Arista Networks ANET
NYSE ANET
$199.45 +10.45 (+5.53%)
At close: Sep 11, 2026 · 4:00 PM EDT

Arista Networks (ANET) Free Cash Flow (2013 - 2026)

Arista Networks (ANET) posted Free Cash Flow of $1.1 billion for Q2 2026, down 35.74% on a QoQ basis from $1.6 billion in Q1 2026, and down 10.44% year-over-year from $1.2 billion in Q2 2025.

Analysis

Arista Networks (ANET) Free Cash Flow (2013 - 2026) Analysis & Trends

Arista Networks has reported Free Cash Flow for 14 years, with the latest figure at $1.1 billion in Q2 2026.

  • On a quarterly basis, Free Cash Flow fell 10.44% year-over-year to $1.1 billion in Q2 2026; TTM through Jun 2026 was $5.2 billion, a 29.68% increase from a year earlier, with the FY2025 full-year figure at $4.3 billion, up 15.67% from the prior year.
  • Free Cash Flow was $1.1 billion for Q2 2026 at Arista Networks, down from $1.6 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 $726.0 million, with a median of $650.5 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2023: Free Cash Flow plunged 86.1% in 2022, then surged 1634.16% in 2023.
  • Over 5 years, Free Cash Flow stood at $30.0 million in 2022, then soared by 1634.16% to $520.5 million in 2023, then jumped by 95.69% to $1.0 billion in 2024, then advanced by 20.27% to $1.2 billion in 2025, then decreased by 14.01% to $1.1 billion in 2026.
  • The last three Free Cash Flow figures came in at $1.1 billion (Q2 2026), $1.6 billion (Q1 2026), and $1.2 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Dell Technologies 362.97 Bn 351.40 Bn 9.83 Bn 986.00 Mn
2 Arista Networks 251.55 Bn 238.20 Bn 1.91 Bn 1.05 Bn
3 Sandisk 238.47 Bn 233.71 Bn 7.58 Bn 7.08 Bn
4 Seagate Technology Holdings 188.28 Bn 186.57 Bn 1.90 Bn 1.12 Bn
5 Western Digital 161.43 Bn 159.85 Bn 2.03 Bn 1.28 Bn
6 Hewlett Packard Enterprise 82.45 Bn 76.23 Bn 4.93 Bn 896.00 Mn
7 NetApp 39.14 Bn 35.57 Bn 1.42 Bn 401.00 Mn
8 Everpure 32.71 Bn 31.71 Bn 811.39 Mn -237.60 Mn
9 Super Micro Computer 26.34 Bn 18.82 Bn 1.94 Bn 718.73 Mn
10 Penguin Solutions 2.62 Bn 2.38 Bn 133.21 Mn -77.63 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.05 Bn
Mar 31, 2026 1.64 Bn
Dec 31, 2025 1.22 Bn
Sep 30, 2025 1.24 Bn
Jun 30, 2025 1.18 Bn
Mar 31, 2025 613.30 Mn
Dec 31, 2024 1.02 Bn
Sep 30, 2024 1.17 Bn
Jun 30, 2024 985.80 Mn
Mar 31, 2024 504.40 Mn
Dec 31, 2023 520.47 Mn
Sep 30, 2023 687.77 Mn
Jun 30, 2023 422.51 Mn
Mar 31, 2023 368.85 Mn
Dec 31, 2022 30.01 Mn
Sep 30, 2022 123.67 Mn
Jun 30, 2022 92.23 Mn
Mar 31, 2022 202.26 Mn
Dec 31, 2021 215.96 Mn
Sep 30, 2021 226.69 Mn