Arista Networks (ANET) Research & Development (2013 - 2026)
Arista Networks (ANET) posted Research & Development of $348.2 million for Q2 2026, up 1.31% on a QoQ basis from $343.7 million in Q1 2026, and up 17.44% year-over-year from $296.5 million in Q2 2025.
Analysis
Arista Networks (ANET) Research & Development (2013 - 2026) Analysis & Trends
Arista Networks has reported Research & Development for 14 years, with the latest figure at $348.2 million in Q2 2026.
- On a quarterly basis, Research & Development rose 17.44% year-over-year to $348.2 million in Q2 2026; TTM through Jun 2026 was $1.4 billion, a 26.08% increase from a year earlier, with the FY2025 full-year figure at $1.2 billion, up 24.14% from the prior year.
- Research & Development was $348.2 million for Q2 2026 at Arista Networks, up from $343.7 million in the prior quarter.
- The five-year high for Research & Development was $348.4 million in Q4 2025, with the low at $172.0 million in Q1 2022.
- Average Research & Development over 5 years is $250.5 million, with a median of $232.7 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Research & Development rose 3.47% in 2024, then surged 38.25% in 2025.
- Over 5 years, Research & Development stood at $190.4 million in 2022, then rose by 11.05% to $211.5 million in 2023, then soared by 34.78% to $285.0 million in 2024, then gained by 22.25% to $348.4 million in 2025, then fell by 0.06% to $348.2 million in 2026.
- The last three Research & Development figures came in at $348.2 million (Q2 2026), $343.7 million (Q1 2026), and $348.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 362.97 Bn | 351.40 Bn | 9.83 Bn | 1.11 Bn |
| 2 | Arista Networks | 251.55 Bn | 238.20 Bn | 1.91 Bn | 348.20 Mn |
| 3 | Sandisk | 238.47 Bn | 233.71 Bn | 7.58 Bn | 348.00 Mn |
| 4 | Seagate Technology Holdings | 188.28 Bn | 186.57 Bn | 1.90 Bn | 188.00 Mn |
| 5 | Western Digital | 161.43 Bn | 159.85 Bn | 2.03 Bn | 284.00 Mn |
| 6 | Hewlett Packard Enterprise | 82.45 Bn | 76.23 Bn | 4.93 Bn | 1.16 Bn |
| 7 | NetApp | 39.14 Bn | 35.57 Bn | 1.42 Bn | 507.00 Mn |
| 8 | Everpure | 32.71 Bn | 31.71 Bn | 811.39 Mn | 346.08 Mn |
| 9 | Super Micro Computer | 26.34 Bn | 18.82 Bn | 1.94 Bn | 201.50 Mn |
| 10 | Penguin Solutions | 2.62 Bn | 2.38 Bn | 133.21 Mn | 21.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 348.20 Mn |
| Mar 31, 2026 | 343.70 Mn |
| Dec 31, 2025 | 348.40 Mn |
| Sep 30, 2025 | 326.00 Mn |
| Jun 30, 2025 | 296.50 Mn |
| Mar 31, 2025 | 266.40 Mn |
| Dec 31, 2024 | 285.00 Mn |
| Sep 30, 2024 | 235.80 Mn |
| Jun 30, 2024 | 267.50 Mn |
| Mar 31, 2024 | 208.40 Mn |
| Dec 31, 2023 | 211.46 Mn |
| Sep 30, 2023 | 212.35 Mn |
| Jun 30, 2023 | 229.68 Mn |
| Mar 31, 2023 | 201.41 Mn |
| Dec 31, 2022 | 190.42 Mn |
| Sep 30, 2022 | 187.81 Mn |
| Jun 30, 2022 | 178.16 Mn |
| Mar 31, 2022 | 172.01 Mn |
| Dec 31, 2021 | 157.88 Mn |
| Sep 30, 2021 | 153.09 Mn |