Arista Networks (ANET) Operating Expenses (2013 - 2026)
Arista Networks (ANET) posted quarterly Operating Expenses of $519.0 million for Q1 2026, up 24.37% year-over-year from $417.3 million in Q1 2025, and down 2.24% on a QoQ basis from $530.9 million in Q4 2025.
Arista Networks (ANET) Operating Expenses (2013 - 2026) Analysis & Trends
Arista Networks (ANET) has reported Operating Expenses for 14 consecutive years, with $519.0 million the latest figure, recorded in 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 came in at $519.0 million for Q1 2026 at Arista Networks, down from $530.9 million in the prior quarter.
- The five-year high for Operating Expenses was $530.9 million in Q4 2025, with the low at $275.9 million in Q1 2022.
- Average Operating Expenses over 5 years is $382.3 million, with a median of $359.3 million recorded in 2023.
- Across the five-year window, Operating Expenses gained 6.65% in 2024 and jumped 36.03% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $299.7 million in 2022, then advanced 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, then retreated by 2.24% to $519.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $519.0 million, $530.9 million, and $512.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 551.00 Mn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 4.13 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 519.00 Mn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 486.00 Mn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 2.11 Bn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 703.39 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 2.40 Bn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 392.81 Mn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 347.49 Mn |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 Bn | 1.82 Mn | 56.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 234.81 Mn |