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Arista Networks stock: growth
ANETArista Networks reported $9.01B in revenue for fiscal 2025, up 28.6% on the prior year, up 31.2% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
34.6%
per year from 2011 to 2025, per share 30.6%
Earnings (Annual rate)
39.3%
per year from 2011 to 2025, per share 35.1%
Free cash flow (Annual rate)
54.5%
per year from 2011 to 2025, per share 49.8%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2011 | |
|---|---|---|---|
| Revenue | 31.2% | 26.8% | 34.6% |
| Revenue per share | 30.3% | 24.6% | 30.6% |
| Earnings | 40.8% | 40.0% | 39.3% |
| Earnings per share | 39.9% | 38.2% | 35.1% |
| Free cash flow | 42.7% | 37.2% | 54.5% |
| Free cash flow per share | 41.7% | 34.8% | 49.8% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2011 | $139.85M | $34.04M | $9.66M |
| 2012 | $193.41M | $21.35M | $22.99M |
| 2013 | $361.22M | $42.46M | $14.33M |
| 2014 | $584.11M | $86.85M | $101.38M |
| 2015 | $837.59M | $121.1M | $180.54M |
| 2016 | $1.13B | $184.19M | $110.02M |
| 2017 | $1.65B | $423.2M | $616.35M |
| 2018 | $2.15B | $328.12M | $479.29M |
| 2019 | $2.41B | $859.87M | $947.28M |
| 2020 | $2.32B | $634.56M | $719.73M |
| 2021 | $2.95B | $840.85M | $951.12M |
| 2022 | $4.38B | $1.35B | $448.17M |
| 2023 | $5.86B | $2.09B | $2B |
| 2024 | $7B | $2.85B | $3.68B |
| 2025 | $9.01B | $3.51B | $4.25B |
Revenue by segment
How Arista Networks, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Product84%
- Service16%
Figures as a table
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Product | $1.84B | $2.02B | $1.83B | $2.38B | $3.72B | $5.03B | $5.88B | $7.58B | 84.1% |
| Service | $310.27M | $389.56M | $486.67M | $570.31M | $665.23M | $830.68M | $1.12B | $1.43B | 15.9% |
| Total revenue | $2.15B | $2.41B | $2.32B | $2.95B | $4.38B | $5.86B | $7B | $9.01B | 100% |
Revenue by region
Where Arista Networks, Inc. generates its revenue.
- Americas79%
- EMEA12%
- Asia Pacific9%
Figures as a table
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Americas | $1.55B | $1.83B | $1.77B | $2.16B | $3.46B | $4.65B | $5.73B | $7.12B | 79.1% |
| EMEA | $414.07M | $381.65M | $326.73M | $486.84M | $529.8M | $670.96M | $713.18M | $1.07B | 11.9% |
| Asia Pacific | $186.85M | $195.89M | $218.79M | $305.02M | $388.89M | $538.02M | $560.93M | $813.3M | 9% |
| Total revenue | $2.15B | $2.41B | $2.32B | $2.95B | $4.38B | $5.86B | $7B | $9.01B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 28 Feb 2019)
- Valuation signal Overvalued since 10 Nov 2026, previously Fairly valued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.