 2025Sep 30, 2024Jun 30, 2024Mar 31, 2024Sep 30, 2023Jun 30, 2023Mar 31, 2023Sep 30, 2022Jun 30, 2022Mar 31, 2022Sep 30, 2021Jun 30, 2021Mar 31, 2021Sep 30, 2020Jun 30, 2020Mar 31, 2020Sep 30, 2019Jun 30, 2019Mar 31, 2019Sep 30, 2018Jun 30, 2018Mar 31, 2018Sep 30, 2017Jun 30, 2017Mar 31, 2017Sep 30, 2016Jun 30, 2016Mar 31, 2016Sep 30, 2015Jun 30, 2015Mar 31, 2015Sep 30, 2014Jun 30, 2014
Revenue:
                                     
Product
-
-
-
-
-
-
-
-
-
-
-
-
Service
-
-
-
-
-
-
-
-
-
-
-
-
Total revenue
3,035,700
2,709,000
2,308,300
2,204,800
2,004,800
1,810,936
1,690,400
1,571,374
1,509,456
1,458,924
1,351,351
1,176,801
Cost of revenue:
                                     
Product
-
-
-
-
-
-
-
-
-
-
-
-
Service
-
-
-
-
-
-
-
-
-
-
-
-
Total cost of revenue
1,125,400
1,032,200
818,100
766,200
728,700
649,219
593,187
569,995
567,037
574,795
546,844
466,821
Gross profit
1,910,300
1,676,800
1,490,200
1,438,600
1,276,100
1,161,717
1,097,213
1,001,379
942,419
884,129
804,507
709,980
Operating expenses:
                                     
Research and development
348,200
343,700
326,000
296,500
266,400
235,824
267,482
208,395
212,353
229,676
201,408
187,807
Sales and marketing
150,300
141,600
151,200
126,500
116,600
106,832
104,403
105,080
102,033
97,971
93,492
81,401
General and administrative
33,800
33,700
34,800
29,400
34,300
33,811
25,755
27,763
25,338
26,420
25,029
23,425
Legal settlement
-
-
-
-
-
-
-
-
-
-
-
-
Total operating expenses
532,300
519,000
512,000
452,400
417,300
376,467
397,640
341,238
339,724
354,067
319,929
292,633
Income from operations
1,378,000
1,157,800
978,200
986,200
858,800
785,250
699,573
660,141
602,695
530,062
484,578
417,347
Other income (expense), net:
                                     
Interest expense
-
-
-
-
-
-
-
-
-
-
-
-
Interest expense—related party
-
-
-
-
-
-
-
-
-
-
-
-
Other income, net
-
-
-
-
-
-
-
-
-
-
-
-
Other income (expense), net
126,300
113,600
98,900
94,000
96,200
97,660
70,863
62,620
41,815
56,339
12,146
6,817
Income before income taxes
1,504,300
1,271,400
1,077,100
1,080,200
955,000
882,910
770,436
722,761
644,510
586,401
496,724
424,164
Provision for income taxes
291,400
248,500
224,100
191,400
141,200
134,972
105,008
85,069
99,183
94,516
60,251
70,165
Net income
1,212,900
1,022,900
853,000
888,800
813,800
747,938
665,428
637,692
545,327
491,885
436,473
353,999
Net income attributable to common stockholders:
                                     
Basic
-
-
-
-
-
-
-
-
-
-
-
-
Diluted
-
-
-
-
-
-
-
-
-
-
-
-
Net income per share:
                                     
Basic (in dollars per share)
$ 0.96
$ 0.81
$ 0.68
$ 0.71
$ 0.65
$ 2.38
$ 2.12
$ 2.04
$ 1.76
$ 1.59
$ 1.42
$ 1.16
Diluted (in dollars per share)
$ 0.95
$ 0.8
$ 0.67
$ 0.7
$ 0.64
$ 2.33
$ 2.08
$ 1.99
$ 1.72
$ 1.55
$ 1.38
$ 1.13
Weighted-average shares used in computing net income per share:
                                     
Basic (in shares)
1,260,100
1,257,700
1,258,000
1,256,300
1,260,000
314,482
313,711
313,032
310,185
308,636
306,985
304,931
Diluted (in shares)
1,276,000
1,273,800
1,276,600
1,271,200
1,279,200
320,448
319,921
319,865
317,631
316,485
315,578
314,401