Arista Networks, Inc.
ANET · NYSE
9/30/2025 | 6/30/2025 | 3/31/2025 | 12/31/2024 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $853 | $889 | $814 | $801 |
| Dep. & Amort. | $23 | $13 | $14 | $15 |
| Deferred Tax | $135 | -$231 | -$107 | -$116 |
| Stock-Based Comp. | $128 | $85 | $93 | $101 |
| Change in WC | $131 | $453 | -$160 | $241 |
| Other Non-Cash | -$2 | -$9 | -$12 | -$11 |
| Operating Cash Flow | $1,268 | $1,200 | $642 | $1,031 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$30 | -$24 | -$28 | -$12 |
| Net Acquisitions | $0 | -$300 | $0 | $0 |
| Inv. Purchases | -$2,111 | -$1,160 | -$1,546 | -$1,933 |
| Inv. Sales/Matur. | $965 | $859 | $808 | $635 |
| Other Inv. Act. | -$10 | $0 | $0 | $0 |
| Investing Cash Flow | -$1,186 | -$625 | -$766 | -$1,310 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $0 | $0 | $0 | $0 |
| Stock Issued | $26 | $3 | $0 | $0 |
| Stock Repurch. | $0 | -$196 | -$787 | -$124 |
| Dividends Paid | $0 | $0 | $0 | $0 |
| Other Fin. Act. | -$5 | -$5 | -$7 | -$6 |
| Financing Cash Flow | $21 | -$197 | -$794 | -$130 |
| Forex Effect | -$2 | $3 | $1 | -$4 |
| Net Chg. in Cash | $101 | $380 | -$917 | -$413 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $2,227 | $1,847 | $2,764 | $3,177 |
| End Cash | $2,328 | $2,227 | $1,847 | $2,764 |
| Free Cash Flow | $1,238 | $1,176 | $613 | $1,019 |