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ANET Cash Flow

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In Q1'26, Arista Networks (ANET) reported operating cash flow of $1.69B USD and free cash flow of $1.64B USD, marking a significant increase from the prior quarter's $1.26B USD for both metrics and representing the highest quarterly figures in the observed period. Over the timeframe from Q2'23 to Q1'26, both operating and free cash flow exhibited strong overall growth, rising from approximately $434M USD and $423M USD respectively in Q2'23 to the current peaks, with a notable dip to $642M USD operating and $613M USD free cash flow in Q1'25 before rebounding sharply. The trends show consistent upward momentum, particularly accelerating in Q2'24 through Q3'25 with values exceeding $1B USD, underscoring robust operational efficiency and capital management despite minor quarterly fluctuations. This bar chart highlights ANET's improving cash generation, with free cash flow closely tracking operating cash flow, indicating low variability in capital expenditures.