Arista Networks (ANET) Cash from Operations (2013 - 2026)
Arista Networks (ANET) reported Cash from Operations of $1.2 billion for Q3 2026, down 5.3% from $1.27 billion a year earlier but up 10.9% from the prior quarter.
Arista Networks (ANET) Cash from Operations (2013 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Arista Networks' Cash from Operations came in at $5.24 billion, up 26.5% year-over-year; for FY2025, it came in at $4.37 billion, up 17.9% from FY2024.
- Cash from Operations has increased for three consecutive years, with a five-year compound annual growth rate of 42.8% (FY2020 to FY2025).
- By year, Cash from Operations came in at $3.71 billion in FY2024 (+82.3%), $2.03 billion in FY2023 (+312.7%), $492.81 million in FY2022 (-51.5%) and $1.02 billion in FY2021 (+38.2%).
- Five-year quarterly Cash from Operations spans a low of $40.47 million in Q4 2022 and a high of $1.69 billion in Q1 2026.
- Year over year, Cash from Operations gained in six of the last eight quarters, with growth averaging 40.2%.
- The high point for year-over-year Cash from Operations in five years was Q3 2023 (growth of 421.2%); the low point was Q4 2022 (a decline of 82.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.08 billion (Q2 2026), $1.69 billion (Q1 2026) and $1.26 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn | 28.10 Bn |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn | 4.36 Bn |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn | 1.20 Bn |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn | 2.23 Bn |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | 2.88 Bn |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn | 6.36 Bn |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn | 1.69 Bn |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn | 1.60 Bn |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn | 1.64 Bn |
| 10 | Garmin | 54.56 Bn | 44.11 Bn | 1.26 Bn | 393.86 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.20 Bn |
| Jun 30, 2026 | 1.08 Bn |
| Mar 31, 2026 | 1.69 Bn |
| Dec 31, 2025 | 1.26 Bn |
| Sep 30, 2025 | 1.27 Bn |
| Jun 30, 2025 | 1.20 Bn |
| Mar 31, 2025 | 641.70 Mn |
| Dec 31, 2024 | 1.03 Bn |
| Sep 30, 2024 | 1.17 Bn |
| Jun 30, 2024 | 989.00 Mn |
| Mar 31, 2024 | 513.80 Mn |
| Dec 31, 2023 | 526.45 Mn |
| Sep 30, 2023 | 698.98 Mn |
| Jun 30, 2023 | 434.09 Mn |
| Mar 31, 2023 | 374.48 Mn |
| Dec 31, 2022 | 40.47 Mn |
| Sep 30, 2022 | 134.11 Mn |
| Jun 30, 2022 | 101.10 Mn |
| Mar 31, 2022 | 217.14 Mn |
| Dec 31, 2021 | 225.24 Mn |
Arista Networks Cash from Operations 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=cash-from-operations&ticker=ANET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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=cash-from-operations&ticker=ANET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();