# Who are Arista Networks's customers? Who does Arista Networks earn revenue from?
Canonical: https://valuechain.wiki/arista · Facet: customers · Updated: 2026-07-12T06:18:18.326+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Arista Networks's confirmed revenue counterparties include 마이크로소프트, 메타 플랫폼스, 알파벳 (구글) plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 4 revenue edges, backed by 5 dated sources, 2 of them primary filings (as of 2026-07-12).

### 마이크로소프트 (high)  → /microsoft.md
- metric: Revenue share 26% · FY2025 10-K largest of two 10%+ customers
- note: Supplies AI data center Ethernet switches to Microsoft.
- [mentions] Morgan Stanley·BofA·KeyBanc (via Benzinga) (EN, research, published 2026-06-12) https://www.benzinga.com/quote/ANET/analyst-ratings: "Morgan Stanley Overweight $190; BofA $200, KeyBanc Overweight $200; consensus ~$189 Buy on the AI-driven networking refresh cycle."
- [confirms] Arista Networks (SEC EDGAR) (EN, filing, published 2026-02-17) https://www.sec.gov/Archives/edgar/data/1596532/000159653226000013/anet-20251231.htm: "Two customers accounted for more than 10% of sales in 2025; one end customer represented 26% and the other 16% of total revenue (Microsoft and Meta are Arista's two largest hyperscaler customers)."
- [confirms] ITWorld (KO, news, published 2025-08-01) https://www.itworld.co.kr/article/3602986/: "Meta builds AI clusters on the 7700R4."
- [confirms] Arista (EN, ir, published 2025-02-18) https://www.arista.com/en/company/news/press-release/21096-pr-20250218: "2024 revenue $7B (+19.5%); cloud titans 48%."
- [confirms] SEC EDGAR (EN, filing, published 2025-02-18) https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=ANET&type=10-K: "10-K: Ethernet-switch revenue concentrated in MS and Meta."

### 메타 플랫폼스 (high)  → /meta.md
- metric: Revenue share 16% · FY2025 10-K smaller of two 10%+ customers
- note: Supplies AI data center Ethernet switches to Meta Platforms.
- [confirms] Arista Networks (SEC EDGAR) (EN, filing, published 2026-02-17) https://www.sec.gov/Archives/edgar/data/1596532/000159653226000013/anet-20251231.htm: "The two >10% customers represented 26% and 16% of FY2025 total revenue."
- [confirms] ITWorld (KO, news, published 2025-08-01) https://www.itworld.co.kr/article/3602986/: "Meta builds AI clusters on the 7700R4."
- [confirms] Arista (EN, ir, published 2025-02-18) https://www.arista.com/en/company/news/press-release/21096-pr-20250218: "2024 revenue $7B (+19.5%); cloud titans 48%."
- [confirms] SEC EDGAR (EN, filing, published 2025-02-18) https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=ANET&type=10-K: "10-K: Ethernet-switch revenue concentrated in MS and Meta."

### 알파벳 (구글) (mid)  → /alphabet.md
- note: Supplies AI data center Ethernet switches to Alphabet (Google).
- [confirms] ITWorld (KO, news, published 2025-08-01) https://www.itworld.co.kr/article/3602986/: "Meta builds AI clusters on the 7700R4."
- [confirms] Arista (EN, ir, published 2025-02-18) https://www.arista.com/en/company/news/press-release/21096-pr-20250218: "2024 revenue $7B (+19.5%); cloud titans 48%."
- [confirms] SEC EDGAR (EN, filing, published 2025-02-18) https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=ANET&type=10-K: "10-K: Ethernet-switch revenue concentrated in MS and Meta."

### 아마존 (mid)  → /amazon.md
- note: Supplies AI data center Ethernet switches to Amazon.
- [confirms] ITWorld (KO, news, published 2025-08-01) https://www.itworld.co.kr/article/3602986/: "Meta builds AI clusters on the 7700R4."
- [confirms] Arista (EN, ir, published 2025-02-18) https://www.arista.com/en/company/news/press-release/21096-pr-20250218: "2024 revenue $7B (+19.5%); cloud titans 48%."
- [confirms] SEC EDGAR (EN, filing, published 2025-02-18) https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=ANET&type=10-K: "10-K: Ethernet-switch revenue concentrated in MS and Meta."

Reverse side: https://valuechain.wiki/arista/suppliers.md · Ripple: https://valuechain.wiki/arista/ripple.md

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Full node: https://valuechain.wiki/arista.md · JSON: https://valuechain.wiki/arista.json