Operating Income for Arista Networks (ANET)
According to Arista Networks's latest reported financial statements, the company's current operating income (TTM) is $3.86B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

ANET
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$3.86B
YoY change
+31.0%
5Y CAGR
+40.7%
Peak year (2025)
$3.86B
Cumulative operating income
$14.43B
Operating Income history chart for Arista Networks (ANET) from 2011 to 2025
Operating Income history table for Arista Networks (ANET) from 2011 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $3.86B | +31.0% | ||
| 2024 | $2.94B | +30.5% | ||
| 2023 | $2.26B | +47.8% | ||
| 2022 | $1.53B | +65.1% | ||
| 2021 | $924.74M | +32.2% | ||
| 2020 | $699.68M | -13.2% | ||
| 2019 | $805.77M | +194.8% | ||
| 2018 | $273.35M | -41.9% | ||
| 2017 | $470.27M | +93.2% | ||
| 2016 | $243.41M | +63.0% | ||
| 2015 | $149.31M | +19.0% | ||
| 2014 | $125.51M | +89.7% | ||
| 2013 | $66.15M | +65.8% | ||
| 2012 | $39.90M | -10.1% | ||
| 2011 | $44.40M | — |
Operating Income values are taken from Arista Networks's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Arista Networks (ANET) operating income is $3.86B – surged 31.0% year-over-year.
Arista Networks operating income compound annual growth for the 2020–2025 (5 years) window is +40.7%, sustaining 5 straight years of year-over-year growth.
The dataset's maximum operating income sits at $3.86B (2025); the minimum reading of $39.90M dates to 2012.
Within Technology, Arista Networks (ANET) ranks 8th among 8 peers we track. The peer median for operating income is $77.01B.
Arista Networks Operating Income by Year
Arista Networks Operating Income 2025: $3.86B
Arista Networks operating income in 2025 was $3.86B, surged 31.0% from 2024. This figure represents the highest annual value in the available history.
Arista Networks Operating Income 2024: $2.94B
Arista Networks operating income in 2024 was $2.94B, surged 30.5% from 2023.
Arista Networks Operating Income 2023: $2.26B
Arista Networks operating income in 2023 was $2.26B, surged 47.8% from 2022.
Arista Networks Operating Income 2022: $1.53B
Arista Networks operating income in 2022 was $1.53B, surged 65.1% from 2021.
Arista Networks Operating Income 2021: $924.74M
Arista Networks operating income in 2021 was $924.74M.
See more financial history for Arista Networks (ANET).
Sector peers — Operating Income
Companies in the same sector as Arista Networks, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.96T | Technology |
| Apple Inc. (AAPL) | $133.05B | Technology |
| NVIDIA Corporation (NVDA) | $130.39B | Technology |
| Microsoft Corporation (MSFT) | $128.53B | Technology |
| Broadcom Inc. (AVGO) | $25.48B | Technology |
| ASML Holding N.V. (ASML) | $11.30B | Technology |
| Micron Technology, Inc. (MU) | $9.87B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $3.69B | Technology |
Frequently asked questions
What is Arista Networks's operating income?
- Latest reported operating income for Arista Networks (ANET) is $3.86B (period ending December 31, 2025).
How has Arista Networks operating income changed year-over-year?
- Arista Networks (ANET) operating income changed +31.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Arista Networks operating income?
- Arista Networks (ANET) operating income compound annual growth rate is +40.7% over the most recent 5 years available.
When did Arista Networks operating income hit its highest annual value?
- Arista Networks operating income reached its highest annual value of $3.86B in 2025.
What was Arista Networks operating income in 2024?
- Arista Networks (ANET) operating income in 2024 was $2.94B.
What was Arista Networks operating income in 2025?
- Arista Networks (ANET) operating income in 2025 was $3.86B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
ANET Overview
Company profile, financial tools, and key metrics
ANET Revenue Counter
Earns $285.57 every second. See per minute, hour, and day.
ANET Earnings Counter
Earns $111.35 per second net profit. See per minute, hour, and day.
ANET Economic Scale
Exceeds New Caledonia's GDP. Compare with world economies.
ANET What If Invested
What if you had invested $1,000? See historical returns from any date.
ANET How It Makes Money
Discover visual breakdown of $9.01B in revenue — where it comes from and where it goes.
ANET Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
ANET Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
ANET Daily Price Character
Explosive · 53.7% historical win rate (green days). Streaks & record days.
ANET Buybacks
0.97% TTM buyback yield. Shareholder yield & SBC comparison.
ANET Stock Split History
2 splits on record. Dates, ratios, and cumulative multiple.