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

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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.

Amazon

Broadcom

Cambium Networks Corp

Cisco Systems

Dell Technologies

Extreme Networks

Fortinet

Hewlett Packard

Juniper Networks

Palo Alto Networks

Splunk

Ubiquiti Inc

We have our first big merger of 2024. Hewlett Packard Enterprise (NYSE: HPE ) is buying Juniper Networks (NYSE: JNPR ) for about $14 billion.

Don't Bet on Tech M&A Wave Following HPE-JNPR Deal

With a debt-free balance sheet, ANET's stock valuation stands at 26 times its forward non-GAAP operating profits, presenting an appealing investment opportunity. The company's strategic move to consolidate cloud and AI titan customers into a single sector, contributing over 40% to the total revenue mix, reflects adaptability to market trends. Despite near-term challenges, including supply chain uncertainties and evolving customer spending patterns, ANET is still highly profitable.

Arista Networks: Debt-Free, Priced At 26x Operating Profits

Arista Networks (ANET) closed at $245.20 in the latest trading session, marking a -0.26% move from the prior day.

Arista Networks (ANET) Declines More Than Market: Some Information for Investors

American Airlines

Alaska Air Group

Advanced Micro Devices

Boeing

Eli Lilly

NVIDIA

Invesco QQQ

Snowflake

A rally of 1.43% on January 8 brought the broad index back above its 5-day and 10-day lines, as American Airlines Group Inc. NASDAQ: AAL, Arista Networks Inc. NYSE: ANET, Nvidia Corp. NASDAQ: NVDA, Advanced Micro Devices NASDAQ: AMD and Fortinet Inc. NASDAQ: FTNT led the market higher.

Where will S&P 500 go after new bullish levels?

Nvidia and other AI stocks were among the S&P 500's biggest winners Monday. Boeing and several oil stocks led the downside.

Three AI Stocks Among S&P 500 Top Performers Monday

Booking Hlds

Lululemon Athletica

Micron Technology

PulteGroup

With the market pulling back to start 2024, which stocks are finding key support? AMD and Meta are S&P 500 stocks holding the 21-day line.

Seven Big 2023 Winners Holding Strong In New Year

AudioCodes

Turtle Beach

Increased fiber densification and accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. ANET, AUDC and HEAR are well-positioned to make the most of the demand for seamless connectivity solutions.

3 Communication Stocks Likely to Sail Against Industry Odds

Coursera

Super Micro Computer

Artificial intelligence stocks have been top performers in the market. Nvidia's (NASDAQ: NVDA ) blowout earnings brought more attention to the space and created a gold rush of sorts.

The 3 Hottest AI Stocks to Watch in 2024

LM Ericsson Telefon

Pure Storage

Computer networking companies provide products for internet connectivity and networking to encompass wireless and Ethernet connections. A number of companies in the sector offer IT security products and systems related to the Internet of Things phenomenon.

3 Top Computer Networking Stocks to Buy for 2024

Arista Networks (ANET) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Arista Networks (ANET) Upgraded to Strong Buy: Here's Why

The three-weeks-tight pattern forming in ANET stock could indicate an opportunity to add shares.

ANET Stock Forms Add-On Entry After Earnings-Fueled Breakout

Builders FirstSource

Carnival

Salesforce

Fair Isaac

Intel

Jabil

Lam Research

Monolithic Power Systems

ServiceNow

Royal Caribbean Cruises

Tesla

Uber

The 2023 rally for stocks in the U.S. accelerated as more investors bought the idea that the Federal Reserve succeeded in its effort to bring inflation to heel.

These 20 stocks soared the most in 2023

Allstate

Chipotle

Centene

Catalent

Expedia

Illumina

Warner Bros Discovery Inc

Zions Bancorp

Talk about a strong finish. Investors who hung onto the top S&P 500 stocks this year ended up much richer for the effort.

12 Stocks Turn $10,000 Into $320,800 In 12 Months

In the most recent trading session, Arista Networks (ANET) closed at $237.73, indicating a +0.08% shift from the previous trading day.

Here's Why Arista Networks (ANET) Gained But Lagged the Market Today

InterDigital

United States Cellular

U.S. Cellular (USM), Arista (ANET) and InterDigital (IDCC) are poised to benefit in 2024 owing to healthy growth dynamics and solid fundamentals.

3 Telecom Stocks You Should Not Miss Adding to 2024 Portfolio

Cloudflare

While Nvidia was the big winner for investors this year in the generative AI boom, other tech stocks have also gotten a boost

Here are 3 stocks — other than Nvidia — getting an AI premium from Wall Street

With healthy fundamentals and solid inherent growth potential, Arista (ANET) appears to be a solid investment option at the moment.

Here's What Makes Arista (ANET) a Promising Portfolio Pick

Arista Networks (ANET) could produce exceptional returns because of its solid growth attributes.

3 Reasons Why Growth Investors Shouldn't Overlook Arista Networks (ANET)

Arista Networks, Inc. (NYSE:ANET ) Raymond James TMT & Consumer Conference December 5, 2023 1:40 PM ET Company Participants Ita Brennan - CFO Liz Stine - IR Conference Call Participants Simon Leopold - Raymond James Simon Leopold Thank you very much folks for joining us. My name is Simon Leopold, Raymond James' Data Infrastructure Analyst, and I am pleased to welcome for our fireside.

Arista Networks, Inc. (ANET) Presents at Raymond James TMT & Consumer Conference (Transcript)

After several twists and turns, the S&P 500 set a record high of 2023. Nvidia (NVDA), Royal Caribbean (RCL), Arista Networks (ANET), ServiceNow (NOW) and Amazon (AMZN) have gained more than 75%.

5 Top-Ranked Stocks Pushing S&P 500 to 2023 Peak

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.

Here's Why Arista Networks (ANET) is a Strong Growth Stock

Copart

CrowdStrike

Lyft

Pinterest

With the Fed likely to trim interest rates along with seasonal tailwinds, growth stocks like Copart (CPRT), Pinterest (PINS), Arista Networks (ANET), CrowdStrike (CRWD), and Lyft (LYFT) are poised to gain strength.

5 Top Growth Stocks to Own in December

News for Arista Networks Stock (ANET)