← Arista Networks, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.1b |
$1.6b
+45.79%
|
$2.2b
+30.69%
|
$2.4b
+12.05%
|
$2.3b
-3.87%
|
$2.9b
+27.21%
|
$4.4b
+48.62%
|
$5.9b
+33.75%
|
$7.0b
+19.50%
|
$9.0b
+28.60%
|
$10.5b
+17.05%
|
|
| Cost of Revenue | $406.1m |
$584.4m
+43.93%
|
$778.0m
+33.12%
|
$866.4m
+11.36%
|
$835.6m
-3.55%
|
$1.1b
+27.72%
|
$1.7b
+59.81%
|
$2.2b
+30.74%
|
$2.5b
+12.64%
|
$3.2b
+28.87%
|
$3.9b
+20.47%
|
|
| Gross Profit | $723.1m |
$1.1b
+46.83%
|
$1.4b
+29.35%
|
$1.5b
+12.45%
|
$1.5b
-4.04%
|
$1.9b
+26.92%
|
$2.7b
+42.27%
|
$3.6b
+35.68%
|
$4.5b
+23.72%
|
$5.8b
+28.44%
|
$6.6b
+15.12%
|
|
| Research and Development Expense | $273.6m | $349.6m | $442.5m | $462.8m | $486.6m | $586.8m | $728.4m | $854.9m | $996.7m | $1.2b | $1.4b | |
| Selling and Marketing Expense | $130.9m | $155.1m | $187.1m | $213.9m | $229.4m | $286.2m | $327.0m | $399.0m | $427.3m | $533.4m | $727.9m | |
| General and Administrative Expense | $75.2m | $86.8m | $65.4m | $61.9m | $66.2m | $83.1m | $93.2m | $119.1m | $122.7m | $141.9m | $145.7m | |
| Amortization of Intangible Assets | — | — | $5.1m | $13.4m | $24.1m | $29.2m | $33.6m | $33.4m | $26.8m | $41.6m | — | |
| Operating Lease, Expense | — | — | — | $28.8m | $30.9m | $31.0m | $32.8m | $33.3m | — | — | — | |
| Operating Expenses | $479.7m | $591.5m | $1.1b | $738.6m | $782.2m | $956.0m | $1.1b | $1.4b | $1.5b | $1.9b | $2.1b | |
| Operating Income (Loss) | $243.4m |
$470.3m
+93.20%
|
$273.3m
-41.87%
|
$805.8m
+194.78%
|
$699.7m
-13.17%
|
$924.7m
+32.17%
|
$1.5b
+65.14%
|
$2.3b
+47.81%
|
$2.9b
+30.45%
|
$3.9b
+30.95%
|
$4.5b
+17.91%
|
|
| Interest Expense | — | — | $2.7m | — | — | — | — | — | — | — | — | |
| Interest Income, Other | — | — | $31.7m | $51.1m | $27.1m | $7.2m | $27.6m | $152.4m | $311.0m | $383.4m | $434.3m | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | $4.3m | $4.3m | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | ($700k) | ($500k) | $300k | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | $18.7m | — | — | — | |
| Other income (expense): | ||||||||||||
| Other Nonoperating Income (Expense) | $2.0m | $7.3m | $18.2m | — | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | ($1.2m) | $4.5m | $15.5m | $56.5m | $39.2m | $6.1m | $54.7m | $164.8m | $320.4m | $393.6m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $196.2m | $373.2m | $136.8m | $727.6m | $621.8m | $737.6m | $1.3b | $2.0b | $2.6b | $3.4b | $5.0b | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $242.2m | $474.8m | $288.8m | $862.3m | $738.9m | $930.9m | $1.6b | $2.4b | $3.3b | $4.2b | $5.0b | |
| Current Income Tax Expense (Benefit) | $79.8m | $42.9m | $18.6m | $78.2m | $112.9m | $189.1m | $473.7m | $705.5m | $905.8m | $1.1b | $945.6m | |
| Income Tax Expense (Benefit) | $58.0m | $51.6m | ($39.3m) | $2.4m | $104.3m | $90.0m | $229.3m | $334.7m | $413.0m | $738.3m | $945.6m | |
| Net Income (Loss) Attributable to Parent | $184.2m |
$423.2m
+129.76%
|
$328.1m
-22.47%
|
$859.9m
+162.06%
|
$634.6m
-26.20%
|
$840.9m
+32.51%
|
$1.4b
+60.84%
|
$2.1b
+54.34%
|
$2.9b
+36.64%
|
$3.5b
+23.12%
|
$4.0b
+15.18%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $183.0m |
$422.4m
+130.86%
|
$327.9m
-22.37%
|
$859.4m
+162.08%
|
$634.6m
-26.17%
|
$840.9m
+32.51%
|
$1.4b
+60.84%
|
$2.1b
+54.34%
|
$2.9b
+36.64%
|
$3.5b
+23.12%
|
$4.0b
+15.18%
|
|
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $1.2m | $801k | $189k | $423k | $0 | $0 | — | — | — | — | — | |
| Earnings Per Share, Basic | $0.17 | $0.37 | $0.27 | $0.70 | $0.52 | $0.69 | $1.10 | $1.69 | $2.27 | $2.79 | $3.22 | |
| Earnings Per Share, Diluted | $0.16 | $0.33 | $0.25 | $0.66 | $0.50 | $0.66 | $1.07 | $1.65 | $2.23 | $2.75 | $3.16 | |
| Weighted Average Number of Shares Outstanding, Basic | 1.1b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.3b | 1.3b | 1.3b | |
| Weighted Average Number of Shares Outstanding, Diluted | 1.2b | 1.3b | 1.3b | 1.3b | 1.3b | 1.3b | 1.3b | 1.3b | 1.3b | 1.3b | 1.3b | |
| Additional Financial Items | ||||||||||||
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | $15.0m | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | $0 | $0 | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.