Arista Networks (ANET) stock price, revenue, and financials

Arista Networks market cap is $16.7 b, and annual revenue was $2.41 b in FY 2019

$16.7 B

ANET Mkt cap, 22-May-2020

$523 M

Arista Networks Revenue Q1, 2020
Arista Networks Gross profit (Q1, 2020)338.3 M
Arista Networks Gross profit margin (Q1, 2020), %64.7%
Arista Networks Net income (Q1, 2020)138.4 M
Arista Networks EBIT (Q1, 2020)149.7 M
Arista Networks Cash, 31-Mar-2020761.3 M
Arista Networks EV16 B

Arista Networks Revenue

Arista Networks revenue was $2.41 b in FY, 2019

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Arista Networks Revenue Breakdown

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Arista Networks revenue breakdown by business segment: 14.4% from Service and 85.6% from Product

Arista Networks revenue breakdown by geographic segment: 72.1% from Americas, 8.7% from Asia Pacific and 19.2% from Europe, Middle East and Africa

Arista Networks Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.1b1.6b2.2b2.4b

Revenue growth, %

35%46%31%

Cost of goods sold

406.1m584.4m778.0m866.4m

Gross profit

723.1m1.1b1.4b1.5b

Gross profit Margin, %

64%64%64%64%

Sales and marketing expense

130.9m155.1m187.1m213.9m

R&D expense

273.6m349.6m442.5m462.8m

General and administrative expense

75.2m86.8m65.4m61.9m

Operating expense total

479.7m591.5m1.1b738.6m

EBIT

243.4m470.3m273.3m805.8m

EBIT margin, %

22%29%13%33%

Interest expense

3.1m2.8m2.7m56.5m

Pre tax profit

242.2m474.8m288.8m862.3m

Income tax expense

58.0m51.6m(39.3m)2.4m

Net Income

184.2m423.2m328.1m859.9m

Arista Networks Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

567.9m859.2m650.0m1.1b

Accounts Receivable

253.1m247.3m331.8m392.0m

Prepaid Expenses

111.5m

Inventories

236.5m306.2m264.6m243.8m

Current Assets

1.5b2.3b2.7b3.5b

PP&E

168.7m177.3m75.4m39.3m

Goodwill

53.7m54.9m

Total Assets

1.7b2.5b3.1b4.2b

Accounts Payable

79.5m52.2m93.8m92.1m

Current Liabilities

459.6m529.9m606.5m597.1m

Long-term debt

39.6m37.7m35.4m83.0m

Total Debt

39.6m37.7m35.4m83.0m

Total Liabilities

621.2m798.9m938.6m1.3b

Common Stock

7.0k7.0k8.0k8.0k

Preferred Stock

Additional Paid-in Capital

674.2m804.7m956.6m1.1b

Retained Earnings

435.1m859.1m1.2b1.8b

Total Equity

1.1b1.7b2.1b2.9b

Debt to Equity Ratio

0 x0 x0 x

Debt to Assets Ratio

0 x0 x0 x

Financial Leverage

1.6 x1.5 x1.4 x1.4 x

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

710.7m531.1m500.5m746.6m823.5m854.5m886.2m711.2m524.7m809.5m944.4m1.1b761.3m

Accounts Receivable

135.1m146.7m210.2m209.1m269.6m212.6m207.3m260.9m322.1m271.2m343.1m447.3m352.2m

Prepaid Expenses

85.9m

Inventories

84.0m118.1m162.1m286.8m363.8m333.2m268.1m245.4m216.3m347.2m314.2m239.8m261.8m

Current Assets

1.0b1.1b1.3b1.7b1.9b2.1b2.4b2.6b2.4b2.9b3.0b3.2b3.3b

PP&E

79.9m79.7m78.1m76.3m75.8m73.1m73.8m73.7m75.4m41.5m41.0m40.2m37.8m

Goodwill

55.2m53.7m53.7m54.9m84.8m

Total Assets

1.2b1.3b1.5b1.9b2.2b2.3b2.6b2.8b2.8b3.3b3.4b3.6b4.1b

Accounts Payable

24.8m60.1m77.0m61.0m80.4m32.9m70.4m53.2m85.1m89.8m86.1m78.6m84.8m

Current Liabilities

214.3m263.4m355.1m532.5m610.8m567.5m457.8m826.8m539.8m543.2m525.0m548.2m573.0m

Long-term debt

40.8m40.4m40.0m39.1m38.7m38.2m37.1m36.6m36.0m93.6m89.7m87.1m78.5m

Total Debt

40.8m40.4m40.0m39.1m38.7m38.2m37.1m36.6m36.0m93.6m89.7m87.1m78.5m

Total Liabilities

360.1m418.2m507.7m711.2m805.2m777.2m735.0m1.1b852.4m932.1m915.7m963.8m1.3b

Common Stock

7.0k7.0k7.0k7.0k7.0k7.0k8.0k8.0k8.0k8.0k8.0k8.0k8.0k

Preferred Stock

Additional Paid-in Capital

564.3m592.5m636.1m711.1m737.4m770.3m841.4m872.6m929.8m1.0b1.0b1.1b1.1b

Retained Earnings

286.2m325.1m376.3m518.9m621.6m755.3m1.0b852.0m1.0b1.4b1.5b1.6b1.7b

Total Equity

849.9m916.8m1.0b1.2b1.4b1.5b1.8b1.7b1.9b2.4b2.5b2.7b2.8b

Debt to Equity Ratio

0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x

Debt to Assets Ratio

0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x

Financial Leverage

1.4 x1.5 x1.5 x1.6 x1.6 x1.5 x1.4 x1.6 x1.4 x1.4 x1.4 x1.4 x1.4 x

Arista Networks Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

184.2m423.2m328.1m859.9m

Depreciation and Amortization

19.7m20.6m27.7m32.8m

Accounts Receivable

(108.9m)5.8m(77.9m)(60.2m)

Inventories

(144.4m)(69.7m)51.1m20.9m

Accounts Payable

38.7m(30.1m)39.3m(1.9m)

Cash From Operating Activities

131.4m631.6m503.1m963.0m

Purchases of PP&E

(21.4m)(15.3m)(23.8m)(15.8m)

Cash From Investing Activities

(326.0m)(392.6m)(755.1m)(284.1m)

Long-term Borrowings

(1.3m)(1.6m)(1.9m)

Cash From Financing Activities

75.6m51.5m42.9m(218.0m)

Net Change in Cash

(119.4m)291.3m(210.5m)461.4m

Interest Paid

2.7m

Income Taxes Paid

17.6m32.8m

Arista Networks Ratios

USDY, 2020

EV/EBIT

106.8 x

EV/CFO

82 x

Financial Leverage

1.4 x

Arista Networks Operating Metrics

Arista Networks's Units Shipped was reported to be 10 m in FY, 2016. Arista Networks's Customers was reported to be 5.5 k in FY, 2018.
FY, 2015FY, 2016FY, 2017FY, 2018

Countries

70 80 80 86

Customers

3.70 k4.20 k4.90 k5.50 k

Units Shipped

5 m10 m

Arista Networks Employee Rating

3.6427 votes
Culture & Values
3.7
Work/Life Balance
4.1
Senior Management
3.4
Salary & Benefits
3.1
Career Opportunities
3.4
Source