Arista Networks, Inc. (ANET) Quarterly Financials

120+ quarters historyFree accessUpdated daily

Arista Networks, Inc. (ANET) quarterly income statement — complete revenue, gross profit & net income history

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23

Sales/Revenue	2.71B	2.49B	2.31B	2.2B	2B	1.93B	1.81B	1.69B	1.57B	1.54B	1.51B	1.46B
Revenue Growth %	35.13%	28.87%	27.47%	30.43%	27.58%	25.32%	19.97%	15.87%	16.28%	20.77%	28.27%	38.7%
Cost of Goods Sold	1.03B	924M	818.1M	766.2M	728.7M	699.44M	649.2M	593.2M	570M	541.21M	567.04M	574.79M
COGS % of Revenue	38.1%	37.14%	35.44%	34.75%	36.35%	36.23%	35.85%	35.09%	36.27%	35.13%	37.57%	39.4%
Gross Profit	1.68B	1.56B	1.49B	1.44B	1.28B	1.23B	1.16B	1.1B	1B	999.23M	942.42M	884.13M
Gross Margin %	61.9%	62.86%	64.56%	65.25%	63.65%	63.77%	64.15%	64.91%	63.73%	64.87%	62.43%	60.6%
Gross Profit Growth %	31.4%	27.04%	28.28%	31.12%	27.43%	23.19%	23.27%	24.1%	24.47%	30%	32.74%	37.44%
Operating Expenses	519M	530.9M	512M	452.4M	417.3M	431.34M	376.4M	397.6M	341.2M	359.31M	339.72M	354.07M
OpEx % of Revenue	19.16%	21.34%	22.18%	20.52%	20.82%	22.34%	20.79%	23.52%	21.71%	23.33%	22.51%	24.27%
Selling, General & Admin	175.3M	182.5M	186M	155.9M	150.9M	146.33M	140.6M	130.1M	132.8M	147.83M	127.37M	124.39M
SG&A % of Revenue	6.47%	7.34%	8.06%	7.07%	7.53%	7.58%	7.76%	7.7%	8.45%	9.6%	8.44%	8.53%
Research & Development	343.7M	348.4M	326M	296.5M	266.4M	285.02M	235.8M	267.5M	208.4M	211.48M	212.35M	229.68M
R&D % of Revenue	12.69%	14%	14.12%	13.45%	13.29%	14.76%	13.02%	15.82%	13.26%	13.73%	14.07%	15.74%
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	1.16B	1.03B	978.2M	986.2M	858.8M	799.65M	785.3M	699.6M	660.2M	639.91M	602.7M	530.06M
Operating Margin %	42.74%	41.52%	42.38%	44.73%	42.84%	41.42%	43.37%	41.39%	42.01%	41.54%	39.93%	36.33%
Operating Income Growth %	34.82%	29.17%	24.56%	40.97%	30.08%	24.96%	30.3%	31.98%	36.24%	36.47%	44.41%	46.08%
EBITDA	1.16B	1.06B	1B	999M	872.6M	815.04M	800.9M	715.1M	675.8M	654.31M	619.7M	548.38M
EBITDA Margin %	42.74%	42.44%	43.38%	45.31%	43.53%	42.22%	44.23%	42.3%	43.01%	42.48%	41.05%	37.59%
EBITDA Growth %	32.68%	29.53%	25.03%	39.7%	29.12%	24.56%	29.24%	30.4%	33.69%	34.51%	42.62%	45.16%
D&A (Non-Cash Add-back)	0	22.8M	23.2M	12.8M	13.8M	15.39M	15.6M	15.5M	15.6M	14.4M	17.01M	18.32M
EBIT	1.16B	1.03B	978.2M	986.2M	858.8M	799.65M	785.3M	699.6M	660.2M	639.91M	602.7M	530.06M
Net Interest Income	109.2M	103M	99.8M	90.4M	90.2M	90.35M	85.4M	71.4M	63.8M	54.03M	43.68M	32.21M
Interest Income	109.2M	103M	99.8M	90.4M	90.2M	90.35M	85.4M	71.4M	63.8M	54.03M	43.68M	32.21M
Interest Expense	0	0	0	0	0	0	0	0	0	0	0	0
Other Income/Expense	113.6M	104.5M	98.9M	94M	96.2M	89.28M	97.6M	70.8M	62.6M	54.48M	41.81M	56.34M
Pretax Income	1.27B	1.14B	1.08B	1.08B	955M	888.93M	882.9M	770.4M	722.8M	694.39M	644.51M	586.4M
Pretax Margin %	46.93%	45.72%	46.66%	48.99%	47.64%	46.05%	48.75%	45.57%	46%	45.08%	42.7%	40.19%
Income Tax	248.5M	181.6M	224.1M	191.4M	141.2M	87.93M	134.9M	105M	85.1M	80.75M	99.18M	94.52M
Effective Tax Rate %	19.55%	15.97%	20.81%	17.72%	14.79%	9.89%	15.28%	13.63%	11.77%	11.63%	15.39%	16.12%
Net Income	1.02B	955.8M	853M	888.8M	813.8M	801M	748M	665.4M	637.7M	613.64M	545.33M	491.88M
Net Margin %	37.76%	38.42%	36.95%	40.31%	40.59%	41.49%	41.31%	39.36%	40.58%	39.84%	36.13%	33.72%
Net Income Growth %	25.69%	19.33%	14.04%	33.57%	27.61%	30.53%	37.17%	35.28%	46.1%	43.68%	54.05%	64.46%
Net Income (Continuing)	1.02B	955.8M	853M	888.8M	813.8M	801M	748M	665.4M	637.7M	613.64M	545.33M	491.88M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	0.80	0.75	0.67	0.70	0.64	0.62	0.58	0.52	0.50	0.48	0.43	0.39
EPS Growth %	25%	20.97%	15.52%	34.62%	28%	29.17%	34.88%	33.33%	42.86%	41.18%	53.57%	62.5%
EPS (Basic)	0.81	0.76	0.68	0.71	0.65	0.64	0.60	0.53	0.51	0.49	0.44	0.40
Diluted Shares Outstanding	1.27B	1.28B	1.28B	1.27B	1.28B	1.28B	1.28B	1.28B	1.28B	1.28B	1.27B	1.27B
Basic Shares Outstanding	1.26B	1.26B	1.26B	1.26B	1.26B	1.26B	1.26B	1.25B	1.25B	1.25B	1.24B	1.23B
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-	-	-

Arista Networks, Inc. (ANET) Quarterly Financials

120+ quarters historyFree accessUpdated daily

Arista Networks, Inc. (ANET) quarterly income statement — complete revenue, gross profit & net income history

Annual Quarterly

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23

Sales/Revenue	2.71B	2.49B	2.31B	2.2B	2B	1.93B	1.81B	1.69B	1.57B	1.54B	1.51B	1.46B
Revenue Growth %	35.13%	28.87%	27.47%	30.43%	27.58%	25.32%	19.97%	15.87%	16.28%	20.77%	28.27%	38.7%
Cost of Goods Sold	1.03B	924M	818.1M	766.2M	728.7M	699.44M	649.2M	593.2M	570M	541.21M	567.04M	574.79M
COGS % of Revenue	38.1%	37.14%	35.44%	34.75%	36.35%	36.23%	35.85%	35.09%	36.27%	35.13%	37.57%	39.4%
Gross Profit	1.68B	1.56B	1.49B	1.44B	1.28B	1.23B	1.16B	1.1B	1B	999.23M	942.42M	884.13M
Gross Margin %	61.9%	62.86%	64.56%	65.25%	63.65%	63.77%	64.15%	64.91%	63.73%	64.87%	62.43%	60.6%
Gross Profit Growth %	31.4%	27.04%	28.28%	31.12%	27.43%	23.19%	23.27%	24.1%	24.47%	30%	32.74%	37.44%
Operating Expenses	519M	530.9M	512M	452.4M	417.3M	431.34M	376.4M	397.6M	341.2M	359.31M	339.72M	354.07M
OpEx % of Revenue	19.16%	21.34%	22.18%	20.52%	20.82%	22.34%	20.79%	23.52%	21.71%	23.33%	22.51%	24.27%
Selling, General & Admin	175.3M	182.5M	186M	155.9M	150.9M	146.33M	140.6M	130.1M	132.8M	147.83M	127.37M	124.39M
SG&A % of Revenue	6.47%	7.34%	8.06%	7.07%	7.53%	7.58%	7.76%	7.7%	8.45%	9.6%	8.44%	8.53%
Research & Development	343.7M	348.4M	326M	296.5M	266.4M	285.02M	235.8M	267.5M	208.4M	211.48M	212.35M	229.68M
R&D % of Revenue	12.69%	14%	14.12%	13.45%	13.29%	14.76%	13.02%	15.82%	13.26%	13.73%	14.07%	15.74%
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	1.16B	1.03B	978.2M	986.2M	858.8M	799.65M	785.3M	699.6M	660.2M	639.91M	602.7M	530.06M
Operating Margin %	42.74%	41.52%	42.38%	44.73%	42.84%	41.42%	43.37%	41.39%	42.01%	41.54%	39.93%	36.33%
Operating Income Growth %	34.82%	29.17%	24.56%	40.97%	30.08%	24.96%	30.3%	31.98%	36.24%	36.47%	44.41%	46.08%
EBITDA	1.16B	1.06B	1B	999M	872.6M	815.04M	800.9M	715.1M	675.8M	654.31M	619.7M	548.38M
EBITDA Margin %	42.74%	42.44%	43.38%	45.31%	43.53%	42.22%	44.23%	42.3%	43.01%	42.48%	41.05%	37.59%
EBITDA Growth %	32.68%	29.53%	25.03%	39.7%	29.12%	24.56%	29.24%	30.4%	33.69%	34.51%	42.62%	45.16%
D&A (Non-Cash Add-back)	0	22.8M	23.2M	12.8M	13.8M	15.39M	15.6M	15.5M	15.6M	14.4M	17.01M	18.32M
EBIT	1.16B	1.03B	978.2M	986.2M	858.8M	799.65M	785.3M	699.6M	660.2M	639.91M	602.7M	530.06M
Net Interest Income	109.2M	103M	99.8M	90.4M	90.2M	90.35M	85.4M	71.4M	63.8M	54.03M	43.68M	32.21M
Interest Income	109.2M	103M	99.8M	90.4M	90.2M	90.35M	85.4M	71.4M	63.8M	54.03M	43.68M	32.21M
Interest Expense	0	0	0	0	0	0	0	0	0	0	0	0
Other Income/Expense	113.6M	104.5M	98.9M	94M	96.2M	89.28M	97.6M	70.8M	62.6M	54.48M	41.81M	56.34M
Pretax Income	1.27B	1.14B	1.08B	1.08B	955M	888.93M	882.9M	770.4M	722.8M	694.39M	644.51M	586.4M
Pretax Margin %	46.93%	45.72%	46.66%	48.99%	47.64%	46.05%	48.75%	45.57%	46%	45.08%	42.7%	40.19%
Income Tax	248.5M	181.6M	224.1M	191.4M	141.2M	87.93M	134.9M	105M	85.1M	80.75M	99.18M	94.52M
Effective Tax Rate %	19.55%	15.97%	20.81%	17.72%	14.79%	9.89%	15.28%	13.63%	11.77%	11.63%	15.39%	16.12%
Net Income	1.02B	955.8M	853M	888.8M	813.8M	801M	748M	665.4M	637.7M	613.64M	545.33M	491.88M
Net Margin %	37.76%	38.42%	36.95%	40.31%	40.59%	41.49%	41.31%	39.36%	40.58%	39.84%	36.13%	33.72%
Net Income Growth %	25.69%	19.33%	14.04%	33.57%	27.61%	30.53%	37.17%	35.28%	46.1%	43.68%	54.05%	64.46%
Net Income (Continuing)	1.02B	955.8M	853M	888.8M	813.8M	801M	748M	665.4M	637.7M	613.64M	545.33M	491.88M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	0.80	0.75	0.67	0.70	0.64	0.62	0.58	0.52	0.50	0.48	0.43	0.39
EPS Growth %	25%	20.97%	15.52%	34.62%	28%	29.17%	34.88%	33.33%	42.86%	41.18%	53.57%	62.5%
EPS (Basic)	0.81	0.76	0.68	0.71	0.65	0.64	0.60	0.53	0.51	0.49	0.44	0.40
Diluted Shares Outstanding	1.27B	1.28B	1.28B	1.27B	1.28B	1.28B	1.28B	1.28B	1.28B	1.28B	1.27B	1.27B
Basic Shares Outstanding	1.26B	1.26B	1.26B	1.26B	1.26B	1.26B	1.26B	1.25B	1.25B	1.25B	1.24B	1.23B
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-	-	-

ANET Income Statement

ANET Income Statement