Arista Networks (ANET) Revenue & Revenue Breakdown

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Arista Networks Revenue Highlights

Latest Revenue (Y)

$5.86B

Latest Revenue (Q)

$1.81B

Main Segment (Y)

Product

Main Geography (Y)

Americas

Arista Networks Revenue by Period

Arista Networks Revenue by Year

Date	Revenue	Change
2023-12-31	$5.86B	33.75%
2022-12-31	$4.38B	48.62%
2021-12-31	$2.95B	27.21%
2020-12-31	$2.32B	-3.87%
2019-12-31	$2.41B	12.05%
2018-12-31	$2.15B	30.69%
2017-12-31	$1.65B	45.79%
2016-12-31	$1.13B	34.81%
2015-12-31	$837.59M	43.40%
2014-12-31	$584.11M	61.70%
2013-12-31	$361.22M	86.77%
2012-12-31	$193.41M	38.30%
2011-12-31	$139.85M	-

Arista Networks generated $5.86B in revenue during NA 2023, up 33.75% compared to the previous quarter, and up 272.39% compared to the same period a year ago.

Arista Networks Revenue by Quarter

Date	Revenue	Change
2024-09-30	$1.81B	7.13%
2024-06-30	$1.69B	7.57%
2024-03-31	$1.57B	2.01%
2023-12-31	$1.54B	2.05%
2023-09-30	$1.51B	3.46%
2023-06-30	$1.46B	7.96%
2023-03-31	$1.35B	5.94%
2022-12-31	$1.28B	8.39%
2022-09-30	$1.18B	11.87%
2022-06-30	$1.05B	19.93%
2022-03-31	$877.07M	6.38%
2021-12-31	$824.46M	10.12%
2021-09-30	$748.70M	5.85%
2021-06-30	$707.32M	5.96%
2021-03-31	$667.56M	2.94%
2020-12-31	$648.48M	7.11%
2020-09-30	$605.43M	12.00%
2020-06-30	$540.57M	3.35%
2020-03-31	$523.03M	-5.34%
2019-12-31	$552.55M	-15.57%
2019-09-30	$654.41M	7.58%
2019-06-30	$608.32M	2.17%
2019-03-31	$595.42M	-0.05%
2018-12-31	$595.73M	5.75%
2018-09-30	$563.31M	8.36%
2018-06-30	$519.85M	10.02%
2018-03-31	$472.49M	0.99%
2017-12-31	$467.87M	6.91%
2017-09-30	$437.63M	8.00%
2017-06-30	$405.21M	20.79%
2017-03-31	$335.48M	2.29%
2016-12-31	$327.97M	12.99%
2016-09-30	$290.26M	8.01%
2016-06-30	$268.74M	10.96%
2016-03-31	$242.20M	-1.32%
2015-12-31	$245.45M	12.82%
2015-09-30	$217.55M	11.25%
2015-06-30	$195.55M	9.22%
2015-03-31	$179.04M	3.20%
2014-12-31	$173.49M	11.60%
2014-09-30	$155.46M	12.70%
2014-06-30	$137.95M	17.70%
2014-03-31	$117.21M	2.13%
2013-12-31	$114.77M	12.93%
2013-09-30	$101.63M	21.73%
2013-06-30	$83.48M	36.08%
2013-03-31	$61.35M	-

Arista Networks generated $1.81B in revenue during Q3 2024, up 7.13% compared to the previous quarter, and up 124.13% compared to the same period a year ago.

Arista Networks Revenue Breakdown

Arista Networks Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Service	$830.67M	$665.23M	$570.31M	$486.67M	$389.56M
Product	$5.03B	$3.72B	$2.38B	$1.83B	$2.02B

Arista Networks's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (85.83%), and Service (14.17%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Product	$1.52B	$1.42B	$1.33B	$1.31B	$1.29B	$1.26B	$1.17B	$1.10B	$844.20M	$762.70M	$724.72M	$667.96M	$604.16M	$566.47M	$539.14M	$518.28M	$480.24M	$421.41M	$410.91M	$447.50M
Service	$287.13M	$267.13M	$242.53M	$230.12M	$223.91M	$197.39M	$179.26M	$178.69M	$168.11M	$166.09M	$152.35M	$156.50M	$144.54M	$140.85M	$128.42M	$130.20M	$125.19M	$119.16M	$112.12M	$105.05M

Arista Networks's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (84.14%), and Service (15.86%).

Arista Networks Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Americas	$4.65B	$3.46B	$2.16B	$1.77B	$1.83B
UNITED STATES	$4.54B	-	-	-	-
Asia Pacific	$538.01M	$388.89M	$305.02M	$218.79M	$195.89M
EMEA	$670.96M	$529.80M	$486.84M	$326.73M	$381.65M

Arista Networks's latest annual revenue breakdown by geography, as of Dec 23: Americas (44.72%), UNITED STATES (43.66%), EMEA (6.45%), and Asia Pacific (5.17%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
UNITED STATES	$1.47B	$1.36B	$1.23B	$1.17B	$1.15B	$1.12B	$1.10B	-	-	-	-	-	-	-	-	-	-	-	-	-
Americas	$1.48B	$1.37B	$1.26B	$1.20B	$1.18B	$1.15B	$1.12B	$975.51M	$977.67M	$845.05M	$664.38M	$582.35M	$557.81M	$514.15M	$501.87M	$482.81M	$452.69M	$435.83M	$400.66M	$414.84M
Asia Pacific	$139.68M	$137.34M	$174.43M	$141.63M	$151.56M	$136.79M	$108.02M	$120.37M	$88.33M	$102.30M	$77.88M	$85.32M	$69.16M	$81.12M	$69.42M	$65.13M	$63.15M	$40.76M	$49.74M	$54.83M
EMEA	$191.19M	$178.80M	$141.55M	$201.85M	$173.18M	$167.62M	$128.32M	$179.66M	$110.79M	$104.54M	$134.81M	$156.79M	$121.72M	$112.05M	$96.27M	$100.54M	$89.59M	$63.98M	$72.62M	$82.88M

Arista Networks's latest quarterly revenue breakdown by geography, as of Sep 24: Americas (45.18%), UNITED STATES (44.73%), EMEA (5.84%), and Asia Pacific (4.26%).

Arista Networks Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
DELL	Dell	$88.42B	$24.37B
HPQ	HP	$53.56B	$13.52B
NTAP	NetApp	$6.27B	$1.66B
ANET	Arista Networks	$5.86B	$1.81B
SMCI	Super Micro Computer	$5.84B	$3.85B
PSTG	Pure Storage	$2.83B	$762.84M
CRCT	Cricut	$765.15M	$167.89M
SSYS	Stratasys	$627.60M	$144.05M
DDD	3D Systems	$488.07M	$112.94M
DM	Desktop Metal	$189.70M	$36.41M
NNDM	Nano Dimension	$56.31M	$13.51M
IONQ	IonQ	$22.04M	$12.40M
RGTI	Rigetti Computing	$12.01M	$2.38M
QBTS	D-Wave Quantum	$8.76M	$1.87M
QUBT	Quantum Computing	$358.05K	$101.00K

ANET Revenue FAQ

What is Arista Networks’s yearly revenue?

Arista Networks's yearly revenue for 2023 was $5.86B, representing an increase of 33.75% compared to 2022. The company's yearly revenue for 2022 was $4.38B, representing an increase of 48.62% compared to 2021. ANET's yearly revenue for 2021 was $2.95B, representing an increase of 27.21% compared to 2020.

What is Arista Networks’s quarterly revenue?

Arista Networks's quarterly revenue for Q3 2024 was $1.81B, a 7.13% increase from the previous quarter (Q2 2024), and a 19.97% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.69B, a 7.57% increase from the previous quarter (Q1 2024), and a 15.87% increase year-over-year (Q2 2023). ANET's quarterly revenue for Q1 2024 was $1.57B, a 2.01% increase from the previous quarter (Q4 2023), and a 16.28% increase year-over-year (Q1 2023).

What is Arista Networks’s revenue growth rate?

Arista Networks's revenue growth rate for the last 3 years (2021-2023) was 98.78%, and for the last 5 years (2019-2023) was 143.09%.

What are Arista Networks’s revenue streams?

Arista Networks's revenue streams in c 23 are Service, and Product. Service generated $830.68M in revenue, accounting 14.17% of the company's total revenue, up 24.87% year-over-year. Product generated $5.03B in revenue, accounting 85.83% of the company's total revenue, up 35.34% year-over-year.

What is Arista Networks’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Arista Networks was Product. This segment made a revenue of $5.03B, representing 85.83% of the company's total revenue.