Stock Analysis on Net

Arista Networks Inc. (NYSE:ANET)

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Arista Networks Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

Microsoft Excel
Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Accounts payable 381,083 289,161 297,832 223,305 435,059 268,972 351,920 330,171 232,572 278,469 275,093 204,675 202,636 135,252 145,159 136,885 134,235 163,102 122,872 84,815
Accrued liabilities 435,277 323,990 320,071 270,586 407,302 410,071 363,036 351,764 292,487 240,609 210,334 197,063 226,643 174,425 163,245 122,466 143,357 110,348 100,070 100,443
Deferred revenue 1,727,280 1,599,590 1,329,450 997,914 915,204 698,675 624,207 671,700 637,432 607,189 697,762 778,436 593,578 511,354 482,112 457,799 396,259 321,290 328,525 332,175
Other current liabilities 188,582 221,633 214,526 291,259 152,041 469,007 316,629 231,274 131,040 128,645 94,837 188,831 86,972 72,356 69,419 69,382 94,392 70,043 88,714 55,574
Current liabilities 2,732,222 2,434,374 2,161,879 1,783,064 1,909,606 1,846,725 1,655,792 1,584,909 1,293,531 1,254,912 1,278,026 1,369,005 1,109,829 893,387 859,935 786,532 768,243 664,783 640,181 573,007
Deferred revenue, non-current 1,064,135 907,741 789,336 665,328 591,000 496,076 460,697 420,574 403,814 333,855 335,728 345,310 335,734 289,086 263,978 262,232 254,568 241,014 248,986 264,600
Other long-term liabilities 252,757 258,719 241,212 239,472 227,141 220,679 211,970 208,409 192,245 188,025 204,999 240,694 310,266 389,617 386,526 393,628 395,817 409,698 410,201 425,412
Long-term liabilities 1,316,892 1,166,460 1,030,548 904,800 818,141 716,755 672,667 628,983 596,059 521,880 540,727 586,004 646,000 678,703 650,504 655,860 650,385 650,712 659,187 690,012
Total liabilities 4,049,114 3,600,834 3,192,427 2,687,864 2,727,747 2,563,480 2,328,459 2,213,892 1,889,590 1,776,792 1,818,753 1,955,009 1,755,829 1,572,090 1,510,439 1,442,392 1,418,628 1,315,495 1,299,368 1,263,019
Preferred stock, $0.0001 par value; no shares issued and outstanding
Common stock, $0.0001 par value 126 31 31 31 31 31 31 31 31 31 30 31 31 8 8 8 8 8 8 8
Additional paid-in capital 2,465,409 2,371,010 2,263,356 2,185,149 2,108,331 2,028,301 1,927,697 1,857,467 1,780,714 1,717,605 1,638,787 1,590,793 1,530,046 1,473,595 1,395,459 1,345,569 1,292,431 1,240,147 1,185,093 1,149,224
Retained earnings 7,542,460 6,865,260 6,182,479 5,689,064 5,114,025 4,500,389 3,955,062 3,493,181 3,138,983 2,714,711 2,408,294 2,592,854 2,456,823 2,393,661 2,303,513 2,106,625 2,027,614 1,844,656 1,843,559 1,698,766
Accumulated other comprehensive income (loss) (13,188) 9,588 (15,058) (11,929) (3,328) (23,166) (25,208) (21,505) (33,908) (47,129) (41,319) (30,501) (8,300) (2,004) (1,139) (864) 238 (934) 7,823 828
Stockholders’ equity 9,994,807 9,245,889 8,430,808 7,862,315 7,219,059 6,505,555 5,857,582 5,329,174 4,885,820 4,385,218 4,005,792 4,153,177 3,978,600 3,865,260 3,697,841 3,451,338 3,320,291 3,083,877 3,036,483 2,848,826
Total liabilities and stockholders’ equity 14,043,921 12,846,723 11,623,235 10,550,179 9,946,806 9,069,035 8,186,041 7,543,066 6,775,410 6,162,010 5,824,545 6,108,186 5,734,429 5,437,350 5,208,280 4,893,730 4,738,919 4,399,372 4,335,851 4,111,845

Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Arista Networks Inc. current liabilities increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Arista Networks Inc. long-term liabilities increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Arista Networks Inc. total liabilities increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Arista Networks Inc. stockholders’ equity increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.