Arista Networks (ANET) Operating Expenses (2013 - 2026)

Arista Networks' Operating Expenses history runs 14 years deep, the most recent figure standing at $519.0 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 24.37% year-over-year to $519.0 million; the TTM figure through Mar 2026 stood at $2.0 billion (up 24.13% YoY), while the FY2025 annual figure was $1.9 billion, up 23.66% from the prior year.
• Operating Expenses was $519.0 million for Q1 2026 at Arista Networks, down from $530.9 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $530.9 million in Q4 2025 to a low of $275.9 million in Q1 2022.
• Historically, Operating Expenses has averaged $382.3 million across 5 years, with a median of $359.3 million in 2023.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses grew 6.65% in 2024, then jumped 36.03% in 2025.
• A 5-year view of Operating Expenses shows it stood at $299.7 million in 2022, then increased by 19.89% to $359.3 million in 2023, then advanced by 20.07% to $431.4 million in 2024, then advanced by 23.06% to $530.9 million in 2025, then dropped by 2.24% to $519.0 million in 2026.
• The last three Operating Expenses figures came in at $519.0 million (Q1 2026), $530.9 million (Q4 2025), and $512.0 million (Q3 2025), per Business Quant data.