Arista Networks (ANET) Share-based Compensation (2013 - 2026)
Arista Networks (ANET) reported Share-based Compensation of $120.4 million for Q2 2026, up 41.3% from $85.2 million a year earlier but down 0.4% from the prior quarter.
Arista Networks (ANET) Share-based Compensation (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Arista Networks' Share-based Compensation came in at $502.3 million, up 33.2% 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%).
- Five-year quarterly Share-based Compensation spans a low of $50.22 million in Q2 2022 and a high of $133.1 million in Q4 2025.
- Year over year, Share-based Compensation has now increased in each of the last 48 quarters, with growth averaging 25.0% 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 45.7% (Q3 2021).
- Per Business Quant data, the three quarters before Q2 2026 came in at $120.9 million (Q1 2026), $133.1 million (Q4 2025) and $127.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 3.40 Bn |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 927.00 Mn |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 184.00 Mn |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 120.40 Mn |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 67.00 Mn |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 54.00 Mn |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 45.00 Mn |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | - |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 40.80 Mn |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 165.00 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 53.14 Mn |
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_KEY
import 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();