The Tip Desk

Arista Networks, Inc.

Company Stats

Market Cap
$256.8B
as of Sep 30, 2026
Shares Outstanding
1.3B
Free Float
78.4%

Income Statement

Revenue
$9.0B
Operating Income
$3.9B
Net Income
$3.5B
EBITDA
$3.9B
Revenue Growth, 3Y
27.1%
FCF Margin, 3Y Avg
44.6%
FCF Margin, Worst Year
34.1%

Cash Flow

Free Cash Flow
$4.3B
FCF Yield
1.7%
Owner FCF Yield
1.5%

Balance Sheet

Cash & Equivalents
$2.0B

Returns & Capital

Share Repurchases
$1.6B
Buyback Yield, 3Y Avg
0.3%
SBC, 3Y Avg
$363.8M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$9.0B$4.3B47.2%
FY2024$7.0B$3.7B52.5%
FY2023$5.9B$2.0B34.1%
FY2022$4.4B$448.2M10.2%
FY2021$2.9B$951.1M32.3%

Annual filing data through FY ended December 31, 2025; shares and float as of November 1, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage