Arista Networks, Inc. financial data

Symbol
ANET on NYSE
Location
5453 Great America Parkway, Santa Clara, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Feb 19, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 456 % +9.53%
Quick Ratio 82.1 % -22.1%
Debt-to-equity 38.1 % -3.64%
Return On Equity 32.1 % -4.21%
Return On Assets 23.3 % -3.21%
Operating Margin 42.1 % +9.16%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.26B shares +303%
Common Stock, Shares, Outstanding 1.26B shares +0.99%
Entity Public Float 90.2B USD +121%
Common Stock, Value, Issued 126K USD +0.8%
Weighted Average Number of Shares Outstanding, Basic 1.26B shares +1.53%
Weighted Average Number of Shares Outstanding, Diluted 1.28B shares +0.99%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 7B USD +19.5%
Research and Development Expense 997M USD +16.6%
Selling and Marketing Expense 427M USD +7.08%
General and Administrative Expense 123M USD +3.05%
Operating Income (Loss) 2.94B USD +30.5%
Nonoperating Income (Expense) 320M USD +94.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 3.27B USD +34.8%
Income Tax Expense (Benefit) 413M USD +23.4%
Net Income (Loss) Attributable to Parent 2.85B USD +36.6%
Earnings Per Share, Basic 2.27 USD/shares +34.3%
Earnings Per Share, Diluted 2.23 USD/shares +35.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.76B USD +42.5%
Accounts Receivable, after Allowance for Credit Loss, Current 1.14B USD +10.3%
Inventory, Net 1.83B USD -5.69%
Other Assets, Current 435M USD +58.7%
Assets, Current 11.9B USD +41.8%
Deferred Income Tax Assets, Net 1.44B USD +52.3%
Property, Plant and Equipment, Net 98.8M USD -2.69%
Operating Lease, Right-of-Use Asset 52M USD -7.04%
Goodwill 269M USD 0%
Other Assets, Noncurrent 263M USD +73.3%
Assets 14B USD +41.1%
Accounts Payable, Current 381M USD -12.4%
Employee-related Liabilities, Current 148M USD +10.1%
Accrued Liabilities, Current 435M USD +6.87%
Contract with Customer, Liability, Current 1.73B USD +88.7%
Liabilities, Current 2.73B USD +42.3%
Contract with Customer, Liability, Noncurrent 1.06B USD +80.1%
Accrued Income Taxes, Noncurrent 117M USD +11.4%
Deferred Income Tax Liabilities, Net 0 USD
Operating Lease, Liability, Noncurrent 37.5M USD -15.6%
Other Liabilities, Noncurrent 253M USD +11.3%
Liabilities 4.05B USD +47.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -13.2M USD -296%
Retained Earnings (Accumulated Deficit) 7.54B USD +47.5%
Stockholders' Equity Attributable to Parent 9.99B USD +38.5%
Liabilities and Equity 14B USD +41.1%

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 4B shares 0%
Common Stock, Shares, Issued 1.26B shares +0.99%
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 2.76B USD +42.5%
Deferred Tax Assets, Valuation Allowance 180M USD +22.9%
Deferred Tax Assets, Gross 1.82B USD +34.7%
Operating Lease, Liability 59.6M USD -8.97%
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 2.84B USD +34.2%
Lessee, Operating Lease, Liability, to be Paid 65.3M USD -9.29%
Property, Plant and Equipment, Gross 318M USD +9.87%
Operating Lease, Liability, Current 22.1M USD +4.91%
Lessee, Operating Lease, Liability, to be Paid, Year Two 16.8M USD -20.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 24.7M USD +3%
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 5.67M USD -12.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 12.2M USD -4.73%
Deferred Tax Assets, Operating Loss Carryforwards 25.9M USD -24.4%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 181M USD +11.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 8.06M USD -7.26%
Additional Paid in Capital 2.47B USD +16.9%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 26.8M USD -20%
Depreciation, Depletion and Amortization 15.6M USD -25.3%
Deferred Tax Assets, Net of Valuation Allowance 1.64B USD +36.1%
Share-based Payment Arrangement, Expense 355M USD +19.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%