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Arista Networks (ANET) Operating Expenses (2016 - 2026)

Arista Networks has reported Operating Expenses over the past 13 years, most recently at $530.9 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 23.06% year-over-year to $530.9 million; the TTM value through Dec 2025 reached $1.9 billion, up 23.66%, while the annual FY2025 figure was $1.9 billion, 23.66% up from the prior year.
  • Operating Expenses for Q4 2025 was $530.9 million at Arista Networks, up from $512.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $530.9 million in Q4 2025 and troughed at $219.0 million in Q1 2021.
  • A 5-year average of $346.8 million and a median of $340.5 million in 2023 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: grew 6.65% in 2024 and later skyrocketed 36.03% in 2025.
  • Year by year, Operating Expenses stood at $256.9 million in 2021, then increased by 16.64% to $299.7 million in 2022, then grew by 19.89% to $359.3 million in 2023, then grew by 20.07% to $431.4 million in 2024, then grew by 23.06% to $530.9 million in 2025.
  • Business Quant data shows Operating Expenses for ANET at $530.9 million in Q4 2025, $512.0 million in Q3 2025, and $452.4 million in Q2 2025.