Executive Summary
Arista Networks Inc reported strong financial results for Q4 2024, with revenues reaching $1.93 billion, marking a 25.32% year-over-year increase and a 6.60% sequential growth. The company's robust performance was driven by increased demand for its cloud networking solutions, reflecting a positive trajectory in the technology sector. Management noted that the growing adoption of cloud infrastructure among enterprises continues to bolster their market position, setting a solid base for future growth.
The company achieved a net income of $800.996 million, which represents an impressive growth of 30.53% year-over-year, showcasing enhanced operational efficiency. Margins remained healthy, with a gross profit margin of 63.77%, indicating effective cost management and pricing strategies. Overall, AristaΓ’β¬β’s strong fundamentals and strategic market positioning suggest a favorable outlook for investors looking to capitalize on long-term growth opportunities in the technology sector.
Key Performance Indicators
Revenue
1.93B
QoQ: 6.60% | YoY:25.32%
Gross Profit
1.23B
63.77% margin
QoQ: 5.96% | YoY:23.19%
Operating Income
799.65M
QoQ: 1.83% | YoY:24.96%
Net Income
801.00M
QoQ: 7.09% | YoY:30.53%
EPS
0.64
QoQ: 6.67% | YoY:30.61%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue:** $1.93 billion (YoY: 25.32%, QoQ: 6.60%)
- **Gross Profit:** $1.23 billion (YoY: 23.19%, QoQ: 5.96%)
- **Operating Income:** $799.652 million (YoY: 24.96%, QoQ: 1.83%)
- **Net Income:** $800.996 million (YoY: 30.53%, QoQ: 7.09%)
- **EPS:** $0.64 (YoY: 30.61%, QoQ: 6.67%)