Arista Networks Inc
For the period ended Mar 31, 2025. Filed May 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 7, 2025
ANET$170.80+7.3%Stored close · as of Nov 6, 2026
Contents
Condensed Consolidated Balance Sheets as of March 31, 202 and December 31,
Condensed Consolidated Balance Sheets
(In millions, except par value)
| March 31, 2025 | December 31, 2024 | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $1,845.1 | $2,762.4 |
| Marketable securities | 6,304.5 | 5,541.1 |
| Accounts receivable, net | 1,435.9 | 1,140.5 |
| Inventories | 1,957.3 | 1,834.6 |
| Prepaid expenses and other current assets | 733.5 | 632.3 |
| Total current assets | 12,276.3 | 11,910.9 |
| Property and equipment, net | 123.9 | 98.8 |
| Acquisition-related intangible assets, net | 56.4 | 62.0 |
| Goodwill | 268.5 | 268.5 |
| Deferred tax assets | 1,544.3 | 1,440.4 |
| Other assets | 245.2 | 263.3 |
| TOTAL ASSETS | $14,514.6 | $14,043.9 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES: | ||
| Accounts payable | $389.1 | $381.1 |
| Accrued liabilities | 263.1 | 435.3 |
| Deferred revenue | 2,072.7 | 1,727.3 |
| Income taxes payable | 249.1 | 50.1 |
| Other current liabilities | 147.6 | 138.4 |
| Total current liabilities | 3,121.6 | 2,732.2 |
| Deferred revenue, non-current | 1,016.1 | 1,064.1 |
| Other long-term liabilities | 257.8 | 252.8 |
| TOTAL LIABILITIES | 4,395.5 | 4,049.1 |
| Commitments and Contingencies (Note 5) | ||
| STOCKHOLDERS’ EQUITY: | ||
| Preferred stock, $0.0001 par value—100 shares authorized and no shares issued and outstanding as of March 31, 2025 and December 31, 2024 | — | — |
| Common stock, $0.0001 par value—4,000 shares authorized as of March 31, 2025 and December 31, 2024; 1,256.6 and 1,261.3 shares issued and outstanding as of March 31, 2025 and December 31, 2024 | 0.1 | 0.1 |
| Additional paid-in capital | 2,551.7 | 2,465.4 |
| Retained earnings | 7,569.2 | 7,542.5 |
| Accumulated other comprehensive income (loss) | (1.9) | (13.2) |
| TOTAL STOCKHOLDERS’ EQUITY | 10,119.1 | 9,994.8 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $14,514.6 | $14,043.9 |
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