Arista Networks, Inc. (ANET)

193.78USD +1.22% (+2.34)

Over 1M: +2.7%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

190 200 210
7 Aug 12 Aug 17 Aug 20 Aug 25 Aug 28 Aug 2 Sep

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '25 — Gross Profit: 1.5B Q3 '25 — Operating Cash Flow: 1.3B Q3 '25 — Free Cash Flow: 1.2B Q4 '25 — Gross Profit: 1.6B Q4 '25 — Operating Cash Flow: 1.3B Q4 '25 — Free Cash Flow: 1.2B Q1 '26 — Gross Profit: 1.7B Q1 '26 — Operating Cash Flow: 1.7B Q1 '26 — Free Cash Flow: 1.6B Q2 '26 — Gross Profit: 1.9B Q2 '26 — Operating Cash Flow: 1.1B Q2 '26 — Free Cash Flow: 1.1B 0 400M 800M 1.2B 1.6B 2B
Q3 '25 Q4 '25 Q1 '26 Q2 '26
Gross Profit Operating Cash Flow Free Cash Flow

How it scores

For a valuation multiple, the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

9.3
OE margin 44.4%
ROIC 247.0%
Oper. margin 43.1%
Accruals -5.3%
FCF margin 49.2%
OCF margin 50.3%
ROA 17.1%
ROCE 26.9%
ROE 27.3%
Gross margin 63.0%
OCF / EBIT 1.2×

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

4.0
EV/OE 49.3×
EV/EBIT 50.8×
FCF yield 2.1%
P/C 18.3×
EV/GP 34.8×
EV/Sales 21.9×
P/B 16.5×
P/E 60.4×
Div. yield —
Fwd P/E —
PEG —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

7.5
RPO / sales 0.48×
RPO growth 7.5%
Segment HHI —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

10.0
Current ratio 11.7×
ND/EBITDA 0.058
Interest cover —
Debt / Eq 0.0×
Debt payback 0.0 yr
Payout 0.0%
Quick ratio 2.6×
F-score 4.5 pts
Cash / Debt —
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

7.0
Sales/sh Y/Y +33.1%
Sales CAGR 4Y +32.2%
EBIT CAGR +36.6%
Sales Q/Q +37.7%
Shares change -0.42%
EBIT Y/Y +32.6%
EPS Y/Y +24.9%
Div. growth —
EPS CAGR 4Y —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.