Arista Networks Inc.
Cash Flow History
| Fiscal Year | Operating Cash Flow | Free Cash Flow | CapEx | Share-Based Compensation |
|---|---|---|---|---|
| FY2014 | $131.9M | $118.7M | $13.1M | $27.6M |
| FY2015 | $237.8M | $217.8M | $20.0M | $45.3M |
| FY2016 | $174.3M | $152.9M | $21.4M | $59.0M |
| FY2017 | $631.6M | $616.3M | $15.3M | $75.4M |
| FY2018 | $503.1M | $479.3M | $23.8M | $91.2M |
| FY2019 | $963.0M | $947.3M | $15.8M | $101.3M |
| FY2020 | $735.1M | $719.7M | $15.4M | $137.0M |
| FY2021 | $1.02B | $951.1M | $64.7M | $186.9M |
| FY2022 | $492.8M | $448.2M | $44.6M | $230.9M |
| FY2023 | $2.03B | $2.00B | $34.4M | $296.8M |
| FY2024 | $3.71B | $3.68B | $32.0M | $355.4M |
| FY2025 | $4.37B | $4.25B | $119.5M | $439.2M |
A great business at a fair price is superior to a fair business at a great price.