Arista networks, inc. (ANET)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Revenue:
Revenue from Contract with Customer, Excluding Assessed Tax

2,410,706

2,151,369

1,646,186

1,129,167

837,591

584,106

361,224

193,408

Cost of revenue:
Total cost of revenue

866,368

777,992

584,417

406,051

294,031

192,015

122,686

61,252

Gross profit

1,544,338

1,373,377

1,061,769

723,116

543,560

392,091

238,538

132,156

Operating expenses:
Research and development

462,759

442,468

349,594

273,581

209,448

148,909

98,587

55,155

Sales and marketing

213,907

187,142

155,105

130,887

109,084

85,338

55,115

28,603

General and administrative

61,898

65,420

86,798

75,239

75,720

32,331

18,688

8,501

Litigation Settlement, Expense

0

405,000

0

0

-

-

-

-

Total operating expenses

738,564

1,100,030

591,497

479,707

394,252

266,578

172,390

92,259

Income from operations

805,774

273,347

470,272

243,409

149,308

125,513

66,148

39,897

Interest expense

-

-

-

3,136

3,152

6,280

5,380

5,322

Interest expenserelated party

-

-

-

-

-

-

1,739

1,735

Other income, net

-

-

-

1,952

-147

2,275

-754

135

Nonoperating Income (Expense)

56,496

15,454

4,488

-1,184

-3,299

-4,005

-7,873

-6,922

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

862,270

288,801

474,760

242,225

146,009

121,508

58,275

32,975

Income Tax Expense (Benefit)

2,403

-39,314

51,559

58,036

24,907

34,658

15,815

11,626

Net Income (Loss) Attributable to Parent

859,867

328,115

423,201

184,189

121,102

86,850

42,460

21,349

Net income attributable to common stockholders:
Net Income (Loss) Available to Common Stockholders, Basic

859,444

327,926

422,400

182,965

119,115

68,889

20,777

9,622

Net Income (Loss) Available to Common Stockholders, Diluted

859,468

327,941

422,468

183,039

119,264

70,524

21,780

9,662

Earnings Per Share [Abstract]
Basic (in dollars per share)

11.26

4.39

5.85

2.66

1.81

1.42

0.76

0.39

Diluted (in dollars per share)

10.63

4.06

5.35

2.50

1.67

1.29

0.72

0.39

Weighted-average shares used in computing net income per share attributable to common stockholders:
Weighted Average Number of Shares Outstanding, Basic

76,312

74,750

72,258

68,771

65,964

48,427

27,320

24,711

Weighted Average Number of Shares Outstanding, Diluted

80,879

80,844

78,977

73,222

71,411

54,590

30,051

24,901

Product
Revenue from Contract with Customer, Excluding Assessed Tax

2,021,150

1,841,100

1,432,810

991,337

744,877

531,543

331,687

-

Total cost of revenue

792,382

720,584

538,035

369,768

263,585

174,004

112,958

-

Service
Revenue from Contract with Customer, Excluding Assessed Tax

389,556

310,269

213,376

137,830

92,714

52,563

29,537

-

Total cost of revenue

73,986

57,408

46,382

36,283

30,446

18,011

9,728

-