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Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.
2004
4.4K+
LTM Revenue $7.6B
LTM EBITDA $3.6B
$116B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Arista Networks has a last 12-month revenue (LTM) of $7.6B and a last 12-month EBITDA of $3.6B.
In the most recent fiscal year, Arista Networks achieved revenue of $7.0B and an EBITDA of $3.0B.
Arista Networks expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Arista Networks valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $7.6B | XXX | $7.0B | XXX | XXX | XXX |
| Gross Profit | $4.8B | XXX | $4.5B | XXX | XXX | XXX |
| Gross Margin | 63% | XXX | 64% | XXX | XXX | XXX |
| EBITDA | $3.6B | XXX | $3.0B | XXX | XXX | XXX |
| EBITDA Margin | 47% | XXX | 43% | XXX | XXX | XXX |
| EBIT | $3.5B | XXX | $2.9B | XXX | XXX | XXX |
| EBIT Margin | 46% | XXX | 42% | XXX | XXX | XXX |
| Net Profit | $3.1B | XXX | $2.9B | XXX | XXX | XXX |
| Net Margin | 40% | XXX | 41% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | n/a | XXX | XXX | XXX |
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As of June 13, 2025, Arista Networks's stock price is $96.
Arista Networks has current market cap of $120B, and EV of $116B.
See Arista Networks trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $116B | $120B | XXX | XXX | XXX | XXX | $2.40 |
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Start Free TrialAs of June 13, 2025, Arista Networks has market cap of $120B and EV of $116B.
Arista Networks's trades at 16.5x EV/Revenue multiple, and 38.5x EV/EBITDA.
Equity research analysts estimate Arista Networks's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Arista Networks has a P/E ratio of 39.2x.
See valuation multiples for Arista Networks and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $120B | XXX | $120B | XXX | XXX | XXX |
| EV (current) | $116B | XXX | $116B | XXX | XXX | XXX |
| EV/Revenue | 15.2x | XXX | 16.5x | XXX | XXX | XXX |
| EV/EBITDA | 32.5x | XXX | 38.5x | XXX | XXX | XXX |
| EV/EBIT | 32.8x | XXX | 39.4x | XXX | XXX | XXX |
| EV/Gross Profit | 24.0x | XXX | n/a | XXX | XXX | XXX |
| P/E | 39.2x | XXX | 42.2x | XXX | XXX | XXX |
| EV/FCF | 32.8x | XXX | 31.5x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialArista Networks's last 12 month revenue growth is 19%
Arista Networks's revenue per employee in the last FY averaged $1.6M, while opex per employee averaged $0.4M for the same period.
Arista Networks's rule of 40 is 59% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Arista Networks's rule of X is 94% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Arista Networks and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 19% | XXX | 19% | XXX | XXX | XXX |
| EBITDA Margin | 47% | XXX | 43% | XXX | XXX | XXX |
| EBITDA Growth | 16% | XXX | 28% | XXX | XXX | XXX |
| Rule of 40 | 59% | XXX | 62% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 94% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $1.6M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.4M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 6% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | 14% | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 22% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| TKH Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Elsight | XXX | XXX | XXX | XXX | XXX | XXX |
| Intracom Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Optronics Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
| Thaicom | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Arista Networks acquired XXX companies to date.
Last acquisition by Arista Networks was XXXXXXXX, XXXXX XXXXX XXXXXX . Arista Networks acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Start Free Trial| When was Arista Networks founded? | Arista Networks was founded in 2004. |
| Where is Arista Networks headquartered? | Arista Networks is headquartered in United States of America. |
| How many employees does Arista Networks have? | As of today, Arista Networks has 4.4K+ employees. |
| Who is the CEO of Arista Networks? | Arista Networks's CEO is Ms. Jayshree V. Ullal. |
| Is Arista Networks publicy listed? | Yes, Arista Networks is a public company listed on NYS. |
| What is the stock symbol of Arista Networks? | Arista Networks trades under ANET ticker. |
| When did Arista Networks go public? | Arista Networks went public in 2014. |
| Who are competitors of Arista Networks? | Similar companies to Arista Networks include e.g. TKH Group, Elsight, Intracom Holdings, Optronics Technologies. |
| What is the current market cap of Arista Networks? | Arista Networks's current market cap is $120B |
| What is the current revenue of Arista Networks? | Arista Networks's last 12 months revenue is $7.6B. |
| What is the current revenue growth of Arista Networks? | Arista Networks revenue growth (NTM/LTM) is 19%. |
| What is the current EV/Revenue multiple of Arista Networks? | Current revenue multiple of Arista Networks is 15.2x. |
| Is Arista Networks profitable? | Yes, Arista Networks is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Arista Networks? | Arista Networks's last 12 months EBITDA is $3.6B. |
| What is Arista Networks's EBITDA margin? | Arista Networks's last 12 months EBITDA margin is 47%. |
| What is the current EV/EBITDA multiple of Arista Networks? | Current EBITDA multiple of Arista Networks is 32.5x. |
| What is the current FCF of Arista Networks? | Arista Networks's last 12 months FCF is $3.5B. |
| What is Arista Networks's FCF margin? | Arista Networks's last 12 months FCF margin is 46%. |
| What is the current EV/FCF multiple of Arista Networks? | Current FCF multiple of Arista Networks is 32.8x. |
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