Arista Networks Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2021 | 63.8% | 31.4% | 28.5% |
| FY2022 | 61.1% | 34.9% | 30.9% |
| FY2023 | 61.9% | 38.5% | 35.6% |
| FY2024 | 67.2% | 44.1% | 42.7% |
| FY2025 | 64.1% | 42.8% | 39.0% |
When you combine ignorance and leverage, you get some pretty interesting results.