Arista Networks, Inc. financials

Key figures from Arista Networks, Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricJun 2026Jun 2025Change
Revenue$3.0B$2.2B+37.7%
Net income$1.2B$889M+36.5%
Free cash flow$1.1B$1.2B-10.4%
Gross margin62.9%65.2%-2.3 pts
Operating margin45.4%44.7%+0.7 pts
Net margin40.0%40.3%-0.4 pts

Quarterly trend

Revenue by quarter
$1.5BSep 2023$1.5BDec 2023*$1.6BMar 2024$1.7BJun 2024$1.8BSep 2024$1.9BDec 2024*$2.0BMar 2025$2.2BJun 2025$2.3BSep 2025$2.5BDec 2025*$2.7BMar 2026$3.0BJun 2026
Net income by quarter
$545MSep 2023-$1.5BDec 2023*$638MMar 2024$665MJun 2024$748MSep 2024-$2.1BDec 2024*$814MMar 2025$889MJun 2025$853MSep 2025-$2.6BDec 2025*$1.0BMar 2026$1.2BJun 2026
Free cash flow by quarter
$688MSep 2023$520MDec 2023*$504MMar 2024$986MJun 2024$1.2BSep 2024$1.0BDec 2024*$613MMar 2025$1.2BJun 2025$1.2BSep 2025$1.2BDec 2025*$1.6BMar 2026$1.1BJun 2026
Margins by quarter
-132%-21%91%Sep 2023Dec 2023*Mar 2024Jun 2024Sep 2024Dec 2024*Mar 2025Jun 2025Sep 2025Dec 2025*Mar 2026Jun 202662.4%64.9%63.7%64.9%64.2%63.8%63.7%65.2%64.6%62.9%61.9%62.9%39.9%41.5%42.0%41.4%43.4%41.4%42.8%44.7%42.4%41.5%42.7%45.4%36.1%-95.7%40.6%39.4%41.3%-106.3%40.6%40.3%37.0%-102.7%37.8%40.0%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Dec 2025$9.0B$3,5110.0%$4.3B$2.75
FY Dec 2024$7.0B$2,8520.0%$3.7B$2.23
FY Dec 2023$5.9B$2,0870.0%$2.0B$1.65
FY Dec 2022$4.4B$1,3520.0%$448M$1.07
FY Dec 2021$2.9B$8410.0%$951M$2.63

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.