Arista Networks ANET
NYSE ANET
$199.45 +10.45 (+5.53%)
At close: Sep 11, 2026 · 4:00 PM EDT

Arista Networks (ANET) Cost of Revenue (2013 - 2026)

Arista Networks (ANET) posted Cost of Revenue of $1.1 billion for Q2 2026, up 9.03% on a QoQ basis from $1.0 billion in Q1 2026, and up 46.88% year-over-year from $766.2 million in Q2 2025.

Analysis

Arista Networks (ANET) Cost of Revenue (2013 - 2026) Analysis & Trends

Arista Networks has reported Cost of Revenue for 14 years, with the latest figure at $1.1 billion in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 46.88% year-over-year to $1.1 billion in Q2 2026; TTM through Jun 2026 was $3.9 billion, a 37.14% increase from a year earlier, with the FY2025 full-year figure at $3.2 billion, up 28.87% from the prior year.
  • Cost of Revenue was $1.1 billion for Q2 2026 at Arista Networks, up from $1.0 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $1.1 billion in Q2 2026, with the low at $323.2 million in Q1 2022.
  • Average Cost of Revenue over 5 years is $657.9 million, with a median of $584.0 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2024: Cost of Revenue jumped 72.84% in 2022, then grew 3.2% in 2024.
  • Over 5 years, Cost of Revenue stood at $506.9 million in 2022, then climbed by 6.76% to $541.2 million in 2023, then gained by 29.23% to $699.4 million in 2024, then jumped by 32.11% to $924.0 million in 2025, then rose by 21.8% to $1.1 billion in 2026.
  • The last three Cost of Revenue figures came in at $1.1 billion (Q2 2026), $1.0 billion (Q1 2026), and $924.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Dell Technologies 362.97 Bn 351.40 Bn 9.83 Bn 37.14 Bn
2 Arista Networks 251.55 Bn 238.20 Bn 1.91 Bn 1.13 Bn
3 Sandisk 238.47 Bn 233.71 Bn 7.58 Bn 1.38 Bn
4 Seagate Technology Holdings 188.28 Bn 186.57 Bn 1.90 Bn 1.73 Bn
5 Western Digital 161.43 Bn 159.85 Bn 2.03 Bn 1.72 Bn
6 Hewlett Packard Enterprise 82.45 Bn 76.23 Bn 4.93 Bn 7.29 Bn
7 NetApp 39.14 Bn 35.57 Bn 1.42 Bn 606.00 Mn
8 Everpure 32.71 Bn 31.71 Bn 811.39 Mn 374.51 Mn
9 Super Micro Computer 26.34 Bn 18.82 Bn 1.94 Bn 9.18 Bn
10 Penguin Solutions 2.62 Bn 2.38 Bn 133.21 Mn 345.50 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.13 Bn
Mar 31, 2026 1.03 Bn
Dec 31, 2025 924.00 Mn
Sep 30, 2025 818.10 Mn
Jun 30, 2025 766.20 Mn
Mar 31, 2025 728.70 Mn
Dec 31, 2024 699.40 Mn
Sep 30, 2024 649.20 Mn
Jun 30, 2024 593.20 Mn
Mar 31, 2024 570.00 Mn
Dec 31, 2023 541.22 Mn
Sep 30, 2023 567.04 Mn
Jun 30, 2023 574.80 Mn
Mar 31, 2023 546.84 Mn
Dec 31, 2022 506.95 Mn
Sep 30, 2022 466.82 Mn
Jun 30, 2022 408.63 Mn
Mar 31, 2022 323.22 Mn
Dec 31, 2021 301.75 Mn
Sep 30, 2021 270.08 Mn