Stock Analysis on Net

Arista Networks Inc. (NYSE:ANET)

Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Arista Networks Inc., consolidated statement of comprehensive income

US$ in thousands

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net income 2,087,321 1,352,446 840,854 634,557 859,867
Foreign currency translation adjustments 825 (3,215) (1,381) 1,514 (686)
Changes in net unrealized gains (losses) on available-for-sale securities 25,939 (23,025) (7,157) 8,013 4,823
Reclassification adjustment for net (gains) losses included in net income 3,816 632 (9,432)
Available-for-sale investments 29,755 (22,393) (7,157) (1,419) 4,823
Other comprehensive income (loss), net of tax 30,580 (25,608) (8,538) 95 4,137
Comprehensive income 2,117,901 1,326,838 832,316 634,652 864,004

Based on: 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), 10-K (reporting date: 2019-12-31).

Comprehensive income item Description The company
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Arista Networks Inc. net income increased from 2021 to 2022 and from 2022 to 2023.
Comprehensive income Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. Arista Networks Inc. comprehensive income increased from 2021 to 2022 and from 2022 to 2023.