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% on a QoQ basis from 49.24% in Q4 2025.
Arista Networks (ANET) FCF Margin (2013 - 2026) Analysis & Trends
Arista Networks (ANET) has reported FCF Margin for 14 consecutive years, with 60.5% the latest figure, recorded in 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 came in at 60.5% for Q1 2026 at Arista Networks, 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 2.35% in Q4 2022.
- Average FCF Margin over 5 years is 37.39%, with a median of 33.79% recorded in 2023.
- Across the five-year window, FCF Margin sank 2716 bps in 2022 and jumped 3669 bps in 2023, its largest moves.
- Year by year, FCF Margin 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 dropped by 7 bps to 49.24% in 2025, then advanced by 23 bps to 60.5% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 60.5%, 49.24%, and 53.64% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 50.30% |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 7.11% |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 60.50% |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 29.31% |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 42.83% |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 14.92% |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 5.25% |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | -64.58% |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 18.29% |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 Bn | 1.82 Mn | -1,610.95% |
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% |