81/100B199.480
USD
-6.34
(-3.06%)
Market Open
Last updated: · Delayed 15 min
Fair value189.08Plus+5%106Price 199.48255
Q4 FY2026 · Earnings report
EPS estimate 1.29Revenue estimate 3.97B
Q4 FY2026 · Earnings report
EPS estimate 1.29Revenue estimate 3.97B
If you had invested in Arista Networks ago, it would be worth $38,407 today, against $4,096 in SPY and $6,368 in QQQ.
Arincen ScoreWhat is the Arincen Score? The Arincen Score grades a company out of 100 from 30 checks on its own reported figures, five checks in each of six parts.Beta
81/100
Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.
Profitability10
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Cash10
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Valuation4
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Growth10
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Financial strength8
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Shareholders6.7
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Figures to FY2025; the price as of today.
Arista Networks key facts
- StyleWhat does a stock's style mean? The style label sorts a stock as growth, value, dividend, blend or speculative, with a 1 to 10 meter showing how strongly it fits.
- Growth stock · 10.0/10Growth 10.0 · Value 2.2
- Day range
- 198.800 – 212.080
- 52-week range
- 114.520 – 217.410
- Market capitalizationWhat is market capitalization? Market cap is what the stock market values a whole company at: its share price times the number of its shares outstanding.
- 252.02B USD
- P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 52.91
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 1.74
- EPSWhat is EPS (earnings per share)? EPS (earnings per share) is a company's net income divided by its number of shares: the profit that belongs to each share over a period.
- 3.77
- EPS growth forecast (FY2026)
- +47.9%
- Volume
- 103,667
- BetaWhat is beta in stocks? Beta measures how much a stock tends to move when the whole market moves: 1 moves with it, under 1 is calmer, over 1 swings more.
- 1.62
- ESG scoreWhat is an ESG score? An ESG score rates how a company handles the environment, its people and its governance, out of 100. Higher is better.
- 52.8/100Environment 49 · Social 50 · Governance 60
- Sector
- Technology
- Industry
- Computer Hardware
- CEO
- Jayshree V. Ullal
- Employees
- 5K
- Website
- arista.com
- IPO date
- 6 Jun 2014
Arista Networks earningsWhat is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
Next earnings · Q4 FY2026
EPS estimate
1.29 USD
Revenue estimate
3.97B USD
Last quarter · Q3 FY2026
EPS1.20Beat +11.1%Revenue3.66BBeat +9.7%
Revenue
ReportedEstimate
EPS
ReportedEstimate
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q3 FY2027 | 1.58 | — | — | +31.72% | 4.87B | — | — | +33.13% | |
| Q2 FY2027 | 1.46 | — | — | +42.78% | 4.49B | — | — | +47.82% | |
| Q1 FY2027 | 1.35 | — | — | +54.79% | 4.15B | — | — | +53.07% | |
| Q4 FY2026 | 1.29 | — | — | +57.32% | 3.97B | — | — | +59.70% | |
| Q3 FY2026 | 1.08 | 1.20 | +11.11% | +60.00% | 3.33B | 3.66B | +9.68% | +58.45% | |
| Q2 FY2026 | 0.89 | 1.02 | +15.12% | +39.73% | 2.83B | 3.04B | +7.26% | +37.69% | |
| Q1 FY2026 | 0.81 | 0.87 | +7.67% | +33.85% | 2.62B | 2.71B | +3.43% | +35.13% | |
| Q4 FY2025 | 0.76 | 0.82 | +8.18% | +26.15% | 2.39B | 2.49B | +4.30% | +28.87% | |
| Q3 FY2025 | 0.72 | 0.75 | +4.46% | +25.00% | 2.26B | 2.31B | +1.94% | +27.47% | |
| Q2 FY2025 | 0.65 | 0.73 | +12.48% | +39.05% | 2.11B | 2.20B | +4.63% | +30.43% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 7.49 | — | — | +23.71% | 23.29B | — | — | +24.93% |
| FY2027 | 6.05 | — | — | +38.70% | 18.64B | — | — | +39.61% |
| FY2026 | 4.36 | — | — | +47.89% | 13.35B | — | — | +48.25% |
| FY2025 | 2.88 | 2.95 | +2.31% | +29.81% | 8.90B | 9.01B | +1.22% | +28.60% |
| FY2024 | 2.19 | 2.27 | +3.67% | +31.36% | 6.97B | 7.00B | +0.44% | +19.50% |
| FY2023 | 1.64 | 1.73 | +5.53% | +51.09% | 5.86B | 5.86B | +0.08% | +33.75% |
| FY2022 | 1.10 | 1.15 | +4.51% | +59.58% | 4.31B | 4.38B | +1.76% | +48.62% |
Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved
Arista Networks analyst forecastWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
12-month price target
242.43 USD
+21.53%
Analysts' 1-year price targets range from 164.00 to 305.00, with an average of 242.43.
Past year
1-year forecast
Strong sellStrong buy
Strong buy
16 ratings
| Buy | 16 | |
| Hold | 0 | |
| Sell | 0 |
12-month price target
| Highest target | 305.00 |
| Average target | 242.43 |
| Lowest target | 164.00 |
| Current price | 199.48 |
Arista Networks valuationWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 52.91
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 45.72
- Price to sales (TTM)What is the P/S ratio? The price-to-sales ratio compares a company's market value with its revenue over the last year: what you pay for each dollar of sales.
- 21.20
- Price to bookWhat is the P/B ratio? The price-to-book ratio compares a company's market value with its book value, the shareholders' equity on its balance sheet.
- 15.32
- EV / EBITDA (TTM)What is EV/EBITDA? EV/EBITDA compares a company's whole value, debt included and cash taken off, with a year of its earnings before interest, tax and depreciation.
- 40.13
Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.
Market capitalization
252.02B USD
+
Total debt
0.00 USD
−
Cash and short-term investments
14.36B USD
=
Enterprise value
237.66B USD
Valuation over time
P/EForward P/EForward P/E · EstimateEstimate
Arista Networks against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: Dell Technologies, Sandisk, Western Digital, Hewlett Packard Enterprise, Everpure, and NetApp, the US Computer Hardware companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Above its median52.926.567.5
- Gross marginAbove its median64.1%61.1%64.1%Against its peers: 4 of 7Peers' median 59.6%
- Operating marginHighest in 5 years42.8%31.4%42.8%Against its peers: 2 of 7Peers' median 16.0%
- Net marginAbove its median39.0%28.5%40.7%Against its peers: 3 of 7Peers' median 11.8%
- Return on equityAt its median28.4%21.1%28.9%Against its peers: 4 of 6Peers' median 72.7%
- Free cash flow marginAbove its median47.2%10.2%52.5%Against its peers: 2 of 7Peers' median 21.9%
- Revenue growthAt its median28.6%19.5%48.6%Against its peers: 3 of 7Peers' median 17.2%
- EPS growthLowest in 5 years23.3%23.3%62.1%Against its peers: 4 of 6Peers' median 36.1%
- Debt to EBITDALowest in 5 years0.00×0.00×0.06×Against its peers: 1 of 7Peers' median 0.99×
- Current ratioLowest in 5 years3.053.054.38Against its peers: 1 of 7Peers' median 1.38
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Arista Networks growth and profitabilityWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs.
- Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.
- 11.89B USD
- Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
- 4.75B USD
- Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs.
- 62.88%
- Operating margin
- 43.83%
- Net margin
- 39.97%
Revenue / Net income
Revenue Net income Net margin
Arista Networks revenue breakdown
By product
FY2025
84.1%Product15.9%Service
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Product | 7.58B | 84.1% | +28.8% |
| Service | 1.43B | 15.9% | +27.7% |
By region
FY2025
79.1%Americas11.9%EMEA9.0%Asia Pacific
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Americas | 7.12B | 79.1% | +24.3% |
| EMEA | 1.07B | 11.9% | +50.1% |
| Asia Pacific | 813.30M | 9.0% | +45.0% |
How Arista Networks makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
Product7.58B 84.1%
Service1.43B 15.9%
Revenue9.01B 100.0%
Cost of revenue3.24B 35.9%
Gross profit5.77B 64.1%
Research and development1.24B 13.7%
Selling and administration675.30M 7.5%
Operating income3.86B 42.8%
Tax738.30M 8.2%
Net income3.51B 39.0%
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
Arista Networks financial health
- Cash and short-term investments
- 14.36B USD
- Total debt
- 0.00 USD
- Net cash
- 14.36B USD
- Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.
- 5.02B USD
- Current ratioWhat is the current ratio? The current ratio is current assets divided by current liabilities: whether what a company will turn into cash within a year covers what it owes within a year.
- 3.29
- Debt to equityWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
- 0.00
- Piotroski scoreWhat is the Piotroski F-Score? The Piotroski F-Score rates a company's financial strength from 0 to 9: one point for each of nine tests of profit, debt and efficiency it passes.
- 5 / 9
- Altman Z-scoreWhat is the Altman Z-Score? The Altman Z-Score rolls five financial ratios into one number that signals a company's risk of bankruptcy: over 3 is safe, under 1.8 is distress.
- 17.36
Cash, debt and free cash flow
Cash and short-term investments Total debt Free cash flow
Arista Networks ownershipWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
- InstitutionsWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
- 72.08%
- Institutional holders
- 2,363 (+242)
- Free floatWhat is free float? Free float is the part of a company's shares that anyone can buy and sell: all its shares minus those held by insiders, founders and owners of over 5%.
- 83.34%
Who owns the shares
Institutions 72.1% Others 27.9%
As of 30 Jun 2026
Shares free to trade
Free float 1.05B shares ·83.3% Closely held 210.48M shares ·16.7%
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q4 2026 | 0 | 49 | 17.33K | 953.41K |
| Q3 2026 | 0 | 233 | 795.26K | 5.04M |
| Q2 2026 | 0 | 152 | 522.27K | 3.12M |
| Q1 2026 | 0 | 65 | 777.99K | 933.48K |
Shares outstanding
Basic shares Diluted shares Change in diluted shares
Source: Financial Modeling PrepVerified against SEC filings
Title: Arista Networks Inc
Sector: Technology
Industry: Computer Hardware
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.