Arista Networks, Inc.

Arista Networks, Inc.

ANETยทNYSE

$174.37

+2.2%
TechnologyComputer Hardware

Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of extensible operating systems, a set of network applications, as well as gigabit Ethernet switching and routing platforms. It also provides post contract customer support services, such as technical support, hardware repair and parts replacement beyond standard warranty, bug fix, patch, and upgrade services. The company serves a range of industries comprising internet companies, service providers, financial services organizations, government agencies, media and entertainment companies, and others. It markets and sells its products through distributors, system integrators, value-added resellers, and original equipment manufacturer partners, as well as through its direct sales force. The company was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. Arista Networks, Inc. was incorporated in 2004 and is headquartered in Santa Clara, California.

At a Glance

Live Snapshot
Market Cap$219.56B
EPS2.7900
P/E Ratio62.50
Earnings Date08/04/2026
3Y+787.0%
5Y+495.0%
10Y+3226.0%
3Y-1753.0%
5Y+487.0%
10Y+997.0%
3Y+144.0%
5Y+361.0%
10Y-2211.0%
ANET

Arista Networks, Inc. Cash Conversion Engine

ANET ยท NYSE
Net Income3.51B
Depreciation & Amortization72.60M
Stock-Based Compensation439.20M
Change in Working Capital687.80M
Others-27.10M
Capital Expenditures-119.50M
Free Cash Flow4.25B

Cash Flow Quality Analysis

FCF Conversion Rate

121.1%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

2.7%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+15.7%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$687.80M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Arista Networks, Inc. Cash Flow Statement

ANET โ€ข NYSE

Arista Networks, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
OPERATING ACTIVITIES
3.5B
2.9B
2.1B
1.4B
840.9M
634.6M
859.9M
328.1M
423.2M
184.2M
121.1M
86.9M
42.5M
21.3M
34M
72.6M
62M
70.6M
62.7M
50.3M
44.6M
32.8M
27.7M
20.6M
19.7M
13.7M
10M
5M
1.8M
1.3M
-312M
-492.9M
-370.8M
-244.4M
-99.3M
-9.1M
-75.7M
-57.9M
8.4M
-21.7M
-24.4M
-6.8M
-8.8M
-3.7M
-4.2M
439.2M
355.4M
296.8M
230.9M
186.9M
137M
101.3M
91.2M
75.4M
59M
45.3M
27.6M
10.2M
4.7M
2M
-27.1M
-53.5M
-34M
3.9M
44M
13.8M
4M
10.4M
1.5M
-41.4M
-35.8M
-19M
427K
1.3M
2M
(0.0)
(970.6M)
(686.2M)
(427.8M)
(189.8M)
(82.6M)
(32.8M)
(17.6M)
(44.2M)
(39.6M)
(6.6M)
(44.8M)
(16.8M)
-15.1M
(520K)
687.8M
985.2M
-15.9M
-912.8M
-6.9M
-85.7M
40.8M
103.6M
102.5M
-68.4M
80.6M
15.8M
-14.6M
926K
-22.6M
4.4B
3.7B
2B
492.8M
1B
735.1M
963M
503.1M
631.6M
131.4M
200.5M
114.5M
34.6M
26.3M
12.4M
INVESTING ACTIVITIES
-119.5M
-32M
-34.4M
-44.6M
-64.7M
-15.4M
-15.8M
-23.8M
-15.3M
-21.4M
-20M
-13.1M
-20.3M
-3.3M
-2.8M
-300M
(0.0)
(1.8M)
-145.1M
-19.9M
-224M
(26.9M)
-104.8M
(0.0)
-2.5M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-6.7B
-4.5B
-2.6B
-1.4B
-2.3B
-2.7B
-1.5B
-1.2B
-585.4M
-439.7M
-4M
-210M
(0.0)
(0.0)
(0.0)
3.6B
2.1B
2B
1.8B
1.5B
2.3B
1.2B
547.8M
206.3M
137.9M
208.2M
0.0
0.0
0.0
0.0
14.9M
-6.6M
-3.2M
-12.7M
1.3M
0.0
0.0
0.0
1.7M
-204K
0.0
-26.2M
825K
-9M
0.0
-3.6B
-2.5B
-687.5M
(216.3M)
-925.6M
-608.8M
-284.1M
-755.1M
-392.6M
-326M
(184.2M)
-249.4M
-19.5M
-12.4M
-2.8M
FINANCING ACTIVITIES
-1.5B
-363.4M
-50.2M
-621.9M
-344.4M
-337.6M
-208.8M
53.7M
57.1M
35.2M
-261K
239.3M
9M
3.9M
4.2M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-1.9M
-1.6M
-1.3M
-1.1M
-20.8M
0.0
0.0
40.2M
-1.6B
-423.6M
-112.3M
-670.3M
-411.6M
-395.2M
-266.1M
(0.0)
(0.0)
(0.0)
-261K
(0.0)
(0.0)
(0.0)
(0.0)
-50.5M
-58.4M
-33.6M
-32.7M
-16.5M
-8.7M
-9.2M
-8.9M
-4M
41.8M
64.5M
42.8M
882K
95K
2.1M
-1.6B
-421.8M
-83.7M
-654.6M
-360.9M
-346.3M
-218M
42.9M
51.5M
75.6M
63.1M
261.3M
9.9M
4M
46.5M
CASH FLOW SUMMARY
1.7M
-4.8M
675K
-3.6M
-1.8M
2M
353K
-1.4M
753K
-464K
-513K
-124K
-34K
-1K
-18K
-798.5M
824.3M
1.3B
50.9M
-272.4M
-218.1M
461.4M
-210.5M
291.3M
-119.4M
447.3M
126.4M
25M
17.9M
56.1M
2.8B
1.9B
676M
625.1M
897.5M
1.1B
654.2M
864.7M
567.9M
687.3M
240M
113.7M
88.7M
70.7M
14.6M
2B
2.8B
1.9B
676M
625.1M
897.5M
1.1B
654.2M
859.2M
567.9M
687.3M
240M
113.7M
88.7M
70.7M
4.3B
3.7B
2B
448.2M
951.1M
719.7M
947.3M
479.3M
616.3M
110M
180.5M
101.4M
14.3M
23M
9.7M

SEC Filings

ANET - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 02, 2026
May 29, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 05, 2026
May 05, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 16, 2026
May 29, 2026
2026
10-K

10-K 2025 FY

FY

February 17, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 12, 2026
February 12, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 05, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 04, 2025
November 04, 2025
2025
8-K

8-K 2025

N/A

September 08, 2025
September 05, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 06, 2025
June 30, 2025
2025
Showing 1 to 10 of 155 filings