Arista Networks Inc.
Profit Margins
| Period | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| Jun 2013 | 64.6% | 19.5% | 12.3% |
| Sep 2013 | 64.0% | 18.3% | 11.7% |
| Mar 2014 | 69.4% | 18.8% | 10.5% |
| Jun 2014 | 67.7% | 22.2% | 15.7% |
| Sep 2014 | 64.9% | 21.8% | 14.1% |
| Dec 2014 | 67.1% | 22.5% | 17.9% |
| Mar 2015 | 65.8% | 20.0% | 13.7% |
| Jun 2015 | 65.4% | 16.8% | 12.3% |
| Sep 2015 | 65.2% | 14.4% | 13.2% |
| Dec 2015 | 63.6% | 20.1% | 17.9% |
| Mar 2016 | 64.0% | 20.5% | 14.6% |
| Jun 2016 | 63.8% | 19.8% | 14.5% |
| Sep 2016 | 64.2% | 21.7% | 17.7% |
| Dec 2016 | 64.1% | 23.6% | 17.9% |
| Mar 2017 | 63.9% | 21.9% | 24.7% |
| Jun 2017 | 64.1% | 28.8% | 25.3% |
| Sep 2017 | 64.1% | 32.2% | 30.6% |
| Dec 2017 | 65.7% | 29.8% | 22.2% |
| Mar 2018 | 64.1% | 29.4% | 30.6% |
| Jun 2018 | 64.2% | -46.1% | -29.9% |
| Sep 2018 | 64.2% | 32.1% | 29.9% |
| Dec 2018 | 62.9% | 32.5% | 28.6% |
| Mar 2019 | 63.9% | 32.6% | 33.8% |
| Jun 2019 | 64.1% | 34.0% | 31.1% |
| Sep 2019 | 63.8% | 34.9% | 31.9% |
| Dec 2019 | 64.5% | 31.9% | 47.2% |
| Mar 2020 | 64.7% | 28.6% | 26.5% |
| Jun 2020 | 63.7% | 30.9% | 26.8% |
| Sep 2020 | 63.6% | 31.1% | 27.8% |
| Dec 2020 | 63.9% | 30.0% | 28.2% |
| Mar 2021 | 63.7% | 30.9% | 27.0% |
| Jun 2021 | 64.2% | 31.0% | 27.8% |
| Sep 2021 | 63.9% | 31.2% | 30.0% |
| Mar 2022 | 63.1% | 31.7% | 31.0% |
| Jun 2022 | 61.2% | 34.5% | 28.4% |
| Sep 2022 | 60.3% | 35.5% | 30.1% |
| Mar 2023 | 59.5% | 35.9% | 32.3% |
| Jun 2023 | 60.6% | 36.3% | 33.7% |
| Sep 2023 | 62.4% | 39.9% | 36.1% |
| Mar 2024 | 63.7% | 42.0% | 40.6% |
| Jun 2024 | 64.9% | 41.4% | 39.4% |
| Sep 2024 | 64.2% | 43.4% | 41.3% |
| Mar 2025 | 63.7% | 42.8% | 40.6% |
| Jun 2025 | 65.2% | 44.7% | 40.3% |
| Sep 2025 | 64.6% | 42.4% | 37.0% |
| Mar 2026 | 61.9% | 42.7% | 37.8% |
| Jun 2026 | 62.9% | 45.4% | 40.0% |
In the short run, the market is a voting machine but in the long run, it is a weighing machine.