Arista Networks (ANET) Free Cash Flow (2013 - 2026)
Arista Networks (ANET) posted quarterly Free Cash Flow of $1.6 billion for Q1 2026, up 167.24% year-over-year from $613.3 million in Q1 2025, and up 33.81% on a QoQ basis from $1.2 billion in Q4 2025.
Arista Networks (ANET) Free Cash Flow (2013 - 2026) Analysis & Trends
Arista Networks (ANET) has reported Free Cash Flow for 14 consecutive years, with $1.6 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Free Cash Flow rose 167.24% year-over-year to $1.6 billion; the TTM figure through Mar 2026 stood at $5.3 billion (up 39.44% YoY), while the FY2025 annual figure was $4.3 billion, up 15.67% from the prior year.
- Free Cash Flow came in at $1.6 billion for Q1 2026 at Arista Networks, up from $1.2 billion in the prior quarter.
- The five-year high for Free Cash Flow was $1.6 billion in Q1 2026, with the low at $30.0 million in Q4 2022.
- Average Free Cash Flow over 5 years is $706.8 million, with a median of $613.3 million recorded in 2025.
- Across the five-year window, Free Cash Flow slumped 86.1% in 2022 and jumped 1634.16% in 2023, its largest moves.
- Year by year, Free Cash Flow stood at $30.0 million in 2022, then surged by 1634.16% to $520.5 million in 2023, then soared by 95.69% to $1.0 billion in 2024, then grew by 20.27% to $1.2 billion in 2025, then jumped by 33.81% to $1.6 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $1.6 billion, $1.2 billion, and $1.2 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 2.99 Bn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 3.12 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 1.64 Bn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 978.00 Mn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 1.33 Bn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 157.09 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 756.00 Mn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | -6.62 Bn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 198.56 Mn |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 Bn | 1.82 Mn | -46.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.64 Bn |
| Mar 31, 2026 | 1.64 Bn |
| Dec 31, 2025 | 1.22 Bn |
| Dec 31, 2025 | 1.22 Bn |
| Sep 30, 2025 | 1.24 Bn |
| Sep 30, 2025 | 1.24 Bn |
| Jun 30, 2025 | 1.18 Bn |
| Jun 30, 2025 | 1.18 Bn |
| Mar 31, 2025 | 613.30 Mn |
| Mar 31, 2025 | 613.30 Mn |
| Dec 31, 2024 | 1.02 Bn |
| Dec 31, 2024 | 1.02 Bn |
| Sep 30, 2024 | 1.17 Bn |
| Sep 30, 2024 | 1.17 Bn |
| Jun 30, 2024 | 985.80 Mn |
| Jun 30, 2024 | 985.80 Mn |
| Mar 31, 2024 | 504.40 Mn |
| Mar 31, 2024 | 504.40 Mn |
| Dec 31, 2023 | 520.47 Mn |
| Dec 31, 2023 | 520.47 Mn |