Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Arista Networks Inc., consolidated balance sheet: assets (quarterly data)

US$ in thousands

	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Cash and cash equivalents	2,326,600)	2,225,500)	1,845,100)	2,762,357)	3,175,139)	2,429,031)	2,092,101)	1,938,606)	1,748,818)	1,261,836)	956,341)	671,707)	716,253)	493,246)	635,025)	620,813)	630,982)	893,688)	843,336)	893,219)	970,349)	800,182)	761,333)
Marketable securities	7,779,600)	6,618,900)	6,304,500)	5,541,116)	4,253,249)	3,844,923)	3,357,597)	3,069,362)	2,706,785)	2,479,290)	2,374,789)	2,352,022)	2,263,818)	2,408,656)	2,788,889)	2,787,502)	2,755,499)	2,388,015)	2,184,330)	1,979,649)	1,875,552)	1,981,589)	1,875,660)
Accounts receivable, net	1,489,400)	1,623,600)	1,435,900)	1,140,478)	1,130,897)	1,226,795)	1,090,041)	1,024,569)	833,374)	779,726)	862,875)	923,096)	651,512)	585,786)	648,606)	516,509)	395,590)	364,214)	380,466)	389,540)	300,217)	383,225)	352,159)
Inventories	2,155,700)	2,059,100)	1,957,300)	1,834,572)	1,769,962)	1,853,776)	2,025,204)	1,945,180)	1,893,538)	1,864,334)	1,682,703)	1,289,706)	1,100,550)	852,810)	694,217)	650,117)	575,665)	543,199)	483,168)	479,668)	438,102)	326,997)	261,798)
Prepaid expenses and other current assets	1,433,500)	976,400)	733,500)	632,292)	548,693)	487,793)	361,340)	412,518)	472,483)	466,371)	393,825)	314,217)	299,545)	388,697)	338,437)	237,735)	166,222)	139,279)	111,595)	94,922)	69,647)	84,885)	85,949)
Current assets	15,184,800)	13,503,500)	12,276,300)	11,910,815)	10,877,940)	9,842,318)	8,926,283)	8,390,235)	7,654,998)	6,851,557)	6,270,533)	5,550,748)	5,031,678)	4,729,195)	5,105,174)	4,812,676)	4,523,958)	4,328,395)	4,002,895)	3,836,998)	3,653,867)	3,576,878)	3,336,899)
Property and equipment, net	172,600)	152,300)	123,900)	98,845)	93,034)	96,282)	97,949)	101,580)	102,592)	101,705)	97,157)	95,009)	96,449)	91,823)	87,391)	78,634)	75,373)	32,362)	32,462)	32,231)	32,670)	35,263)	37,806)
Goodwill	416,200)	416,500)	268,500)	268,532)	268,532)	268,531)	268,531)	268,531)	268,531)	268,531)	265,924)	265,924)	271,018)	273,494)	216,915)	188,397)	188,397)	188,277)	188,277)	189,696)	84,968)	84,968)	84,781)
Deferred tax assets	1,665,400)	1,802,500)	1,544,300)	1,440,418)	1,318,224)	1,177,172)	1,025,861)	945,792)	793,015)	705,856)	646,066)	574,912)	473,808)	442,455)	446,347)	442,295)	428,764)	433,674)	438,277)	441,531)	443,229)	446,254)	448,432)
Other assets	609,800)	659,400)	301,600)	325,311)	288,993)	238,932)	231,555)	240,668)	249,899)	258,392)	263,386)	288,817)	289,057)	287,578)	252,359)	212,427)	220,858)	225,572)	231,819)	238,463)	184,638)	192,488)	203,927)
Long-term assets	2,864,000)	3,030,700)	2,238,300)	2,133,106)	1,968,783)	1,780,917)	1,623,896)	1,556,571)	1,414,037)	1,334,484)	1,272,533)	1,224,662)	1,130,332)	1,095,350)	1,003,012)	921,753)	913,392)	879,885)	890,835)	901,921)	745,505)	758,973)	774,946)
Total assets	18,048,800)	16,534,200)	14,514,600)	14,043,921)	12,846,723)	11,623,235)	10,550,179)	9,946,806)	9,069,035)	8,186,041)	7,543,066)	6,775,410)	6,162,010)	5,824,545)	6,108,186)	5,734,429)	5,437,350)	5,208,280)	4,893,730)	4,738,919)	4,399,372)	4,335,851)	4,111,845)

Cash and Cash Equivalents: The cash and cash equivalents balance exhibits considerable fluctuations over the periods, with a general upward trend from early 2023 onward. After a dip in mid-2022, cash reserves significantly increased throughout 2023 and into 2024, peaking in the middle of 2024 before slightly declining thereafter. This suggests enhanced liquidity management or increased cash inflows during recent years.
Marketable Securities: Marketable securities maintain a positive growth trajectory, rising steadily from 2020 to late 2025. The increase accelerates notably starting in 2023, reflecting a strategic accumulation of liquid investments. The consistent growth signals a preference for maintaining readily marketable assets to support operational or strategic needs.
Accounts Receivable, Net: Accounts receivable display variability with periods of increase and slight decline. After a substantial rise at the end of 2022, values reached elevated levels through 2023 into 2024, indicating increased sales activity or extended credit terms. However, minor declines in late 2024 and 2025 may reflect improved collections or changes in credit policies.
Inventories: Inventory levels show a strong upward trend beginning in 2021, peaking at the end of 2023, followed by modest fluctuations in 2024 and 2025. The rising inventory suggests preparation for higher sales volumes or response to supply chain dynamics. A slight reduction in mid-2024 could indicate efforts to optimize inventory or improved turnover.
Prepaid Expenses and Other Current Assets: Prepaid expenses and other current assets steadily increase across the timeline, with marked growth starting in 2022 and continuing through 2025. This trend likely reflects expansion in prepayments related to operations or investments in future costs, indicating proactive financial planning.
Current Assets: Current assets consistently grow throughout the periods analyzed, with a marked increase in 2023 and beyond. The upward movement aligns with increases in cash, marketable securities, receivables, inventories, and prepaid expenses, demonstrating strengthening short-term asset positions and liquidity.
Property and Equipment, Net: Property and equipment values remain relatively stable from 2020 to mid-2021, followed by a significant increase in late 2021. Subsequent periods show gradual growth, with renewed acceleration toward the end of 2024 and into 2025. This pattern reflects investments in fixed assets, potentially signaling capacity expansion or upgrades.
Goodwill: Goodwill values remain largely stable with a notable jump between late 2020 and early 2021, suggesting acquisitions or business combinations during that period. Afterward, goodwill maintains a steady level until a sharp increase in mid-2025, possibly linked to another significant acquisition or valuation adjustment.
Deferred Tax Assets: Deferred tax assets exhibit steady growth throughout the analyzed periods, indicating increasing tax benefits or timing differences likely due to growing temporary differences between accounting earnings and taxable income. This consistent rise suggests improving tax asset utilization or increasing tax planning opportunities.
Other Assets: Other assets show moderate fluctuations with a downward trend from 2020 to 2021, followed by stabilization and a sharp increase in mid-2025. The substantial jump might be associated with reclassification, acquisition, or investment activities affecting the asset composition.
Long-Term Assets: Long-term assets increase gradually with some fluctuations, reflecting ongoing investments in non-current resources. A notable surge occurs in mid-2025, consistent with increased goodwill and property additions, which may suggest strategic growth initiatives or acquisitions during that timeframe.
Total Assets: Total assets increase steadily over the entire period with some deceleration in 2022, followed by renewed growth from 2023 onward. The acceleration in asset growth aligns with increases in current and long-term assets, pointing to expansion in operational capacity and asset base.

Assets: Selected Items

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Current Assets: Selected Items

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Arista Networks Inc. (NYSE:ANET)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data