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
DateValue
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