ANET · 8-K · 20260804PR000174
Liquidity and Cash Position
Arista Networks, Inc. · 2026-08-04 · Importance 52 · Surprise 30 · Contradicted
Cash and cash equivalents increased to $2.290 billion at June 30, 2026, from $1.964 billion at December 31, 2025. Marketable securities increased to $11.053 billion from $8.779 billion, producing cash and marketable securities of approximately $13.343 billion at quarter-end. Total current assets increased to $20.163 billion from $16.387 billion, while total liabilities were $8.922 billion and no debt balance was reported in the condensed balance sheet.
Key facts
- Deferred revenue (current) as of June 30, 2026: $5,100.7 million. source
- Deferred revenue non-current as of June 30, 2026: $1,765.2 million. source
- Cash and cash equivalents as of June 30, 2026: $2,290.2 million. source
- Marketable securities as of June 30, 2026: $11,053.1 million. source
- Total current assets as of June 30, 2026: $20,163.4 million. source
- Total assets as of June 30, 2026: $23,720.1 million. source
- Total liabilities as of June 30, 2026: $8,922.4 million. source
- Total stockholders’ equity as of June 30, 2026: $14,797.7 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | +85.0% | Total current assets as of June 30, 2026: $20,163.4 million. |
| assets | positive | realized | +46.6% | Marketable securities as of June 30, 2026: $11,053.1 million. |
| liability | positive | realized | +37.6% | Total liabilities as of June 30, 2026: $8,922.4 million. |
| assets | positive | realized | +10.7% | Inventories as of June 30, 2026: $2,535.3 million. |
| cash | negative | realized | -10.3% | Net cash used in investing activities for the six months ended June 30, 2026: $(2,445.1) million. |
| cash | positive | realized | +9.7% | Cash, cash equivalents and restricted cash at end of period June 30, 2026: $2,291.6 million. |
| assets | positive | realized | +9.6% | Accounts receivable as of June 30, 2026: $2,266.2 million. |
| cash | positive | realized | +1.4% | Net increase in cash, cash equivalents and restricted cash for the six months ended June 30, 2026: $326.3 million. |
| liability | negative | realized | — | Deferred revenue (current) as of June 30, 2026: $5,100.7 million. |
| liability | negative | realized | — | Deferred revenue non-current as of June 30, 2026: $1,765.2 million. |
| assets | positive | realized | — | Total assets as of June 30, 2026: $23,720.1 million. |