Arista Networks, Inc.
ANET Technology Computer Hardware
Arista Networks, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.0 billion, up 28.6% from fiscal 2024. In the quarter to June 2026, revenue grew 37.7%, EPS grew 35.2% and free cash flow fell 10.4%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for five consecutive years, operating cash flow growth for three.
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Arista Networks, Inc. (ANET) EV/Sales
As of 16 October 2026, Arista Networks, Inc. (ANET) trades at a EV/Sales of 19.9×. Over the past ten years it has ranged from 3.4× (February 2016) to 24.6× (October 2026); the current reading is higher than 95% of that period. That is above the Computer Hardware industry median of 2.2× and above the Technology sector median of 2.7×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 17.1× | (8.22%) |
| FY2024 | 18.6× | 63.93% |
| FY2023 | 11.4× | 46.28% |
| FY2022 | 7.8× | (43.66%) |
| FY2021 | 13.8× | 66.25% |
| FY2020 | 8.3× | 56.00% |
| FY2019 | 5.3× | (17.21%) |
| FY2018 | 6.4× | (30.36%) |
| FY2017 | 9.2× | 78.16% |
| FY2016 | 5.2× | (3.42%) |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 19.0× | 30.14% |
| Mar 2026 | 14.6× | (14.49%) |
| Dec 2025 | 17.1× | (16.53%) |
| Sep 2025 | 20.5× | 36.18% |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| SMCI Super Micro Computer, Inc. compare | 0.5× |
| HPQ HP Inc. compare | 0.5× |
| DELL Dell Technologies Inc. compare | 2.0× |
| LOGI Logitech International S.A. compare | 2.7× |
| WDC Western Digital Corporation compare | 9.0× |
| SNDK Sandisk Corporation compare | 9.2× |
| P Everpure, Inc. compare | 9.5× |
| STX Seagate Technology Holdings PLC compare | 11.6× |
| ANET Arista Networks, Inc. | 19.9× |
| Computer Hardware industry median | 2.2× |
| Technology sector median | 2.7× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement