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
DateValue
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%