Arista Networks, Inc.

ANET · NYSE
Analyze with AI
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$7,003,146$5,860,168$4,381,310$2,948,037
% Growth19.5%33.8%48.6%
Cost of Goods Sold$2,511,843$2,229,887$1,705,614$1,067,258
Gross Profit$4,491,303$3,630,281$2,675,696$1,880,779
% Margin64.1%61.9%61.1%63.8%
R&D Expenses$996,717$854,918$728,394$586,752
G&A Expenses$122,706$119,080$93,241$83,117
SG&A Expenses$549,970$518,114$420,196$369,288
Sales & Mktg Exp.$427,264$399,034$326,955$286,171
Other Operating Expenses$0$0$0$0
Operating Expenses$1,546,687$1,373,032$1,148,590$956,040
Operating Income$2,944,616$2,257,249$1,527,106$924,739
% Margin42%38.5%34.9%31.4%
Other Income/Exp. Net$320,418$164,777$54,690$6,140
Pre-Tax Income$3,265,034$2,422,026$1,581,796$930,879
Tax Expense$412,980$334,705$229,350$90,025
Net Income$2,852,054$2,087,321$1,352,446$840,854
% Margin40.7%35.6%30.9%28.5%
EPS2.271.691.10.69
% Growth34.3%53.6%59.4%
EPS Diluted2.231.651.070.66
Weighted Avg Shares Out1,256,3031,237,4171,225,8911,226,048
Weighted Avg Shares Out Dil1,281,0771,268,5381,265,8351,276,952
Supplemental Information
Interest Income$310,998$152,421$27,556$7,215
Interest Expense$0$0$0$0
Depreciation & Amortization$62,038$70,630$62,700$50,334
EBITDA$3,006,654$2,327,879$1,589,806$975,073
% Margin42.9%39.7%36.3%33.1%