Arista Networks Q1 FY26: where the revenue came from and where it went
The whole income statement of Arista Networks for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- May 6, 2026
Revenue$2.71B
+35% year over year
Gross profit$1.68B
62% margin
Operating profit$1.16B
43% margin
Net profit$1.02B
38% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.71 | 100% | +35% |
| Americas | 2.29 | 84% | +43% |
| EMEA | 0.24 | 9% | +35% |
| Asia Pacific | 0.18 | 7% | −21% |
| Cost of revenue | −1.03 | 38% | |
| Gross profit | 1.68 | 62% margin | −2pp |
| R&D | −0.34 | 13% | −1pp |
| Sales & marketing | −0.14 | 5% | −1pp |
| G&A | −0.03 | 1% | +0pp |
| Operating profit | 1.16 | 43% margin | +0pp |
| Other income, net | 0.11 | ||
| Tax | −0.25 | ||
| Net profit | 1.02 | 38% margin | −3pp |
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