Arista Networks, Inc. (ANET) Earnings History
Elite Compounder14 years of earnings data (2012–2025) · 5-year EPS CAGR exceeds 18% — top-tier earnings quality
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Arista Networks, Inc. (ANET) Earnings Overview
As of July 8, 2026, Arista Networks, Inc. (ANET) reported trailing twelve-month net income of $3.72B, reflecting +23.3% year-over-year growth. The company earned $2.92 per diluted share over the past four quarters, with a net profit margin of 39.0%.
Looking at the long-term picture, ANET's 5-year EPS compound annual growth rate (CAGR) stands at +40.6%, indicating exceptional earnings growth. The company achieved its highest annual net income of $3.51B in fiscal 2025, representing a new all-time high.
Arista Networks, Inc. maintains industry-leading profitability with a gross margin of 64.1%, operating margin of 42.8%, and net margin of 39.0%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including CSCO ($11.96B net income, 18.0% margin), EXTR ($16M net income, -0.7% margin), CIEN ($438M net income, 2.6% margin), ANET has outperformed on profitability metrics. Compare ANET vs CSCO →
ANET Earnings vs Peers
Earnings metrics vs comparable public companies
ANET Historical Earnings Data (2012–2025)
14 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.51B | +23.1% | $3.86B | $2.75 | 39.0% | 42.8% |
| 2024 | $2.85B | +36.6% | $2.94B | $2.23 | 40.7% | 42.0% |
| 2023 | $2.09B | +54.3% | $2.26B | $1.65 | 35.6% | 38.5% |
| 2022 | $1.35B | +60.8% | $1.53B | $1.07 | 30.9% | 34.9% |
| 2021 | $841M | +32.5% | $925M | $0.66 | 28.5% | 31.4% |
| 2020 | $635M | -26.2% | $700M | $0.50 | 27.4% | 30.2% |
| 2019 | $860M | +162.1% | $806M | $0.66 | 35.7% | 33.4% |
| 2018 | $328M | -22.5% | $273M | $0.25 | 15.3% | 12.7% |
| 2017 | $423M | +129.8% | $470M | $0.33 | 25.7% | 28.6% |
| 2016 | $184M | +52.1% | $243M | $0.16 | 16.3% | 21.6% |
| 2015 | $121M | +39.4% | $149M | $0.10 | 14.5% | 17.8% |
| 2014 | $87M | +104.5% | $126M | $0.08 | 14.9% | 21.5% |
| 2013 | $42M | +98.9% | $66M | $0.02 | 11.8% | 18.3% |
| 2012 | $21M | - | $40M | $0.01 | 11.0% | 20.6% |
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ANET — Frequently Asked Questions
Quick answers to the most common questions about buying ANET stock.
What is ANET earnings per share (EPS)?
ANET trailing twelve-month (TTM) diluted EPS is $2.92, reflecting +23.3% year-over-year growth. The 5-year EPS CAGR is +40.6%. Complete EPS history from 2012 to 2025 is available in the table on this page.
What is Arista Networks, Inc.'s net income?
Arista Networks, Inc. (ANET) trailing twelve-month net income is $3.7B as of 2025. Earnings grew +23.3% year-over-year. Arista Networks, Inc. has been profitable for 14 consecutive years.
Is ANET profitable?
Yes, ANET is profitable with a TTM net income of $3.7B and a net profit margin of +39.0%. Arista Networks, Inc. has generated profits for 14 consecutive years.
What is ANET's earnings growth rate?
ANET compound annual EPS growth rates (CAGR): 1-Year: +23.3%, 3-Year: +37.0%, 5-Year: +40.6%, 10-Year: +39.3%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2012 to 2025.
What are ANET's profit margins?
Arista Networks, Inc. net profit margin is +39.0%, operating margin is +42.8%, and gross margin is +64.1%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +31.4%.
Is ANET growing earnings?
Yes, ANET earnings are accelerating — EPS growth of +23.3% exceeds the 5-year CAGR of +40.6%. TTM net income reached $3.7B. Earnings momentum is strengthening.
What was ANET's best earnings year?
Arista Networks, Inc.'s highest annual net income on record is $3.5B, achieved in fiscal year 2025. Earnings history on this page spans 2012 to 2025 and includes all annual and quarterly figures.
What were ANET's earnings last quarter?
ANET's most recent reported quarter was Q1 2026. Net income was $1.0B with diluted EPS of $0.80. For a full breakdown of all quarters, see the quarterly earnings table on this page.