Analysis of Revenues
Revenues as Reported
Arista Networks Inc., income statement, revenues
US$ in thousands
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
- Revenue Growth Overview
- The total revenue demonstrates a consistent upward trajectory from 2020 through 2024, increasing from approximately $2.3 billion in 2020 to around $7.0 billion in 2024. This reflects a substantial expansion of more than threefold over the five-year period.
- Regional Revenue Trends - Americas
- Revenue from the Americas region shows a strong and steady increase each year, with figures rising from approximately $1.77 billion in 2020 to nearly $5.73 billion in 2024. This region remains the dominant contributor to overall revenue, accounting for the majority of total income. The growth rate appears especially pronounced from 2021 to 2024, indicating robust market performance.
- Regional Revenue Trends - Europe, Middle East and Africa (EMEA)
- The EMEA region experienced a significant rise from about $327 million in 2020 to over $713 million in 2024. While smaller compared to the Americas, the region's revenue trends upward consistently, with amplitude reduction in growth between 2023 and 2024, suggesting a potential stabilization phase.
- Regional Revenue Trends - Asia Pacific
- Revenue in the Asia Pacific region also grows steadily, from roughly $219 million to approximately $561 million between 2020 and 2024. The growth rate is consistent but somewhat less steep than in the Americas and EMEA regions, indicating moderate expansion within this market over the period.
- Comparison of Regional Contributions
- The Americas region contributes the largest share of revenue each year, followed by EMEA and then Asia Pacific. All regions contribute to the overall increase in total revenue; however, the rate of growth in the Americas notably outpaces the other regions, suggesting it as the primary driver of revenue expansion.
- Insights on Revenue Composition
- The revenue composition indicates a reliance on the Americas market but with meaningful contributions from both EMEA and Asia Pacific markets. The continuous growth in these latter regions points to successful international expansion efforts. The deceleration in growth in EMEA in the later years may warrant closer monitoring.