Arista Networks (ANET) Operating Expenses (2012 - 2025)

Arista Networks has reported Operating Expenses for 14 years, with the latest figure at $1.9 billion in FY2025.

• For the quarter ending Q1 2026, Operating Expenses rose 24.37% year-over-year to $519.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.0 billion (up 24.13% YoY), and the FY2025 full-year result was $1.9 billion, up 23.66% from the prior year.
• Operating Expenses for FY2025 stood at $1.9 billion, up from $1.5 billion in the prior year.
• The five-year high for Operating Expenses was $1.9 billion in FY2025, with the low at $956.0 million in FY2021.
• Average Operating Expenses over 5 years is $1.4 billion, with a median of $1.4 billion recorded in 2023.
• Year-over-year, Operating Expenses gained 12.65% in 2024 and climbed 23.66% in 2025.
• Tracing ANET's Operating Expenses over 5 years: stood at $956.0 million in 2021, then advanced by 20.14% to $1.1 billion in 2022, then climbed by 19.54% to $1.4 billion in 2023, then grew by 12.65% to $1.5 billion in 2024, then advanced by 23.66% to $1.9 billion in 2025.
• The last three Operating Expenses figures came in at $1.9 billion (FY2025), $1.5 billion (FY2024), and $1.4 billion (FY2023), per Business Quant data.

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