Revenue by quarter
US$ · last 8| Quarter | Revenue | Net income | EPS |
|---|---|---|---|
| Q2 FY2026 | $3.0B | $1.2B | 0.95 |
| Q1 FY2026 | $2.7B | $1.0B | 0.80 |
| Q4 FY2025 | $2.5B | $955.8M | 0.75 |
| Q3 FY2025 | $2.3B | $853.0M | 0.67 |
Newest filings
All 235| Form | Filed | |
|---|---|---|
| 10-Q | 5 Aug 2026 | |
| 8-K | 4 Aug 2026 | |
| 8-K | 2 Jun 2026 | |
| SD | 27 May 2026 | |
| 10-Q | 6 May 2026 | |
| 8-K | 5 May 2026 | |
| ARS | 16 Apr 2026 | |
| DEFA14A | 16 Apr 2026 |
Description
- Ticker
- ANET-US
- Exchange
- NYSE
- Index
- S&P 500
- Industry
- Computer Communications Equipment
- SIC division
- Manufacturing
- CIK
- 0001596532
- LEI
- 635400H1WKBLOQERUU95
- FIGI
- BBG000N2HDY5
- Share class FIGI
- BBG001T51KQ0
- Fiscal year ends
- Dec
- Filings held
- 235 since 2014
- 8-K events
- 89
- Shares short
- 11.9M, 30 Sep 2026
Financial statements
The income statement, balance sheet and cash flow by year and by quarter, line by line as the company reports them. Each column names the filing it comes from.
| Fiscal period | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
| Source filing | 10-K/A | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Filed | 15 May 2015 | 25 Feb 2016 | 17 Feb 2017 | 20 Feb 2018 | 15 Feb 2019 | 14 Feb 2020 | 19 Feb 2021 | 15 Feb 2022 | 14 Feb 2023 | 13 Feb 2024 | 19 Feb 2025 | 17 Feb 2026 | 17 Feb 2026 | 17 Feb 2026 |
| +Total revenue | 193M | 361M | 584M | 838M | 1,129M | 1,646M | 2,151M | 2,411M | 2,318M | 2,948M | 4,381M | 5,860Mr | 7,003Mr | 9,006M |
| −Total cost of revenue | 61M | 123M | 192M | 294M | 406M | 584M | 778M | 866M | 836M | 1,067M | 1,706M | 2,230Mr | 2,512Mr | 3,237M |
| Gross profit | 132M | 239M | 392M | 544M | 723M | 1,062M | 1,373M | 1,544M | 1,482M | 1,881M | 2,676M | 3,630Mr | 4,491M | 5,769M |
| % of total revenue | 68.3% | 66.0% | 67.1% | 64.9% | 64.0% | 64.5% | 63.8% | 64.1% | 63.9% | 63.8% | 61.1% | 61.9% | 64.1% | 64.1% |
| +Research and development | 55M | 99M | 149M | 209M | 274M | 350M | 443M | 463M | 487M | 587M | 728M | 855Mr | 997Mr | 1,237M |
| +Sales and marketing | 29M | 55M | 85M | 109M | 131M | 155M | 187M | 214M | 229M | 286M | 327M | 399Mr | 427Mr | 533M |
| +General and administrative | 8.5M | 19M | 32M | 76M | 75M | 87M | 65M | 62M | 66M | 83M | 93M | 119Mr | 123Mr | 142M |
| Legal settlement | – | – | – | – | 0M | 0M | 405M | 0M | 0M | – | – | – | – | – |
| −Total operating expenses | 92M | 172M | 267M | 394M | 480M | 592M | 1,100M | 739M | 782M | 956M | 1,149M | 1,373Mr | 1,547Mr | 1,913M |
| Income from operations | 40M | 66M | 126M | 149M | 243M | 470M | 273M | 806M | 700M | 925M | 1,527M | 2,257Mr | 2,945Mr | 3,856M |
| % of total revenue | 20.6% | 18.3% | 21.5% | 17.8% | 21.6% | 28.6% | 12.7% | 33.4% | 30.2% | 31.4% | 34.9% | 38.5% | 42.0% | 42.8% |
| +Other income, net | -6.9M | -7.9M | -4M | -3.3M | -1.2M | 4.5M | 16M | 57M | 39M | 6.1M | 55M | 165Mr | 321Mr | 394M |
| Income before income taxes | 33M | 58M | 122M | 146M | 242M | 475M | 289M | 862M | 739M | 931M | 1,582M | 2,422Mr | 3,265Mr | 4,250M |
| % of total revenue | 17.0% | 16.1% | 20.8% | 17.4% | 21.5% | 28.8% | 13.4% | 35.8% | 31.9% | 31.6% | 36.1% | 41.3% | 46.6% | 47.2% |
| −Provision for income taxes | 12M | 16M | 35M | 25M | 58M | 52M | -39M | 2.4M | 104M | 90M | 229M | 335Mr | 413Mr | 738M |
| Net income | 21M | 43M | 87M | 121M | 184M | 423M | 328M | 860M | 635M | 841M | 1,352M | 2,087Mr | 2,852Mr | 3,511M |
| % of total revenue | 11.0% | 11.8% | 14.9% | 14.5% | 16.3% | 25.7% | 15.3% | 35.7% | 27.4% | 28.5% | 30.9% | 35.6% | 40.7% | 39.0% |
| Basic | 9.6M | 21M | 69M | 119M | 183M | 422M | 328M | 859M | 635M | 841M | – | – | – | – |
| Diluted | 9.7M | 22M | 71M | 119M | 183M | 423M | 328M | 860M | 635M | 841M | – | – | – | – |
| Basic | 0.02s | 0.05s | 0.09s | 0.11s | 0.17s | 0.37s | 0.27s | 0.70s | 0.52s | 0.69s | 1.10 | 1.69 | 2.27 | 2.79 |
| Diluted | 0.02s | 0.04s | 0.08s | 0.10s | 0.16s | 0.33s | 0.25s | 0.67s | 0.50s | 0.66s | 1.07 | 1.65 | 2.23 | 2.75 |
| Basic | 395Ms | 437Ms | 775Ms | 1,055Ms | 1,100Ms | 1,156Ms | 1,196Ms | 1,221Ms | 1,216Ms | 1,226Ms | 1,226M | 1,237Mr | 1,256Mr | 1,258M |
| Diluted | 398Ms | 481Ms | 873Ms | 1,143Ms | 1,172Ms | 1,264Ms | 1,294Ms | 1,294Ms | 1,271Ms | 1,277Ms | 1,266M | 1,269Mr | 1,281Mr | 1,276M |
Hover a figure for its source.r restated in a later filings adjusted for a stock split– not reported in that period
Lines in the order and wording of the 10-K filed 17 Feb 2026. 393 of 393 subtotals add up to the company's own totals, and the balance sheet balances in 62 of 62 periods. Newest filing read: 5 Aug 2026.
Free for personal research, with credit (Data by Shikshan Nivesh) and a link. API access, bulk files and commercial use need a licence: the data licence.
Charts
Any figure or ratio in the record, by year, by quarter or on a trailing twelve months, as a value or as growth, against a peer if you like. Hover for the figures.
Revenue · quarterly · US$
Latest Jun 2026: $3.04B
Revenue = rev
Method. Each month-end, the trailing-twelve-month diluted EPS known that month (from filings filed by then) at the 10th, 50th and 90th percentile of this stock's own month-end P/E from 2017-02 to 2026-10. Months with the figure at or below zero are left out. A summary of the multiples the stock has traded at, not a value.
Ratios
Every ratio, worked out the same way for every company, by year or on a trailing twelve months. Hover a ratio for its formula.
| Fiscal year ending | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on common equity | – | – | 21.8% | 17.7% | 19.3% | 30.5% | 17.2% | 34.1% | 20.4% | 23.0% | 30.5% | 34.5% | 33.1% | 31.4% |
| Return on assets | – | – | 14.8% | 12.3% | 12.8% | 20.2% | 11.8% | 23.7% | 14.2% | 16.1% | 21.6% | 25.0% | 23.8% | 21.0% |
| Return on capital | – | – | 24.5% | 18.4% | 19.5% | 29.9% | 11.1% | 31.7% | 19.3% | 22.9% | 29.5% | 32.1% | 29.9% | 28.5% |
| Return on invested capital | – | – | 106.1% | 119.6% | 108.6% | 207.5% | 111.7% | 408.9% | 194.6% | 164.2% | 107.4% | 95.5% | 131.8% | 192.0% |
| Gross margin | 68.3% | 66.0% | 67.1% | 64.9% | 64.0% | 64.5% | 63.8% | 64.1% | 63.9% | 63.8% | 61.1% | 61.9% | 64.1% | 64.1% |
| EBITDA margin | 21.5% | 19.7% | 23.2% | 19.5% | 23.3% | 29.8% | 14.0% | 34.8% | 31.7% | 33.1% | 36.3% | 39.7% | 42.9% | 43.6% |
| Operating margin | 20.6% | 18.3% | 21.5% | 17.8% | 21.6% | 28.6% | 12.7% | 33.4% | 30.2% | 31.4% | 34.9% | 38.5% | 42.0% | 42.8% |
| Incremental operating margin | – | 15.6% | 26.6% | 9.4% | 32.3% | 43.9% | −39.0% | 205.3% | 113.8% | 35.7% | 42.0% | 49.4% | 60.1% | 45.5% |
| Pretax margin | 17.0% | 16.1% | 20.8% | 17.4% | 21.5% | 28.8% | 13.4% | 35.8% | 31.9% | 31.6% | 36.1% | 41.3% | 46.6% | 47.2% |
| Profit margin | 11.0% | 11.8% | 14.9% | 14.5% | 16.3% | 25.7% | 15.3% | 35.7% | 27.4% | 28.5% | 30.9% | 35.6% | 40.7% | 39.0% |
| Net income to common margin | 5.0% | 5.8% | 11.8% | 14.2% | 16.2% | 25.7% | 15.2% | 35.7% | 27.4% | 28.5% | 30.9% | 35.6% | 40.7% | 39.0% |
| Effective tax rate | 35.3% | 27.1% | 28.5% | 17.1% | 24.0% | 10.9% | −13.6% | 0.3% | 14.1% | 9.7% | 14.5% | 13.8% | 12.6% | 17.4% |
What the company said with its results
The key points, guidance and management's own words from each of the last four results releases.
Key points
Revenue topped $3 billion
Revenue was $3,035.7 million, up 37.7% from a year earlier and 12.1% from the first quarter of 2026, the company's first quarter above $3 billion.
Non-GAAP EPS rose 39.7%
Non-GAAP diluted EPS was $1.02 against $0.73; GAAP diluted EPS was $0.95 against $0.70. Net income was $1,212.9 million against $888.8 million.
Q2 results against prior guidance
The prior release had guided second-quarter revenue to approximately $2.8 billion, non-GAAP operating margin to 46-47%, and non-GAAP diluted EPS to approximately $0.88.
Product and service revenue grew
Product revenue was $2,605.2 million against $1,877.0 million, and service revenue $430.5 million against $327.8 million, for the quarter ended June 30, 2026.
1.6 Tbps AI fabric platforms launched
The company introduced 1.6 Tbps AI fabric platforms, with liquid-cooled options for scale-up, scale-out and scale-across networks.
Linear optics cut interconnect power
The new Etherlink platforms deliver up to 100 Tbps of system bandwidth and support Linear Pluggable Optics, which management says cuts interconnect power by about 60%.
Gross margin declined year on year
GAAP gross margin was 62.9% against 65.2% a year earlier, and non-GAAP gross margin 63.4% against 65.6%. Product cost of revenue rose to $1,047.5 million from $707.3 million.
Operating expenses rose
Research and development expense rose to $348.2 million from $296.5 million, and sales and marketing to $150.3 million from $126.5 million.
Operating margin rose year on year
GAAP operating income was $1,378.0 million, and operating margin was 45.4% against 44.7% a year earlier. Non-GAAP operating margin was 49.9% against 48.8%.
Stock comp and amortization increased
Stock-based compensation expense was $120.4 million against $85.2 million, and intangible asset amortization $15.3 million against $5.0 million.
Receivables and inventory increased
Accounts receivable were $2,266.2 million against $1,886.9 million at December 31, 2025, and inventories $2,535.3 million against $2,247.1 million.
Operating cash flow rose for six months
Net cash provided by operating activities was $2,776.5 million for the six months ended June 30, 2026, against $1,841.8 million. The first quarter alone was $1,693.5 million.
No share repurchases in six months
No common stock was repurchased in the six months ended June 30, 2026, against $983.0 million a year earlier. Net cash used in financing activities was $1.5 million.
Cash and marketable securities increased
Cash and cash equivalents were $2,290.2 million and marketable securities $11,053.1 million at June 30, 2026, against $1,963.9 million and $8,779.1 million at December 31, 2025.
Guidance
- Revenueapproximately $3.3 billionThird quarter of 2026 · new
- Non-GAAP operating margin48 - 49%Third quarter of 2026 · new
- Non-GAAP diluted net income per sharebetween $1.06 and $1.08Third quarter of 2026 · new
In their words
“As we deliver our first $3 billion quarter in Q2 2026, it is clear that our Arista 2.0 platform strategy is compelling” Jayshree Ullal, Chairperson and CEO of Arista Networks
“Customers see networking as the central nervous system for infrastructure from the client to campus to data and AI centers.” Jayshree Ullal, Chairperson and CEO of Arista Networks
“This performance underscores the strength of our market position and the continued dedication of our global team.” Chantelle Breithaupt, Arista's CFO
Coming up
Security webinar with partners. Arista is hosting a webinar with Anthropic and Palo Alto Networks on the future of security in an AI world. The release gives no date.
Revenue by segment
As the company reports it in the segment note of each annual report: by business, by product and by region, latest year.
- Product$7.6B 84.1%
- Service$1.4B 15.9%
- Americas$7.1B 79.1%
- Europe, Middle East and Africa$1.1B 11.9%
- Asia Pacific$813.3M 9.0%
Company events
Every 8-K, sorted by the event it reports, with the moment the SEC accepted it in New York time.
| 4 Aug 2026 | 8-K | Results | 2.02, 9.01 | |
| 2 Jun 2026 | 8-K | Shareholder vote | 5.07 | |
| 5 May 2026 | 8-K | Results | 2.02, 9.01 | |
| 12 Feb 2026 | 8-K | Results | 2.02, 9.01 | |
| 4 Nov 2025 | 8-K | Results | 2.02, 9.01 | |
| 8 Sep 2025 | 8-K | Leadership changeBylaws or fiscal year changeOther events | 5.02, 5.03, 8.01, 9.01 | |
| 5 Aug 2025 | 8-K | Results | 2.02, 9.01 | |
| 16 Jun 2025 | 8-K | Leadership change | 5.02, 9.01 | |
| 3 Jun 2025 | 8-K | Shareholder vote | 5.07 | |
| 6 May 2025 | 8-K | ResultsLeadership changeOther events | 2.02, 5.02, 8.01, 9.01 | |
| 17 Mar 2025 | 8-K | Leadership changeOther events | 5.02, 8.01, 9.01 | |
| 18 Feb 2025 | 8-K | Results | 2.02, 9.01 | |
| 3 Dec 2024 | 8-K | Bylaws or fiscal year change | 5.03, 9.01 | |
| 7 Nov 2024 | 8-K | ResultsOther events | 2.02, 8.01, 9.01 | |
| 30 Jul 2024 | 8-K | Results | 2.02, 9.01 | |
| 10 Jun 2024 | 8-K | Shareholder vote | 5.07 | |
| 24 May 2024 | 8-K | Other events | 8.01 | |
| 7 May 2024 | 8-K | ResultsOther events | 2.02, 8.01, 9.01 | |
| 23 Apr 2024 | 8-K | Leadership change | 5.02, 9.01 | |
| 19 Apr 2024 | 8-K | Leadership changeOther events | 5.02, 8.01 | |
| 28 Feb 2024 | 8-K | Other events | 8.01 | |
| 12 Feb 2024 | 8-K | Results | 2.02, 9.01 | |
| 20 Dec 2023 | 8-K | Bylaws or fiscal year change | 5.03, 9.01 | |
| 1 Dec 2023 | 8-K | Leadership changeOther events | 5.02, 8.01, 9.01 | |
| 30 Oct 2023 | 8-K | Results | 2.02, 9.01 | |
| 31 Jul 2023 | 8-K | ResultsLeadership change | 2.02, 5.02, 9.01 | |
| 16 Jun 2023 | 8-K | Shareholder vote | 5.07 | |
| 1 May 2023 | 8-K | Results | 2.02, 9.01 | |
| 13 Feb 2023 | 8-K | Results | 2.02, 9.01 | |
| 31 Oct 2022 | 8-K | Results | 2.02, 9.01 | |
| 25 Oct 2022 | 8-K | Bylaws or fiscal year change | 5.03, 9.01 | |
| 1 Aug 2022 | 8-K | Results | 2.02, 9.01 | |
| 25 Jul 2022 | 8-K | Leadership change | 5.02 | |
| 3 Jun 2022 | 8-K | Shareholder vote | 5.07 | |
| 2 May 2022 | 8-K | Results | 2.02, 9.01 | |
| 29 Mar 2022 | 8-K | Leadership change | 5.02 | |
| 14 Feb 2022 | 8-K | Results | 2.02, 9.01 | |
| 1 Nov 2021 | 8-K | ResultsOther events | 2.02, 8.01, 9.01 | |
| 2 Aug 2021 | 8-K | Results | 2.02, 9.01 | |
| 20 Jul 2021 | 8-K | Leadership change | 5.02 | |
| 3 Jun 2021 | 8-K | Shareholder vote | 5.07 | |
| 4 May 2021 | 8-K | Results | 2.02, 9.01 | |
| 18 Feb 2021 | 8-K | Results | 2.02, 9.01 | |
| 2 Nov 2020 | 8-K | Results | 2.02, 9.01 | |
| 4 Aug 2020 | 8-K | Results | 2.02, 9.01 | |
| 13 Jul 2020 | 8-K | Leadership change | 5.02 | |
| 29 May 2020 | 8-K | Shareholder vote | 5.07 | |
| 5 May 2020 | 8-K | Results | 2.02, 9.01 | |
| 13 Feb 2020 | 8-K | Results | 2.02, 9.01 | |
| 2 Jan 2020 | 8-K | ResultsInvestor update | 2.02, 7.01 |
Every filing
The company's filings with the SEC, newest first: 235 held. Insider, fund and large-holder filings have their own tables below.
| 5 Aug 2026 | 10-Q | 30 Jun 2026 | |
| 4 Aug 2026 | 8-K | 4 Aug 2026 | |
| 2 Jun 2026 | 8-K | 29 May 2026 | |
| 27 May 2026 | SD | – | |
| 6 May 2026 | 10-Q | 31 Mar 2026 | |
| 5 May 2026 | 8-K | 5 May 2026 | |
| 16 Apr 2026 | ARS | 31 Dec 2025 | |
| 16 Apr 2026 | DEFA14A | – | |
| 16 Apr 2026 | DEF 14A | 29 May 2026 | |
| 17 Feb 2026 | 10-K | 31 Dec 2025 | |
| 12 Feb 2026 | 8-K | 12 Feb 2026 | |
| 5 Nov 2025 | 10-Q | 30 Sep 2025 | |
| 4 Nov 2025 | 8-K | 4 Nov 2025 | |
| 8 Sep 2025 | 8-K | 5 Sep 2025 | |
| 6 Aug 2025 | 10-Q | 30 Jun 2025 | |
| 5 Aug 2025 | 8-K | 5 Aug 2025 | |
| 16 Jun 2025 | 8-K | 13 Jun 2025 | |
| 3 Jun 2025 | 8-K | 30 May 2025 | |
| 27 May 2025 | SD | – | |
| 19 May 2025 | DEFA14A | – | |
| 7 May 2025 | 10-Q | 31 Mar 2025 | |
| 6 May 2025 | 8-K | 1 May 2025 | |
| 16 Apr 2025 | ARS | 31 Dec 2024 | |
| 16 Apr 2025 | DEFA14A | – | |
| 16 Apr 2025 | DEF 14A | 30 May 2025 | |
| 17 Mar 2025 | 8-K | 14 Mar 2025 | |
| 19 Feb 2025 | 10-K | 31 Dec 2024 | |
| 18 Feb 2025 | 8-K | 18 Feb 2025 | |
| 30 Jan 2025 | UPLOAD | – | |
| 24 Jan 2025 | CORRESP | – | |
| 7 Jan 2025 | UPLOAD | – | |
| 3 Dec 2024 | 8-K | 3 Dec 2024 | |
| 8 Nov 2024 | 10-Q | 30 Sep 2024 | |
| 7 Nov 2024 | CORRESP | – | |
| 7 Nov 2024 | 8-K | 7 Nov 2024 | |
| 30 Oct 2024 | CORRESP | – | |
| 16 Oct 2024 | UPLOAD | – | |
| 8 Aug 2024 | CORRESP | – | |
| 31 Jul 2024 | 10-Q | 30 Jun 2024 | |
| 30 Jul 2024 | 8-K | 30 Jul 2024 | |
| 25 Jul 2024 | UPLOAD | – | |
| 19 Jul 2024 | SD/A | – | |
| 10 Jun 2024 | 8-K | 7 Jun 2024 | |
| 24 May 2024 | 8-K | 21 May 2024 | |
| 22 May 2024 | SD | – | |
| 8 May 2024 | 10-Q | 31 Mar 2024 | |
| 7 May 2024 | 8-K | 3 May 2024 | |
| 24 Apr 2024 | ARS | 31 Dec 2023 | |
| 24 Apr 2024 | DEFA14A | – | |
| 24 Apr 2024 | DEF 14A | 7 Jun 2024 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months, with the shares they held after.
| 20 Oct 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 649 | $177.91 | $115.5K | 29,660 | 22 Oct 2026 |
| 20 Oct 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 486 | $179.02 | $87.0K | 29,174 | 22 Oct 2026 |
| 20 Oct 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 3,538 | $180.12 | $637.3K | 25,636 | 22 Oct 2026 |
| 20 Oct 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 6,487 | $180.93 | $1.2M | 19,149 | 22 Oct 2026 |
| 20 Oct 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 5,973 | $181.78 | $1.1M | 13,176 | 22 Oct 2026 |
| 20 Oct 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 200 | $182.79 | $36.6K | 12,976 | 22 Oct 2026 |
| 20 Oct 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 599 | $177.91 | $106.6K | 1,170,319 | 22 Oct 2026 |
| 20 Oct 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 449 | $179.02 | $80.4K | 1,169,870 | 22 Oct 2026 |
| 20 Oct 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 3,265 | $180.12 | $588.1K | 1,166,605 | 22 Oct 2026 |
| 20 Oct 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 5,988 | $180.93 | $1.1M | 1,160,617 | 22 Oct 2026 |
| 20 Oct 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 5,514 | $181.78 | $1.0M | 1,155,103 | 22 Oct 2026 |
| 20 Oct 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 185 | $182.79 | $33.8K | 1,154,918 | 22 Oct 2026 |
| 20 Oct 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 374 | $177.91 | $66.5K | 442,026 | 22 Oct 2026 |
| 20 Oct 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 281 | $179.02 | $50.3K | 441,745 | 22 Oct 2026 |
| 20 Oct 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 2,041 | $180.12 | $367.6K | 439,704 | 22 Oct 2026 |
| 20 Oct 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 3,742 | $180.93 | $677.0K | 435,962 | 22 Oct 2026 |
| 20 Oct 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 3,446 | $181.78 | $626.4K | 432,516 | 22 Oct 2026 |
| 20 Oct 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 116 | $182.79 | $21.2K | 432,400 | 22 Oct 2026 |
| 9 Oct 2026 | Ullal JayshreeCEO and Chairperson | Sale under a trading plan | 18,656 | $217.10 | $4.1M | 4,774,691 | 13 Oct 2026 |
| 9 Oct 2026 | Ullal JayshreeCEO and Chairperson | Sale under a trading plan | 93,241 | $217.10 | $20.2M | 15,432,507 | 13 Oct 2026 |
| 8 Oct 2026 | Ullal JayshreeCEO and Chairperson | Sale under a trading plan | 4,000 | $217.05 | $868.2K | 4,793,347 | 13 Oct 2026 |
| 8 Oct 2026 | Ullal JayshreeCEO and Chairperson | Sale under a trading plan | 19,990 | $217.05 | $4.3M | 15,525,748 | 13 Oct 2026 |
| 7 Oct 2026 | Ullal JayshreeCEO and Chairperson | Sale under a trading plan | 13,860 | $217.14 | $3.0M | 4,797,347 | 9 Oct 2026 |
| 7 Oct 2026 | Ullal JayshreeCEO and Chairperson | Sale under a trading plan | 69,272 | $217.14 | $15.0M | 15,545,738 | 9 Oct 2026 |
| 6 Oct 2026 | Ullal JayshreeCEO and Chairperson | Sale under a trading plan | 13,179 | $211.36 | $2.8M | 4,863,793 | 8 Oct 2026 |
| 6 Oct 2026 | Ullal JayshreeCEO and Chairperson | Sale under a trading plan | 51,805 | $212.27 | $11.0M | 4,811,988 | 8 Oct 2026 |
| 6 Oct 2026 | Ullal JayshreeCEO and Chairperson | Sale under a trading plan | 781 | $213.06 | $166.4K | 4,811,207 | 8 Oct 2026 |
| 6 Oct 2026 | Ullal JayshreeCEO and Chairperson | Sale under a trading plan | 65,897 | $211.36 | $13.9M | 15,877,957 | 8 Oct 2026 |
| 6 Oct 2026 | Ullal JayshreeCEO and Chairperson | Sale under a trading plan | 259,045 | $212.27 | $55.0M | 15,618,912 | 8 Oct 2026 |
| 6 Oct 2026 | Ullal JayshreeCEO and Chairperson | Sale under a trading plan | 3,902 | $213.06 | $831.4K | 15,615,010 | 8 Oct 2026 |
| 6 Oct 2026 | Breithaupt Chantelle YvetteSenior Vice President, CFO | Sale under a trading plan | 1,224 | $215.00 | $263.2K | 68,697 | 8 Oct 2026 |
| 1 Oct 2026 | Templeton Mark BDirector | Sale under a trading plan | 700 | $201.62 | $141.1K | 52,710 | 5 Oct 2026 |
| 1 Oct 2026 | Templeton Mark BDirector | Sale under a trading plan | 500 | $202.90 | $101.4K | 52,210 | 5 Oct 2026 |
| 1 Oct 2026 | Templeton Mark BDirector | Sale under a trading plan | 1,800 | $204.44 | $368.0K | 50,410 | 5 Oct 2026 |
| 1 Oct 2026 | Templeton Mark BDirector | Sale under a trading plan | 1,800 | $205.58 | $370.0K | 48,610 | 5 Oct 2026 |
| 1 Oct 2026 | Templeton Mark BDirector | Sale under a trading plan | 200 | $206.03 | $41.2K | 48,410 | 5 Oct 2026 |
| 25 Sep 2026 | Ullal JayshreeCEO and Chairperson | Sale under a trading plan | 8,948 | $211.40 | $1.9M | 4,876,972 | 29 Sep 2026 |
| 25 Sep 2026 | Ullal JayshreeCEO and Chairperson | Sale under a trading plan | 44,726 | $211.40 | $9.5M | 15,943,854 | 29 Sep 2026 |
| 21 Sep 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 1,480 | $201.70 | $298.5K | 28,829 | 23 Sep 2026 |
| 21 Sep 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 7,420 | $202.66 | $1.5M | 21,409 | 23 Sep 2026 |
| 21 Sep 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 2,700 | $203.49 | $549.4K | 18,709 | 23 Sep 2026 |
| 21 Sep 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 3,533 | $204.78 | $723.5K | 15,176 | 23 Sep 2026 |
| 21 Sep 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 2,200 | $205.50 | $452.1K | 12,976 | 23 Sep 2026 |
| 21 Sep 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 1,366 | $201.70 | $275.5K | 1,185,552 | 23 Sep 2026 |
| 21 Sep 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 6,849 | $202.66 | $1.4M | 1,178,703 | 23 Sep 2026 |
| 21 Sep 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 2,492 | $203.49 | $507.1K | 1,176,211 | 23 Sep 2026 |
| 21 Sep 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 3,262 | $204.78 | $668.0K | 1,172,949 | 23 Sep 2026 |
| 21 Sep 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 2,031 | $205.50 | $417.4K | 1,170,918 | 23 Sep 2026 |
| 21 Sep 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 854 | $201.70 | $172.3K | 451,546 | 23 Sep 2026 |
| 21 Sep 2026 | Duda KennethPresident and CTO | Sale under a trading plan | 4,281 | $202.66 | $867.6K | 447,265 | 23 Sep 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| 20 Oct 2026 | Kenneth DudaOfficer | 24,000 | $4.4M | 20 Oct 2026 |
| 20 Oct 2026 | Kenneth DudaOfficer | 24,000 | $4.4M | 20 Oct 2026 |
| 20 Oct 2026 | Kenneth DudaOfficer | 30,000 | $5.5M | 20 Oct 2026 |
| 20 Oct 2026 | Kenneth DudaOfficer | 51,999 | $9.5M | 20 Oct 2026 |
| 9 Oct 2026 | Ullal JayshreeOfficer, Director | 130,553 | $28.3M | 9 Oct 2026 |
| 8 Oct 2026 | Ullal JayshreeOfficer, Director | 27,990 | $203.7K | 8 Oct 2026 |
| 7 Oct 2026 | Ullal JayshreeOfficer, Director | 96,992 | $21.1M | 7 Oct 2026 |
| 6 Oct 2026 | CHANTELLE BREITHAUPTOfficer | 1,224 | $253.2K | 6 Oct 2026 |
| 6 Oct 2026 | Ullal JayshreeOfficer, Director | 460,374 | $97.6M | 6 Oct 2026 |
| 25 Sep 2026 | Ullal JayshreeOfficer, Director | 62,622 | $13.2M | 25 Sep 2026 |
| 17 Sep 2026 | Andreas Bechtolsheim10% Stockholder | 300,000 | $59.9M | 17 Sep 2026 |
| 8 Sep 2026 | MARK TEMPLETONDirector | 20,000 | $3.9M | 8 Sep 2026 |
| 1 Sep 2026 | CHANTELLE BREITHAUPTOfficer | 612 | $119.8K | 1 Sep 2026 |
| 27 Aug 2026 | Andreas Bechtolsheim10% Stockholder | 300,000 | $60.3M | 27 Aug 2026 |
| 25 Aug 2026 | Ullal JayshreeOfficer, Director | 13,809 | $2.6M | 25 Aug 2026 |
| 21 Aug 2026 | Kelly BattlesDirector | 422 | $61.8K | 21 Aug 2026 |
| 12 Aug 2026 | Ullal JayshreeOfficer, Director | 573,509 | $119.4M | 5 Aug 2026 |
| 6 Aug 2026 | Andreas Bechtolsheim10% Stockholder | 411,848 | $79.2M | 6 Aug 2026 |
| 5 Aug 2026 | Andreas Bechtolsheim10% Stockholder | 300,000 | $59.2M | 5 Aug 2026 |
| 5 Aug 2026 | Ullal JayshreeOfficer, Director | 1,099,495 | $221.2M | 5 Aug 2026 |
| 3 Aug 2026 | Charles GiancarloDirector | 8,000 | $1.4M | 3 Aug 2026 |
| 14 Jul 2026 | Andreas Bechtolsheim10% Stockholder | 300,000 | $54.8M | 14 Jul 2026 |
| 10 Jul 2026 | Ullal JayshreeOfficer, Director | 234,578 | $43.9M | 10 Jul 2026 |
| 9 Jul 2026 | Ullal JayshreeOfficer, Director | 242,422 | $45.6M | 9 Jul 2026 |
| 2 Jul 2026 | Andreas Bechtolsheim10% Stockholder | 240,000 | $38.4M | 2 Jul 2026 |
| 1 Jul 2026 | Andreas Bechtolsheim10% Stockholder | 260,000 | $43.3M | 1 Jul 2026 |
| 22 Jun 2026 | Kenneth DudaOfficer | 32,000 | $5.6M | 22 Jun 2026 |
| 22 Jun 2026 | Kenneth DudaOfficer | 32,000 | $5.6M | 22 Jun 2026 |
| 22 Jun 2026 | Kenneth DudaOfficer | 40,000 | $7.0M | 22 Jun 2026 |
| 22 Jun 2026 | Kenneth DudaOfficer | 69,332 | $12.1M | 22 Jun 2026 |
| 15 Jun 2026 | Andreas Bechtolsheim10% Stockholder | 260,000 | $44.0M | 15 Jun 2026 |
| 5 Jun 2026 | Andreas Bechtolsheim10% Stockholder | 220,000 | $33.9M | 5 Jun 2026 |
| 4 Jun 2026 | Andreas Bechtolsheim10% Stockholder | 240,000 | $39.8M | 4 Jun 2026 |
| 26 May 2026 | CHANTELLE BREITHAUPTOfficer | 2,448 | $377.1K | 26 May 2026 |
| 26 May 2026 | Ullal JayshreeOfficer, Director | 13,809 | $2.1M | 26 May 2026 |
| 26 May 2026 | Andreas Bechtolsheim10% Stockholder | 220,000 | $34.8M | 26 May 2026 |
| 22 May 2026 | Andreas Bechtolsheim10% Stockholder | 205,000 | $31.6M | 22 May 2026 |
| 20 May 2026 | Yvonne WassenaarDirector | 971 | $136.8K | 20 May 2026 |
| 1 May 2026 | Charles GiancarloDirector | 24,000 | $4.1M | 1 May 2026 |
| 22 Apr 2026 | Ullal JayshreeOfficer, Director | 428,000 | $75.9M | 22 Apr 2026 |
| 21 Apr 2026 | Ullal JayshreeOfficer, Director | 93,861 | $15.8M | 21 Apr 2026 |
| 20 Apr 2026 | Ullal JayshreeOfficer, Director | 306,139 | $51.2M | 20 Apr 2026 |
| 16 Apr 2026 | Ullal JayshreeOfficer, Director | 350,000 | $55.8M | 16 Apr 2026 |
| 14 Apr 2026 | CHANTELLE BREITHAUPTOfficer | 8,890 | $1.4M | 14 Apr 2026 |
| 13 Apr 2026 | Ullal JayshreeOfficer, Director | 112,812 | $16.9M | 13 Apr 2026 |
| 17 Mar 2026 | Kenneth DudaOfficer | 24,000 | $3.2M | 17 Mar 2026 |
| 17 Mar 2026 | Kenneth DudaOfficer | 24,000 | $3.2M | 17 Mar 2026 |
| 17 Mar 2026 | Kenneth DudaOfficer | 30,000 | $4.1M | 17 Mar 2026 |
| 17 Mar 2026 | Kenneth DudaOfficer | 96,000 | $13.0M | 17 Mar 2026 |
| 25 Feb 2026 | Yvonne WassenaarDirector | 4,605 | $611.5K | 25 Feb 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| 29 Apr 2026 | Vanguard Capital Management | 13G | 6.25% | 78.6M |
| 26 Mar 2026 | The Vanguard Group | 13G amended | 0% | 0 |
Trades by members of the House
From each member's periodic transaction report: the amount is the band the report gives.
| 10 Jul 2026 | Dan NewhouseWA04 | Purchase | $1,001 - $15,000 | SP | 17 Jul 2026 |
| 25 Mar 2026 | Gilbert CisnerosCA31 | Sale (partial) | $1,001 - $15,000 | Self | 7 Apr 2026 |
| 30 Jan 2026 | Gilbert CisnerosCA31 | Purchase | $1,001 - $15,000 | Self | 13 Feb 2026 |
| 24 Dec 2025 | Gilbert CisnerosCA31 | Sale (partial) | $1,001 - $15,000 | Self | 12 Jan 2026 |
| 18 Nov 2025 | Gilbert CisnerosCA31 | Purchase | $1,001 - $15,000 | Self | 15 Dec 2025 |
| 14 Oct 2025 | Lisa McClainMI09 | Sale | $1,001 - $15,000 | SP | 21 Nov 2025 |
| 17 Oct 2025 | Gilbert CisnerosCA31 | Purchase | $1,001 - $15,000 | Self | 18 Nov 2025 |
| 23 Sep 2025 | Valerie HoyleOR04 | Sale | $1,001 - $15,000 | SP | 10 Oct 2025 |
| 29 Oct 2024 | Valerie HoyleOR04 | Purchase | $1,001 - $15,000 | SP | 12 Sep 2025 |
| 4 Dec 2024 | Valerie HoyleOR04 | Purchase | $1,001 - $15,000 | SP | 12 Sep 2025 |
| 29 Apr 2025 | Valerie HoyleOR04 | Sale | $1,001 - $15,000 | SP | 12 Sep 2025 |
| 14 Jul 2025 | Valerie HoyleOR04 | Purchase | $1,001 - $15,000 | SP | 12 Sep 2025 |
| 13 Aug 2025 | Lisa McClainMI09 | Purchase | $1,001 - $15,000 | SP | 12 Sep 2025 |
| 11 Dec 2024 | Lisa McClainMI09 | Purchase | $1,001 - $15,000 | SP | 13 Aug 2025 |
| 20 Mar 2025 | Lisa McClainMI09 | Sale | $1,001 - $15,000 | SP | 13 Aug 2025 |
| 3 Jul 2025 | James ComerKY01 | Sale (partial) | $1,001 - $15,000 | Self | 11 Aug 2025 |
| 29 May 2025 | Rob BresnahanPA08 | Sale | $1,001 - $15,000 | Self | 23 Jun 2025 |
| 12 May 2025 | Jefferson ShreveIN06 | Sale | $50,001 - $100,000 | Self | 22 Jun 2025 |
| 1 Apr 2025 | Julie JohnsonTX32 | Sale | $1,001 - $15,000 | JT | 14 May 2025 |
| 7 Apr 2025 | Jefferson ShreveIN06 | Purchase | $15,001 - $50,000 | Self | 8 May 2025 |
| 8 Apr 2025 | Rob BresnahanPA08 | Sale | $1,001 - $15,000 | Self | 28 Apr 2025 |
| 20 Mar 2025 | Byron DonaldsFL19 | Purchase | $1,001 - $15,000 | Self | 14 Apr 2025 |
| 5 Mar 2025 | Jefferson ShreveIN06 | Sale | $15,001 - $50,000 | Self | 11 Apr 2025 |
| 27 Mar 2025 | Greg LandsmanOH01 | Sale | $1,001 - $15,000 | SP | 8 Apr 2025 |
| 12 Feb 2025 | Julie JohnsonTX32 | Purchase | $1,001 - $15,000 | JT | 12 Mar 2025 |
| 13 Feb 2025 | Rob BresnahanPA08 | Sale | $1,001 - $15,000 | Self | 7 Mar 2025 |
| 13 Jan 2025 | Rob BresnahanPA08 | Sale | $1,001 - $15,000 | JT | 13 Feb 2025 |
| 31 Jan 2025 | Josh GottheimerNJ05 | Sale (partial) | $1,001 - $15,000 | JT | 10 Feb 2025 |
| 28 Jan 2025 | Josh GottheimerNJ05 | Sale (partial) | $1,001 - $15,000 | JT | 10 Feb 2025 |
| 2 Jan 2025 | James ComerKY01 | Purchase | $1,001 - $15,000 | Self | 10 Jan 2025 |
| 14 Aug 2024 | Greg LandsmanOH01 | Purchase | $1,001 - $15,000 | SP | 23 Sep 2024 |
| 21 Aug 2024 | Greg LandsmanOH01 | Purchase | $15,001 - $50,000 | JT | 23 Sep 2024 |
| 29 Jul 2024 | Josh GottheimerNJ05 | Sale (partial) | $1,001 - $15,000 | JT | 15 Aug 2024 |
| 1 Nov 2023 | Josh GottheimerNJ05 | Purchase | $1,001 - $15,000 | JT | 8 Dec 2023 |
| 1 Nov 2023 | Michael Patrick GuestMS03 | Purchase | $1,001 - $15,000 | SP | 20 Nov 2023 |
| 16 Oct 2023 | Josh GottheimerNJ05 | Purchase | $1,001 - $15,000 | JT | 11 Nov 2023 |
| 12 Jul 2023 | Daniel GoldmanNY10 | Sale | $1,001 - $15,000 | Self | 13 Aug 2023 |
| 10 Apr 2023 | Daniel GoldmanNY10 | Purchase | $1,001 - $15,000 | Self | 19 May 2023 |
| 31 Jan 2023 | Daniel GoldmanNY10 | Purchase | $1,001 - $15,000 | Self | 24 Feb 2023 |
| 7 Aug 2020 | Josh GottheimerNJ05 | Sale | $1,001 - $15,000 | JT | 20 Sep 2020 |
| 10 Aug 2020 | Dean PhillipsMN03 | Purchase | $1,001 - $15,000 | Self | 11 Sep 2020 |
Short interest
Shares sold short and not yet bought back, on every FINRA settlement date.
| 30 Sep 2026 | 11.9M | -9.9% | 2.31 |
| 15 Sep 2026 | 13.2M | -8.72% | 3.04 |
| 31 Aug 2026 | 14.5M | +12.71% | 2.54 |
| 14 Aug 2026 | 12.9M | +0.46% | 1.4 |
| 31 Jul 2026 | 12.8M | -35.56% | 1.94 |
| 15 Jul 2026 | 19.9M | -8.06% | 2.24 |
| 30 Jun 2026 | 21.6M | +7.09% | 2.46 |
| 15 Jun 2026 | 20.2M | -5.03% | 2.6 |
| 29 May 2026 | 21.3M | +1.83% | 2.11 |
| 15 May 2026 | 20.9M | +13.63% | 1.3 |
Funds that hold it
Every fund's holding from its latest Form 13F, largest first, with what it added or trimmed in the quarter.
Funds holding
2,380
quarter to 30 Jun 2026
Added or new
1,250
since 31 Mar 2026
Trimmed
718
in the quarter
Largest holder
BlackRock, Inc.
$15.5B
| BlackRock, Inc. | $15.5B | 91.4M | -523.8K | Trimmed | 0.23% | Filing ↗ |
| Vanguard Capital Management LLC | $11.7B | 68.7M | +418.1K | Added | 0.25% | Filing ↗ |
| State Street Corp. | $8.2B | 48.2M | +1.4M | Added | 0.24% | Filing ↗ |
| FMR LLC | $8.0B | 47.3M | -5.0M | Trimmed | 0.35% | Filing ↗ |
| Geode Capital Management, LLC | $4.7B | 27.5M | +276.5K | Added | 0.25% | Filing ↗ |
| Vanguard Portfolio Management LLC | $4.4B | 25.8M | -30.9K | Trimmed | 0.20% | Filing ↗ |
| Price T Rowe Associates Inc. | $3.9B | 23.2M | -6.1M | Trimmed | 0.40% | Filing ↗ |
| Morgan Stanley | $3.3B | 19.7M | +1.2M | Added | 0.18% | Filing ↗ |
| Cresset Asset Management, LLC | $3.3B | 19.4M | -1.3M | Trimmed | 11.98% | Filing ↗ |
| Capital Research Global Investors | $2.2B | 13.2M | -1.6M | Trimmed | 0.31% | Filing ↗ |
| Ameriprise Financial Inc. | $2.2B | 12.8M | +2.8M | Added | 0.44% | Filing ↗ |
| Norges Bank | $2.1B | 12.2M | – | Held | 0.21% | Filing ↗ |
| JPMorgan Chase & Co. | $1.9B | 11.7M | +1.2M | Added | 0.11% | Filing ↗ |
| Nuveen, LLC | $1.8B | 10.7M | -1.9M | Trimmed | 0.44% | Filing ↗ |
| UBS AM, a distinct business unit of UBS Asset Management Americas LLC | $1.8B | 10.5M | -158.7K | Trimmed | 0.32% | Filing ↗ |
| Northern Trust Corp. | $1.7B | 10.1M | -4.1K | Held | 0.20% | Filing ↗ |
| Massachusetts Financial Services Co. | $1.7B | 9.7M | +2.5M | Added | 0.54% | Filing ↗ |
| Franklin Resources Inc. | $1.7B | 9.9M | +1.9M | Added | 0.37% | Filing ↗ |
| Goldman Sachs Group Inc. | $1.6B | 9.6M | -491.2K | Trimmed | 0.17% | Filing ↗ |
| Schroder Investment Management Group | $1.6B | 9.6M | -134.9K | Trimmed | 1.16% | Filing ↗ |
| Deutsche Bank AG | $1.6B | 9.4M | +388.4K | Added | 0.46% | Filing ↗ |
| Wellington Management Group LLP | $1.4B | 8.4M | +470.5K | Added | 0.25% | Filing ↗ |
| Charles Schwab Investment Management Inc. | $1.4B | 8.2M | +587.0K | Added | 0.19% | Filing ↗ |
| Arrowstreet Capital, Limited Partnership | $1.3B | 7.6M | -843.1K | Trimmed | 0.57% | Filing ↗ |
| Amundi | $1.2B | 7.3M | -1.8M | Trimmed | 0.30% | Filing ↗ |
| Legal & General Group Plc | $1.2B | 7.1M | -414.1K | Trimmed | 0.25% | Filing ↗ |
| Bank of America Corp. | $1.1B | 6.5M | +538.2K | Added | 0.07% | Filing ↗ |
| Jupiter Topco LLC | $1.1B | 6.5M | – | first | 0.45% | Filing ↗ |
| Swedbank AB | $1.1B | 6.3M | -133.7K | Trimmed | 0.93% | Filing ↗ |
| UBS Group AG | $1.1B | 6.3M | +684.2K | Added | 0.17% | Filing ↗ |
| Clearbridge Investments, LLC | $1.0B | 6.0M | +1.6M | Added | 0.84% | Filing ↗ |
| Vanguard Fiduciary Trust Co. | $1.0B | 6.0M | -19.6K | Trimmed | 0.22% | Filing ↗ |
| AQR Capital Management LLC | $1.0B | 5.9M | -2.0M | Trimmed | 0.35% | Filing ↗ |
| State Farm Mutual Automobile Insurance Co. | $954.6M | 5.6M | 0 | Held | 0.65% | Filing ↗ |
| Bank of New York Mellon Corp | $911.2M | 5.4M | -71.5K | Trimmed | 0.15% | Filing ↗ |
| Point72 Asset Management, L.P. | $873.1M | 5.1M | -1.4M | Trimmed | 1.39% | Filing ↗ |
| T. Rowe Price Investment Management, Inc. | $870.0M | 5.1M | +2.7M | Added | 0.57% | Filing ↗ |
| Royal Bank of Canada | $850.3M | 5.0M | +284.9K | Added | 0.14% | Filing ↗ |
| Wells Fargo & Company | $815.3M | 4.8M | +240.4K | Added | 0.14% | Filing ↗ |
| Invesco Ltd. | $802.5M | 4.7M | -2.3M | Trimmed | 0.06% | Filing ↗ |
| Pictet Asset Management Holding SA | $791.1M | 4.7M | +417.9K | Added | 0.76% | Filing ↗ |
| First Trust Advisors LP | $780.0M | 4.6M | +263.5K | Added | 0.46% | Filing ↗ |
| Assenagon Asset Management S.A. | $703.9M | 4.1M | – | Held | 0.46% | Filing ↗ |
| Capital World Investors | $629.8M | 3.7M | +3.7M | New | 0.07% | Filing ↗ |
| Robeco Institutional Asset Management B.V. | $621.0M | 3.7M | -255.0K | Trimmed | 0.76% | Filing ↗ |
| Winslow Capital Management, LLC | $592.0M | 3.5M | +1.4M | Added | 2.04% | Filing ↗ |
| BNP Paribas Asset Management Holding S.A. | $581.8M | 3.4M | +277.2K | Added | 0.59% | Filing ↗ |
| Nordea Investment Management AB | $580.7M | 3.4M | -619.9K | Trimmed | 0.47% | Filing ↗ |
| Envestnet Asset Management Inc. | $557.4M | 3.3M | +60.3K | Added | 0.13% | Filing ↗ |
| Alyeska Investment Group, L.P. | $537.7M | 3.2M | +3.2M | New | 1.38% | Filing ↗ |
Executive pay and performance
What the chief executive and the other named officers were paid, as reported and as actually paid, next to the shareholder return and net income, from each proxy's pay-versus-performance table.
| Fiscal year | CEO pay, as reported | CEO pay, actually paid | Other officers, as reported (average) | Other officers, actually paid (average) | Shareholder return, $100 | Peer return, $100 | Net income | Revenue | Proxy |
|---|---|---|---|---|---|---|---|---|---|
| FY ending 31 Dec 2025 | $2.9M | $26.2M | $17.1M | $25.2M | $721 | $163 | $3.51Bn | $9.01B | DEF 14A 16 Apr 2026 |
| FY ending 31 Dec 2024 | $8.9M | $62.2M | $10.9M | $27.0M | $608 | $141 | $2.85Bn | $7.00B | DEF 14A 16 Apr 2026 |
| FY ending 31 Dec 2023 | $15.6M | $63.9M | $4.9M | $20.5M | $324 | $124 | $2.09Bn | $5.86B | DEF 14A 16 Apr 2026 |
| FY ending 31 Dec 2022 | $10.7M | $3.2M | $3.3M | $-0.8M | $167 | $109 | $1.35Bn | $4.38B | DEF 14A 16 Apr 2026 |
| FY ending 31 Dec 2021 | $16.0M | $65.3M | $4.2M | $25.1M | $198 | $121 | $841.0Mn | $2.95B | DEF 14A 16 Apr 2026 |
| FY ending 31 Dec 2020 | $6.3M | $8.7M | $3.7M | $11.4M | $143 | $107 | $635.0Mn | $2.32B | DEF 14A 16 Apr 2025 |
Each year from the newest proxy that reports it. Pay actually paid follows the SEC's definition and can be below zero when share awards fall in value. n the proxy's net income differs from the 10-K or was tagged without its scale: hover for which.
Shareholder votes
The vote count on every proposal at each meeting, from the company's 8-K.
| Proposal | For | Against or withheld | Abstain | Broker non-votes | For, % of for and against | Result |
|---|---|---|---|---|---|---|
| 1. Election of Director | ||||||
| Lewis Chew | 810,796,786 | 225,130,281 | – | 99,356,888 | 78.3% | – |
| Greg Lavender | 819,814,267 | 216,112,800 | – | 99,356,888 | 79.1% | – |
| Mark B. Templeton | 655,362,300 | 380,564,767 | – | 99,356,888 | 63.3% | – |
| 2. Advisory Vote on Named Executive Officer Compensation | ||||||
| All shares voting | 624,907,669 | 410,157,079 | 862,319 | 99,356,888 | 60.4% | – |
| 3. Ratification of Appointment of Independent Registered Public Accounting Firm | ||||||
| All shares voting | 1,103,492,066 | 31,447,422 | 344,467 | – | 97.2% | – |
Counts as the company reports them in its 8-K. A result shows when the filing states one. Meetings since 2023.
Dividends and buybacks
Dividend per share, the cash paid and the shares bought back, each fiscal year.
This company has paid no dividend in the years held.
Peers
Companies in the same industry, largest first, on the same measures.
| Company | Market value | Revenue, 12 months | Revenue growth | Operating margin | Net margin | ROE | P/E | EV/EBITDA |
|---|---|---|---|---|---|---|---|---|
| Arista Networks, Inc.this company | $217.3B | $10.5B | 32.6% | 43.1% | 38.4% | 27.3% | 54.4× | 46.3× |
| Cisco Systems, Inc. | $420.2B | $63.3B | 11.8% | 24.3% | 21.0% | 26.4% | 31.9× | – |
| F5, Inc. | $25.9B | $3.3B | 9.4% | 24.5% | 22.0% | 18.8% | 36.3× | 26.7× |
| Extreme Networks Inc. | $2.9B | $1.3B | 12.6% | 4.9% | 3.3% | 47.5% | 68.6× | 35.3× |
| Digi International Inc. | $2.8B | $506.2M | 20.3% | 13.9% | 9.6% | 7.1% | 59.4× | – |
| A10 Networks, Inc. | $1.8B | $310.2M | 12.2% | 16.1% | 13.9% | 18.1% | 42.4× | 29.9× |
What the company does
Arista sells high-speed Ethernet switching and routing equipment, and the software that runs it, to operators of very large networks. The company calls its approach Centers of Data: treating the network as a service that joins four domains, AI centres, data centres, campus centres and wide area network centres, rather than as separate silos. Everything is anchored on two pieces of its own software, the Extensible Operating System and Network Data Lake, with CloudVision as the single management layer. Customers fall into three groups: Cloud and AI Titans, AI and Specialty Providers, and Enterprise.
What the platform is
One operating system, one data lake and one management product, which the company says keeps features consistent across the whole product range and lets a customer run the network with streaming real-time telemetry, in-service software upgrades and AI-assisted operations. The filing puts its differences as reliability backed by quality assurance and automated diagnostics, open and standards-based technology that avoids vendor lock-in, and telemetry and automation that cut the operator's manual work. A Technical Assistance Center provides support around the clock.
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