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ANET Cash Flow

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As of Q4'25, Arista Networks (ANET) reported Operating Cash Flow of USD 1.26B and Free Cash Flow of USD 1.22B, marking the highest levels in the observed period. Both metrics have shown substantial growth compared to the previous quarter, with Operating Cash Flow increasing from USD 1.20B and Free Cash Flow from USD 1.18B in Q3'25. From Q1'23 to Q4'25, both Operating and Free Cash Flow have demonstrated a strong upward trend, particularly accelerating from mid-2024 onwards. After a period of moderate growth and some quarterly fluctuations in 2023 and early 2024, cash flows surged sharply beginning in Q2'24, nearly doubling within a year. This sustained growth highlights robust operational performance and improved cash generation efficiency for ANET over the last two years.