Arista Networks (ANET) Net Margin (2013 - 2026)
Arista Networks (ANET) posted quarterly Net Margin of 37.76% for Q1 2026, down 283.0% year-over-year from 20.63% in Q1 2025, and down 1.72% on a QoQ basis from 38.42% in Q4 2025.
Arista Networks (ANET) Net Margin (2013 - 2026) Analysis & Trends
Arista Networks (ANET) has reported Net Margin for 14 consecutive years, with 37.76% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 283.0% year-over-year to 37.76%; the TTM figure through Mar 2026 stood at 38.32% (down 240.0% YoY), while the FY2025 annual figure was 38.99%, down 174.0% from the prior year.
- Net Margin came in at 37.76% for Q1 2026 at Arista Networks, down from 38.42% 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 36.58%, with a median of 37.76% recorded in 2026.
- Across the five-year window, Net Margin soared 828 bps in 2024 and tumbled 435 bps in 2025, its largest moves.
- Year by year, Net Margin stood at 33.48% in 2022, then grew by 19 bps to 39.83% in 2023, then increased by 4 bps to 41.49% in 2024, then dropped by 7 bps to 38.42% in 2025, then dropped by 2 bps to 37.76% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 37.76%, 38.42%, and 36.95% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 60.76% |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 7.84% |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 37.76% |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | - |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 24.04% |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 2.29% |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 3.12% |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 4.72% |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 13.22% |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 Bn | 1.82 Mn | -642.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 27.84% |