Arista Networks (ANET) Operating Leases (2019 - 2023)
Arista Networks (ANET) has 5 years of Operating Leases data on record, last reported at $48.0 million in Q3 2023.
- For Q3 2023, Operating Leases rose 2.08% year-over-year to $48.0 million; the TTM value through Sep 2023 reached $48.0 million, up 2.08%, while the annual FY2022 figure was $44.0 million, 22.22% down from the prior year.
- Operating Leases reached $48.0 million in Q3 2023 per ANET's latest filing, down from $51.7 million in the prior quarter.
- Across five years, Operating Leases topped out at $93.6 million in Q1 2019 and bottomed at $44.0 million in Q4 2022.
- Average Operating Leases over 5 years is $66.3 million, with a median of $64.3 million recorded in 2021.
- Peak YoY movement for Operating Leases: dropped 23.63% in 2022, then increased 2.08% in 2023.
- A 5-year view of Operating Leases shows it stood at $83.0 million in 2019, then decreased by 12.8% to $72.4 million in 2020, then fell by 21.92% to $56.5 million in 2021, then fell by 22.22% to $44.0 million in 2022, then grew by 9.28% to $48.0 million in 2023.
- Per Business Quant database, its latest 3 readings for Operating Leases were $48.0 million in Q3 2023, $51.7 million in Q2 2023, and $55.3 million in Q1 2023.