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

Arista Networks' Cost of Revenue history runs 14 years deep, the most recent figure standing at $141.6 million for 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 was $141.6 million for Q1 2026 at Arista Networks, down from $2.8 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $2.8 billion in Q4 2025 to a low of -$1.4 billion in Q4 2024.
• Historically, Cost of Revenue has averaged $283.7 million across 5 years, with a median of $141.6 million in 2026.
• The sharpest annual moves came in 2023 and 2024: Cost of Revenue surged 596.6% in 2023, then sank 1412.84% in 2024.
• A 5-year view of Cost of Revenue shows it stood at -$871.7 million in 2022, then jumped by 112.1% to $105.5 million in 2023, then tumbled by 1412.84% to -$1.4 billion in 2024, then surged by 305.23% to $2.8 billion in 2025, then slumped by 95.02% to $141.6 million in 2026.
• The last three Cost of Revenue figures came in at $141.6 million (Q1 2026), $2.8 billion (Q4 2025), and $151.2 million (Q3 2025), per Business Quant data.