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Arista Networks, Inc.
NYSE · CIK 1596532
Last close207.35
Daily change+2.86 (1.40%)
10 Years gain+3800.76%
Dividends TTM0
Dividend yield0.00%
Fundamental Analysis
ANET · STANDARD
SIC 3576 · Computer Communications Equipment · Fiscal year end 1231
Fundamental
84.2Momentum
57.1Acceleration
57.1Confidence
85.0Annual Revenue14
Quarterly Revenue57
Annual CFO14
Balance SheetAvailable
RankingEligible
Score Breakdown
Growth24.6 / 25
Quality19.6 / 25
Capital Efficiency20.0 / 20
Balance Sheet15.0 / 15
Shareholder Economics0.0 / 10
Forward Indicators5.0 / 5
Signals
Operating leverageOperating margin improved by 1.4281 percentage points.
Net debt reductionNet debt declined versus the comparison period.
Share count reductionDiluted share count declined 0.2502%.
Strong operating leverageOperating income is growing faster than revenue while operating margin expands.
Key Metrics
Revenue Growth TTM44.94%OK
Revenue CAGR 3Y27.15%OK
Gross Margin63.52%OK
Operating Margin43.87%OK
FCF Marginn/aMISSING
FCF Growthn/aINSUFFICIENT_HISTORY
ROIC211.96%OK
Incremental Operating Margin 3Y49.82%OK
Net Debt / CFOn/aNOT_MEANINGFUL
Diluted Share Growth 1Y-0.25%OK
SBC / Revenuen/aMISSING
SBC / FCFn/aNOT_MEANINGFUL
Financial History
| Period | Revenue | Gross Profit | Operating Income | CFO | FCF | Gross Margin | Op Margin | FCF Margin | ROIC | Shares |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 FY Dec 31, 2025 | $9.01B | $5.77B | $3.86B | $4.37B | $4.25B | 64.06% | 42.82% | 47.22% | 192.01% | 1.28B |
| 2025 FY Dec 31, 2024 | $7.00B | $4.49B | $2.94B | $3.71B | $3.68B | 64.13% | 42.05% | 52.49% | 131.83% | 1.28B |
| 2025 FY Dec 31, 2023 | $5.86B | $3.63B | $2.26B | $2.03B | $2.00B | 61.95% | 38.52% | 34.12% | 95.52% | 1.27B |
| 2024 FY Dec 31, 2022 | $4.38B | $2.68B | $1.53B | $492.81M | $448.17M | 61.07% | 34.86% | 10.23% | 107.36% | 1.27B |
| 2023 FY Dec 31, 2021 | $2.95B | $1.88B | $924.74M | $1.02B | $951.12M | 63.8% | 31.37% | 32.26% | 164.15% | 319.24M |
Formula Trace
| Metric | Value | Formula | Status | Source |
|---|---|---|---|---|
| Revenue TTM | $10.26B | sum latest 4 fiscal quarters Revenue | OK | 0001596532-26-000175, 0001596532-25-000286 |
| Revenue Growth TTM | 44.94% | Revenue_TTM / Revenue_TTM_1Y_ago - 1 | OK | 0001596532-26-000175, 0001596532-25-000286 |
| Revenue CAGR 3Y | 27.15% | (Revenue_current / Revenue_3Y_ago)^(1/3) - 1 | OK | 0001596532-26-000013 |
| Revenue CAGR 5Y | 31.19% | (Revenue_current / Revenue_5Y_ago)^(1/5) - 1 | OK | 0001596532-26-000013 |
| Gross Profit CAGR 3Y | 29.19% | (GrossProfit_current / GrossProfit_3Y_ago)^(1/3) - 1 | OK | 0001596532-26-000013 |
| Operating Income Growth | 49.81% | OperatingIncome_current / OperatingIncome_prior_year - 1 | OK | 0001596532-26-000175, 0001596532-25-000286 |
| FCF Growth | n/a | FCF_current / FCF_prior_year - 1 | INSUFFICIENT_HISTORY | derived |
| Revenue Growth Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Profit Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Operating Income Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| FCF Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Margin | 63.52% | Gross Profit / Revenue | OK | 0001596532-26-000175, 0001596532-25-000286 |
| Operating Margin | 43.87% | Operating Income / Revenue | OK | 0001596532-26-000175, 0001596532-25-000286 |
| ROIC | 211.96% | NOPAT / Average Invested Capital | OK | 0001596532-26-000175, 0001596532-25-000286 |
| Net Debt / CFO | n/a | Net Debt / CFO | NOT_MEANINGFUL | 0001596532-26-000175 |
| Current Ratio | 2.96x | Current Assets / Current Liabilities | OK | derived |
| Revenue per Diluted Share | $8.04 | Revenue / Diluted Shares | OK | 0001596532-26-000175, 0001596532-25-000286 |
| SBC / FCF | n/a | SBC / FCF | NOT_MEANINGFUL | derived |