ANET
Arista Networks, Inc.
Stock
$207.35+2.86 (+1.40%)Close Oct 2, 2026
Cash flow statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $5.3B | $4.4B | $3.7B | $2.0B | $493M | $1.0B | $735M | $963M | $503M | $632M | $174M | $238M | $132M | $35M | $26M |
| Capital expenditures | $151M | $120M | $32M | $34M | $45M | $65M | $15M | $16M | $24M | $15M | $21M | $20M | $13M | $20M | $3.3M |
| Free cash flow | $5.2B | $4.3B | $3.7B | $2.0B | $448M | $951M | $720M | $947M | $479M | $616M | $153M | $218M | $119M | $14M | $23M |
| Stock-based compensation | $502M | $439M | $355M | $297M | $231M | $187M | $137M | $101M | $91M | $75M | $59M | $45M | $28M | $10M | $4.7M |
| Buybacks | $620M | $1.6B | $424M | $112M | $670M | $412M | $395M | $266M | $0 | $0 | — | — | — | — | — |
| Free cash flow margin | 48.9% | 47.2% | 52.5% | 34.1% | 10.2% | 32.3% | 31.1% | 39.3% | 22.3% | 37.4% | 13.5% | 26.0% | 20.3% | 4.0% | 11.9% |