Growth Metrics

Arista Networks (ANET) Cost of Revenue (2016 - 2026)

Arista Networks has reported Cost of Revenue over the past 13 years, most recently at $924.0 million for Q4 2025.

  • For Q4 2025, Cost of Revenue fell 57.91% year-over-year to $924.0 million; the TTM value through Dec 2025 reached $2.0 billion, down 42.72%, while the annual FY2025 figure was $3.2 billion, 28.87% up from the prior year.
  • Cost of Revenue for Q4 2025 was $924.0 million at Arista Networks, up from $818.1 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $2.2 billion in Q4 2024 and troughed at -$871.7 million in Q4 2022.
  • A 5-year average of $334.9 million and a median of $111.7 million in 2024 define the central range for Cost of Revenue.
  • Biggest five-year swings in Cost of Revenue: crashed 1265.61% in 2022 and later surged 1980.96% in 2024.
  • Year by year, Cost of Revenue stood at $74.8 million in 2021, then crashed by 1265.61% to -$871.7 million in 2022, then soared by 112.1% to $105.5 million in 2023, then surged by 1980.96% to $2.2 billion in 2024, then tumbled by 57.91% to $924.0 million in 2025.
  • Business Quant data shows Cost of Revenue for ANET at $924.0 million in Q4 2025, $818.1 million in Q3 2025, and $126.5 million in Q2 2025.