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    Arista Networks (ANET)

    Official site

    TECHNOLOGY • COMPUTER HARDWARE • NYSE

    $182.97
    +5.99 (+3.38%)

    Market Cap: $223.21B

    Last updated: Oct 19, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    100%(39/39)
    Avg Surprise
    +13.81%
    Streak
    49 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.08
    Range$1.06 - $1.12
    26 analysts
    EPS Revisions
    1
    0
    7d
    1
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$0.91+18.1%
    60d ago$1.08+0.2%
    30d ago$1.08+0.2%
    7d ago$1.08+0.2%
    Current$1.08
    Revenue Consensus
    $3.3B
    Range$3.3B - $3.5B
    23 analysts
    Period ending Dec 31, 2026
    EPS Consensus$1.34
    Range$1.28 - $1.45
    29 analysts
    Revenue Consensus
    $3.9B
    Range$3.8B - $4.2B
    27 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$1.34---
    Sep 26EST
    		-$1.08---
    Jun 26
    Reported Aug 4
    		$0.95$0.80+18.75%Beat+30.1%
    Mar 26
    Reported May 5
    		$0.87$0.81+7.41%Beat+33.8%
    Dec 25
    Reported Feb 12
    		$0.82$0.76+7.89%Beat+26.2%
    Sep 25
    Reported Nov 4
    		$0.75$0.71+5.63%Beat+25.0%
    Jun 25
    Reported Aug 5
    		$0.73$0.65+12.31%Beat+37.7%
    Mar 25
    Reported May 6
    		$0.65$0.59+10.17%Beat+30.0%
    Dec 24
    Reported Feb 18
    		$0.65$0.57+14.04%Beat+25.0%
    Sep 24
    Reported Nov 7
    		$0.60$0.52+15.38%Beat+30.4%
    Jun 24
    Reported Jul 29
    		$0.53$0.48+10.42%Beat+32.5%
    Mar 24
    Reported May 6
    		$0.50$0.44+13.64%Beat+38.9%
    Dec 23
    Reported Feb 12
    		$0.52$0.43+20.93%Beat+48.6%
    Sep 23
    Reported Oct 30
    		$0.46$0.39+17.95%Beat+48.4%
    Jun 23
    Reported Jul 31
    		$0.40$0.36+11.11%Beat+48.1%
    Mar 23
    Reported May 1
    		$0.36$0.34+5.88%Beat+71.4%
    Dec 22
    Reported Feb 13
    		$0.35$0.30+16.67%Beat+66.7%
    Sep 22
    Reported Oct 31
    		$0.31$0.26+19.23%Beat+63.2%
    Jun 22
    Reported Aug 1
    		$0.27$0.23+17.39%Beat+58.8%
    Mar 22
    Reported May 2
    		$0.21$0.20+5.00%Beat+31.2%
    Dec 21
    Reported Feb 14
    		$0.21$0.18+16.67%Beat-66.1%
    Sep 21
    Reported Nov 1
    		$0.19$0.17+11.76%Beat+26.7%
    Jun 21
    Reported Aug 2
    		$0.17$0.16+6.25%Beat+30.8%
    Mar 21
    Reported May 4
    		$0.16$0.15+6.67%Beat+23.1%
    Dec 20
    Reported Feb 18
    		$0.62$0.60+3.33%Beat+342.9%
    Sep 20
    Reported Nov 2
    		$0.15$0.14+7.14%Beat-11.8%
    Jun 20
    Reported Aug 4
    		$0.13$0.12+8.33%Beat-13.3%
    Mar 20
    Reported May 5
    		$0.13$0.11+18.18%Beat-7.1%
    Dec 19
    Reported Feb 13
    		$0.14$0.13+7.69%Beat+0.0%
    Sep 19
    Reported Oct 31
    		$0.17$0.15+13.33%Beat+30.8%
    Jun 19
    Reported Aug 1
    		$0.15$0.14+7.14%Beat+25.0%
    Mar 19
    Reported May 2
    		$0.14$0.13+7.69%Beat+40.0%
    Dec 18
    Reported Feb 14
    		$0.14$0.13+7.69%Beat+27.3%
    Sep 18
    Reported Nov 1
    		$0.13$0.12+8.33%Beat+30.0%
    Jun 18
    Reported Aug 2
    		$0.12$0.11+9.09%Beat+50.0%
    Mar 18
    Reported May 3
    		$0.10$0.09+11.11%Beat+66.7%
    Dec 17
    Reported Feb 15
    		$0.11$0.09+22.22%Beat+57.1%
    Sep 17
    Reported Nov 2
    		$0.10$0.07+42.86%Beat-
    Jun 17
    Reported Aug 3
    		$0.08$0.06+33.33%Beat-
    Mar 17
    Reported May 4
    		$0.06$0.05+20.00%Beat-
    Dec 16
    Reported Feb 16
    		$0.07$0.05+40.00%Beat-

    Key Metrics

    Valuation
    P/E Ratio53.97EV/EBITDA44.91x
    Price/FCF44.72xFCF Yield2.24%
    Profitability
    Profit Margin38.40%Operating Margin45.40%
    ROE31.50%ROICN/A
    Financial Health
    Debt/Equity0.00xInterest CoverageN/A
    Current Ratio2.96xQuick Ratio2.59x
    Trading Statistics
    Beta1.60Avg Volume5.15M
    52-Week High$217.4152-Week Low$114.52

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$201.53
    SMA 20$203.31
    SMA 50$198.31
    SMA 200$162.90
    EMA 10$195.38
    EMA 20$199.06
    EMA 50$195.68
    EMA 200$168.55

    MACD

    Line: -2.36Signal: 1.64Hist: -4.00

    ADX

    ADX: 23.5+DI: 14.6-DI: 32.3

    Aroon & PSAR

    Aroon Up76.0
    Aroon Down96.0
    PSAR$210.85

    Bollinger Bands

    Upper Band$224.52
    Lower Band$182.10
    %B Position2086%(Upper)
    Band Width0.02

    RSI (14-Day)

    Neutral
    37.5

    Momentum Oscillators

    Stoch %K11.3
    Stoch %D13.7
    Williams %R-84.7
    ROC (10d)-11.6%
    Momentum-23.93
    CCI (20d)-196.2
    MFI (14d)41.2

    Volatility Measures

    ATR (14d)$8.41(4.6%)
    StdDev (20d)10.60
    Hist Vol40.5%(High)

    Volume Flow

    VWAP$182.60
    OBV417.5M
    AD Line259.2M
    CMF (20d)0.018

    Volume Metrics

    Avg Vol (20d)5.2M
    Vol Ratio1.2x
    VWMA (20d)$201.48

    Pivot Points

    R3$190.13
    R2$187.41
    R1$182.20
    Pivot Point$179.48
    S1$174.27
    S2$171.55
    S3$166.34

    Advanced Oscillators

    TSI-7.61
    Ultimate Osc43.4
    KST28.59

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$3.04B$2.71B$2.49B$2.31B$2.20B$2.00B$1.93B$1.81B$1.69B$1.57B$1.54B$1.51B
    Cost of Revenue$1.13B$1.03B$924.00M$818.10M$766.20M$728.70M$699.40M$649.20M$593.20M$570.00M$541.22M$567.04M
    Gross Profit$1.91B$1.68B$1.56B$1.49B$1.44B$1.28B$1.23B$1.16B$1.10B$1.00B$999.25M$942.42M
    Operating Expenses$532.30M$519.00M$530.90M$512.00M$452.40M$417.30M$431.50M$376.40M$397.60M$341.20M$359.28M$339.72M
    R&D$348.20M$343.70M$348.40M$326.00M$296.50M$266.40M$285.00M$235.80M$267.50M$208.40M$211.46M$212.35M
    SG&A$33.80M$33.70M$43.40M$34.80M$29.40M$34.30M$35.50M$33.80M$25.70M$27.70M$42.31M$25.34M
    Operating Income$1.38B$1.16B$1.03B$978.20M$986.20M$858.80M$799.50M$785.30M$699.60M$660.20M$639.97M$602.70M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$0$0$0$0$0$0$0$0$0$0$0$0
    Income Before Tax$1.50B$1.27B$1.14B$1.08B$1.08B$955.00M$889.00M$882.90M$770.40M$722.80M$694.37M$644.51M
    Income Tax Expense$291.40M$248.50M$181.60M$224.10M$191.40M$141.20M$88.00M$134.90M$105.00M$85.10M$80.75M$99.18M
    Net Income$1.21B$1.02B$955.80M$853.00M$888.80M$813.80M$801.00M$748.00M$665.40M$637.70M$613.62M$545.33M
    EBITDA$1.53B$1.29B$1.16B$1.10B$1.09B$968.80M$904.30M$898.50M$785.90M$738.40M$708.73M$651.13M
    EBIT$1.50B$1.27B$1.14B$1.08B$1.08B$955.00M$889.00M$882.90M$770.40M$722.80M$694.37M$644.51M
    * Some calculated fields are derived from available data when not provided by source

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    News

    Did Rack Scale AI Networking Just Shift Arista Networks' (ANET) Investment Narrative?

    Arista Networks recently unveiled a new open Ethernet rack scale portfolio designed for AI data centers, featuring liquid-cooled racks supporting a large number of accelerators and multiple AI interconnect standards....

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    Arista Networks Is Outgrowing The Market Fourfold: What To Watch Next

    Arista Networks (ANET) stock trades at a high valuation, indicating market confidence in its rapid profit growth. The company has demonstrated significant revenue expansion...

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    Cisco Systems (CSCO) Unveiled 102.4T AI Networking Platforms

    Cisco Systems announced new AI networking platforms featuring Silicon One P200, G300, and G302 switching chips, offering 51.2T and 102.4T systems. This initiative includes 1.6T optical modules and liquid cooling...

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    Networking Stocks Rally as Tech Rebound Lifts AI Gear Makers: Ciena and Arista Climb 4%, but Cisco Barely Moves

    Networking stocks Ciena and Arista surged 4% due to strong demand for AI infrastructure, while Cisco's stock remained largely unchanged. Ciena reported robust Q3 2026 results with significant revenue growth and a growing...

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    Arista Networks Inc. stock outperforms competitors on strong trading day

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    ANET Valuation and Fair Value

    P/E
    54.0x
    Forward P/E
    39.2x
    EV/EBITDA
    44.9x
    P/FCF
    44.7x
    PEG
    1.5x
    P/B
    15.6x
    See GNG's fair value

    ANET Profitability: Margins, ROIC and FCF

    Gross margin
    63.0%
    Operating margin
    45.4%
    Net margin
    38.4%
    ROE
    31.5%
    FCF margin
    48.9%
    FCF yield
    2.2%

    ANET Competitors

    CompanyTicker
    Crowdstrike Holdings IncCRWD
    Shopify IncSHOP
    Arm Holdings plc American Depositary SharesARM
    International Business MachinesIBM
    Texas Instruments IncorporatedTXN
    KLA CorporationKLAC
    SAP SE ADRSAP
    Marvell Technology Group LtdMRVL

    Sector: Technology

    ANET Analyst Ratings

    Consensus
    Buy
    Analysts
    32
    Strong Buy
    7
    Buy
    24
    Hold
    1
    Sell
    0
    Strong Sell
    0

    ANET Bull Case vs Bear Case

    Bull case

    • ANET converts 48.9% of revenue into free cash flow.
    • ANET has a 38.4% net profit margin.
    • ANET beat EPS estimates in 100.0% of its last 8 reported quarters.

    Bear case

    • ANET trades at 54.0x trailing earnings.

    ANET Earnings: Beat Rate and Next Report

    Beat rate
    8 of 8 quarters (100.0%)
    Average surprise
    11.4%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $1.08
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    1 up, 0 down

    Frequently Asked Questions About ANET

    Does ANET pay dividends?

    Arista Networks (ANET) does not currently pay a regular dividend.

    What is ANET's P/E ratio?

    Arista Networks has a price-to-earnings (P/E) ratio of 53.97.

    What is ANET's market cap?

    Arista Networks (ANET) has a market capitalization of $223.21B with a current stock price of $182.97.

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