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

Arista Networks has reported Operating Leases for 5 years, with the latest figure at $48.0 million in Q3 2023.

• On a quarterly basis, Operating Leases rose 2.08% year-over-year to $48.0 million in Q3 2023; TTM through Sep 2023 was $48.0 million, a 2.08% increase from a year earlier, with the FY2022 full-year figure at $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.
• The five-year high for Operating Leases was $107.8 million in Q1 2019, with the low at $44.0 million in Q4 2022.
• Average Operating Leases over 5 years is $71.4 million, with a median of $67.8 million recorded in 2021.
• The sharpest annual moves came in 2022 and 2023: Operating Leases plunged 42.77% in 2022, then climbed 2.08% in 2023.
• Over 5 years, Operating Leases stood at $99.1 million in 2019, then fell by 8.99% to $90.2 million in 2020, then retreated by 14.8% to $76.8 million in 2021, then slumped by 42.77% to $44.0 million in 2022, then increased 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.