Arista Networks, Inc. financial data

Symbol
ANET on NYSE
Industry
Computer Communications Equipment
Location
5453 Great America Parkway, Santa Clara, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 458 % +11.1%
Quick Ratio 91.5 % -13.2%
Debt-to-equity 37.3 % -6.38%
Return On Equity 32.5 % -3.39%
Return On Assets 23.7 % -1.58%
Operating Margin 42.1 % +13%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 315M shares +1.23%
Common Stock, Shares, Outstanding 315M shares +1.25%
Entity Public Float 40.8B USD +76.8%
Common Stock, Value, Issued 31K USD 0%
Weighted Average Number of Shares Outstanding, Basic 314M shares +1.39%
Weighted Average Number of Shares Outstanding, Diluted 320M shares +0.89%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 6.61B USD +18.2%
Research and Development Expense 923M USD +10.7%
Selling and Marketing Expense 422M USD +11.3%
General and Administrative Expense 130M USD +28.8%
Operating Income (Loss) 2.78B USD +33.5%
Nonoperating Income (Expense) 286M USD +124%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 3.07B USD +38.7%
Income Tax Expense (Benefit) 406M USD +29.8%
Net Income (Loss) Attributable to Parent 2.66B USD +40.2%
Earnings Per Share, Basic 8.52 USD/shares +38.3%
Earnings Per Share, Diluted 8.33 USD/shares +38.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.18B USD +81.6%
Accounts Receivable, after Allowance for Credit Loss, Current 1.13B USD +35.7%
Inventory, Net 1.77B USD -6.53%
Other Assets, Current 435M USD +58.7%
Assets, Current 10.9B USD +42.1%
Deferred Income Tax Assets, Net 1.32B USD +66.2%
Property, Plant and Equipment, Net 93M USD -9.32%
Operating Lease, Right-of-Use Asset 55.9M USD +4.68%
Goodwill 269M USD 0%
Other Assets, Noncurrent 220M USD +562%
Assets 12.8B USD +41.7%
Accounts Payable, Current 289M USD +7.51%
Employee-related Liabilities, Current 108M USD +8.21%
Accrued Liabilities, Current 324M USD -21%
Contract with Customer, Liability, Current 1.6B USD +129%
Liabilities, Current 2.43B USD +31.8%
Contract with Customer, Liability, Noncurrent 908M USD +83%
Accrued Income Taxes, Noncurrent 117M USD +11.4%
Deferred Income Tax Liabilities, Net 0 USD
Operating Lease, Liability, Noncurrent 44.4M USD +1.02%
Other Liabilities, Noncurrent 142M USD +109%
Liabilities 3.6B USD +40.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax 9.59M USD
Retained Earnings (Accumulated Deficit) 6.87B USD +52.5%
Stockholders' Equity Attributable to Parent 9.25B USD +42.1%
Liabilities and Equity 12.8B USD +41.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 514M USD +37.2%
Net Cash Provided by (Used in) Financing Activities -63.1M USD +7.83%
Net Cash Provided by (Used in) Investing Activities -296M USD -1259%
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 315M shares +1.25%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 153M USD -46.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.18B USD +81.6%
Deferred Tax Assets, Valuation Allowance 146M USD +10.2%
Deferred Tax Assets, Gross 1.35B USD +34%
Operating Lease, Liability 65.5M USD +2.63%
Depreciation 33.9M USD +18.1%
Payments to Acquire Property, Plant, and Equipment 9.4M USD +66.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 2.7B USD +40.1%
Lessee, Operating Lease, Liability, to be Paid 69.8M USD
Property, Plant and Equipment, Gross 305M USD +7.68%
Operating Lease, Liability, Current 21.1M USD +6.18%
Lessee, Operating Lease, Liability, to be Paid, Year Two 21.2M USD +43.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 24.1M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -77.8M USD -9.37%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 6.48M USD -14.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 12.8M USD +9.96%
Deferred Tax Assets, Operating Loss Carryforwards 34.3M USD +16.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 163M USD +18.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 8.69M USD -9.01%
Additional Paid in Capital 2.37B USD +16.9%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 26.8M USD -25.7%
Depreciation, Depletion and Amortization 15.6M USD -25.3%
Deferred Tax Assets, Net of Valuation Allowance 1.21B USD +37.6%
Share-based Payment Arrangement, Expense 336M USD +19.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%