Arista Networks (ANET)
Information Technology · High-speed networking platforms and switching
Arista is a unified data-driven networking platform company enabling seamless interconnection across AI Centers, Data Centers, Campus, and WAN through open standards and real-time telemetry.
What Arista Networks does
Arista Networks is a leader in data-driven, client-to-cloud networking-as-a-service, delivering switching, routing, and network software platforms anchored by its Extensible Operating System (EOS) and Network Data Lake (NetDL). The company's "Centers of Data" strategy enables customers to access and interconnect four primary data domains—AI Centers, Data Centers, Campus Centers, and WAN Centers—through unified, open-standards-based architecture. Arista serves three primary customer segments: Cloud and AI Titans, AI and Specialty Providers, and Enterprise, with solutions designed for reliability, interoperability, and real-time intelligent automation.
Themes: ["AI infrastructure","hyperscale cloud networking","data center networking","AI accelerator connectivity","open standards networking","LLM and generative AI","network-as-a-service","real-time data movement","edge AI inference"]
Fundamentals
- Price$184.69 as of 2026-07-09 close
- Market cap$228.0B as of 2026-07-10
- 1-year return+73.8% as of 2026-07-09 close
- P/E61.28 as of 2026-07-10
- Net margin+38.3% as of 2026-07-10
- Gross margin+63.5% as of 2026-07-10
- ROE+30.6% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+30.6% as of 2026-07-10
- Revenue CAGR (3y)+27.1% SEC XBRL
- Beta1.62 as of 2026-07-10
Key risks (from latest filing)
["Substantial revenue concentration with large cloud and AI titan customers, creating exposure to customer concentration risk and potential fluctuations in demand timing and scale","Intense competition from established vendors and system vendors combining proprietary hardware-software solutions, with pressure on market share and pricing","Supply chain constraints in memory and silicon markets, requiring management of non-cancellable purchase orders and inventory risk"]
Competitors & peers
- Cisco Systems (CSCO)
- Juniper Networks (JNPR)
- Broadcom (AVGO)
- Marvell Technology (MRVL)
- NVIDIA (NVDA)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.