Arista Networks, Inc. vs Western Digital Corporation: Annual Revenue Growth Compared

Tech Giants' Revenue Growth: Arista vs. Western Digital

__timestampArista Networks, Inc.Western Digital Corporation
Wednesday, January 1, 201458410600015130000000
Thursday, January 1, 201583759100014572000000
Friday, January 1, 2016112916700012994000000
Sunday, January 1, 2017164618600019093000000
Monday, January 1, 2018215136900020647000000
Tuesday, January 1, 2019241070600016569000000
Wednesday, January 1, 2020231751200016736000000
Friday, January 1, 2021294803700016922000000
Saturday, January 1, 2022438131000018793000000
Sunday, January 1, 2023586016800012318000000
Monday, January 1, 2024700314600013003000000
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Cracking the code

A Tale of Two Tech Giants: Arista Networks vs. Western Digital

In the ever-evolving landscape of technology, Arista Networks, Inc. and Western Digital Corporation have carved distinct paths. From 2014 to 2023, Arista Networks has demonstrated a remarkable growth trajectory, with its revenue surging by nearly 900%. Starting at approximately $584 million in 2014, Arista's revenue reached an impressive $5.86 billion by 2023. This growth underscores Arista's strategic positioning in the networking sector, capitalizing on the increasing demand for cloud-based solutions.

Conversely, Western Digital, a stalwart in data storage, experienced a more fluctuating revenue pattern. Despite peaking at $20.65 billion in 2018, its revenue saw a decline, settling at $12.32 billion in 2023. This 40% drop highlights the challenges faced by traditional storage companies amidst the rise of cloud computing.

As we look to the future, the contrasting fortunes of these companies offer valuable insights into the shifting dynamics of the tech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025