Arista Networks, Inc. (TSX:ANET)
Canada · Delayed Price · Currency is CAD 30.56
+1.97 (6.89%)
Nov 6, 2026, 4:00 PM EST
Arista Networks Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 4,752 | 3,511 | 2,852 | 2,087 | 1,352 | 840.85 |
Depreciation & Amortization | 93.1 | 72.6 | 62 | 70.6 | 62.7 | 50.33 |
Loss (Gain) From Sale of Investments | - | - | - | - | 12.77 | 26.85 |
Stock-Based Compensation | 512.5 | 439.2 | 355.4 | 296.8 | 230.93 | 186.88 |
Other Operating Activities | 108 | -339.1 | -546.5 | -404.8 | -253.21 | -82.18 |
Change in Accounts Receivable | -838.4 | -746.4 | -106.1 | -105.9 | -401.95 | -126.97 |
Change in Inventory | -1,054 | -412.5 | 110.6 | -655.5 | -638.95 | -170.45 |
Change in Accounts Payable | 182.3 | 260.5 | -51.6 | 198.6 | 31.44 | 66.68 |
Change in Unearned Revenue | 2,153 | 2,452 | 1,285 | 465 | 98.96 | 278.49 |
Change in Income Taxes | -102.5 | -47.8 | -66.5 | 20.2 | 44.03 | -2.59 |
Change in Other Net Operating Assets | -566.9 | -818 | -186.4 | 61.7 | -46.34 | -52.04 |
Operating Cash Flow | 5,239 | 4,372 | 3,708 | 2,034 | 492.81 | 1,016 |
Operating Cash Flow Growth | 26.53% | 17.90% | 82.31% | 312.73% | -51.49% | 38.19% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -221.9 | -119.5 | -32 | -34.4 | -44.64 | -64.74 |
Cash Acquisitions | - | -300 | - | 1.8 | -145.09 | 1.3 |
Investment in Securities | -4,401 | -3,172 | -2,419 | -651.7 | 418.75 | -862.13 |
Other Investing Activities | -35.1 | 14.9 | -6.6 | -3.2 | -12.69 | - |
Investing Cash Flow | -4,658 | -3,576 | -2,457 | -687.5 | 216.33 | -925.56 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Issuance of Common Stock | 63.7 | 57.7 | 60.2 | 62.1 | 48.41 | 67.25 |
Repurchase of Common Stock | -676 | -1,654 | -482 | -145.9 | -703.01 | -428.13 |
Other Financing Activities | -3.7 | - | - | - | - | - |
Financing Cash Flow | -616 | -1,596 | -421.8 | -83.8 | -654.6 | -360.88 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -3.5 | 1.7 | -4.8 | 0.8 | -3.61 | -1.82 |
Net Cash Flow | -38.4 | -798.5 | 824.3 | 1,264 | 50.93 | -272.4 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 5,017 | 4,252 | 3,676 | 2,000 | 448.17 | 951.12 |
Free Cash Flow Growth | 24.01% | 15.67% | 83.85% | 346.17% | -52.88% | 32.15% |
Free Cash Flow Margin | 42.20% | 47.22% | 52.49% | 34.12% | 10.23% | 32.26% |
Free Cash Flow Per Share | 3.93 | 3.33 | 2.87 | 1.58 | 0.35 | 0.74 |
Levered Free Cash Flow | 3,001 | 3,388 | 2,844 | 1,503 | 264.9 | 649.26 |
Unlevered Free Cash Flow | 3,001 | 3,388 | 2,844 | 1,503 | 264.9 | 649.26 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Income Tax Paid | 1,096 | 1,096 | 970.6 | 686.2 | 427.85 | 189.77 |
Change in Working Capital | -226.3 | 687.8 | 985.2 | -15.9 | -912.82 | -6.88 |