Arista Networks Inc.

ANET ·Technology, Computer Hardware, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item Jul 2023 Jun 2023 Apr 2023 Mar 2023 Feb 2023 Dec 2022 Oct 2022 Sep 2022
Revenue $1.46B $1.35B $1.18B
Cost of Revenue $574.8M $546.8M $466.8M
Gross Profit $884.1M $804.5M $710.0M
Gross Margin 60.6% 59.5% 60.3%
Operating Expenses
Research & Development $229.7M $201.4M $187.8M
SG&A Expense $26.4M $25.0M $23.4M
Operating Income $530.1M $484.6M $417.3M
Operating Margin 36.3% 35.9% 35.5%
Interest Expense
Pretax Income $586.4M $496.7M $424.2M
Income Tax Expense $94.5M $60.3M $70.2M
Net Income $491.9M $436.5M $354.0M
Net Margin 33.7% 32.3% 30.1%
EPS (Basic) $1.59 $1.42 $0.29
EPS (Diluted) $1.55 $1.38 $0.28
Shares Outstanding (Basic) 309.6M 308.6M 308.3M 307.0M 306.4M 306.9M 1.22B 1.22B
Shares Outstanding (Diluted) 309.6M 316.5M 308.3M 315.6M 306.4M 306.9M 1.22B 1.26B
Dividends Per Share
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