Arista Networks
34 named things its latest annual report says its results depend on, each in the company's own words. 28 of them are also named by other companies we've read.
Customers
Largest end customer (unnamed)
earns from · 26% of our total revenuenamed as a riskFor example, sales to one end customer represented 16%, 15%, and 21% of our total revenue, and sales to the other end customer represented 26%, 20%, and 18% of our total revenue for the years ended December 31, 2025, 2024, and 2023, respectively.Risk factors (Item 1A)
Also named by ALAB
Second-largest end customer (unnamed)
earns from · 16% of our total revenuenamed as a riskSales to these two customers represented 26% and 16% of our total revenue for the year ended December 31, 2025, respectively.Business (Item 1)
Suppliers
Broadcom
depends onnamed as a riskIn particular, we are primarily reliant upon our predominant merchant silicon vendor, Broadcom, for our switching chips.Risk factors (Item 1A)
Jabil Inc.
depends onnamed as a riskOur primary manufacturing partners are Jabil Inc., Sanmina Corporation and Foxconn Hon Hai.Business (Item 1)
Sanmina Corporation
depends onnamed as a riskOur primary manufacturing partners are Jabil Inc., Sanmina Corporation and Foxconn Hon Hai.Business (Item 1)
Also named by AMD
Foxconn (Hon Hai Precision Industry)
depends onnamed as a riskOur primary manufacturing partners are Jabil Inc., Sanmina Corporation and Foxconn Hon Hai.Business (Item 1)
Also named by SMCI
Other companies
VeloCloud
named as a riskFor example, we completed the acquisition of VeloCloud in June 2025 which required management to focus efforts on integrating the VeloCloud business with the Company.Risk factors (Item 1A)
Competitors
Nvidia
competes withnamed as a riskBoth IB and NVLink are often sold as part of a vertical solution along with the GPUs from Nvidia.Business (Item 1)
Also named by AMD, BAM, CDNS, COHR, DOCN, HPE, INTC, NOW and 3 more
Hewlett Packard Enterprise
competes withnamed as a riskFor example, Broadcom has acquired VMware, Hewlett Packard Enterprise has acquired Juniper Networks and Nvidia has made significant investments in several AI Neoclouds.Business (Item 1)
Cisco
competes withnamed as a riskThe data center and campus networking markets have been historically dominated by Cisco, with competition also coming from other large network equipment and system vendors, including Dell/EMC, Extreme Networks, Hewlett Packard Enterprise, Huawei, Nvidia and white box networking vendors utilizing open-source operating systems.Risk factors (Item 1A)
Places
Mexico
concentrated innamed as a riskOur products are primarily manufactured in Malaysia, Vietnam, and Mexico, and we also procure a limited number of products originating from China, Taiwan, Thailand and the Philippines.Risk factors (Item 1A)
Also named by AAP, AME, AMRC, AOS, ARES, AYI, AZO, BBY and 83 more
China
depends onnamed as a riskIn addition, our contract manufacturing partners procure some components from China for use in the manufacturing of our products.Risk factors (Item 1A)
Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more
Taiwan
operates innamed as a riskAny deterioration in relations between Taiwan and China could lead to additional sanctions or export controls on China, on specific individuals or entities, or otherwise in the region which could impact our ability to sell to certain of our customers, source components from China, or otherwise negatively impact our business.Risk factors (Item 1A)
Also named by AAOI, AAPL, AB, ADI, AEHR, ALAB, AMAT, AMD and 50 more
Japan
operates innamed as a riskOur corporate headquarters and the operations of our key manufacturing vendors, logistics providers and partners, as well as many of our customers, are located in areas, such as the San Francisco Bay Area, Japan and Taiwan, that are exposed to risks of natural disasters and threats, such as fires, earthquakes, tsunamis, extreme precipitation or winds, high heat or outbreaks of disease, and systemic failures, or other catastrophic events, such as widespread power outages or transportation network malfunctions.Risk factors (Item 1A)
Also named by A, AAPL, AFL, AMKR, BMY, BSX, CAT, CDNS and 25 more
Vietnam
concentrated innamed as a riskOur products are primarily manufactured in Malaysia, Vietnam, and Mexico, and we also procure a limited number of products originating from China, Taiwan, Thailand and the Philippines.Risk factors (Item 1A)
Also named by AAPL, AMKR, ASO, BBW, CGNX, CIEN, CROX, CSW and 16 more
Malaysia
concentrated innamed as a riskOur products are primarily manufactured in Malaysia, Vietnam, and Mexico, and we also procure a limited number of products originating from China, Taiwan, Thailand and the Philippines.Risk factors (Item 1A)
Also named by A, AVGO, CGNX, DELL, FSLR, LITE, MSI, NXT and 6 more
San Francisco Bay Area
operates innamed as a riskOur corporate headquarters and the operations of our key manufacturing vendors, logistics providers and partners, as well as many of our customers, are located in areas, such as the San Francisco Bay Area, Japan and Taiwan, that are exposed to risks of natural disasters and threats, such as fires, earthquakes, tsunamis, extreme precipitation or winds, high heat or outbreaks of disease, and systemic failures, or other catastrophic events, such as widespread power outages or transportation network malfunctions.Risk factors (Item 1A)
Hazards
Earthquakes
operates innamed as a riskOur corporate headquarters and the operations of our key manufacturing vendors, logistics providers and partners, as well as many of our customers, are located in areas, such as the San Francisco Bay Area, Japan and Taiwan, that are exposed to risks of natural disasters and threats, such as fires, earthquakes, tsunamis, extreme precipitation or winds, high heat or outbreaks of disease, and systemic failures, or other catastrophic events, such as widespread power outages or transportation network malfunctions.Risk factors (Item 1A)
Also named by AAPL, AMKR, AN, APP, BRO, CDNS, CEG, CGNX and 37 more
Commodities and inputs
Memory chips
exposed to its pricenamed as a riskFor example, we see tightening supply conditions in the memory market.Risk factors (Item 1A)
Rare earth metals
depends onnamed as a riskThese include the imposition of retaliatory tariffs on certain U.S.-origin goods; the implementation of new export controls by China on various critical minerals, including rare earths metals; the scheduling of further retaliatory tariff measures; and other actions that may affect us directly or indirectly.Risk factors (Item 1A)
Gallium and germanium
depends onnamed as a riskFor example, China has announced controls on both the use of Micron products and export controls on certain materials used, among other things, in the production of semiconductors, optical components, and other electronic devices including germanium and gallium.Risk factors (Item 1A)
Also named by TDY
Regulators
U.S. International Trade Commission (ITC)
subject tonamed as a riskFor example, in two prior investigations brought by Cisco in the International Trade Commission (“ITC”), we were subjected to remedial orders that prohibited us from importing and selling after importation any products the ITC found to infringe Cisco’s patents.Risk factors (Item 1A)
Federal Communications Commission (FCC)
subject toOur products must comply with various U.S. federal government regulations and standards defined by agencies such as the Federal Communications Commission, standards established by governmental authorities in various foreign countries and recommendations of the International Telecommunication Union.Risk factors (Item 1A)
Also named by AIOT, AMT, ASTS, CCI, CMCSA, DIS, ECHO, EXTR and 26 more
Laws and programs
EU General Data Protection Regulation (GDPR)
subject tonamed as a riskThe GDPR provides for substantial obligations relating to the handling, storage and other processing of data relating to individuals and administrative fines for violations, which can be up to four percent of the previous year’s annual revenue or €20 million, whichever is higher.Risk factors (Item 1A)
Also named by ACN, ADSK, AIG, ALK, AMG, APG, AXON, BAX and 61 more
International Emergency Economic Powers Act (IEEPA) tariffs
subject tonamed as a riskSince February 2025, the U.S. has also imposed additional country-specific tariffs on most trading partners, including China, as well as additional commodity-specific tariffs on certain imported items, in both instances pursuant to executive orders issued under various trade authorities, including the International Emergency Economic Powers Act and Section 232 of the Trade Expansion Act of 1962.Risk factors (Item 1A)
Also named by AAOI, ARW, COHR, CSW, DECK, FIVE, IBP, KLAC and 8 more
Uyghur Forced Labor Prevention Act (UFLPA)
subject tonamed as a riskWhile we do not source items from the XUAR or from UFLPA-listed parties, and we have increased our supply chain diligence, there is risk that our ability to import components and products may be adversely affected by the UFLPA.Risk factors (Item 1A)
Also named by AMRC, ASO, CROX, DDS, FND, FSLR, LULU, MPWR and 7 more
U.S. Section 301 tariffs on China
subject tonamed as a riskFor example, since 2018, the U.S. government has enacted various tariffs on products from China under Section 301 trade authorities, including on communications equipment products and components manufactured and imported from China.Risk factors (Item 1A)
U.S. Section 232 tariffs
subject tonamed as a riskSince February 2025, the U.S. has also imposed additional country-specific tariffs on most trading partners, including China, as well as additional commodity-specific tariffs on certain imported items, in both instances pursuant to executive orders issued under various trade authorities, including the International Emergency Economic Powers Act and Section 232 of the Trade Expansion Act of 1962.Risk factors (Item 1A)
Also named by COHR
U.S. semiconductor and supercomputing export controls
subject tonamed as a riskThese controls or any additional restrictions may impact our ability to export certain products to China or other countries, prohibit us from selling our products to certain of our customers, restrict our ability to use certain ICs in our products, or impact our suppliers who may utilize facilities or equipment described in these controls.Risk factors (Item 1A)
U.S. government domestic-origin procurement requirements
subject tonamed as a riskThe U.S. government may require certain products that it purchases to be manufactured in, or may require that products it purchases contain a certain threshold of “domestic origin” components from, the U.S. and other relatively high-cost manufacturing locations, and we may not manufacture all products in locations that meet these requirements.Risk factors (Item 1A)
India Digital Personal Data Protection Act 2023
subject tonamed as a riskWe maintain an employee and operational presence in India, and this act may require us to modify our policies and practices and incur increased costs in our efforts to comply.Risk factors (Item 1A)
Technology
InfiniBand
competes withnamed as a riskMoreover, even if the market for AI applications does develop, the successful adoption of AI Ethernet products will be dependent upon their ability to compete against more established InfiniBand products or against the AI Ethernet products of other competitors to address AI networking clusters.Risk factors (Item 1A)