Arista Networks (LTS:0HHR) Research & Development: $1,315 Mil (TTM As of Mar. 2026)


LTS:0HHR Arista Networks Inc LTS:0HHR
87 GF Score
Price $157.52
GF Value $138.92
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Arista Networks Research & Development?

Arista Networks LTS:0HHR -6.62% 87 Research & Development is $1,315 Mil as of Mar. 2026. GuruFocus rates LTS:0HHR with a GF Score™ of 87/100 and a GF Value™ of $138.92 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Arista Networks's Research & Development for the three months ended in Mar. 2026 was $344 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $1,315 Mil.

Arista Networks  (LTS:0HHR) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Arista Networks Research & Development Related Terms

Arista Networks Research & Development Historical Data

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The historical data trend for Arista Networks's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Arista Networks Research & Development Chart

Arista Networks Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 586.75 728.39 854.90 996.70 1,237.30

Arista Networks Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 266.40 296.50 326.00 348.40 343.70
LTS:0HHR
87GF Score
Arista Networks Inc LTS:0HHR
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Arista Networks Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,315 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $1,315 Mil mean?
Arista Networks (LTS:0HHR) has a Research & Development of $1,315 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Arista Networks and its competitors.
Is Arista Networks' Research & Development too high?
Arista Networks' current Research & Development is $1,315 Mil. Overall, Arista Networks has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arista Networks' Research & Development compare to WDC and STX?
Arista Networks' Research & Development of $1,315 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Hardware company?
A good Research & Development depends on the Hardware industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Arista Networks and its competitors. Arista Networks's current Research & Development is $1,315 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arista Networks stock overvalued right now?
Based on GuruFocus' analysis, Arista Networks (LTS:0HHR) is currently considered Modestly Overvalued. The stock's GF Value™ is $138.92, compared to a current price of $157.52 — trading 13.4% above its estimated fair value. The current Research & Development is $1,315 Mil. Arista Networks' overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Arista Networks (LTS:0HHR), the current Research & Development is $1,315 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Arista Networks (LTS:0HHR) Overvalued in 2026?

Based on GuruFocus' analysis, Arista Networks stock appears to be overvalued. The current stock price of $157.52 is trading 13.4% above its estimated GF Value™ of $138.92. GuruFocus considers Arista Networks to be Modestly Overvalued.

Key valuation signals for LTS:0HHR:

  • Research & Development: $1,315 Mil
  • GF Value™: $138.92 vs. price of $157.52 (13.4% above fair value)
  • GF Score™: 87/100 with 2 warning signs

No single metric tells the full story. See the LTS:0HHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Arista Networks Business Description

Address 5453 Great America Parkway, Santa Clara, CA, USA, 95054
Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three-fourths of its sales from North America.
87GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$157.52
Price
$138.92
GF Value