Arista Networks (ANET) vs Extreme Networks (EXTR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Arista Networks (ANET) has outperformed Extreme Networks (EXTR) over the past year, gaining 48.6% versus a gain of 22.7%. Over five years, ANET leads with a +786.0% price change compared with +141.9% for EXTR. Arista Networks is the larger company by market cap ($272.21 billion vs $3.25 billion), about 83.7 times the size.
On valuation, Extreme Networks trades at a lower forward P/E (16.2x vs 41.5x for Arista Networks). Arista Networks converts more of its revenue into profit, with a net margin of 39.0% versus 3.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ANET | EXTR |
|---|---|---|
| Share price | $215.83 | $24.60 |
| Market cap | $272.21B | $3.25B |
| 1-day change | +0.22% | +0.24% |
| YTD return | +64.72% | +47.75% |
| 1-year return | +48.55% | +22.69% |
| 5-year return | +785.96% | +141.89% |
| P/E ratio (TTM) | 68.09 | 79.35 |
| Forward P/E | 41.49 | 16.18 |
| EPS (TTM) | $3.17 | $0.31 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $9.01B | $1.28B |
| Revenue growth (YoY) | +28.60% | +12.59% |
| Net income (latest FY) | $3.51B | $42.12M |
| Gross margin | 64.06% | 61.48% |
| Operating margin | 42.82% | 4.88% |
| Net margin | 38.99% | 3.28% |
| 52-week high | $217.32 | $33.73 |
| 52-week low | $114.52 | $13.48 |
| Distance from 52-week high | -0.68% | -27.07% |
| Analyst consensus | strong_buy | none |
| Avg. price target upside | +12.38% | +36.18% |
| Average volume | 6.24M | 1.63M |
| Shares outstanding | 1.26B | 132.17M |
| Employees | 5,115 | 2,894 |
| Sector | Telecommunications | Telecommunications |
| Industry | Computer Communications Equipment | Computer Communications Equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Arista Networks is about 83.7 times larger than Extreme Networks by market value ($272.21B vs $3.25B).
- ANET has outperformed EXTR by 25.9 percentage points over the past year.
- Arista Networks is more profitable, keeping 39.0 cents of every revenue dollar as net income versus 3.3 cents for Extreme Networks.
- Arista Networks grew revenue faster in its latest fiscal year (+28.60% vs +12.59%).
About Arista Networks
ANET stock →Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for AI, data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
Telecommunications · Computer Communications Equipment · 5,115 employees
About Extreme Networks
EXTR stock →Extreme Networks, Inc., together with its subsidiaries, develops, markets, and sells network infrastructure equipment and related software in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It offers ExtremeCloud IQ, a machine learning/AI powered, wired and wireless cloud network management solution that offers visibility and control over users, devices, and applications; ExtremeCloud IQ-Site Engine which extends cloud management to non-cloud native and multi-vendor devices; ExtremeCloud IQ Essentials provides wireless intrusion prevention system, location services, and guest management services; and ExtremeCloud SD-WAN, a software-defined wide area networks solution offered as an all-inclusive subscription, which includes hardware, the cloud-based SD-WAN service, support and maintenance, and customer success support.
Telecommunications · Computer Communications Equipment · 2,894 employees
ANET vs EXTR FAQ
Which is bigger, Arista Networks or Extreme Networks?
Arista Networks (ANET) is larger, with a market capitalization of $272.21B compared with $3.25B for Extreme Networks (EXTR).
Which stock has performed better over the past year, ANET or EXTR?
ANET returned +48.55% over the past 12 months, compared with +22.69% for EXTR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ANET or EXTR?
ANET has the lower trailing P/E at 68.1, versus 79.4 for EXTR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Arista Networks and Extreme Networks in the same industry?
Yes. Both are classified in the Computer Communications Equipment industry within the Telecommunications sector.