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) Net margin
Arista Networks, Inc.'s net margin over the twelve months to 30 June 2026 was 38.4%, down 0.6 percentage points from fiscal 2025 (39.0%). Over the past ten years it has ranged from 14.2% (fiscal 2015) to 40.7% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Computer Hardware industry median of −14.2% and above the Technology sector median of 0.00%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 39.0% | (1.74) |
| FY2024 | 40.7% | 5.11 |
| FY2023 | 35.6% | 4.75 |
| FY2022 | 30.9% | 2.35 |
| FY2021 | 28.5% | 1.14 |
| FY2020 | 27.4% | (8.27) |
| FY2019 | 35.7% | 20.41 |
| FY2018 | 15.2% | (10.42) |
| FY2017 | 25.7% | 9.46 |
| FY2016 | 16.2% | 1.98 |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Jun 2026 | 40.0% | 2.19 |
| Mar 2026 | 37.8% | (0.66) |
| Dec 2025 | 38.4% | 1.47 |
| Sep 2025 | 37.0% | (3.36) |
| 42 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| WDC Western Digital Corporation compare | 73.0% |
| SNDK Sandisk Corporation compare | 56.5% |
| ANET Arista Networks, Inc. | 38.4% |
| STX Seagate Technology Holdings PLC compare | 26.1% |
| LOGI Logitech International S.A. compare | 16.3% |
| DELL Dell Technologies Inc. compare | 7.53% |
| P Everpure, Inc. compare | 5.94% |
| SMCI Super Micro Computer, Inc. compare | 5.71% |
| HPQ HP Inc. compare | 4.14% |
| Computer Hardware industry median | −14.2% |
| Technology sector median | 0.00% |
| Market median | 0.45% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
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