ANET Stock Cash Flow Statements

Arista Networks Quarterly Cash Flow Statements Chart

Quarterly

Annual

Stock-Based Compensation

Operating Cash Flow

Investing Cash Flow

Financing Cash Flow

Free Cash Flow

Capital Expenditure

Arista Networks Quarterly Cash Flow Statements Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30

cash flows from operating activities:
net income	888,800,000	813,800,000	800,996,000	747,938,000	665,428,000	637,692,000	613,636,000	545,327,000	491,885,000	436,473,000	427,089,000	353,999,000	299,099,000	272,259,000	239,295,000	224,305,000	196,888,000	180,366,000	182,958,000	168,375,000	144,793,000	138,431,000	260,692,000	208,895,000	189,251,000	201,029,000	170,322,000	168,524,000	-155,269,000	144,538,000	103,833,000	133,722,000	102,685,000	82,961,000	58,783,000	51,257,000	38,904,000	35,245,000	43,924,000	28,690,000	23,996,000	24,492,000	31,037,000	21,866,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization	12,800,000	13,800,000	15,388,000																												5,285,000	5,322,000	5,094,000	4,939,000	4,942,000	5,145,000	4,883,000	4,779,000	3,947,000	3,478,000	3,353,000	2,893,000	2,655,000	2,653,000
stock-based compensation	85,200,000	93,000,000	100,734,000	98,123,000	79,292,000	77,215,000	81,358,000	85,390,000	67,127,000	62,881,000	64,954,000	65,477,000	50,224,000	50,279,000	51,243,000	53,135,000	44,944,000	37,553,000	40,095,000	36,469,000	32,922,000	27,556,000	26,435,000	26,257,000	24,297,000	24,291,000	24,619,000	23,254,000	22,478,000	20,851,000	20,436,000	20,152,000	18,400,000	16,439,000	16,324,000	15,116,000	14,232,000	13,360,000	12,978,000	12,278,000	11,208,000	8,839,000	8,050,000	8,082,000
deferred income taxes	-230,800,000	-107,100,000	-116,148,000	-148,266,000	-150,638,000	-77,822,000	-153,307,000	-87,202,000	-59,134,000	-71,153,000	-96,027,000	-42,418,000	-24,115,000	-81,822,000	-98,717,000	2,425,000	-4,423,000	1,425,000	-12,405,000	593,000	2,211,000	457,000	-86,686,000	3,031,000	8,632,000	-718,000	-8,281,000	-31,334,000	-14,740,000	-3,541,000	31,169,000	-14,228,000	-11,036,000	2,521,000	-8,000,000	-6,844,000	-5,279,000	-1,597,000	-8,926,000	-13,217,000	-3,936,000	1,670,000	-5,992,000	-1,485,000
other	-8,900,000	-12,100,000	5,018,000																																							487,000
changes in operating assets and liabilities:
accounts receivable	-187,700,000	-295,400,000	-9,581,000	105,727,000	-136,754,000	-65,472,000	-191,195,000	-53,648,000	83,149,000	60,221,000	-271,584,000	-65,612,000	67,526,000	-131,861,000	-120,919,000	-31,376,000	16,252,000	9,074,000	-87,598,000	83,008,000	-31,066,000	46,329,000	55,265,000	-104,172,000	-71,834,000	60,531,000	-9,724,000	-54,621,000	-53,578,000	40,007,000	-34,735,000	57,013,000	-60,562,000	44,057,000	-42,876,000	-63,584,000	-11,540,000	9,144,000	16,617,000	-38,057,000	-9,565,000	-16,276,000	-13,187,000	-16,335,000
inventories	-101,800,000	-122,700,000	-64,610,000	83,814,000	171,428,000	-80,024,000	-51,642,000	-29,204,000	-181,631,000	-392,997,000	-189,156,000	-247,740,000	-158,521,000	-43,531,000	-74,452,000	-32,466,000	-60,031,000	-3,500,000	-41,322,000	-111,105,000	-65,200,000	-17,691,000	-4,024,000	74,571,000	32,976,000	-82,596,000	-47,230,000	37,525,000	22,692,000	38,067,000	26,959,000	30,646,000	-77,017,000	-50,296,000	-74,363,000	-43,997,000	-34,100,000	8,099,000	17,792,000	-9,618,000	-11,591,000	-10,706,000	-17,932,000	2,216,000
other assets	-289,500,000	-113,700,000	-61,123,000	-80,542,000	-130,659,000	38,082,000	52,221,000	2,242,000	-147,225,000	26,361,000	-14,400,000	-12,356,000	-4,903,000	-640,000	-1,305,000	475,000	109,000	-3,499,000	-2,885,000	2,490,000	1,414,000	3,946,000	-1,103,000	-2,374,000	-5,849,000	1,214,000	-2,622,000	-1,396,000	2,656,000	-2,027,000	2,467,000	-1,090,000	-539,000	69,000	-342,000	1,342,000	1,333,000	533,000	5,000	165,000	245,000	-3,502,000	-2,119,000
accounts payable	153,300,000	6,700,000	90,370,000	-5,769,000	70,998,000	-207,234,000	164,872,000	-81,165,000	20,341,000	94,564,000	-42,044,000	2,311,000	68,691,000	2,478,000	67,756,000	-11,954,000	8,046,000	2,833,000	-30,642,000	40,330,000	37,859,000	-6,386,000	12,424,000	-7,578,000	-4,392,000	-2,391,000	8,822,000	26,918,000	-16,443,000	20,040,000	15,971,000	-47,374,000	19,947,000	-18,648,000	3,168,000	17,009,000	34,624,000	-16,123,000	9,182,000	-11,967,000	13,758,000	-1,936,000	8,407,000	811,000
deferred revenue	844,000,000	297,400,000	284,084,000	388,545,000	455,544,000	157,038,000	311,453,000	109,847,000	-7,370,000	51,028,000	100,202,000	-92,446,000	-95,993,000	187,194,000	128,872,000	54,350,000	26,059,000	69,204,000	84,801,000	-15,207,000	-19,263,000	21,000	46,277,000	26,793,000	-34,253,000	-50,756,000	57,372,000	63,257,000	-7,410,000	-42,686,000	-49,883,000	10,635,000	57,339,000	124,236,000	88,099,000	54,511,000	11,104,000	22,412,000	6,102,000	26,263,000	31,619,000	26,356,000	28,777,000	16,008,000
income taxes	-88,900,000	241,300,000	-126,266,000	-14,304,000	-83,470,000	157,537,000	-326,002,000	148,070,000	89,900,000	108,200,000
other liabilities	123,600,000	-173,300,000	43,395,000	5,291,000	-6,434,000	5,571,000	134,662,000	708,000	-7,315,000	-4,361,000	5,177,000	-1,280,000	2,925,000	-2,704,000	10,483,000	-270,000	-889,000	-14,661,000	18,553,000	-2,097,000	4,068,000	-3,422,000	7,326,000	-3,360,000	3,295,000	660,000	7,481,000	11,211,000	-6,802,000	5,565,000	628,000	-2,746,000	6,068,000	-2,475,000	6,266,000	849,000	1,315,000	464,000	-809,000	2,094,000	308,000	-422,000	940,000	-1,451,000
net cash from operating activities	1,200,100,000	641,700,000	1,030,963,000	1,174,456,000	989,011,000	513,805,000	526,464,000	698,977,000	434,090,000	374,483,000	40,473,000	134,105,000	101,097,000	217,138,000	225,236,000	272,579,000	263,366,000	254,675,000	186,924,000	215,127,000	138,216,000	194,847,000	327,161,000	269,397,000	196,379,000	170,097,000	295,819,000	-118,825,000	130,584,000	195,541,000	183,664,000	205,868,000	79,233,000	162,862,000	52,755,000	-47,344,000	54,913,000	71,116,000	116,511,000	10,649,000	52,606,000	20,767,000	15,812,000	34,758,000
capex	-24,000,000	-28,400,000	0	-7,025,000	-3,160,000	-9,395,000	0	-11,212,000	-11,581,000	-5,631,000	0	-10,440,000	-8,868,000	-14,876,000	0	-45,888,000	-4,471,000	-5,096,000	0	-2,523,000	-2,071,000	-3,107,000	-2,432,000	-4,680,000	-3,402,000	-5,237,000	-6,217,000	-4,542,000	-6,735,000	-6,336,000	-3,120,000	-2,625,000	-4,889,000	-4,645,000	-5,632,000	-3,745,000	-4,080,000	-7,962,000	-6,015,000	-5,206,000	-3,632,000	-5,136,000	-2,345,000	-2,210,000
free cash flows	1,176,100,000	613,300,000	1,030,963,000	1,167,431,000	985,851,000	504,410,000	526,464,000	687,765,000	422,509,000	368,852,000	40,473,000	123,665,000	92,229,000	202,262,000	225,236,000	226,691,000	258,895,000	249,579,000	186,924,000	212,604,000	136,145,000	191,740,000	324,729,000	264,717,000	192,977,000	164,860,000	289,602,000	-123,367,000	123,849,000	189,205,000	180,544,000	203,243,000	74,344,000	158,217,000	47,123,000	-51,089,000	50,833,000	63,154,000	110,496,000	5,443,000	48,974,000	15,631,000	13,467,000	32,548,000
cash flows from investing activities:
proceeds from maturities of marketable securities	852,000,000	799,200,000	631,240,000	474,776,000	362,136,000	590,436,000	322,989,000	299,645,000	441,284,000	824,021,000	366,003,000	448,107,000	425,538,000	404,176,000	296,742,000	338,916,000	440,202,000	379,605,000	362,088,000	308,388,000	460,710,000	414,503,000	402,198,000	254,007,000	250,248,000	302,264,000	180,798,000	144,235,000	132,316,000	90,448,000
proceeds from sale of marketable securities	7,100,000	8,800,000			0	36,750,000	17,700,000	27,859,000	0	21,725,000	7,000,000	21,036,000			0				0
purchases of marketable securities	-1,160,200,000	-1,545,500,000	-1,932,709,000	-844,110,000	-836,867,000	-912,441,000	-672,722,000	-542,136,000	-530,408,000	-861,612,000	-445,368,000	-331,510,000	-229,365,000	-412,614,000	-342,411,000	-733,196,000	-651,181,000	-590,476,000	-471,628,000	-979,959,000	-561,828,000	-674,649,000	-663,795,000	-290,715,000	-217,136,000	-332,247,000	-347,061,000	-130,533,000	-428,689,000	-267,976,000	-259,959,000	-211,219,000	-52,684,000	-61,511,000	-97,227,000	-49,546,000	-241,300,000	-51,638,000
purchases of property and equipment	-24,000,000	-28,400,000		-7,025,000	-3,160,000	-9,395,000		-11,212,000	-11,581,000	-5,631,000		-10,440,000	-8,868,000	-14,876,000		-45,888,000	-4,471,000	-5,096,000		-2,523,000	-2,071,000	-3,107,000	-2,432,000	-4,680,000	-3,402,000	-5,237,000	-6,217,000	-4,542,000	-6,735,000	-6,336,000	-3,120,000	-2,625,000	-4,889,000	-4,645,000	-5,632,000	-3,745,000	-4,080,000	-7,962,000	-6,015,000	-5,206,000	-3,632,000	-5,136,000	-2,345,000	-2,210,000
cash paid for business combinations, net of cash acquired								0
net cash from investing activities	-625,100,000	-765,900,000	-1,309,941,000	-373,872,000	-477,891,000	-295,650,000	-336,957,000	-225,844,000	-102,906,000	-21,747,000	-82,825,000	126,193,000	245,574,000	-72,615,000	-64,199,000	-425,281,000	-218,133,000	-217,949,000	-278,326,000	102,283,000	-103,281,000	-329,478,000	-264,029,000	-14,533,000	29,710,000	-35,220,000	-171,661,000	-86,480,000	-313,108,000	-183,864,000	-192,233,000	-187,417,000	-10,010,000	-2,920,000	-6,428,000	-11,374,000	-247,907,000	-60,270,000	144,726,000	48,917,000	-3,670,000	-5,803,000	-223,162,000	-21,661,000
cash flows from financing activities:
proceeds from issuance of common stock under equity plans	3,200,000	28,100,000	4,680,000	20,984,000	9,373,000	25,144,000	8,296,000	23,387,000	7,314,000	23,096,000	5,338,000	20,082,000	3,831,000	19,160,000	11,091,000	29,270,000	8,803,000	18,081,000	14,852,000	20,476,000	5,146,000	17,082,000	5,201,000	14,073,000	11,781,000	26,323,000	4,016,000	20,832,000	11,510,000	17,300,000	15,241,000	13,765,000	8,624,000	19,481,000
tax withholding paid on behalf of employees for net share settlement	-4,500,000	-34,800,000	-10,920,000	-11,453,000	-10,458,000	-25,541,000	-9,624,000	-8,173,000	-6,542,000	-9,224,000			-6,061,000	-12,741,000	-5,860,000	-4,269,000	-3,857,000	-2,496,000	-2,790,000	-1,932,000	-2,260,000	-1,740,000	-2,131,000	-2,407,000	-2,812,000	-1,850,000	-1,964,000	-2,451,000	-2,927,000	-1,536,000
repurchases of common stock	-195,900,000	-787,100,000		-65,157,000	-172,013,000	-62,653,000		0	-30,004,000	-82,275,000
net cash from financing activities	-197,200,000	-793,800,000	-130,036,000	-55,626,000	-173,098,000	-63,050,000	-1,328,000	15,214,000	-29,232,000	-68,403,000	-4,662,000	-34,240,000	-485,890,000	-129,809,000	-170,902,000	-109,156,000	4,946,000	-85,770,000				-212,553,000	-48,455,000	-102,943,000	-91,039,000	24,473,000	1,515,000	17,910,000	8,118,000	15,308,000	13,226,000	12,267,000	7,458,000	18,518,000	21,446,000	28,215,000	13,491,000	12,448,000	7,835,000	16,223,000	18,816,000	20,231,000	38,829,000	-1,556,000
effect of exchange rate changes	2,600,000	700,000	-3,756,000	1,681,000	-1,084,000	-1,608,000	1,609,000	-1,363,000	115,000	314,000	2,479,000	-3,049,000	-2,560,000	-481,000	-303,000	-848,000	173,000	-838,000	2,212,000	1,417,000	1,028,000	-2,691,000	1,347,000	-1,066,000	-123,000	195,000	-406,000	-377,000	-593,000	-14,000	56,000	286,000	227,000	184,000	-331,000	-74,000	-102,000	43,000	-246,000	-247,000	20,000	-40,000	-44,000	-143,000
net increase in cash, cash equivalents and restricted cash	380,400,000	-917,300,000	-412,770,000	746,639,000	336,938,000	153,497,000		486,984,000	302,067,000	284,647,000		223,009,000	-141,779,000	14,233,000						170,093,000	38,849,000	-349,875,000		150,855,000	134,927,000	159,545,000				26,971,000
cash, cash equivalents and restricted cash —beginning of period	0	2,763,800,000	0	0	0	1,939,464,000	0	0	0	675,978,000	0	0	0	625,050,000	0	0	0	897,454,000	0	0	0	1,115,515,000	0	0	0	654,164,000	0	0	0	864,697,000
cash, cash equivalents and restricted cash —end of period	380,400,000	1,846,500,000	-412,770,000	746,639,000	336,938,000	2,092,961,000	189,788,000	486,984,000	302,067,000	960,625,000	-44,535,000	223,009,000	-141,779,000	639,283,000	-10,168,000	-262,706,000	50,352,000	847,572,000	-77,128,000	170,093,000	38,849,000	765,640,000	16,024,000	150,855,000	134,927,000	813,709,000	125,267,000	-187,772,000	-174,999,000	891,668,000
amortization			-15,859,000	-16,766,000	-15,425,000	-12,418,000	-11,129,000	-10,391,000	-7,778,000	-4,220,000									4,351,000	3,092,000	1,896,000	1,042,000					-1,497,000	-1,080,000	-753,000	-30,000
purchases of property, equipment and intangible assets
cash paid for business combination, net of cash acquired
other investing activities			0																								0	0														-667,000	-18,798,000
repurchase of common stock													-483,660,000	-136,228,000	-176,133,000	-134,157,000	0	-101,355,000	0	-167,278,000	0	-227,895,000	-51,525,000	-114,609,000
supplemental disclosures of cash flow information:
cash paid for income taxes, net of refunds																																				15,842,000	17,987,000	597,000	2,785,000
accrued liabilities				2,498,000	49,491,000	-136,554,000		47,063,000	11,763,000	58,655,000	51,896,000	30,900,000	13,456,000	-29,666,000	52,208,000	11,291,000	40,784,000	-20,759,000	32,539,000	10,071,000	-432,000	-39,450,000	10,635,000	15,207,000	9,538,000	-19,014,000	21,131,000	11,236,000	987,000	-48,140,000	39,360,000	10,156,000	9,162,000	-15,143,000	14,716,000	21,109,000	9,672,000	-14,868,000	2,296,000	15,020,000	15,440,000	-12,358,000	11,141,000	7,107,000
proceeds from sales of marketable securities
depreciation, amortization and other					15,498,000	15,614,000	14,397,000	17,006,000	18,322,000	20,905,000	17,531,000	17,157,000	14,921,000	13,091,000	12,470,000	12,629,000	12,577,000	12,658,000	12,615,000	10,805,000	10,962,000	10,208,000	7,901,000	8,191,000	8,395,000	8,362,000	9,231,000	7,112,000	5,631,000	5,697,000
noncash lease expense					4,712,000	4,580,000	4,621,000	4,461,000	4,521,000	4,633,000	4,811,000	4,676,000	4,629,000	4,532,000	4,374,000	4,328,000	4,167,000	4,243,000	4,364,000	4,383,000	4,150,000	4,073,000	4,172,000	4,052,000
gain on strategic investments							0
investments in notes and privately-held companies					0	-1,000,000
supplemental disclosures of non-cash investing and financing information:
right-of-use assets obtained in exchange for lease obligations								2,116,000	1,781,000	15,229,000
property and equipment included in accounts payable and accrued liabilities					3,645,000	746,000		-1,688,000	727,000	4,926,000	-4,293,000	1,184,000	1,761,000	2,759,000	-352,000	2,117,000	203,000	1,529,000	1,109,000	-332,000	264,000	524,000			321,000	1,055,000			-1,349,000	2,426,000	3,343,000	-204,000	-299,000	971,000		-95,000	450,000	958,000
common stock issued for business acquisition							0	0			0	0	0	4,049,000
loss on strategic investments
investment in notes and privately-held companies							1,086,000	0
net increase/(decrease) in cash, cash equivalents and restricted cash																											125,267,000	-187,772,000
right-of-use assets obtained in exchange for new operating lease liabilities											0	1,278,000	0	6,022,000	181,000	3,205,000			1,596,000						96,000	9,034,000
unrealized gain on equity investments									-24,743,000	5,571,000	-3,358,000	-708,000	5,084,000	-28,497,000
prepaid expenses and other current assets										-82,278,000	-16,170,000	89,153,000	-50,150,000	-107,999,000	-63,514,000	-26,944,000	-29,084,000	-15,272,000	-24,808,000	11,839,000	1,064,000	25,751,000	-5,129,000	10,524,000	18,200,000	30,664,000	71,918,000	21,911,000	-86,140,000	13,722,000	9,328,000	1,266,000	6,812,000	-29,051,000	-17,024,000	-95,212,000	-11,716,000	8,878,000	11,525,000	1,395,000	-23,360,000	2,613,000	-23,861,000	-3,134,000
business acquisitions, net of cash acquired												0	-107,477,000	-37,610,000						0	-92,000	-66,225,000	0				-1,181,000
investments and notes receivable in privately-held companies										-250,000	0
business acquisition, net of cash acquired
escrow receipts from past business acquisitions															0	-120,000	1,401,000	18,000
vesting of early exercised stock options and restricted stock awards
amortization of investment premiums												2,710,000	4,424,000	7,033,000		7,072,000	6,675,000	5,446,000													346,000	353,000	423,000	330,000	499,000	609,000			139,000	449,000
income taxes payable												30,282,000	-96,200,000	106,992,000	9,788,000	5,579,000	1,292,000	-10,436,000	10,472,000	-18,487,000	12,838,000	3,982,000	-6,285,000	15,409,000	12,359,000	2,040,000	-10,423,000	3,658,000	3,175,000	3,478,000	12,500,000	2,041,000	2,457,000	2,923,000	15,375,000	9,422,000	11,051,000	6,802,000	7,259,000	2,913,000	12,861,000	8,985,000	3,876,000	129,000
tax withholdings paid on behalf of employees for net share settlement
investments in privately-held companies and intangibles
purchases of investments in privately-held companies														-11,691,000				-2,000,000
(gain) loss on investments in privately-held companies																							0	-4,277,000
(gain) loss on sale of marketable securities
business combinations, net of cash acquired
right-of-use assets recognized upon the adoption of asc 842																									0	93,207,000
gain on sale of marketable securities																			0
sale (purchase) of investments in privately-held companies and intangible assets
net decrease in cash, cash equivalents and restricted cash																		-49,882,000
investment in privately-held companies and intangibles
investments in privately-held companies																											0	0
principal payments of lease financing obligations																											-537,000	-471,000	-465,000	-456,000	-447,000	-397,000	-390,000	-383,000	-376,000	-326,000	-320,000	-314,000	-308,000	-264,000	-259,000	-255,000	-239,000	-219,000
cash paid for interest — lease financing obligation
common stock issued for business combinations
___________________________________________________
gain on investments in privately-held companies
proceeds from investments in privately-held companies
net cash provided used in financing activities																				-148,734,000
see note 4 of the accompanying notes for a reconciliation of the ending balance of cash, cash equivalents and restricted cash as shown in these condensed consolidated statements of cash flows.
see note 4 of the accompanying notes for a reconciliation of the ending balance of cash, cash equivalents and restricted cash as shown in this condensed consolidated statements of cash flows.
net cash from investing activities for the year ended december 31 of 2017 was adjusted as a result of our adoption of asu 2016-18, statement of cash flows (topic 230): restricted cash, in the first quarter of 2018. see note 1 of the accompanying notes for details of the adjustments. see note 4 of the accompanying notes for a reconciliation of the ending balance of cash, cash equivalents and restricted cash as shown in this consolidated statements of cash flows. see note 1 of the accompanying notes.
accretion of investment discounts																								-1,772,000	-2,191,000	-2,069,000
proceeds from (purchases of) investments in privately-held companies
accrued legal settlement
see note 4 of the accompanying notes for a reconciliation of the ending balance of cash, cash equivalents and restricted cash as shown in this condensed consolidated statements of cash flows. see note 1 of the accompanying notes.
gain on investment in privately-held companies																										-1,150,000
loss on investments in privately-held companies
proceeds from repayment of notes receivable																															0
net cash from investing activities for the years ended december 31 of 2017 and 2016, respectively, was adjusted as a result of our adoption of asu 2016-18, statement of cash flows (topic 230): restricted cash, in the first quarter of 2018. see note 1 of the accompanying notes for details of the adjustments. see note 4 of the accompanying notes for a reconciliation of the ending balance of cash, cash equivalents and restricted cash as shown in this consolidated statements of cash flows.
unrealized loss on investments in privately-held companies																												0
supplemental disclosures of non-cash investing information:
net cash from investing activities for the six months ended june 30, 2017 was adjusted as a result of our adoption of accounting standards update 2016-18, statement of cash flows (topic 230): restricted cash, in the first quarter of 2018. see note 1 of the accompanying notes for details of the adjustments. see note 3 of the accompanying notes for a reconciliation of the ending balance of cash, cash equivalents and restricted cash as shown in this condensed consolidated statements of cash flows.
net cash from investing activities for the three months ended march 31, 2017 was adjusted as a result of our adoption of accounting standards update 2016-18, statement of cash flows (topic 230): restricted cash, in the first quarter of 2018. see note 1 of the accompanying notes for details of the adjustments. see note 3 of the accompanying notes for a reconciliation of the ending balance of cash, cash equivalents and restricted cash as shown in this statements of cash flows.
investment in privately-held companies																																				0
change in restricted cash																															-3,000	-3,000	-2,000	-1,252,000					-2,000				0	0
minimum tax withholding paid on behalf of employees for net share settlement																															-1,568,000	-1,101,000	-776,000	-580,000	-289,000	-212,000
proceeds from initial public offering, net of issuance cost																																											-328,000	-2,219,000
net increase/(decrease) in cash and cash equivalents
cash and cash equivalents—beginning of year
cash and cash equivalents—end of year
during our first fiscal quarter of 2017, we adopted accounting standards update 2016-09, "compensation-stock compensation (topic 718): improvements to employee share-based payment accounting." refer to note 1- recently adopted accounting pronouncements for further details. this adoption resulted in an increase in net cash from operating activities and a corresponding decrease in net cash from financing activities of 42.9 million and 37.3 million for the years ended december 31, 2016 and 2015, respectively.
cash flows from operating activities
cash flows from investing activities
proceeds from marketable securities																																23,430,000	47,565,000	64,488,000
cash flows from financing activities
net increase in cash and cash equivalents																																31,004,000	76,908,000	178,644,000		-30,577,000	-179,605,000	23,337,000	268,826,000	75,542,000	67,772,000	35,155,000	-168,565,000	11,398,000
cash and cash equivalents—beginning of period																																0	0	567,923,000		0	0	687,326,000				240,031,000	0	0
cash and cash equivalents—end of period																																31,004,000	76,908,000	746,567,000		-30,577,000	-179,605,000	710,663,000				275,186,000	-168,565,000	11,398,000
supplemental disclosures of non-cash investing activities:
excess tax benefit on stock based-compensation																																						-6,012,000	-4,870,000	-9,406,000	-12,406,000	-10,569,000	-16,595,000	-382,000
realized gain on notes receivable
amortization of debt discount																																											0	0
write-off of debt discount on notes payable																																											0	0
interest payable																																											0	0
proceeds from issuance of common stock upon exercising options, net of repurchases																																			9,299,000	9,239,000	4,455,000	1,862,000	3,273,000	2,571,000	6,669,000	5,322,000	22,801,000	500,000
proceeds from issuance of common stock, employee stock purchase plan
excess tax benefit on stock-based compensation																																			72,898,000	-14,076,000	-21,979,000	6,012,000	4,870,000	9,406,000	12,406,000	10,569,000	16,595,000	382,000
repayment on notes payable																																											0	0
proceeds from maturity of marketable securities
purchases of intangible assets																																				0	-27,000	-670,000		-38,000
proceeds from issuance of common stock under employee stock purchase plan																																				5,438,000	0	4,888,000		4,510,000	0	4,856,000
issuance costs from initial public offering
cash paid for interest—lease financing obligation																																				727,000	732,000	737,000				757,000
interest payable—related party																																											0	0
benefit from bad debts																																								169,000	280,000	201,000	267,000	219,000
unrealized gain on notes receivable																																												0
investment in private companies
payments—deferred offering costs																																								0	0	-261,000
decrease in accounts payable and accrued liabilities related to property and equipment
cash paid for income taxes																																										521,000
deposits and other assets

We provide you with 20 years of cash flow statements for Arista Networks stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as operating cash flows, cash levels, capital expenditures, profits, stock-based compensations and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Arista Networks stock. Explore the full financial landscape of Arista Networks stock with our expertly curated income statements.

The information provided in this report about Arista Networks stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.