Arista Networks (ANET) Gross Margin (2012 - 2025)

Arista Networks' Gross Margin history runs 14 years deep, the most recent figure standing at 64.06% for FY2025.

• 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 64.06% for FY2025 at Arista Networks, roughly flat from 64.13% in the prior year.
• In the past five years, Gross Margin ranged from a high of 64.13% in FY2024 to a low of 61.07% in FY2022.
• Historically, Gross Margin has averaged 63.0% across 5 years, with a median of 63.8% in 2021.
• The sharpest annual moves came in 2022 and 2024: Gross Margin sank 273 bps in 2022, then jumped 218 bps in 2024.
• A 5-year view of Gross Margin shows it stood at 63.8% in 2021, then retreated by 4 bps to 61.07% in 2022, then increased by 1 bps to 61.95% in 2023, then rose by 4 bps to 64.13% in 2024, then dropped by 0 bps to 64.06% in 2025.
• The last three Gross Margin figures came in at 64.06% (FY2025), 64.13% (FY2024), and 61.95% (FY2023), per Business Quant data.