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

Arista Networks' Cost of Revenue history runs 14 years deep, the most recent figure standing at $1.0 billion for Q1 2026.

• In Q1 2026, Cost of Revenue rose 41.65% year-over-year to $1.0 billion; the TTM figure through Mar 2026 stood at $3.5 billion (up 32.58% YoY), while the FY2025 annual figure was $3.2 billion, up 28.87% from the prior year.
• Cost of Revenue for Q1 2026 stood at $1.0 billion, up from $924.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $1.0 billion in Q1 2026, with the low at $323.2 million in Q1 2022.
• The 5-year median for Cost of Revenue is $574.8 million (2023), against an average of $630.4 million.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue surged 72.84% in 2022, then advanced 3.2% in 2024.
• Arista Networks' Cost of Revenue stood at $506.9 million in 2022, then gained by 6.76% to $541.2 million in 2023, then increased by 29.23% to $699.4 million in 2024, then surged by 32.11% to $924.0 million in 2025, then grew by 11.71% to $1.0 billion in 2026.
• Business Quant data shows ANET's Cost of Revenue at $1.0 billion in Q1 2026, $924.0 million in Q4 2025, and $818.1 million in Q3 2025.