Arista Networks, Inc. ANET NYSE

Arista Networks, Inc. (ANET) generated $1.26B in operating cash flow for quarter ending 2025-12-31. After capital expenditures of $37M, free cash flow was $1.22B.

Free cash flow margin was 49.2% of revenue. Cash conversion ratio was 1.32x, indicating earnings are backed by cash.

The company returned $620.1M in share buybacks to shareholders during the quarter.

Criteria supported by this page:

• HEALTH (100/100, Pass) — demonstrate the company can comfortably service its debt
• MOAT (86/100, Pass) — $1.22B (49.2% margin) supports a durable competitive advantage
• INCOME (100/100) — Cash conversion ratio was 1.32x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 86/100 with 6/7 criteria passed.