Arista Networks (ANET) Operating Leases (2019 - 2023)

Arista Networks (ANET) posted quarterly Operating Leases of $48.0 million for Q3 2023, up 2.08% year-over-year from $47.1 million in Q3 2022, and down 7.08% quarter-over-quarter from $51.7 million in Q2 2023.

Arista Networks (ANET) Operating Leases (2019 - 2023) Analysis & Trends

Arista Networks' Operating Leases history runs 5 years deep, the most recent figure standing at $48.0 million for Q3 2023.

  • In Q3 2023, Operating Leases rose 2.08% year-over-year to $48.0 million; the TTM figure through Sep 2023 stood at $48.0 million (up 2.08% YoY), while the FY2022 annual figure was $44.0 million, down 42.77% from the prior year.
  • Operating Leases for Q3 2023 stood at $48.0 million, down from $51.7 million in the prior quarter.
  • The five-year high for Operating Leases was $107.8 million in Q1 2019, with the low at $44.0 million in Q4 2022.
  • The 5-year median for Operating Leases is $67.8 million (2021), against an average of $69.7 million.
  • The sharpest annual moves came in 2021 and 2022: Operating Leases grew 6.12% in 2021, then plunged 42.77% in 2022.
  • Arista Networks' Operating Leases stood at $83.0 million in 2019, then dropped by 12.8% to $72.4 million in 2020, then increased by 6.12% to $76.8 million in 2021, then slumped by 42.77% to $44.0 million in 2022, then climbed by 9.28% to $48.0 million in 2023.
  • Business Quant data shows ANET's Operating Leases at $48.0 million in Q3 2023, $51.7 million in Q2 2023, and $55.3 million in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn
10 IonQ 13.97 Bn 11.94 Bn 15.41 Mn

Historic Data

Download Data
DateValue
Sep 30, 2023 48.04 Mn
Jun 30, 2023 51.70 Mn
Mar 31, 2023 55.29 Mn
Dec 31, 2022 43.96 Mn
Sep 30, 2022 47.07 Mn
Jun 30, 2022 51.79 Mn
Mar 31, 2022 57.47 Mn
Dec 31, 2021 76.83 Mn
Sep 30, 2021 61.63 Mn
Jun 30, 2021 64.30 Mn
Mar 31, 2021 67.77 Mn
Dec 31, 2020 72.40 Mn
Sep 30, 2020 74.90 Mn
Jun 30, 2020 74.26 Mn
Mar 31, 2020 78.50 Mn
Dec 31, 2019 83.02 Mn
Sep 30, 2019 102.64 Mn
Jun 30, 2019 104.37 Mn
Mar 31, 2019 107.76 Mn