Arista Networks, Inc. financial data

Symbol
ANET on NYSE
Location
5453 Great America Parkway, Santa Clara, CA
Fiscal year end
December 31
Latest financial report
10-Q - Q1 2025 - May 7, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 430 % -2.73%
Quick Ratio 71 % -33.8%
Debt-to-equity 40.3 % +7.26%
Return On Equity 32.1 % -3.9%
Return On Assets 22.8 % -5.78%
Operating Margin 42.3 % +5.62%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.26B shares +301%
Common Stock, Shares, Outstanding 1.26B shares +301%
Entity Public Float 90.2B USD +121%
Common Stock, Value, Issued 100K USD +223%
Weighted Average Number of Shares Outstanding, Basic 1.26B shares +0.63%
Weighted Average Number of Shares Outstanding, Diluted 1.28B shares -0.02%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 7.44B USD +22.3%
Research and Development Expense 1.05B USD +22.4%
Selling and Marketing Expense 439M USD +6.85%
General and Administrative Expense 129M USD +6.21%
Operating Income (Loss) 3.14B USD +29.2%
Nonoperating Income (Expense) 354M USD +64.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 3.5B USD +32.1%
Income Tax Expense (Benefit) 469M USD +30.5%
Net Income (Loss) Attributable to Parent 3.03B USD +32.3%
Earnings Per Share, Basic 2 USD/shares +209%
Earnings Per Share, Diluted 2 USD/shares +208%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.85B USD -11.8%
Accounts Receivable, after Allowance for Credit Loss, Current 1.44B USD +31.7%
Inventory, Net 1.96B USD -3.35%
Other Assets, Current 435M USD +58.7%
Assets, Current 12.3B USD +37.5%
Deferred Income Tax Assets, Net 1.54B USD +50.5%
Property, Plant and Equipment, Net 124M USD +26.5%
Operating Lease, Right-of-Use Asset 52M USD -7.04%
Intangible Assets, Net (Excluding Goodwill) 56.4M USD
Goodwill 269M USD -0.01%
Other Assets, Noncurrent 245M USD +64%
Assets 14.5B USD +37.6%
Accounts Payable, Current 389M USD +74.2%
Employee-related Liabilities, Current 148M USD +10.1%
Accrued Liabilities, Current 263M USD -2.77%
Contract with Customer, Liability, Current 2.07B USD +108%
Liabilities, Current 3.12B USD +75.1%
Contract with Customer, Liability, Noncurrent 1.02B USD +52.7%
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 258M USD +94.9%
Liabilities 4.4B USD +63.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.9M USD +84.1%
Retained Earnings (Accumulated Deficit) 7.57B USD +33%
Stockholders' Equity Attributable to Parent 10.1B USD +28.7%
Liabilities and Equity 14.5B USD +37.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 642M USD +24.9%
Net Cash Provided by (Used in) Financing Activities -794M USD -1158%
Net Cash Provided by (Used in) Investing Activities -766M USD -159%
Common Stock, Shares Authorized 4B shares +300%
Common Stock, Shares, Issued 1.26B shares +301%
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 -917M USD -698%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.85B USD -11.8%
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 8M USD -6.98%
Payments to Acquire Property, Plant, and Equipment 28.4M USD +202%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 3.04B USD +32.2%
Lessee, Operating Lease, Liability, to be Paid 65.3M USD -9.29%
Property, Plant and Equipment, Gross 351M USD +19.2%
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) -107M USD -37.7%
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 2.55B USD +16.8%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 25.7M USD -16.7%
Depreciation, Depletion and Amortization 13.8M USD -11.5%
Deferred Tax Assets, Net of Valuation Allowance 1.64B USD +36.1%
Share-based Payment Arrangement, Expense 371M USD +19.3%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%