Arista Networks, Inc. (ANET)
NYSE: ANET · IEX Real-Time Price · USD
289.98
+1.57 (0.54%)
At close: Mar 28, 2024, 4:00 PM
289.79
-0.19 (-0.07%)
After-hours: Mar 28, 2024, 7:59 PM EDT

Arista Networks Income Statement

Millions USD. Fiscal year is Jan - Dec.
Quarter Ended 2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-31 +5 Quarters
Revenue
1,5401,5091,4591,3511,2761,1771,052877.07824.46748.7707.32667.56648.48605.43540.57523.03552.55654.42608.32595.42595.73563.31519.85472.49467.87437.63405.21335.48327.97290.26268.74242.2245.45217.55195.55179.05173.49155.46137.95117.21
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Revenue Growth (YoY)
20.77%28.27%38.70%54.08%54.71%57.18%48.72%31.38%27.14%23.66%30.85%27.63%17.36%-7.49%-11.14%-12.16%-7.25%16.17%17.02%26.02%27.33%28.72%28.29%40.84%42.66%50.77%50.78%38.51%33.62%33.42%37.43%35.27%41.48%39.94%41.76%52.76%51.17%52.98%65.24%91.05%
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Cost of Revenue
541.21567.04574.8546.84506.95466.82408.63323.22301.75270.08253.14242.29233.9220.47196.48184.78196.24237.14218.13214.85220.73201.73185.96169.57160.7157.02145.43121.27117.81103.8497.2987.1189.2875.867.6661.2957.0554.5144.5735.89
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Gross Profit
999.23942.42884.13804.51768.61709.98643.27553.85522.71478.62454.18425.27414.58384.96344.09338.25356.3417.27390.19380.57374.99361.58333.88302.92307.17280.62259.78214.21210.16186.42171.45155.09156.17141.75127.89117.75116.44100.9693.3881.31
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Selling, General & Admin
147.83127.37124.39118.52109.26104.83102.25103.8599.0592.2391.5286.4986.168.5265.5675.4470.2569.9469.0666.5662.9163.2264.6161.8260.660.1861.9559.1861.2652.7549.2742.8449.3651.745.0838.6633.0930.8527.8425.89
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Research & Development
211.48212.35229.68201.41190.42187.81178.16172.01157.88153.09143.29132.49133.85128.05111.54113.15110.06118.73114.3119.67118.44117.59104.08102.36107.1879.6181.1981.6171.470.6569.0262.5257.4158.7549.9543.3444.3436.2334.8933.45
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Other Operating Expenses
000000000000000000000040500000000000000000
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Operating Expenses
359.31339.72354.07319.93299.69292.63280.41275.86256.93245.32234.81218.98219.95196.57177.1188.59180.31188.67183.35186.23181.35180.81573.69164.18167.78139.79143.14140.79132.66123.4118.29105.36106.77110.4595.038277.4467.0862.7359.33
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Operating Income
639.91602.7530.06484.58468.92417.35362.85277.99265.79233.29219.37206.29194.64188.4166.99149.66175.99228.61206.84194.34193.64180.77-239.8138.74139.39140.83116.6373.4277.563.0253.1649.7449.431.332.8635.763933.8730.6621.98
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Interest Expense / Income
000000000000000000000000.69-2.040.70.620.720.920.740.730.750.750.750.830.820.770.762.22.54
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Other Expense / Income
-54.48-41.82-56.34-12.15-16.93-6.820.53-31.48-1.5-1.35-1.72-1.58-5.54-13.22-8.26-12.16-11.07-19.07-13.71-12.22-4.75-8.532.09-4.75-0.13-1.95-0.89-0.76-0.27-0.34-0.13-0.010.780.38-0.030.932.861.514.175.96
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Pretax Income
694.39644.51586.4496.72485.85424.16362.32309.47267.29234.64221.08207.87200.18201.62175.25161.82187.06247.68220.55206.56198.39189.3-241.89142.81141.56142.09116.973.4676.8462.6352.564947.8730.1732.0634.0135.3831.6124.2913.48
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Income Tax
80.7699.1894.5260.2558.7670.1763.2237.2127.9910.3424.227.517.2233.2430.4523.39-73.5238.8831.45.6528.1720.87-86.7-1.6437.88.5514.45-9.2318.3511.6713.9414.084.621.878.459.977.0510.4210.077.12
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Net Income
613.64545.33491.89436.47427.09354299.1272.26239.3224.31196.89180.37182.96168.38144.79138.43260.58208.8189.15200.91170.22168.44-155.19144.45103.76133.54102.4582.6958.4950.9638.6234.9243.2528.323.6124.0328.3321.1914.216.36
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Net Income Growth
43.68%54.05%64.46%60.32%78.48%57.82%51.91%50.95%30.79%33.22%35.98%30.29%-29.79%-19.36%-23.45%-31.10%53.09%23.96%-39.09%64.06%26.13%-74.68%77.39%162.04%165.31%136.80%35.23%80.07%63.58%45.31%52.65%33.59%66.11%277.74%310.44%262.88%187.23%103.45%
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Shares Outstanding (Basic)
312310309307306305307308308307306305303304303305305306306304302300298296293290288284280276273271268267262259194250154116
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Shares Outstanding (Diluted)
319318316316316314317320320320319318317317317320321323325325323324298323321317315310298294291289288288285283218279176135
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Shares Change
1.03%1.03%-0.03%-1.27%-1.38%-1.64%-0.71%0.36%0.89%0.75%0.52%-0.40%-1.12%-1.78%-2.50%-1.55%-0.79%-0.33%9.17%0.59%0.65%2.14%-5.40%4.13%7.88%7.99%8.16%7.34%3.48%2.18%2.25%2.11%31.80%3.08%61.64%109.14%68.07%129.31%50.61%20.58%
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EPS (Basic)
1.971.761.591.421.391.160.980.880.780.730.640.590.600.560.480.460.860.680.620.660.570.56-0.520.490.350.460.350.290.210.180.140.130.160.100.090.090.120.090.090.06
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EPS (Diluted)
1.921.721.551.381.351.130.940.850.740.700.620.570.580.530.460.430.810.650.580.620.530.52-0.520.450.320.420.330.270.200.170.130.120.150.100.080.090.110.070.090.05
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EPS Growth
42.22%52.21%64.89%62.35%82.43%61.43%51.61%49.12%27.59%32.08%35.37%31.94%-28.83%-18.08%-21.44%-30.10%54.65%24.42%-37.95%63.16%23.81%-67.16%63.13%144.19%144.36%123.33%32.00%75.51%60.24%41.18%36.36%30.67%-2.35%70.00%92.98%50.00%88.89%66.67%
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Free Cash Flow
520.45687.77422.51368.8530.01123.6792.23202.26215.96226.69258.9249.58179.24212.6136.15191.74324.73264.72192.98164.86289.6-123.37123.85189.21180.54203.2474.34158.2260.63-37.0160.7668.5147.755.4448.9715.6330.8332.5540.7814.59
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Free Cash Flow Per Share
1.672.221.371.200.100.410.300.660.700.740.850.820.590.700.450.631.060.870.630.540.96-0.410.420.640.620.700.260.560.22-0.130.220.250.550.020.190.060.160.130.270.13
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Gross Margin
64.87%62.43%60.60%59.53%60.26%60.33%61.15%63.15%63.40%63.93%64.21%63.71%63.93%63.58%63.65%64.67%64.48%63.76%64.14%63.92%62.95%64.19%64.23%64.11%65.65%64.12%64.11%63.85%64.08%64.22%63.80%64.03%63.63%65.16%65.40%65.77%67.12%64.94%67.69%69.38%
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Operating Margin
41.54%39.93%36.33%35.86%36.76%35.46%34.50%31.70%32.24%31.16%31.01%30.90%30.01%31.12%30.89%28.61%31.85%34.93%34.00%32.64%32.51%32.09%-46.13%29.36%29.79%32.18%28.78%21.88%23.63%21.71%19.78%20.54%20.13%14.39%16.80%19.97%22.48%21.79%22.22%18.75%
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Profit Margin
39.84%36.13%33.72%32.30%33.48%30.08%28.43%31.04%29.02%29.96%27.84%27.02%28.21%27.81%26.79%26.47%47.16%31.91%31.09%33.74%28.57%29.90%-29.85%30.57%22.18%30.51%25.28%24.65%17.83%17.56%14.37%14.42%17.62%13.01%12.07%13.42%16.33%13.63%10.30%5.43%
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Free Cash Flow Margin
33.79%45.56%28.96%27.30%2.35%10.51%8.77%23.06%26.19%30.28%36.60%37.39%27.64%35.12%25.19%36.66%58.77%40.45%31.72%27.69%48.61%-21.90%23.82%40.04%38.59%46.44%18.35%47.16%18.49%-12.75%22.61%28.28%60.20%2.50%25.04%8.73%17.77%20.94%29.56%12.44%
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Effective Tax Rate
11.63%15.39%16.12%12.13%12.09%16.54%17.45%12.02%10.47%4.40%10.94%13.23%8.60%16.49%17.38%14.45%-39.30%15.70%14.24%2.73%14.20%11.02%--1.15%26.70%6.01%12.36%-12.57%23.88%18.63%26.52%28.73%9.65%6.19%26.35%29.33%19.92%32.97%41.48%52.80%
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EBITDA
713.41665.98609.24522.26508.19446381.87327.09284.13251.6237.83224.77207.73216.81190.36176.1199.14259.92233.21218.61207.62196.42-236.26149.19144.81148.11122.6279.1282.768.5158.1754.5352.5634.436.2437.7238.835.0228.9218.31
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EBITDA Margin
46.31%44.12%41.76%38.65%39.84%37.90%36.30%37.29%34.46%33.60%33.62%33.67%32.03%35.81%35.21%33.67%36.04%39.72%38.34%36.71%34.85%34.87%-45.45%31.58%30.95%33.84%30.26%23.58%25.22%23.60%21.65%22.51%21.41%15.81%18.53%21.07%22.37%22.53%20.96%15.62%
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Depreciation & Amortization
19.0221.4722.8425.5422.3421.8319.5517.6216.8416.9616.7416.97.5515.1915.1114.2812.0712.2412.6612.059.237.115.635.75.295.325.094.944.945.154.884.783.953.483.352.892.662.652.432.29
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EBIT
694.39644.51586.4496.72485.85424.16362.32309.47267.29234.64221.08207.87200.18201.62175.25161.82187.06247.68220.55206.56198.39189.3-241.89143.49139.52142.79117.5274.1877.7663.3753.2949.7548.6230.9232.8934.8336.1532.3726.4916.02
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EBIT Margin
45.08%42.70%40.19%36.76%38.09%36.04%34.44%35.28%32.42%31.34%31.26%31.14%30.87%33.30%32.42%30.94%33.85%37.85%36.26%34.69%33.30%33.61%-46.53%30.37%29.82%32.63%29.00%22.11%23.71%21.83%19.83%20.54%19.81%14.21%16.82%19.45%20.84%20.82%19.20%13.67%
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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).