Growth Metrics

Arista Networks (ANET) FCF Margin (2016 - 2025)

Arista Networks has reported FCF Margin over the past 13 years, most recently at 49.24% for Q4 2025.

  • Quarterly results put FCF Margin at 49.24% for Q4 2025, down 352.0% from a year ago — trailing twelve months through Dec 2025 was 47.22% (down 527.0% YoY), and the annual figure for FY2025 was 47.22%, down 527.0%.
  • FCF Margin for Q4 2025 was 49.24% at Arista Networks, down from 53.64% in the prior quarter.
  • Over the last five years, FCF Margin for ANET hit a ceiling of 64.47% in Q3 2024 and a floor of 2.35% in Q4 2022.
  • Median FCF Margin over the past 5 years was 35.19% (2021), compared with a mean of 35.29%.
  • Biggest five-year swings in FCF Margin: tumbled -2783bps in 2022 and later surged 3429bps in 2023.
  • Arista Networks' FCF Margin stood at 19.93% in 2021, then plummeted by -88bps to 2.35% in 2022, then soared by 1336bps to 33.79% in 2023, then surged by 56bps to 52.76% in 2024, then decreased by -7bps to 49.24% in 2025.
  • The last three reported values for FCF Margin were 49.24% (Q4 2025), 53.64% (Q3 2025), and 53.34% (Q2 2025) per Business Quant data.