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

Arista Networks has reported FCF Margin for 14 years, with the latest figure at 34.7% in Q2 2026.

• On a quarterly basis, FCF Margin fell 1865.0% year-over-year to 34.7% in Q2 2026; TTM through Jun 2026 was 48.91%, a 109.0% decrease from a year earlier, with the FY2025 full-year figure at 47.22%, down 527.0% from the prior year.
• FCF Margin was 34.7% for Q2 2026 at Arista Networks, down from 60.5% 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 37.22%, with a median of 34.24% recorded in 2023.
• The sharpest annual moves came in 2022 and 2023: FCF Margin plunged 2783 bps in 2022, then soared 3506 bps in 2023.
• Over 5 years, FCF Margin stood at 2.35% in 2022, then soared by 1336 bps to 33.79% in 2023, then surged by 56 bps to 52.76% in 2024, then decreased by 7 bps to 49.24% in 2025, then declined by 30 bps to 34.7% in 2026.
• The last three FCF Margin figures came in at 34.7% (Q2 2026), 60.5% (Q1 2026), and 49.24% (Q4 2025), per Business Quant data.