Arista Networks Inc (BIT:1ANET)

Arista Networks Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	7,951	7,003	5,860	4,381	2,948	2,318
Revenue Growth (YoY)	25.97%	19.50%	33.75%	48.62%	27.21%	-3.87%
Cost of Revenue	2,844	2,512	2,230	1,706	1,067	835.63
Gross Profit	5,107	4,491	3,630	2,676	1,881	1,482
Selling, General & Admin	593.77	549.97	518.11	420.2	369.29	295.61
Research & Development	1,084	996.72	854.92	728.39	586.75	486.59
Operating Income	3,430	2,945	2,257	1,527	924.74	699.68
Total Non-Operating Income (Expense)	377.14	320.42	164.78	54.69	6.14	39.18
Pretax Income	3,807	3,265	2,422	1,582	930.88	738.86
Provision for Income Taxes	555.5	412.98	334.71	229.35	90.03	104.31
Net Income	3,252	2,852	2,087	1,352	840.85	634.56
Net Income to Common	3,252	2,852	2,087	1,352	840.85	634.56
Net Income Growth	32.06%	36.64%	54.34%	60.84%	32.51%	-26.20%
Shares Outstanding (Basic)	1,259	1,256	1,237	1,226	1,226	1,216
Shares Outstanding (Diluted)	1,279	1,281	1,269	1,266	1,277	1,271
Shares Change (YoY)	0.21%	0.99%	0.21%	-0.87%	0.43%	-1.75%
EPS (Basic)	2.59	2.27	1.69	1.10	0.69	0.52
EPS (Diluted)	2.55	2.23	1.65	1.07	0.66	0.50
EPS Growth	31.78%	35.15%	54.21%	62.74%	31.50%	-24.81%
Free Cash Flow	3,975	3,676	2,000	448.17	951.12	719.73
Free Cash Flow Growth	8.14%	83.85%	346.17%	-52.88%	32.15%	-24.02%
Free Cash Flow Per Share	3.11	2.87	1.58	0.35	0.74	0.57
Gross Margin	64.24%	64.13%	61.95%	61.07%	63.80%	63.94%
Operating Margin	43.14%	42.05%	38.52%	34.86%	31.37%	30.19%
Profit Margin	40.89%	40.73%	35.62%	30.87%	28.52%	27.38%
FCF Margin	50.00%	52.49%	34.12%	10.23%	32.26%	31.06%
EBITDA	3,487	3,007	2,328	1,590	975.07	734.84
EBITDA Margin	43.86%	42.93%	39.72%	36.29%	33.08%	31.71%
EBIT	3,430	2,945	2,257	1,527	924.74	699.68
EBIT Margin	43.14%	42.05%	38.52%	34.86%	31.37%	30.19%
Effective Tax Rate	14.59%	12.65%	13.82%	14.50%	9.67%	14.12%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.