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

- Company: Arista Networks, Inc. (ANET)
- Period: As of 2024-03-31
- Filing: Q1 FY2024 10-Q, filed 2024-05-08, accession number 0001596532-24-000173
- Page: https://plicit.ai/financials/anet/fy2024-q1-balance-sheet
- Chart image: https://plicit.ai/charts/anet-fy2024-q1-balance-sheet-sankey.png

## Chart details

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.