For the quarter ending 2026-03-31, ANET had $825,600K increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 1,022,900 | 955,800 | 853,000 | 888,800 |
| Depreciation and amortization | 23,300 | 22,800 | 23,200 | 12,800 |
| Stock-based compensation | 120,900 | 133,100 | 127,900 | 85,200 |
| Deferred income taxes | -104,900 | -109,500 | 135,400 | -230,800 |
| Other | -3,400 | -3,600 | -2,500 | -8,900 |
| Accounts receivable, net | 36,900 | 397,500 | -134,200 | 187,700 |
| Inventories | 133,000 | 91,400 | 96,600 | 101,800 |
| Other assets | 298,700 | 253,700 | 280,500 | 289,500 |
| Accounts payable | -35,600 | 162,400 | -61,900 | 153,300 |
| Deferred revenue | 826,200 | 686,300 | 624,300 | 844,000 |
| Income taxes, net | 352,900 | 57,400 | -257,600 | -88,900 |
| Other liabilities | -40,200 | 99,800 | 69,300 | 123,600 |
| Net cash provided by operating activities | 1,693,500 | 1,261,900 | 1,268,200 | 1,200,100 |
| Proceeds from maturities of marketable securities | 739,900 | 842,200 | 939,100 | 852,000 |
| Proceeds from sale of marketable securities | 376,900 | 102,900 | 25,500 | 7,100 |
| Purchases of marketable securities | 1,932,600 | 1,932,100 | 2,110,600 | 1,160,200 |
| Purchases of property and equipment | -102,245 | - | 104,665 | 52,080 |
| Purchases of property, equipment and intangible assets | - | 119,500 | - | - |
| Cash paid for business combination, net of cash acquired | - | 0 | 0 | 300,000 |
| Other | -5,000 | -24,900 | 10,000 | 0 |
| Net cash used in investing activities | -865,300 | -999,100 | -1,186,100 | -625,100 |
| Proceeds from issuance of common stock under equity plans | 29,900 | 800 | 25,600 | 3,200 |
| Tax withholding paid on behalf of employees for net share settlement | 26,200 | 6,200 | 5,000 | 4,500 |
| Repurchases of common stock | 0 | 620,100 | 0 | 195,900 |
| Other | -3,700 | - | - | - |
| Net cash used in financing activities | 0 | -625,500 | 20,600 | -197,200 |
| Effect of exchange rate changes | -2,600 | 0 | -1,600 | 2,600 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 825,600 | -362,700 | 101,100 | 380,400 |
| Cash, cash equivalents and restricted cash beginning of period | 1,965,300 | 2,328,000 | 2,226,900 | 1,846,500 |
| Cash, cash equivalents and restricted cash end of period | 2,790,900 | 1,965,300 | 2,328,000 | 2,226,900 |
Arista Networks, Inc. (ANET)
Arista Networks, Inc. (ANET)