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.

176.98 8.60 −4.63%
Market cap
$234.1B
P/E
55.1×
Fwd P/E
46.1×
Dividend yield
—
F-score
4/9
Altman Z
16.45
Beneish M
−2.24
Dividend safety
n/a

Arista Networks, Inc. (ANET) EV/Sales

Alert me on 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

Against its own ten years

Low 3.4× High 24.6×
Ten-year median 9.0×
Current reading's percentile 94

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)

The full definition of EV/Sales →

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