Arista Networks Inc
0HHR.L
$146.81 3.31%
Exchange: LSE | Sector: Technology | Industry: Computer Hardware
Q4 2024
Published: Feb 19, 2025

Earnings Highlights

  • Revenue of $1.93B up 25.3% year-over-year
  • EPS of $0.62 increased by 30.6% from previous year
  • Gross margin of 63.8%
  • Net income of 801.00M
  • "The demand for cloud networking is at an unprecedented high, driven by the surge in cloud adoption across various sectors, from finance to media." - CEO

Q4 2024 Financial Results Analysis: Arista Networks Inc (0HHR.L) Γ’β‚¬β€œ Robust Revenue Growth Amid Market Expansion

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, AristaÒ€ℒs 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%)

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 2,204.80 0.70 +30.4% View
Q1 2025 2,004.80 0.64 +27.6% View
Q4 2024 1,930.44 0.62 +25.3% View
Q3 2024 1,810.94 0.58 +20.0% View
Q2 2024 1,690.40 0.52 +15.9% View