JNPR · Juniper Networks Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.28B | - | $1.33B | $1.19B | $1.15B | - | $1.40B | $1.43B | $1.37B | - |
| Cost of Revenue | $525.50M | - | $557.60M | $501.10M | $468.00M | - | $587.40M | $617.00M | $600.60M | - |
| Gross Profit | $754.70M | - | $773.40M | $688.50M | $680.90M | - | $810.40M | $813.10M | $771.20M | - |
| R&D | $283.10M | - | $290.60M | $274.60M | $296.60M | - | $288.50M | $282.00M | $284.80M | - |
| SG&A | $60.20M | - | $62.10M | $60.80M | $60.70M | - | $60.30M | $65.20M | $68.00M | - |
| Total Operating Expenses | $665.30M | - | $679.30M | $643.50M | $695.10M | - | $722.80M | $672.00M | $655.50M | - |
| D&A | $36.50M | - | - | - | $44.20M | - | - | - | $49.40M | - |
| Operating Income | $89.40M | - | $94.10M | $45.00M | ($14.20M) | - | $87.60M | $141.10M | $115.70M | - |
| Interest Expense | $20.50M | - | $20.50M | $20.50M | $20.50M | - | $20.50M | $19.70M | $19.20M | - |
| Income Tax | $17.70M | - | $2.10M | $10.80M | ($27.70M) | - | $5.00M | $15.00M | $19.60M | - |
| Net Income | $64.10M | - | $92.60M | $34.10M | ($800.0K) | - | $76.10M | $24.40M | $85.40M | - |
| EPS - Basic | $0.19 | - | $0.28 | $0.10 | $0.00 | - | $0.24 | $0.08 | $0.26 | - |
| EPS - Diluted | $0.19 | - | $0.28 | $0.10 | $0.00 | - | $0.24 | $0.07 | $0.26 | - |
Balance Sheet
| Line item | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.29B | $1.22B | $1.06B | $935.00M | $1.07B | $1.07B | $1.24B | $1.09B | $923.50M | $880.10M |
| Accounts Receivable | $918.40M | $1.16B | $958.10M | $878.90M | $814.90M | $1.04B | $937.30M | $908.50M | $1.06B | $1.23B |
| Inventory | $824.70M | $830.10M | $872.50M | $926.10M | $958.20M | $952.40M | $976.30M | $925.70M | $761.50M | $619.40M |
| Accounts Payable | $219.30M | $256.50M | $258.00M | $268.30M | $250.20M | $295.10M | $324.40M | $371.80M | $357.50M | $347.40M |
| Current Assets | $3.74B | $3.85B | $3.53B | $3.44B | $3.54B | $3.80B | $3.87B | $3.75B | $3.66B | $3.62B |
| Total Assets | $10.09B | $10.01B | $9.60B | $9.43B | $9.48B | $9.52B | $9.40B | $9.38B | $9.32B | $9.33B |
| Current Liabilities | $2.51B | $2.64B | $2.05B | $2.04B | $2.03B | $2.10B | $2.24B | $2.26B | $2.07B | $2.08B |
| Long-term Debt | $1.23B | $1.22B | $1.63B | $1.61B | $1.61B | $1.62B | $1.59B | $1.60B | $1.62B | $1.60B |
| Total Liabilities | $5.26B | $5.22B | $4.95B | $4.93B | $5.00B | $5.03B | $5.07B | $5.02B | $4.88B | $4.85B |
| Stockholders' Equity | $4.83B | $4.78B | $4.64B | $4.50B | $4.48B | $4.49B | $4.33B | $4.35B | $4.44B | $4.48B |
| Retained Earnings | ($1.97B) | ($2.02B) | ($2.18B) | ($2.27B) | ($2.31B) | ($2.30B) | ($2.42B) | ($2.43B) | ($2.38B) | ($2.38B) |
Cash Flow
| Line item | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $316.50M | - | - | - | $325.00M | - | - | - | $191.50M | - |
| Investing Cash Flow | ($162.60M) | - | - | - | ($265.50M) | - | - | - | $42.20M | - |
| Financing Cash Flow | ($90.30M) | - | - | - | ($53.90M) | - | - | - | ($190.80M) | - |
| CapEx | $24.30M | - | - | - | $34.80M | - | - | - | $42.10M | - |
| Free Cash Flow | $292.20M | - | - | - | $290.20M | - | - | - | $149.40M | - |
Ratios
| Metric | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 59.0% | - | 58.1% | 57.9% | 59.3% | - | 58.0% | 56.9% | 56.2% | - |
| Operating margin | 7.0% | - | 7.1% | 3.8% | -1.2% | - | 6.3% | 9.9% | 8.4% | - |
| EBITDA margin | 9.8% | - | - | - | 2.6% | - | - | - | 12.0% | - |
| Net margin | 5.0% | - | 7.0% | 2.9% | -0.1% | - | 5.4% | 1.7% | 6.2% | - |
| Free cash flow margin | 22.8% | - | - | - | 25.3% | - | - | - | 10.9% | - |
| FCF / Net income | 4.56 | - | - | - | -362.75 | - | - | - | 1.75 | - |
| R&D / Revenue | 22.1% | - | 21.8% | 23.1% | 25.8% | - | 20.6% | 19.7% | 20.8% | - |
| SG&A / Revenue | 4.7% | - | 4.7% | 5.1% | 5.3% | - | 4.3% | 4.6% | 5.0% | - |
| Effective tax rate | 21.6% | - | 2.2% | 24.1% | - | - | 6.2% | 38.1% | 18.7% | - |
| Return on assets | 0.6% | - | 1.0% | 0.4% | -0.0% | - | 0.8% | 0.3% | 0.9% | - |
| Return on equity | 1.3% | - | 2.0% | 0.8% | -0.0% | - | 1.8% | 0.6% | 1.9% | - |
| Return on invested capital | 1.2% | - | 1.5% | 0.6% | -0.2% | - | 1.4% | 1.5% | 1.6% | - |
| Liquidity | ||||||||||
| Current ratio | 1.49 | 1.46 | 1.72 | 1.69 | 1.74 | 1.80 | 1.73 | 1.66 | 1.76 | 1.74 |
| Quick ratio | 1.16 | 1.14 | 1.30 | 1.23 | 1.27 | 1.35 | 1.29 | 1.25 | 1.40 | 1.44 |
| Cash ratio | 0.51 | 0.46 | 0.52 | 0.46 | 0.53 | 0.51 | 0.56 | 0.48 | 0.45 | 0.42 |
| Leverage | ||||||||||
| Debt / Equity | 0.25 | 0.25 | 0.35 | 0.36 | 0.36 | 0.36 | 0.37 | 0.37 | 0.36 | 0.36 |
| Debt / Assets | 0.12 | 0.12 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 |
| Debt / EBITDA | 9.76 | - | - | - | 53.57 | - | - | - | 9.79 | - |
| Interest coverage | 4.4x | - | 4.6x | 2.2x | -0.7x | - | 4.3x | 7.2x | 6.0x | - |
| Equity multiplier | 2.09 | 2.09 | 2.07 | 2.09 | 2.12 | 2.12 | 2.17 | 2.15 | 2.10 | 2.08 |
| Liabilities / Assets | 0.52 | 0.52 | 0.52 | 0.52 | 0.53 | 0.53 | 0.54 | 0.54 | 0.52 | 0.52 |
| Efficiency | ||||||||||
| Asset turnover | 0.13 | - | 0.14 | 0.13 | 0.12 | - | 0.15 | 0.15 | 0.15 | - |
| Inventory turnover | 0.64 | - | 0.64 | 0.54 | 0.49 | - | 0.60 | 0.67 | 0.79 | - |
| Days sales outstanding | 262d | - | 263d | 270d | 259d | - | 245d | 232d | 283d | - |
| Days inventory outstanding | 573d | - | 571d | 675d | 747d | - | 607d | 548d | 463d | - |
| Days payable outstanding | 152d | - | 169d | 195d | 195d | - | 202d | 220d | 217d | - |
| Cash conversion cycle | 682d | - | 665d | 749d | 811d | - | 650d | 560d | 528d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 11.4% | - | -4.8% | -16.8% | -16.2% | - | -1.2% | 12.6% | 17.4% | - |
| Revenue CAGR (3y) | 3.1% | - | 3.8% | 0.5% | 2.3% | - | 7.1% | 9.6% | 11.2% | - |
| Revenue CAGR (5y) | 5.1% | - | 3.3% | 1.5% | 2.8% | - | 2.1% | 3.5% | 2.4% | - |
| Gross profit growth (YoY) | 10.8% | - | -4.6% | -15.3% | -11.7% | - | 2.9% | 17.1% | 18.8% | - |
| Operating income growth (YoY) | - | - | 7.4% | -68.1% | - | - | -41.3% | 30.9% | 97.8% | - |
| Net income growth (YoY) | - | - | 21.7% | 39.8% | - | - | -37.4% | -78.5% | 53.3% | - |
| EPS growth (YoY) | - | - | 16.7% | 42.9% | - | - | -35.1% | -80.0% | 52.9% | - |
| EPS CAGR (3y) | 3.8% | - | 1.2% | -19.3% | - | - | -17.7% | -27.0% | 63.0% | - |
| EPS CAGR (5y) | 25.9% | - | -0.7% | -5.1% | - | - | -17.8% | -26.7% | 21.1% | - |
| FCF growth (YoY) | 0.7% | - | - | - | 94.2% | - | - | - | -11.1% | - |
| FCF CAGR (5y) | 3.1% | - | - | - | 17.2% | - | - | - | -8.2% | - |
| Book value growth (YoY) | 7.8% | 6.5% | 7.2% | 3.4% | 1.0% | 0.4% | -0.2% | 2.5% | 3.9% | 3.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Product / service
$10.15B totalProduct$3.02B · 29.8%
Service$2.05B · 20.2%
Hardware Maintenance And Professional Services$1.62B · 15.9%
Wide Area Networking$1.47B · 14.5%
Campus And Branch$1.17B · 11.6%
Data Center$810.70M · 8.0%
Geographic
$8.19B totalAmericas$3.11B · 38.0%
US$2.88B · 35.2%
EMEA$1.23B · 15.0%
Asia Pacific$729.10M · 8.9%
Other Americas$228.30M · 2.8%
Peer comparison
Same SIC group: Computer Communications Equipment
Comparing JUNIPER NETWORKS INC against the 5 most active filers in the same SIC group.