Sector: Technology
US_ANET
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: yahoo_fundamentals_timeseries/ANET
Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueM USD | Operating profitM USD | D&AM USD | EBITDAM USD | Net profitM USD | Operating CFM USD | Capex + M&AM USD | AssetsM USD | EquityM USD | ROE (annualized) | Net debtM USD | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | Q1 2026 (3M) | PARTIAL | 2709.0 y/y 35.1% | 1157.8 y/y 34.8% | 23.3 y/y 68.8% | 1181.1 y/y 35.4% | 1022.9 y/y 25.7% | 1693.5 | -54.5 | 21656.5 y/y 49.2% | 13487.1 y/y 33.3% | 31.6% | -2729.9 | Link |
| 2025-12-31 | Q4 2025 (3M) | PARTIAL | 2487.8 y/y 28.9% | 1032.9 y/y 29.2% | 22.8 y/y 49.0% | 1055.7 y/y 29.6% | 955.8 y/y 19.3% | 1261.9 | -337.0 | 19448.6 y/y 38.5% | 12370.5 y/y 23.8% | 28.9% | -1904.3 | Link |
| 2025-09-30 | Q3 2025 (3M) | PARTIAL | 2308.3 y/y 27.5% | 978.2 y/y 24.6% | 23.2 y/y 48.7% | 1001.4 y/y 25.0% | 853.0 y/y 14.0% | 1268.2 | -30.1 | 18048.8 y/y 40.5% | 11907.1 y/y 28.8% | 10.0% | -2267.0 | Link |
| 2025-06-30 | Q2 2025 (3M) | PARTIAL | 2204.8 y/y 30.4% | 986.2 y/y 41.0% | 12.8 y/y -17.4% | 999.0 y/y 39.7% | 888.8 y/y 33.6% | 1200.1 | -24.0 | 16534.2 y/y 42.3% | 10901.6 y/y 29.3% | 33.8% | -2165.9 | Link |
| 2025-03-31 | Q1 2025 (3M) | PARTIAL | 2004.8 y/y 27.6% | 858.8 y/y 30.1% | 13.8 y/y -11.5% | 872.6 y/y 29.1% | 813.8 y/y 27.6% | 641.7 | -28.4 | 14514.6 y/y 37.6% | 10119.1 y/y 28.7% | 32.4% | -1785.5 | Link |
| 2024-12-31 | Q4 2024 (3M) | OK | 1930.4 y/y 25.3% | 799.5 y/y 24.9% | 15.3 y/y 6.5% | 814.8 y/y 24.5% | 801.0 y/y 30.5% | 1030.9 | -12.4 | 14043.9 y/y 41.1% | 9994.8 y/y 38.5% | 29.6% | -2702.8 | Link |
| 2024-09-30 | Q3 2024 (3M) | PARTIAL | 1810.9 y/y 20.0% | 785.3 y/y 30.3% | 15.6 y/y -8.3% | 800.9 y/y 29.2% | 748.0 y/y 37.2% | 1174.5 | -7.0 | 12846.7 y/y 41.7% | 9245.9 y/y 42.1% | 11.3% | -3109.6 | Link |
| 2024-06-30 | Q2 2024 (3M) | PARTIAL | 1690.4 y/y 15.9% | 699.6 y/y 32.0% | 15.5 y/y -15.4% | 715.1 y/y 30.4% | 665.4 y/y 35.3% | 989.0 | -3.2 | 11623.2 y/y 42.0% | 8430.8 y/y 43.9% | 32.7% | -2363.5 | Link |
| 2024-03-31 | Q1 2024 (3M) | PARTIAL | 1571.4 y/y 16.3% | 660.2 y/y 36.2% | 15.6 y/y -25.4% | 675.8 y/y 33.7% | 637.7 y/y 46.1% | 513.8 | -9.4 | 10550.2 y/y 39.9% | 7862.3 y/y 47.5% | 33.8% | -2026.6 | Link |
| 2023-12-31 | Q4 2023 (3M) | OK | 1540.5 y/y — | 640.0 y/y — | 14.4 y/y — | 654.3 y/y — | 613.6 y/y — | 526.5 | -7.8 | 9956.6 y/y — | 7219.0 y/y — | 30.4% | -1873.1 | Link |
| 2023-09-30 | Q3 2023 (3M) | OK | 1509.5 y/y — | 602.7 y/y — | 17.0 y/y — | 619.7 y/y — | 545.3 y/y — | 699.0 | -11.2 | 9069.0 y/y — | 6505.6 y/y — | 11.8% | -1700.8 | Link |
| 2023-06-30 | Q2 2023 (3M) | PARTIAL | 1458.9 y/y — | 530.1 y/y — | 18.3 y/y — | 548.4 y/y — | 491.9 y/y — | 434.1 | -11.6 | 8186.0 y/y — | 5857.6 y/y — | 35.2% | -1210.1 | Link |
| 2023-03-31 | Q1 2023 (3M) | PARTIAL | 1351.4 y/y — | 484.6 y/y — | 20.9 y/y — | 505.5 y/y — | 436.5 y/y — | 374.5 | -5.6 | 7543.1 y/y — | 5329.2 y/y — | — | -901.0 | Link |
Quarterly values ($ mln)
Year-over-year change
FCF ($ mln)
Net debt / cash ($ mln)
Value the company creates per year, as a % of market cap
Value created per year: +10.8%
| 1. EBITDA growth (latest quarter YoY, annualised) [EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2026-03-31 vs 2025-03-31) = (1 181 − 873) × 3.59 | 1 107 |
| 2. Current EV/EBITDA (LTM) (Market cap + Net debt) ÷ EBITDA (LTM) = (225 301 + -2 730) ÷ 4 237 | 30.0x — capped at 30x |
| 3. Target multiple (Current EV/EBITDA + 12) ÷ 2 = (30.0 + 12) ÷ 2 | 21.0x |
| 4. Cash flow (balance method, LTM) Net-debt reduction + dividends + buybacks − equity issuance = 944 + 0 + 196 − 59 | 1 140 |
| 5. Value created per year (EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap = (1 107 × 21.0 + 1 140) ÷ 225 301 | +10.8% |
Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.
Caveats:
Current 52.1x · 3-year average 46.2x
No dividend rows found for this issuer (checked: Yahoo Finance (ex-div)).
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Arista Networks, Inc. (ANET) — from primary filings.
High-speed datacenter switching and routing for cloud and enterprise networks.