Arista Historical Income Statement

ANET Stock

USD 316.50 0.49 0.15%

Historical analysis of Arista Networks income statement accounts such as Selling General Administrative of 67.1 M, Selling And Marketing Expenses of 419 M or Total Revenue of 6.2 B can show how well Arista Networks performed in making a profits. Evaluating Arista Networks income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Arista Networks's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Arista Networks latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Arista Networks is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arista Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Arista Stock please use our How to Invest in Arista Networks guide.

About Arista Income Statement Analysis

Arista Networks Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Arista Networks shareholders. The income statement also shows Arista investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Arista Networks Income Statement Chart

Arista Networks Income Statement is one of the three primary financial statements used for reporting Arista's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Arista Networks revenue and expense. Arista Networks Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Arista Networks' EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 2.3 B in 2024, whereas Reconciled Depreciation is likely to drop slightly above 48.6 M in 2024.

Interest Expense Selling And Marketing Expenses Total Revenue Gross Profit

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Arista Networks generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Arista Networks minus its cost of goods sold. It is profit before Arista Networks operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from Arista Networks' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Arista Networks current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arista Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Arista Stock please use our How to Invest in Arista Networks guide.At this time, Arista Networks' EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 2.3 B in 2024, whereas Reconciled Depreciation is likely to drop slightly above 48.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.9B	2.7B	3.6B	3.8B
Total Revenue	2.9B	4.4B	5.9B	6.2B

Gross Profit Total Revenue

Arista Networks income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items	Non Recurring
Depreciation And Amortization		-0.55	0.77	0.99	0.98	0.98	0.99	0.95	0.96	0.99	0.96	0.97	0.99	0.94	0.11	0.95	0.87	0.94	0.87	0.85	0.78	0.8	0.93	0.85	-0.65
Interest Expense	-0.55		-0.4	-0.55	-0.64	-0.63	-0.62	-0.66	-0.66	-0.55	-0.66	-0.66	-0.55	-0.66	-0.01	-0.63	-0.77	-0.64	-0.37	-0.78	-0.55	-0.54	-0.57	-0.2	0.6
Selling General Administrative	0.77	-0.4		0.8	0.74	0.74	0.77	0.67	0.68	0.81	0.69	0.73	0.82	0.66	0.02	0.66	0.59	0.65	0.58	0.55	0.47	0.49	0.69	0.6	-0.29
Selling And Marketing Expenses	0.99	-0.55	0.8		0.98	0.98	0.99	0.95	0.96	1.0	0.96	0.98	1.0	0.95	0.08	0.95	0.85	0.94	0.87	0.83	0.8	0.82	0.9	0.84	-0.67
Total Revenue	0.98	-0.64	0.74	0.98		1.0	1.0	0.98	1.0	0.98	1.0	1.0	0.98	0.98	0.08	0.99	0.91	0.98	0.89	0.89	0.87	0.89	0.89	0.8	-0.76
Gross Profit	0.98	-0.63	0.74	0.98	1.0		1.0	0.98	0.99	0.98	1.0	1.0	0.98	0.98	0.07	0.99	0.9	0.98	0.89	0.89	0.87	0.89	0.89	0.8	-0.76
Other Operating Expenses	0.99	-0.62	0.77	0.99	1.0	1.0		0.97	0.99	0.99	0.99	1.0	0.99	0.97	0.07	0.98	0.89	0.97	0.89	0.88	0.85	0.86	0.9	0.81	-0.73
Operating Income	0.95	-0.66	0.67	0.95	0.98	0.98	0.97		0.99	0.94	0.99	0.99	0.94	1.0	0.21	1.0	0.95	1.0	0.88	0.94	0.9	0.91	0.89	0.72	-0.81
Ebit	0.96	-0.66	0.68	0.96	1.0	0.99	0.99	0.99		0.96	1.0	1.0	0.96	0.99	0.08	0.99	0.92	0.99	0.89	0.91	0.91	0.92	0.88	0.77	-0.8
Research Development	0.99	-0.55	0.81	1.0	0.98	0.98	0.99	0.94	0.96		0.96	0.98	1.0	0.94	0.04	0.95	0.84	0.94	0.88	0.82	0.79	0.81	0.89	0.85	-0.66
Ebitda	0.96	-0.66	0.69	0.96	1.0	1.0	0.99	0.99	1.0	0.96		1.0	0.96	0.99	0.08	0.99	0.92	0.99	0.89	0.91	0.9	0.92	0.89	0.77	-0.79
Cost Of Revenue	0.97	-0.66	0.73	0.98	1.0	1.0	1.0	0.99	1.0	0.98	1.0		0.98	0.98	0.08	0.99	0.91	0.98	0.89	0.9	0.87	0.89	0.9	0.79	-0.76
Total Operating Expenses	0.99	-0.55	0.82	1.0	0.98	0.98	0.99	0.94	0.96	1.0	0.96	0.98		0.94	0.05	0.94	0.84	0.94	0.86	0.82	0.79	0.81	0.88	0.84	-0.66
Income Before Tax	0.94	-0.66	0.66	0.95	0.98	0.98	0.97	1.0	0.99	0.94	0.99	0.98	0.94		0.21	1.0	0.95	1.0	0.89	0.94	0.91	0.92	0.88	0.72	-0.81
Total Other Income Expense Net	0.11	-0.01	0.02	0.08	0.08	0.07	0.07	0.21	0.08	0.04	0.08	0.08	0.05	0.21		0.19	0.32	0.19	0.15	0.33	0.05	0.05	0.19	-0.15	-0.09
Net Income	0.95	-0.63	0.66	0.95	0.99	0.99	0.98	1.0	0.99	0.95	0.99	0.99	0.94	1.0	0.19		0.93	1.0	0.9	0.92	0.91	0.92	0.88	0.74	-0.81
Income Tax Expense	0.87	-0.77	0.59	0.85	0.91	0.9	0.89	0.95	0.92	0.84	0.92	0.91	0.84	0.95	0.32	0.93		0.93	0.76	1.0	0.84	0.85	0.83	0.53	-0.82
Net Income From Continuing Ops	0.94	-0.64	0.65	0.94	0.98	0.98	0.97	1.0	0.99	0.94	0.99	0.98	0.94	1.0	0.19	1.0	0.93		0.9	0.93	0.91	0.93	0.88	0.74	-0.81
Non Operating Income Net Other	0.87	-0.37	0.58	0.87	0.89	0.89	0.89	0.88	0.89	0.88	0.89	0.89	0.86	0.89	0.15	0.9	0.76	0.9		0.75	0.82	0.84	0.81	0.83	-0.63
Tax Provision	0.85	-0.78	0.55	0.83	0.89	0.89	0.88	0.94	0.91	0.82	0.91	0.9	0.82	0.94	0.33	0.92	1.0	0.93	0.75		0.84	0.84	0.83	0.51	-0.82
Interest Income	0.78	-0.55	0.47	0.8	0.87	0.87	0.85	0.9	0.91	0.79	0.9	0.87	0.79	0.91	0.05	0.91	0.84	0.91	0.82	0.84		1.0	0.69	0.6	-0.91
Net Interest Income	0.8	-0.54	0.49	0.82	0.89	0.89	0.86	0.91	0.92	0.81	0.92	0.89	0.81	0.92	0.05	0.92	0.85	0.93	0.84	0.84	1.0		0.71	0.63	-0.9
Reconciled Depreciation	0.93	-0.57	0.69	0.9	0.89	0.89	0.9	0.89	0.88	0.89	0.89	0.9	0.88	0.88	0.19	0.88	0.83	0.88	0.81	0.83	0.69	0.71		0.82	-0.49
Extraordinary Items	0.85	-0.2	0.6	0.84	0.8	0.8	0.81	0.72	0.77	0.85	0.77	0.79	0.84	0.72	-0.15	0.74	0.53	0.74	0.83	0.51	0.6	0.63	0.82		-0.38
Non Recurring	-0.65	0.6	-0.29	-0.67	-0.76	-0.76	-0.73	-0.81	-0.8	-0.66	-0.79	-0.76	-0.66	-0.81	-0.09	-0.81	-0.82	-0.81	-0.63	-0.82	-0.91	-0.9	-0.49	-0.38

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Arista Networks Account Relationship Matchups

Arista Networks income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	32.8M	44.6M	50.3M	62.7M	70.6M	74.2M
Interest Expense	56.5M	39.2M	6.1M	(54.7M)	(49.2M)	(46.8M)
Selling General Administrative	61.9M	66.2M	83.1M	93.2M	119.1M	67.1M
Selling And Marketing Expenses	213.9M	229.4M	286.2M	327.0M	399.0M	419.0M
Total Revenue	2.4B	2.3B	2.9B	4.4B	5.9B	6.2B
Gross Profit	1.5B	1.5B	1.9B	2.7B	3.6B	3.8B
Other Operating Expenses	1.6B	1.6B	2.0B	2.9B	3.6B	3.8B
Operating Income	805.8M	699.7M	924.7M	1.5B	2.3B	2.4B
Ebit	805.8M	699.7M	924.7M	1.5B	2.2B	2.4B
Research Development	462.8M	486.6M	586.8M	728.4M	854.9M	897.7M
Ebitda	838.6M	744.3M	975.1M	1.6B	2.3B	2.4B
Cost Of Revenue	866.4M	835.6M	1.1B	1.7B	2.2B	2.3B
Total Operating Expenses	738.6M	782.2M	956.0M	1.1B	1.4B	1.4B
Income Before Tax	862.3M	738.9M	930.9M	1.6B	2.4B	2.5B
Total Other Income Expense Net	56.5M	39.2M	6.1M	54.7M	12.4M	13.0M
Net Income	859.9M	634.6M	840.9M	1.4B	2.1B	2.2B
Income Tax Expense	2.4M	104.3M	90.0M	229.4M	334.7M	351.4M
Net Income Applicable To Common Shares	859.4M	634.6M	840.9M	1.4B	1.6B	1.6B
Net Income From Continuing Ops	859.9M	634.6M	840.9M	1.4B	2.1B	2.2B
Non Operating Income Net Other	56.5M	39.2M	6.1M	54.7M	62.9M	66.0M
Tax Provision	2.4M	104.3M	90.0M	229.4M	334.7M	351.4M
Interest Income	51.1M	27.1M	7.2M	27.6M	152.4M	160.0M
Net Interest Income	51.1M	27.1M	7.2M	27.6M	152.4M	160.0M
Reconciled Depreciation	32.8M	44.6M	50.3M	62.7M	70.6M	48.6M

Pair Trading with Arista Networks

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arista Networks position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arista Networks will appreciate offsetting losses from the drop in the long position's value.

Moving together with Arista Stock

0.7	FN	Fabrinet Fiscal Year End 19th of August 2024	Pair Corr
0.64	UI	Ubiquiti Networks Tech Boost	Pair Corr

Moving against Arista Stock

0.49	AMPGW	AmpliTech Group	Pair Corr
0.48	EVLV	Evolv Technologies	Pair Corr
0.45	BAERW	Bridger Aerospace	Pair Corr
0.42	EMKR	EMCORE Fiscal Year End 10th of December 2024	Pair Corr

The ability to find closely correlated positions to Arista Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arista Networks when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arista Networks - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arista Networks to buy it.

The correlation of Arista Networks is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arista Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arista Networks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Arista Networks can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Arista Networks is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Arista Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Arista Networks Stock. Highlighted below are key reports to facilitate an investment decision about Arista Networks Stock:

How To Invest In Arista

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Is Arista Stock a good investment?

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What is Arista Networks' Net Worth?

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For more information on how to buy Arista Stock please use our How to Invest in Arista Networks guide.

Note that the Arista Networks information on this page should be used as a complementary analysis to other Arista Networks' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Arista Stock analysis

When running Arista Networks' price analysis, check to measure Arista Networks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arista Networks is operating at the current time. Most of Arista Networks' value examination focuses on studying past and present price action to predict the probability of Arista Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arista Networks' price. Additionally, you may evaluate how the addition of Arista Networks to your portfolios can decrease your overall portfolio volatility.

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Is Arista Networks' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Arista Networks. If investors know Arista will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Arista Networks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.442

Earnings Share

7.2

Revenue Per Share

19.559

Quarterly Revenue Growth

0.163

Return On Assets

0.1681

The market value of Arista Networks is measured differently than its book value, which is the value of Arista that is recorded on the company's balance sheet. Investors also form their own opinion of Arista Networks' value that differs from its market value or its book value, called intrinsic value, which is Arista Networks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Arista Networks' market value can be influenced by many factors that don't directly affect Arista Networks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Arista Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Arista Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arista Networks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Arista Historical Income Statement

About Arista Income Statement Analysis

Arista Networks Income Statement Chart

Interest Expense

Total Revenue

Gross Profit

Arista Networks income statement Correlations

Arista Networks Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Arista Networks income statement Accounts

Pair Trading with Arista Networks

Moving together with Arista Stock

Moving against Arista Stock

Complementary Tools for Arista Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Research Development	+ 1.0	Selling And Marketing Expenses
Total Operating Expenses	+ 1.0	Selling And Marketing Expenses
Gross Profit	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Total Revenue
Ebit	+ 1.0	Total Revenue
Ebitda	+ 1.0	Total Revenue

Non Recurring	- 0.91	Interest Income
Non Recurring	- 0.9	Net Interest Income
Non Recurring	- 0.82	Tax Provision
Non Recurring	- 0.82	Income Tax Expense
Non Recurring	- 0.81	Net Income From Continuing Ops
Non Recurring	- 0.81	Net Income