Arista networks, inc. (ANET)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Sep'13Jun'13
Revenue:
Revenue from Contract with Customer, Excluding Assessed Tax

2,338,311

2,410,706

2,453,886

2,362,780

2,274,304

2,151,369

2,023,510

1,897,834

1,783,200

1,646,186

1,506,288

1,358,916

1,222,446

1,129,167

1,046,644

973,931

900,742

837,591

765,634

703,549

645,944

584,106

512,242

440,264

0

0

0

Cost of revenue:
Total cost of revenue

836,292

866,368

890,859

855,444

823,276

777,992

717,960

673,250

632,722

584,417

0

0

0

-

-

-

-

294,031

261,802

240,508

217,413

192,015

171,555

146,633

0

0

0

Gross profit

1,502,019

1,544,338

1,563,027

1,507,336

1,451,028

1,373,377

1,305,550

1,224,584

1,150,478

1,061,769

964,759

870,562

782,236

723,116

669,129

624,457

580,896

543,560

503,832

463,041

428,531

392,091

340,687

293,631

0

0

0

Operating expenses:
Research and development

456,244

462,759

471,135

469,992

459,775

442,468

431,209

393,230

370,346

349,594

313,812

304,850

292,676

273,581

259,596

247,696

228,623

209,448

196,379

173,862

158,803

148,909

131,200

116,055

0

0

0

Sales and marketing

219,940

213,907

210,283

202,907

196,055

187,142

175,039

167,776

160,218

155,105

154,618

147,194

140,308

130,887

123,874

117,166

112,103

109,084

102,792

97,240

91,270

85,338

74,845

66,934

0

0

0

General and administrative

64,741

61,898

58,182

58,846

61,247

65,420

75,209

79,423

84,322

86,798

87,950

87,950

82,160

75,239

70,348

76,008

76,882

75,720

65,748

50,449

39,172

32,331

29,495

23,105

0

0

0

Litigation Settlement, Expense

-

0

0

0

-

405,000

405,000

405,000

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

740,925

738,564

739,600

731,745

1,122,077

1,100,030

1,086,457

1,045,429

614,886

591,497

556,380

539,994

515,144

479,707

453,818

440,870

417,608

394,252

364,919

321,551

289,245

266,578

235,540

206,094

0

0

0

Income from operations

761,094

805,774

823,427

775,591

328,951

273,347

219,093

179,155

535,592

470,272

408,379

330,568

267,092

243,409

215,311

183,587

163,288

149,308

138,913

141,490

139,286

125,513

105,147

87,537

0

0

0

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

3,136

2,964

2,982

3,082

3,152

3,174

3,185

3,788

4,738

5,328

5,903

0

0

0

Interest expenserelated party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Other income, net

-

-

-

-

-

-

-

-

-

7,268

4,840

3,343

2,640

1,952

1,283

657

658

-147

-189

-1,026

1,029

733

861

1,684

0

0

0

Nonoperating Income (Expense)

56,320

56,496

50,161

39,611

23,631

15,454

12,853

5,669

8,334

4,488

1,883

352

-460

-1,184

-1,681

-2,325

-2,424

-3,299

-3,363

-4,211

-2,759

-4,005

-4,906

-5,091

0

0

0

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

817,414

862,270

873,588

815,202

352,582

288,801

231,946

184,824

543,926

474,760

410,262

330,920

266,632

242,225

213,630

181,262

160,864

146,009

135,550

137,279

136,527

121,508

100,241

82,446

0

0

0

Income Tax Expense (Benefit)

20,145

2,403

104,091

86,076

-32,024

-39,314

-29,680

-42,000

59,148

51,559

32,111

35,234

34,727

58,036

44,300

34,499

29,009

24,907

27,335

35,888

37,514

34,658

32,572

26,392

0

0

0

Net Income (Loss) Attributable to Parent

797,269

859,867

769,497

729,126

384,606

328,115

261,626

226,824

484,778

423,201

378,151

295,686

231,905

184,189

169,330

146,763

131,855

121,102

108,215

101,391

99,013

86,850

67,669

56,054

0

0

0

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

796,964

859,444

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Net Income (Loss) Available to Common Stockholders, Diluted

796,981

859,468

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

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

1.82

3.41

2.73

2.47

2.65

2.26

2.25

-2.08

1.95

1.42

1.84

1.42

1.16

0.84

0.74

0.57

0.52

0.65

0.42

0.36

0.37

0.48

0.34

0.37

0.22

0.21

0.18

Diluted (in dollars per share)

1.73

3.25

2.59

2.33

2.47

2.10

2.08

-2.08

1.79

1.29

1.68

1.30

1.07

0.79

0.69

0.53

0.48

0.60

0.39

0.33

0.34

0.43

0.30

0.34

0.20

0.20

0.18

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

76,264

76,345

76,427

76,556

75,920

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27,557

26,926

Weighted Average Number of Shares Outstanding, Diluted

79,939

80,204

80,770

81,341

81,201

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,412

29,252

Product
Revenue from Contract with Customer, Excluding Assessed Tax

1,926,641

2,021,150

2,076,887

2,007,302

1,938,898

1,841,100

1,745,060

1,639,923

1,549,060

1,432,810

1,314,623

1,188,517

1,070,229

991,337

919,654

858,755

797,211

744,877

684,757

632,873

585,191

531,543

0

0

0

-

-

Total cost of revenue

757,859

792,382

821,413

790,957

762,045

720,584

663,996

622,106

584,890

538,035

498,173

447,076

400,691

369,768

342,853

316,066

288,059

263,585

233,755

215,398

195,416

174,004

0

0

0

-

-

Service
Revenue from Contract with Customer, Excluding Assessed Tax

411,670

389,556

376,999

355,478

335,406

310,269

278,450

257,911

234,140

213,376

191,665

170,399

152,217

137,830

126,990

115,176

103,531

92,714

80,877

70,676

60,753

52,563

0

0

0

-

-

Total cost of revenue

78,433

73,986

69,446

64,487

61,231

57,408

53,964

51,144

47,832

46,382

43,356

41,278

39,519

36,283

34,662

33,408

31,787

30,446

28,047

25,110

21,997

18,011

0

0

0

-

-