# Arista Networks, Inc. (ANET) · Edgar & Edgarette company card

> Arista Networks, Inc. (ANET) grew revenue 28.6% in FY2025 to $9.0 billion, operating margin 42.8% against a 13.1% median for computer communications equipment, equity 63.6% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1596532 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/ANET) · [JSON](https://www.pops4.com/boards/company/ANET.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $9.0B |
| Revenue growth, 1 year | 28.6% |
| Revenue growth per year | 32.2% |
| Operating margin | 42.8% (prior year 42.0%) |
| Net margin | 39.0% |
| Operating cash flow | $4.4B |
| Capital spending | $120M |
| Free cash flow | $4.3B |
| Cash | $2.0B |
| Long-term debt | — |
| Total assets | $19.4B |
| Total equity | $12.4B |
| Equity ÷ assets | 63.6% |
| Return on equity | 28.4% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 8.46 (safe zone)
- Piotroski F: 5 of 9 (middling)
- Beneish M: -2.24 (below the −1.78 line)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $9.0B (FY2025). Experience: revenue up 28.6% on the year, up 32.2% a year over 4 years; operating margin 42.8%, up from 42.0%. Soundness: equity 63.6% of assets, return on equity 28.4%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $9.9B and $12.8B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $9.0B to $14.1B. A statistical range, not company guidance. Against peers (9 filers, $50M+ revenue, computer communications equipment): operating margin 42.8% against a 13.1% median; growth 28.6% against 5.9%.

Range logged 2026-09-24, receipt d02725ccf6552d4d, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

No warning filings in the window.

## Recent filings

- 10-Q · filed 2026-08-05 · [filing](https://www.sec.gov/Archives/edgar/data/1596532/000159653226000175/0001596532-26-000175-index.htm)
- 8-K · filed 2026-08-04 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1596532/000159653226000174/0001596532-26-000174-index.htm)
- 8-K · filed 2026-06-02 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1596532/000159653226000118/0001596532-26-000118-index.htm)
- 10-Q · filed 2026-05-06 · [filing](https://www.sec.gov/Archives/edgar/data/1596532/000159653226000078/0001596532-26-000078-index.htm)
- 8-K · filed 2026-05-05 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1596532/000159653226000074/0001596532-26-000074-index.htm)
- DEF 14A · filed 2026-04-16 · [filing](https://www.sec.gov/Archives/edgar/data/1596532/000119312526158942/0001193125-26-158942-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001596532.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1596532

## Cite

POPS4, Edgar & Edgarette: Arista Networks, Inc. (ANET) company card, from the company's own SEC filings, accessed 2026-11-02, https://www.pops4.com/boards/company/ANET. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.