Arista Networks (ANET) Gross Margin (2013 - 2026)
Arista Networks (ANET) posted Gross Margin of 62.93% for Q2 2026, up 1.66% on a QoQ basis from 61.9% in Q1 2026, and down 232.0% year-over-year from 47.67% in Q2 2025.
Analysis
Arista Networks (ANET) Gross Margin (2013 - 2026) Analysis & Trends
Arista Networks has reported Gross Margin for 14 years, with the latest figure at 62.93% in Q2 2026.
- On a quarterly basis, Gross Margin fell 232.0% year-over-year to 62.93% in Q2 2026; TTM through Jun 2026 was 63.0%, a 123.0% decrease from a year earlier, with the FY2025 full-year figure at 64.06%, down 8.0% from the prior year.
- Gross Margin was 62.93% for Q2 2026 at Arista Networks, up from 61.9% in the prior quarter.
- The five-year high for Gross Margin was 65.25% in Q2 2025, with the low at 59.53% in Q1 2023.
- Average Gross Margin over 5 years is 62.78%, with a median of 63.04% recorded in 2022.
- The largest YoY upside for Gross Margin was 461 bps in 2023 against a maximum downside of 361 bps in 2023.
- Over 5 years, Gross Margin stood at 60.26% in 2022, then climbed by 8 bps to 64.87% in 2023, then declined by 2 bps to 63.77% in 2024, then declined by 1 bps to 62.86% in 2025, then grew by 0 bps to 62.93% in 2026.
- The last three Gross Margin figures came in at 62.93% (Q2 2026), 61.9% (Q1 2026), and 62.86% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 362.97 Bn | 351.40 Bn | 9.83 Bn | 20.93% |
| 2 | Arista Networks | 251.55 Bn | 238.20 Bn | 1.91 Bn | 62.93% |
| 3 | Sandisk | 238.47 Bn | 233.71 Bn | 7.58 Bn | 84.57% |
| 4 | Seagate Technology Holdings | 188.28 Bn | 186.57 Bn | 1.90 Bn | 52.30% |
| 5 | Western Digital | 161.43 Bn | 159.85 Bn | 2.03 Bn | 54.12% |
| 6 | Hewlett Packard Enterprise | 82.45 Bn | 76.23 Bn | 4.93 Bn | 40.34% |
| 7 | NetApp | 39.14 Bn | 35.57 Bn | 1.42 Bn | 70.07% |
| 8 | Everpure | 32.71 Bn | 31.71 Bn | 811.39 Mn | 68.42% |
| 9 | Super Micro Computer | 26.34 Bn | 18.82 Bn | 1.94 Bn | 17.47% |
| 10 | Penguin Solutions | 2.62 Bn | 2.38 Bn | 133.21 Mn | 27.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 62.93% |
| Mar 31, 2026 | 61.90% |
| Dec 31, 2025 | 62.86% |
| Sep 30, 2025 | 64.56% |
| Jun 30, 2025 | 65.25% |
| Mar 31, 2025 | 63.65% |
| Dec 31, 2024 | 63.77% |
| Sep 30, 2024 | 64.15% |
| Jun 30, 2024 | 64.91% |
| Mar 31, 2024 | 63.73% |
| Dec 31, 2023 | 64.87% |
| Sep 30, 2023 | 62.43% |
| Jun 30, 2023 | 60.60% |
| Mar 31, 2023 | 59.53% |
| Dec 31, 2022 | 60.26% |
| Sep 30, 2022 | 60.33% |
| Jun 30, 2022 | 61.15% |
| Mar 31, 2022 | 63.15% |
| Dec 31, 2021 | 63.40% |
| Sep 30, 2021 | 63.93% |