Arista Networks Inc
NYSE:ANET
Cash Flow Statement
Cash Flow Statement
Arista Networks Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
43
|
48
|
60
|
70
|
87
|
99
|
102
|
108
|
121
|
132
|
147
|
169
|
184
|
232
|
296
|
378
|
423
|
485
|
227
|
262
|
328
|
385
|
729
|
770
|
860
|
797
|
753
|
712
|
635
|
677
|
729
|
785
|
841
|
933
|
1 035
|
1 165
|
1 352
|
1 517
|
1 709
|
1 901
|
2 087
|
|
Depreciation & Amortization |
5
|
7
|
8
|
10
|
10
|
11
|
12
|
12
|
14
|
16
|
17
|
19
|
20
|
20
|
20
|
20
|
21
|
21
|
22
|
24
|
28
|
30
|
33
|
34
|
33
|
35
|
37
|
40
|
45
|
47
|
49
|
51
|
50
|
51
|
53
|
58
|
63
|
71
|
74
|
74
|
71
|
|
Change in Deffered Taxes |
(9)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(10)
|
(22)
|
(24)
|
(28)
|
(29)
|
(23)
|
(22)
|
(18)
|
(23)
|
(31)
|
8
|
2
|
(1)
|
(19)
|
(58)
|
(55)
|
(32)
|
3
|
(76)
|
(75)
|
(81)
|
(83)
|
(9)
|
(8)
|
(15)
|
(13)
|
(99)
|
(183)
|
(202)
|
(247)
|
(244)
|
(234)
|
(269)
|
(314)
|
(371)
|
|
Stock-Based Compensation |
10
|
15
|
22
|
30
|
28
|
32
|
36
|
40
|
45
|
50
|
53
|
56
|
59
|
62
|
66
|
71
|
75
|
80
|
84
|
87
|
91
|
95
|
96
|
99
|
101
|
105
|
113
|
123
|
137
|
147
|
159
|
176
|
187
|
200
|
205
|
217
|
231
|
244
|
260
|
280
|
0
|
|
Other Non-Cash Items |
11
|
13
|
19
|
24
|
12
|
6
|
(2)
|
(6)
|
47
|
62
|
76
|
89
|
61
|
64
|
68
|
73
|
77
|
81
|
93
|
95
|
102
|
102
|
101
|
103
|
105
|
117
|
126
|
136
|
151
|
165
|
182
|
212
|
231
|
217
|
226
|
233
|
235
|
271
|
245
|
253
|
263
|
|
Cash Taxes Paid |
17
|
23
|
29
|
31
|
45
|
37
|
30
|
21
|
7
|
0
|
0
|
0
|
40
|
0
|
0
|
0
|
44
|
0
|
0
|
0
|
18
|
0
|
0
|
0
|
33
|
0
|
0
|
0
|
83
|
0
|
0
|
0
|
190
|
0
|
0
|
0
|
428
|
0
|
0
|
0
|
686
|
|
Cash Interest Paid |
0
|
0
|
5
|
6
|
6
|
7
|
3
|
3
|
3
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Change in Working Capital |
(15)
|
(11)
|
9
|
(4)
|
30
|
27
|
40
|
24
|
81
|
113
|
95
|
8
|
(68)
|
(38)
|
(86)
|
73
|
103
|
75
|
375
|
30
|
104
|
16
|
(288)
|
22
|
41
|
114
|
95
|
71
|
(86)
|
(86)
|
(25)
|
(57)
|
(7)
|
(40)
|
(295)
|
(531)
|
(913)
|
(974)
|
(777)
|
(366)
|
(16)
|
|
Cash from Operating Activities |
35
N/A
|
51
+46%
|
90
+77%
|
93
+3%
|
132
+42%
|
135
+2%
|
141
+5%
|
117
-17%
|
238
+103%
|
294
+24%
|
306
+4%
|
263
-14%
|
174
-34%
|
260
+49%
|
274
+5%
|
514
+87%
|
632
+23%
|
664
+5%
|
716
+8%
|
391
-45%
|
503
+29%
|
478
-5%
|
544
+14%
|
932
+71%
|
963
+3%
|
988
+3%
|
930
-6%
|
875
-6%
|
735
-16%
|
795
+8%
|
920
+16%
|
978
+6%
|
1 016
+4%
|
978
-4%
|
816
-17%
|
678
-17%
|
493
-27%
|
650
+32%
|
983
+51%
|
1 548
+57%
|
2 034
+31%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(20)
|
(22)
|
(17)
|
(16)
|
(13)
|
(15)
|
(13)
|
(16)
|
(20)
|
(24)
|
(24)
|
(23)
|
(21)
|
(17)
|
(18)
|
(17)
|
(15)
|
(17)
|
(19)
|
(21)
|
(24)
|
(23)
|
(19)
|
(20)
|
(16)
|
(14)
|
(12)
|
(10)
|
(15)
|
(17)
|
(20)
|
(63)
|
(65)
|
(75)
|
(79)
|
(43)
|
(45)
|
(35)
|
(38)
|
(39)
|
(34)
|
|
Other Items |
1
|
1
|
5
|
(15)
|
(236)
|
(237)
|
(241)
|
(167)
|
204
|
153
|
(91)
|
(152)
|
(304)
|
(250)
|
(11)
|
(188)
|
(376)
|
(557)
|
(858)
|
(755)
|
(731)
|
(584)
|
(244)
|
(172)
|
(268)
|
(565)
|
(699)
|
(584)
|
(593)
|
(480)
|
(592)
|
(1 077)
|
(861)
|
(706)
|
(238)
|
278
|
261
|
303
|
(43)
|
(394)
|
(653)
|
|
Cash from Investing Activities |
(20)
N/A
|
(21)
-7%
|
(12)
+44%
|
(30)
-156%
|
(249)
-726%
|
(252)
-1%
|
(254)
-1%
|
(184)
+28%
|
184
N/A
|
130
-30%
|
(115)
N/A
|
(175)
-53%
|
(326)
-86%
|
(267)
+18%
|
(29)
+89%
|
(205)
-601%
|
(391)
-91%
|
(574)
-47%
|
(877)
-53%
|
(776)
+12%
|
(755)
+3%
|
(606)
+20%
|
(264)
+57%
|
(192)
+27%
|
(284)
-48%
|
(578)
-104%
|
(711)
-23%
|
(595)
+16%
|
(609)
-2%
|
(497)
+18%
|
(612)
-23%
|
(1 140)
-86%
|
(926)
+19%
|
(780)
+16%
|
(317)
+59%
|
235
N/A
|
216
-8%
|
267
+24%
|
(81)
N/A
|
(433)
-432%
|
(687)
-59%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
9
|
8
|
6
|
6
|
8
|
16
|
23
|
29
|
27
|
24
|
22
|
29
|
35
|
48
|
52
|
51
|
57
|
55
|
58
|
65
|
54
|
63
|
(37)
|
(158)
|
(209)
|
(446)
|
(353)
|
(399)
|
(338)
|
(210)
|
(206)
|
(165)
|
(344)
|
(378)
|
(867)
|
(789)
|
(622)
|
(564)
|
(107)
|
(56)
|
(50)
|
|
Net Issuance of Debt |
0
|
(0)
|
(20)
|
(21)
|
(21)
|
(21)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other |
1
|
0
|
243
|
241
|
257
|
268
|
37
|
48
|
(0)
|
(11)
|
(24)
|
(33)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(9)
|
(10)
|
(11)
|
(13)
|
(17)
|
(27)
|
(29)
|
(31)
|
(33)
|
(29)
|
(30)
|
(31)
|
(34)
|
|
Cash from Financing Activities |
10
N/A
|
8
-17%
|
229
+2 687%
|
226
-1%
|
244
+8%
|
263
+8%
|
59
-78%
|
77
+30%
|
26
-66%
|
12
-53%
|
(3)
N/A
|
(5)
-71%
|
33
N/A
|
45
+37%
|
49
+9%
|
47
-4%
|
52
+10%
|
48
-6%
|
49
+1%
|
55
+12%
|
43
-21%
|
52
+21%
|
(47)
N/A
|
(168)
-256%
|
(218)
-30%
|
(455)
-109%
|
(361)
+21%
|
(407)
-13%
|
(346)
+15%
|
(220)
+37%
|
(217)
+1%
|
(178)
+18%
|
(361)
-103%
|
(405)
-12%
|
(896)
-121%
|
(821)
+8%
|
(655)
+20%
|
(593)
+9%
|
(137)
+77%
|
(87)
+36%
|
(84)
+4%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
0
|
0
|
1
|
1
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(3)
|
(1)
|
1
|
2
|
4
|
3
|
1
|
(2)
|
(2)
|
(4)
|
(6)
|
(4)
|
(3)
|
(0)
|
2
|
1
|
|
Net Change in Cash |
25
N/A
|
38
+52%
|
307
+709%
|
289
-6%
|
126
-56%
|
146
+15%
|
(54)
N/A
|
10
N/A
|
447
+4 419%
|
435
-3%
|
188
-57%
|
82
-56%
|
(119)
N/A
|
37
N/A
|
294
+686%
|
355
+21%
|
293
-18%
|
140
-52%
|
(112)
N/A
|
(331)
-195%
|
(211)
+36%
|
(78)
+63%
|
232
N/A
|
571
+146%
|
461
-19%
|
(48)
N/A
|
(144)
-199%
|
(125)
+13%
|
(218)
-74%
|
82
N/A
|
94
+14%
|
(339)
N/A
|
(272)
+20%
|
(208)
+23%
|
(400)
-92%
|
85
N/A
|
51
-40%
|
321
+531%
|
765
+138%
|
1 029
+35%
|
1 263
+23%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
14
N/A
|
29
+102%
|
73
+153%
|
77
+5%
|
119
+54%
|
120
+1%
|
128
+7%
|
101
-21%
|
218
+116%
|
271
+24%
|
283
+4%
|
240
-15%
|
153
-36%
|
243
+59%
|
256
+6%
|
497
+94%
|
616
+24%
|
647
+5%
|
697
+8%
|
370
-47%
|
479
+29%
|
455
-5%
|
524
+15%
|
912
+74%
|
947
+4%
|
974
+3%
|
917
-6%
|
865
-6%
|
720
-17%
|
778
+8%
|
900
+16%
|
914
+2%
|
951
+4%
|
904
-5%
|
737
-18%
|
634
-14%
|
448
-29%
|
615
+37%
|
945
+54%
|
1 509
+60%
|
2 000
+32%
|