Investing
CapEx
Arista Networks CapEx increased by 25.4% to $30.10M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 328.5%, from $7.03M to $30.10M. Over 3 years (FY 2021 to FY 2024), CapEx shows a downward trend with a -20.9% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
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:
cf_capital_expendituresHistorical Data
18 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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% |
| 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% |
Range$3.16M – $45.89M
CAGR+56.6%
Avg YoY Growth+87.2%
Median YoY Growth+21.6%
CapEx at Other Companies
Frequently Asked Questions
- What is Arista Networks's capex?
- Arista Networks (ANET) reported capex of $30.10M in Q3 2025.
- How has Arista Networks's capex changed year-over-year?
- Arista Networks's capex increased by 328.5% year-over-year, from $7.03M to $30.10M.
- What is the long-term trend for Arista Networks's capex?
- Over 3 years (2021 to 2024), Arista Networks's capex has grown at a -20.9% compound annual growth rate (CAGR), from $64.74M to $32.03M.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.