Arista Networks, Inc. (ANET) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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ANET Revenue Growth
Revenue Breakdown (FY 2025)
ANET's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
ANET Revenue Analysis (2014–2025)
As of May 7, 2026, Arista Networks, Inc. (ANET) generated trailing twelve-month (TTM) revenue of $9.71 billion, reflecting explosive growth of +35.1% year-over-year. The most recent quarter (Q1 2026) recorded $2.71 billion in revenue, up 8.9% sequentially.
Looking at the longer-term picture, ANET's 5-year compound annual growth rate (CAGR) stands at +31.2%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $9.01 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows ANET's business is primarily driven by Product (84%), and Service (16%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including CSCO (+9.0% YoY), EXTR (+14.9% YoY), and CIEN (+26.5% YoY), ANET has outperformed the peer group in terms of revenue growth. Compare ANET vs CSCO →
ANET Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ANETCurrent | $9.7B | +35.1% | +31.2% | 42.8% | |
 CSCO | $56.7B | +9.0% | +2.8% | 20.8% | |
 EXTR | $1.1B | +14.9% | +3.8% | 1.5% | |
 CIEN | $4.8B | +26.5% | +6.2% | 6.5% | |
 NTGR | $693M | +2.8% | -11.2% | -5.1% | |
 HPE | $34.3B | +14.9% | +4.9% | 4.8% |
ANET Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $9.01B | +28.6% | $5.77B | 64.1% | $3.86B | 42.8% |
| 2024 | $7.00B | +19.5% | $4.49B | 64.1% | $2.94B | 42.0% |
| 2023 | $5.86B | +33.8% | $3.63B | 61.9% | $2.26B | 38.5% |
| 2022 | $4.38B | +48.6% | $2.68B | 61.1% | $1.53B | 34.9% |
| 2021 | $2.95B | +27.2% | $1.88B | 63.8% | $924.7M | 31.4% |
| 2020 | $2.32B | -3.9% | $1.48B | 63.9% | $699.7M | 30.2% |
| 2019 | $2.41B | +12.1% | $1.54B | 64.1% | $805.8M | 33.4% |
| 2018 | $2.15B | +30.7% | $1.37B | 63.8% | $273.3M | 12.7% |
| 2017 | $1.65B | +45.8% | $1.06B | 64.5% | $470.3M | 28.6% |
| 2016 | $1.13B | +34.8% | $723.1M | 64.0% | $243.4M | 21.6% |
Full ANET Stock Analysis
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Start ComparisonANET — Frequently Asked Questions
Quick answers to the most common questions about buying ANET stock.
Is ANET's revenue growth accelerating or slowing?
ANET revenue is accelerating at +35.1% year-over-year, exceeding the 5-year CAGR of +31.2%. TTM revenue reached $9.7B. Growth momentum has increased versus prior periods.
What is ANET's long-term revenue growth rate?
Arista Networks, Inc.'s 5-year revenue CAGR of +31.2% reflects the sustained expansion pattern. Current YoY growth of +35.1% is above this long-term average.
How is ANET's revenue distributed by segment?
ANET reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.