Arista Networks profit margin ANET
Gross, operating and net profit as a share of revenue over the last twelve months, from 2013.
- Net margin, 12 months
- 38.4%
- Operating margin, 12 months
- 43.1%
- Net margin on a year earlier
- −2.5 pts
- Peer median
- 13.4%
Over the twelve months to Jun 30, 2026, Arista Networks kept 38.4% of its revenue as net profit, with an operating margin of 43.1% and a gross margin of 63.0%.
Five years earlier its net margin was 27.7%.
The median for 8 computer hardware stocks of a similar size is 13.4%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 39.0% | 42.8% | 64.1% |
| FY2024 | 40.7% | 42.0% | 64.1% |
| FY2023 | 35.6% | 38.5% | 61.9% |
| FY2022 | 30.9% | 34.9% | 61.1% |
| FY2021 | 28.5% | 31.4% | 63.8% |
| FY2020 | 27.4% | 30.2% | 63.9% |
| FY2019 | 35.7% | 33.4% | 64.1% |
| FY2018 | 15.3% | 12.7% | 63.8% |
| FY2017 | 25.7% | 28.6% | 64.5% |
| FY2016 | 16.3% | 21.6% | 64.0% |
| FY2015 | 14.5% | 17.8% | 64.9% |
| FY2014 | 14.9% | 21.5% | 67.1% |
| FY2013 | 11.8% | 18.3% | 66.0% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 38.4% | −2.5 pts | 43.1% | |
| Q1 FY26 | 38.3% | −2.4 pts | 42.8% | |
| Q4 FY25 | 39.0% | −1.7 pts | 42.8% | |
| Q3 FY25 | 39.7% | −0.6 pts | 42.9% | |
| Q2 FY25 | 40.9% | +1.9 pts | 43.1% | |
| Q1 FY25 | 40.7% | +3.1 pts | 42.3% | |
| Q4 FY24 | 40.7% | +5.1 pts | 42.0% | |
| Q3 FY24 | 40.3% | +6.3 pts | 42.1% | |
| Q2 FY24 | 39.0% | +6.5 pts | 41.2% | |
| Q1 FY24 | 37.6% | +6.4 pts | 40.0% | |
| Q4 FY23 | 35.6% | +4.8 pts | 38.5% | |
| Q3 FY23 | 34.0% | +4.3 pts | 37.3% |
Against its peers
Companies in Computer Hardware nearest Arista Networks' size, closest first, today.
| Company | Profit margin |
|---|---|
| ANETArista Networks | 38.4% |
| SNDKSandisk | 56.5% |
| DELLDell Technologies | 7.5% |
| STXSeagate Technology | 26.1% |
| WDCWestern Digital | 69.2% |
| HPEHewlett Packard Enterprise | 6.4% |
| NTAPNetApp | 19.2% |
| PEverpure | 5.9% |
| HPQHP | 4.1% |
| Peer median | 13.4% |
Where Arista Networks ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Arista Networks
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.