Arista Networks, Inc.

Halal Rating :
Comfortable
Last Price $118
Market Cap $149.24b
1D Change

1.3 %

1 Year Change

-56.65 %

Next Earnings Date

Yet to be announced

Company Overview

Arista Networks, Inc. is a computer networking company that designs and sells multilayer network switches to deliver software-driven cloud networking solutions for large data centers, cloud computing, artificial intelligence, and high-performance computing environments. The company's core products include Extensible Operating System (EOS), a network operating system, and CloudVision, a network management and automation platform.

Revenue Sources

Pass

Based on reviewing Arista Networks' SEC filings and financial reports, the company generates its revenue primarily from the sale of networking hardware, software, and related services. Their products and services are used for legitimate business purposes in data centers and cloud computing environments. There is no evidence of revenue from prohibited sources such as gambling, alcohol, tobacco, or other haram activities.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $1.81b $1.03b - - 0.00% 0.00%
June 30, 2024 $1.69b $990.83m - - 0.00% 0.00%
March 31, 2024 $1.57b $911.23m - - 0.00% 0.00%
Dec. 31, 2023 $1.54b $900.52m - - 0.00% 0.00%

Examining the financial data for the past four quarters, Arista Networks shows no interest income or interest expense in their financial statements. The company appears to operate without relying on interest-based financing or generating interest-based income. Their business model is focused on product sales and services rather than interest-based activities.

Operational Ethics

Pass

After reviewing publicly available information, including SEC filings and company reports, there is no evidence of material ongoing associations with entities involved in human rights violations. While the company operates globally, there are no documented direct ties to the state of Israel or significant partnerships with the Chinese Communist Party that would raise concerns.

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