Arista Networks ANET
NYSE ANET
$199.45 +10.45 (+5.53%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Arista Networks (ANET) posted Operating Expenses of $532.3 million for Q2 2026, up 2.56% on a QoQ basis from $519.0 million in Q1 2026, and up 17.66% year-over-year from $452.4 million in Q2 2025.

Analysis

Arista Networks (ANET) Operating Expenses (2013 - 2026) Analysis & Trends

Arista Networks has reported Operating Expenses for 14 years, with the latest figure at $532.3 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 17.66% year-over-year to $532.3 million in Q2 2026; TTM through Jun 2026 was $2.1 billion, a 24.84% increase from a year earlier, with the FY2025 full-year figure at $1.9 billion, up 23.66% from the prior year.
  • Operating Expenses was $532.3 million for Q2 2026 at Arista Networks, up from $519.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $532.3 million in Q2 2026, with the low at $275.9 million in Q1 2022.
  • Average Operating Expenses over 5 years is $390.7 million, with a median of $367.8 million recorded in 2023.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses increased 6.65% in 2024, then surged 36.03% in 2025.
  • Over 5 years, Operating Expenses stood at $299.7 million in 2022, then rose by 19.89% to $359.3 million in 2023, then climbed by 20.07% to $431.4 million in 2024, then climbed by 23.06% to $530.9 million in 2025, then climbed by 0.26% to $532.3 million in 2026.
  • The last three Operating Expenses figures came in at $532.3 million (Q2 2026), $519.0 million (Q1 2026), and $530.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Dell Technologies 362.97 Bn 351.40 Bn 9.83 Bn 4.45 Bn
2 Arista Networks 251.55 Bn 238.20 Bn 1.91 Bn 532.30 Mn
3 Sandisk 238.47 Bn 233.71 Bn 7.58 Bn 545.00 Mn
4 Seagate Technology Holdings 188.28 Bn 186.57 Bn 1.90 Bn 2.07 Bn
5 Western Digital 161.43 Bn 159.85 Bn 2.03 Bn 465.00 Mn
6 Hewlett Packard Enterprise 82.45 Bn 76.23 Bn 4.93 Bn 10.82 Bn
7 NetApp 39.14 Bn 35.57 Bn 1.42 Bn 935.00 Mn
8 Everpure 32.71 Bn 31.71 Bn 811.39 Mn 748.23 Mn
9 Super Micro Computer 26.34 Bn 18.82 Bn 1.94 Bn 454.57 Mn
10 Penguin Solutions 2.62 Bn 2.38 Bn 133.21 Mn 82.35 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 532.30 Mn
Mar 31, 2026 519.00 Mn
Dec 31, 2025 530.90 Mn
Sep 30, 2025 512.00 Mn
Jun 30, 2025 452.40 Mn
Mar 31, 2025 417.30 Mn
Dec 31, 2024 431.40 Mn
Sep 30, 2024 376.40 Mn
Jun 30, 2024 397.60 Mn
Mar 31, 2024 341.20 Mn
Dec 31, 2023 359.28 Mn
Sep 30, 2023 339.72 Mn
Jun 30, 2023 354.07 Mn
Mar 31, 2023 319.93 Mn
Dec 31, 2022 299.69 Mn
Sep 30, 2022 292.63 Mn
Jun 30, 2022 280.41 Mn
Mar 31, 2022 275.86 Mn
Dec 31, 2021 256.93 Mn
Sep 30, 2021 245.32 Mn