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Gross margin at other companies

Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
64.3%-0.9pp
Astera Labs, Inc. logo
Astera Labs, Inc.ALAB
76%+0.2pp
Ciena logo
CienaCIEN
43%+1.1pp
Coherent logo
CoherentCOHR
36.8%+2.3pp
CoreWeave, Inc.
 logo
CoreWeave, Inc. CRWV
69.4%-4.9pp
Marvell Technology, Inc. logo
Marvell Technology, Inc.MRVL
51.5%+8.3pp

Other financials

Income statement

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Revenue$2.7B+35.1%
Gross profit$1.7B+31.4%
Operating income$1.2B+34.8%
Net income$1.0B+25.7%
EPS (diluted)$0.80+25.0%

Balance sheet

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Cash & equivalents$2.8B+51.2%
Total equity$13.5B+33.3%
Total assets$21.7B+49.2%

Cash flow

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Operating cash flow$1.7B+164%
CapEx$54.5M+91.9%
Free cash flow$1.6B+167%

Valuation

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Market cap$207.67B+57.9%
P/E55.8×+12.4×
P/S21.4×+3.7×

Profitability

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Operating margin42.8%+0.5pp
Net margin38.3%-2.4pp

Returns & leverage

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Return on equity31.5%-2.2pp
Debt / equity0.0×
Current ratio2.8×-1.1×

Where this comes from

Calculated from Arista Networks’s reported figures.

Based on trailing twelve months.

The official record: Arista Networks’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Arista Networks's gross margin?
Arista Networks (ANET) reported gross margin of 63.5% in Q1 2026.
How has Arista Networks's gross margin changed year-over-year?
Arista Networks's gross margin decreased by 0.9% year-over-year, from 64.1% to 63.5%.
What is the long-term trend for Arista Networks's gross margin?
Over 4 years (2021 to 2025), Arista Networks's gross margin has grown at a 0.1% compound annual growth rate (CAGR), from 255.3% to 256.7%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.