Arista Networks, Inc.
ANETOther · Large accelerated filer · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $9.01B | $7.00B | $5.86B | $4.38B | $2.95B | $2.32B |
| Operating income | $3.86B | $2.94B | $2.26B | $1.53B | $924.7M | $699.7M |
| Net income | $3.51B | $2.85B | $2.09B | $1.35B | $840.9M | $634.6M |
| Total assets | $19.45B | $14.04B | $9.96B | $6.78B | $5.73B | $4.74B |
| Total liabilities | $7.08B | $4.05B | $2.74B | $1.89B | $1.76B | $1.42B |
| Equity | $12.37B | $9.99B | $7.22B | $4.89B | $3.98B | $3.32B |
| EPS (diluted) | $2.75 | $2.23 | $1.65 | $1.07 | $2.63 | $2.00 |
| Shares out. | 1.26B | 312.6M | 306.4M | 307.8M | 76.3M | 76.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 42.8%
- Net margin
- 39.0%
- Return on equity
- 28.4%
- Return on assets
- 18.1%
- Return on capital (ROCE)
- 27.4%
- Liabilities / assets
- 36.4%
- Debt / equity
- 0.57×
- Book value / share
- $9.81
- Revenue growth (YoY)
- 28.6%
- Net income growth (YoY)
- 23.1%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 8.46safe
- Accruals / assets
- −4.4%clean
- Beneish M-Score
- -2.18normal
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 7 good- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Capital Management LlcPassive (13G)Apr 29, 2026
- Vanguard Group IncPassive (13G)Mar 26, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Ullal JayshreeOfficer — CEO and Chairperson | May 26, 2026 | Sell | 7,740 | $154.47 |
| Breithaupt Chantelle YvetteOfficer — Senior Vice President, CFO | May 26, 2026 | Sell | 2,448 | $157.00 |
| Bechtolsheim Andreas10% owner | May 26, 2026 | Sell | 32,973 | $154.50 |
| Bechtolsheim Andreas10% owner | May 22, 2026 | Sell | 24,381 | $149.68 |
| Duda KennethOfficer — President and CTO | May 21, 2026 | J | 100,000 | $0.00 |
| Battles Kelly BodnarDirector | May 21, 2026 | Sell | 2 | $140.49 |
| Ullal JayshreeOfficer — CEO and Chairperson | May 20, 2026 | Option exercise | 27,664 | $0.00 |
| Duda KennethOfficer — President and CTO | May 20, 2026 | Option exercise | 3,884 | $0.00 |
| Breithaupt Chantelle YvetteOfficer — Senior Vice President, CFO | May 20, 2026 | Option exercise | 10,916 | $0.00 |
| Wassenaar YvonneDirector | May 20, 2026 | Option exercise | 971 | $0.00 |
| Templeton Mark BDirector | May 20, 2026 | Option exercise | 971 | $0.00 |
| Scheinman DanielDirector | May 20, 2026 | Option exercise | 971 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 20.9M | 1.3 | +13.6% |
| Apr 30, 2026 | 18.4M | 2.5 | +6.1% |
| Apr 15, 2026 | 17.3M | 2.6 | +2.3% |
| Mar 31, 2026 | 16.9M | 2.4 | +10.2% |
| Mar 13, 2026 | 15.4M | 2.5 | +2.8% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 5, 2026
- Results of operationsFeb 12, 2026
- Results of operationsNov 4, 2025
- Director / officer change · Amended charter or bylaws · Other material eventSep 8, 2025
- Results of operationsAug 5, 2025
- Director / officer changeJun 16, 2025
- Shareholder voteJun 3, 2025
- Results of operations · Director / officer change · Other material eventMay 6, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 4PRIMARY DOCUMENTMay 28, 2026
- 4PRIMARY DOCUMENTMay 28, 2026
- 4PRIMARY DOCUMENTMay 28, 2026
- 4PRIMARY DOCUMENTMay 27, 2026
- SDMay 27, 2026
- 4PRIMARY DOCUMENTMay 26, 2026
- 4PRIMARY DOCUMENTMay 26, 2026
- 144May 26, 2026
- 144May 26, 2026
- 144May 26, 2026
- 4PRIMARY DOCUMENTMay 22, 2026
- 4PRIMARY DOCUMENTMay 22, 2026
- 4PRIMARY DOCUMENTMay 22, 2026
- 4PRIMARY DOCUMENTMay 22, 2026
- 4PRIMARY DOCUMENTMay 22, 2026
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.