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Arista Networks ANET EBITDA margin

EBITDA margin at other companies

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12.3%+2.8pp
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23.3%+20.5pp
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CoreWeave, Inc.
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CoreWeave, Inc. CRWV
48.1%-7.5pp

Other financials

Income statement

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Revenue$2.7B+35.1%
Gross profit$1.7B+31.4%
Operating income$1.2B+34.8%
Net income$1.0B+25.7%
EPS (diluted)$0.80+25.0%

Balance sheet

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Cash & equivalents$2.8B+51.2%
Total equity$13.5B+33.3%
Total assets$21.7B+49.2%

Cash flow

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Operating cash flow$1.7B+164%
CapEx$54.5M+91.9%
Free cash flow$1.6B+167%

Valuation

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Market cap$213.64B+57.9%
P/E57.4×+12.7×
P/S22×+3.8×

Profitability

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Gross margin63.5%-0.6pp
Operating margin42.8%+0.5pp
Net margin38.3%-2.4pp

Returns & leverage

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Return on equity31.5%-2.2pp
Debt / equity0.0×
Current ratio2.8×-1.1×

Where this comes from

Calculated from Arista Networks’s reported figures.

Based on trailing twelve months.

The official record: Arista Networks’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Arista Networks's EBITDA margin?
Arista Networks (ANET) reported EBITDA margin of 43.6% in Q1 2026.
How has Arista Networks's EBITDA margin changed year-over-year?
Arista Networks's EBITDA margin increased by 1.3% year-over-year, from 43.1% to 43.6%.
What is the long-term trend for Arista Networks's EBITDA margin?
Over 4 years (2021 to 2025), Arista Networks's EBITDA margin has grown at a 7.6% compound annual growth rate (CAGR), from 129.8% to 174.2%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.