ANET Arista Networks margins

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Relative Growth: Rel. Growth: 98
Relative Strength: Rel. Strength: 86
Relative Valuation: Rel. Valuation: 14
Relative Profitability: Rel. Profitability: 95
Gross margin
63%
Operating margin
43.1%
EBITDA margin
48.2%
Net margin
38.4%

Based on the latest figures, Arista Networks reports a gross margin of 63%, an operating margin of 43.1%, an EBITDA margin of 48.2%, and a net margin of 38.4%. Net margin led the available margin declines with 2.5 percentage points, while the other margins did not change.

ANET margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Arista Networks recorded average margins of 63.68% gross, 41.89% operating, 46.93% EBITDA, and 39.11% net. Right now, operating and EBITDA margins are above their three-year averages, while gross and net margins are below their three-year averages.

ANET margin expansion

Year-over-year margin changes in percentage points

Gross margin contracted by 1.2 percentage points, EBITDA margin by 0.4 percentage points, and net margin by 2.5 percentage points. Operating margin was unchanged.

Gross margin expansion
-1.2pp
Operating margin expansion
0pp
EBITDA margin expansion
-0.4pp
Net margin expansion
-2.5pp

ANET Gross margin

Across the last 3 years, Arista Networks's gross margin averaged 63.68%. The current gross margin stands at 63%, 0.7 percentage points below its three-year average. Gross margin was highest at 64.4% in Sep 2024 and lowest at 61.9% in Dec 2023.

ANET Operating margin

Arista Networks recorded an average operating margin of 41.89% across the last 3 years. Arista Networks currently reports an operating margin of 43.1%, 1.2 percentage points above its three-year average. The operating margin for Arista Networks moved between 38.5% in Dec 2023 and 43.1% in Jun 2026.

ANET EBITDA margin

Across the last 3 years, Arista Networks's EBITDA margin stood at 46.93%. Arista Networks's current EBITDA margin is 48.2% and is 1.3 percentage points above its three-year average. EBITDA margin was highest at 48.6% in Jun 2025 and lowest at 42.5% in Dec 2023.

ANET Net margin

Across the last 3 years, Arista Networks's net margin stood at 39.11%. The current net margin stands at 38.4%, 0.7 percentage points below its three-year average. Net margin was highest at 40.9% in Jun 2025 and lowest at 35.6% in Dec 2023.

ANET margin group comparison

Margins compared with peer-group, industry and sector averages

Arista Networks's gross margin of 63% is higher than the Technology sector, the industry and its peers average. In comparison with the Technology sector average of 52.1%, Arista Networks's gross margin is 21% higher.

ANET margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Arista Networks's gross margin?

For the period ending Jun 30, 2026, ANET recorded a gross margin of 63%.

What is Arista Networks's operating margin?

As of Jun 30, 2026, ANET has an operating margin of 43.1%.

What is Arista Networks's EBITDA margin?

As of Jun 30, 2026, ANET has an EBITDA margin of 48.2%.

What is Arista Networks's net margin?

As of Jun 30, 2026, ANET has a net margin of 38.4%.

What are the average margins of ANET?

Across the last 3 years, ANET averaged 63.7% gross, 41.9% operating, 46.9% EBITDA, and 39.1% net.

What are the highest historical margins of ANET?

Within the 5-year period, ANET recorded its highest margins at 64.4% gross in Sep 2024, 43.1% operating in Jun 2026, 48.6% EBITDA in Jun 2025, and 40.9% net in Jun 2025.

What are the lowest historical margins of ANET?

Over this 5-year history, Arista Networks's margins fell as low as 60.2% gross in Jun 2023, 31.4% operating in Dec 2021, 33.9% EBITDA in Dec 2021, and 28.5% net in Dec 2021.