Arista Networks (ANET) Share-based Compensation (2013 - 2026)
Arista Networks (ANET) reported Share-based Compensation of $138.1 million for Q3 2026, up 8.0% from $127.9 million a year earlier and up 14.7% from the prior quarter.
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Analysis
Arista Networks (ANET) Share-based Compensation (2013 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Arista Networks' Share-based Compensation came in at $512.5 million, up 26.0% year-over-year; for FY2025, it came in at $439.2 million, up 23.6% from FY2024.
- Share-based Compensation has increased for 13 consecutive years, with a five-year compound annual growth rate of 26.2% (FY2020 to FY2025).
- By year, Share-based Compensation came in at $355.4 million in FY2024 (+19.7%), $296.8 million in FY2023 (+28.5%), $230.93 million in FY2022 (+23.6%) and $186.88 million in FY2021 (+36.4%).
- The Q3 2026 figure ranks as the highest quarterly Share-based Compensation in data going back to Q3 2013.
- Year over year, Share-based Compensation has now increased in each of the last 49 quarters, with growth averaging 24.2% over the last eight quarters.
- Over the past five years, the year-over-year growth in Share-based Compensation ranged from 7.4% (Q2 2025) to 41.3% (Q2 2026).
- Per Business Quant data, the three quarters before Q3 2026 came in at $120.4 million (Q2 2026), $120.9 million (Q1 2026) and $133.1 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn | 3.27 Bn |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn | 911.00 Mn |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn | 138.10 Mn |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn | 184.00 Mn |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | - |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn | 91.00 Mn |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn | 63.00 Mn |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn | 79.00 Mn |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn | 165.00 Mn |
| 10 | Garmin | 54.56 Bn | 44.11 Bn | 1.26 Bn | 44.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 138.10 Mn |
| Jun 30, 2026 | 120.40 Mn |
| Mar 31, 2026 | 120.90 Mn |
| Dec 31, 2025 | 133.10 Mn |
| Sep 30, 2025 | 127.90 Mn |
| Jun 30, 2025 | 85.20 Mn |
| Mar 31, 2025 | 93.00 Mn |
| Dec 31, 2024 | 100.80 Mn |
| Sep 30, 2024 | 98.10 Mn |
| Jun 30, 2024 | 79.30 Mn |
| Mar 31, 2024 | 77.20 Mn |
| Dec 31, 2023 | 81.40 Mn |
| Sep 30, 2023 | 85.39 Mn |
| Jun 30, 2023 | 67.13 Mn |
| Mar 31, 2023 | 62.88 Mn |
| Dec 31, 2022 | 64.95 Mn |
| Sep 30, 2022 | 65.48 Mn |
| Jun 30, 2022 | 50.22 Mn |
| Mar 31, 2022 | 50.28 Mn |
| Dec 31, 2021 | 51.24 Mn |
API Access
Arista Networks Share-based Compensation 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=share-based-compensation&ticker=ANET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=ANET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();