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
DateValue
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