A10 Networks, Inc.
ATEN NYSE· Computer Communications Equipment
Last close · Oct 23, 2026
$25.45
KIRA · Stoqly’s AI analyst, in plain words
- A10 Networks, Inc. had $291M of revenue in fiscal 2025, up 11.0% on the year before. Over five years, revenue changed +5.2% a year on average.
- Its operating margin was 16.2%, down 0.6 pts: of every 100 in sales, about 16 is left after running the business.
- A10 Networks, Inc. made $42.1M of net profit in fiscal 2025.
- Free cash flow was $64.8M in fiscal 2025, 22.3% of revenue.
- A10 Networks, Inc. returned $86.3M to shareholders in fiscal 2025, 133% of free cash flow. The diluted share count fell 2.3%.
- A10 Networks, Inc. has $159M more cash than debt.
Market cap
$1.9B
P/E
43.1x
Revenue
$291M
Net income
$42.1M
Free cash flow
$64.8M
Operating margin
16.2%
A10 Networks, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+11.0%
Yes. Sales grew 11.0% last year.
Does it make a profit?
14.5%
Yes. It keeps 14.5% of every sale as profit.
Does profit turn into cash?
22.3%
Yes. 22.3% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
How is the share priced?
43.1x
One share costs 43.1 times its yearly profit per share.
What A10 Networks, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 25, 2026
- Legal name
- A10 Networks, Inc.
- CIK
- 0001580808
A10 Networks, Inc. · ATEN
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $250M | $280M | $252M | $262M | $291M |
| Revenue growth | 10.9% | 12.1% | −10.2% | 4.0% | 11.0% |
| Gross margin | 78.6% | 79.7% | 80.9% | 80.4% | 79.3% |
| Operating margin | 13.4% | 18.9% | 15.4% | 16.8% | 16.2% |
| Net income | $94.9M | $46.9M | $40.0M | $50.1M | $42.1M |
| Net margin | 37.9% | 16.7% | 15.9% | 19.2% | 14.5% |
| Diluted EPS | $1.19 | $0.60 | $0.53 | $0.67 | $0.57 |
| Cash | |||||
| Cash from operations | $50.1M | $66.1M | $44.5M | $90.5M | $84.9M |
| Capital expenditure | $5.2M | $10.8M | $10.9M | $12.3M | $20.1M |
| Free cash flow | $44.9M | $55.3M | $33.6M | $78.2M | $64.8M |
| FCF margin | 18.0% | 19.7% | 13.4% | 29.9% | 22.3% |
| Dividends paid | $3.9M | $15.9M | $17.8M | $17.8M | $17.4M |
| Share buybacks | $18.3M | $79.3M | $16.0M | $30.1M | $68.9M |
| Share count change | 0.0% | −2.9% | −2.8% | −0.3% | −2.3% |
| Debt and strength | |||||
| Cash and short-term investments | $185M | $151M | $159M | $196M | $378M |
| Debt incl. finance leases | — | — | — | $0.0M | $219M |
| Shareholders' equity | $209M | $181M | $208M | $232M | $212M |
| Net debt / EBITDA | — | — | — | −3.5x | −2.6x |
| Current ratio | 2.4x | 2.2x | 2.4x | 2.5x | 3.6x |
| Interest coverage | — | — | — | — | 8.0x |
| Returns and quality | |||||
| Return on capital | — | — | — | 104.6% | 72.2% |
| Return on equity | 58.4% | 24.1% | 20.6% | 22.8% | 19.0% |
| Return on tangible equity | 45.7% | 26.1% | 19.3% | 21.8% | 22.2% |
| Piotroski F-score | 5 | 6 | 6 | 6 | 5 |
| Altman Z'' | 3.1 | 3.3 | 3.8 | 4.4 | 4.6 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$3.2M
4 insiders
Of sales under plans
79%
$2.5M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
A10 Networks, Inc. · ATEN
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $25.45 a share, the company is worth $1.9B: 43.1 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001580808). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.