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Arista Networks (ANET) Operating Expenses (2016 - 2025)

Arista Networks (ANET) has 13 years of Operating Expenses data on record, last reported at $530.9 million in 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 reached $530.9 million in Q4 2025 per ANET's latest filing, up from $512.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $530.9 million in Q4 2025 and bottomed at $219.0 million in Q1 2021.
  • Average Operating Expenses over 5 years is $346.8 million, with a median of $340.5 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: grew 6.65% in 2024, then skyrocketed 36.03% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $256.9 million in 2021, then rose by 16.64% to $299.7 million in 2022, then increased by 19.89% to $359.3 million in 2023, then increased by 20.07% to $431.4 million in 2024, then increased by 23.06% to $530.9 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $530.9 million in Q4 2025, $512.0 million in Q3 2025, and $452.4 million in Q2 2025.