Stocktoria
Arista Networks, Inc. ANET
Arista Networks, Inc. financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.0B | $7.0B | $5.9B | $4.4B | $2.9B | $2.3B | $2.4B | $2.2B | $1.6B | $1.1B |
| Gross profit | $5.8B | $4.5B | $3.6B | $2.7B | $1.9B | $1.5B | $1.5B | $1.4B | $1.1B | $723.1M |
| R&D expense | $1.2B | $996.7M | $854.9M | $728.4M | $586.8M | $486.6M | $462.8M | $442.5M | $349.6M | $273.6M |
| Operating income | $3.9B | $2.9B | $2.3B | $1.5B | $924.7M | $699.7M | $805.8M | $273.3M | $470.3M | $243.4M |
| Interest expense | — | — | — | — | — | — | — | $2.7M | $2.8M | $3.1M |
| Income tax | $738.3M | $413.0M | $334.7M | $229.3M | $90.0M | $104.3M | $2.4M | -$39.3M | $51.6M | $58.0M |
| Net income | $3.5B | $2.9B | $2.1B | $1.4B | $840.9M | $634.6M | $859.9M | $328.1M | $423.2M | $184.2M |
| EPS (diluted) | $2.75 | $2.23 | $1.65 | $1.07 | $0.66 | $0.50 | $0.67 | $0.25 | $0.33 | $0.16 |
| Operating cash flow | $4.4B | $3.7B | $2.0B | $492.8M | $1.0B | $735.1M | $963.0M | $503.1M | $631.6M | $174.3M |
| Free cash flow | — | — | — | — | — | — | $947.3M | $479.3M | $616.3M | $152.9M |
| Cash & equivalents | $2.0B | $2.8B | $1.9B | $671.7M | $620.8M | $893.2M | $1.1B | $650.0M | $859.2M | $567.9M |
| Inventory | $2.2B | $1.8B | $1.9B | $1.3B | $650.1M | $479.7M | $243.8M | $264.6M | $306.2M | $236.5M |
| Total assets | $19.4B | $14.0B | $10.0B | $6.8B | $5.7B | $4.7B | $4.2B | $3.1B | $2.5B | $1.7B |
| Total liabilities | $7.1B | $4.0B | $2.7B | $1.9B | $1.8B | $1.4B | $1.3B | $938.6M | $798.9M | $621.2M |
| Shareholders' equity | $12.4B | $10.0B | $7.2B | $4.9B | $4.0B | $3.3B | $2.9B | $2.1B | $1.7B | $1.1B |
Growth · year-over-year · Revenue CAGR 25.9%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +28.6% | +19.5% | +33.8% | +48.6% | +27.2% | -3.9% | +12.1% | +30.7% | +45.8% | +34.8% |
| Net income growth | +23.1% | +36.6% | +54.3% | +60.8% | +32.5% | -26.2% | +162.1% | -22.5% | +129.8% | +52.1% |
| EPS growth | +23.3% | +35.2% | +54.2% | +62.7% | +31.5% | -24.8% | +162.1% | -24.1% | +114.0% | +49.7% |
| Free cash flow growth | — | — | — | — | — | — | +97.6% | -22.2% | +303.2% | -29.8% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.