Arista Networks, Inc.ANET

NYSE•Technology•Computer Hardware

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for AI, data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications. The company offers data center, cloud and AI networking, cognitive adjacencies, and cognitive network software and services. It also provides post contract customer support services, such as technical support, hardware repair and replacement parts beyond standard warranty, bug fixes, patches, and upgrade services. The company serves a range of industries comprising internet companies, cloud service providers, financial services organizations, government agencies, media and entertainment, healthcare, oil and gas, education, manufacturing, industrial, and others. It markets and sells its products through distributors, system integrators, value-added resellers, and original equipment manufacturer partners, as well as through its direct sales force. Arista Networks, Inc. was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. The company was incorporated in 2004 and is headquartered in Santa Clara, California.

Price & Volume

Key Metrics at a Glance (as of December 2025)

Market Cap: $166.57B
TTM Revenue: $9.01B
TTM EBITDA: $3.93B
P/E Ratio: 47.4x
Operating Margin: 41.5%
Free Cash Flow: $1.46B

Financial Analysis

Arista Networks, Inc. (ANET) reported trailing twelve months (TTM) revenue of $9.01B as of December 2025, which represents a 28.6% increase year-over-year. The company's operating margin has expanded to 41.5% from 41.4% a year ago. In terms of profitability, ANET generated $3.51B in net income. Valuation-wise, the stock trades at a P/E ratio of 47.4x and a Price-to-Sales (P/S) ratio of 18.5x. The company generated $1.46B in free cash flow over the last twelve months, indicating its ability to reinvest in growth or return capital to shareholders. Data based on the most recent quarterly reports.