Arista Networks (ANET) Cost of Revenue (2013 - 2026)
Arista Networks (ANET) posted quarterly Cost of Revenue of $141.6 million for Q1 2026, up 21.44% year-over-year from $116.6 million in Q1 2025, and down 95.02% on a QoQ basis from $2.8 billion in Q4 2025.
Arista Networks (ANET) Cost of Revenue (2013 - 2026) Analysis & Trends
Arista Networks (ANET) has reported Cost of Revenue for 14 consecutive years, with $141.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 21.44% year-over-year to $141.6 million; the TTM figure through Mar 2026 stood at $3.3 billion (up 12598.08% YoY), while the FY2025 annual figure was $3.2 billion, up 657.55% from the prior year.
- Cost of Revenue came in at $141.6 million for Q1 2026 at Arista Networks, down from $2.8 billion in the prior quarter.
- The five-year high for Cost of Revenue was $2.8 billion in Q4 2025, with the low at -$1.4 billion in Q4 2024.
- Average Cost of Revenue over 5 years is $283.7 million, with a median of $141.6 million recorded in 2026.
- Across the five-year window, Cost of Revenue surged 596.6% in 2023 and slumped 1412.84% in 2024, its largest moves.
- Year by year, Cost of Revenue stood at -$871.7 million in 2022, then jumped by 112.1% to $105.5 million in 2023, then plunged by 1412.84% to -$1.4 billion in 2024, then surged by 305.23% to $2.8 billion in 2025, then tumbled by 95.02% to $141.6 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $141.6 million, $2.8 billion, and $151.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 1.29 Bn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 36.06 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 141.60 Mn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 1.66 Bn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 1.67 Bn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 347.86 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 11.39 Bn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 9.22 Bn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 214.94 Mn |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 Bn | 1.82 Mn | 1.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 141.60 Mn |
| Mar 31, 2026 | 141.60 Mn |
| Dec 31, 2025 | 2.84 Bn |
| Dec 31, 2025 | 2.84 Bn |
| Sep 30, 2025 | 151.20 Mn |
| Sep 30, 2025 | 151.20 Mn |
| Jun 30, 2025 | 126.50 Mn |
| Jun 30, 2025 | 126.50 Mn |
| Mar 31, 2025 | 116.60 Mn |
| Mar 31, 2025 | 116.60 Mn |
| Dec 31, 2024 | -1.39 Bn |
| Dec 31, 2024 | -1.39 Bn |
| Sep 30, 2024 | 649.20 Mn |
| Sep 30, 2024 | 649.20 Mn |
| Jun 30, 2024 | 593.20 Mn |
| Jun 30, 2024 | 593.20 Mn |
| Mar 31, 2024 | 570.00 Mn |
| Mar 31, 2024 | 570.00 Mn |
| Dec 31, 2023 | 105.50 Mn |
| Dec 31, 2023 | 105.50 Mn |