STOCK · ANET · NYSE
Arista Networks, Inc. trades under the ticker symbol ANET on the NYSE. This page brings together its live stock price, an interactive price chart, and key fundamentals like market capitalization, 52-week range, dividend yield, and the next earnings date, with plain-English context to help you understand what the numbers mean.
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Arista Networks builds the high-speed switches and routers that move data between the servers inside large data centers. In plain terms, when thousands of computers in a data center need to talk to each other quickly, Arista makes the equipment that connects them.
What sets Arista apart is its software. All of its switches run a single operating system, called EOS, which makes a big network easier to manage and automate. Arista buys the underlying switch chips from other companies rather than making its own, and concentrates its engineering on that software and on system design.
Most of Arista's sales go to a small number of very large cloud companies. Training and running AI models has become a major new source of demand, because AI computing requires huge numbers of processors to be wired together with very fast networking.
Source: Arista Networks SEC filings (10-K) and investor relations · Last reviewed June 2026
Arista sells the high-speed switches that tie together the servers in big data centers, and its real advantage is the single software system, EOS, that runs across all of them. A handful of large cloud companies provide most of its revenue, and the rise of AI has sharply increased the need for the fast networking it specializes in. The long term question that frames the stock is whether Arista can keep winning the giant AI buildouts, broaden beyond its few biggest customers, and keep Ethernet at the center of AI networking.
Educational analysis from public filings. This is not a recommendation to buy or sell any security.
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Sources: Arista Networks 10-K (SEC EDGAR), Arista Networks Investor Relations · Last reviewed June 2026
Market Cap, Valuation, Volatility
Historically, the company has reinvested in the business and returned cash mainly through buybacks.
On average, capital spending used about 4% of operating cash flow across 10 fiscal years (FY2016-FY2025) - a small share of the cash the business generated went back into it, leaving most available for other uses.
Reported share repurchases in 7 of the 7 fiscal years shown, totaling about $3.9B (FY2019-FY2025).
As of FY2025, held about $2.0B in cash and equivalents.
Derived from annual figures this company reported to the SEC (EDGAR XBRL company facts). Descriptive history only: not a forecast, not a rating, not investment advice.
Arista sells the high-speed switches that tie together the servers in big data centers, and its real advantage is the single software system, EOS, that runs across all of them. A handful of large cloud companies provide most of its revenue, and the rise of AI has sharply increased the need for the fast networking it specializes in.
Running one operating system across every switch makes a customer's network simpler to manage and automate, and once a large network is built on EOS, moving to another vendor is costly and disruptive.
AI computing needs thousands of processors wired together with very fast networking, and that back-end networking is exactly what Arista's products are designed for.
A few cloud customers drive much of Arista's revenue, so a spending pause by even one of them can hit results hard.
A large share of revenue comes from just a few big customers, and their orders can be lumpy, so a pause in spending by one of them can swing results. Competition in AI networking is intensifying, both from other switch makers and from rival networking technologies such as InfiniBand that some AI systems use instead of Ethernet.
Arista's results can be uneven because a few customers buy in large batches, so one quarter can look very different from the next. Judge the business using the revenue, margin, and customer-concentration details in the company's own filings rather than any outside estimate.
Whether Arista keeps winning the big AI data-center buildouts and begins selling to a wider set of customers, which is what would need to go right to reduce its reliance on a few cloud giants.
Educational content only. Market data is delayed and is not financial advice. Always do your own research and consult a licensed professional before investing.