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
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 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%