Why did Arista Networks (ANET) stock move recently?

On 9/1/2026, Arista Networks moved -3.3% — ANET fell with the broader tech sector and market amid rising odds of a Fed rate hike and higher Treasury yields pressuring growth stocks; no company-specific negative catalyst or filing was reported today. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Arista Networks (ANET) overvalued or fairly valued?

MarketChacha shows Arista Networks's valuation in context — a trailing P/E of about 62.1, a forward P/E of about 37.6, a price-to-book of about 16.5 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Arista Networks's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.20×) from reported figures — education, not a rating.

What is Arista Networks's revenue?

Arista Networks reported revenue of $9.0B for FY2025, with net profit of $3.5B, per official filings.

What is the share price of Arista Networks (ANET)?

Arista Networks last traded at $193.78 (+1.2% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Arista Networks

ANET · NYSE · Networking · United States

Snapshot

TickerANET

ExchangeNYSE

SectorNetworking

IndustryComputer Hardware

CountryUnited States

Employees5,115

HeadquartersSanta Clara, United States

Websitewww.arista.com

Filings tracked12

About Arista Networks

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for AI, data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications. The company offers data center, cloud and AI networking, cognitive adjacencies, and cognitive network software and services. It also provides post contract customer support services, such as technical support, hardware repair and replacement parts beyond standard warranty, bug fixes, patches, and upgrade services. The company serves a range of industries comprising internet companies, cloud service providers, financial services organizations, government agencies, media and entertainment, healthcare, oil and gas, education, manufacturing, industrial, and others. It markets and sells its products through distributors, system integrators, value-added resellers, and original equipment manufacturer partners, as well as through its direct sales force. Arista Networks, Inc. was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. The company was incorporated in 2004 and is headquartered in Santa Clara, California.

Who owns it

Insiders17.2%
Institutions73.3%
Public & other9.4%

3,114 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.7.25%
Vanguard Capital Management LLC5.45%
State Street Corporation3.82%
FMR, LLC3.75%
Geode Capital Management, LLC2.18%
Vanguard Portfolio Management LLC2.05%
Price (T.Rowe) Associates Inc1.84%
Morgan Stanley1.56%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.20×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend35.6% → 39.0%

Margin has expanded by about 3.4 points — the business is getting more profitable.

Return on equity28.4%

Latest ROE of 28.4% — capital is generating a healthy return.

Growth qualityrev 24% · PAT 30%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $3.6B · EPS 1.15

Est. earnings growth +40.0%

Next fiscal year

Rev $16.2B · EPS 5.16

Est. earnings growth +25.5%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$9.0B

Net margin

39.0%

ROE

28.4%

Revenue CAGR (2y)

+24.0%

Profit CAGR (2y)

+29.7%

EPS (FY2025)

2.75

Net profit (FY2025)

$3.5B

Ask MarketChacha about ANET

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Sep 1, 2026
ANET fell with the broader tech sector and market amid rising odds of a Fed rate hike and higher Treasury yields pressuring growth stocks; no company-specific negative catalyst or filing was reported today.
source 1 ↗source 2 ↗· confidence: medium
Aug 4, 2026
Arista Networks shares rose ahead of its Q2 2026 earnings release scheduled after market close today, amid broader AI-driven tech momentum and the stock reaching a new 1-year high.
source 1 ↗source 2 ↗source 3 ↗· confidence: medium
Jul 27, 2026
Arista Networks shares fell with the broader technology sector and market amid no company-specific news or filings; next earnings are scheduled for August 4.
· confidence: low
Jul 21, 2026
Arista rose on its July 21 announcement of AI-driven Edge Threat Management (ETM) for VeloCloud SD-WAN, delivering integrated zero-trust security for enterprise branch offices, alongside continued strength in AI networking demand.
source 1 ↗source 2 ↗source 3 ↗· confidence: high

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about ANET

Arista Networks Q2 2026 results: what the numbers sayc/us-daily · 8/4/2026▲ 0

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$9.0B	$3.5B	2.75	39.0%	28.4%
FY2024	$7.0B	$2.9B	2.23	40.7%	28.5%
FY2023	$5.9B	$2.1B	1.65	35.6%	28.9%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$3.0B	$1.2B	0.95	40.0%
2026Q1	$2.7B	$1.0B	0.80	37.8%
2025Q3	$2.3B	$853.0M	0.67	37.0%
2025Q2	$2.2B	$888.8M	0.70	40.3%
2025Q1	$2.0B	$813.8M	0.64	40.6%
2024Q3	$1.8B	$748.0M	0.58	41.3%
2024Q2	$1.7B	$665.4M	0.52	39.4%
2024Q1	$1.6B	$637.7M	0.50	40.6%
2023Q3	$1.5B	$545.3M	1.72	36.1%
2023Q2	$1.5B	$491.9M	1.55	33.7%
2023Q1	$1.4B	$436.5M	1.38	32.3%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/5/2026
8-K — Results of operations, Exhibits
SEC8/4/2026material
8-K — Shareholder vote results
SEC6/2/2026material
10-Q filing
SEC5/6/2026
8-K — Results of operations, Exhibits
SEC5/5/2026material
10-K filing
SEC2/17/2026
8-K — Results of operations, Exhibits
SEC2/12/2026material

2025

10-Q filing
SEC11/5/2025
8-K — Results of operations, Exhibits
SEC11/4/2025material
8-K — Executive/director change, Bylaw/charter change, Other events, Exhibits
SEC9/8/2025material
10-Q filing
SEC8/6/2025
8-K — Results of operations, Exhibits
SEC8/5/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.