Arista Networks (ANET) Capital Expenditures (2013 - 2026)
Arista Networks (ANET) recorded Capital Expenditures of $29.7 million in Q2 2026, up 23.8% from $24 million a year earlier but down 45.5% from the prior quarter.
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Analysis
Arista Networks (ANET) Capital Expenditures (2013 - 2026) Analysis & Trends
On a TTM basis, Arista Networks' Capital Expenditures came in at $151.3 million as of Jun 30, 2026, up 110.7% year-over-year; for FY2025, it came in at $119.5 million, up 273.4% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of 50.7% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $32 million in FY2024 (-7.0%), $34.4 million in FY2023 (-22.9%), $44.64 million in FY2022 (-31.0%) and $64.74 million in FY2021 (+320.8%).
- Quarterly Capital Expenditures has ranged from $3.2 million in Q2 2024 to $54.5 million in Q1 2026 over the past five years.
- On a year-over-year basis, Capital Expenditures has increased for seven consecutive quarters, with growth averaging 195.8% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 650.0% in Q2 2025, against a decline of 77.2% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $54.5 million (Q1 2026), $37 million (Q4 2025) and $30.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 2.46 Bn |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 390.00 Mn |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 1.24 Bn |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 29.70 Mn |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 43.00 Mn |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 187.00 Mn |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 108.00 Mn |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | - |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 166.80 Mn |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 745.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.70 Mn |
| Mar 31, 2026 | 54.50 Mn |
| Dec 31, 2025 | 37.00 Mn |
| Sep 30, 2025 | 30.10 Mn |
| Jun 30, 2025 | 24.00 Mn |
| Mar 31, 2025 | 28.40 Mn |
| Dec 31, 2024 | 12.40 Mn |
| Sep 30, 2024 | 7.00 Mn |
| Jun 30, 2024 | 3.20 Mn |
| Mar 31, 2024 | 9.40 Mn |
| Dec 31, 2023 | 5.98 Mn |
| Sep 30, 2023 | 11.21 Mn |
| Jun 30, 2023 | 11.58 Mn |
| Mar 31, 2023 | 5.63 Mn |
| Dec 31, 2022 | 10.46 Mn |
| Sep 30, 2022 | 10.44 Mn |
| Jun 30, 2022 | 8.87 Mn |
| Mar 31, 2022 | 14.88 Mn |
| Dec 31, 2021 | 9.28 Mn |
| Sep 30, 2021 | 45.89 Mn |
API Access
Arista Networks Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=ANET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "ANET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=ANET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();