Selected Financial Data
since 2014
Income Statement
Arista Networks Inc., selected items from income statement, long-term trends
US$ in thousands
| 12 months ended: | Revenue | Income from operations | Net income |
|---|---|---|---|
| Dec 31, 2023 | 5,860,168) | 2,257,249) | 2,087,321) |
| Dec 31, 2022 | 4,381,310) | 1,527,106) | 1,352,446) |
| Dec 31, 2021 | 2,948,037) | 924,739) | 840,854) |
| Dec 31, 2020 | 2,317,512) | 699,684) | 634,557) |
| Dec 31, 2019 | 2,410,706) | 805,774) | 859,867) |
| Dec 31, 2018 | 2,151,369) | 273,347) | 328,115) |
| Dec 31, 2017 | 1,646,186) | 470,272) | 423,201) |
| Dec 31, 2016 | 1,129,167) | 243,409) | 184,189) |
| Dec 31, 2015 | 837,591) | 149,308) | 121,102) |
| Dec 31, 2014 | 584,106) | 125,513) | 86,850) |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
Balance Sheet: Assets
Arista Networks Inc., selected items from assets, long-term trends
US$ in thousands
| Current assets | Total assets | |
|---|---|---|
| Dec 31, 2023 | 8,390,235) | 9,946,806) |
| Dec 31, 2022 | 5,550,748) | 6,775,410) |
| Dec 31, 2021 | 4,812,676) | 5,734,429) |
| Dec 31, 2020 | 3,836,998) | 4,738,919) |
| Dec 31, 2019 | 3,471,636) | 4,185,290) |
| Dec 31, 2018 | 2,714,802) | 3,081,983) |
| Dec 31, 2017 | 2,266,429) | 2,460,860) |
| Dec 31, 2016 | 1,526,126) | 1,729,007) |
| Dec 31, 2015 | 974,328) | 1,159,890) |
| Dec 31, 2014 | 679,479) | 811,023) |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
Balance Sheet: Liabilities and Stockholders’ Equity
Arista Networks Inc., selected items from liabilities and stockholders’ equity, long-term trends
US$ in thousands
| Current liabilities | Total liabilities | Finance lease liabilities, non-current | Stockholders’ equity | |
|---|---|---|---|---|
| Dec 31, 2023 | 1,909,606) | 2,727,747) | —) | 7,219,059) |
| Dec 31, 2022 | 1,293,531) | 1,889,590) | —) | 4,885,820) |
| Dec 31, 2021 | 1,109,829) | 1,755,829) | —) | 3,978,600) |
| Dec 31, 2020 | 768,243) | 1,418,628) | —) | 3,320,291) |
| Dec 31, 2019 | 597,074) | 1,290,604) | —) | 2,894,686) |
| Dec 31, 2018 | 606,504) | 938,594) | 35,431) | 2,143,389) |
| Dec 31, 2017 | 529,905) | 798,946) | 37,673) | 1,661,914) |
| Dec 31, 2016 | 459,553) | 621,187) | 39,593) | 1,107,820) |
| Dec 31, 2015 | 235,011) | 371,738) | 41,210) | 788,152) |
| Dec 31, 2014 | 144,373) | 255,365) | 42,547) | 555,658) |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
Cash Flow Statement
Arista Networks Inc., selected items from cash flow statement, long-term trends
US$ in thousands
| 12 months ended: | Net cash provided by operating activities | Net cash (used in) provided by investing activities | Net cash provided by (used in) financing activities |
|---|---|---|---|
| Dec 31, 2023 | 2,034,014) | (687,454) | (83,749) |
| Dec 31, 2022 | 492,813) | 216,327) | (654,601) |
| Dec 31, 2021 | 1,015,856) | (925,562) | (360,882) |
| Dec 31, 2020 | 735,114) | (608,802) | (346,339) |
| Dec 31, 2019 | 963,034) | (284,072) | (217,964) |
| Dec 31, 2018 | 503,119) | (755,113) | 42,851) |
| Dec 31, 2017 | 631,627) | (392,580) | 51,469) |
| Dec 31, 2016 | 131,440) | (325,979) | 75,600) |
| Dec 31, 2015 | 200,533) | 184,170) | 63,105) |
| Dec 31, 2014 | 131,875) | (249,362) | 243,978) |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
Per Share Data
Arista Networks Inc., selected data per share, long-term trends
US$
| 12 months ended: | Basic earnings per share 1 | Diluted earnings per share 2 | Dividend per share 3 |
|---|---|---|---|
| Dec 31, 2023 | 6.75 | 6.58 | 0.00 |
| Dec 31, 2022 | 4.41 | 4.27 | 0.00 |
| Dec 31, 2021 | 2.74 | 2.63 | 0.00 |
| Dec 31, 2020 | 2.09 | 2.00 | 0.00 |
| Dec 31, 2019 | 2.82 | 2.66 | 0.00 |
| Dec 31, 2018 | 1.10 | 1.02 | 0.00 |
| Dec 31, 2017 | 1.46 | 1.34 | 0.00 |
| Dec 31, 2016 | 0.67 | 0.63 | 0.00 |
| Dec 31, 2015 | 0.45 | 0.42 | 0.00 |
| Dec 31, 2014 | 0.36 | 0.32 | 0.00 |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
1, 2, 3 Data adjusted for splits and stock dividends.