Arista Networks, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $423.2M | $184.2M | $121.1M | $86.9M | $42.5M | $21.3M |
| Depreciation & Amortization | $20.6M | $19.7M | $13.7M | $10.0M | $5.0M | $1.8M |
| Depreciation | $20.2M | $19.4M | $13.4M | $10.0M | $5.0M | $1.8M |
| Amortization | — | — | — | — | — | — |
| Stock-Based Compensation | $75.4M | $59.0M | $45.3M | $27.6M | $10.2M | $4.7M |
| Net Cash from Operating Activities | $631.6M | $174.3M | $237.8M | $131.9M | $34.6M | $26.3M |
| Investing Activities | ||||||
| Capital Expenditures | $15.3M | $21.4M | $20.0M | $13.1M | $20.3M | $3.3M |
| Business Acquisitions | $0 | $0 | — | — | — | — |
| Net Cash from Investing Activities | $-391.3M | $-325.8M | $184.2M | $-249.4M | $-19.5M | $-12.4M |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | $0 | — | — | — | — | — |
| Net Cash from Financing Activities | $51.5M | $32.7M | $25.9M | $244.0M | $9.9M | $4.0M |
| Net Change in Cash | $291.3M | $-119.4M | $447.3M | $126.4M | $25.0M | $17.9M |
| Free Cash Flow | $616.3M | $152.9M | $217.8M | $118.7M | $14.3M | $23.0M |