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Stock price

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Market cap

At each fiscal year end, then the latest quarter end: closing price × shares outstanding.

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Arista Networks market cap, annual
PeriodMarket cap
FY2016, ended Dec 31, 2016$6.87B
FY2017, ended Dec 31, 2017$17.4B
FY2018, ended Dec 31, 2018$16.0B
FY2019, ended Dec 31, 2019$15.6B
FY2020, ended Dec 31, 2020$22.2B
FY2021, ended Dec 31, 2021$44.2B
FY2022, ended Dec 31, 2022$37.2B
FY2023, ended Dec 31, 2023$73.6B
FY2024, ended Dec 31, 2024$139B
FY2025, ended Dec 31, 2025$165B
Trailing 12 months to Jun 30, 2026 (through Q2 FY2026)$214B

Revenue

By fiscal year, then the trailing 12 months

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Arista Networks revenue, annual
PeriodRevenue
FY2016, ended Dec 31, 2016$1.13B
FY2017, ended Dec 31, 2017$1.65B
FY2018, ended Dec 31, 2018$2.15B
FY2019, ended Dec 31, 2019$2.41B
FY2020, ended Dec 31, 2020$2.32B
FY2021, ended Dec 31, 2021$2.95B
FY2022, ended Dec 31, 2022$4.38B
FY2023, ended Dec 31, 2023$5.86B
FY2024, ended Dec 31, 2024$7.00B
FY2025, ended Dec 31, 2025$9.01B
Trailing 12 months to Jun 30, 2026 (through Q2 FY2026)$10.5B

Net income and free cash flow

By fiscal year, then the trailing 12 months. Free cash flow is operating cash flow minus capex.

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Arista Networks net income and free cash flow, annual
PeriodNet incomeFree cash flow
FY2016, ended Dec 31, 2016$184M$153M
FY2017, ended Dec 31, 2017$423M$616M
FY2018, ended Dec 31, 2018$328M$479M
FY2019, ended Dec 31, 2019$860M$947M
FY2020, ended Dec 31, 2020$635M$720M
FY2021, ended Dec 31, 2021$841M$951M
FY2022, ended Dec 31, 2022$1.35B$448M
FY2023, ended Dec 31, 2023$2.09B$2.00B
FY2024, ended Dec 31, 2024$2.85B$3.68B
FY2025, ended Dec 31, 2025$3.51B$4.25B
Trailing 12 months to Jun 30, 2026 (through Q2 FY2026)$4.04B$5.16B

Cash and cash equivalents

At each fiscal year end, then the latest quarter end.

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Arista Networks cash and cash equivalents, annual
PeriodCash and cash equivalents
FY2016, ended Dec 31, 2016$568M
FY2017, ended Dec 31, 2017$859M
FY2018, ended Dec 31, 2018$650M
FY2019, ended Dec 31, 2019$1.11B
FY2020, ended Dec 31, 2020$893M
FY2021, ended Dec 31, 2021$621M
FY2022, ended Dec 31, 2022$672M
FY2023, ended Dec 31, 2023$1.94B
FY2024, ended Dec 31, 2024$2.76B
FY2025, ended Dec 31, 2025$1.96B
Trailing 12 months to Jun 30, 2026 (through Q2 FY2026)$2.29B

Total debt

At each fiscal year end, then the latest quarter end. Short- and long-term borrowings, excluding leases.

No figures for this period in the company’s filings.

Shares outstanding

At each fiscal year end, then the latest quarter end, adjusted for splits. Up 11.0% since FY16.

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Arista Networks shares outstanding, annual
PeriodShares outstanding
FY2016, ended Dec 31, 20161.14B
FY2017, ended Dec 31, 20171.18B
FY2018, ended Dec 31, 20181.21B
FY2019, ended Dec 31, 20191.22B
FY2020, ended Dec 31, 20201.22B
FY2021, ended Dec 31, 20211.23B
FY2022, ended Dec 31, 20221.23B
FY2023, ended Dec 31, 20231.25B
FY2024, ended Dec 31, 20241.26B
FY2025, ended Dec 31, 20251.26B
Trailing 12 months to Jun 30, 2026 (through Q2 FY2026)1.26B

Buybacks and new shares

By fiscal year, then the trailing 12 months, in dollars. Below zero: bought back. Above zero: issued to employees, sold or used in acquisitions.

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Arista Networks share buybacks and issuance, annual
PeriodBought backPaid to employeesUsed in acquisitions
FY2016, ended Dec 31, 2016—$59.0M—
FY2017, ended Dec 31, 2017$0$75.4M—
FY2018, ended Dec 31, 2018$0$91.2M$15.6M
FY2019, ended Dec 31, 2019$266M$101M—
FY2020, ended Dec 31, 2020$395M$137M—
FY2021, ended Dec 31, 2021$412M$187M—
FY2022, ended Dec 31, 2022$670M$231M$4.05M
FY2023, ended Dec 31, 2023$112M$297M$2.30M
FY2024, ended Dec 31, 2024$424M$355M—
FY2025, ended Dec 31, 2025$1.60B$439M—
Trailing 12 months to Jun 30, 2026 (through Q2 FY2026)$620M$502M—