Arista Networks, Inc. (ANET) FY2024 Q1 P&L / Income Statement

Arista Networks, Inc. (ANET) FY2024 Q1 P&L / Income Statement

Income statement for 2024-01-01 through 2024-03-31. View: Product and service. Revenue and costs use their disclosed categories.

Total revenue

1,571,374,000 US dollars

Total cost of revenue

569,995,000 US dollars

Gross profit

1,001,379,000 US dollars

Total operating expenses

341,238,000 US dollars

Income from operations

660,141,000 US dollars

Other income (expense), net

62,620,000 US dollars

Income before income taxes

722,761,000 US dollars

Provision for income taxes

85,069,000 US dollars

Net income

637,692,000 US dollars

Product revenue

1,328,845,000 US dollars

Service revenue

242,529,000 US dollars

Product cost of revenue

521,679,000 US dollars

Service cost of revenue

48,316,000 US dollars

Research and development

208,395,000 US dollars

Sales and marketing

105,080,000 US dollars

General and administrative

27,763,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.