What is Arista Networks Inc's earnings per share (EPS)?

Arista Networks Inc (ANET) reported diluted earnings per share of $2.75 for fiscal year 2025. This represents a 23.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Arista Networks Inc Financials

ANET

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Arista Networks Inc (ANET) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI ANET FY2025 2026-05-06

Arista's fixed-cost absorption is the dominant mechanic: more sales are becoming margin expansion and cash, not proportionate overhead.

From FY2022 to FY2025, operating margin expanded from 34.9% to 42.8%, a sizable step-up in how much incremental revenue reaches operating profit. Over the same span, R&D spending rose from $728M to $1.24B, so the margin gain looks like fixed-cost absorption and expense discipline at scale rather than profit being created by cutting investment.

Cash conversion is unusually clean: FY2025 operating cash flow of $4.37B was followed by free cash flow of $4.25B, leaving very little leakage between accounting operations and spendable cash. With capex at just $120M, the model appears asset-light, which helps explain why the business can fund expansion and shareholder distributions from internally generated cash.

Liquidity eased as cash on hand moved from $2.76B to $1.96B, but that decline sits beside a much larger capital return program rather than a collapse in cash generation. A 3.0x current ratio alongside FY2025 buybacks of $1.60B suggests management is deploying surplus cash more actively while still keeping short-term obligations comfortably covered.

Financial Health Signals

Financial Profile 72/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Arista Networks Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

100

Arista Networks Inc has an operating margin of 42.8%, meaning the company retains $43 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is up from 42.0% the prior year.

Growth

Arista Networks Inc's revenue surged 28.6% year-over-year to $9.0B, reflecting rapid business expansion. This strong growth earns a score of 73/100.

Leverage

Arista Networks Inc carries a low D/E ratio of 0.57, meaning only $0.57 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 90/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Arista Networks Inc's current ratio of 3.05 indicates adequate short-term liquidity, earning a score of 58/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

100

Arista Networks Inc converts 47.2% of revenue into free cash flow ($4.3B). This strong cash generation earns a score of 100/100.

Returns

Arista Networks Inc generates a 0.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 11/100. This is up from 0.0% the prior year.

Altman Z-Score Safe

17.04

Arista Networks Inc scores 17.04, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($171.8B) relative to total liabilities ($7.1B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Neutral

4/9

Arista Networks Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1245200.80x

For every $1 of reported earnings, Arista Networks Inc generates $1245200.80 in operating cash flow ($4.4B OCF vs $4K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$9.0B

YoY+28.6%

5Y CAGR+31.2%

10Y CAGR+26.8%

Arista Networks Inc generated $9.0B in revenue in fiscal year 2025. This represents an increase of 28.6% from the prior year.

EBITDA

$3.9B

YoY+30.7%

5Y CAGR+39.8%

10Y CAGR+37.5%

Arista Networks Inc's EBITDA was $3.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 30.7% from the prior year.

Net Income

$4K

YoY+23.1%

5Y CAGR-91.1%

10Y CAGR-64.8%

Arista Networks Inc reported $4K in net income in fiscal year 2025. This represents an increase of 23.1% from the prior year.

EPS (Diluted)

$2.75

YoY+23.3%

Arista Networks Inc earned $2.75 per diluted share (EPS) in fiscal year 2025. This represents an increase of 23.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$4.3B

YoY+15.7%

5Y CAGR+42.7%

10Y CAGR+34.6%

Arista Networks Inc generated $4.3B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 15.7% from the prior year.

Cash & Debt

$2.0B

YoY-28.9%

5Y CAGR+17.1%

10Y CAGR+11.1%

Arista Networks Inc held $2.0B in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

1.26B

YoY-0.4%

Arista Networks Inc had 1.26B shares outstanding in fiscal year 2025. This represents a decrease of 0.4% from the prior year.

Margins & Returns

Gross Margin

64.1%

YoY-0.1pp

5Y CAGR+0.1pp

10Y CAGR-0.8pp

Arista Networks Inc's gross margin was 64.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.1 percentage points from the prior year.

Operating Margin

42.8%

YoY+0.8pp

5Y CAGR+12.6pp

10Y CAGR+25.0pp

Arista Networks Inc's operating margin was 42.8% in fiscal year 2025, reflecting core business profitability. This is up 0.8 percentage points from the prior year.

Net Margin

0.0%

YoY+0.0pp

5Y CAGR-27.4pp

10Y CAGR-14.5pp

Arista Networks Inc's net profit margin was 0.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.0 percentage points from the prior year.

Return on Equity

0.0%

YoY+0.0pp

5Y CAGR-19.1pp

10Y CAGR-15.4pp

Arista Networks Inc's ROE was 0.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.0 percentage points from the prior year.

Capital Allocation

R&D Spending

$1.2B

YoY+24.1%

5Y CAGR+20.5%

10Y CAGR+19.4%

Arista Networks Inc invested $1.2B in research and development in fiscal year 2025. This represents an increase of 24.1% from the prior year.

Share Buybacks

$1.6B

YoY+278.4%

5Y CAGR+32.3%

Arista Networks Inc spent $1.6B on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 278.4% from the prior year.

Capital Expenditures

$119.5M

YoY+273.4%

5Y CAGR+50.7%

10Y CAGR+19.6%

Arista Networks Inc invested $119.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 273.4% from the prior year.

ANET Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$9.0B+28.6%	$7.0B+19.5%	$5.9B+33.8%	$4.4B+48.6%	$2.9B+27.2%	$2.3B
Cost of Revenue	$3.2B+28.9%	$2.5B+12.6%	$2.2B+30.7%	$1.7B+59.8%	$1.1B+27.7%	$835.6M
Gross Profit	$5.8B+28.4%	$4.5B+23.7%	$3.6B+35.7%	$2.7B+42.3%	$1.9B+26.9%	$1.5B
R&D Expenses	$1.2B+24.1%	$996.7M+16.6%	$854.9M+17.4%	$728.4M+24.1%	$586.8M+20.6%	$486.6M
SG&A Expenses	$141.9M+15.6%	$122.7M+3.0%	$119.1M+27.7%	$93.2M+12.2%	$83.1M+25.5%	$66.2M
Operating Income	$3.9B+31.0%	$2.9B+30.4%	$2.3B+47.8%	$1.5B+65.1%	$924.7M+32.2%	$699.7M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$738.3M+78.8%	$413.0M+23.4%	$334.7M+45.9%	$229.3M+154.8%	$90.0M-13.7%	$104.3M
Net Income	$4K+23.1%	$3K+36.7%	$2K+54.4%	$1K+60.8%	$841-100.0%	$634.6M
EPS (Diluted)	$2.75+23.3%	$2.23	$1.65+54.2%	$1.07-59.3%	$2.63	$2.00

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$2.7B+8.9%	$2.5B+7.8%	$2.3B+4.7%	$2.2B+10.0%	$2.0B+3.9%	$1.9B+6.6%	$1.8B+7.1%	$1.7B
Cost of Revenue	$1.0B+11.7%	$924.0M+12.9%	$818.1M+6.8%	$766.2M+5.1%	$728.7M+4.2%	$699.4M+7.7%	$649.2M+9.4%	$593.2M
Gross Profit	$1.7B+7.2%	$1.6B+4.9%	$1.5B+3.6%	$1.4B+12.7%	$1.3B+3.7%	$1.2B+6.0%	$1.2B+5.9%	$1.1B
R&D Expenses	$343.7M-1.3%	$348.4M+6.9%	$326.0M+9.9%	$296.5M+11.3%	$266.4M-6.5%	$285.0M+20.9%	$235.8M-11.9%	$267.5M
SG&A Expenses	$33.7M-22.4%	$43.4M+24.7%	$34.8M+18.4%	$29.4M-14.3%	$34.3M-3.4%	$35.5M+5.0%	$33.8M+31.5%	$25.7M
Operating Income	$1.2B+12.1%	$1.0B+5.6%	$978.2M-0.8%	$986.2M+14.8%	$858.8M+7.4%	$799.5M+1.8%	$785.3M+12.2%	$699.6M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$248.5M+36.8%	$181.6M-19.0%	$224.1M+17.1%	$191.4M+35.6%	$141.2M+60.5%	$88.0M-34.8%	$134.9M+28.5%	$105.0M
Net Income	$1.0B+140.0%	-$2.6B-399.6%	$853.0M-4.0%	$888.8M+9.2%	$813.8M+139.7%	-$2.1B-374.2%	$748.0M+12.4%	$665.4M
EPS (Diluted)	$0.80	N/A	$0.67-4.3%	$0.70+9.4%	$0.64	N/A	$0.58+11.5%	$0.52

ANET Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$19.4B+38.5%	$14.0B+41.1%	$10.0B+47.0%	$6.8B+18.2%	$5.7B+21.0%	$4.7B
Current Assets	$16.4B+37.6%	$11.9B+41.8%	$8.4B+51.3%	$5.6B+15.3%	$4.8B+25.4%	$3.8B
Cash & Equivalents	$2.0B-28.9%	$2.8B+42.5%	$1.9B+188.6%	$671.7M+8.2%	$620.8M-30.5%	$893.2M
Inventory	$2.2B+22.5%	$1.8B-5.7%	$1.9B+50.8%	$1.3B+98.4%	$650.1M+35.5%	$479.7M
Accounts Receivable	$1.9B+65.4%	$1.1B+10.3%	$1.0B+12.1%	$923.1M+78.7%	$516.5M+32.6%	$389.5M
Goodwill	$416.1M+55.0%	$268.5M0.0%	$268.5M+1.0%	$265.9M+41.2%	$188.4M-0.7%	$189.7M
Total Liabilities	$7.1B+74.8%	$4.0B+47.9%	$2.7B+44.9%	$1.9B+7.6%	$1.8B+23.8%	$1.4B
Current Liabilities	$5.4B+96.8%	$2.7B+42.3%	$1.9B+48.4%	$1.3B+16.6%	$1.1B+44.5%	$768.2M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$12.4B+23.8%	$10.0B+38.5%	$7.2B+47.8%	$4.9B+22.8%	$4.0B+19.8%	$3.3B
Retained Earnings	$9.4B+25.2%	$7.5B+47.5%	$5.1B+62.9%	$3.1B+27.8%	$2.5B+21.2%	$2.0B

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$21.7B+11.4%	$19.4B+7.8%	$18.0B+9.2%	$16.5B+13.9%	$14.5B+3.4%	$14.0B+9.3%	$12.8B+10.5%	$11.6B
Current Assets	$18.6B+13.2%	$16.4B+7.9%	$15.2B+12.5%	$13.5B+10.0%	$12.3B+3.1%	$11.9B+9.5%	$10.9B+10.5%	$9.8B
Cash & Equivalents	$2.8B+42.0%	$2.0B-15.6%	$2.3B+4.5%	$2.2B+20.6%	$1.8B-33.2%	$2.8B-13.0%	$3.2B+30.7%	$2.4B
Inventory	$2.4B+5.9%	$2.2B+4.2%	$2.2B+4.7%	$2.1B+5.2%	$2.0B+6.7%	$1.8B+3.7%	$1.8B-4.5%	$1.9B
Accounts Receivable	$1.9B+2.0%	$1.9B+26.7%	$1.5B-8.3%	$1.6B+13.1%	$1.4B+25.9%	$1.1B+0.8%	$1.1B-7.8%	$1.2B
Goodwill	$416.1M0.0%	$416.1M0.0%	$416.2M-0.1%	$416.5M+55.1%	$268.5M0.0%	$268.5M	N/A	$268.5M
Total Liabilities	$8.2B+15.4%	$7.1B+15.2%	$6.1B+9.0%	$5.6B+28.1%	$4.4B+8.6%	$4.0B+12.4%	$3.6B+12.8%	$3.2B
Current Liabilities	$6.6B+22.0%	$5.4B+15.2%	$4.7B+15.2%	$4.1B+29.8%	$3.1B+14.3%	$2.7B+12.2%	$2.4B+12.6%	$2.2B
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$13.5B+9.0%	$12.4B+3.9%	$11.9B+9.2%	$10.9B+7.7%	$10.1B+1.2%	$10.0B+8.1%	$9.2B+9.7%	$8.4B
Retained Earnings	$10.5B+10.8%	$9.4B+3.6%	$9.1B+10.3%	$8.3B+9.2%	$7.6B+0.4%	$7.5B+9.9%	$6.9B+11.0%	$6.2B

ANET Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$4.4B+17.9%	$3.7B+82.3%	$2.0B+312.7%	$492.8M-51.5%	$1.0B+38.2%	$735.1M
Capital Expenditures	$119.5M+273.4%	$32.0M-7.0%	$34.4M-22.9%	$44.6M-31.0%	$64.7M+320.8%	$15.4M
Free Cash Flow	$4.3B+15.7%	$3.7B+83.8%	$2.0B+346.2%	$448.2M-52.9%	$951.1M+32.1%	$719.7M
Investing Cash Flow	-$3.6B-45.5%	-$2.5B-257.4%	-$687.5M-417.8%	$216.3M+123.4%	-$925.6M-52.0%	-$608.8M
Financing Cash Flow	-$1.6B-278.4%	-$421.8M-403.3%	-$83.8M+87.2%	-$654.6M-81.4%	-$360.9M-4.2%	-$346.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$1.6B+278.4%	$423.6M+277.2%	$112.3M-83.2%	$670.3M+62.8%	$411.6M+4.2%	$395.2M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$1.7B+34.2%	$1.3B-0.5%	$1.3B+5.7%	$1.2B+87.0%	$641.7M-37.8%	$1.0B-12.2%	$1.2B+18.8%	$989.0M
Capital Expenditures	$54.5M+47.3%	$37.0M+22.9%	$30.1M+25.4%	$24.0M-15.5%	$28.4M+129.0%	$12.4M+77.1%	$7.0M+118.8%	$3.2M
Free Cash Flow	$1.6B+33.8%	$1.2B-1.1%	$1.2B+5.3%	$1.2B+91.8%	$613.3M-39.8%	$1.0B-12.8%	$1.2B+18.4%	$985.8M
Investing Cash Flow	-$865.3M+13.4%	-$999.1M+15.8%	-$1.2B-89.7%	-$625.1M+18.4%	-$765.9M+41.5%	-$1.3B-250.3%	-$373.9M+21.8%	-$477.9M
Financing Cash Flow	$0+100.0%	-$625.5M-3136.4%	$20.6M+110.4%	-$197.2M+75.2%	-$793.8M-510.6%	-$130.0M-133.8%	-$55.6M+67.9%	-$173.1M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$0-100.0%	$620.1M	$0-100.0%	$195.9M-75.1%	$787.1M+535.8%	$123.8M+90.2%	$65.1M-62.2%	$172.0M

ANET Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	64.1%-0.1pp	64.1%+2.2pp	62.0%+0.9pp	61.1%-2.7pp	63.8%-0.1pp	63.9%
Operating Margin	42.8%+0.8pp	42.0%+3.5pp	38.5%+3.7pp	34.9%+3.5pp	31.4%+1.2pp	30.2%
Net Margin	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%-27.4pp	27.4%
Return on Equity	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%-19.1pp	19.1%
Return on Assets	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%-13.4pp	13.4%
Current Ratio	3.05-1.3	4.36-0.0	4.38+0.1	4.29-0.0	4.34-0.7	4.99
Debt-to-Equity	0.57+0.2	0.41+0.0	0.380.0	0.39-0.1	0.44+0.0	0.43
FCF Margin	47.2%-5.3pp	52.5%+18.4pp	34.1%+23.9pp	10.2%-22.0pp	32.3%+1.2pp	31.1%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	61.9%-1.0pp	62.9%-1.7pp	64.6%-0.7pp	65.3%+1.6pp	63.6%-0.1pp	63.8%-0.4pp	64.1%-0.8pp	64.9%
Operating Margin	42.7%+1.2pp	41.5%-0.9pp	42.4%-2.3pp	44.7%+1.9pp	42.8%+1.4pp	41.4%-1.9pp	43.4%+2.0pp	41.4%
Net Margin	37.8%+140.5pp	-102.7%-139.7pp	37.0%-3.4pp	40.3%-0.3pp	40.6%+146.8pp	-106.3%-147.6pp	41.3%+2.0pp	39.4%
Return on Equity	7.6%+28.2pp	-20.7%-27.8pp	7.2%-1.0pp	8.2%+0.1pp	8.0%+28.6pp	-20.5%-28.6pp	8.1%+0.2pp	7.9%
Return on Assets	4.7%+17.9pp	-13.1%-17.9pp	4.7%-0.6pp	5.4%-0.2pp	5.6%+20.2pp	-14.6%-20.4pp	5.8%+0.1pp	5.7%
Current Ratio	2.83-0.2	3.05-0.2	3.25-0.1	3.33-0.6	3.93-0.4	4.36-0.1	4.47-0.1	4.55
Debt-to-Equity	0.61+0.0	0.57+0.1	0.520.0	0.52+0.1	0.43+0.0	0.41+0.0	0.39+0.0	0.38
FCF Margin	60.5%+11.3pp	49.2%-4.4pp	53.6%+0.3pp	53.3%+22.7pp	30.6%-22.2pp	52.8%-11.7pp	64.5%+6.2pp	58.3%

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Frequently Asked Questions

What is Arista Networks Inc's annual revenue?

Arista Networks Inc (ANET) reported $9.0B in total revenue for fiscal year 2025. This represents a 28.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Arista Networks Inc's revenue growing?

Arista Networks Inc (ANET) revenue grew by 28.6% year-over-year, from $7.0B to $9.0B in fiscal year 2025.

Is Arista Networks Inc profitable?

Yes, Arista Networks Inc (ANET) reported a net income of $4K in fiscal year 2025, with a net profit margin of 0.0%.

What is Arista Networks Inc's EBITDA?

Arista Networks Inc (ANET) had EBITDA of $3.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Arista Networks Inc's gross margin?

Arista Networks Inc (ANET) had a gross margin of 64.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Arista Networks Inc's operating margin?

Arista Networks Inc (ANET) had an operating margin of 42.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Arista Networks Inc's net profit margin?

Arista Networks Inc (ANET) had a net profit margin of 0.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Arista Networks Inc's return on equity (ROE)?

Arista Networks Inc (ANET) has a return on equity of 0.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Arista Networks Inc's free cash flow?

Arista Networks Inc (ANET) generated $4.3B in free cash flow during fiscal year 2025. This represents a 15.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Arista Networks Inc's operating cash flow?

Arista Networks Inc (ANET) generated $4.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Arista Networks Inc's total assets?

Arista Networks Inc (ANET) had $19.4B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Arista Networks Inc's capital expenditures?

Arista Networks Inc (ANET) invested $119.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Arista Networks Inc spend on research and development?

Arista Networks Inc (ANET) invested $1.2B in research and development during fiscal year 2025.

Does Arista Networks Inc buy back shares?

Yes, Arista Networks Inc (ANET) spent $1.6B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Arista Networks Inc have outstanding?

Arista Networks Inc (ANET) had 1.26B shares outstanding as of fiscal year 2025.

What is Arista Networks Inc's current ratio?

Arista Networks Inc (ANET) had a current ratio of 3.05 as of fiscal year 2025, which is generally considered healthy.

What is Arista Networks Inc's debt-to-equity ratio?

Arista Networks Inc (ANET) had a debt-to-equity ratio of 0.57 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Arista Networks Inc's return on assets (ROA)?

Arista Networks Inc (ANET) had a return on assets of 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Arista Networks Inc's Altman Z-Score?

Arista Networks Inc (ANET) has an Altman Z-Score of 17.04, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Arista Networks Inc's Piotroski F-Score?

Arista Networks Inc (ANET) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Arista Networks Inc's earnings high quality?

Arista Networks Inc (ANET) has an earnings quality ratio of 1245200.80x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Arista Networks Inc?

Arista Networks Inc (ANET) scores 72 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.