Arista Networks, Inc. (ANET) Bundle
A Brief History of Arista Networks, Inc. (ANET)
Company Founding and Early Years
Arista Networks was founded in 2004 by Andy Bechtolsheim, David Cheriton, and Kenneth Duda. The company is headquartered in Santa Clara, California.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Annual Revenue | $4.91 billion |
| Net Income | $1.64 billion |
| Market Capitalization | $61.2 billion |
| Stock Price (as of January 2024) | $227.45 |
Product Portfolio
- CloudVision platform
- Ethernet switches
- Cloud networking solutions
- Enterprise networking hardware
Key Business Segments
| Segment | Revenue Contribution |
|---|---|
| Cloud Networking | 62% |
| Enterprise Networking | 28% |
| Other Segments | 10% |
Key Operational Metrics
- Total Employees: 3,200
- Research and Development Spending: $624 million
- Global Customer Base: Over 7,500 enterprises
Stock Performance
NASDAQ ticker: ANET
| Performance Metric | 2023 Value |
|---|---|
| 52-Week Stock Price Range | $163.47 - $234.88 |
| Year-to-Date Return | +37.2% |
A Who Owns Arista Networks, Inc. (ANET)
Major Shareholders
| Vanguard Group Inc | 9.94% |
| BlackRock Inc | 8.12% |
| Andy Bechtolsheim (Co-Founder) | 4.2% |
| Lyndon Rive | 2.8% |
Insider Ownership
As of Q4 2023, Arista Networks insider ownership stands at 6.7% of total shares.
Institutional Ownership Details
- Total institutional ownership: 68.3%
- Number of institutional investors: 332
- Institutional holdings value: $15.4 billion
Key Individual Shareholders
| Jayshree Ullal (President & CEO) | 3.1% |
| David Cheriton | 1.9% |
Arista Networks, Inc. (ANET) Mission Statement
Company Overview
Arista Networks, Inc. (NYSE: ANET) reported total revenue of $4.25 billion for the fiscal year 2023. Founded in 2004, the company specializes in data center networking solutions.
Mission Statement Components
- Provide cloud networking solutions for large-scale data centers
- Develop software-driven networking platforms
- Enable high-performance enterprise and cloud computing infrastructure
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $4.25 billion |
| Net Income | $1.36 billion |
| Gross Margin | 64.3% |
| Operating Cash Flow | $1.52 billion |
Key Strategic Focus Areas
- Cloud Networking - Targeting hyperscale cloud providers
- Enterprise Solutions - Developing AI and machine learning infrastructure
- Software-Defined Networking - EOS platform innovations
Market Position
Market share in data center switching: 25.4% as of Q4 2023.
Research and Development
R&D investment in 2023: $712 million, representing 16.7% of total revenue.
How Arista Networks, Inc. (ANET) Works
Company Overview
Arista Networks, Inc. (ANET) is a cloud networking solutions provider headquartered in Santa Clara, California. Founded in 2004, the company focuses on data center and cloud computing networking technologies.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Annual Revenue | $4.41 billion |
| Net Income | $1.46 billion |
| Gross Margin | 63.7% |
| Market Capitalization | $37.8 billion |
Product Portfolio
- CloudVision platform
- EOS (Extensible Operating System)
- 7000 Series switches
- 400G networking solutions
- Enterprise and cloud networking hardware
Market Segments
Primary Markets:
- Cloud computing providers
- Enterprise data centers
- Financial services
- Web-scale technology companies
Key Technological Capabilities
| Technology | Specification |
|---|---|
| Network Speed | Up to 400Gbps |
| Software Platforms | CloudVision, EOS |
| AI/Machine Learning Integration | Advanced network analytics |
Research and Development
R&D Expenditure in 2023: $726 million
Global Presence
- Headquarters: Santa Clara, California
- Global offices in North America, Europe, Asia
- Customers in over 30 countries
How Arista Networks, Inc. (ANET) Makes Money
Revenue Streams
Arista Networks generates revenue primarily through the following sources:
| Revenue Category | Percentage of Total Revenue | Annual Revenue (2023) |
|---|---|---|
| Cloud Networking Solutions | 55.3% | $4.24 billion |
| Enterprise Networking | 22.7% | $1.74 billion |
| Service Provider Networking | 22% | $1.69 billion |
Product Portfolio
Arista Networks monetizes through the following product categories:
- Ethernet Switches
- Cloud Networking Solutions
- Software Platforms
- Network Operating Systems
Customer Segments
Key revenue-generating customer segments include:
- Hyperscale Cloud Providers: 42% of total revenue
- Enterprise Customers: 33% of total revenue
- Service Providers: 25% of total revenue
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $7.67 billion |
| Gross Margin | 64.2% |
| Net Income | $1.92 billion |
Geographic Revenue Distribution
| Region | Revenue Percentage |
|---|---|
| United States | 68% |
| International Markets | 32% |
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