AI English summary of an SEC filing — figures as filed

The company said full-year 2024 revenue was $7.003 billion, up 19.5% from fiscal 2023, and GAAP net income was $2.852 billion, or $2.23 per diluted share.

8-KResults of Operations and Financial ConditionFiled Feb 18, 2025Period of report Feb 18, 2025Summary published (UTC) Oct 8, 2026

Key points

AI summary

The company said full-year 2024 revenue was $7.003 billion, up 19.5% from fiscal 2023, and GAAP net income was $2.852 billion, or $2.23 per diluted share.
Arista said revenue for Q4 2024 was $1.930 billion, up 6.6% from Q3 2024 and up 25.3% from Q4 2023, and GAAP net income was $801.0 million, or $0.62 per diluted share.
The company reported net cash provided by operating activities of $3,708,235 thousand for fiscal 2024 (2023: $2,034,014 thousand), and said the change in deferred revenue within that figure was $1,285,211 thousand. It also said it used $423,619 thousand for share repurchases over the same period.
The company said it expects revenue of $1.93 billion to $1.97 billion for Q1 2025, non-GAAP gross margin of approximately 63%, and non-GAAP operating margin of approximately 44%.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Full-Year Revenue of $7.003 billion, Up 19.5% Year over Year

The company said full-year 2024 revenue was $7.003 billion, up 19.5% from fiscal 2023, and GAAP net income was $2.852 billion, or $2.23 per diluted share.

Source · Based on the filing body and exhibits

Q4 Revenue of $1.930 billion and GAAP Net Income of $801.0 million

Arista said revenue for Q4 2024 was $1.930 billion, up 6.6% from Q3 2024 and up 25.3% from Q4 2023, and GAAP net income was $801.0 million, or $0.62 per diluted share.

Source · Based on the filing body and exhibits

Full-Year Operating Cash Flow and Share Repurchases

The company reported net cash provided by operating activities of $3,708,235 thousand for fiscal 2024 (2023: $2,034,014 thousand), and said the change in deferred revenue within that figure was $1,285,211 thousand. It also said it used $423,619 thousand for share repurchases over the same period.

Source · Based on the filing body and exhibits

Q1 2025 Company Outlook (Guidance)

The company said it expects revenue of $1.93 billion to $1.97 billion for Q1 2025, non-GAAP gross margin of approximately 63%, and non-GAAP operating margin of approximately 44%.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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