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

Arista Networks (ANET) has reported Operating Margin for 14 consecutive years, with 42.74% the latest figure, recorded in 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 came in at 42.74% for Q1 2026 at Arista Networks, 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.
• Average Operating Margin over 5 years is 39.67%, with a median of 41.42% recorded in 2024.
• Across the five-year window, Operating Margin soared 615 bps in 2024 and sank 99 bps in 2025, its largest moves.
• Year by year, Operating Margin stood at 36.76% in 2022, then rose by 13 bps to 41.54% in 2023, then fell by 0 bps to 41.42% in 2024, then climbed by 0 bps to 41.52% in 2025, then gained by 3 bps to 42.74% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 42.74%, 41.52%, and 42.38% for Q1 2026, Q4 2025, and Q3 2025 respectively.