ANET · Arista Networks, Inc.
One customer — 26% of revenue (the year ended December 31, 2025)
“Sales to one end customer represented 16%, 15%, and 21% of our total revenue, and sales to the other end customer represented 26%, 20%, and 18% of our total revenue for the years ended December 31, 2025, 2024, and 2023, respectively.”
One customer — 16% of revenue (the year ended December 31, 2025)
“Sales to one end customer represented 16%, 15%, and 21% of our total revenue, and sales to the other end customer represented 26%, 20%, and 18% of our total revenue for the years ended December 31, 2025, 2024, and 2023, respectively.”
Share-repurchase activity from the company's own XBRL filings — cash spent buying back common stock per fiscal year and per recent quarter, share counts where the company tagged them, and the buyback program's authorization — paired with the company's at-the-market (ATM) equity offering programs, the dilution side of the same picture. Repurchase amounts come exclusively from tagged SEC data; program figures with no tagged equivalent (untagged authorizations and all ATM figures) are read from the filing's own text and shown only after verification.
Concurrent Repurchase Programs
| Authorized | As of | Remaining | Remaining as of | Source |
|---|---|---|---|---|
| $1,500,000,000 | 2025-05-31 | $817,900,000 | 2025-12-31 | 10-K, filed 2026-02-17 |
| $1,200,000,000 | 2025-05-31 | — | — | 10-K, filed 2026-02-17 |
Cash spent on buybacks by quarter
Cash deployed each quarter, with the average price paid where the company reported it. Δ marks quarters derived from the company's cumulative year-to-date disclosures.
Repurchase History
| Fiscal Year Ended | Cash Spent | Source | ||
|---|---|---|---|---|
| 2026-03-31 YTD | $0 | 10-Q, filed 2026-05-06 | ||
| 2025-12-31 | $1,603,100,000 | 10-K, filed 2026-02-17 | ||
| 2024-12-31 | $423,600,000 | 10-K, filed 2026-02-17 | ||
| 2023-12-31 | $112,300,000 | 10-K, filed 2026-02-17 | ||
| 2022-12-31 | $670,287,000 | 10-K, filed 2025-02-19 | ||
| 2021-12-31 | $411,645,000 | 10-K, filed 2024-02-13 | ||
| 2020-12-31 | $395,173,000 | 10-K, filed 2023-02-14 | ||
| 2019-12-31 | $266,142,000 | 10-K, filed 2022-02-15 | ||