Arista Networks, Inc.ANET

NYSETechnologyComputer Communications Equipment
Price (close)
$206.55
Market cap
$260.5B
P/E
64.4x
Revenue (TTM)
$10.5B
Net income
$4.0B
Dividend yield
—
1-year total return
44.4%
Net margin
38.4%
Revenue growth
32.6%
Debt / equity
—

What Arista Networks, Inc. does.

In a world where data is increasingly a precious commodity and competitive differentiator, Arista was founded to enable our customers to access all their centers of data in the quickest, most reliable, and secure manner. Over the last two decades, we have emerged as an industry leader, delivering data-driven, client-to-cloud networking-as-a-service. Our “Centers of Data” strategy is a fundamental pivot from legacy networking approaches that create incongruent silos to a unified, data-driven approach in which the network is a service that interconnects four primary domains: AI Centers, Data Centers, Campus Centers, and WAN Centers. Anchored by Arista’s state-oriented Extensible Operating System (EOS) and Network Data Lake (NetDL), our network-as-a-service platform delivers a seamless, consolidated networking experience regardless of data location.

• offer uncompromising reliability derived from the foundation of robust quality assurance capabilities, and a suite of automated diagnostics,

This strategy and differentiation have also allowed us to deliver our comprehensive suite of products, services, and technologies to a global customer base segmented into three primary categories: Cloud and AI Titans, AI and Specialty Providers, and Enterprise. Market research confirms that we continue to be a leader in high-speed Ethernet switching.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$2.3B$2.9B$4.4B$5.9B$7.0B$9.0B
Net income$634.6M$840.9M$1.4B$2.1B$2.9B$3.5B
Free cash flow$719.7M$951.1M$448.2M$2.0B$3.7B$4.3B

More on ANET.

Figures from Arista Networks, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.