Arista Networks Inc.
Income Statement
| Line Item | Jul 2025 | Jun 2025 | May 2025 | Mar 2025 | Feb 2025 | Dec 2024 | Nov 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $2.20B | — | $2.00B | — | — | — | $1.81B |
| Cost of Revenue | — | $766.2M | — | $728.7M | — | — | — | $649.2M |
| Gross Profit | — | $1.44B | — | $1.28B | — | — | — | $1.16B |
| Gross Margin | — | 65.2% | — | 63.7% | — | — | — | 64.2% |
| Operating Expenses | ||||||||
| Research & Development | — | $296.5M | — | $266.4M | — | — | — | $235.8M |
| SG&A Expense | — | $29.4M | — | $34.3M | — | — | — | $33.8M |
| Operating Income | — | $986.2M | — | $858.8M | — | — | — | $785.3M |
| Operating Margin | — | 44.7% | — | 42.8% | — | — | — | 43.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | $1.08B | — | $955.0M | — | — | — | $882.9M |
| Income Tax Expense | — | $191.4M | — | $141.2M | — | — | — | $134.9M |
| Net Income | — | $888.8M | — | $813.8M | — | — | — | $748.0M |
| Net Margin | — | 40.3% | — | 40.6% | — | — | — | 41.3% |
| EPS (Basic) | — | $0.71 | — | $0.65 | — | — | — | $0.59 |
| EPS (Diluted) | — | $0.70 | — | $0.64 | — | — | — | $0.58 |
| Shares Outstanding (Basic) | 1.26B | 1.26B | 1.26B | 1.26B | 1.26B | 1.26B | 314.9M | 1.26B |
| Shares Outstanding (Diluted) | 1.26B | 1.27B | 1.26B | 1.28B | 1.26B | 1.26B | 314.9M | 1.28B |
| Dividends Per Share | — | — | — | — | — | — | — | — |
People calculate too much and think too little.