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Arista Networks ANET Total Operating Expenses

Total Operating Expenses at other companies

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Cisco Systems, Inc.CSCO
$6.12B+0.7%
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Extreme NetworksEXTR
$178.2M+8.0%
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NetgearNTGR
$77.89M+12.7%
Astera Labs, Inc. logo
Astera Labs, Inc.ALAB
$173.31M+60.3%
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CienaCIEN
$453.68M+8.0%
A10 Networks logo
A10 NetworksATEN
$46.73M+6.4%

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+51.1%
Total debt$59.6M-9.0%
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$213.91B+67.7%
P/E57.5×+18.3×
P/S22×+6.0×

Profitability

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Gross margin63.5%-0.6pp
Operating margin42.8%+0.5pp
Net margin38.3%-2.4pp
FCF margin54.4%+3.5pp

Returns & leverage

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

Where this comes from

Reported directly by Arista Networks in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

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 total operating expenses?
Arista Networks (ANET) reported total operating expenses of $519M in Q1 2026.
How has Arista Networks's total operating expenses changed year-over-year?
Arista Networks's total operating expenses increased by 24.4% year-over-year, from $417.3M to $519M.
What is the long-term trend for Arista Networks's total operating expenses?
Over 4 years (2021 to 2025), Arista Networks's total operating expenses has grown at a 18.9% compound annual growth rate (CAGR), from $956.04M to $1.91B.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.