Arista Networks (ANET) Net Margin (2013 - 2026)
Arista Networks (ANET) posted Net Margin of 39.95% for Q2 2026, up 5.81% on a QoQ basis from 37.76% in Q1 2026, and down 36.0% year-over-year from 62.43% in Q2 2025.
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Arista Networks (ANET) Net Margin (2013 - 2026) Analysis & Trends
Arista Networks has reported Net Margin for 14 years, with the latest figure at 39.95% in Q2 2026.
- On a quarterly basis, Net Margin fell 36.0% year-over-year to 39.95% in Q2 2026; TTM through Jun 2026 was 38.37%, a 253.0% decrease from a year earlier, with the FY2025 full-year figure at 38.99%, down 174.0% from the prior year.
- Net Margin was 39.95% for Q2 2026 at Arista Networks, up from 37.76% in the prior quarter.
- The five-year high for Net Margin was 41.49% in Q4 2024, with the low at 28.43% in Q2 2022.
- Average Net Margin over 5 years is 36.76%, with a median of 38.09% recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Net Margin jumped 828 bps in 2024, then sank 435 bps in 2025.
- Over 5 years, Net Margin stood at 33.48% in 2022, then advanced by 19 bps to 39.83% in 2023, then climbed by 4 bps to 41.49% in 2024, then decreased by 7 bps to 38.42% in 2025, then gained by 4 bps to 39.95% in 2026.
- The last three Net Margin figures came in at 39.95% (Q2 2026), 37.76% (Q1 2026), and 38.42% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 362.97 Bn | 351.40 Bn | 9.83 Bn | 8.80% |
| 2 | Arista Networks | 251.55 Bn | 238.20 Bn | 1.91 Bn | 39.95% |
| 3 | Sandisk | 238.47 Bn | 233.71 Bn | 7.58 Bn | 77.00% |
| 4 | Seagate Technology Holdings | 188.28 Bn | 186.57 Bn | 1.90 Bn | 35.66% |
| 5 | Western Digital | 161.43 Bn | 159.85 Bn | 2.03 Bn | 85.27% |
| 6 | Hewlett Packard Enterprise | 82.45 Bn | 76.23 Bn | 4.93 Bn | 12.37% |
| 7 | NetApp | 39.14 Bn | 35.57 Bn | 1.42 Bn | 18.52% |
| 8 | Everpure | 32.71 Bn | 31.71 Bn | 811.39 Mn | 6.25% |
| 9 | Super Micro Computer | 26.34 Bn | 18.82 Bn | 1.94 Bn | 10.61% |
| 10 | Penguin Solutions | 2.62 Bn | 2.38 Bn | 133.21 Mn | 7.77% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.95% |
| Mar 31, 2026 | 37.76% |
| Dec 31, 2025 | 38.42% |
| Sep 30, 2025 | 36.95% |
| Jun 30, 2025 | 40.31% |
| Mar 31, 2025 | 40.59% |
| Dec 31, 2024 | 41.49% |
| Sep 30, 2024 | 41.31% |
| Jun 30, 2024 | 39.36% |
| Mar 31, 2024 | 40.58% |
| Dec 31, 2023 | 39.83% |
| Sep 30, 2023 | 36.13% |
| Jun 30, 2023 | 33.72% |
| Mar 31, 2023 | 32.30% |
| Dec 31, 2022 | 33.48% |
| Sep 30, 2022 | 30.08% |
| Jun 30, 2022 | 28.43% |
| Mar 31, 2022 | 31.04% |
| Dec 31, 2021 | 29.02% |
| Sep 30, 2021 | 29.96% |