Arista Networks (ANET) Gross Margin (2013 - 2026)
Arista Networks (ANET) posted quarterly Gross Margin of 61.9% for Q1 2026, down 175.0% year-over-year from 82.53% in Q1 2025, and down 1.53% on a QoQ basis from 62.86% in Q4 2025.
Arista Networks (ANET) Gross Margin (2013 - 2026) Analysis & Trends
Arista Networks (ANET) has reported Gross Margin for 14 consecutive years, with 61.9% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 175.0% year-over-year to 61.9%; the TTM figure through Mar 2026 stood at 63.54% (down 55.0% YoY), while the FY2025 annual figure was 64.06%, down 8.0% from the prior year.
- Gross Margin came in at 61.9% for Q1 2026 at Arista Networks, down from 62.86% 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 62.77%, with a median of 63.15% recorded in 2022.
- The largest YoY upside for Gross Margin was 461 bps in 2023 against a maximum downside of 361 bps in 2023.
- Year by year, Gross Margin stood at 60.26% in 2022, then increased by 8 bps to 64.87% in 2023, then retreated by 2 bps to 63.77% in 2024, then slipped by 1 bps to 62.86% in 2025, then retreated by 2 bps to 61.9% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 61.9%, 62.86%, and 64.56% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 78.35% |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 17.75% |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 61.90% |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 50.22% |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 46.50% |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 68.70% |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 20.93% |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 9.95% |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 44.52% |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 Bn | 1.82 Mn | 63.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 64.21% |