Comprehensive EBITDA Comparison: Arista Networks, Inc. vs Garmin Ltd.

Arista Networks' EBITDA outpaces Garmin's by 2023.

__timestampArista Networks, Inc.Garmin Ltd.
Wednesday, January 1, 2014137809000767641000
Thursday, January 1, 2015162832000627941000
Friday, January 1, 2016265110000719204000
Sunday, January 1, 2017498180000769889000
Monday, January 1, 2018318202000874537000
Tuesday, January 1, 20198386230001051761000
Wednesday, January 1, 20206996840001180955000
Friday, January 1, 20219750730001373438000
Saturday, January 1, 202215898060001191698000
Sunday, January 1, 202323278790001269732000
Monday, January 1, 202429446160001593994000
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Infusing magic into the data realm

A Decade of EBITDA Growth: Arista Networks vs. Garmin

In the ever-evolving tech landscape, Arista Networks and Garmin Ltd. have showcased remarkable financial trajectories over the past decade. From 2014 to 2023, Arista Networks' EBITDA surged by an impressive 1,587%, reflecting its robust growth strategy and market adaptability. In contrast, Garmin Ltd. maintained a steady climb, with a 65% increase, underscoring its resilience and consistent market presence.

Key Insights

  • Arista Networks: Starting at just 14% of Garmin's EBITDA in 2014, Arista's strategic innovations propelled it to surpass Garmin by 2023, achieving a 1.8 times higher EBITDA.
  • Garmin Ltd.: Despite Arista's rapid ascent, Garmin's EBITDA grew consistently, peaking in 2021, and maintaining a strong position in the tech industry.

This comparison highlights the dynamic nature of tech companies and their ability to adapt and thrive in a competitive market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025