Arista Networks Inc (ANET)

Arista Networks Balance Sheet

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

Fiscal Quarter	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	Q2 2020
Period Ending	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	Jun 30, 2020
Cash & Equivalents	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	800.18
Short-Term Investments	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	1,982
Cash & Short-Term Investments	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	2,782
Cash Growth	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%	23.21%
Accounts Receivable	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	383.23
Receivables	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	383.23
Inventory	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	338.74
Prepaid Expenses	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	15.68
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	57.47
Total Current Assets	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	3,577
Property, Plant & Equipment	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	114.55
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	4.15
Goodwill	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	84.97
Other Intangible Assets	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	83.56
Long-Term Deferred Tax Assets	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	446.25
Other Long-Term Assets	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	25.49
Total Assets	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	4,336
Accounts Payable	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	122.87
Accrued Expenses	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	92.15
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	1.85
Current Unearned Revenue	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	357.13
Other Current Liabilities	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	66.19
Total Current Liabilities	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	640.18
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	74.26
Long-Term Unearned Revenue	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	287.65
Long-Term Deferred Tax Liabilities	-	-	-	-	-	-	-	-	-	0.04	-	13.45	51.05	129.07	214.26	216.75	225.92	227.94	247.71	251.29
Other Long-Term Liabilities	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	45.98
Total Liabilities	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	1,299
Common Stock	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	0.01
Additional Paid-In Capital	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	1,185
Retained Earnings	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	1,844
Comprehensive Income & Other	-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	7.82
Shareholders' Equity	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	3,036
Total Liabilities & Equity	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	4,336
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	74.26
Net Cash (Debt)	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	2,708
Net Cash Growth	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%	25.73%
Net Cash Per Share	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	2.13
Filing Date Shares Outstanding	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	1,216
Total Common Shares Outstanding	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	1,215
Working Capital	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	2,937
Book Value Per Share	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	2.50
Tangible Book Value	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	2,868
Tangible Book Value Per Share	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	2.36
Land	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	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	108.79
Construction In Progress	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	0.49
Leasehold Improvements	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	31.22

Updated May 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q