Arista Networks (ANET) EBITDA Margin (2013 - 2026)
Arista Networks' EBITDA Margin came in at 46.16% for Q2 2026, up 0.85 percentage points from 45.31% a year earlier and up 2.56 percentage points from the prior quarter.
Arista Networks (ANET) EBITDA Margin (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Arista Networks reported EBITDA Margin of 44.02%, up 0.15 percentage points year-over-year; for FY2025, it was 43.62%, up 0.69 percentage points from FY2024.
- EBITDA Margin has increased in each of the last five years, with a five-year change of +11.92 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 42.93% in FY2024 (+3.21 pp), 39.72% in FY2023 (+3.44 pp), 36.29% in FY2022 (+3.21 pp) and 33.08% in FY2021 (+1.37 pp).
- The Q2 2026 figure represents the highest quarterly EBITDA Margin in data going back to Q2 2013.
- Year-over-year, EBITDA Margin has increased for three consecutive quarters, with an average year-over-year change of +0.84 percentage points over the last eight quarters.
- The fastest year-over-year change in EBITDA Margin over five years came in Q1 2024 (a gain of 5.60 percentage points), and the weakest in Q3 2025 (a drop of 0.84 percentage points).
- Business Quant data shows ANET's EBITDA Margin at 43.60% (Q1 2026), 42.44% (Q4 2025) and 43.38% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 35.66% |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 28.41% |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 13.07% |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 46.16% |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 78.91% |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 44.89% |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 44.36% |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 25.63% |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 35.07% |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 18.48% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.16% |
| Mar 31, 2026 | 43.60% |
| Dec 31, 2025 | 42.44% |
| Sep 30, 2025 | 43.38% |
| Jun 30, 2025 | 45.31% |
| Mar 31, 2025 | 43.53% |
| Dec 31, 2024 | 42.21% |
| Sep 30, 2024 | 44.23% |
| Jun 30, 2024 | 42.30% |
| Mar 31, 2024 | 43.01% |
| Dec 31, 2023 | 42.48% |
| Sep 30, 2023 | 41.05% |
| Jun 30, 2023 | 37.59% |
| Mar 31, 2023 | 37.41% |
| Dec 31, 2022 | 38.14% |
| Sep 30, 2022 | 36.92% |
| Jun 30, 2022 | 35.91% |
| Mar 31, 2022 | 33.19% |
| Dec 31, 2021 | 33.75% |
| Sep 30, 2021 | 32.85% |
Arista Networks EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=ANET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "ANET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=ANET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();