Arista Networks annual operating margin
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Arista Networks Operating Margin Growth & History (ANET)
Arista Networks's operating margin was 42.82% for fiscal 2025.
View full Arista Networks company overviewArista Networks annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 42.82% | +0.77 pp |
| 2024 | 2024-12-31 | 42.05% | +3.53 pp |
| 2023 | 2023-12-31 | 38.52% | +3.66 pp |
| 2022 | 2022-12-31 | 34.86% | +3.49 pp |
| 2021 | 2021-12-31 | 31.37% | +1.18 pp |
| 2020 | 2020-12-31 | 30.19% | −3.23 pp |
| 2019 | 2019-12-31 | 33.42% | +20.72 pp |
| 2018 | 2018-12-31 | 12.71% | −15.86 pp |
| 2017 | 2017-12-31 | 28.57% | +7.01 pp |
| 2016 | 2016-12-31 | 21.56% | +3.73 pp |
| 2015 | 2015-12-31 | 17.83% | −3.66 pp |
| 2014 | 2014-12-31 | 21.49% | +3.18 pp |
| 2013 | 2013-12-31 | 18.31% | −2.32 pp |
| 2012 | 2012-12-31 | 20.63% | — |
Arista Networks quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 45.39% | +0.66 pp |
| Q1 2026 | 2026-03-31 | 42.74% | −0.10 pp |
| Q4 2025 | 2025-12-31 | 41.52% | +0.10 pp |
| Q3 2025 | 2025-09-30 | 42.38% | −0.99 pp |
| Q2 2025 | 2025-06-30 | 44.73% | +3.34 pp |
| Q1 2025 | 2025-03-31 | 42.84% | +0.82 pp |
| Q4 2024 | 2024-12-31 | 41.42% | −0.13 pp |
| Q3 2024 | 2024-09-30 | 43.37% | +3.44 pp |
| Q2 2024 | 2024-06-30 | 41.39% | +5.05 pp |
| Q1 2024 | 2024-03-31 | 42.01% | +6.15 pp |
| Q4 2023 | 2023-12-31 | 41.54% | +4.78 pp |
| Q3 2023 | 2023-09-30 | 39.93% | +4.46 pp |
| Q2 2023 | 2023-06-30 | 36.33% | +1.84 pp |
| Q1 2023 | 2023-03-31 | 35.86% | +4.16 pp |
| Q4 2022 | 2022-12-31 | 36.76% | +4.52 pp |
| Q3 2022 | 2022-09-30 | 35.46% | +4.30 pp |
| Q2 2022 | 2022-06-30 | 34.50% | +3.48 pp |
| Q1 2022 | 2022-03-31 | 31.70% | +0.79 pp |
| Q4 2021 | 2021-12-31 | 32.24% | +2.22 pp |
| Q3 2021 | 2021-09-30 | 31.16% | +0.04 pp |
| Q2 2021 | 2021-06-30 | 31.01% | +0.12 pp |
| Q1 2021 | 2021-03-31 | 30.90% | +2.29 pp |
| Q4 2020 | 2020-12-31 | 30.01% | −1.84 pp |
| Q3 2020 | 2020-09-30 | 31.12% | −3.82 pp |
| Q2 2020 | 2020-06-30 | 30.89% | −3.11 pp |
| Q1 2020 | 2020-03-31 | 28.61% | −4.02 pp |
| Q4 2019 | 2019-12-31 | 31.85% | −0.65 pp |
| Q3 2019 | 2019-09-30 | 34.93% | +2.84 pp |
| Q2 2019 | 2019-06-30 | 34.00% | +80.13 pp |
| Q1 2019 | 2019-03-31 | 32.64% | +3.28 pp |
| Q4 2018 | 2018-12-31 | 32.51% | +2.71 pp |
| Q3 2018 | 2018-09-30 | 32.09% | −0.09 pp |
| Q2 2018 | 2018-06-30 | −46.13% | −74.91 pp |
| Q1 2018 | 2018-03-31 | 29.36% | +7.48 pp |
| Q4 2017 | 2017-12-31 | 29.79% | +6.16 pp |
| Q3 2017 | 2017-09-30 | 32.18% | +10.47 pp |
| Q2 2017 | 2017-06-30 | 28.78% | +9.00 pp |
| Q1 2017 | 2017-03-31 | 21.88% | +1.35 pp |
| Q4 2016 | 2016-12-31 | 23.63% | +3.50 pp |
| Q3 2016 | 2016-09-30 | 21.71% | +7.33 pp |
| Q2 2016 | 2016-06-30 | 19.78% | +2.98 pp |
| Q1 2016 | 2016-03-31 | 20.54% | +0.57 pp |
| Q4 2015 | 2015-12-31 | 20.13% | −2.36 pp |
| Q3 2015 | 2015-09-30 | 14.39% | −7.40 pp |
| Q2 2015 | 2015-06-30 | 16.80% | −5.42 pp |
| Q1 2015 | 2015-03-31 | 19.97% | +1.21 pp |
| Q4 2014 | 2014-12-31 | 22.48% | +4.14 pp |
| Q3 2014 | 2014-09-30 | 21.79% | +2.31 pp |
| Q2 2014 | 2014-06-30 | 22.22% | — |
| Q1 2014 | 2014-03-31 | 18.75% | — |
| Q3 2013 | 2013-09-30 | 18.34% | — |
| Q2 2013 | 2013-06-30 | 19.48% | — |
Arista Networks operating margin trends
Over the last five reported fiscal years, Arista Networks's operating margin increased from 30.19% to 42.82%, a change of +12.63 percentage points. The latest reported quarter, Q2 2026, shows 45.39%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Arista Networks filings at SEC.gov ↗