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

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 was $48.0 million for Q3 2023 at Arista Networks, down from $51.7 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $107.8 million in Q1 2019 to a low of $44.0 million in Q4 2022.
• Historically, Operating Leases has averaged $69.0 million across 5 years, with a median of $67.8 million in 2021.
• The sharpest annual moves came in 2020 and 2022: Operating Leases advanced 8.61% in 2020, then sank 42.77% in 2022.
• A 5-year view of Operating Leases shows it stood at $83.0 million in 2019, then increased by 8.61% to $90.2 million in 2020, then fell by 14.8% to $76.8 million in 2021, then tumbled by 42.77% to $44.0 million in 2022, then grew by 9.28% to $48.0 million in 2023.
• The last three Operating Leases figures came in at $48.0 million (Q3 2023), $51.7 million (Q2 2023), and $55.3 million (Q1 2023), per Business Quant data.