Arista Networks (ANET) Change in Inventory (2013 - 2026)
Arista Networks' Change in Inventory was $674.6 million in Q3 2026, up 598.3% from $96.6 million a year earlier and up 334.7% from the prior quarter.
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Analysis
Arista Networks (ANET) Change in Inventory (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Arista Networks' Change in Inventory was $1.05 billion through Sep 30, 2026, up 173.3% year-over-year; for FY2025, it was $412.5 million.
- Change in Inventory shows a five-year compound annual growth rate of 11.9% (FY2020 to FY2025).
- In earlier years, Change in Inventory was -$110.6 million in FY2024, $655.5 million in FY2023 (+2.6%), $638.95 million in FY2022 (+274.9%) and $170.45 million in FY2021 (-27.6%).
- The Q3 2026 figure marks the highest quarterly Change in Inventory in data going back to Q3 2013.
- Compared with a year earlier, Change in Inventory has increased for four straight quarters, with growth averaging 129.8% over the last six quarters.
- The best year-over-year quarter for Change in Inventory over five years was Q1 2023 (growth of 802.8%); the worst was Q3 2023 (a decline of 88.2%).
- Per Business Quant data, ANET's Change in Inventory in the three quarters before Q3 2026 was $155.2 million (Q2 2026), $133 million (Q1 2026) and $91.4 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn | 3.44 Bn |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn | 686.00 Mn |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn | 674.60 Mn |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn | 6.23 Bn |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | -699.97 Mn |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn | 318.00 Mn |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn | 129.00 Mn |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn | 269.00 Mn |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn | 2.89 Bn |
| 10 | Garmin | 54.56 Bn | 44.11 Bn | 1.26 Bn | 279.41 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 674.60 Mn |
| Jun 30, 2026 | 155.20 Mn |
| Mar 31, 2026 | 133.00 Mn |
| Dec 31, 2025 | 91.40 Mn |
| Sep 30, 2025 | 96.60 Mn |
| Jun 30, 2025 | 101.80 Mn |
| Mar 31, 2025 | 122.70 Mn |
| Dec 31, 2024 | 64.60 Mn |
| Sep 30, 2024 | -83.80 Mn |
| Jun 30, 2024 | -171.40 Mn |
| Mar 31, 2024 | 80.00 Mn |
| Dec 31, 2023 | 51.67 Mn |
| Sep 30, 2023 | 29.20 Mn |
| Jun 30, 2023 | 181.63 Mn |
| Mar 31, 2023 | 393.00 Mn |
| Dec 31, 2022 | 189.16 Mn |
| Sep 30, 2022 | 247.74 Mn |
| Jun 30, 2022 | 158.52 Mn |
| Mar 31, 2022 | 43.53 Mn |
| Dec 31, 2021 | 74.45 Mn |
API Access
Arista Networks Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=ANET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "ANET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=ANET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();