NYSE:ANET
Arista Networks, Inc.
Arista Networks, Inc.'s revenue grew 28.6% in fiscal 2025 to $9.0B while operating margin rose to 42.8%, its highest in 10 years. Free cash flow was $4.3B, 47.2% of revenue.Summary generated from Arista Networks, Inc.'s SEC filings. Latest annual report filed Feb 17, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$9.0B
Revenue growth+28.6%
Revenue, 5-yr CAGR+31.2%
Gross margin64.1%
Operating margin42.8%
Net margin39.0%
ROICn/a
Return on equity31.4%
Debt / equityn/a
Free cash flow$4.3B
FCF margin47.2%
Share count change−0.4%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 2,948 | 4,381 | 5,860 | 7,003 | 9,006 |
| Operating income | 925 | 1,527 | 2,257 | 2,945 | 3,856 |
| Net income | 841 | 1,352 | 2,087 | 2,852 | 3,511 |
| Free cash flow | 951 | 448 | 2,000 | 3,676 | 4,252 |
Recent filings
- 4Insider transaction report
Oct 9, 2026 - 4Insider transaction report
Oct 8, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 5, 2026 - 8-KResults of operations and financial condition
Aug 4, 2026 - 8-KResults of a shareholder vote
Jun 2, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 6, 2026 - 8-KResults of operations and financial condition
May 5, 2026 - DEF 14AProxy statement
Apr 16, 2026