Arista Networks Inc
For the period ended Dec 31, 2023. Filed Feb 13, 2024.
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FY2023 · Filed Feb 13, 2024
ANET$186.17+9.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except par value)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $1,938,606 | $671,707 |
| Marketable securities | 3,069,362 | 2,352,022 |
| Accounts receivable, net | 1,024,569 | 923,096 |
| Inventories | 1,945,180 | 1,289,706 |
| Prepaid expenses and other current assets | 412,518 | 314,217 |
| Total current assets | 8,390,235 | 5,550,748 |
| Property and equipment, net | 101,580 | 95,009 |
| Acquisition-related intangible assets, net | 88,768 | 122,205 |
| Goodwill | 268,531 | 265,924 |
| Deferred tax assets | 945,792 | 574,912 |
| Other assets | 151,900 | 166,612 |
| TOTAL ASSETS | $9,946,806 | $6,775,410 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES: | ||
| Accounts payable | $435,059 | $232,572 |
| Accrued liabilities | 407,302 | 292,487 |
| Deferred revenue | 915,204 | 637,432 |
| Other current liabilities | 152,041 | 131,040 |
| Total current liabilities | 1,909,606 | 1,293,531 |
| Income taxes payable | 95,751 | 89,839 |
| Deferred revenue, non-current | 591,000 | 403,814 |
| Other long-term liabilities | 131,390 | 102,406 |
| TOTAL LIABILITIES | 2,727,747 | 1,889,590 |
| Commitments and contingencies (Note 5) | ||
| STOCKHOLDERS’ EQUITY: | ||
| Preferred stock, $0.0001 par value—100,000 shares authorized and no shares issued and outstanding as of December 31, 2023 and 2022 | — | — |
| Common stock, $0.0001 par value—1,000,000 shares authorized as of December 31, 2023 and 2022; 312,245 and 306,890 shares issued and outstanding as of December 31, 2023 and 2022 | 31 | 31 |
| Additional paid-in capital | 2,108,331 | 1,780,714 |
| Retained earnings | 5,114,025 | 3,138,983 |
| Accumulated other comprehensive income (loss) | (3,328) | (33,908) |
| TOTAL STOCKHOLDERS’ EQUITY | 7,219,059 | 4,885,820 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $9,946,806 | $6,775,410 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.