Stock Analysis on Net

Arista Networks Inc. (NYSE:ANET)

$24.99

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Arista Networks Inc., consolidated balance sheet: assets (quarterly data)

US$ in thousands

Microsoft Excel
Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Cash and cash equivalents
Marketable securities
Accounts receivable, net
Inventories
Prepaid expenses and other current assets
Current assets
Property and equipment, net
Goodwill
Deferred tax assets
Other assets
Long-term assets
Total assets

Based on: 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).


Total assets exhibit a trajectory of aggressive expansion, increasing from approximately 4.89 billion US dollars in March 2021 to 21.66 billion US dollars by March 2026. This growth is primarily driven by a substantial increase in current assets, which maintain a dominant proportion of the overall balance sheet structure throughout the analyzed period.

Liquidity and Cash Management
A significant accumulation of liquid assets is observed. Marketable securities demonstrate the most consistent growth, rising from 2.18 billion US dollars in March 2021 to 9.56 billion US dollars by March 2026. Cash and cash equivalents show more volatility but trend upward overall, peaking in September 2024 at 3.18 billion US dollars before stabilizing near 2.79 billion US dollars by the end of the period. The combined growth of these two items indicates a strong liquidity position and a strategic shift toward capital preservation and short-term investment.
Operating Current Assets
Accounts receivable and inventories both reflect a scaling of business operations. Net accounts receivable grew from 380 million US dollars to 1.92 billion US dollars, suggesting an increase in sales volume and credit extension to customers. Inventories followed a similar upward path, increasing from 483 million US dollars to 2.38 billion US dollars, which may indicate strategic stockpiling or an expansion of the product pipeline to meet growing demand.
Non-Current Asset Trends
Long-term assets grew from 891 million US dollars in March 2021 to 3.10 billion US dollars in March 2026. While property and equipment remained a small fraction of total assets, it saw a relative increase from 32 million US dollars to 250 million US dollars. A notable jump in goodwill occurred between December 2024 and March 2025, where values rose from 268 million US dollars to 416 million US dollars, implying acquisition activity during that interval. Additionally, deferred tax assets showed a steady climb, reaching 1.89 billion US dollars by the final period.
Asset Composition Analysis
The balance sheet is characterized by an increasing reliance on current assets, which rose from 4.00 billion US dollars to 18.56 billion US dollars. This composition suggests a highly liquid operating model with minimal capital intensity in physical infrastructure relative to the total asset base. The rapid growth in prepaid expenses and other current assets, which rose from 112 million US dollars to 1.90 billion US dollars, further contributes to the expansion of the current asset base.

Assets: Selected Items


Current Assets: Selected Items