earnings
confidence high
sentiment positive
materiality 0.80
Arista Networks Q4 revenue $1.93B (+25% YoY), GAAP EPS $0.62; FY2024 revenue $7.003B (+19.5%)
Arista Networks, Inc.
2024-FY EPS reported
$2.23
revenue$7,003,146,000
- Q4 revenue $1.93B (+25.3% YoY); GAAP net income $801M ($0.62 diluted EPS); non-GAAP EPS $0.65.
- FY2024 revenue $7.003B (+19.5% YoY); GAAP net income $2.852B ($2.23 diluted EPS); non-GAAP EPS $2.27.
- Q1 2025 guidance: revenue $1.93-1.97B; non-GAAP gross margin ~63%; non-GAAP op. margin ~44%.
- Meta deployed Arista 7700R4 Etherlink switch for AI cluster; 4-for-1 stock split effective Dec 2024.
- Non-GAAP gross margin FY 64.6% vs 62.6% in FY2023; operating cash flow grew >95% YoY in Q4.