Arista Networks Inc
F:117
Income Statement
Earnings Waterfall
Arista Networks Inc
Income Statement
Arista Networks Inc
| Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
7
|
7
|
8
|
8
|
7
|
6
|
5
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
304
N/A
|
361
+19%
|
417
+15%
|
472
+13%
|
525
+11%
|
584
+11%
|
646
+11%
|
704
+9%
|
766
+9%
|
838
+9%
|
901
+8%
|
974
+8%
|
1 047
+7%
|
1 129
+8%
|
1 222
+8%
|
1 359
+11%
|
1 506
+11%
|
1 646
+9%
|
1 783
+8%
|
1 898
+6%
|
2 024
+7%
|
2 151
+6%
|
2 274
+6%
|
2 363
+4%
|
2 454
+4%
|
2 411
-2%
|
2 338
-3%
|
2 271
-3%
|
2 222
-2%
|
2 318
+4%
|
2 462
+6%
|
2 629
+7%
|
2 772
+5%
|
2 948
+6%
|
3 158
+7%
|
3 502
+11%
|
3 930
+12%
|
4 381
+11%
|
4 856
+11%
|
5 263
+8%
|
5 595
+6%
|
5 860
+5%
|
6 080
+4%
|
6 312
+4%
|
6 613
+5%
|
7 003
+6%
|
7 437
+6%
|
7 951
+7%
|
8 448
+6%
|
9 006
+7%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(101)
|
(123)
|
(139)
|
(154)
|
(172)
|
(192)
|
(217)
|
(241)
|
(262)
|
(294)
|
(320)
|
(349)
|
(378)
|
(406)
|
(440)
|
(488)
|
(542)
|
(584)
|
(633)
|
(673)
|
(718)
|
(778)
|
(823)
|
(855)
|
(891)
|
(866)
|
(836)
|
(815)
|
(798)
|
(836)
|
(893)
|
(950)
|
(999)
|
(1 067)
|
(1 148)
|
(1 304)
|
(1 500)
|
(1 706)
|
(1 929)
|
(2 095)
|
(2 196)
|
(2 230)
|
(2 253)
|
(2 271)
|
(2 354)
|
(2 512)
|
(2 671)
|
(2 844)
|
(3 012)
|
(3 237)
|
|
| Gross Profit |
202
N/A
|
239
+18%
|
278
+16%
|
317
+14%
|
353
+11%
|
392
+11%
|
429
+9%
|
463
+8%
|
504
+9%
|
544
+8%
|
581
+7%
|
624
+7%
|
669
+7%
|
723
+8%
|
782
+8%
|
871
+11%
|
965
+11%
|
1 062
+10%
|
1 150
+8%
|
1 225
+6%
|
1 306
+7%
|
1 373
+5%
|
1 451
+6%
|
1 507
+4%
|
1 563
+4%
|
1 544
-1%
|
1 502
-3%
|
1 456
-3%
|
1 424
-2%
|
1 482
+4%
|
1 569
+6%
|
1 679
+7%
|
1 773
+6%
|
1 881
+6%
|
2 009
+7%
|
2 198
+9%
|
2 430
+11%
|
2 676
+10%
|
2 926
+9%
|
3 167
+8%
|
3 400
+7%
|
3 630
+7%
|
3 827
+5%
|
4 040
+6%
|
4 260
+5%
|
4 491
+5%
|
4 766
+6%
|
5 107
+7%
|
5 436
+6%
|
5 769
+6%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(148)
|
(172)
|
(198)
|
(223)
|
(244)
|
(267)
|
(289)
|
(322)
|
(365)
|
(394)
|
(418)
|
(441)
|
(454)
|
(480)
|
(515)
|
(540)
|
(556)
|
(591)
|
(615)
|
(640)
|
(681)
|
(695)
|
(1 122)
|
(732)
|
(740)
|
(739)
|
(741)
|
(735)
|
(743)
|
(782)
|
(813)
|
(870)
|
(919)
|
(956)
|
(1 013)
|
(1 059)
|
(1 106)
|
(1 149)
|
(1 193)
|
(1 266)
|
(1 313)
|
(1 373)
|
(1 394)
|
(1 438)
|
(1 475)
|
(1 547)
|
(1 623)
|
(1 678)
|
(1 813)
|
(1 913)
|
|
| Selling, General & Administrative |
(62)
|
(74)
|
(86)
|
(97)
|
(108)
|
(118)
|
(130)
|
(148)
|
(169)
|
(185)
|
(189)
|
(193)
|
(194)
|
(206)
|
(222)
|
(235)
|
(243)
|
(242)
|
(245)
|
(247)
|
(250)
|
(253)
|
(257)
|
(262)
|
(268)
|
(276)
|
(285)
|
(281)
|
(280)
|
(296)
|
(307)
|
(333)
|
(356)
|
(369)
|
(387)
|
(397)
|
(410)
|
(420)
|
(435)
|
(457)
|
(480)
|
(518)
|
(532)
|
(538)
|
(551)
|
(550)
|
(568)
|
(594)
|
(639)
|
(675)
|
|
| Research & Development |
(86)
|
(99)
|
(113)
|
(126)
|
(136)
|
(149)
|
(159)
|
(174)
|
(196)
|
(209)
|
(229)
|
(248)
|
(260)
|
(274)
|
(293)
|
(305)
|
(314)
|
(350)
|
(370)
|
(393)
|
(431)
|
(442)
|
(460)
|
(470)
|
(471)
|
(463)
|
(456)
|
(453)
|
(463)
|
(487)
|
(506)
|
(538)
|
(563)
|
(587)
|
(626)
|
(661)
|
(696)
|
(728)
|
(758)
|
(809)
|
(834)
|
(855)
|
(862)
|
(900)
|
(923)
|
(997)
|
(1 055)
|
(1 084)
|
(1 174)
|
(1 237)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(405)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
55
N/A
|
66
+21%
|
79
+20%
|
94
+18%
|
109
+16%
|
126
+15%
|
139
+11%
|
141
+2%
|
139
-2%
|
149
+7%
|
163
+9%
|
184
+12%
|
215
+17%
|
243
+13%
|
267
+10%
|
331
+24%
|
408
+24%
|
470
+15%
|
536
+14%
|
584
+9%
|
624
+7%
|
678
+9%
|
329
-52%
|
776
+136%
|
823
+6%
|
806
-2%
|
761
-6%
|
721
-5%
|
681
-6%
|
700
+3%
|
756
+8%
|
809
+7%
|
854
+6%
|
925
+8%
|
996
+8%
|
1 140
+14%
|
1 324
+16%
|
1 527
+15%
|
1 734
+14%
|
1 901
+10%
|
2 086
+10%
|
2 257
+8%
|
2 433
+8%
|
2 602
+7%
|
2 785
+7%
|
2 945
+6%
|
3 143
+7%
|
3 430
+9%
|
3 623
+6%
|
3 856
+6%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(7)
|
(7)
|
(8)
|
(8)
|
(7)
|
(6)
|
(5)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
3
|
1
|
10
|
15
|
24
|
38
|
48
|
57
|
55
|
51
|
47
|
41
|
31
|
24
|
12
|
7
|
36
|
34
|
40
|
55
|
41
|
99
|
134
|
171
|
218
|
233
|
287
|
311
|
350
|
369
|
0
|
0
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(405)
|
(405)
|
(405)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(0)
|
(1)
|
(1)
|
3
|
2
|
2
|
2
|
(1)
|
(0)
|
(0)
|
1
|
1
|
1
|
2
|
3
|
3
|
5
|
7
|
6
|
4
|
3
|
0
|
0
|
1
|
2
|
(0)
|
1
|
0
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(1)
|
(0)
|
0
|
(0)
|
(0)
|
(6)
|
(6)
|
(7)
|
(6)
|
(3)
|
(3)
|
(1)
|
9
|
4
|
8
|
378
|
394
|
|
| Pre-Tax Income |
48
N/A
|
58
+23%
|
71
+22%
|
88
+24%
|
104
+18%
|
122
+17%
|
137
+12%
|
137
+1%
|
136
-1%
|
146
+8%
|
161
+10%
|
181
+13%
|
214
+18%
|
242
+13%
|
267
+10%
|
331
+24%
|
410
+24%
|
475
+16%
|
544
+15%
|
185
-66%
|
232
+25%
|
289
+25%
|
353
+22%
|
815
+131%
|
874
+7%
|
862
-1%
|
817
-5%
|
772
-6%
|
726
-6%
|
739
+2%
|
785
+6%
|
831
+6%
|
864
+4%
|
931
+8%
|
1 032
+11%
|
1 174
+14%
|
1 363
+16%
|
1 582
+16%
|
1 769
+12%
|
1 993
+13%
|
2 213
+11%
|
2 422
+9%
|
2 648
+9%
|
2 832
+7%
|
3 070
+8%
|
3 265
+6%
|
3 497
+7%
|
3 807
+9%
|
4 001
+5%
|
4 250
+6%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(13)
|
(16)
|
(23)
|
(28)
|
(34)
|
(35)
|
(38)
|
(36)
|
(27)
|
(25)
|
(29)
|
(34)
|
(44)
|
(58)
|
(35)
|
(35)
|
(32)
|
0
|
(7)
|
94
|
81
|
45
|
38
|
(80)
|
(98)
|
(2)
|
(20)
|
(19)
|
(14)
|
(104)
|
(108)
|
(102)
|
(79)
|
(90)
|
(100)
|
(139)
|
(199)
|
(229)
|
(252)
|
(284)
|
(313)
|
(335)
|
(360)
|
(370)
|
(406)
|
(413)
|
(469)
|
(556)
|
(645)
|
(716)
|
|
| Income from Continuing Operations |
35
|
42
|
48
|
60
|
70
|
87
|
99
|
101
|
108
|
121
|
132
|
147
|
169
|
184
|
232
|
296
|
378
|
475
|
537
|
279
|
313
|
334
|
391
|
735
|
776
|
860
|
797
|
753
|
712
|
635
|
676
|
729
|
785
|
841
|
933
|
1 035
|
1 165
|
1 352
|
1 517
|
1 709
|
1 901
|
2 087
|
2 289
|
2 462
|
2 665
|
2 852
|
3 028
|
3 252
|
3 357
|
3 534
|
|
| Net Income (Common) |
8
N/A
|
21
+147%
|
21
-1%
|
32
+56%
|
47
+48%
|
69
+45%
|
87
+26%
|
97
+12%
|
104
+7%
|
119
+14%
|
130
+9%
|
145
+12%
|
168
+16%
|
183
+9%
|
231
+26%
|
295
+28%
|
377
+28%
|
422
+12%
|
484
+15%
|
227
-53%
|
261
+15%
|
328
+25%
|
384
+17%
|
729
+90%
|
769
+6%
|
859
+12%
|
797
-7%
|
753
-6%
|
712
-5%
|
635
-11%
|
676
+7%
|
729
+8%
|
785
+8%
|
841
+7%
|
933
+11%
|
1 035
+11%
|
1 165
+13%
|
1 352
+16%
|
1 517
+12%
|
1 709
+13%
|
1 901
+11%
|
2 087
+10%
|
2 289
+10%
|
2 462
+8%
|
2 665
+8%
|
2 852
+7%
|
3 028
+6%
|
3 252
+7%
|
3 357
+3%
|
3 511
+5%
|
|
| EPS (Diluted) |
0.03
N/A
|
0.05
+67%
|
0.04
-20%
|
0.04
N/A
|
0.05
+25%
|
0.08
+60%
|
0.08
N/A
|
0.09
+12%
|
0.09
N/A
|
0.1
+11%
|
0.11
+10%
|
0.12
+9%
|
0.14
+17%
|
0.16
+14%
|
0.19
+19%
|
0.24
+26%
|
0.31
+29%
|
0.33
+6%
|
0.4
+21%
|
0.19
-53%
|
0.2
+5%
|
0.26
+30%
|
0.29
+12%
|
0.57
+97%
|
0.6
+5%
|
0.66
+10%
|
0.62
-6%
|
0.58
-6%
|
0.55
-5%
|
0.5
-9%
|
0.52
+4%
|
0.56
+8%
|
0.61
+9%
|
0.66
+8%
|
0.73
+11%
|
0.82
+12%
|
0.92
+12%
|
1.07
+16%
|
1.21
+13%
|
1.36
+12%
|
1.51
+11%
|
1.65
+9%
|
1.8
+9%
|
1.93
+7%
|
2.08
+8%
|
2.23
+7%
|
2.36
+6%
|
2.54
+8%
|
2.63
+4%
|
2.77
+5%
|
|