ANET

Arista Networks
D

ANET

Arincen81/100B

Arista Networks income statement 2011–2026

11.89B USD over the last twelve months, and 9.01B USD in fiscal year 2025.

Revenue Operating income Net income

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Fiscal year
TTM
30 Sept 2026
FY2025
31 Dec 2025
FY2024
31 Dec 2024
FY2023
31 Dec 2023
FY2022
31 Dec 2022
FY2021
31 Dec 2021
FY2020
31 Dec 2020
FY2019
31 Dec 2019
FY2018
31 Dec 2018
FY2017
31 Dec 2017
FY2016
31 Dec 2016
Revenue
11.89B9.01B7.00B5.86B4.38B2.95B2.32B2.41B2.15B1.65B1.13B
Revenue growth
+40.74%+28.60%+19.50%+33.75%+48.62%+27.21%-3.87%+12.05%+30.69%+45.79%+34.81%
Cost of revenue
4.41B3.24B2.51B2.23B1.71B1.07B835.63M866.37M777.99M584.42M406.05M
Gross profit
7.48B5.77B4.49B3.63B2.68B1.88B1.48B1.54B1.37B1.06B723.12M
Gross margin
62.88%64.06%64.13%61.95%61.07%63.80%63.94%64.06%63.84%64.50%64.04%
Research and development
1.53B1.24B996.70M854.92M728.39M586.75M486.59M462.76M442.47M349.59M273.58M
Selling, general and administrative
738.30M675.30M550.00M518.11M420.20M369.29M295.61M275.81M252.56M241.90M206.13M
Operating expenses
2.27B1.91B1.55B1.37B1.15B956.04M782.20M738.56M1.10B591.50M479.71M
5.21B3.86B2.94B2.26B1.53B924.74M699.68M805.77M273.35M470.27M243.41M
Operating income growth
+43.84%+30.96%+30.45%+47.81%+65.14%+32.17%-13.17%+194.78%-41.87%+93.20%+63.02%
Operating margin
43.83%42.82%42.05%38.52%34.86%31.37%30.19%33.42%12.71%28.57%21.56%
Interest income
—383.40M311.00M152.42M27.56M7.22M27.14M51.14M31.67M8.09M3.00M
Interest expense
————————2.70M2.78M3.14M
Other non-operating income
617.50M393.60M320.50M164.78M54.69M6.14M39.18M56.50M15.45M4.49M-1.18M
Pretax income
5.83B4.25B3.27B2.42B1.58B930.88M738.86M862.27M288.80M474.76M242.23M
Income tax
1.08B738.30M413.00M334.71M229.35M90.03M104.31M2.40M-39.31M51.56M58.04M
Effective tax rate
18.47%17.37%12.65%13.82%14.50%9.67%14.12%0.28%-13.61%10.86%23.96%
4.75B3.51B2.85B2.09B1.35B840.85M634.56M859.87M328.12M423.20M184.19M
Net income growth
+41.57%+23.12%+36.64%+54.34%+60.84%+32.51%-26.20%+162.06%-22.47%+129.76%+52.09%
Net margin
39.97%38.99%40.73%35.62%30.87%28.52%27.38%35.67%15.25%25.71%16.31%
Basic shares
1.26B1.26B1.26B1.24B1.23B1.23B1.22B1.22B1.20B1.16B1.10B
Diluted shares
1.28B1.28B1.28B1.27B1.27B1.28B1.27B1.29B1.29B1.26B1.17B
Change in diluted shares
-0.15%-0.42%+0.99%+0.21%-0.87%+0.43%-1.75%+0.04%+2.36%+7.86%+2.54%
EPS (basic)
3.772.792.271.691.100.690.520.700.270.370.17
EPS (diluted)
3.722.752.231.651.070.660.500.660.250.330.16
EPS growth
+41.44%+23.32%+35.15%+54.21%+62.12%+32.00%-24.24%+160.36%-23.18%+106.25%+60.00%
EBITDA
5.92B4.32B3.33B2.49B1.64B981.21M734.84M838.62M319.17M498.18M265.11M
EBITDA margin
49.80%48.00%47.51%42.54%37.53%33.28%31.71%34.79%14.84%30.26%23.48%
EBIT
5.83B4.25B3.27B2.42B1.58B930.88M699.68M805.77M291.50M477.54M245.36M

Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.

Common questions about Arista Networks's income statement

Source: Financial Modeling PrepVerified against SEC filings