Arista Networks (ANET) Gross Margin (2013 - 2026)
Arista Networks (ANET) recorded quarterly Gross Margin of 61.9% in Q1 2026, down 1.53% quarter-over-quarter from 62.86% in Q4 2025, and down 175.0% on a YoY basis from 82.53% in Q1 2025.
Arista Networks (ANET) Gross Margin (2013 - 2026) Analysis & Trends
Arista Networks' Gross Margin history runs 14 years deep, the most recent figure standing at 61.9% for 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 was 61.9% for Q1 2026 at Arista Networks, down from 62.86% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 65.25% in Q2 2025 to a low of 59.53% in Q1 2023.
- Historically, Gross Margin has averaged 62.77% across 5 years, with a median of 63.15% in 2022.
- Biggest YoY gain for Gross Margin was 461 bps in 2023; the steepest drop was 361 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 60.26% in 2022, then advanced by 8 bps to 64.87% in 2023, then dropped by 2 bps to 63.77% in 2024, then fell by 1 bps to 62.86% in 2025, then dropped by 2 bps to 61.9% in 2026.
- The last three Gross Margin figures came in at 61.9% (Q1 2026), 62.86% (Q4 2025), and 64.56% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 20.16% |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 78.35% |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 61.90% |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 46.50% |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 50.22% |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 9.95% |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 69.89% |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 20.93% |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | 23.84% |
| 10 | Logitech International | 16.58 Bn | 14.83 Bn | 483.28 Mn | 44.52% |
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% |