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 for Q1 2026 stood at $519.0 million, 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.
• The 5-year median for Operating Expenses is $359.3 million (2023), against an average of $382.3 million.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses climbed 6.65% in 2024, then soared 36.03% in 2025.
• Arista Networks' Operating Expenses stood at $299.7 million in 2022, then grew by 19.89% to $359.3 million in 2023, then gained by 20.07% to $431.4 million in 2024, then gained by 23.06% to $530.9 million in 2025, then slipped by 2.24% to $519.0 million in 2026.
• Business Quant data shows ANET's Operating Expenses at $519.0 million in Q1 2026, $530.9 million in Q4 2025, and $512.0 million in Q3 2025.