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Arista Networks

ANET · Updated 10/24/2026

Revenue

$9.0B

Fiscal 2025

Net income

$3.5B

Fiscal 2025

Free cash flow

—

Fiscal 2025

Net cash / (debt)

—

Fiscal 2025

Five-year financials

Fiscal year20252024202320222021
Revenue$9.0B$7.0B$5.9B$4.4B$2.9B
Net income$3.5B$2.9B$2.1B$1.4B$840.9M
Diluted EPS—————
Operating cash flow$4.4B$3.7B$2.0B$492.8M$1.0B
Free cash flow—————
Cash$2.0B$2.8B$1.9B$671.7M$620.8M
Total debt—————

Where the cash went

Cumulative, fiscal 2021–2025, straight from the reported cash-flow statements.

Reinvested in capex

—

of operating cash flow

Returned to owners

—

of free cash flow (buybacks + dividends)

Diluted share count

—

change 2021–2025

Operating cash flow$11.6B
Capital expenditure—
Free cash flow—
Share buybacks—
Dividends paid—
Acquisitions (net)—
Net debt issued / (repaid)—
Stock-based compensation (non-cash)—

"—" means a year didn't report that line, so no total is shown rather than an estimate.

SEC filings

  • 10-K · period 2025-12-312026-02-17EDGAR

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