$ANET Balance Sheet | Understand Stock

Understand Stock

$ANET

$165.45 -$8.92 (5.12%)

Deep Research with AI Research

Overview

$ANET Overview Financials SEC Filings Executives News

Specialized Tools

Valuations P Insider Transactions P Congressional Trades P

Financial Statements

Income Statement Balance Sheet Cashflow Statement

Balance Sheet

Concept	2026 Q1	2025 Q4	2025 Q3	2025 Q2	2025 Q1	2024 Q4	2024 Q3	2024 Q2	2024 Q1	2023 Q4	2023 Q3	2023 Q2	2023 Q1	2022 Q4	2022 Q3	2022 Q2	2022 Q1	2021 Q4	2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.790B 51.18% YoY	$1.964B -76.35% YoY	$2.327B -68.68% YoY	$2.226B -64.53% YoY	$1.845B -66.14% YoY	$8.303B 65.81% YoY	$7.428B 66.72% YoY	$6.274B 67.7% YoY	$5.450B 63.6% YoY	$5.008B 65.62% YoY	$4.456B 49.51% YoY	$3.741B 28.92% YoY	$3.331B -2.71% YoY	$3.024B -11.28% YoY	$2.980B -12.0% YoY	$2.902B -11.57% YoY	$3.424B 13.09% YoY	$3.408B 18.64% YoY	$3.386B 19.0% YoY
Cash & Equivalents	$2.790B 51.18% YoY	$1.964B -28.9% YoY	$2.327B -26.72% YoY	$2.226B -8.38% YoY	$1.845B -11.81% YoY	$2.762B 42.49% YoY	$3.175B 81.56% YoY	$2.429B 92.5% YoY	$2.092B 118.76% YoY	$1.939B 188.61% YoY	$1.749B 144.16% YoY	$1.262B 155.82% YoY	$956.3M 50.6% YoY	$671.7M 8.2% YoY	$716.3M 13.51% YoY	$493.2M -44.81% YoY	$635.0M -24.7% YoY	$620.8M -30.5% YoY	$631.0M -34.97% YoY
Short-Term Investments	$9.564B 51.7% YoY	$8.779B 58.44% YoY	$7.780B 82.91% YoY	$6.619B 72.15% YoY	$6.305B 87.77% YoY	$5.541B 80.53% YoY	$4.253B 57.13% YoY	$3.845B 55.08% YoY	$3.358B 41.39% YoY	$3.069B 30.5% YoY	$2.707B 19.57% YoY	$2.479B 2.93% YoY	$2.375B -14.85% YoY	$2.352B -15.62% YoY	$2.264B -17.84% YoY	$2.409B 0.86% YoY	$2.789B 27.68% YoY	$2.788B 40.81% YoY	$2.755B 46.92% YoY
Other Short-Term Assets	$1.900B 158.99% YoY	$1.510B 138.81% YoY	$1.434B 229.55% YoY	$976.4M 100.17% YoY	$733.5M 102.99% YoY	$632.3M 53.28% YoY	$435.0M 58.69% YoY	$487.8M 191.14% YoY	$361.3M 188.26% YoY	$412.5M 231.72% YoY	$274.1M 92.19% YoY	$167.5M -34.58% YoY	$125.4M -42.33% YoY	$124.4M -24.13% YoY	$142.6M 58.16% YoY	$256.1M 216.11% YoY	$217.4M 211.45% YoY	$163.9M 170.68% YoY	$90.18M 108.22% YoY
Inventory	$2.380B 21.6% YoY	$2.247B 22.49% YoY	$2.156B 21.79% YoY	$2.059B 11.08% YoY	$1.957B -3.35% YoY	$1.835B -5.69% YoY	$1.770B -6.53% YoY	$1.854B -14.3% YoY	$2.025B 20.35% YoY	$1.945B 50.82% YoY	$1.894B 72.05% YoY	$2.163B 153.65% YoY	$1.683B 142.39% YoY	$1.290B 98.38% YoY	$1.101B 91.18% YoY	$852.8M 57.0% YoY	$694.2M 43.68% YoY	$650.1M 35.53% YoY	$575.7M 31.4% YoY
Prepaid Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Receivables	$1.924B 33.98% YoY	$1.887B 65.45% YoY	$1.489B 31.7% YoY	$1.624B 32.34% YoY	$1.436B 31.73% YoY	$1.140B 11.31% YoY	$1.131B 35.7% YoY	$1.227B 57.34% YoY	$1.090B 26.33% YoY	$1.025B 10.99% YoY	$833.4M 27.91% YoY	$779.7M 33.11% YoY	$862.9M 33.04% YoY	$923.1M 78.72% YoY	$651.5M 64.69% YoY	$585.8M 60.84% YoY	$648.6M 70.48% YoY	$516.5M 32.59% YoY	$395.6M 31.77% YoY
Other Receivables	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A
Total Short-Term Assets	$18.56B 51.16% YoY	$16.39B 37.58% YoY	$15.18B 39.59% YoY	$13.50B 37.2% YoY	$12.28B 37.53% YoY	$11.91B 41.96% YoY	$10.88B 42.1% YoY	$9.842B 43.65% YoY	$8.926B 42.35% YoY	$8.390B 51.16% YoY	$7.655B 52.14% YoY	$6.852B 44.88% YoY	$6.271B 22.83% YoY	$5.551B 15.34% YoY	$5.032B 11.22% YoY	$4.729B 9.26% YoY	$5.105B 27.54% YoY	$4.813B 25.43% YoY	$4.524B 23.81% YoY
LONG-TERM ASSETS
Property, Plant & Equipment	$250.3M 102.02% YoY	$203.1M 105.47% YoY	$172.6M 85.52% YoY	$152.3M 58.18% YoY	$123.9M 26.49% YoY	$98.85M -2.69% YoY	$93.03M -9.32% YoY	$96.28M -40.95% YoY	$97.95M 0.82% YoY	$101.6M 6.92% YoY	$102.6M 6.37% YoY	$163.0M 77.56% YoY	$97.16M 11.18% YoY	$95.01M 20.82% YoY	$96.45M 27.96% YoY	$91.82M 183.74% YoY	$87.39M 169.21% YoY	$78.63M 143.97% YoY	$75.37M 130.71% YoY
Goodwill	$416.1M 54.97% YoY	$416.1M 54.97% YoY	$416.2M N/A	$416.5M 55.1% YoY	$268.5M -0.01% YoY	$268.5M -0.01% YoY	N/A	$268.5M 0.0% YoY	$268.5M 0.98% YoY	$268.5M 0.98% YoY	$268.5M -0.92% YoY	$268.5M -1.81% YoY	$265.9M 22.59% YoY	$265.9M 41.15% YoY	$271.0M 43.85% YoY	$273.5M 45.26% YoY	$216.9M 15.21% YoY	$188.4M -0.68% YoY	$188.4M 121.73% YoY
Intangibles	N/A	N/A	N/A	N/A	$56.40M N/A	$62.00M N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Investments	N/A	N/A	N/A	N/A	N/A	$81.30M 30.5% YoY	N/A	N/A	N/A	$62.30M 57.85% YoY	$62.30M 57.02% YoY	$61.79M 61.48% YoY	$39.40M 2.01% YoY	$39.47M 95.39% YoY	$39.68M 118.01% YoY	$38.26M 181.35% YoY	$38.63M 275.0% YoY	$20.20M 143.37% YoY	$18.20M 333.33% YoY
Other Assets	$546.2M 122.76% YoY	$668.8M 154.0% YoY	$609.8M 176.81% YoY	$659.4M 303.19% YoY	$245.2M 64.04% YoY	$263.3M 73.34% YoY	$220.3M 562.24% YoY	$163.5M -77.83% YoY	$149.5M 217.41% YoY	$151.9M 105.95% YoY	$33.27M -44.24% YoY	$737.6M 1482.39% YoY	$47.09M 12.61% YoY	$73.75M 120.54% YoY	$59.66M 83.42% YoY	$46.61M 39.41% YoY	$41.82M 26.0% YoY	$33.44M 11.21% YoY	$32.52M 42.61% YoY
Total Long-Term Assets	$3.100B 38.49% YoY	$3.062B 43.53% YoY	$2.864B 45.47% YoY	$3.031B 70.18% YoY	$2.238B 37.84% YoY	$2.133B 37.04% YoY	$1.969B 39.23% YoY	$1.781B 33.45% YoY	$1.624B 27.61% YoY	$1.557B 27.1% YoY	$1.414B 25.1% YoY	$1.334B 21.83% YoY	$1.273B 26.87% YoY	$1.225B 32.86% YoY	$1.130B 23.75% YoY	$1.095B 24.49% YoY	$1.003B 12.59% YoY	$921.8M 2.2% YoY	$913.4M 22.52% YoY
TOTAL ASSETS
Total Short-Term Assets	$18.56B 51.16% YoY	$16.39B 37.58% YoY	$15.18B 39.59% YoY	$13.50B 37.2% YoY	$12.28B 37.53% YoY	$11.91B 41.96% YoY	$10.88B 42.1% YoY	$9.842B 43.65% YoY	$8.926B 42.35% YoY	$8.390B 51.16% YoY	$7.655B 52.14% YoY	$6.852B 44.88% YoY	$6.271B 22.83% YoY	$5.551B 15.34% YoY	$5.032B 11.22% YoY	$4.729B 9.26% YoY	$5.105B 27.54% YoY	$4.813B 25.43% YoY	$4.524B 23.81% YoY
Total Long-Term Assets	$3.100B	$3.062B	$2.864B	$3.031B	$2.238B	$2.133B	$1.969B	$1.781B	$1.624B	$1.557B	$1.414B	$1.334B	$1.273B	$1.225B	$1.130B	$1.095B	$1.003B	$921.8M	$913.4M
Total Assets	$21.66B 49.2% YoY	$19.45B 38.48% YoY	$18.05B 40.49% YoY	$16.53B 42.25% YoY	$14.51B 37.58% YoY	$14.04B 41.19% YoY	$12.85B 41.65% YoY	$11.62B 41.99% YoY	$10.55B 39.87% YoY	$9.947B 46.81% YoY	$9.069B 47.18% YoY	$8.186B 40.54% YoY	$7.543B 23.49% YoY	$6.775B 18.15% YoY	$6.162B 13.33% YoY	$5.825B 11.83% YoY	$6.108B 24.82% YoY	$5.734B 21.01% YoY	$5.437B 23.59% YoY
SHORT-TERM LIABILITIES
Accounts Payable	$608.4M 56.36% YoY	$651.7M 71.01% YoY	$481.0M 66.34% YoY	$543.9M 82.62% YoY	$389.1M 74.25% YoY	$381.1M -12.41% YoY	$289.2M 7.51% YoY	$297.8M -15.37% YoY	$223.3M -32.37% YoY	$435.1M 87.06% YoY	$269.0M -3.41% YoY	$351.9M 27.93% YoY	$330.2M 61.31% YoY	$232.6M 14.77% YoY	$278.5M 105.89% YoY	$275.1M 89.51% YoY	$204.7M 49.52% YoY	$202.6M 50.96% YoY	$135.3M -17.08% YoY
Accrued Expenses	$441.5M 67.81% YoY	$475.4M 9.22% YoY	$471.0M 45.37% YoY	$380.7M 18.94% YoY	$263.1M -2.77% YoY	$435.3M 6.87% YoY	$324.0M -20.99% YoY	$320.1M -11.83% YoY	$270.6M -23.08% YoY	$407.3M 39.25% YoY	$410.1M 70.43% YoY	$363.0M 72.6% YoY	$351.8M 78.5% YoY	$292.5M 29.05% YoY	$240.6M 37.94% YoY	$210.3M 28.85% YoY	$197.1M 60.91% YoY	$226.6M 58.1% YoY	$174.4M 58.07% YoY
Deferred Revenue	$4.910B 136.86% YoY	$4.003B 131.73% YoY	$3.521B 120.1% YoY	$2.788B 109.68% YoY	$2.073B 107.7% YoY	$1.727B 88.73% YoY	$1.600B 128.95% YoY	$1.329B 112.98% YoY	$997.9M 48.57% YoY	$915.2M 43.58% YoY	$698.7M 15.07% YoY	$624.2M -10.54% YoY	$671.7M -13.71% YoY	$637.4M 7.39% YoY	$607.2M 18.74% YoY	$697.8M 44.73% YoY	$778.4M 70.04% YoY	$593.6M 49.8% YoY	$511.4M 59.16% YoY
Short-Term Debt	N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A
Long-Term Debt Due	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Short-Term Liabilities	$6.560B 110.15% YoY	$5.377B 96.78% YoY	$4.667B 91.7% YoY	$4.051B 87.4% YoY	$3.122B 75.07% YoY	$2.732B 43.08% YoY	$2.434B 31.82% YoY	$2.162B 30.56% YoY	$1.783B 12.5% YoY	$1.910B 47.63% YoY	$1.847B 47.16% YoY	$1.656B 29.56% YoY	$1.585B 15.77% YoY	$1.294B 16.55% YoY	$1.255B 40.47% YoY	$1.278B 48.62% YoY	$1.369B 74.06% YoY	$1.110B 44.46% YoY	$893.4M 34.39% YoY
LONG-TERM LIABILITIES
Long-Term Debt	N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A
Other Long-Term Liabilities	$320.1M 24.17% YoY	$331.8M 31.27% YoY	$309.6M 117.85% YoY	$307.1M 130.25% YoY	$257.8M 94.87% YoY	$252.8M 92.37% YoY	$142.1M 109.07% YoY	$133.4M -80.17% YoY	$132.3M 126.59% YoY	$131.4M 124.98% YoY	$67.98M 15.62% YoY	$672.7M 1014.85% YoY	$58.39M 1.24% YoY	$58.40M 6.67% YoY	$58.79M 14.9% YoY	$60.34M 27.0% YoY	$57.67M 29.25% YoY	$54.75M 29.03% YoY	$51.17M 30.64% YoY
Total Long-Term Liabilities	$320.1M 24.17% YoY	$331.8M 31.27% YoY	$309.6M 117.85% YoY	$307.1M 130.25% YoY	$257.8M 94.87% YoY	$252.8M 92.37% YoY	$142.1M 109.07% YoY	$133.4M -80.17% YoY	$132.3M 126.59% YoY	$131.4M 124.98% YoY	$67.98M 15.62% YoY	$672.7M 1014.85% YoY	$58.39M 1.24% YoY	$58.40M 6.67% YoY	$58.79M 14.9% YoY	$60.34M 27.0% YoY	$57.67M 29.25% YoY	$54.75M 29.03% YoY	$51.17M 30.64% YoY
TOTAL LIABILITIES
Total Short-Term Liabilities	$6.560B 110.15% YoY	$5.377B 96.78% YoY	$4.667B 91.7% YoY	$4.051B 87.4% YoY	$3.122B 75.07% YoY	$2.732B 43.08% YoY	$2.434B 31.82% YoY	$2.162B 30.56% YoY	$1.783B 12.5% YoY	$1.910B 47.63% YoY	$1.847B 47.16% YoY	$1.656B 29.56% YoY	$1.585B 15.77% YoY	$1.294B 16.55% YoY	$1.255B 40.47% YoY	$1.278B 48.62% YoY	$1.369B 74.06% YoY	$1.110B 44.46% YoY	$893.4M 34.39% YoY
Total Long-Term Liabilities	$320.1M 24.17% YoY	$331.8M 31.27% YoY	$309.6M 117.85% YoY	$307.1M 130.25% YoY	$257.8M 94.87% YoY	$252.8M 92.37% YoY	$142.1M 109.07% YoY	$133.4M -80.17% YoY	$132.3M 126.59% YoY	$131.4M 124.98% YoY	$67.98M 15.62% YoY	$672.7M 1014.85% YoY	$58.39M 1.24% YoY	$58.40M 6.67% YoY	$58.79M 14.9% YoY	$60.34M 27.0% YoY	$57.67M 29.25% YoY	$54.75M 29.03% YoY	$51.17M 30.64% YoY
Total Liabilities	$8.169B 85.86% YoY	$7.078B 74.81% YoY	$6.142B 70.56% YoY	$5.633B 76.44% YoY	$4.396B 63.53% YoY	$4.049B 48.44% YoY	$3.601B 40.47% YoY	$3.192B 37.1% YoY	$2.688B 21.41% YoY	$2.728B 44.36% YoY	$2.563B 44.28% YoY	$2.328B 28.03% YoY	$2.214B 13.24% YoY	$1.890B 7.62% YoY	$1.777B 13.02% YoY	$1.819B 20.41% YoY	$1.955B 35.54% YoY	$1.756B 23.77% YoY	$1.572B 19.51% YoY
SHAREHOLDERS EQUITY
Retained Earnings	$10.47B 38.32% YoY	$9.447B 25.25% YoY	$9.115B 32.77% YoY	$8.262B 33.64% YoY	$7.569B 33.05% YoY	$7.542B 47.49% YoY	$6.865B 52.55% YoY	$6.182B 56.32% YoY	$5.689B 62.86% YoY	$5.114B 62.92% YoY	$4.500B 65.78% YoY	$3.955B 64.23% YoY	$3.493B 34.72% YoY	$3.139B 27.77% YoY	$2.715B 13.41% YoY	$2.408B 4.55% YoY	$2.593B 23.08% YoY	$2.457B 21.17% YoY	$2.394B 29.76% YoY
Common Stock	$100.0K 0.0% YoY	$100.0K -20.63% YoY	$100.0K 222.58% YoY	$100.0K 222.58% YoY	$100.0K 222.58% YoY	$126.0K 306.45% YoY	$31.00K 0.0% YoY	$31.00K 0.0% YoY	$31.00K 0.0% YoY	$31.00K 0.0% YoY	$31.00K 0.0% YoY	$31.00K 3.33% YoY	$31.00K 0.0% YoY	$31.00K 0.0% YoY	$31.00K 287.5% YoY	$30.00K 275.0% YoY	$31.00K 287.5% YoY	$31.00K 3.33% YoY	$8.000K 0.0% YoY
Preferred Stock	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Treasury Stock (at cost)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Treasury Stock Shares	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Shareholders Equity	$13.49B 33.28% YoY	$12.37B 23.77% YoY	$11.91B 28.78% YoY	$10.90B 29.31% YoY	$10.12B 28.7% YoY	$9.995B 38.45% YoY	$9.246B 42.12% YoY	$8.431B 43.93% YoY	$7.862B 47.53% YoY	$7.219B 47.76% YoY	$6.506B 48.35% YoY	$5.858B 46.23% YoY	$5.329B 28.32% YoY	$4.886B 22.8% YoY	$4.385B 13.45% YoY	$4.006B 8.33% YoY	$4.153B 20.34% YoY	$3.979B 19.83% YoY	$3.865B 25.34% YoY
Total Liabilities & Shareholders Equity	$21.66B 49.2% YoY	$19.45B 38.48% YoY	$18.05B 40.49% YoY	$16.53B 42.25% YoY	$14.51B 37.58% YoY	$14.04B 41.19% YoY	$12.85B 41.65% YoY	$11.62B 41.99% YoY	$10.55B 39.87% YoY	$9.947B 46.81% YoY	$9.069B 47.18% YoY	$8.186B 40.54% YoY	$7.543B 23.49% YoY	$6.775B 18.15% YoY	$6.162B 13.33% YoY	$5.825B 11.83% YoY	$6.108B 24.82% YoY	$5.734B 21.01% YoY	$5.437B 23.59% YoY