Arista Networks (ANET) FCF Margin (2013 - 2026)

Arista Networks (ANET) posted quarterly FCF Margin of 60.5% for Q1 2026, up 2991.0% year-over-year from 1.96% in Q1 2025, and up 22.88% quarter-over-quarter from 49.24% in Q4 2025.

Arista Networks (ANET) FCF Margin (2013 - 2026) Analysis & Trends

Arista Networks' FCF Margin history runs 14 years deep, the most recent figure standing at 60.5% for Q1 2026.

  • In Q1 2026, FCF Margin rose 2991.0% year-over-year to 60.5%; the TTM figure through Mar 2026 stood at 54.36% (up 346.0% YoY), while the FY2025 annual figure was 47.22%, down 527.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 60.5%, up from 49.24% in the prior quarter.
  • The five-year high for FCF Margin was 64.47% in Q3 2024, with the low at 0.12% in Q4 2022.
  • The 5-year median for FCF Margin is 33.79% (2023), against an average of 37.38%.
  • The sharpest annual moves came in 2022 and 2023: FCF Margin tumbled 2894 bps in 2022, then surged 3367 bps in 2023.
  • Arista Networks' FCF Margin stood at 0.12% in 2022, then surged by 28013 bps to 33.79% in 2023, then soared by 56 bps to 52.76% in 2024, then fell by 7 bps to 49.24% in 2025, then grew by 23 bps to 60.5% in 2026.
  • Business Quant data shows ANET's FCF Margin at 60.5% in Q1 2026, 49.24% in Q4 2025, and 53.64% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn 7.11%
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn 60.50%
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn 50.30%
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn 42.83%
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn 29.31%
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn 14.92%
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn 5.25%
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn -64.58%
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn 12.22%
10 IonQ 13.97 Bn 11.94 Bn 15.41 Mn -246.48%

Historic Data

Download Data
DateValue
Mar 31, 2026 60.50%
Dec 31, 2025 49.24%
Sep 30, 2025 53.64%
Jun 30, 2025 53.34%
Mar 31, 2025 30.59%
Dec 31, 2024 52.76%
Sep 30, 2024 64.47%
Jun 30, 2024 58.32%
Mar 31, 2024 32.10%
Dec 31, 2023 33.79%
Sep 30, 2023 44.80%
Jun 30, 2023 29.75%
Mar 31, 2023 27.30%
Dec 31, 2022 0.12%
Sep 30, 2022 12.93%
Jun 30, 2022 8.77%
Mar 31, 2022 23.06%
Dec 31, 2021 26.19%
Sep 30, 2021 29.23%
Jun 30, 2021 37.71%