Arista Networks/$ANET
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Arista Networks
Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three-fourths of its sales from North America.
- Ticker
- $ANET
- Sector
- Communication
- Primary listing
- NYSE
- Employees
- 5,115
- Headquarters
- Santa Clara, United States
- Website
- www.arista.com
Arista Networks Metrics
BasicAdvanced
$272B
68.30
$3.16
1.61
-
Price and volume
Market cap
$272B
Beta
1.61
52-week high
$217.32
52-week low
$114.52
Average daily volume
4.8M
Financial strength
Current ratio
2.957
Quick ratio
2.289
Profitability
EBITDA (TTM)
4,639.6
Gross margin (TTM)
63.00%
Net profit margin (TTM)
38.37%
Operating margin (TTM)
43.14%
Effective tax rate (TTM)
18.95%
Revenue per employee (TTM)
$2,060,000
Management effectiveness
Return on assets (TTM)
14.12%
Return on equity (TTM)
31.48%
Valuation
Price to earnings (TTM)
68.305
Price to revenue (TTM)
25.766
Price to book
18.4
Price to tangible book (TTM)
19.27
Price to free cash flow (TTM)
52.682
Free cash flow yield (TTM)
1.90%
Free cash flow per share (TTM)
4.097
Growth
Revenue change (TTM)
32.57%
Earnings per share change (TTM)
23.94%
3-year revenue growth (CAGR)
26.05%
10-year revenue growth (CAGR)
26.89%
3-year earnings per share growth (CAGR)
32.66%
10-year earnings per share growth (CAGR)
38.06%
What the Analysts think about Arista Networks
Analyst ratings (Buy, Hold, Sell) for Arista Networks stock.
Analyst projections of the future price of Arista Networks stock.
Bulls say / Bears say
Second-quarter revenue rose 37.7% year on year to $3.04 billion, and Arista lifted its 2026 revenue outlook to about $12.6 billion, implying 40% growth. Its upbeat third-quarter forecast points to strong near-term demand for networking gear. (Arista Networks, Reuters)
Arista’s new 1.6-terabit switches target fast-growing AI networks, with design endorsements from Microsoft and Meta. Its Etherlink AI fabric portfolio has reached more than 100 customers, suggesting adoption is spreading beyond its earliest deployments. (Arista Networks, The Motley Fool)
Growth beyond hyperscale data centres could broaden Arista’s revenue base: the company is expanding in enterprise, campus and branch networking. Management set a 2026 campus revenue target of at least $1.25 billion, alongside its AI-fabrics target. (Reuters, The Motley Fool)
Revenue remains heavily exposed to a small number of cloud customers: Microsoft and Meta together accounted for 42% of 2025 sales. A pause or change in either customer’s spending could quickly weigh on growth. (TickerGuard, Simply Wall St)
Gross margin fell to 63.4% in the second quarter from 65.6% a year earlier, as sales mix shifted towards large customers and component costs rose. If those pressures persist, strong sales growth may translate into slower profit growth. (Arista Networks, Trefis)
The shares carry a demanding valuation: a recent analysis put them at about 59.7 times earnings, well above the communications-industry average. That leaves less room for disappointment if growth or margins fall short of expectations. (Simply Wall St)
Data summarised monthly by Lightyear AI. Last updated on 6 Oct 2026.
Arista Networks Financial Performance
Revenues and expenses
Arista Networks Earnings Performance
Company profitability
Upcoming events
No upcoming events
Arista Networks News
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Funds containing Arista Networks
AllEURGBPUSD
Fund name | Fund size | $ANET weighting |
|---|---|---|
iShares Digital Security€L0CK | €1.7B | 2.81% |
Xtrackers Artificial Intelligence And Big Data€XAIX | €7.9B | 1.95% |
Xtrackers Artificial Intelligence And Big Data£XAIX | £6.8B | 1.95% |
iShares Edge MSCI USA Quality Factor£IUQF | £1.5B | 1.61% |
iShares S&P 500 Information Technology Sector$IUIT | $20B | 0.84% |
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