MARKETS / NYSE / ANET
NYSE · COMPUTER COMMUNICATIONS EQUIPMENT · LARGE CAP

Arista Networks, Inc. ANET

14 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$9.0B
▲ 28.6% vs FY2024
EPS · FY25
$2.75
Dividend / sh · FY25
Payout · FY25
ROE · FY25
31.4%
Net margin · FY25
39.0%
Dividend coverage
Advertisement
AdSense · Leaderboard 728×90320×100
Result
USD 9.0B
Revenue, FY2025 · full 14-year series below
Revenue Net income
2.557.5109.03.5201220152018202120242025
2.557.5109.03.52016201920222025

39 cents of every revenue dollar became profit this year.

Per share
USD 2.75
Diluted EPS, FY2025
EPS
2462.75201220152018202120242025
2462.752016201920222025

The company pays no cash dividend.

Profitability
31.4%
Return on equity, FY2025
ROE
408012031.4%201220152018202120242025
408012031.4%2016201920222025
Operating margin42.8%
Net margin39.0%
Return on assets21.0%

Each USD of equity produced 31 cents of profit this year.

Returned to shareholders
USD 1.6B
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacksUSD 1.6B
Share of profit45.7%
Consecutive raises

USD 1.6B in buybacks — 46% of the year's profit went back to shareholders.

Growth
+31.2% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+27.1%
+31.2%
+26.8%
Net income
+37.4%
+40.8%
+40.0%
Returned to shareholders
+33.7%
+32.3%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
1.26B
Shares outstanding, FY2025
0.031.26201220152018202120242025
0.071.262016201920222025
Change, 5 years+16.6%
Change, 10 years

The share count grew 17% in five years — the same company, cut into more, smaller slices.

Advertisement
AdSense · Leaderboard 728×90300×250
Balance sheet
USD 19.4B
total assets, end of FY2025
Total assetsUSD 19.4B
EquityUSD 12.4B
CashUSD 2.0B
Current ratio3.05×

Equity funds 64% of total assets.

History
14 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
Revenue $B
9.0
7.0
5.9
4.4
2.9
2.3
2.4
2.2
1.6
1.1
0.8
0.6
0.4
0.2
Operating income $B
3.9
2.9
2.3
1.5
0.9
0.7
0.8
0.3
0.5
0.2
0.1
0.1
0.1
0.0
EBITDA $B
3.9
3.0
2.3
1.6
1.0
0.7
0.8
0.3
0.5
0.3
0.2
0.1
0.1
0.0
Income tax $B
0.7
0.4
0.3
0.2
0.1
0.1
0.0
−0.0
0.1
0.1
0.0
0.0
0.0
0.0
Net income $B
3.5
2.9
2.1
1.4
0.8
0.6
0.9
0.3
0.4
0.2
0.1
0.1
0.0
0.0
EPS, diluted $
2.75
2.23
1.65
1.07
2.63
2.00
2.66
4.06
5.35
2.50
1.67
1.29
0.72
0.39
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
31.4
33.1
34.5
30.5
23.0
20.4
34.1
17.2
30.6
19.4
18.0
27.4
87.9
112.9
Shares out B
1.26
1.26
1.25
0.31
0.31
0.30
0.08
0.08
0.07
0.07
0.07
0.07
0.03
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
54 of 54
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed