ARISTA NETWORKS, INC. (ANET) capitalization

Current snapshot

Market Cap
$146.24B
1.26B shares × $116.13
Net Worth
$12.37B
Stockholders' equity · 2025-12-31
Enterprise Value
$144.28B
Market cap + debt − cash
Net Debt
-$1.96B
Debt — − Cash $1.96B

Annual history

One row per fiscal year (10-K). Market cap uses split-adjusted closing price on the fiscal-year-end date × shares outstanding.

Period End Market Cap
FY'25 2025-12-31 $167.15B
FY'24 2024-12-31 $141.60B
FY'23 2023-12-31 $74.69B
FY'22 2022-12-31 $38.40B
FY'21 2021-12-31 $45.89B
FY'20 2020-12-31 $23.09B
FY'19 2019-12-31 $16.45B
FY'18 2018-12-31 $17.03B
FY'17 2017-12-31 $18.61B
FY'16 2016-12-31 $7.09B
FY'15 2015-12-31 $5.56B
FY'14 2014-12-31 $3.32B

Quarterly history

One row per quarter (10-Q and Q4 from 10-K). Market cap uses split-adjusted closing price on the quarter-end date × shares outstanding.

Period End Market Cap
Q4'25 2025-12-31 $164.64B
Q3'25 2025-09-30 $186.01B
Q2'25 2025-06-30 $130.06B
Q1'25 2025-03-31 $99.11B
Q4'24 2024-12-31 $139.41B
Q3'24 2024-09-30 $123.00B
Q2'24 2024-06-30 $112.13B
Q1'24 2024-03-31 $92.75B
Q4'23 2023-12-31 $73.54B
Q3'23 2023-09-30 $58.42B
Q2'23 2023-06-30 $51.29B
Q1'23 2023-03-31 $52.97B
Q4'22 2022-12-31 $37.24B
Q3'22 2022-09-30 $35.49B
Q2'22 2022-06-30 $29.68B
Q1'22 2022-03-31 $44.43B
Q4'21 2021-12-31 $44.23B
Q3'21 2021-09-30 $27.46B
Q2'21 2021-06-30 $28.88B
Q1'21 2021-03-31 $24.04B
Q4'20 2020-12-31 $22.13B
Q3'20 2020-09-30 $16.41B
Q2'20 2020-06-30 $16.65B
Q1'20 2020-03-31 $16.19B
Q4'19 2019-12-31 $15.54B
Q3'19 2019-09-30 $19.29B
Q2'19 2019-06-30 $21.12B
Q1'19 2019-03-31 $25.53B
Q1'19 2019-01-01
Q4'18 2018-12-31 $15.94B
Q3'18 2018-09-30 $21.54B
Q2'18 2018-06-30 $19.18B
Q1'18 2018-03-31 $20.61B
Q4'17 2017-12-31 $17.36B
Q3'17 2017-09-30 $15.04B
Q2'17 2017-06-30 $11.80B
Q1'17 2017-03-31 $10.25B
Q4'16 2016-12-31 $6.85B
Q3'16 2016-09-30 $6.25B
Q2'16 2016-06-30 $4.69B
Q1'16 2016-03-31 $4.56B
Q4'15 2015-12-31 $5.30B
Q3'15 2015-09-30 $4.40B
Q2'15 2015-06-30 $5.82B
Q1'15 2015-03-31 $4.99B
Q4'14 2014-12-31 $3.98B
Q3'14 2014-09-30 $6.16B
Q2'14 2014-06-30 $2.75B
Q1'15 2014-03-31
Q2'14 2013-12-31
Q3'14 2013-09-30
Q2'14 2013-06-30
Q2'14 2012-12-31

Methodology

Every figure on this page traces back to SEC EDGAR XBRL company-facts filings (ANET CIK 0001596532), tagged with the us-gaap and dei taxonomies. The only exception is the live market cap tile, which uses the current share price × shares outstanding from a market quote. Historical share prices come from our total-returns daily history (split-adjusted); historical market caps are calibrated against today's share count to correct for SEC retroactive split restatements.

For the exact XBRL concepts and formulas, see the methodology reference for net worth, debt, cash, market cap, enterprise value, net debt, shares outstanding, and the historical-market-cap calibration.