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Arista Networks (ANET) gross margin by quarter

Arista Networks' gross margin was 63.6% in Q3 2026 (third quarter 2026), +0.7 pts from Q2 2026. Over the last 7 quarters it ranged from 61.9% (Q1 2026) to 65.2% (Q2 2025).

Arista Networks gross margin by quarterArista Networks gross margin by quarter63.7%Q1 202565.2%Q2 202564.6%Q3 202562.9%Q4 202561.9%Q1 202662.9%Q2 202663.6%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202663.6%+0.7 pts-1.0 pts
Q2 202662.9%+1.0 pts-2.3 pts
Q1 202661.9%-1.0 pts-1.8 pts
Q4 202562.9%-1.7 pts—
Q3 202564.6%-0.7 pts—
Q2 202565.2%+1.6 pts—
Q1 202563.7%——

Q3 2026 at a glance

Arista Networks, Q3 2026: revenue $3.7B (+58% year over year), operating margin 44.9%, net earnings $1.6B, operating cash flow $1.2B. The chart follows the revenue to costs, profit and cash.

Questions

What is Arista Networks' gross margin?

Arista Networks' gross margin was 63.6% in Q3 2026 (third quarter 2026), +0.7 pts from Q2 2026.

How has Arista Networks' gross margin changed?

Over the last 7 quarters it ranged from 61.9% (Q1 2026) to 65.2% (Q2 2025).

Q3 2026 results → · How Arista Networks makes money →