Investing
CapEx
Arista Networks CapEx increased by 47.3% to $54.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 91.9%, from $28.40M to $54.50M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 16.6% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
capital_expendituresHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.47M | $45.89M | $9.28M | $14.88M | $8.87M | $10.44M | $10.46M | $5.63M | $11.58M | $11.21M | $6.01M | $9.40M | $3.16M | $7.03M | $12.45M | $28.40M | $24.00M | $30.10M | $37.00M | $54.50M |
| QoQ Change | — | +926.3% | -79.8% | +60.3% | -40.4% | +17.7% | +0.2% | -46.2% | +105.7% | -3.2% | -46.4% | +56.3% | -66.4% | +122.3% | +77.3% | +128.1% | -15.5% | +25.4% | +22.9% | +47.3% |
| YoY Change | — | — | — | — | +98.3% | -77.2% | +12.7% | -62.1% | +30.6% | +7.4% | -42.5% | +66.8% | -72.7% | -37.3% | +107.2% | +202.3% | +659.5% | +328.5% | +197.1% | +91.9% |
Range$3.16M – $54.50M
CAGR+69.3%
Avg YoY Growth+94.4%
Median YoY Growth+48.7%
Current Streak3 quarters growth
CapEx at Other Companies
Frequently Asked Questions
- What is Arista Networks's capex?
- Arista Networks (ANET) reported capex of $54.50M in Q1 2026.
- How has Arista Networks's capex changed year-over-year?
- Arista Networks's capex increased by 91.9% year-over-year, from $28.40M to $54.50M.
- What is the long-term trend for Arista Networks's capex?
- Over 4 years (2021 to 2025), Arista Networks's capex has grown at a 16.6% compound annual growth rate (CAGR), from $64.74M to $119.50M.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.