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Dec 31, 2020
Arista Q4 2020 Earnings Report
Arista reported an increase in revenue and non-GAAP EPS compared to Q4 2019.
Key Takeaways
Arista Networks reported Q4 2020 revenue of $648.5 million, a 17.4% increase from Q4 2019. GAAP net income was $183.0 million, or $2.31 per diluted share, while non-GAAP net income was $197.7 million, or $2.49 per diluted share.
Revenue increased by 17.4% compared to the fourth quarter of 2019.
GAAP gross margin was 63.9%, slightly lower than 64.5% in Q4 2019.
GAAP net income was $183.0 million, or $2.31 per diluted share.
Non-GAAP net income was $197.7 million, or $2.49 per diluted share.
Arista
Arista
Arista Revenue by Segment
Forward Guidance
For the first quarter of 2021, Arista expects revenue between $630 million and $650 million, non-GAAP gross margin of 63% to 65%, and non-GAAP operating margin of approximately 37%.
Positive Outlook
- Revenue between $630 million to $650 million
- Non-GAAP gross margin of 63% to 65%
- Non-GAAP operating margin of approximately 37%
Revenue & Expenses
Visualization of income flow from segment revenue to net income