Arista Networks (ANET) Shares Outstanding (2013 - 2026)
Arista Networks' Shares Outstanding came in at 1.26 billion for Q2 2026, up 0.3% from 1.26 billion a year earlier and up 0.2% from the prior quarter.
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Analysis
Arista Networks (ANET) Shares Outstanding (2013 - 2026) Analysis & Trends
Going back to Q2 2013, Arista Networks' Shares Outstanding data covers 53 quarters.
- Shares Outstanding has increased in each of the last three years, with a five-year compound annual growth rate of 0.7% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 1.26 billion in FY2024 (+1.5%), 1.24 billion in FY2023 (+0.9%), 1.23 billion in FY2022 (unchanged) and 1.23 billion in FY2021 (+0.8%).
- The Q2 2026 figure represents the highest quarterly Shares Outstanding in data going back to Q2 2013.
- Year-over-year, Shares Outstanding increased in six of the last eight quarters, with growth averaging 0.5%.
- The fastest year-over-year change in Shares Outstanding over five years came in Q1 2024 (growth of 2.0%), and the weakest in Q3 2022 (a decline of 0.8%).
- Business Quant data shows ANET's Shares Outstanding at 1.26 billion (Q1 2026), 1.26 billion (Q4 2025) and 1.26 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 14.66 Bn |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 3.95 Bn |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 645.00 Mn |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 1.26 Bn |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 147.00 Mn |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 219.00 Mn |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 345.00 Mn |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 5.98 Bn |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 74.60 Mn |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 1.34 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.26 Bn |
| Mar 31, 2026 | 1.26 Bn |
| Dec 31, 2025 | 1.26 Bn |
| Sep 30, 2025 | 1.26 Bn |
| Jun 30, 2025 | 1.26 Bn |
| Mar 31, 2025 | 1.26 Bn |
| Dec 31, 2024 | 1.26 Bn |
| Sep 30, 2024 | 1.26 Bn |
| Jun 30, 2024 | 1.25 Bn |
| Mar 31, 2024 | 1.25 Bn |
| Dec 31, 2023 | 1.24 Bn |
| Sep 30, 2023 | 1.24 Bn |
| Jun 30, 2023 | 1.23 Bn |
| Mar 31, 2023 | 1.23 Bn |
| Dec 31, 2022 | 1.23 Bn |
| Sep 30, 2022 | 1.22 Bn |
| Jun 30, 2022 | 1.23 Bn |
| Mar 31, 2022 | 1.23 Bn |
| Dec 31, 2021 | 1.23 Bn |
| Sep 30, 2021 | 1.23 Bn |
API Access
Arista Networks Shares Outstanding 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=shares-outstanding&ticker=ANET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=ANET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();