Arista Networks, Inc. (ANET) Income Statement Analysis

See more : Hana 33 SPAC (475250.KQ) Income Statement Analysis – Financial Results

Complete financial analysis of Arista Networks, Inc. (ANET) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Arista Networks, Inc., a leading company in the Computer Hardware industry within the Technology sector.

You may be interested

Maoming Petro-Chemical Shihua Co., Ltd (000637.SZ) Income Statement Analysis – Financial Results
Asahi Kasei Corporation (AHKSY) Income Statement Analysis – Financial Results
Zeta Resources Limited (ZER.AX) Income Statement Analysis – Financial Results
Public Joint Stock Company Mostotrest (MSTT.ME) Income Statement Analysis – Financial Results
Relia, Inc. (4708.T) Income Statement Analysis – Financial Results

Arista Networks, Inc. (ANET)

Industry: Computer Hardware

Sector: Technology

Website: https://www.arista.com

About Arista Networks, Inc.

Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services. The company serves a range of industries comprising internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, and others. It markets and sells its products through distributors, system integrators, value-added resellers, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	5.86B	4.38B	2.95B	2.32B	2.41B	2.15B	1.65B	1.13B	837.59M	584.11M	361.22M	193.41M	139.85M
Cost of Revenue	2.23B	1.71B	1.07B	835.63M	866.37M	777.99M	584.42M	406.05M	294.03M	192.02M	122.69M	61.25M	43.37M
Gross Profit	3.63B	2.68B	1.88B	1.48B	1.54B	1.37B	1.06B	723.12M	543.56M	392.09M	238.54M	132.16M	96.48M
Gross Profit Ratio	61.95%	61.07%	63.80%	63.94%	64.06%	63.84%	64.50%	64.04%	64.90%	67.13%	66.04%	68.33%	68.99%
Research & Development	854.92M	728.39M	586.75M	486.59M	462.76M	442.47M	349.59M	273.58M	209.45M	148.91M	98.59M	55.16M	26.41M
General & Administrative	119.08M	93.24M	83.12M	66.24M	61.90M	65.42M	86.80M	75.24M	75.72M	32.33M	18.69M	8.50M	6.22M
Selling & Marketing	399.03M	326.96M	286.17M	229.37M	213.91M	187.14M	155.11M	130.89M	109.08M	85.34M	55.12M	28.60M	19.45M
SG&A	518.11M	420.20M	369.29M	295.61M	275.81M	252.56M	241.90M	206.13M	184.80M	117.67M	73.80M	37.10M	25.67M
Other Expenses	0.00	54.69M	6.14M	39.18M	56.50M	18.16M	7.27M	1.95M	-147.00K	2.28M	-754.00K	135.00K	-357.00K
Operating Expenses	1.37B	1.15B	956.04M	782.20M	738.56M	695.03M	591.50M	479.71M	394.25M	266.58M	172.39M	92.26M	52.08M
Cost & Expenses	3.60B	2.85B	2.02B	1.62B	1.60B	1.47B	1.18B	885.76M	688.28M	458.59M	295.08M	153.51M	95.45M
Interest Income	152.42M	27.56M	7.22M	27.14M	51.14M	31.67M	8.09M	3.00M	0.00	0.00	0.00	0.00	0.00
Interest Expense	0.00	0.00	0.00	0.00	0.00	2.70M	2.78M	3.14M	3.15M	6.28M	7.12M	7.06M	6.42M
Depreciation & Amortization	70.63M	62.70M	65.81M	61.17M	32.40M	26.70M	20.64M	19.75M	13.67M	10.02M	5.04M	1.78M	1.29M
EBITDA	2.33B	1.59B	975.07M	699.68M	838.62M	318.20M	498.18M	265.11M	162.83M	137.81M	70.44M	41.81M	45.34M
EBITDA Ratio	39.72%	36.29%	33.08%	32.12%	34.79%	33.66%	30.26%	23.48%	19.44%	23.59%	19.50%	21.62%	32.42%
Operating Income	2.26B	1.53B	924.74M	699.68M	805.77M	273.35M	470.27M	243.41M	149.31M	125.51M	66.15M	39.90M	44.40M
Operating Income Ratio	38.52%	34.86%	31.37%	30.19%	33.42%	12.71%	28.57%	21.56%	17.83%	21.49%	18.31%	20.63%	31.75%
Total Other Income/Expenses	164.78M	54.69M	6.14M	39.18M	56.50M	15.45M	4.49M	-1.18M	-3.30M	-4.01M	-7.87M	-6.92M	-6.77M
Income Before Tax	2.42B	1.58B	930.88M	738.86M	862.27M	288.80M	474.76M	242.23M	146.01M	121.51M	58.28M	32.98M	37.63M
Income Before Tax Ratio	41.33%	36.10%	31.58%	31.88%	35.77%	13.42%	28.84%	21.45%	17.43%	20.80%	16.13%	17.05%	26.90%
Income Tax Expense	334.71M	229.35M	90.03M	104.31M	2.40M	-39.31M	51.56M	58.04M	24.91M	34.66M	15.82M	11.63M	3.59M
Net Income	2.09B	1.35B	840.85M	634.56M	859.87M	328.12M	423.20M	184.19M	121.10M	86.85M	42.46M	21.35M	34.04M
Net Income Ratio	35.62%	30.87%	28.52%	27.38%	35.67%	15.25%	25.71%	16.31%	14.46%	14.87%	11.75%	11.04%	24.34%
EPS	1.69	1.10	0.69	0.52	0.71	0.25	0.37	0.17	0.11	0.09	0.02	0.01	0.04
EPS Diluted	1.65	1.07	0.66	0.50	0.67	0.25	0.34	0.16	0.11	0.08	0.02	0.01	0.04
Weighted Avg Shares Out	1.24B	1.23B	1.23B	1.22B	1.22B	1.29B	1.16B	1.10B	1.06B	774.83M	1.22B	1.22B	821.12M
Weighted Avg Shares Out (Dil)	1.27B	1.27B	1.28B	1.27B	1.29B	1.29B	1.26B	1.17B	1.14B	873.44M	1.29B	1.29B	864.82M

3 Stocks to Score from 40% YoY Data Center Capex Spending in 2025

October 28, 2024marketbeat.com

According to Citi Research, the big four hyperscalers Microsoft Co. NASDAQ: MSFT, Amazon.com Inc. NASDAQ: AMZN, Alphabet Inc. NASDAQ: GOOGL and Meta Platforms Inc. NASDAQ: META are forecast to grow their data center capital expenditures by 40% YoY in 2025....

Arista Networks, Inc. (ANET) is Attracting Investor Attention: Here is What You Should Know

October 25, 2024zacks.com

Arista Networks (ANET) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Butterfly Trade On ANET Stock Offers Large Profit Potential And Minimal Risk

October 22, 2024investors.com

Limited risk and large profit potential make a winning combination for this butterfly trade.

Arista Networks (ANET) Rises As Market Takes a Dip: Key Facts

October 21, 2024zacks.com

The latest trading day saw Arista Networks (ANET) settling at $406.01, representing a +1% change from its previous close.

Here's Why Arista Networks (ANET) is a Strong Momentum Stock

October 21, 2024zacks.com

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Arista Networks (ANET) Is Up 5.29% in One Week: What You Should Know

October 18, 2024zacks.com

Does Arista Networks (ANET) have what it takes to be a top stock pick for momentum investors? Let's find out.

3 Reasons Growth Investors Will Love Arista Networks (ANET)

October 17, 2024zacks.com

Arista Networks (ANET) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Will Arista Networks (ANET) Beat Estimates Again in Its Next Earnings Report?

October 17, 2024zacks.com

Arista Networks (ANET) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Wall Street Bulls Look Optimistic About Arista Networks (ANET): Should You Buy?

October 17, 2024zacks.com

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do...