Arista Networks Inc (ANET)

Arista Networks Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	3,252	2,852	2,087	1,352	840.85	634.56
Depreciation & Amortization	40.76	45.26	70.63	62.7	50.33	35.16
Other Amortization	16.78	16.78	-	-	-	-
Loss (Gain) From Sale of Investments	-60.47	-60.47	-33.52	12.77	26.85	6.22
Stock-Based Compensation	377.06	355.36	296.76	230.93	186.88	137.04
Other Operating Activities	-597.84	-485.94	-371.26	-253.21	-82.18	7.83
Change in Accounts Receivable	-386.98	-106.08	-105.93	-401.95	-126.97	10.67
Change in Inventory	-205.29	110.61	-655.47	-638.95	-170.45	-235.32
Change in Accounts Payable	244.57	-51.64	198.61	31.44	66.68	41.16
Change in Unearned Revenue	1,814	1,285	464.96	98.96	278.49	50.35
Change in Income Taxes	11.8	-66.5	20.17	44.03	-2.59	28.62
Change in Other Net Operating Assets	-458.72	-186.42	61.75	-46.34	-52.04	18.83
Operating Cash Flow	4,047	3,708	2,034	492.81	1,016	735.11
Operating Cash Flow Growth	48.35%	82.31%	312.74%	-51.49%	38.19%	-23.67%
Capital Expenditures	-71.83	-32.03	-34.43	-44.64	-64.74	-15.38
Cash Acquisitions	-300	-	1.8	-145.09	1.3	-227.42
Investment in Securities	-2,697	-2,419	-651.66	418.75	-862.13	-366
Other Investing Activities	-5.63	-6.63	-3.16	-12.69	-	-
Investing Cash Flow	-3,075	-2,457	-687.45	216.33	-925.56	-608.8
Issuance of Common Stock	56.98	60.18	62.09	48.41	67.25	57.56
Repurchase of Common Stock	-1,234	-481.99	-145.84	-703.01	-428.13	-403.9
Financing Cash Flow	-1,177	-421.81	-83.75	-654.6	-360.88	-346.34
Foreign Exchange Rate Adjustments	1.23	-4.77	0.68	-3.61	-1.82	1.97
Net Cash Flow	-203	824.3	1,263	50.93	-272.4	-218.06
Free Cash Flow	3,975	3,676	2,000	448.17	951.12	719.73
Free Cash Flow Growth	47.32%	83.85%	346.17%	-52.88%	32.15%	-24.02%
Free Cash Flow Margin	50.00%	52.49%	34.12%	10.23%	32.26%	31.06%
Free Cash Flow Per Share	3.11	2.87	1.58	0.35	0.74	0.57
Cash Income Tax Paid	970.64	970.64	686.16	427.85	189.77	82.6
Levered Free Cash Flow	3,329	2,822	1,503	264.9	649.26	549.33
Unlevered Free Cash Flow	3,329	2,822	1,503	264.9	649.26	549.33
Change in Working Capital	1,019	985.18	-15.92	-912.82	-6.88	-85.69

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q