Arista Networks (ANET) Revenue & Revenue Breakdown
Arista Networks Revenue Highlights
Latest Revenue (Y)
$5.86B
Latest Revenue (Q)
$1.69B
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 |
|---|---|---|
| 2024-06-30 | $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 $1.69B in revenue during Q2 2024, up 7.57% compared to the previous quarter, and up 125.09% 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 | 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 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Service | $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 | $99.35M |
| Product | $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 | $555.07M |
Arista Networks's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Product (84.20%), and Service (15.80%).
Arista Networks Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| UNITED STATES | $4.54B | - | - | - | - |
| Americas | $4.65B | $3.46B | $2.16B | $1.77B | $1.83B |
| 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 | 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 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asia Pacific | $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 | $46.66M |
| EMEA | $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 | $75.44M |
| UNITED STATES | $1.36B | $1.23B | $1.17B | $1.15B | $1.12B | $1.10B | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Americas | $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 | $532.32M |
Arista Networks's latest quarterly revenue breakdown by geography, as of Jun 24: Americas (45.01%), UNITED STATES (44.63%), EMEA (5.86%), and Asia Pacific (4.50%).
Arista Networks Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| DELL | Dell | $88.42B | $22.23B |
| HPQ | HP | $53.72B | $13.52B |
| NTAP | NetApp | $6.27B | $1.54B |
| ANET | Arista Networks | $5.86B | $1.69B |
| SMCI | Super Micro Computer | $5.84B | $3.85B |
| PSTG | Pure Storage | $2.83B | $693.48M |
| CRCT | Cricut | $765.15M | $167.95M |
| SSYS | Stratasys | $627.60M | $144.05M |
| DDD | 3D Systems | $488.07M | $113.25M |
| DM | Desktop Metal | $189.70M | $38.93M |
| VLD | Velo3D | $77.56M | $10.34M |
| NNDM | Nano Dimension | $56.31M | $13.51M |
| IONQ | IonQ | $22.04M | $7.58M |
| RGTI | Rigetti Computing | $12.01M | $3.09M |
| QBTS | D-Wave Quantum | $8.76M | $2.18M |
| QUBT | Quantum Computing | $358.05K | $27.32K |
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 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). The company'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). ANET's quarterly revenue for Q4 2023 was $1.54B, a 2.05% increase from the previous quarter (Q3 2023), and a 20.77% increase year-over-year (Q4 2022).
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.