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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,083 | 1,694 | 1,262 | 1,268 | 1,200 | 642 | 1,031 | 1,175 | 989 | 514 | 526 | 699 |
| Depreciation and amortization | 23.4 | 23.3 | 22.8 | 23.2 | 12.8 | 13.8 | 15.3 | 15.6 | 15.5 | 15.6 | 14.4 | 17.0 |
| Capital expenditure | -29.7 | -54.5 | -37.0 | -30.1 | -24.0 | -28.4 | -12.4 | -7.0 | -3.2 | -9.4 | -6.0 | -11.2 |
| Investing cash flow | -1,580 | -865 | -999 | -1,186 | -625 | -766 | -1,310 | -374 | -478 | -296 | -337 | -226 |
| Financing cash flow | -1.5 | 0.0 | -626 | 20.6 | -197 | -794 | -130 | -55.6 | -173 | -63.1 | -1.3 | 15.2 |
| Share repurchases | -5.0 | -26.2 | -626 | -5.0 | -200 | -822 | -135 | -76.6 | -183 | -88.2 | -9.6 | -8.2 |
| Effect of exchange rates | -1.0 | -2.6 | 0.0 | -1.6 | 2.6 | 0.7 | -3.7 | 1.6 | -1.1 | -1.6 | 1.6 | -1.4 |
| Net change in cash | -499 | 826 | -363 | 101 | 380 | -917 | -413 | 747 | 337 | 154 | 190 | 487 |
| Free cash flow | 1,053 | 1,639 | 1,225 | 1,238 | 1,176 | 613 | 1,019 | 1,168 | 986 | 504 | 520 | 688 |
| Levered free cash flow | 617 | 1,460 | 887 | 928 | 1,088 | 485 | 768 | 988 | 816 | 273 | 349 | 570 |