Arista Networks
$205.88Change from previous close: +1.12%Absolute change: +$2.29
At a glance
- Revenue growth
- +28.60%
- 2025 vs 2024
- Net income growth
- +23.12%
- 2025 vs 2024
- Net margin
- 39.0%
- 2024: 40.7%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | 9,006 | 7,003 | 5,860 | 4,381 | 2,948 |
| Cost of revenue | 3,237 | 2,512 | 2,230 | 1,706 | 1,067 |
| Gross profit | 5,769 | 4,491 | 3,630 | 2,676 | 1,881 |
| Selling, general and administrative | 675 | 550 | 518 | 420 | 369 |
| Research and development | 1,237 | 997 | 855 | 728 | 587 |
| Operating income | 3,856 | 2,945 | 2,257 | 1,527 | 925 |
| EBIT | 3,856 | 2,945 | 2,257 | 1,527 | 925 |
| EBITDA | 3,929 | 3,007 | 2,328 | 1,590 | 975 |
| Pre-tax income | 4,250 | 3,265 | 2,422 | 1,582 | 931 |
| Income tax | 738 | 413 | 335 | 229 | 90.0 |
| Net income | 3,511 | 2,852 | 2,087 | 1,352 | 841 |
| Net income to common shareholders | 3,511 | 2,852 | 2,087 | 1,352 | 841 |
| Basic EPS | 2.79 | 2.27 | 1.69 | 1.10 | 0.69 |
| Diluted EPS | 2.75 | 2.23 | 1.65 | 1.07 | 0.66 |
| Average shares (basic) | 1,258 | 1,256 | 1,237 | 1,226 | 1,226 |
| Average shares (diluted) | 1,276 | 1,281 | 1,269 | 1,266 | 1,277 |