Cash & Equivalents
Arista Networks Cash & Equivalents decreased by 0.7% to $1.03B in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 29.2%, from $1.46B to $1.03B. Over 4 years (FY 2020 to FY 2024), Cash & Equivalents shows an upward trend with a 32.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase signals improved liquidity and financial flexibility, while a decrease may indicate heavy capital expenditure, debt repayment, or aggressive share buybacks.
Detailed definition
Represents the most liquid assets on the balance sheet, including physical currency and short-term investments with matu...
Peer comparison
Large-cap technology peers often maintain high cash balances to fund rapid innovation and offset the cyclical nature of consumer electronics.
cash_and_equivalentsHistorical Data
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $897.92M | $635.22M | $620.81M | $639.28M | $278.40M | $437.91M | $671.71M | $363.57M | $689.66M | $709.53M | $1.94B | $1.36B | $1.72B | $1.46B | $2.76B | $1.13B | $1.04B | $1.03B |
| QoQ Change | — | -29.3% | -2.3% | +3.0% | -56.5% | +57.3% | +53.4% | -45.9% | +89.7% | +2.9% | +173.2% | -30.0% | +27.0% | -15.5% | +89.8% | -59.0% | -8.4% | -0.7% |
| YoY Change | — | — | — | — | -69.0% | -31.1% | +8.2% | -43.1% | +147.7% | +62.0% | +188.6% | +273.2% | +149.8% | +105.1% | +42.5% | -16.4% | -39.7% | -29.2% |
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is Arista Networks's cash & equivalents?
- Arista Networks (ANET) reported cash & equivalents of $1.03B in Q3 2025.
- How has Arista Networks's cash & equivalents changed year-over-year?
- Arista Networks's cash & equivalents decreased by 29.2% year-over-year, from $1.46B to $1.03B.
- What is the long-term trend for Arista Networks's cash & equivalents?
- Over 4 years (2020 to 2024), Arista Networks's cash & equivalents has grown at a 32.6% compound annual growth rate (CAGR), from $893.22M to $2.76B.
- What does cash & equivalents mean?
- Money in the bank and very short-term investments that can be turned into cash almost instantly.