Arista Networks, Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, Arista Networks, Inc. reported net income of $3.51B on revenue of $9.01B. Operating cash flow was $4.37B.
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.13B | $1.65B | $2.15B | $2.41B | $2.32B | $2.95B | $4.38B | $5.86B | $7.00B | $9.01B |
| Gross profit | $723.12M | $1.06B | $1.37B | $1.54B | $1.48B | $1.88B | $2.68B | $3.63B | $4.49B | $5.77B |
| Operating income | $243.41M | $470.27M | $273.35M | $805.77M | $699.68M | $924.74M | $1.53B | $2.26B | $2.94B | $3.86B |
| Net income | $184.19M | $423.20M | $328.12M | $859.87M | $634.56M | $840.85M | $1.35B | $2.09B | $2.85B | $3.51B |
| Diluted EPS | $2.50 | $5.35 | $4.06 | $2.66 | $2.00 | $2.63 | $1.07 | $1.65 | $2.23 | $2.75 |
| Operating cash flow | $174.29M | $631.63M | $503.12M | $963.03M | $735.11M | $1.02B | $492.81M | $2.03B | $3.71B | $4.37B |
| Capital expenditures | $21.42M | $15.28M | $23.83M | $15.75M | — | — | — | — | — | — |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | 64.1% | 42.8% | 39.0% |
| Dec 2024 | 64.1% | 42.0% | 40.7% |
| Dec 2023 | 61.9% | 38.5% | 35.6% |
| Dec 2022 | 61.1% | 34.9% | 30.9% |
| Dec 2021 | 63.8% | 31.4% | 28.5% |
Source: SEC EDGAR XBRL company facts for CIK 1596532 (raw data). Most recent filing in this dataset: 10-Q filed Aug 5, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.