Arista Networks Cash Flow Statement
NYSE: ANETTelecommunicationsComputer Communications EquipmentUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Arista Networks free cash flow
In fiscal 2025, Arista Networks generated $4.37 billion of operating cash flow and spent $119.5 million on capital expenditures. That left free cash flow of $4.25 billion, a free-cash-flow margin of 47.2% of revenue. Free cash flow was up 15.7% from the prior year's $3.68 billion.
Arista Networks returned $1.60 billion to shareholders through share repurchases, equal to 38% of free cash flow.
Summary generated from market data by MetaCap's automated system. Methodology
Arista Networks cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 3.51B | 2.85B | 2.09B | 1.35B | 840.85M | 634.56M | 859.87M | 328.12M | 423.20M | 184.19M |
| Net Income growth (YoY) | +23.12% | +36.64% | +54.34% | +60.84% | +32.51% | -26.20% | +162.06% | -22.47% | +129.76% | +52.09% |
| Depreciation & Amortization | 72.60M | 62.00M | 70.60M | 62.70M | 50.33M | 35.16M | 32.85M | 27.67M | 20.64M | 19.75M |
| Stock-Based Compensation | 439.20M | 355.40M | 296.80M | 230.93M | 186.88M | 137.04M | 101.28M | 91.20M | 75.43M | 59.03M |
| Change in Working Capital | 1.67B | 1.29B | 30.30M | -924.55M | -67.00K | -122.00M | 9.02M | 121.87M | 38.12M | -144.59M |
| Operating Cash Flow | 4.37B | 3.71B | 2.03B | 492.81M | 1.02B | 735.11M | 963.03M | 503.12M | 631.63M | 174.29M |
| Capital Expenditures | -119.50M | -32.00M | -34.40M | -44.64M | -64.74M | -15.38M | -15.75M | -23.83M | -15.28M | -21.42M |
| Investing Cash Flow | -3.58B | -2.46B | -687.50M | 216.33M | -925.56M | -608.80M | -284.07M | -755.11M | -391.32M | -325.77M |
| Share Repurchases | -1.60B | -423.60M | -112.30M | -670.29M | -411.64M | -395.17M | -266.14M | 0 | 0 | — |
| Financing Cash Flow | -1.60B | -421.80M | -83.80M | -654.60M | -360.88M | -346.34M | -217.96M | 42.85M | 51.47M | 32.74M |
| Net Change in Cash | -798.50M | 824.30M | 1.26B | 50.93M | -272.40M | -218.06M | 461.35M | -210.53M | 292.53M | -119.20M |
| Free Cash Flow | 4.25B | 3.68B | 2.00B | 448.17M | 951.12M | 719.73M | 947.28M | 479.29M | 616.35M | 152.88M |
This table shows 10 annual periods of Arista Networks's cash flow statement, from FY 2025 back to FY 2016, across 11 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow ANET's reporting calendar. What is a cash flow statement?