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This statistic highlights Arista Networks’ Revenue Breakdown Worldwide, split across Products and Services, reported on a quarterly basis from Q1 2016 onwards.
|Business Vertical||Q3 2020||Q2 2021||Q3 2021||Contribution in Q3 2021|
(All figures in millions, except percentages)
Arista Networks’ total revenue increased from $605.43 million in Q3 2020 to $748.70 million in Q3 2021, indicating a 23.66% growth on a year-on-year basis. The revenue in Q3 2021 increased by 5.85%. It increased from $707.32 million in Q2 2021 to $748.70 million in Q3 2021.
Arista Networks generates revenue from the following business verticals:
Arista Networks’ portfolio of products and technology consists of Core Datacenter/Cloud Switching Products, Adjacent Campus and Routing Products, and our Network Software and Services. The company sells its products through both direct sales force and channel partners.
The end customers span a range of industries and include large internet companies, service providers, financial services organizations, government agencies, media, and entertainment companies, and others.
The business was ready to go to market in 2008 when the first product was created. The company launched its first switch product in 2010, and that device offered six times the throughput of anything else on the market then. To showcase its speed and low latency, the company first supplied its switches to high-frequency trading firms. Microsoft became its first cloud customer of Arista’ when the wall Street trading firms proved that the technology was next-gen and highly capable.
Arista first helped Microsoft to build Microsoft’s cloud infrastructure platform, Azure, on 40G switches and then transitioned to 100G switches. Arista and Microsoft together created the blueprint for hyperscale cloud networking. After this other cloud titans soon became Arista customers as well.
Arista Networks’ revenue from Products increased by 25.80% from $480.24 million in Q3 2020 to $604.16 million in Q3 2021 on a year-on-year basis. It also increased by 6.65% on a quarter-on-quarter basis, i.e. it increased from $566.47 million in Q2 2021 to $604.16 million in Q3 2021. This business vertical contributed to 80.69% of the company’s total revenue in Q3 2021.
Services provided by the company include-
Arista Networks’ revenue from Services increased by 15.46% from $125.19 million in Q3 2020 to $144.54 million in Q3 2021 on a year-on-year basis. Revenue from services also increased by 2.62% on a quarter-on-quarter basis, i.e. it increased from $140.85 million in Q2 2021 to $144.54 million in Q3 2021. This business vertical contributed to 19.31% of the company’s total revenue in Q3 2021.
About Arista Networks
Arista Networks’ are a leader in cloud networking solutions delivering high performance, scalability, availability, programmability, automation, and visibility. Arista’s Extensible Operating System (“EOS”) is combined with a set of network and routing platforms based on merchant silicon and Ethernet switching.
In recent years, they have brought the operational consistency and principles of cloud networking to the broader enterprise and campus markets with their Cognitive Cloud Networking approach, extending EOS across the enterprise data center and wireless workspace and campus wired. CloudVision their workload orchestration and automation solution, leverages EOS-based network-wide data models to deliver turnkey automation and configuration capabilities across data center, wired and wireless workspaces, multi-cloud, and WAN routing use cases.
In 2020, the company acquired Big Switch Networks, a pioneer in network monitoring software, and Awake Security, an AI-driven network detection and response (NDR) company. They believe the integration of these capabilities with Arista’s network-wide, data-based visibility and telemetry offerings delivers the next generation of operationally efficient network security and visibility solutions.
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