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Markets Updated dailyOperating research 176 companies

Definitions

Prices use actual trading dates; operating data retains its reporting period ends. Different units and frequencies are shown in separate panels on a shared timeline. Records missing a date or value remain blank. Source-version dates may follow the initial disclosure and do not establish that the data was known at an earlier time. Relationship analysis requires at least 8 valid quarterly pairs; daily price observations are not counted as operating samples.

4 series · Add share prices and operating metrics from any company to compare.

＋ Add metric or share price 4

Add to comparison chart

Selected series4

Share priceANET Closing priceShare priceAAOI Closing priceANET Customer contract liabilities balanceAAOI Free cash-flow margin

Operating-data date

2026-10-23Last value in range

Time rangeANET · Closing price

2023-10-23 — 2026-10-23

Methodology and controls

Each panel has its own value axis; dates and the cursor are synchronized. Operating data appear only on their observed dates; other dates are left blank. US daily prices are checked against the verified 1997–2027 trading calendar. A missing expected trading day breaks the line; weekends and recorded exchange holidays do not. Drag within the chart to zoom and move the range window below to pan. Quarterly values are not filled across other trading days.

Relationship analysisSelect two series to inspect correlation, regression and residuals.Paired observations: 11

X · Explanatory seriesY · Observed seriesPairing lagPrices are matched to each operating period; quarterly lags apply to two operating series.

One actual closing price per quarterPeriod-end comparison; this does not mean the data had been disclosed then.

Pairing methodology

Each operating quarter is matched to one actual closing price. Quarterly values are not repeated as daily observations.

Use the latest verified trading day on or before the reporting period end. If that session has no price, the value remains missing. A period-end comparison does not imply that the operating data was known to the market at that time.

Prices use the adjustment basis recorded by the source and exclude dividend reinvestment. A source’s statement is not independent verification. Correlation and regression describe only the selected historical sample.

Valid samples11pairs2023Q4 — 2026Q2

Pearson correlation coefficient0.888−1 to +1

Goodness of fit R²0.789In sample · with intercept

Root mean square error14.66USD · Same unit as Y

Hover over or focus a sample to inspect its values.

Scatter and linear fit

Y · USD

X = ANET · Customer contract liabilities balance · USD millionY = 0.016 × X + 47.165

Residuals

Actual Y − fitted Y

Ordered by the calendar quarter of XInspect the error distribution around zero

Period-by-period pairs and exclusions11 records · 0 excluded

ANET · Customer contract liabilities balance ↔ ANET · Closing priceOriginal price source ↗

Calendar quarter / reporting period end	Source version date	Matched price date	Original operating value	Original closing value	X statistical value	Y statistical value	Pair status
2026Q22026-06-30	2026-08-05 Original sources Arista SEC 10-Q · 2026-08-05	2026-06-30	6,865.90USD million	169.88USD	6,865.90USD million	169.88USD	Included in pairing
2026Q12026-03-31	2026-08-05 Original sources Arista SEC 10-Q · 2026-08-05	2026-03-31	6,198.70USD million	122.78USD	6,198.70USD million	122.78USD	Included in pairing
2025Q42025-12-31	2026-08-05 Original sources Arista SEC 10-Q · 2026-08-05	2025-12-31	5,372.40USD million	131.03USD	5,372.40USD million	131.03USD	Included in pairing
2025Q32025-09-30	2025-11-05 Original sources Arista SEC 10-Q · 2025-11-05	2025-09-30	4,686.20USD million	145.71USD	4,686.20USD million	145.71USD	Included in pairing
2025Q22025-06-30	2026-08-05 Original sources Arista SEC 10-Q · 2026-08-05	2025-06-30	4,061.70USD million	102.31USD	4,061.70USD million	102.31USD	Included in pairing
2025Q12025-03-31	2026-08-05 Original sources Arista SEC 10-Q · 2026-08-05	2025-03-31	3,088.80USD million	77.48USD	3,088.80USD million	77.48USD	Included in pairing
2024Q42024-12-31	2026-08-05 Original sources Arista SEC 10-Q · 2026-08-05	2024-12-31	2,791.40USD million	110.53USD	2,791.40USD million	110.53USD	Included in pairing
2024Q32024-09-30	2025-11-05 Original sources Arista SEC 10-Q · 2025-11-05	2024-09-30	2,507.30USD million	95.96USD	2,507.30USD million	95.96USD	Included in pairing
2024Q22024-06-30	2025-11-05 Original sources Arista SEC 10-Q · 2025-11-05	2024-06-28	2,118.80USD million	87.62USD	2,118.80USD million	87.62USD	Included in pairing
2024Q12024-03-31	2025-08-06 Original sources Arista SEC 10-Q · 2025-08-06	2024-03-28	1,663.20USD million	72.50USD	1,663.20USD million	72.50USD	Included in pairing
2023Q42023-12-31	2026-02-17 Original sources Arista SEC 10-K · 2026-02-17	2023-12-29	1,506.20USD million	58.88USD	1,506.20USD million	58.88USD	Included in pairing

Statistics use only the selected X and Y series after the chosen transformation within the current date range. At least 8 valid quarterly pairs are required. Quarters are matched by the calendar quarter containing the actual period end; fiscal quarter boundaries may differ across companies. Hiding a legend series does not change the sample or normalization base. Correlation and lagged regression describe the observed sample; they do not establish causation or predict investment returns.

Price changes after source publicationCross-check company operating data against actual trading sessionsVerified publication dates: 0

The baseline is the close of the first trading session after the verified source publication date, followed by observations 1, 5 and 20 trading sessions later. The source may be a revised document; its date is not verified as the first public release. These observations describe price changes, not announcement reactions, total returns or causal backtests.

ANET · Operating disclosures and share price

Metric / reporting period	Source publication date	Reference trading day / close	After 1 session	After 5 sessions	After 20 sessions	Availability
Customer contract liabilities balance2024-12-31	2026-08-05Insufficient date evidence Original sources Arista SEC 10-Q · 2026-08-05	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2025-03-31	2026-08-05Insufficient date evidence Original sources Arista SEC 10-Q · 2026-08-05	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2025-06-30	2026-08-05Insufficient date evidence Original sources Arista SEC 10-Q · 2026-08-05	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2025-12-31	2026-08-05Insufficient date evidence Original sources Arista SEC 10-Q · 2026-08-05	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2026-03-31	2026-08-05Insufficient date evidence Original sources Arista SEC 10-Q · 2026-08-05	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2026-06-30	2026-08-05Insufficient date evidence Original sources Arista SEC 10-Q · 2026-08-05	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2023-12-31	2026-02-17Insufficient date evidence Original sources Arista SEC 10-K · 2026-02-17	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2024-06-30	2025-11-05Insufficient date evidence Original sources Arista SEC 10-Q · 2025-11-05	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2024-09-30	2025-11-05Insufficient date evidence Original sources Arista SEC 10-Q · 2025-11-05	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2025-09-30	2025-11-05Insufficient date evidence Original sources Arista SEC 10-Q · 2025-11-05	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2024-03-31	2025-08-06Insufficient date evidence Original sources Arista SEC 10-Q · 2025-08-06	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2022-12-31	2025-02-19Insufficient date evidence Original sources Arista SEC 10-K · 2025-02-19	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2023-06-30	2024-11-08Insufficient date evidence Original sources Arista SEC 10-Q · 2024-11-08	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2023-09-30	2024-11-08Insufficient date evidence Original sources Arista SEC 10-Q · 2024-11-08	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2023-03-31	2024-07-31Insufficient date evidence Original sources Arista SEC 10-Q · 2024-07-31	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2021-12-31	2024-02-13Insufficient date evidence Original sources Arista SEC 10-K · 2024-02-13	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2022-06-30	2023-10-31Insufficient date evidence Original sources Arista SEC 10-Q · 2023-10-31	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2022-09-30	2023-10-31Insufficient date evidence Original sources Arista SEC 10-Q · 2023-10-31	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2022-03-31	2023-08-01Insufficient date evidence Original sources Arista SEC 10-Q · 2023-08-01	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2020-12-31	2022-11-01Insufficient date evidence Original sources Arista SEC 10-Q · 2022-11-01	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2021-06-30	2022-11-01Insufficient date evidence Original sources Arista SEC 10-Q · 2022-11-01	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2021-09-30	2022-11-01Insufficient date evidence Original sources Arista SEC 10-Q · 2022-11-01	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2021-03-31	2022-08-02Insufficient date evidence Original sources Arista SEC 10-Q · 2022-08-02	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2019-12-31	2022-02-15Insufficient date evidence Original sources Arista SEC 10-K · 2022-02-15	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2020-06-30	2021-11-02Insufficient date evidence Original sources Arista SEC 10-Q · 2021-11-02	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2020-09-30	2021-11-02Insufficient date evidence Original sources Arista SEC 10-Q · 2021-11-02	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2020-03-31	2021-08-03Insufficient date evidence Original sources Arista SEC 10-Q · 2021-08-03	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2018-12-31	2021-02-19Insufficient date evidence Original sources Arista SEC 10-K · 2021-02-19	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2019-06-30	2020-11-03Insufficient date evidence Original sources Arista SEC 10-Q · 2020-11-03	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2019-09-30	2020-11-03Insufficient date evidence Original sources Arista SEC 10-Q · 2020-11-03	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2019-03-31	2020-08-05Insufficient date evidence Original sources Arista SEC 10-Q · 2020-08-05	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2017-12-31	2020-02-14Insufficient date evidence Original sources Arista SEC 10-K · 2020-02-14	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2018-06-30	2019-11-01Insufficient date evidence Original sources Arista SEC 10-Q · 2019-11-01	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2018-09-30	2019-11-01Insufficient date evidence Original sources Arista SEC 10-Q · 2019-11-01	—	—	—	—	No independent evidence for the source publication date
Customer contract liabilities balance2018-03-31	2019-08-02Insufficient date evidence Original sources Arista SEC 10-Q · 2019-08-02	—	—	—	—	No independent evidence for the source publication date

AAOI · Operating disclosures and share price

Metric / reporting period	Source publication date	Reference trading day / close	After 1 session	After 5 sessions	After 20 sessions	Availability
Free cash-flow margin2025Q2	2026-08-06Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-25-025450 Applied Optoelectronics SEC filing 0001437749-26-015620 Applied Optoelectronics SEC filing 0001437749-26-026278	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2025Q3	2026-08-06Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-25-025450 Applied Optoelectronics SEC filing 0001437749-25-033627 Applied Optoelectronics SEC filing 0001437749-26-026278	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2026Q2	2026-08-06Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-26-015620 Applied Optoelectronics SEC filing 0001437749-26-026278	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2025Q1	2026-05-07Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-26-015620	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2026Q1	2026-05-07Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-26-015620	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2023Q4	2026-02-26Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-24-033913 Applied Optoelectronics SEC filing 0001437749-26-005875	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2024Q4	2026-02-26Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-25-033627 Applied Optoelectronics SEC filing 0001437749-26-005875	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2025Q4	2026-02-26Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-25-033627 Applied Optoelectronics SEC filing 0001437749-26-005875	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2024Q3	2025-11-06Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-25-025450 Applied Optoelectronics SEC filing 0001437749-25-033627	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2024Q2	2025-08-07Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-25-015518 Applied Optoelectronics SEC filing 0001437749-25-025450	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2024Q1	2025-05-08Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-25-015518	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2022Q4	2025-02-28Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-23-031255 Applied Optoelectronics SEC filing 0001437749-25-005575	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2023Q3	2024-11-07Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-24-024888 Applied Optoelectronics SEC filing 0001437749-24-033913	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2023Q2	2024-08-06Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-24-015696 Applied Optoelectronics SEC filing 0001437749-24-024888	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2023Q1	2024-05-09Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-24-015696	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2021Q4	2024-02-23Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-22-025784 Applied Optoelectronics SEC filing 0001437749-24-005367	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2022Q3	2023-11-09Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-23-021971 Applied Optoelectronics SEC filing 0001437749-23-031255	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2022Q2	2023-08-03Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-23-012594 Applied Optoelectronics SEC filing 0001437749-23-021971	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2022Q1	2023-05-04Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-23-012594	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2020Q4	2023-02-27Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-21-004108 Applied Optoelectronics SEC filing 0001437749-21-025322 Applied Optoelectronics SEC filing 0001437749-23-004648	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2021Q3	2022-11-03Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-22-018915 Applied Optoelectronics SEC filing 0001437749-22-025784	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2021Q2	2022-08-04Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-22-011149 Applied Optoelectronics SEC filing 0001437749-22-018915	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2021Q1	2022-05-05Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-22-011149	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2019Q4	2022-02-24Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-20-022811 Applied Optoelectronics SEC filing 0001437749-21-004108 Applied Optoelectronics SEC filing 0001437749-22-004349	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2020Q3	2021-11-04Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-21-018786 Applied Optoelectronics SEC filing 0001437749-21-025322	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2020Q2	2021-08-05Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-21-011175 Applied Optoelectronics SEC filing 0001437749-21-018786	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2020Q1	2021-05-06Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-21-011175	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2018Q4	2021-02-25Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-20-003909 Applied Optoelectronics SEC filing 0001437749-21-004108 Applied Optoelectronics SEC filing 0001558370-19-010362	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2019Q1	2021-02-25Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-20-010051 Applied Optoelectronics SEC filing 0001437749-21-004108	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2019Q2	2021-02-25Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-20-010051 Applied Optoelectronics SEC filing 0001437749-20-016891 Applied Optoelectronics SEC filing 0001437749-21-004108	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2019Q3	2021-02-25Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-20-016891 Applied Optoelectronics SEC filing 0001437749-20-022811 Applied Optoelectronics SEC filing 0001437749-21-004108	—	—	—	—	Insufficient data; not calculated
Free cash-flow margin2017Q4	2020-02-28Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-20-003909 Applied Optoelectronics SEC filing 0001558370-18-009020 Applied Optoelectronics SEC filing 0001558370-19-001078	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2018Q1	2020-02-28Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-20-003909 Applied Optoelectronics SEC filing 0001558370-19-004668	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2018Q2	2020-02-28Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-20-003909 Applied Optoelectronics SEC filing 0001558370-19-004668 Applied Optoelectronics SEC filing 0001558370-19-007685	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2018Q3	2020-02-28Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001437749-20-003909 Applied Optoelectronics SEC filing 0001558370-19-007685 Applied Optoelectronics SEC filing 0001558370-19-010362	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2017Q1	2019-02-26Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001558370-18-004322 Applied Optoelectronics SEC filing 0001558370-19-001078	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2017Q2	2019-02-26Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001558370-18-004322 Applied Optoelectronics SEC filing 0001558370-18-006752 Applied Optoelectronics SEC filing 0001558370-19-001078	—	—	—	—	No independent evidence for the source publication date
Free cash-flow margin2017Q3	2019-02-26Insufficient date evidence Original sources Applied Optoelectronics SEC filing 0001558370-18-006752 Applied Optoelectronics SEC filing 0001558370-18-009020 Applied Optoelectronics SEC filing 0001558370-19-001078	—	—	—	—	No independent evidence for the source publication date

Metric definitions and sourcesDefinitions for each series, with actuals and forecasts distinguished4 series

ANET · Closing price

Actual trading dayUSD3115 daily observationsHistory cache awaiting update

Source-declared split-adjusted close; excludes dividend reinvestment · Through 2026-10-23

Actual trading dates and closing prices are retained. No observations are generated for market holidays or dates not included. Price changes exclude dividend reinvestment and do not represent total returns.

Price sources and company details ↗

AAOI · Closing price

Actual trading dayUSD3289 daily observationsHistory cache awaiting update

Source-declared split-adjusted close; excludes dividend reinvestment · Through 2026-10-23

Price sources and company details ↗

ANET · Customer contract liabilities balance

Reported dataHistorical research workpapersUSD million

Directly reported in the source document

Actual period-end balances, with possible missing quarters. Purchase commitments are neither payments already made nor revenue. The selected SEC concept excludes long-term purchase commitments and unconditional purchase obligations and does not represent all purchasing obligations. Contract liabilities are neither total RPO nor freely available cash.

Data sources and versions · 21 items

Arista SEC 10-K · 2020-02-14 ↗2020-02-14Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-Q · 2019-08-02 ↗2019-08-02Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-Q · 2019-11-01 ↗2019-11-01Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-K · 2021-02-19 ↗2021-02-19Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-Q · 2020-08-05 ↗2020-08-05Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-Q · 2020-11-03 ↗2020-11-03Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-K · 2022-02-15 ↗2022-02-15Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-Q · 2021-08-03 ↗2021-08-03Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-Q · 2021-11-02 ↗2021-11-02Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-Q · 2022-11-01 ↗2022-11-01Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-Q · 2022-08-02 ↗2022-08-02Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-K · 2024-02-13 ↗2024-02-13Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-Q · 2023-08-01 ↗2023-08-01Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-Q · 2023-10-31 ↗2023-10-31Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-K · 2025-02-19 ↗2025-02-19Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-Q · 2024-07-31 ↗2024-07-31Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-Q · 2024-11-08 ↗2024-11-08Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-K · 2026-02-17 ↗2026-02-17Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-Q · 2025-08-06 ↗2025-08-06Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-Q · 2025-11-05 ↗2025-11-05Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.
Arista SEC 10-Q · 2026-08-05 ↗2026-08-05Standard balance facts from SEC Companyfacts; the latest consistent record before the cutoff is selected across versions. Balances are not interpreted as new orders or cash.

AAOI · Free cash-flow margin

Calculated metricHistorical research workpapers%

(CFO − cash purchases of PP&E) ÷ revenue × 100

Free cash flow is consistently defined as operating cash flow minus cash purchases of PP&E, without adding proceeds from asset sales. It is neither a forecast of sustainable earnings nor cash distributable to shareholders. AAOI capital advances and land expenditure are shown separately. The working data have an anomalous capital-expenditure subtraction for 2019Q3; the related FCF is left blank pending verification.

Data sources and versions · 34 items

Applied Optoelectronics SEC filing 0001558370-18-004322 ↗Input filing version 2018-05-08; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001558370-19-001078 ↗Input filing version 2019-02-26; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001558370-18-006752 ↗Input filing version 2018-08-08; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001558370-18-009020 ↗Input filing version 2018-11-08; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-20-003909 ↗Input filing version 2020-02-28; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001558370-19-004668 ↗Input filing version 2019-05-09; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001558370-19-007685 ↗Input filing version 2019-08-08; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001558370-19-010362 ↗Input filing version 2019-11-07; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-21-004108 ↗Input filing version 2021-02-25; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-20-010051 ↗Input filing version 2020-05-08; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-20-016891 ↗Input filing version 2020-08-06; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-20-022811 ↗Input filing version 2020-11-05; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-22-004349 ↗Input filing version 2022-02-24; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-21-011175 ↗Input filing version 2021-05-06; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-21-018786 ↗Input filing version 2021-08-05; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-21-025322 ↗Input filing version 2021-11-04; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-23-004648 ↗Input filing version 2023-02-27; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-22-011149 ↗Input filing version 2022-05-05; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-22-018915 ↗Input filing version 2022-08-04; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-22-025784 ↗Input filing version 2022-11-03; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-24-005367 ↗Input filing version 2024-02-23; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-23-012594 ↗Input filing version 2023-05-04; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-23-021971 ↗Input filing version 2023-08-03; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-23-031255 ↗Input filing version 2023-11-09; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-25-005575 ↗Input filing version 2025-02-28; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-24-015696 ↗Input filing version 2024-05-09; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-24-024888 ↗Input filing version 2024-08-06; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-24-033913 ↗Input filing version 2024-11-07; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-26-005875 ↗Input filing version 2026-02-26; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-25-015518 ↗Input filing version 2025-05-08; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-25-025450 ↗Input filing version 2025-08-07; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-25-033627 ↗Input filing version 2025-11-06; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-26-015620 ↗Input filing version 2026-05-07; this is not the first disclosure date.
Applied Optoelectronics SEC filing 0001437749-26-026278 ↗Input filing version 2026-08-06; this is not the first disclosure date.

Observation tableRaw values, dates, sources and inputsVerify and export

Period end / reporting period	Chart placement date	Raw value · USD	Displayed value · USD	Source version date	Calculations and citations
2026-10-232026-10-23	2026-10-23	172.37	172.37	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-10-222026-10-22	2026-10-22	171.07	171.07	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-10-212026-10-21	2026-10-21	184.33	184.33	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-10-202026-10-20	2026-10-20	181.19	181.19	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-10-192026-10-19	2026-10-19	182.95	182.95	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-10-162026-10-16	2026-10-16	176.98	176.98	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-10-152026-10-15	2026-10-15	185.58	185.58	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-10-142026-10-14	2026-10-14	195.42	195.42	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-10-132026-10-13	2026-10-13	204.52	204.52	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-10-122026-10-12	2026-10-12	210.88	210.88	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-10-092026-10-09	2026-10-09	216.74	216.74	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-10-082026-10-08	2026-10-08	210.97	210.97	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-10-072026-10-07	2026-10-07	215.83	215.83	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-10-062026-10-06	2026-10-06	215.36	215.36	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-10-052026-10-05	2026-10-05	206.90	206.90	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-10-022026-10-02	2026-10-02	207.35	207.35	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-10-012026-10-01	2026-10-01	204.49	204.49	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-302026-09-30	2026-09-30	203.59	203.59	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-292026-09-29	2026-09-29	202.86	202.86	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-282026-09-28	2026-09-28	204.92	204.92	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-252026-09-25	2026-09-25	206.55	206.55	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-242026-09-24	2026-09-24	205.70	205.70	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-232026-09-23	2026-09-23	203.47	203.47	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-222026-09-22	2026-09-22	205.19	205.19	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-212026-09-21	2026-09-21	205.42	205.42	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-182026-09-18	2026-09-18	199.39	199.39	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-172026-09-17	2026-09-17	199.53	199.53	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-162026-09-16	2026-09-16	197.54	197.54	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-152026-09-15	2026-09-15	192.84	192.84	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-142026-09-14	2026-09-14	187.81	187.81	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-112026-09-11	2026-09-11	199.59	199.59	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-102026-09-10	2026-09-10	188.99	188.99	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-092026-09-09	2026-09-09	192.93	192.93	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-082026-09-08	2026-09-08	194.96	194.96	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-042026-09-04	2026-09-04	193.78	193.78	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-032026-09-03	2026-09-03	191.44	191.44	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-022026-09-02	2026-09-02	186.10	186.10	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-09-012026-09-01	2026-09-01	189.26	189.26	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-08-312026-08-31	2026-08-31	195.69	195.69	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-08-282026-08-28	2026-08-28	195.38	195.38	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-08-272026-08-27	2026-08-27	201.09	201.09	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-08-262026-08-26	2026-08-26	202.25	202.25	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-08-252026-08-25	2026-08-25	190.94	190.94	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-08-242026-08-24	2026-08-24	188.15	188.15	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-08-212026-08-21	2026-08-21	188.65	188.65	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-08-202026-08-20	2026-08-20	183.75	183.75	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-08-192026-08-19	2026-08-19	186.45	186.45	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-08-182026-08-18	2026-08-18	193.18	193.18	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-08-172026-08-17	2026-08-17	201.80	201.80	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/
2026-08-142026-08-14	2026-08-14	198.82	198.82	Not specified	Inputs and citations As-reported value https://finance.yahoo.com/quote/ANET/history/

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Source-version dates for operating metrics may refer to later revisions, not the first public release. Missing values are retained; neither price nor operating data is interpolated.