Following Arista Networks?

Arista Networks

Financial performance and company analysis from public filings and market data.
ANETNYSE
Arista Networks Common Stock
Latest close
$185.55
Oct 15, 2026 · completed session

Company snapshot

A consistent view of the latest supported company value and reported operating results.

Market cap
$234.02B
Reference close Oct 15, 2026
Revenue (TTM)
$10.54B
Net income (TTM)
$4.04B
Free cash flow (TTM)
Unknown

Fundamental lens

Four transparent questions from retained financial evidence. Each result stands on its own; Grizzly Bulls does not combine them into a score, ranking, or recommendation.

Profitability
Profitable
Is trailing-twelve-month net income positive?

Trailing-twelve-month net income is positive. As of 2026-06-30.

Net income (TTM): $4B
Cash generation
Unknown
Is trailing-twelve-month free cash flow positive?

The retained reader does not currently have the required trailing-twelve-month fact.

Liquidity
Unknown
Do reported current assets cover reported current liabilities?

Comparable current assets and current liabilities are not available for the same retained reporting date.

Recent operating direction
Mixed
What changed in the latest comparable reported results?

The latest retained results contain both improving and weakening material financial changes. As of 2026-08-05.

Free cash flow: $1.1B vs 1.2B USD on 2025-06-30 · Net income: $1.2B vs 888.8M USD on 2025-06-30 · Operating income: $1.4B vs 986.2M USD on 2025-06-30 · Revenue: $3B vs 2.2B USD on 2025-06-30
How this lens works

Profitability uses only the sign of retained trailing-twelve-month net income. Cash generation uses only the sign of retained trailing-twelve-month free cash flow, defined as operating cash flow less capital expenditures.

Liquidity compares current assets with current liabilities only when both are retained for the same reporting date. It does not infer liquidity from differently dated balance sheets.

Recent operating direction uses the latest supported material financial event when comparable history exists. The existing change methodology requires at least a 10% absolute change or a sign/zero transition and compares quarterly results only with the same fiscal quarter year over year.

Descriptive decision support only. No composite score, hidden weighting, cross-company rank, or investment recommendation is produced.

Market summary

Completed-session reference prices from IEX for Oct 15, 2026.

Open
$187.82
Completed session
High
$187.82
Completed session
Low
$178.61
Completed session
Close
$185.55
Completed session

Price statistics

1M close return
-3.7%
Through Oct 15, 2026
3M close return
8.0%
Through Oct 15, 2026
50-session reference-close average
$198.73
Through Oct 15, 2026

IEX historical data reflects IEX activity only and is presented as a source-scoped reference point, not as consolidated U.S. market history. Prices are unadjusted. Price returns exclude dividends and are not total returns. Historical statistics appear only when the retained source-session chain is complete and no split-like share-basis discontinuity is detected for that calculation window.

Data provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use.

Price history

Five years of adjusted closing-price history for this listing, shown as historical context rather than a live quote.

Arista Networks five-year adjusted closing-price history1254 observations from Oct 18, 2021 to Oct 15, 2026. Values range from $22.60 to $216.74.$232.27$175.97$119.67$63.37$7.07Oct 18, 2021Jan 17, 2023Apr 17, 2024Jul 18, 2025Oct 15, 2026
Provider-adjusted regular-session closes · Oct 18, 2021–Oct 15, 2026 · USD per share
Market history source
About this price history

The chart uses the market provider's adjusted daily close for the current listing. It does not stitch predecessor listings and does not represent total return, benchmark performance, or historical valuation.

About the company

Arista Networks provides data-driven networking platforms for AI, data center, campus, and routing environments, combining EOS software, network applications, and Ethernet switching and routing systems.

Company filing ↗
Sector
Information Technology
Industry
Networking Equipment & Software
Headquarters
Santa Clara, California, United States
Company profile reviewed from Arista Networks 2025 Form 10-K for the period ended Dec 31, 2025.
Listing & sources

Ticker: ANET · Exchange: NYSE · Arista Networks Common Stock

Company Research Map

These reviewed encyclopedia concepts are supported by public-company evidence for this business. Operating-model groups show how the reported concepts fit together without implying that every metric in the broader model is reported by this issuer.

Research coverage

Start with an operating model, then move into the supported concepts and economic bridges below. Coverage counts describe reviewed evidence links for this issuer, not standardized KPI completeness.

Networking Platform Economics

16 reviewed concepts

Connect networking product-category mix, hardware and support economics, customer and geographic concentration, deferred-revenue conversion, and supply-chain exposure to understand networking-platform performance.

How these metrics connect

These bridges come from the reviewed operating model. Linked concepts have public-company evidence for this issuer; broader bridge coverage remains explicit when the model contains additional concepts.

Platform mix and revenue composition
7 of 7 reviewed concepts

Core, Cognitive Adjacencies, and Software and Services describe Arista's product-category mix, while product and service revenue use the financial-statement classification. Product and service revenue mix therefore answer a different question from product-category mix and should be analyzed separately.

Unit economics and concentration
4 of 4 reviewed concepts

Product and service gross margins show the different cost structures of hardware-oriented shipments and support delivery. Non-Americas mix and top-two customer concentration show where revenue is generated and how dependent results are on a small number of large customers whose deployment timing and pricing can affect reported margins.

Deferred revenue and supply-chain commitments
5 of 5 reviewed concepts

Deferred revenue and its opening-balance recognition rate connect product acceptance and support contracts to future recognition, while the two-year future-revenue mix adds timing. Inventory write-downs and purchase commitments show the operating risk created when long-lead sourcing and product transitions outrun realized customer demand.