Comparison

Arista Networks, Inc. (ANET) vs Dell Technologies Inc. (DELL)

The same filed metrics for both companies, side by side.

What each names as a risk in its own annual report, how each is priced against its own history, and the tracked managers whose latest 13F reports a position in both.

Financials

ANET

Arista Networks, Inc.

Computer Hardware

Revenue, FY25: $9.01B
Net income: $3.51B
Operating cash flow: $4.37B
Free cash flow: $4.25B
Net margin: 38.99%
Operating margin: 42.82%
Gross margin: 64.06%

DELL

Dell Technologies Inc.

Computer Hardware

Revenue, FY26: $114B
Net income: $5.94B
Operating cash flow: $11.19B
Free cash flow: $8.55B
Net margin: 5.23%
Operating margin: 7.18%
Gross margin: 20.00%

Head-to-head

Filed growth, quality and valuation, read against each company’s own history rather than against the other side.

Metric	ANET	DELL
Revenue growth, latest filed year	+28.60%	+18.80%
Piotroski F-score	4 of 8	7 of 9
P/E against its own history	96.60% above	144.82% above

What each says it is exposed to

From Item 1A of each company’s most recent 10-K.

ANET

China
Export controls
Litigation
Tariffs
Cybersecurity
Supply chain

And 21 more.

DELL

Tax
Cybersecurity
Goodwill impairment
Currency moves
Debt covenants
Litigation

And 18 more.

Tracked managers holding both

Joel Greenblatt Gotham Asset Management 0.09% · 0.31%

Updated Sep 10, 2026 · the newer of the two companies' filings