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

Arista Networks' Operating Margin history runs 14 years deep, the most recent figure standing at 42.74% for Q1 2026.

• In Q1 2026, Operating Margin fell 10.0% year-over-year to 42.74%; the TTM figure through Mar 2026 stood at 42.79% (up 52.0% YoY), while the FY2025 annual figure was 42.82%, up 77.0% from the prior year.
• Operating Margin for Q1 2026 stood at 42.74%, up from 41.52% in the prior quarter.
• The five-year high for Operating Margin was 44.73% in Q2 2025, with the low at 31.7% in Q1 2022.
• The 5-year median for Operating Margin is 41.42% (2024), against an average of 39.67%.
• The sharpest annual moves came in 2024 and 2025: Operating Margin surged 615 bps in 2024, then tumbled 99 bps in 2025.
• Arista Networks' Operating Margin stood at 36.76% in 2022, then advanced by 13 bps to 41.54% in 2023, then decreased by 0 bps to 41.42% in 2024, then increased by 0 bps to 41.52% in 2025, then climbed by 3 bps to 42.74% in 2026.
• Business Quant data shows ANET's Operating Margin at 42.74% in Q1 2026, 41.52% in Q4 2025, and 42.38% in Q3 2025.