Arista Networks Inc
NYSE:ANET

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Arista Networks Inc Logo
Arista Networks Inc
NYSE:ANET
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Price: 91.73 USD 6.02%
Market Cap: 115.2B USD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement
|
Revenue Breakdown

Income Statement

0
Revenue
+0%
3Y
+136%
5Y
+218%
10Y
+1 051%
0
Operating Income
+0%
3Y
+215%
5Y
+313%
10Y
+2 157%
0
Net Income
+0%
3Y
+225%
5Y
+280%
10Y
+3 400%

Earnings Waterfall
Arista Networks Inc

Revenue
7.4B USD
Cost of Revenue
-2.7B USD
Gross Profit
4.8B USD
Operating Expenses
-1.6B USD
Operating Income
3.1B USD
Other Expenses
-115.1m USD
Net Income
3B USD

Income Statement
Arista Networks Inc

Rotate your device to view
Income Statement
Currency: USD
Millions
Ones
Thousands
Millions
Billions
TTM
Quarterly
Annual
TTM
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
Revenue
Interest Expense
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
Revenue
646
N/A
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%
Gross Profit
Cost of Revenue
(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)
Gross Profit
429
N/A
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%
Operating Income
Operating Expenses
(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)
Selling, General & Administrative
(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)
Research & Development
(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)
Other Operating Expenses
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
Operating Income
139
N/A
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%
Pre-Tax Income
Interest Income Expense
(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
0
Non-Reccuring Items
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
Total Other Income
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
354
Pre-Tax Income
137
N/A
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%
Net Income
Tax Provision
(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)
Income from Continuing Operations
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
Net Income (Common)
87
N/A
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%
EPS (Diluted)
0.08
N/A
0.09
+13%
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%
0.18
-55%
0.2
+11%
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%

See Also

Summary
ANET intrinsic value, competitors valuation, and company profile.
DCF Valuation
ANET stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ANET stock valuation using valuation multiples.
Wall Street Estimates
ANET price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ANET stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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