Arista Networks Inc (ANET)

Arista Networks Balance Sheet

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

Fiscal Quarter	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020
Period Ending	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020
Cash & Equivalents	2,226	1,845	2,762	3,175	2,429	2,092	1,939	1,749	1,262	956.34	671.71	716.25	493.25	635.03	620.81	630.98	893.69	843.34	893.22	970.35
Short-Term Investments	6,619	6,305	5,541	4,253	3,845	3,358	3,069	2,707	2,479	2,375	2,352	2,264	2,409	2,789	2,788	2,755	2,388	2,184	1,980	1,876
Cash & Short-Term Investments	8,844	8,150	8,303	7,428	6,274	5,450	5,008	4,456	3,741	3,331	3,024	2,980	2,902	3,424	3,408	3,386	3,282	3,028	2,873	2,846
Cash Growth	40.97%	49.54%	65.81%	66.72%	67.70%	63.60%	65.62%	49.51%	28.92%	-2.71%	-11.28%	-12.00%	-11.57%	13.09%	18.64%	19.00%	17.97%	14.82%	5.45%	16.30%
Accounts Receivable	1,624	1,436	1,140	1,131	1,227	1,090	1,034	833.37	779.73	862.88	923.1	651.51	585.79	648.61	516.51	395.59	364.21	380.47	389.54	300.22
Receivables	1,624	1,436	1,140	1,131	1,227	1,090	1,034	833.37	779.73	862.88	923.1	651.51	585.79	648.61	516.51	395.59	364.21	380.47	389.54	300.22
Inventory	2,059	1,957	1,835	1,884	1,854	2,025	1,945	2,092	2,163	1,927	1,452	1,222	950.91	789.83	696.43	599.99	565.59	504.65	498.45	448.13
Prepaid Expenses	976.4	733.5	632.29	-	487.79	361.34	412.52	-	-	24.55	152.17	33.59	24.31	24.77	18.53	17.64	17.4	16.72	15.32	15.75
Other Current Assets	-	-	-	434.99	-	-	-	274.11	167.54	125.35	-	144.04	266.29	218.06	172.89	124.26	99.5	73.4	60.82	43.88
Total Current Assets	13,504	12,276	11,911	10,878	9,842	8,926	8,400	7,655	6,852	6,271	5,551	5,032	4,729	5,105	4,813	4,524	4,328	4,003	3,837	3,654
Property, Plant & Equipment	152.3	123.9	150.8	93.03	96.28	97.95	157.47	161.48	163.04	161.16	148.4	154.65	153.69	154.06	143.82	144.75	102.86	105.42	109.52	112.6
Long-Term Investments	-	-	81.32	81.32	-	-	62.29	62.29	61.79	39.4	39.47	39.68	38.26	38.63	20.25	18.25	13.65	10.31	8.31	4.15
Goodwill	416.5	268.5	268.53	268.53	268.53	268.53	268.53	268.53	268.53	265.92	265.92	271.02	273.49	216.92	188.4	188.4	188.28	188.28	189.7	84.97
Other Intangible Assets	319.8	56.4	62.01	68.7	75.39	82.08	88.77	95.46	103.58	112.89	122.21	131.52	140.84	105.24	93.56	100.71	108	115.36	122.79	77.75
Long-Term Deferred Tax Assets	1,803	1,544	1,440	1,318	1,177	1,026	945.79	793.02	705.86	646.07	574.91	473.81	442.46	446.35	442.3	428.76	433.67	438.28	441.53	443.23
Other Long-Term Assets	339.6	245.2	130.03	138.98	163.54	149.48	33.72	33.27	31.7	47.09	73.75	59.66	46.61	41.82	33.44	32.52	33.43	33.19	30.07	22.81
Total Assets	16,534	14,515	14,044	12,847	11,623	10,550	9,957	9,069	8,186	7,543	6,775	6,162	5,825	6,108	5,734	5,437	5,208	4,894	4,739	4,399
Accounts Payable	543.9	389.1	381.08	289.16	297.83	223.31	435.06	268.97	351.92	330.17	232.57	278.47	275.09	204.68	202.64	135.25	145.16	136.89	134.24	163.1
Accrued Expenses	380.7	263.1	435.28	323.99	320.07	270.59	407.3	410.07	363.04	351.76	292.49	226.3	197.05	184.74	216.23	164.9	154.25	112.42	134.04	101.75
Current Portion of Leases	-	-	22.14	24.1	23.5	23.7	21.11	-	-	-	19.88	30.23	-	-	20.3	-	-	-	17.77	-
Current Income Taxes Payable	-	249.1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.87
Current Unearned Revenue	2,871	2,139	1,793	1,660	1,389	1,057	974.4	751.18	673.01	718.6	682.63	649.39	739.16	819.24	632.28	547.76	518.01	493.7	430.76	352.4
Other Current Liabilities	255.6	81.3	100.74	137.53	131.83	208.16	81.56	416.51	267.83	184.37	65.96	70.53	66.73	160.36	38.39	45.48	42.51	43.53	51.43	45.66
Total Current Liabilities	4,051	3,122	2,732	2,434	2,162	1,783	1,919	1,847	1,656	1,585	1,294	1,255	1,278	1,369	1,110	893.39	859.94	786.53	768.24	664.78
Long-Term Leases	-	-	37.5	45.7	38.1	42.2	44.41	48.04	51.7	55.29	43.96	47.07	51.79	57.47	56.53	61.63	64.3	67.77	72.4	74.9
Long-Term Unearned Revenue	1,379	1,110	1,159	994.7	874.27	745.55	665.04	563.86	521.99	478.72	462.06	390.43	395.93	402.93	390.42	340.25	311.43	306.8	254.57	280.18
Long-Term Deferred Tax Liabilities	-	-	-	-	-	-	-	-	-	-	0.04	-	13.45	51.05	129.07	214.26	216.75	225.92	227.94	247.71
Other Long-Term Liabilities	202.6	163.6	120.17	126.06	118.18	117.05	108.69	104.85	98.97	94.97	89.99	84.38	79.56	74.55	69.98	62.56	58.03	55.37	95.48	47.92
Total Liabilities	5,633	4,396	4,049	3,601	3,192	2,688	2,738	2,563	2,328	2,214	1,890	1,777	1,819	1,955	1,756	1,572	1,510	1,442	1,419	1,315
Common Stock	0.1	0.1	0.13	0.03	0.03	0.03	0.13	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.01	0.01	0.01	0.03	0.01
Additional Paid-In Capital	2,636	2,552	2,465	2,371	2,263	2,185	2,108	2,028	1,928	1,857	1,781	1,718	1,639	1,591	1,530	1,474	1,395	1,346	1,292	1,240
Retained Earnings	8,262	7,569	7,542	6,865	6,182	5,689	5,114	4,500	3,955	3,493	3,139	2,715	2,408	2,593	2,457	2,394	2,304	2,107	2,028	1,845
Comprehensive Income & Other	3.8	-1.9	-13.19	9.59	-15.06	-11.93	-3.33	-23.17	-25.21	-21.51	-33.91	-47.13	-41.32	-30.5	-8.3	-2	-1.14	-0.86	0.24	-0.93
Shareholders' Equity	10,902	10,119	9,995	9,246	8,431	7,862	7,219	6,506	5,858	5,329	4,886	4,385	4,006	4,153	3,979	3,865	3,698	3,451	3,320	3,084
Total Liabilities & Equity	16,534	14,515	14,044	12,847	11,623	10,550	9,957	9,069	8,186	7,543	6,775	6,162	5,825	6,108	5,734	5,437	5,208	4,894	4,739	4,399
Total Debt	-	-	59.64	69.8	61.6	65.9	65.52	48.04	51.7	55.29	63.84	77.3	51.79	57.47	76.83	61.63	64.3	67.77	90.17	74.9
Net Cash (Debt)	8,844	8,150	8,244	7,359	6,212	5,384	4,942	4,408	3,689	3,276	2,960	2,903	2,850	3,366	3,331	3,325	3,217	2,960	2,783	2,771
Net Cash Growth	42.37%	51.37%	66.80%	66.95%	68.38%	64.35%	66.98%	51.84%	29.45%	-2.69%	-11.15%	-12.70%	-11.42%	13.73%	19.72%	19.99%	18.83%	15.69%	6.00%	18.20%
Net Cash Per Share	6.96	6.37	6.42	5.74	4.85	4.21	3.88	3.47	2.91	2.60	2.35	2.31	2.25	2.63	2.60	2.60	2.52	2.32	2.19	2.18
Filing Date Shares Outstanding	1,257	1,256	1,261	1,260	1,257	1,253	1,251	1,244	1,238	1,233	1,226	1,222	1,217	1,233	1,231	1,229	1,227	1,221	1,221	1,211
Total Common Shares Outstanding	1,257	1,257	1,261	1,259	1,256	1,254	1,249	1,244	1,237	1,232	1,228	1,222	1,218	1,233	1,231	1,230	1,227	1,220	1,219	1,210
Working Capital	9,452	9,155	9,179	8,444	7,680	7,143	6,481	5,808	5,196	4,686	4,257	3,777	3,451	3,736	3,703	3,631	3,468	3,216	3,069	2,989
Book Value Per Share	8.67	8.05	7.92	7.34	6.71	6.27	5.78	5.23	4.73	4.32	3.98	3.59	3.29	3.37	3.23	3.14	3.01	2.83	2.72	2.55
Tangible Book Value	10,165	9,794	9,664	8,909	8,087	7,512	6,862	6,142	5,485	4,950	4,498	3,983	3,591	3,831	3,697	3,576	3,402	3,148	3,008	2,921
Tangible Book Value Per Share	8.09	7.79	7.66	7.07	6.44	5.99	5.49	4.94	4.43	4.02	3.66	3.26	2.95	3.11	3.00	2.91	2.77	2.58	2.47	2.41
Land	47.3	47.3	47.19	46.87	45.88	45.16	44.65	44.02	42.57	42.34	41.5	40.6	40.49	40.34	40.15	40.06	-	-	-	-
Machinery	243.2	236.3	228.14	223.51	216.56	214.42	206.19	202.82	197.97	183.35	178.13	174.21	162.63	152.53	138.63	129.67	124.04	120.4	114.52	111.07
Construction In Progress	58.1	32.9	8.21	-	3.39	0.34	4.24	4.42	1.72	5.63	2.12	2	2.21	2.35	2.38	3.21	1.21	0.47	1.44	0.31
Leasehold Improvements	37.1	34.8	34.71	34.78	34.69	34.71	34.58	32.15	32.08	30.2	30.1	30.06	30.21	30.51	30.5	30.5	30.5	31.5	31.45	31.31

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q