Arista Networks Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 2011
Revenue	5,860	4,381	2,948	2,318	2,411	2,151	1,646	1,129	837.59	584.11	Upgrade
Revenue Growth (YoY)	33.75%	48.62%	27.21%	-3.87%	12.05%	30.69%	45.79%	34.81%	43.40%	61.70%	Upgrade
Cost of Revenue	2,230	1,706	1,067	835.63	866.37	777.99	584.42	406.05	294.03	192.02	Upgrade
Gross Profit	3,630	2,676	1,881	1,482	1,544	1,373	1,062	723.12	543.56	392.09	Upgrade
Selling, General & Admin	518.11	420.2	369.29	295.61	275.81	252.56	241.9	206.13	184.8	117.67	Upgrade
Research & Development	854.92	728.39	586.75	486.59	462.76	442.47	349.59	273.58	209.45	148.91	Upgrade
Other Operating Expenses	0	0	0	0	0	405	0	0	0	0	Upgrade
Operating Expenses	1,373	1,149	956.04	782.2	738.56	1,100	591.5	479.71	394.25	266.58	Upgrade
Operating Income	2,257	1,527	924.74	699.68	805.77	273.35	470.27	243.41	149.31	125.51	Upgrade
Interest Expense / Income	0	0	0	0	0	0	0	3.14	3.15	6.28	Upgrade
Other Expense / Income	-164.78	-54.69	-6.14	-39.18	-56.07	-15.27	-3.69	-0.73	2.13	15.69	Upgrade
Pretax Income	2,422	1,582	930.88	738.86	861.85	288.61	473.96	241	144.02	103.55	Upgrade
Income Tax	334.71	229.35	90.03	104.31	2.4	-39.31	51.56	58.04	24.91	34.66	Upgrade
Net Income	2,087	1,352	840.85	634.56	859.44	327.93	422.4	182.97	119.12	68.89	Upgrade
Net Income Growth	54.34%	60.84%	32.51%	-26.17%	162.08%	-22.37%	130.86%	53.60%	72.91%	231.56%	Upgrade
Shares Outstanding (Basic)	309	306	307	304	305	299	289	275	264	194	Upgrade
Shares Outstanding (Diluted)	317	316	319	318	324	323	316	293	286	218	Upgrade
Shares Change	0.21%	-0.87%	0.43%	-1.75%	0.04%	2.36%	7.86%	2.54%	30.81%	81.66%	Upgrade
EPS (Basic)	6.75	4.41	2.74	2.09	2.82	1.10	1.46	0.67	0.45	0.35	Upgrade
EPS (Diluted)	6.58	4.27	2.63	2.00	2.66	1.01	1.34	0.63	0.42	0.32	Upgrade
EPS Growth	54.10%	62.36%	31.50%	-24.81%	162.07%	-24.08%	113.92%	49.88%	29.10%	79.44%	Upgrade
Free Cash Flow	2,000	448.17	951.12	719.73	947.28	479.29	616.35	152.88	217.8	118.74	Upgrade
Free Cash Flow Per Share	6.46	1.46	3.10	2.37	3.10	1.60	2.13	0.56	0.82	0.61	Upgrade
Gross Margin	61.95%	61.07%	63.80%	63.94%	64.06%	63.84%	64.50%	64.04%	64.90%	67.13%	Upgrade
Operating Margin	38.52%	34.86%	31.37%	30.19%	33.42%	12.71%	28.57%	21.56%	17.83%	21.49%	Upgrade
Profit Margin	35.62%	30.87%	28.52%	27.38%	35.65%	15.24%	25.66%	16.20%	14.22%	11.79%	Upgrade
Free Cash Flow Margin	34.12%	10.23%	32.26%	31.06%	39.29%	22.28%	37.44%	13.54%	26.00%	20.33%	Upgrade
Effective Tax Rate	13.82%	14.50%	9.67%	14.12%	0.28%	-13.62%	10.88%	24.08%	17.29%	33.47%	Upgrade
EBITDA	2,511	1,663	998.33	790.99	910.88	316.28	494.6	263.89	160.85	119.85	Upgrade
EBITDA Margin	42.85%	37.96%	33.86%	34.13%	37.78%	14.70%	30.05%	23.37%	19.20%	20.52%	Upgrade
Depreciation & Amortization	88.87	81.35	67.45	52.13	49.03	27.67	20.64	19.75	13.67	10.02	Upgrade
EBIT	2,422	1,582	930.88	738.86	861.85	288.61	473.96	244.14	147.17	109.83	Upgrade
EBIT Margin	41.33%	36.10%	31.58%	31.88%	35.75%	13.42%	28.79%	21.62%	17.57%	18.80%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).