Arista Networks, Inc.
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
View on SEC.govAbout this filing
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.
Sep 30, 2025 · Filed Nov 5, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Income Statements for the and
Condensed Consolidated Income Statements
(Unaudited, in millions, except per share amounts)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue: | ||||
| Product | $1,911.7 | $1,523.8 | $5,481.2 | $4,275.9 |
| Service | 396.6 | 287.1 | 1,036.7 | 796.8 |
| Total revenue | 2,308.3 | 1,810.9 | 6,517.9 | 5,072.7 |
| Cost of revenue: | ||||
| Product | 745.5 | 593.3 | 2,125.5 | 1,655.4 |
| Service | 72.6 | 55.9 | 187.5 | 157.0 |
| Total cost of revenue | 818.1 | 649.2 | 2,313.0 | 1,812.4 |
| Gross profit | 1,490.2 | 1,161.7 | 4,204.9 | 3,260.3 |
| Operating expenses: | ||||
| Research and development | 326.0 | 235.8 | 888.9 | 711.7 |
| Sales and marketing | 151.2 | 106.8 | 394.3 | 316.3 |
| General and administrative | 34.8 | 33.8 | 98.5 | 87.3 |
| Total operating expenses | 512.0 | 376.4 | 1,381.7 | 1,115.3 |
| Income from operations | 978.2 | 785.3 | 2,823.2 | 2,145.0 |
| Other income (expense), net | 98.9 | 97.6 | 289.1 | 231.1 |
| Income before income taxes | 1,077.1 | 882.9 | 3,112.3 | 2,376.1 |
| Provision for income taxes | 224.1 | 134.9 | 556.7 | 325.0 |
| Net income | $853.0 | $748.0 | $2,555.6 | $2,051.1 |
| Net income per share (1): | ||||
| Basic | $0.68 | $0.59 | $2.03 | $1.63 |
| Diluted | $0.67 | $0.58 | $2.00 | $1.60 |
| Weighted-average shares used in computing net income per share (1): | ||||
| Basic | 1,258.0 | 1,257.9 | 1,258.1 | 1,255.0 |
| Diluted | 1,276.6 | 1,281.8 | 1,275.7 | 1,280.3 |
(1)Prior period results have been adjusted to reflect thefour-for-one stock split effected in December 2024. See Note 1, Organization and Summary of Accounting Policies, for details.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.