Arista Networks, Inc. (ANET) FY2024 Q1 Balance Sheet

Arista Networks, Inc. (ANET) FY2024 Q1 Balance Sheet

Balance sheet as of 2024-03-31. The chart shows assets, liabilities and equity at that date.

Assets

10,550,179,000 US dollars

Current assets

8,926,283,000 US dollars

Non-current assets

1,623,896,000 US dollars

Liabilities

2,687,864,000 US dollars

Current liabilities

1,783,064,000 US dollars

Non-current liabilities

904,800,000 US dollars

Equity

7,862,315,000 US dollars

Marketable securities

3,357,597,000 US dollars

Cash and cash equivalents

2,092,101,000 US dollars

Inventories

2,025,204,000 US dollars

Accounts receivable, net

1,090,041,000 US dollars

Prepaid expenses and other current assets

361,340,000 US dollars

Deferred tax assets

1,025,861,000 US dollars

Goodwill

268,531,000 US dollars

Other assets

149,477,000 US dollars

Property and equipment, net

97,949,000 US dollars

Acquisition-related intangible assets, net

82,078,000 US dollars

Deferred revenue

997,914,000 US dollars

Other current liabilities

291,259,000 US dollars

Accrued liabilities

270,586,000 US dollars

Accounts payable

223,305,000 US dollars

Deferred revenue, non-current

665,328,000 US dollars

Other long-term liabilities

132,293,000 US dollars

Income taxes payable

107,179,000 US dollars

Retained earnings

5,689,064,000 US dollars

Additional paid-in capital

2,185,149,000 US dollars

Common stock, $0.0001 par value—1,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 313,601 and 312,245 shares issued and outstanding as of March 31, 2024 and December 31, 2023

31,000 US dollars

Preferred stock, $0.0001 par value—100,000 shares authorized and no shares issued and outstanding as of March 31, 2024 and December 31, 2023

0 US dollars

Accumulated other comprehensive income (loss)

negative 11,929,000 US dollars

Gross equity (calculated)

7,874,244,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.