What impact did service revenue have on Arista Networks' total income in 2024?
3/30/2025 12:35am
Arista Networks' service revenue had a significant impact on the company's total income in 2024. Although specific service revenue figures for the year are not available, we can infer its importance through related data points:
1. **Total Revenue and Growth**: Arista Networks reported a total revenue of $7.003 billion for the year 2024, an increase of 19.5% compared to the fiscal year 2023. This substantial growth highlights the contribution of service revenue to the overall income.
2. **Fourth Quarter Performance**: In the fourth quarter of 2024, the company's revenue reached $1.930 billion, an increase of 25.3% year-over-year. This quarter-over-quarter growth demonstrates the continued positive impact of service revenue on Arista's income.
3. **Service Sector Contribution**: Arista's service sector contributed significantly, with international revenue accounting for 16% of Q4 2024's revenue. This diversity in revenue streams, including service offerings, underscores their importance in bolstering the company's total income.
In conclusion, Arista Networks' service revenue played a pivotal role in driving the company's total income in 2024, supported by strong overall revenue growth and international contributions.