Arista Networks, Inc. (ANET)

USD 108.07

(-4.32%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 5.86 Billion 4.38 Billion 2.94 Billion 2.31 Billion 2.41 Billion 2.15 Billion
Cost of Revenue 2.22 Billion 1.7 Billion 1.06 Billion 835.62 Million 866.36 Million 777.99 Million
Gross Profit 3.63 Billion 2.67 Billion 1.88 Billion 1.48 Billion 1.54 Billion 1.37 Billion
Operating Expenses 1.37 Billion 1.14 Billion 956.04 Million 782.2 Million 738.56 Million 695.03 Million
Selling, General and Administrative Expenses 518.11 Million 420.19 Million 369.28 Million 295.6 Million 275.8 Million 252.56 Million
Research and Development Expenses 854.91 Million 728.39 Million 586.75 Million 486.59 Million 462.75 Million 442.46 Million
Other Expenses - 54.69 Million 6.14 Million 39.17 Million 56.49 Million 18.15 Million
Cost and Expenses 3.6 Billion 2.85 Billion 2.02 Billion 1.61 Billion 1.6 Billion 1.47 Billion
Operating Income 2.25 Billion 1.52 Billion 924.73 Million 699.68 Million 805.77 Million 273.34 Million
Interest Expense - - - - - 2.7 Million
Income Tax Expense 334.7 Million 229.35 Million 90.02 Million 104.3 Million 2.4 Million -39.31 Million
Earnings before Tax 2.42 Billion 1.58 Billion 930.87 Million 738.86 Million 862.27 Million 288.8 Million
Net Income 2.08 Billion 1.35 Billion 840.85 Million 634.55 Million 859.86 Million 328.11 Million
Earnings Per Share Basic 6.75 4.41 2.74 2.09 2.82 1.01
Earnings Per Share Diluted 6.58 4.27 2.63 2.00 2.66 1.01
Weighted Average Shares Outstanding 309.35 Million 306.47 Million 306.51 Million 303.93 Million 305.24 Million 323.36 Million
Weighted Average Shares Outstanding (Diluted) 317.13 Million 316.45 Million 319.23 Million 317.86 Million 323.51 Million 323.37 Million
Gross Margin 0.62 0.61 0.64 0.64 0.64 0.64
EBIT Margin 0.40 0.36 0.33 0.32 0.35 0.34
Profit Margin 0.36 0.31 0.29 0.27 0.36 0.15
EBITDA 2.32 Billion 1.58 Billion 975.07 Million 699.68 Million 838.62 Million 318.2 Million
Earnings Before Tax Margin 0.39 0.35 0.31 0.30 0.33 0.13

Income Statement Charts