Arista Networks (ANET) Other Working Capital Changes (2013 - 2026)
Arista Networks (ANET) posted Other Working Capital Changes of $149.5 million for Q3 2026, down 63.8% from $413.1 million a year earlier and down 64.2% from the prior quarter.
Arista Networks (ANET) Other Working Capital Changes (2013 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Other Working Capital Changes at Arista Networks was $1.59 billion, up 9.2% year-over-year; for FY2025, it was $1.63 billion, up 48.7% from FY2024.
- Annual Other Working Capital Changes has increased for three consecutive years, with a five-year compound annual growth rate of 89.7% (FY2020 to FY2025).
- In prior years, Arista Networks' Other Working Capital Changes was $1.1 billion in FY2024 (+108.6%), $526.7 million in FY2023 (+901.0%), $52.62 million in FY2022 (-76.8%) and $226.45 million in FY2021 (+240.8%).
- The Q3 2026 figure stands as the lowest quarterly Other Working Capital Changes since Q1 2025.
- On a year-over-year basis, Other Working Capital Changes increased in three of the last seven quarters, with an average decline of 7.0%.
- The strongest year-over-year quarter for Other Working Capital Changes in the past five years was Q4 2023, with growth of 250.8%; the weakest was Q1 2025, with a decline of 83.8%.
- According to Business Quant data, Other Working Capital Changes for the three prior quarters was $417.3 million (Q2 2026), $487.3 million (Q1 2026) and $532.4 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn |
| 10 | Garmin | 54.56 Bn | 44.11 Bn | 1.26 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 149.50 Mn |
| Jun 30, 2026 | 417.30 Mn |
| Mar 31, 2026 | 487.30 Mn |
| Dec 31, 2025 | 532.40 Mn |
| Sep 30, 2025 | 413.10 Mn |
| Jun 30, 2025 | 678.10 Mn |
| Mar 31, 2025 | 10.40 Mn |
| Dec 31, 2024 | 351.00 Mn |
| Sep 30, 2024 | 315.80 Mn |
| Jun 30, 2024 | 367.90 Mn |
| Mar 31, 2024 | 64.10 Mn |
| Dec 31, 2023 | 497.44 Mn |
| Sep 30, 2023 | 118.14 Mn |
| Jun 30, 2023 | -79.63 Mn |
| Mar 31, 2023 | -9.25 Mn |
| Dec 31, 2022 | 141.81 Mn |
| Sep 30, 2022 | -16.93 Mn |
| Jun 30, 2022 | -148.12 Mn |
| Mar 31, 2022 | 75.85 Mn |
| Dec 31, 2021 | 166.87 Mn |
Arista Networks Other Working Capital Changes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=ANET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "ticker": "ANET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=ANET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();