Revenue segments as reported by the company.

Product

Service

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Arista Networks

Arista Networks, Inc. engages in the development, marketing, and sale of cloud networking solutions. Its cloud networking solutions consist of Extensible Operating System (EOS), a set of network applications and Ethernet switching, and routing platforms. The company was founded by Andreas Bechtolsheim, David Cheriton, and Kenneth Duda in October 2004 and is headquartered in Santa Clara, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Arista Networks reports record 2022 growth, addresses supply chain challenges

Arista Networks delivered a strong performance in 2022, driven by strategic partnerships and product innovation. While facing challenges such as supply chain disruptions and potential revenue deceleration concerns, the company remains optimistic about growth opportunities in cloud, enterprise, and data center markets. By focusing on core strengths and addressing challenges proactively, Arista is poised for continued success in 2023.

Arista Networks excels in Q1 earnings, eyes growth in high-speed tech and AI applications

Arista Networks delivered robust financial performance, showcasing strength in high-speed technologies and customer wins across sectors. Challenges include visibility issues with cloud titan customers and potential sales cycle slowdowns. The company is well-positioned for growth with opportunities in AI applications and new technology introductions.

Arista Networks excels in Q2 earnings, eyes AI networking growth

Arista Networks delivered robust financial results in Q2 2023, driven by improved gross margins and international revenue growth. The company's focus on AI networking and enterprise market strength positions it well for future growth. Challenges include a cloud titan's CapEx slowdown and the transition to 800 gig WAN.

Arista Networks reports robust Q3 earnings, eyes cloud business growth

Arista Networks delivered strong financial results in Q3 2023, showcasing resilience and growth potential. While facing challenges in supply chain and product development timing, the company is well-positioned for future success with a focus on new products and strategic partnerships. Opportunities in cloud business and operational cost advantages present avenues for continued growth.

Arista Networks surpasses Q4 revenue expectations, eyes AI networking growth

Arista Networks delivered strong financial performance in Q4 2023, driven by international contributions and a focus on AI networking. While facing challenges in a dynamic market, the company is strategically positioned to capitalize on opportunities in adjacent sectors and AI innovation.

Arista Networks excels in Q1 2024, eyes growth opportunities

Arista Networks delivered robust financial results in Q1 2024, showcasing growth and profitability.
The company's strategic initiatives around technology innovation and market expansion position it well for future success.
Challenges in technology adoption and competitive landscape require proactive strategies and adaptability.
Opportunities in new markets, organizational enhancements, and customer segments offer avenues for sustained growth.

Arista Networks excels in Q2 with strong financials and AI focus

Arista Networks delivered a strong performance in Q2 2024, driven by robust financials, innovative products, and customer success.
While facing challenges in maintaining margins and navigating competition, Arista's focus on AI networking presents growth opportunities.
The company's financial stability, customer satisfaction, and strategic guidance for Q3 signal a promising outlook for future growth.

Arista Networks posts robust Q3 results, eyes AI network growth

Arista Networks (ANET) delivered a strong Q3 performance with robust financials, driven by international growth and product innovation.
While facing competition and supply chain challenges, the company remains well-positioned with opportunities for revenue growth and market expansion.
Strategic initiatives like the stock split and focus on AI networking underscore Arista Networks' (ANET) commitment to future growth and innovation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Arista Networks, Inc. engages in the development, marketing, and sale of cloud networking solutions. Its solutions include EOS, a set of network applications, and Gigabit Ethernet switching and routing platforms. Its product categories include Core, Cognitive Adjacencies, and Network Software and Services. The company was founded by Andreas Bechtolsheim, David Cheriton, and Kenneth Duda in November 2004 and is headquartered in Santa Clara, CA.

Oracle

Palo Alto Networks

3 Unstoppable Growth Stocks to Buy if There's a Stock Market Sell-Off

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Is Arista Networks (ANET) a Buy as Wall Street Analysts Look Optimistic?

Micron Technology

Tesla

The 2024 Q3 earnings cycle is nearing its end, with a handful of S&P 500 companies remaining to report quarterly results. Throughout the period, these three quarterly releases stole the spotlight.

These 3 Quarterly Reports Positively Shocked Investors: TSLA, MU, ANET

NVIDIA

QUALCOMM

NVIDIA, QUALCOMM and Arista Networks are currently exhibiting superb earnings growth.

NVIDIA, QCOM & 1 Other S&P 500 Stock Show Solid Earnings Growth

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Why Arista Networks (ANET) is a Top Growth Stock for the Long-Term

Riding on a robust earnings surprise history and favorable Zacks Rank, ANET appears primed for further stock price appreciation.

Should ANET Stock Be in Your Portfolio Post Solid Q3 Earnings?

Cloud networking company Arista Networks, Inc. (ANET) is gaining on AI networking wins, financial performance.

Arista Networks Rising Higher

I rate Arista Networks a Buy due to its strong cash flow, premium valuation, and potential for value creation through M&A or increased buybacks. Despite lower growth guidance, ANET's management has a history of underpromising and overdelivering. The Company's premium multiple makes acquisitions highly accretive, potentially adding significant value via the valuation gap vs. the target.

Arista: M&A Plus Growing Cash Pile Provide Growth Optionality

Recently, Zacks.com users have been paying close attention to Arista Networks (ANET). This makes it worthwhile to examine what the stock has in store.

Arista Networks, Inc. (ANET) Is a Trending Stock: Facts to Know Before Betting on It

Arista Networks is a market leader in ethernet networking, crucial for large-scale GPU AI training clusters, with significant growth potential in data centers. Despite strong earnings and market position, ANET's valuation is high, trading at over 40x P/E, making it a Hold for now. Analysts remain optimistic about Arista's conservative 2025 guidance, noting its impeccable track record of beating expectations and potential revenue growth from AI deployments.

Arista Networks: Waiting For My Entry Point

Fortinet

Keeping in mind that a lower inflationary environment can be very favorable for tech companies, Arista Networks (ANET) and Fortinet (FTNT) are two stocks to keep an eye on after their strong Q3 results on Thursday.

2 Intriguing Tech Stocks to Buy After Q3 Earnings: ANET, FTNT

The company's September results were a solid beat, with revenue rising 20% to $1.8 billion.

Arista's Sales of AI Data Center Networks Were Good. Investors Wanted More.

Innovative product launches and steady customer additions helped ANET to beat third-quarter 2024 earnings estimates.

Arista Beats Q3 Earnings Estimates on Solid Top-Line Growth

Arista Networks Inc (NYSE:ANET) stock is down 5.8% at $405.83 at last glance, despite the company's better-than-expected third-quarter results -- including an earnings beat and record revenue -- due to shrinking margins.

Cloud Software Stock Slips From Record Highs After Earnings

Arista Networks, Inc. (ANET) Q3 2024 Earnings Call Transcript

Arista Networks (ANET) came out with quarterly earnings of $2.40 per share, beating the Zacks Consensus Estimate of $2.09 per share. This compares to earnings of $1.83 per share a year ago.

Arista Networks (ANET) Beats Q3 Earnings and Revenue Estimates

Arista Networks (ANET) shares tumbled in extended trading Thursday as the company reported shrinking margins, despite profits that topped Wall Street's expectations.

Arista Networks Stock Tumbles in Late Trading After Reporting Earnings

Arista Networks projected fourth-quarter revenue above Wall Street estimates on Thursday, as the growing foot print of data centers amid an AI boom lifted demand for its networking equipment.

Arista Networks sees fourth-quarter revenue above estimates on steady demand

Arista Q3 earnings and revenue topped estimates amid views artificial intelligence-related growth will kick-in in 2025. The post Arista Networks Earnings, Revenue Top Estimates Amid Big 2024 Gain appeared first on Investor's Business Daily.

Arista Networks Earnings, Revenue Top Estimates Amid Big 2024 Gain

SANTA CLARA, Calif.--(BUSINESS WIRE)--Arista Networks, Inc. (NYSE: ANET), an industry leader in data-driven, client-to-cloud networking for large AI, data center, campus and routing environments, today announced financial results for its third quarter ended September 30, 2024. Third Quarter Financial Highlights “Arista remains at the forefront of next generation centers of data across client-to-cloud and AI focused locations,” said Jayshree Ullal, Chairperson and CEO of Arista Networks. “Our Q3.

Arista Networks, Inc. Reports Third Quarter 2024 Financial Results

Arista Networks (ANET) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Arista Networks (ANET) is an Incredible Growth Stock: 3 Reasons Why

ARM Holdings PLC

The AI story continues to grip investors, with many seeking exposure over the last year.

Are These AI Stocks a Buy Before Earnings?

ServiceNow

One of my favorite ways to pick winning stocks by combining two of the most effective methods out there; the Zacks Rank and momentum. The Zacks Rank is a highly effective quantitative strategy that aggregates all analyst ratings of a stock and converts them into a simple ranking.

3 Momentum Stocks About to Surge (TSLA, NOW, ANET)

Apple

Amazon

Alphabet

Intel

Palantir Technologies

Third-quarter earnings season enters the home stretch this week. The quarter appears to have been mixed for corporate America, with companies broadly beating estimates while scaling back fourth-quarter guidance.

Earnings Season Is In the Home Stretch. Here's What You Need to Know.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

News for Arista Networks Stock (ANET)