Arista Networks (ANET) FCF Margin (2013 - 2026)
Arista Networks (ANET) recorded quarterly FCF Margin of 60.5% in Q1 2026, up 22.88% quarter-over-quarter from 49.24% in Q4 2025, and up 2991.0% on a YoY basis from 1.96% in Q1 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 was 60.5% for Q1 2026 at Arista Networks, up from 49.24% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 64.47% in Q3 2024 to a low of 2.35% in Q4 2022.
- Historically, FCF Margin has averaged 37.39% across 5 years, with a median of 33.79% in 2023.
- The sharpest annual moves came in 2022 and 2023: FCF Margin plunged 2716 bps in 2022, then jumped 3669 bps in 2023.
- A 5-year view of FCF Margin shows it stood at 2.35% in 2022, then surged by 1336 bps to 33.79% in 2023, then jumped by 56 bps to 52.76% in 2024, then retreated by 7 bps to 49.24% in 2025, then increased by 23 bps to 60.5% in 2026.
- The last three FCF Margin figures came in at 60.5% (Q1 2026), 49.24% (Q4 2025), and 53.64% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 11.84% |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 50.30% |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 60.50% |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 42.83% |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 29.31% |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | -64.58% |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 25.34% |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 5.25% |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | -246.48% |
| 10 | Logitech International | 16.58 Bn | 14.83 Bn | 483.28 Mn | 18.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 45.56% |
| Jun 30, 2023 | 28.91% |
| Mar 31, 2023 | 27.35% |
| Dec 31, 2022 | 2.35% |
| Sep 30, 2022 | 8.87% |
| Jun 30, 2022 | 9.44% |
| Mar 31, 2022 | 24.44% |
| Dec 31, 2021 | 26.19% |
| Sep 30, 2021 | 30.28% |
| Jun 30, 2021 | 36.60% |