FN2 Earnings Intelligence
Arista Networks, Inc. ratios (quarterly)
Arista Networks, Inc. (ANET) Ratios (quarterly) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 9/30/2024 | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 |
|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - |
| - Cash | $3,175.1 | $1,845.1 | $2,225.5 | $2,326.6 | $2,789.5 |
| + Debt | - | - | - | - | - |
| Enterprise Value | - | - | - | - | - |
| Revenue | $1,810.9 | $2,004.8 | $2,204.8 | $2,308.3 | $2,709 |
| % Growth | - | - | - | - | - |
| Gross Profit | $1,161.7 | $1,276.1 | $1,438.6 | $1,490.2 | $1,676.8 |
| % Margin | 64.2% | 63.7% | 65.2% | 64.6% | 61.9% |
| EBITDA | - | $872.6 | $993.9 | $985.6 | $1,181.1 |
| % Margin | - | 43.5% | 45.1% | 42.7% | 43.6% |
| Net Income | $747.9 | $813.8 | $888.8 | $853 | $1,022.9 |
| % Margin | 41.3% | 40.6% | 40.3% | 37.0% | 37.8% |
| Diluted EPS | $2.33 | $0.64 | $0.70 | $0.67 | $0.80 |
| % Growth | - | - | - | - | - |
| Operating Cash Flow | - | $641.7 | - | - | $1,693.5 |
| CapEx | - | $28.4 | - | - | $54.5 |
| Free Cash Flow | - | $613.3 | - | - | $1,639 |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 9/30/2024 | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 |
|---|---|---|---|---|---|
| Revenue | $1,810.9 | $2,004.8 | $2,204.8 | $2,308.3 | $2,709 |
| Gross Profit | $1,161.7 | $1,276.1 | $1,438.6 | $1,490.2 | $1,676.8 |
| EBITDA | - | $872.6 | $993.9 | $985.6 | $1,181.1 |
| Net Income | $747.9 | $813.8 | $888.8 | $853 | $1,022.9 |
| Diluted EPS | $2.33 | $0.64 | $0.70 | $0.67 | $0.80 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 9/30/2024 | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 |
|---|---|---|---|---|---|
| Cash & Equivalents | $3,175.1 | $1,845.1 | $2,225.5 | $2,326.6 | $2,789.5 |
| Short-term Debt | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - |
| Total Debt | - | - | - | - | - |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 9/30/2024 | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | $641.7 | - | - | $1,693.5 |
| Capital Expenditure | - | $28.4 | - | - | $54.5 |
| Free Cash Flow | - | $613.3 | - | - | $1,639 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 9/30/2024 | 3/31/2025 | 6/30/2025 | 9/30/2025 | 3/31/2026 |
|---|---|---|---|---|---|
| Revenue Growth | - | - | - | - | - |
| Gross Margin | 64.2% | 63.7% | 65.2% | 64.6% | 61.9% |
| EBITDA Margin | - | 43.5% | 45.1% | 42.7% | 43.6% |
| Net Margin | 41.3% | 40.6% | 40.3% | 37.0% | 37.8% |
| FCF Margin | - | 30.6% | - | - | 60.5% |
| Diluted EPS Growth | - | - | - | - | - |