Arista Networks, Inc. (formerly Arastra) is an American computer networking company headquartered in Santa Clara, California. The company designs and sells multilayer network switches to deliver software-defined networking (SDN) for large datacenter, cloud computing, high-performance computing, and high-frequency trading environments. These products include 10/25/40/50/100/200/400/800 gigabit low-latency cut-through Ethernet switches. Arista's Linux-based network operating system, Extensible Operating System (EOS), runs on all Arista products.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| ANET | Arista Networks, Inc. | 2025-10-16 22:25:40 | 144.2 | -1.81 | -1.24 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ANET | 0001596532 | Arista Networks, Inc. | US0404132054 | 635400H1WKBLOQERUU95 | 201751121 | NYSE | 3576 | Computer Communications Equipment | 1231 | DE | 5453 GREAT AMERICA PARKWAY | SANTA CLARA | CA | 95054 | UNITED STATES | US | 408-547-5500 | 5453 GREAT AMERICA PARKWAY, SANTA CLARA, CA, 95054 | 5453 GREAT AMERICA PARKWAY, SANTA CLARA, CA, 95054 | — | Networking hardware | 2004 | Jayshree Ullal | 4,465 | https://www.arista.com/ | 90,200,000,000 | 1,256,800,000 | 1,256,865,381 | Arista Networks, Inc. (formerly Arastra) is an American computer networking company headquartered in Santa Clara, California. The company designs and sells multilayer network switches to deliver software-defined networking (SDN) for large datacenter, cloud computing, high-performance computing, and high-frequency trading environments. These products include 10/25/40/50/100/200/400/800 gigabit low-latency cut-through Ethernet switches. Arista's Linux-based network operating system, Extensible Operating System (EOS), runs on all Arista products. | 2025-10-10 19:03:28 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 90,200,000,000 | 49,400,000,000 | 121.0784 | 1,261,122,596 | 948,488,984 | 303.3868 |
| 2023 | 40,800,000,000 | 17,726,292,802 | 76.8246 | 312,633,612 | 6,238,228 | 2.036 |
| 2022 | 23,073,707,198 | 1,165,104,482 | 5.318 | 306,395,384 | -1,371,194 | -0.4455 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Kenneth Duda | Chief Technology Officer | 2024 | 300,000 | 0 | 34,433,411 | 240,000 | 274,780 | 35,248,191 |
| John Mccool | Senior Vice President | 2024 | 315,000 | 0 | 3,343,295 | 220,000 | 9,828 | 3,888,123 |
| Jayshree Ullal | Chief Executive Officer | 2024 | 300,000 | 0 | 6,856,502 | 250,000 | 1,542,901 | 8,949,403 |
| Chantelle Breithaupt | Chief Financial Officer | 2024 | 302,885 | 50,000 | 11,665,423 | 240,000 | 9,433 | 12,267,741 |
| Marc Taxay | General Counsel, Senior Vice President | 2024 | 315,000 | 0 | 4,780,026 | 220,000 | 378 | 5,315,404 |
| Fiscal Year | Employee Count |
|---|---|
| 2024 | 4,412 |
| 2023 | 4,023 |
| 2022 | 3,612 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 7,003,146,000 | 5,860,168,000 | 4,381,310,000 |
| Cost Of Revenue | 2,511,843,000 | 2,229,887,000 | 1,705,614,000 |
| Gross Profit | 4,491,303,000 | 3,630,281,000 | 2,675,696,000 |
| Research And Development Expenses | 996,717,000 | 854,918,000 | 728,394,000 |
| General And Administrative Expenses | 122,706,000 | 119,080,000 | 93,241,000 |
| Operating Expenses | 1,546,687,000 | 1,373,032,000 | 1,148,590,000 |
| Operating Income | 2,944,616,000 | 2,257,249,000 | 1,527,106,000 |
| Net Income | 2,852,054,000 | 2,087,321,000 | 1,352,446,000 |
| Earnings Per Share Basic | 2.27 | 6.75 | 4.41 |
| Earnings Per Share Diluted | 2.23 | 6.58 | 4.27 |
| Weighted Average Shares Outstanding Basic | 1,256,303,000 | 309,354,000 | 306,473,000 |
| Weighted Average Shares Outstanding Diluted | 1,281,077,000 | 317,135,000 | 316,459,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 2,762,357,000 | 1,938,606,000 | 671,707,000 |
| Marketable Securities Current | 5,541,116,000 | 3,069,362,000 | 2,352,022,000 |
| Accounts Receivable | 1,140,478,000 | 1,024,569,000 | 923,096,000 |
| Inventories | 1,834,572,000 | 1,945,180,000 | 1,289,706,000 |
| Non Trade Receivables | — | — | — |
| Other Assets Current | — | — | 124,357,000 |
| Total Assets Current | 11,910,815,000 | 8,390,235,000 | 5,550,748,000 |
| Marketable Securities Non Current | — | — | 39,468,000 |
| Property Plant And Equipment | 98,845,000 | 101,580,000 | 95,009,000 |
| Other Assets Non Current | 263,303,000 | 151,900,000 | 73,754,000 |
| Total Assets Non Current | 2,133,106,000 | 1,556,571,000 | 1,224,662,000 |
| Total Assets | 14,043,921,000 | 9,946,806,000 | 6,775,410,000 |
| Accounts Payable | 381,083,000 | 435,059,000 | 232,572,000 |
| Deferred Revenue | 1,727,280,000 | 915,204,000 | 637,432,000 |
| Short Term Debt | — | — | — |
| Other Liabilities Current | 188,582,000 | 152,041,000 | 131,040,000 |
| Total Liabilities Current | 2,732,222,000 | 1,909,606,000 | 1,293,531,000 |
| Long Term Debt | — | — | — |
| Other Liabilities Non Current | 252,757,000 | 131,390,000 | 58,400,000 |
| Total Liabilities Non Current | 1,316,892,000 | 818,141,000 | 596,059,000 |
| Total Liabilities | 4,049,114,000 | 2,727,747,000 | 1,889,590,000 |
| Common Stock | 126,000 | 31,000 | 31,000 |
| Retained Earnings | 7,542,460,000 | 5,114,025,000 | 3,138,983,000 |
| Accumulated Other Comprehensive Income | -13,188,000 | -3,328,000 | -33,908,000 |
| Total Shareholders Equity | 9,994,807,000 | 7,219,059,000 | 4,885,820,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 62,038,000 | 70,630,000 | 62,700,000 |
| Share Based Compensation Expense | 355,364,000 | 296,756,000 | 230,934,000 |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | 106,080,000 | 101,473,000 | 401,531,000 |
| Change In Inventories | -110,608,000 | 655,474,000 | 638,948,000 |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | -51,635,000 | 198,612,000 | 31,436,000 |
| Change In Other Liabilities | 47,823,000 | 123,694,000 | 4,118,000 |
| Cash From Operating Activities | 3,708,235,000 | 2,034,014,000 | 492,813,000 |
| Purchases Of Marketable Securities | 4,526,127,000 | 2,606,878,000 | 1,418,857,000 |
| Sales Of Marketable Securities | 48,845,000 | 67,284,000 | 193,782,000 |
| Acquisition Of Property Plant And Equipment | 32,032,000 | 34,434,000 | 44,644,000 |
| Acquisition Of Business | 0 | -1,799,000 | 145,087,000 |
| Other Investing Activities | 6,628,000 | — | — |
| Cash From Investing Activities | -2,457,354,000 | -687,454,000 | 216,327,000 |
| Tax Withholding For Share Based Compensation | 58,372,000 | 33,563,000 | 32,725,000 |
| Payments Of Dividends | — | — | — |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 423,619,000 | 112,279,000 | 670,287,000 |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | — | — | — |
| Other Financing Activities | 60,181,000 | 62,093,000 | 48,411,000 |
| Cash From Financing Activities | -421,810,000 | -83,749,000 | -654,601,000 |
| Change In Cash | 824,304,000 | 1,263,486,000 | 50,928,000 |
| Cash At End Of Period | 2,762,357,000 | 1,938,606,000 | 671,707,000 |
| Income Taxes Paid | 970,639,000 | 686,155,000 | 427,846,000 |
| Interest Paid | — | — | — |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 2.27 | 6.75 | 4.41 |
| Price To Earnings Ratio | 48.6916 | 8.7226 | 6.8793 |
| Earnings Growth Rate | -66.3704 | 53.0612 | 60.9489 |
| Price Earnings To Growth Ratio | -0.7336 | 0.1644 | 0.1129 |
| Book Value Per Share | 7.9557 | 23.3359 | 15.9421 |
| Price To Book Ratio | 13.8931 | 2.523 | 1.903 |
| Ebitda | 3,884,731,000 | 2,844,106,000 | 1,842,992,000 |
| Enterprise Value | — | — | — |
| Dividend Yield | — | — | — |
| Dividend Payout Ratio | — | — | — |
| Debt To Equity Ratio | — | — | — |
| Capital Expenditures | 59,303,000 | 77,201,000 | 79,075,000 |
| Free Cash Flow | 3,648,932,000 | 1,956,813,000 | 413,738,000 |
| Return On Equity | 0.2854 | 0.2891 | 0.2768 |
| One Year Beta | 2.2366 | 1.3678 | 1.3686 |
| Three Year Beta | 1.5168 | 1.3426 | 1.1628 |
| Five Year Beta | 1.2542 | 1.1944 | 1.2255 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Giancarlo Charles H | Director | 2025-10-01 | 1,200 | D | 48,584 |
| Giancarlo Charles H | Director | 2025-10-01 | 800 | D | 47,784 |
| Giancarlo Charles H | Director | 2025-10-01 | 800 | D | 46,984 |
| Giancarlo Charles H | Director | 2025-10-01 | 700 | D | 46,284 |
| Giancarlo Charles H | Director | 2025-10-01 | 2,350 | D | 43,934 |
| Name Of Reporting Person | Type Of Reporting Person | Report Date | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Angus S King, Jr. | Senator | 2025-08-18 | Purchase | 2025-07-21 | Spouse | $1,001 - $15,000 |
| Thomas H Tuberville | Senator | 2023-05-12 | Sale (Full) | 2023-04-03 | Joint | $15,001 - $50,000 |
| Thomas H Tuberville | Senator | 2023-05-11 | Sale (Full) | 2023-04-03 | Joint | $15,001 - $50,000 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Valerie Hoyle | 2025-10-10 | OR04 | Sale | 2025-09-23 | Spouse | $1,001 - $15,000 |
| Valerie Hoyle | 2025-09-12 | OR04 | Purchase | 2024-10-29 | Spouse | $1,001 - $15,000 |
| Lisa McClain | 2025-09-12 | MI09 | Purchase | 2025-08-13 | Spouse | $1,001 - $15,000 |
| Valerie Hoyle | 2025-09-12 | OR04 | Purchase | 2024-12-04 | Spouse | $1,001 - $15,000 |
| Valerie Hoyle | 2025-09-12 | OR04 | Sale | 2025-04-29 | Spouse | $1,001 - $15,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| WILLNER & HELLER, LLC | 2025-09-30 | 206,180 | 1,415 | 145.7102 |
| Carnegie Investment Counsel | 2025-09-30 | 25,123,172 | 172,419 | 145.71 |
| 180 WEALTH ADVISORS, LLC | 2025-09-30 | 1,899,621 | 13,037 | 145.71 |
| Castle Rock Wealth Management, LLC | 2025-09-30 | 385,800 | 2,690 | 143.4201 |
| Mezzasalma Advisors, LLC | 2025-09-30 | 15,098,470 | 103,620 | 145.71 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| Tidal Trust II | 2025-07-31 | YieldMax(R) AI & Tech Portfolio Option Income ETF | GPTY | 12,104 | 1,491,454.88 | 3.2969 |
| VALUED ADVISERS TRUST | 2025-07-31 | Kovitz Core Equity ETF | EQTY | 279,906 | 34,490,017.32 | 2.7265 |
| Advisors' Inner Circle Fund III | 2025-07-31 | I Shares | KCXIX | 4,418 | 544,385.96 | 0.2239 |
| Advisors' Inner Circle Fund III | 2025-07-31 | Class S Shares | KCGSX | 19,406 | 2,391,207.32 | 0.9244 |
| Advisors' Inner Circle Fund III | 2025-07-31 | I Shares | KCGIX | 19,406 | 2,391,207.32 | 0.9244 |