Arista Networks, Inc. (ANET) financial statements (2020 and earlier)

Company profile

Business Address 5453 GREAT AMERICA PARKWAY
SANTA CLARA, CA 95054
State of Incorp. DE
Fiscal Year End December 31
SIC 3576 - Computer Communications Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,4471,9561,536868687449
Cash and cash equivalents1,095650859568687240
Short-term investments1,3521,306676300 209
Receivables44733224725314497
Inventory, net of allowances, customer advances and progress billings2402653062369281
Inventory2402653062369281
Prepaid expense385247292130
Deferred tax assets    12
Other current assets539696792910
Other undisclosed current assets15153460  
Total current assets:3,2402,7152,2661,526974679
Noncurrent Assets
Operating lease, right-of-use asset92
Property, plant and equipment407574778072
Long-term investments and receivables, including: 3036363737
Long-term investments 3036363434
Other undisclosed long-term investments and receivables  0033
Intangible assets, net (including goodwill)103112    
Goodwill5554    
Intangible assets, net (excluding goodwill)4859    
Deferred income tax assets111
Other noncurrent assets292319192112
Deferred tax assets, net12665714812
Other undisclosed noncurrent assets4     
Total noncurrent assets:379367194203186132
TOTAL ASSETS:3,6203,0822,4611,7291,160811
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities208217186170105107
Accounts payable799452794432
Accrued liabilities129123134916140
Employee-related liabilities     31
Taxes payable     3
Deferred revenue291
Deferred compensation liability     5
Deferred revenue and credits32827312260
Contract with customer, liability359
Other liabilities49311616811
Other undisclosed current liabilities     (38)
Total current liabilities:548607530460235144
Noncurrent Liabilities
Long-term debt and lease obligation87     
Operating lease, liability87
Liabilities, other than long-term debt3293002331239669
Deferred revenue and credits1881007546
Accounts payable and accrued liabilities603634141417
Deferred revenue238
Contract with customer, liability229
Deferred tax liabilities, net42100
Other liabilities313210875
Other undisclosed noncurrent liabilities 3236384142
Total noncurrent liabilities:416332269162137111
Total liabilities:964939799621372255
Stockholders' equity
Stockholders' equity attributable to parent2,6562,1431,6621,108788556
Common stock000000
Additional paid in capital1,077957805674538426
Accumulated other comprehensive income (loss)0(4)(2)(1)(1)(0)
Retained earnings1,5791,191859435251130
Total stockholders' equity:2,6562,1431,6621,108788556
TOTAL LIABILITIES AND EQUITY:3,6203,0822,4611,7291,160811

Income statement (P&L) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues2,4542,1511,6461,129838584
Revenue, net1,6461,129838584
Cost of revenue(891)(778)(584)(406)(294)(192)
Cost of goods and services sold(891)(778)(584)(406)(294)(3)
Gross profit:1,5631,3731,062723544392
Operating expenses(740)(1,100)(591)(480)(394)(267)
Operating income:823273470243149126
Nonoperating income (expense)50154(1)(3)(4)
Other nonoperating income (expense)181872(0)2
Interest and debt expense(1)(3)   (1)
Income from continuing operations before equity method investments, income taxes:873286475242146120
Other undisclosed income from continuing operations before income taxes13   1
Income from continuing operations before income taxes:874289475242146122
Income tax expense (benefit)(104)39(52)(58)(25)(35)
Net income attributable to parent:76932842318412187
Undistributed earnings (loss) allocated to participating securities, basic(0)(0)(1)
Other undisclosed net loss available to common stockholders, basic   (1)(2)(18)
Net income available to common stockholders, basic:76932842218311969
Other undisclosed net income available to common stockholders, diluted000002
Net income available to common stockholders, diluted:76932842218311971

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:76932842318412187
Comprehensive income:76932842318412187
Other undisclosed comprehensive income (loss), net of tax, attributable to parent5(2)(0)(1)(0)(0)
Comprehensive income, net of tax, attributable to parent:77432642318312186

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: