Arista Networks
$207.35Change from previous close: +1.40%Absolute change: +$2.86
At a glance
- Revenue growth
- +28.60%
- 2025 vs 2024
- Net income growth
- +23.12%
- 2025 vs 2024
- Net margin
- 39.0%
- 2024: 40.7%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 4,372 | 3,708 | 2,034 | 493 | 1,016 | 735 | 963 | 503 | 632 | 174 |
| Depreciation and amortization | 72.6 | 62.0 | 70.6 | 62.7 | 50.3 | 35.2 | 32.8 | 27.7 | 20.6 | 19.7 |
| Capital expenditure | -120 | -32.0 | -34.4 | -44.6 | -64.7 | -15.4 | -15.8 | -23.8 | -15.3 | -21.4 |
| Investing cash flow | -3,576 | -2,457 | -688 | 216 | -926 | -609 | -284 | -755 | -391 | -326 |
| Financing cash flow | -1,596 | -422 | -83.8 | -655 | -361 | -346 | -218 | 42.9 | 51.5 | 32.7 |
| Share repurchases | -1,654 | -482 | -146 | -703 | -428 | -404 | -275 | -8.9 | -4.0 | -1.1 |
| Debt repaid | — | — | — | — | — | — | — | -1.9 | -1.6 | -1.3 |
| Effect of exchange rates | 1.7 | -4.8 | 0.8 | -3.6 | -1.8 | 2.0 | 0.4 | -1.4 | 0.8 | -0.5 |
| Net change in cash | -799 | 824 | 1,264 | 50.9 | -272 | -218 | 461 | -211 | 293 | -119 |
| Free cash flow | 4,252 | 3,676 | 2,000 | 448 | 951 | — | — | — | — | — |
| Levered free cash flow | 3,388 | 2,844 | 1,503 | 265 | 649 | 549 | 610 | 566 | 369 | 62.1 |