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Side-by-side financial comparison of Arista Networks (ANET) and SELECTIVE INSURANCE GROUP INC (SIGI). Click either name above to swap in a different company.
Arista Networks is the larger business by last-quarter revenue ($2.5B vs $1.4B, roughly 1.8× SELECTIVE INSURANCE GROUP INC). Arista Networks runs the higher net margin — 38.4% vs 7.2%, a 31.2% gap on every dollar of revenue. On growth, Arista Networks posted the faster year-over-year revenue change (28.9% vs 5.7%). Over the past eight quarters, Arista Networks's revenue compounded faster (25.8% CAGR vs 6.6%).
Arista Networks, Inc. is an American computer networking company headquartered in Santa Clara, California. The company designs and sells multilayer network switches to deliver software-defined networking (SDN) for large datacenter, cloud computing, high-performance computing, and high-frequency trading environments. These products include 10/25/40/50/100/200/400/800 gigabit low-latency cut-through Ethernet switches. Arista's Linux-based network operating system, Extensible Operating System (E...
Selective Insurance Group Inc. is a U.S.-based insurance holding company that provides a comprehensive portfolio of property and casualty insurance products, including personal auto, home insurance, commercial property, liability, and workers' compensation coverage. It primarily serves small and medium-sized businesses, individual consumers, and nonprofits across the U.S., distributing offerings via a network of independent insurance agents.
ANET vs SIGI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.5B | $1.4B |
| Net Profit | $955.8M | $97.7M |
| Gross Margin | 62.9% | — |
| Operating Margin | 41.5% | — |
| Net Margin | 38.4% | 7.2% |
| Revenue YoY | 28.9% | 5.7% |
| Net Profit YoY | 19.3% | -37.0% |
| EPS (diluted) | $0.74 | $1.58 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $1.4B | ||
| Q4 25 | $2.5B | $1.4B | ||
| Q3 25 | $2.3B | $1.4B | ||
| Q2 25 | $2.2B | $1.3B | ||
| Q1 25 | $2.0B | $1.3B | ||
| Q4 24 | $1.9B | $1.3B | ||
| Q3 24 | $1.8B | $1.2B | ||
| Q2 24 | $1.7B | $1.2B |
| Q1 26 | — | $97.7M | ||
| Q4 25 | $955.8M | $155.2M | ||
| Q3 25 | $853.0M | $115.3M | ||
| Q2 25 | $888.8M | $85.9M | ||
| Q1 25 | $813.8M | $109.9M | ||
| Q4 24 | $801.0M | $95.5M | ||
| Q3 24 | $747.9M | $92.3M | ||
| Q2 24 | $665.4M | $-63.3M |
| Q1 26 | — | — | ||
| Q4 25 | 62.9% | — | ||
| Q3 25 | 64.6% | — | ||
| Q2 25 | 65.2% | — | ||
| Q1 25 | 63.7% | — | ||
| Q4 24 | 63.8% | — | ||
| Q3 24 | 64.2% | — | ||
| Q2 24 | 64.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | 41.5% | 14.4% | ||
| Q3 25 | 42.4% | 10.7% | ||
| Q2 25 | 44.7% | 8.2% | ||
| Q1 25 | 42.8% | 10.8% | ||
| Q4 24 | 41.4% | 9.5% | ||
| Q3 24 | 43.4% | 9.4% | ||
| Q2 24 | 41.4% | -6.7% |
| Q1 26 | — | 7.2% | ||
| Q4 25 | 38.4% | 11.4% | ||
| Q3 25 | 37.0% | 8.5% | ||
| Q2 25 | 40.3% | 6.5% | ||
| Q1 25 | 40.6% | 8.6% | ||
| Q4 24 | 41.5% | 7.6% | ||
| Q3 24 | 41.3% | 7.4% | ||
| Q2 24 | 39.4% | -5.3% |
| Q1 26 | — | $1.58 | ||
| Q4 25 | $0.74 | $2.52 | ||
| Q3 25 | $0.67 | $1.85 | ||
| Q2 25 | $0.70 | $1.36 | ||
| Q1 25 | $0.64 | $1.76 | ||
| Q4 24 | $-4.17 | $1.53 | ||
| Q3 24 | $2.33 | $1.47 | ||
| Q2 24 | $2.08 | $-1.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.0B | $451.8M |
| Total DebtLower is stronger | — | $901.4M |
| Stockholders' EquityBook value | $12.4B | $3.6B |
| Total Assets | $19.4B | $15.3B |
| Debt / EquityLower = less leverage | — | 0.25× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $451.8M | ||
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | $2.8B | — | ||
| Q3 24 | $3.2B | — | ||
| Q2 24 | $2.4B | — |
| Q1 26 | — | $901.4M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $507.9M | ||
| Q3 24 | — | $508.2M | ||
| Q2 24 | — | $508.8M |
| Q1 26 | — | $3.6B | ||
| Q4 25 | $12.4B | $3.6B | ||
| Q3 25 | $11.9B | $3.5B | ||
| Q2 25 | $10.9B | $3.4B | ||
| Q1 25 | $10.1B | $3.3B | ||
| Q4 24 | $10.0B | $3.1B | ||
| Q3 24 | $9.2B | $3.2B | ||
| Q2 24 | $8.4B | $2.9B |
| Q1 26 | — | $15.3B | ||
| Q4 25 | $19.4B | $15.2B | ||
| Q3 25 | $18.0B | $15.0B | ||
| Q2 25 | $16.5B | $14.5B | ||
| Q1 25 | $14.5B | $14.2B | ||
| Q4 24 | $14.0B | $13.5B | ||
| Q3 24 | $12.8B | $13.5B | ||
| Q2 24 | $11.6B | $12.6B |
| Q1 26 | — | 0.25× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.16× | ||
| Q3 24 | — | 0.16× | ||
| Q2 24 | — | 0.17× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.3B | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 1.32× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $376.3M | ||
| Q3 25 | $1.3B | $405.8M | ||
| Q2 25 | $1.2B | $166.9M | ||
| Q1 25 | $641.7M | $284.0M | ||
| Q4 24 | $1.0B | $332.2M | ||
| Q3 24 | $1.2B | $387.4M | ||
| Q2 24 | $989.0M | $266.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | $366.3M | ||
| Q3 25 | $1.2B | $397.3M | ||
| Q2 25 | $1.2B | $159.7M | ||
| Q1 25 | $613.3M | $271.0M | ||
| Q4 24 | — | $324.7M | ||
| Q3 24 | $1.2B | $378.0M | ||
| Q2 24 | $985.9M | $258.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 26.8% | ||
| Q3 25 | 53.6% | 29.2% | ||
| Q2 25 | 53.3% | 12.0% | ||
| Q1 25 | 30.6% | 21.1% | ||
| Q4 24 | — | 25.8% | ||
| Q3 24 | 64.5% | 30.4% | ||
| Q2 24 | 58.3% | 21.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.7% | ||
| Q3 25 | 1.3% | 0.6% | ||
| Q2 25 | 1.1% | 0.5% | ||
| Q1 25 | 1.4% | 1.0% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | 0.4% | 0.8% | ||
| Q2 24 | 0.2% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 1.32× | 2.42× | ||
| Q3 25 | 1.49× | 3.52× | ||
| Q2 25 | 1.35× | 1.94× | ||
| Q1 25 | 0.79× | 2.58× | ||
| Q4 24 | 1.29× | 3.48× | ||
| Q3 24 | 1.57× | 4.20× | ||
| Q2 24 | 1.49× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ANET
| Products | $2.1B | 84% |
| Services | $392.1M | 16% |
SIGI
Segment breakdown not available.
