Shares Outstanding for Arista Networks (ANET)
According to Arista Networks's latest reported financial statements, the company's latest reported diluted shares outstanding is 1.28B. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

ANET
Currently viewingShares OutstandingSwitch metric
Latest period
1.28B
YoY change
-0.4%
5Y CAGR
+0.1%
Peak year (2012)
1.29B
Latest annual
1.28B
Shares Outstanding history chart for Arista Networks (ANET) from 2011 to 2025
Shares Outstanding history table for Arista Networks (ANET) from 2011 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 1.28B | -0.4% | ||
| 2024 | 1.28B | +1.0% | ||
| 2023 | 1.27B | +0.2% | ||
| 2022 | 1.27B | -0.9% | ||
| 2021 | 1.28B | +0.4% | ||
| 2020 | 1.27B | -1.7% | ||
| 2019 | 1.29B | +0.0% | ||
| 2018 | 1.29B | +2.4% | ||
| 2017 | 1.26B | +7.9% | ||
| 2016 | 1.17B | +2.5% | ||
| 2015 | 1.14B | +30.8% | ||
| 2014 | 873.44M | -32.5% | ||
| 2013 | 1.29B | 0.0% | ||
| 2012 | 1.29B | +49.6% | ||
| 2011 | 864.82M | — |
Shares Outstanding values are taken from Arista Networks's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Arista Networks (ANET) reported diluted shares outstanding of 1.28B – edged down 0.4% year-over-year.
Arista Networks diluted shares outstanding has recorded the values shown across consecutive periods, with a +0.1% compound annual growth rate over 2020–2025 (5 years).
Arista Networks diluted shares outstanding peaked at 1.29B in 2012; the latest annual figure is 1.28B in 2025 (1.4% below peak).
The highest annual diluted shares outstanding of 1.29B was reported in 2012. The lowest in the available history was 864.82M in 2011.
Within Technology, Arista Networks (ANET) ranks 7th among 8 peers we track. The peer median for diluted shares outstanding is 5.02B.
Arista Networks Shares Outstanding by Year
Arista Networks Shares Outstanding 2025: 1.28B
Arista Networks diluted shares outstanding in 2025 was 1.28B, edged down 0.4% below 2024.
Arista Networks Shares Outstanding 2024: 1.28B
Arista Networks diluted shares outstanding in 2024 was 1.28B, edged up 1.0% from 2023.
Arista Networks Shares Outstanding 2023: 1.27B
Arista Networks diluted shares outstanding in 2023 was 1.27B, edged up 0.2% from 2022.
Arista Networks Shares Outstanding 2022: 1.27B
Arista Networks diluted shares outstanding in 2022 was 1.27B, edged down 0.9% below 2021.
Arista Networks Shares Outstanding 2021: 1.28B
Arista Networks diluted shares outstanding in 2021 was 1.28B.
See more financial history for Arista Networks (ANET).
Sector peers — Shares Outstanding
Companies in the same sector as Arista Networks, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| NVIDIA Corporation (NVDA) | 24.43B | Technology |
| Apple Inc. (AAPL) | 15.00B | Technology |
| Microsoft Corporation (MSFT) | 7.46B | Technology |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | 5.19B | Technology |
| Broadcom Inc. (AVGO) | 4.85B | Technology |
| Advanced Micro Devices, Inc. (AMD) | 1.64B | Technology |
| Micron Technology, Inc. (MU) | 1.13B | Technology |
| ASML Holding N.V. (ASML) | 388.90M | Technology |
Frequently asked questions
What is Arista Networks's diluted shares outstanding?
- Latest reported diluted shares outstanding for Arista Networks (ANET) is 1.28B (period ending December 31, 2025).
How has Arista Networks diluted shares outstanding changed year-over-year?
- Arista Networks (ANET) diluted shares outstanding changed -0.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Arista Networks diluted shares outstanding?
- Arista Networks (ANET) diluted shares outstanding compound annual growth rate is +0.1% over the most recent 5 years available.
When did Arista Networks diluted shares outstanding hit its highest annual value?
- Arista Networks diluted shares outstanding reached its highest annual value of 1.29B in 2012.
What was Arista Networks diluted shares outstanding in 2024?
- Arista Networks (ANET) diluted shares outstanding in 2024 was 1.28B.
What was Arista Networks diluted shares outstanding in 2025?
- Arista Networks (ANET) diluted shares outstanding in 2025 was 1.28B.
Metrics overview
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