ANET Financial Statements & Analysis
Complete financial statements for ANET including income statement, balance sheet, and cash flow statement. Analyze ANET's revenue growth, profit margins, earnings trends, debt levels, and cash flow generation.
Financial Health Score
Financial Health Score
64
Good
Poor (0-40)Neutral (40-60)Good (60-100)
Income Statement
Revenue
19.5% ↑
Net Income
36.6% ↑
Gross Margin
3.5% ↑
Operating Margin
9.2% ↑
Balance Sheet
Current Ratio
-0.4% ↓
Debt to Equity
0.0% ↓
Asset Turnover
-15.3% ↓
Cash Flow
Operating Cash Flow
82.3% ↑
Net Cash Flow
-34.8% ↓
Free Cash Flow
83.8% ↑
Cash Flow to Debt
82.3% ↑
Income Statement Comparison
Revenue & Net Income
Period Comparison
| Metric | 2023 | 2024 | Change | Impact |
|---|---|---|---|---|
| Revenue | 5.86B | 7.00B | 19.5% | |
| Gross Profit | 3.63B | 4.49B | 23.7% | |
| Operating Income | 2.26B | 2.94B | 30.5% | |
| Net Income | 2.09B | 2.85B | 36.6% | |
| EPS | 1.69 | 2.27 | 34.3% | |
| EBITDA | 2.33B | 3.01B | 29.2% | |
| Gross Margin | 61.95% | 64.13% | 3.5% | |
| Operating Margin | 38.52% | 42.05% | 9.2% | |
| Net Income Margin | 35.62% | 40.73% | 14.3% | |
| R&D Expenses | 854.92M | 996.72M | 16.6% |
Income Statement Full Table
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 7.00B | 5.86B | 4.38B | 2.95B | 2.32B |
| Gross Profit | 4.49B | 3.63B | 2.68B | 1.88B | 1.48B |
| Operating Income | 2.94B | 2.26B | 1.53B | 924.74M | 699.68M |
| Net Income | 2.85B | 2.09B | 1.35B | 840.85M | 634.56M |
| EPS | 2.27 | 1.69 | 1.1 | 0.69 | 0.52 |
| EBITDA | 3.01B | 2.33B | 1.59B | 975.07M | 734.84M |
| Gross Margin | 64.13% | 61.95% | 61.07% | 63.80% | 63.94% |
| Operating Margin | 42.05% | 38.52% | 34.86% | 31.37% | 30.19% |
| Net Income Margin | 40.73% | 35.62% | 30.87% | 28.52% | 27.38% |
| R&D Expenses | 996.72M | 854.92M | 728.39M | 586.75M | 486.59M |