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ANET Revenue by Segments

Revenue by SegmentsRevenue by Segments

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The latest data point for ANET's revenue breakdown in Q1'26 shows total revenue reaching $2.71B USD, with the Product segment contributing $2.31B USD and the Service segment adding $398M USD, reflecting a robust quarterly performance driven primarily by product sales. Over the period from Q2'23 to Q1'26, ANET's Product revenue has exhibited strong overall growth, rising from $1.26B USD to $2.31B USD with consistent upward trends and notable accelerations in later quarters like Q3'25 ($1.91B USD) and Q4'25 ($2.10B USD), indicating expanding market demand. The Service segment has also grown steadily from $197M USD to $398M USD, though at a slower pace, maintaining a supportive role in the stacked total revenue which has more than doubled overall; no significant declines are observed, underscoring stable segment distribution with Products dominating at approximately 85% of total revenue in recent periods.