The latest data point for ANET's Operation Income in Q4'25 shows a value of $1.03B USD, marking a sequential increase from $978.2M in Q3'25 and representing the highest quarterly figure in the observed period. Over the timeframe from Q1'23 to Q4'25, Operation Income has exhibited a robust upward trend, growing from $484.6M to $1.03B, with consistent quarter-over-quarter gains averaging around 10-15% in most periods, though a minor dip occurred in Q3'25. Year-over-year growth rates have generally declined from 74% in Q1'23 to 29% in Q4'25, indicating a maturing growth trajectory amid expanding scale, as visualized in the bar chart for absolute values and the overlaid line for YoY percentages.