Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 61.90% is in line with its 5-year average of 62.97%, around the middle of its 5-year range (59.53%–65.25%).
As of the fiscal period ended Tuesday, March 31, 2026. 2.74% below its 12-month average of 63.64%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
61.90%
GROSS MARGIN AVG TTM
63.64%
GROSS MARGIN AVG 3Y
63.25%
GROSS MARGIN AVG 5Y
62.97%
GROSS MARGIN AVG 10Y
63.95%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-2.74%
CURRENT VS 3Y AVG
-2.13%
CURRENT VS 5Y AVG
-1.70%
CURRENT VS 10Y AVG
-3.21%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
57.73%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
+7.22%
vs the sector median at left
Arista Networks, Inc.
Market Cap
$219.08B
Gross Margin
61.90%
TTM Avg
63.64%
3Y Avg
63.25%
5Y Avg
62.97%
Market Cap
$220.67B
Gross Margin
71.94%
TTM Avg
73.88%
3Y Avg
72.20%
5Y Avg
71.59%
Market Cap
$212.74B
Gross Margin
30.07%
TTM Avg
23.08%
3Y Avg
21.62%
5Y Avg
17.30%
Market Cap
$201.80B
Gross Margin
58.43%
TTM Avg
57.42%
3Y Avg
56.07%
5Y Avg
55.85%
Market Cap
$190.97B
Gross Margin
41.54%
TTM Avg
29.31%
3Y Avg
26.90%
5Y Avg
26.99%
Market Cap
$187.82B
Gross Margin
37.35%
TTM Avg
35.32%
3Y Avg
33.77%
5Y Avg
32.89%
Market Cap
$186.63B
Gross Margin
75.03%
TTM Avg
74.80%
3Y Avg
74.51%
5Y Avg
74.23%
Market Cap
$254.44B
Gross Margin
58.33%
TTM Avg
57.58%
3Y Avg
61.71%
5Y Avg
63.06%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Arista Networks, Inc. (ANET) | $219.08B | 61.90% | 63.64% | 63.25% | 62.97% |
| Palo Alto Networks, Inc. (PANW)vs › | $220.67B | 71.94% | 73.88% | 72.20% | 71.59% |
| Sandisk Corporation (SNDK)vs › | $212.74B | 30.07% | 23.08% | 21.62% | 17.30% |
| International Business Machines Corporation (IBM)vs › | $201.80B | 58.43% | 57.42% | 56.07% | 55.85% |
| Seagate Technology Holdings plc (STX)vs › | $190.97B | 41.54% | 29.31% | 26.90% | 26.99% |
| Amphenol Corporation (APH)vs › | $187.82B | 37.35% | 35.32% | 33.77% | 32.89% |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $186.63B | 75.03% | 74.80% | 74.51% | 74.23% |
| SAP SE (SAP)vs › | $186.44B | 72.79% | 72.91% | 72.70% | 72.53% |
| Texas Instruments Incorporated (TXN)vs › | $254.44B | 58.33% | 57.58% | 61.71% | 63.06% |
| Analog Devices, Inc. (ADI)vs › | $181.13B | 64.49% | 59.27% | 60.85% | 62.78% |
Gross Margin
61.9%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 61.90% |
| 2025-12-31 | 62.86% |
| 2025-09-30 | 64.56% |
| 2025-06-30 | 65.25% |
| 2025-03-31 | 63.65% |
| 2024-12-31 | 63.77% |
| 2024-09-30 | 64.15% |
| 2024-06-30 | 64.91% |
| 2024-03-31 | 63.73% |
| 2023-12-31 | 64.87% |
| 2023-09-30 | 62.43% |
| 2023-06-30 | 60.60% |
| 2023-03-31 | 59.53% |
| 2022-12-31 | 60.26% |
| 2022-09-30 | 60.33% |
| 2022-06-30 | 61.15% |
| 2022-03-31 | 63.15% |
| 2021-12-31 | 63.40% |
| 2021-09-30 | 63.93% |
| 2021-06-30 | 64.21% |
| 2021-03-31 | 63.71% |
| 2020-12-31 | 63.93% |
| 2020-09-30 | 63.58% |
| 2020-06-30 | 63.65% |
| 2020-03-31 | 64.67% |
| 2019-12-31 | 64.48% |
| 2019-09-30 | 63.76% |
| 2019-06-30 | 64.14% |
| 2019-03-31 | 63.92% |
| 2018-12-31 | 62.95% |
| 2018-09-30 | 64.19% |
| 2018-06-30 | 64.23% |
| 2018-03-31 | 64.11% |
| 2017-12-31 | 65.65% |
| 2017-09-30 | 64.12% |
| 2017-06-30 | 64.11% |
| 2017-03-31 | 63.85% |
| 2016-12-31 | 64.08% |
| 2016-09-30 | 64.22% |
| 2016-06-30 | 63.80% |
| 2016-03-31 | 64.03% |
| 2015-12-31 | 63.63% |
| 2015-09-30 | 65.16% |
| 2015-06-30 | 65.40% |
| 2015-03-31 | 65.77% |
| 2014-12-31 | 67.12% |
| 2014-09-30 | 64.94% |
| 2014-06-30 | 67.69% |
| 2014-03-31 | 69.38% |
| 2013-12-31 | 67.51% |
| 2013-09-30 | 64.00% |
| 2013-06-30 | 64.56% |
| 2013-03-31 | 68.67% |
| 2012-12-31 | 72.11% |
