ANET · News · 20261021N
Operating Margin Drivers
Arista Networks, Inc. · 2026-10-21 · Importance 13 · Surprise 6 · In source text
Arista Networks’ latest quarterly GAAP operating margin was reported at 45%. The reported margin exceeded Cisco Systems’ comparable 25% GAAP operating margin by 20 percentage points. The digest did not identify specific gross-margin, operating-expense, or product-mix drivers for Arista’s margin level.
Key facts
- Arista Networks' latest quarterly GAAP operating margin was 45%. source
- Arista Networks has a forward P/E of 39x. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| margin | unclear | realized | — | Arista Networks' latest quarterly GAAP operating margin was 45%. |