Arista Networks (ANET) Shares Outstanding (Diluted) (2013 - 2026)
Arista Networks (ANET) reported Shares Outstanding (Diluted) of 1.28 billion for Q2 2026, up 0.4% from 1.27 billion a year earlier and up 0.2% from the prior quarter.
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Analysis
Arista Networks (ANET) Shares Outstanding (Diluted) (2013 - 2026) Analysis & Trends
Dating back to Q2 2013, Arista Networks' Shares Outstanding (Diluted) record includes 53 quarters.
- Shares Outstanding (Diluted) has a five-year compound annual growth rate of 0.1% (FY2020 to FY2025).
- By year, Shares Outstanding (Diluted) came in at 1.28 billion in FY2024 (+1.0%), 1.27 billion in FY2023 (+0.2%), 1.27 billion in FY2022 (-0.9%) and 1.28 billion in FY2021 (+0.4%).
- Five-year quarterly Shares Outstanding (Diluted) spans a low of 1.26 billion in Q3 2022 and a high of 1.28 billion in Q3 2024.
- Year over year, Shares Outstanding (Diluted) gained in three of the last eight quarters, with an average year-over-year change of 0.0%.
- The high point for year-over-year Shares Outstanding (Diluted) in five years was Q1 2024 (growth of 1.4%); the low point was Q3 2022 (a decline of 1.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.27 billion (Q1 2026), 1.28 billion (Q4 2025) and 1.28 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 14.71 Bn |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 3.99 Bn |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 652.00 Mn |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 1.28 Bn |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 155.00 Mn |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 229.00 Mn |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 383.00 Mn |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 6.01 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 | 1.45 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.28 Bn |
| Mar 31, 2026 | 1.27 Bn |
| Dec 31, 2025 | 1.28 Bn |
| Sep 30, 2025 | 1.28 Bn |
| Jun 30, 2025 | 1.27 Bn |
| Mar 31, 2025 | 1.28 Bn |
| Dec 31, 2024 | 1.28 Bn |
| Sep 30, 2024 | 1.28 Bn |
| Jun 30, 2024 | 1.28 Bn |
| Mar 31, 2024 | 1.28 Bn |
| Dec 31, 2023 | 1.27 Bn |
| Sep 30, 2023 | 1.27 Bn |
| Jun 30, 2023 | 1.27 Bn |
| Mar 31, 2023 | 1.26 Bn |
| Dec 31, 2022 | 1.27 Bn |
| Sep 30, 2022 | 1.26 Bn |
| Jun 30, 2022 | 1.27 Bn |
| Mar 31, 2022 | 1.28 Bn |
| Dec 31, 2021 | 1.28 Bn |
| Sep 30, 2021 | 1.28 Bn |
API Access
Arista Networks Shares Outstanding (Diluted) 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-diluted&ticker=ANET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=ANET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();