Arista Networks, Inc.
NYSE:ANET
394.88 (USD) • At close November 4, 2024
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | 2015 Q4 | 2015 Q3 | 2015 Q2 | 2015 Q1 | 2014 Q4 | 2014 Q3 | 2014 Q2 | 2014 Q1 | 2013 Q4 | 2013 Q3 | 2013 Q2 | 2013 Q1 | 2012 Q4 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue
| 1,690.4 | 1,571.374 | 1,540.437 | 1,509.456 | 1,458.924 | 1,351.351 | 1,275.552 | 1,176.801 | 1,051.891 | 877.066 | 824.459 | 748.697 | 707.319 | 667.562 | 648.482 | 605.431 | 540.57 | 523.029 | 552.546 | 654.415 | 608.321 | 595.424 | 595.726 | 563.309 | 519.845 | 472.489 | 467.867 | 437.633 | 405.211 | 335.475 | 327.969 | 290.261 | 268.741 | 242.196 | 245.446 | 217.548 | 195.552 | 179.045 | 173.489 | 155.463 | 137.947 | 117.207 | 114.766 | 101.625 | 83.485 | 61.348 | 57.341 |
Cost of Revenue
| 593.187 | 569.995 | 541.211 | 567.037 | 574.795 | 546.844 | 506.946 | 466.821 | 408.626 | 323.221 | 301.745 | 270.082 | 253.141 | 242.29 | 233.898 | 220.469 | 196.481 | 184.778 | 196.243 | 237.141 | 218.13 | 214.854 | 220.734 | 201.726 | 185.962 | 169.57 | 160.702 | 157.016 | 145.434 | 121.265 | 117.814 | 103.841 | 97.29 | 87.106 | 89.278 | 75.8 | 67.662 | 61.291 | 57.049 | 54.506 | 44.567 | 35.893 | 37.293 | 36.589 | 29.584 | 19.22 | 15.99 |
Gross Profit
| 1,097.213 | 1,001.379 | 999.226 | 942.419 | 884.129 | 804.507 | 768.606 | 709.98 | 643.265 | 553.845 | 522.714 | 478.615 | 454.178 | 425.272 | 414.584 | 384.962 | 344.089 | 338.251 | 356.303 | 417.274 | 390.191 | 380.57 | 374.992 | 361.583 | 333.883 | 302.919 | 307.165 | 280.617 | 259.777 | 214.21 | 210.155 | 186.42 | 171.451 | 155.09 | 156.168 | 141.748 | 127.89 | 117.754 | 116.44 | 100.957 | 93.38 | 81.314 | 77.473 | 65.036 | 53.901 | 42.128 | 41.351 |
Gross Profit Ratio
| 0.649 | 0.637 | 0.649 | 0.624 | 0.606 | 0.595 | 0.603 | 0.603 | 0.612 | 0.631 | 0.634 | 0.639 | 0.642 | 0.637 | 0.639 | 0.636 | 0.637 | 0.647 | 0.645 | 0.638 | 0.641 | 0.639 | 0.629 | 0.642 | 0.642 | 0.641 | 0.657 | 0.641 | 0.641 | 0.639 | 0.641 | 0.642 | 0.638 | 0.64 | 0.636 | 0.652 | 0.654 | 0.658 | 0.671 | 0.649 | 0.677 | 0.694 | 0.675 | 0.64 | 0.646 | 0.687 | 0.721 |
Reseach & Development Expenses
| 267.482 | 208.395 | 211.481 | 212.353 | 229.676 | 201.408 | 190.423 | 187.807 | 178.158 | 172.006 | 157.879 | 153.093 | 143.293 | 132.487 | 133.847 | 128.049 | 111.544 | 113.154 | 110.063 | 118.732 | 114.295 | 119.669 | 118.439 | 117.589 | 104.078 | 102.362 | 107.18 | 79.61 | 81.194 | 81.61 | 71.398 | 70.648 | 69.02 | 62.515 | 57.413 | 58.748 | 49.947 | 43.34 | 44.344 | 36.231 | 34.888 | 33.446 | 31.352 | 26.635 | 21.086 | 19.514 | 18.548 |
General & Administrative Expenses
| 25.755 | 27.763 | 42.293 | 25.338 | 26.42 | 25.029 | 23.821 | 23.425 | 22.882 | 23.113 | 24.261 | 22.488 | 20.895 | 15.473 | 18.428 | 15.146 | 14.319 | 18.349 | 15.716 | 14.657 | 16.019 | 15.506 | 12 | 15.321 | 18.42 | 19.679 | 21.789 | 19.535 | 23.319 | 22.155 | 22.941 | 19.535 | 17.529 | 15.234 | 18.05 | 25.195 | 18.403 | 14.072 | 8.078 | 9.896 | 7.126 | 7.231 | 6.204 | 5.242 | 3.506 | 3.736 | 2.931 |
Selling & Marketing Expenses
| 104.403 | 105.08 | 105.538 | 102.033 | 97.971 | 93.492 | 85.443 | 81.401 | 79.372 | 80.739 | 74.786 | 69.74 | 70.625 | 71.02 | 67.671 | 53.372 | 51.237 | 57.086 | 54.535 | 55.279 | 53.04 | 51.053 | 50.911 | 47.903 | 46.188 | 42.14 | 38.808 | 40.64 | 38.63 | 37.027 | 38.321 | 33.216 | 31.744 | 27.606 | 31.308 | 26.508 | 26.681 | 24.587 | 25.016 | 20.956 | 20.711 | 18.655 | 17.412 | 14.523 | 13.045 | 10.135 | 8.833 |
SG&A
| 130.158 | 132.843 | 147.831 | 127.371 | 124.391 | 118.521 | 109.264 | 104.826 | 102.254 | 103.852 | 99.047 | 92.228 | 91.52 | 86.493 | 86.099 | 68.518 | 65.556 | 75.435 | 70.251 | 69.936 | 69.059 | 66.559 | 62.911 | 63.224 | 64.608 | 61.819 | 60.597 | 60.175 | 61.949 | 59.182 | 61.262 | 52.751 | 49.273 | 42.84 | 49.358 | 51.703 | 45.084 | 38.659 | 33.094 | 30.852 | 27.837 | 25.886 | 23.616 | 19.765 | 16.551 | 13.871 | 11.764 |
Other Expenses
| -0.585 | -1.203 | 0.447 | 41.815 | 56.339 | 12.146 | 16.926 | 6.817 | -0.533 | 31.48 | 1.5 | 1.346 | 1.719 | 1.575 | 5.542 | 13.224 | 8.256 | 12.157 | 11.183 | 19.169 | 13.811 | 12.333 | 5.509 | 9.292 | -1.489 | 4.843 | 2.988 | 2.136 | 1.119 | 1.025 | 0.56 | 0.639 | 0.416 | 0.337 | -0.109 | 0.013 | 0.417 | -0.468 | -0.151 | -0.824 | 2.472 | -0.764 | -0.631 | -0.023 | -0.001 | -0.099 | 0 |
Operating Expenses
| 397.64 | 341.238 | 359.312 | 339.724 | 354.067 | 319.929 | 299.687 | 292.633 | 280.412 | 275.858 | 256.926 | 245.321 | 234.813 | 218.98 | 219.946 | 196.567 | 177.1 | 188.589 | 180.314 | 188.668 | 183.354 | 186.228 | 181.35 | 180.813 | 168.686 | 164.181 | 167.777 | 139.785 | 143.143 | 140.792 | 132.66 | 123.399 | 118.293 | 105.355 | 106.771 | 110.451 | 95.031 | 81.999 | 77.438 | 67.083 | 62.725 | 59.332 | 54.968 | 46.4 | 37.637 | 33.385 | 30.312 |
Operating Income
| 699.573 | 660.141 | 639.914 | 602.695 | 530.062 | 484.578 | 468.919 | 417.347 | 362.853 | 277.987 | 265.788 | 233.294 | 219.365 | 206.292 | 194.638 | 188.395 | 166.989 | 149.662 | 175.989 | 228.606 | 206.837 | 194.342 | 193.642 | 180.77 | 165.197 | 138.738 | 139.388 | 140.832 | 116.634 | 73.418 | 77.495 | 63.021 | 53.158 | 49.735 | 49.397 | 31.297 | 32.859 | 35.755 | 39.002 | 33.874 | 30.655 | 21.982 | 22.505 | 18.636 | 16.264 | 8.743 | 11.039 |
Operating Income Ratio
| 0.414 | 0.42 | 0.415 | 0.399 | 0.363 | 0.359 | 0.368 | 0.355 | 0.345 | 0.317 | 0.322 | 0.312 | 0.31 | 0.309 | 0.3 | 0.311 | 0.309 | 0.286 | 0.319 | 0.349 | 0.34 | 0.326 | 0.325 | 0.321 | 0.318 | 0.294 | 0.298 | 0.322 | 0.288 | 0.219 | 0.236 | 0.217 | 0.198 | 0.205 | 0.201 | 0.144 | 0.168 | 0.2 | 0.225 | 0.218 | 0.222 | 0.188 | 0.196 | 0.183 | 0.195 | 0.143 | 0.193 |
Total Other Income Expenses Net
| 70.863 | 62.62 | 0.447 | 41.815 | 56.339 | 12.146 | 16.926 | 6.817 | -0.533 | 31.48 | 1.5 | 1.346 | 1.719 | 1.575 | 5.542 | 13.224 | 8.256 | 12.157 | 11.183 | 19.169 | 13.811 | 12.333 | 5.509 | 9.292 | -1.489 | 4.843 | 2.988 | 2.136 | 1.119 | 1.025 | 0.56 | 0.639 | 0.416 | 0.337 | -0.109 | 0.013 | 0.417 | -0.468 | -0.151 | -0.824 | 2.472 | -0.764 | -0.631 | -0.023 | -0.001 | -0.099 | -1.719 |
Income Before Tax
| 770.436 | 722.761 | 694.391 | 644.51 | 586.401 | 496.724 | 485.845 | 424.164 | 362.32 | 309.467 | 267.288 | 234.64 | 221.084 | 207.867 | 200.18 | 201.619 | 175.245 | 161.819 | 187.172 | 247.775 | 220.648 | 206.675 | 198.49 | 189.389 | 163.028 | 142.894 | 141.635 | 142.267 | 117.13 | 73.728 | 77.137 | 62.925 | 52.842 | 49.321 | 48.542 | 30.557 | 32.444 | 34.466 | 38.083 | 32.286 | 31.692 | 19.447 | 20.075 | 16.816 | 14.491 | 6.893 | 9.32 |
Income Before Tax Ratio
| 0.456 | 0.46 | 0.451 | 0.427 | 0.402 | 0.368 | 0.381 | 0.36 | 0.344 | 0.353 | 0.324 | 0.313 | 0.313 | 0.311 | 0.309 | 0.333 | 0.324 | 0.309 | 0.339 | 0.379 | 0.363 | 0.347 | 0.333 | 0.336 | 0.314 | 0.302 | 0.303 | 0.325 | 0.289 | 0.22 | 0.235 | 0.217 | 0.197 | 0.204 | 0.198 | 0.14 | 0.166 | 0.192 | 0.22 | 0.208 | 0.23 | 0.166 | 0.175 | 0.165 | 0.174 | 0.112 | 0.163 |
Income Tax Expense
| 105.008 | 85.069 | 80.755 | 99.183 | 94.516 | 60.251 | 58.756 | 70.165 | 63.221 | 37.208 | 27.993 | 10.335 | 24.196 | 27.501 | 17.222 | 33.244 | 30.452 | 23.388 | -73.52 | 38.88 | 31.397 | 5.646 | 28.168 | 20.865 | 12.32 | -1.644 | 37.802 | 8.545 | 14.445 | -9.233 | 18.354 | 11.668 | 13.938 | 14.076 | 4.618 | 1.867 | 8.448 | 9.974 | 7.046 | 10.42 | 10.074 | 7.118 | 6.333 | 4.96 | 4.24 | 0.282 | 3.04 |
Net Income
| 665.428 | 637.692 | 613.636 | 545.327 | 491.885 | 436.473 | 427.089 | 353.999 | 299.099 | 272.259 | 239.295 | 224.305 | 196.888 | 180.366 | 182.958 | 168.375 | 144.793 | 138.431 | 260.583 | 208.799 | 189.152 | 200.911 | 170.22 | 168.439 | 150.708 | 144.449 | 103.757 | 133.54 | 102.454 | 82.694 | 58.49 | 50.962 | 38.617 | 34.921 | 43.251 | 28.301 | 23.607 | 24.032 | 28.333 | 21.185 | 21.618 | 12.329 | 13.742 | 11.856 | 10.251 | 6.611 | 2.922 |
Net Income Ratio
| 0.394 | 0.406 | 0.398 | 0.361 | 0.337 | 0.323 | 0.335 | 0.301 | 0.284 | 0.31 | 0.29 | 0.3 | 0.278 | 0.27 | 0.282 | 0.278 | 0.268 | 0.265 | 0.472 | 0.319 | 0.311 | 0.337 | 0.286 | 0.299 | 0.29 | 0.306 | 0.222 | 0.305 | 0.253 | 0.246 | 0.178 | 0.176 | 0.144 | 0.144 | 0.176 | 0.13 | 0.121 | 0.134 | 0.163 | 0.136 | 0.157 | 0.105 | 0.12 | 0.117 | 0.123 | 0.108 | 0.051 |
EPS
| 2.12 | 2.04 | 1.97 | 1.76 | 1.59 | 1.42 | 1.4 | 1.16 | 0.98 | 0.88 | 0.78 | 0.73 | 0.64 | 0.59 | 0.6 | 0.56 | 0.48 | 0.46 | 0.85 | 0.68 | 0.62 | 0.66 | 0.56 | 0.56 | 0.51 | 0.49 | 0.36 | 0.46 | 0.36 | 0.29 | 0.21 | 0.19 | 0.14 | 0.13 | 0.16 | 0.11 | 0.09 | 0.093 | 0.12 | 0.085 | 0.14 | 0.049 | 0.065 | 0.039 | 0.034 | 0.031 | 0.028 |
EPS Diluted
| 2.08 | 1.99 | 1.92 | 1.72 | 1.55 | 1.38 | 1.36 | 1.13 | 0.94 | 0.85 | 0.75 | 0.7 | 0.62 | 0.57 | 0.58 | 0.53 | 0.46 | 0.43 | 0.81 | 0.65 | 0.58 | 0.62 | 0.53 | 0.52 | 0.47 | 0.45 | 0.32 | 0.42 | 0.33 | 0.27 | 0.2 | 0.17 | 0.13 | 0.12 | 0.15 | 0.098 | 0.083 | 0.085 | 0.11 | 0.075 | 0.12 | 0.049 | 0.059 | 0.037 | 0.032 | 0.029 | 0.028 |
EBITDA
| 715.071 | 675.755 | 654.311 | 619.701 | 548.384 | 505.483 | 486.45 | 434.504 | 377.774 | 291.078 | 278.258 | 245.923 | 231.942 | 218.95 | 207.253 | 199.2 | 177.951 | 159.87 | 183.89 | 236.797 | 215.232 | 215.037 | 208.382 | 197.174 | 169.339 | 149.278 | 147.661 | 148.29 | 122.847 | 79.382 | 78.055 | 68.805 | 53.574 | 54.851 | 49.288 | 34.788 | 36.629 | 38.18 | 41.506 | 33.05 | 35.555 | 23.503 | 24.413 | 19.634 | 17.03 | 9.361 | 11.594 |
EBITDA Ratio
| 0.423 | 0.43 | 0.425 | 0.411 | 0.376 | 0.374 | 0.381 | 0.369 | 0.359 | 0.332 | 0.338 | 0.328 | 0.328 | 0.328 | 0.32 | 0.329 | 0.329 | 0.306 | 0.333 | 0.362 | 0.354 | 0.361 | 0.35 | 0.35 | 0.326 | 0.316 | 0.316 | 0.339 | 0.303 | 0.237 | 0.238 | 0.237 | 0.199 | 0.226 | 0.201 | 0.16 | 0.187 | 0.213 | 0.239 | 0.213 | 0.258 | 0.201 | 0.213 | 0.193 | 0.204 | 0.153 | 0.202 |