A10 Networks, Inc. ATEN R2K
Company Overview
A10 Networks, Inc. provides secure application and network infrastructure solutions in the United States, the rest of Americas, Japan, rest of the Asia Pacific, Europe, the Middle East, and Africa. The company offers security products, such as ThreatX, a web application protection platform; A10 Defend DDoS Detector, a network-wide anomaly detection product; A10 Defend DDoS Orchestrator, a defense, orchestration, and management product; A10 Defend DDoS Mitigator, a mitigation product with automation; A10 Defend Threat Control, an attack SaaS platform; and Defend Next-Gen WAF, an integrated application delivery and web application firewall. It also provides infrastructure products, including A10 Thunder ADC, an application delivery controller and load balancer; A10 Thunder CFW, a consolidated network security platform with stateful firewall, IPsec VPN, CGN, ADC, SSLi, and secure web gateway; A10 Thunder CGN, a NAT, IPv4 preservation and IPv6 migration product; and SSL insight in Thunder CFW, a TLS and SSL decryption for real-time visibility into encryption traffic under the SSLi brand. In addition, the company provides centralized management and analytics comprising A10 Control, a centralized, management, control, and analytics platform for agile operations and automation. It serves telecommunications, technology, financial services, public sector, industrial, retail, gaming, and education industries through distribution channels, distributors, value added resellers, and system integrators. The company was incorporated in 2004 and is headquartered in San Jose, California.
Why Investors Should Care
Generates a return on equity of 21.4%, reflecting efficient use of shareholder capital.
Operating margin of 17.3% supports profitability.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $290.56M (+11.0% YoY); net profit $42.14M.
- Trailing 12 Months Year-on-year growth — revenue +13.4%, earnings +29.4%.
- 5-Year Trend Long-term compounding — revenue CAGR 1.2%, profit CAGR -3.5%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 1.20% |
| 1 Year: | 13.40% |
Compounded Profit Growth
| 5 Years: | -3.51% |
| 1 Year: | 29.40% |
Stock Price Performance
| 1 Year: | +106.28% |
| 6 Months: | +109.69% |
| 3 Months: | +45.22% |
| 1 Month: | +14.29% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)58.01 · Neutral
P/E of 59.51 is above the sector median of 34.66 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 21.4%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 59.5.
- Earnings shrank at -3.5% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ATEN A10 Networks, Inc. R2K | 36.30 | 59.51 | $2.61B | 0.65% | 9.50% | 21.42% | 1.20% | -3.51% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 212.50 | 32.59 | $5.15T | 0.47% | 74.66% | 114.29% | 24.64% | 32.12% |
| 3 | AAPL Apple Inc. NDXSPX | 327.50 | 39.60 | $4.81T | 0.37% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 395.63 | 23.96 | $2.94T | 0.95% | 26.90% | 34.01% | 9.48% | 10.85% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 419.48 | 36.41 | $2.18T | 0.90% | 30.20% | 36.21% | 18.94% | 19.57% |
| 6 | AVGO Broadcom Inc. NDXSPXAI | 394.28 | 64.96 | $1.88T | 0.68% | 16.70% | 37.28% | 24.38% | 26.24% |
| 7 | MU Micron Technology, Inc. NDXSPXAI | 904.28 | 20.44 | $1.02T | 0.05% | 13.69% | 66.64% | 13.68% | 26.02% |
| 8 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 529.14 | 172.36 | $862.82B | 0.00% | 6.33% | 8.06% | 13.64% | 48.64% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,815.27 | 59.79 | $699.64B | 0.51% | 42.97% | 52.24% | 15.55% | 19.55% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jun 2015 | Sep 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | 63.93M | 53.97M | 62.01M | 55.52M | 49.18M | 60.71M | 60.50M | 61.83M | 50.29M | 49.19M | 52.83M | 60.32M | 53.76M | 52.50M | 56.61M | 62.66M | 54.84M | 59.17M | 65.36M | 70.67M | 62.67M | 67.97M | 72.06M | 77.63M | 57.69M | 65.82M | 57.77M | 60.67M | 60.10M | - | 66.14M | 69.38M | 74.68M | 80.36M | 75.00M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.44M | 14.67M | 14.83M | 17.10M | 15.28M |
| Gross Profit | 35.94M | 38.06M | 40.58M | 42.92M | 42.12M | 49.19M | 41.17M | 48.14M | 43.61M | 37.30M | 47.53M | 47.49M | 48.01M | 38.04M | 37.92M | 40.91M | 46.88M | 41.62M | 41.08M | 43.48M | 49.19M | 42.34M | 45.54M | 52.17M | 56.49M | 49.83M | 54.49M | 57.29M | 61.89M | 47.48M | 52.35M | 46.77M | 49.23M | 48.06M | - | 52.70M | 54.71M | 59.85M | 63.26M | 59.72M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 43.92M | 44.40M | 46.86M | 48.20M | 46.73M |
| Operating Income | -9.43M | -8.63M | -9.42M | -5.77M | -4.55M | -1.76M | -7.73M | -1.73M | - | -20.00M | -3.69M | -1.57M | - | -10.97M | -6.42M | 219.00K | - | -209.00K | 3.92M | 6.24M | - | 4.02M | 7.22M | 10.30M | - | 8.00M | 13.14M | 15.67M | - | 6.17M | 12.27M | 2.21M | 7.21M | 7.92M | - | 8.78M | 10.31M | 12.99M | 15.06M | 13.00M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.96M | 16.99M | 16.79M | 30.67M | 20.35M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 90.00K | 1.38M | - | - | 2.16M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10.48M | 11.93M | 13.99M | 16.02M | 14.22M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 935.00K | 1.39M | 1.80M | 6.16M | 2.19M |
| Net Income | -9.98M | -8.97M | -9.54M | -4.93M | -4.68M | -1.34M | -7.96M | -2.25M | 786.00K | -19.67M | -4.53M | -1.81M | -1.61M | -12.27M | -5.77M | 173.00K | 51.00K | -297.00K | 3.81M | 6.46M | 7.84M | 2.66M | 6.62M | 74.89M | 10.73M | 6.35M | 10.42M | 12.11M | 18.03M | 3.96M | 11.63M | 6.47M | 9.73M | 9.48M | - | 9.54M | 10.54M | 12.19M | 9.87M | 12.03M |
| Diluted EPS | -0.16 | - | - | - | - | -0.02 | -0.11 | -0.03 | 0.01 | -0.27 | -0.06 | -0.02 | -0.02 | -0.16 | -0.08 | 0.00 | 0.00 | 0.00 | 0.05 | 0.08 | 0.10 | 0.03 | 0.08 | 0.94 | 0.13 | 0.08 | 0.13 | 0.16 | 0.24 | 0.05 | 0.15 | 0.09 | 0.13 | 0.13 | - | 0.13 | 0.14 | 0.17 | 0.14 | 0.17 |
| R&D Expense | 13.67M | 13.56M | 14.78M | 14.49M | 15.97M | 17.04M | 16.49M | 16.00M | - | 18.80M | 15.57M | 15.51M | - | 16.17M | 14.62M | 15.78M | - | 15.31M | 13.45M | 13.69M | - | 13.98M | 13.49M | 13.58M | - | 12.89M | 14.23M | 14.36M | - | 11.66M | 13.96M | 17.62M | 14.06M | 14.74M | 15.73M | 15.90M | 16.26M | 18.38M | - | 19.02M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 120.07M | 141.74M | 179.51M | 196.28M | 227.30M | 235.43M | 232.22M | 212.63M | 225.53M | - | 280.34M | 251.70M | 261.70M | 290.56M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | 56.83M | 47.96M | 51.42M | 60.04M |
| Gross Profit | 95.56M | 108.34M | 136.57M | 147.88M | 172.88M | 182.11M | 180.33M | 163.75M | 175.38M | - | 223.51M | 203.74M | 210.28M | 230.51M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | 170.43M | 165.09M | 166.31M | 183.37M |
| Operating Income | -87.02M | -22.84M | -30.27M | -40.31M | -20.57M | -10.37M | -27.68M | -17.09M | 17.73M | - | 53.08M | 38.65M | 43.97M | 47.14M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | 61.76M | 47.99M | 55.26M | 73.63M |
| Interest Expense | - | - | - | - | - | - | - | - | - | 2.15M | 1.67M | - | - | 6.35M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | 52.72M | 43.80M | 58.10M | 52.42M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | 5.81M | 3.83M | 7.96M | 10.29M |
| Net Income | -90.15M | -27.10M | -34.72M | -41.90M | -22.39M | -10.75M | -27.62M | -17.82M | 17.82M | - | 46.91M | 39.97M | 50.14M | 42.14M |
| Diluted EPS | -10.80 | -3.14 | -0.74 | - | - | - | -0.38 | -0.23 | 0.22 | - | 0.60 | 0.24 | 0.67 | 0.57 |
| R&D Expense | 25.51M | 33.35M | 49.90M | 54.84M | 60.70M | 62.99M | 65.16M | 61.82M | 58.06M | 54.08M | 58.40M | 55.23M | 57.73M | 69.10M |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 93.79M | 186.98M | 189.89M | 216.73M | 224.86M | 235.88M | 274.05M | 290.81M | 393.08M | 369.11M | 389.81M | 432.81M | 629.81M |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | 256.99M | 271.82M | 307.29M | 475.95M |
| Cash & Equivalents | 19.05M | 23.87M | 20.79M | 91.91M | 98.12M | 28.98M | 46.57M | 40.62M | 45.74M | 83.28M | 78.92M | 67.97M | 97.24M | 95.13M | 71.14M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | 19.69M | 23.52M | 22.00M | 18.03M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | 72.93M | 74.31M | 76.69M | 62.07M |
| Total Liabilities | - | - | 102.50M | 90.42M | 111.69M | 133.98M | 126.47M | 131.99M | 165.27M | 174.84M | 184.20M | 188.09M | 181.93M | 200.99M | 418.27M |
| Current Liabilities | - | - | 63.60M | 70.69M | 87.04M | 101.42M | 92.73M | 97.37M | 97.58M | 107.78M | 116.08M | 118.25M | 111.07M | 123.57M | 133.65M |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 218.79M |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | 21.64M | 16.82M | 11.94M | 227.76M |
| Total Equity | -25.59M | -111.89M | -134.88M | 96.56M | 78.20M | 82.75M | 98.39M | 103.88M | 108.79M | 115.97M | 208.89M | 181.01M | 207.88M | 231.83M | 211.55M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | 87.12M | 89.00M | 90.52M | 92.00M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 3.21M | -25.13M | -30.54M | 3.39M | 18.78M | 14.31M | -2.69M | -426.00K | 55.29M | - | 66.10M | 44.51M | 90.49M | 84.89M |
| Investing Cash Flow | -4.24M | -2.99M | -6.10M | -3.48M | -96.36M | -5.14M | -6.88M | -251.00K | 5.20M | - | 11.09M | 13.61M | -48.35M | -243.64M |
| Financing Cash Flow | 5.85M | 25.05M | 107.75M | 6.30M | 8.44M | 8.42M | 3.62M | 5.80M | -22.95M | - | -88.14M | -28.85M | -44.26M | 134.75M |
| Capital Expenditure | -4.24M | -2.99M | -6.10M | -3.48M | -4.87M | -5.73M | -2.80M | -4.34M | -3.56M | - | -10.80M | -10.90M | -12.27M | -20.13M |
| Free Cash Flow | -1.03M | -28.13M | -36.64M | -86.00K | 13.91M | 8.58M | -5.49M | -4.77M | 51.72M | - | 55.30M | 33.62M | 78.22M | 64.77M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | -10.95M | 29.27M | -2.12M | -23.99M |
| Share Buybacks | - | - | 0 | 0 | 1.80M | 3.07M | 0 | 0 | 32.54M | 18.27M | 79.26M | 15.97M | 30.08M | 68.92M |
| Dividends Paid | - | - | - | - | - | - | - | 0 | 0 | 3.88M | 15.92M | 17.82M | 17.80M | 17.37M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 79.6% | 76.4% | 76.1% | 75.3% | 76.1% | 77.4% | 77.7% | 77.0% | 77.8% | - | 79.7% | 80.9% | 80.4% | 79.3% |
| Operating Margin % | -72.5% | -16.1% | -16.9% | -20.5% | -9.0% | -4.4% | -11.9% | -8.0% | 7.9% | - | 18.9% | 15.4% | 16.8% | 16.2% |
| Net Margin % | -75.1% | -19.1% | -19.3% | -21.3% | -9.9% | -4.6% | -11.9% | -8.4% | 7.9% | - | 16.7% | 15.9% | 19.2% | 14.5% |
| ROE % | 80.6% | 20.1% | -36.0% | -53.6% | -27.1% | -10.9% | -26.6% | -16.4% | 15.4% | - | 25.9% | 19.2% | 21.6% | 19.9% |
| ROCE % | - | -75.6% | -26.0% | -39.2% | -17.8% | -7.8% | -20.0% | -9.7% | 9.7% | - | 21.2% | 13.9% | 14.2% | 9.5% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 18.18% | 13.09M | $492.64M |
| 2 | Penserra Capital Management LLC | 4.99% | 3.59M | $135.28M |
| 3 | Vanguard Portfolio Management LLC | 4.71% | 3.39M | $127.52M |
| 4 | Vanguard Capital Management LLC | 4.33% | 3.12M | $117.48M |
| 5 | State Street Corporation | 4.29% | 3.09M | $116.31M |
| 6 | Boston Trust Walden Corporation | 3.02% | 2.17M | $81.80M |
| 7 | Wellington Management Group, LLP | 2.88% | 2.07M | $78.08M |
| 8 | Barclays Plc | 2.60% | 1.87M | $70.56M |
| 9 | Renaissance Technologies, LLC | 2.48% | 1.78M | $67.19M |
| 10 | First Trust Advisors LP | 2.39% | 1.72M | $64.73M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for ATEN
A10 Networks to Announce Second Quarter 2026 Financial Results on August 5, 2026
SAN JOSE, Calif., July 08, 2026--A10 Networks (NYSE: ATEN) today announced that the company’s second quarter 2026 financial results will be released after the markets close on Wednesday, August 5, 2026. Management will host a call that day …
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Here is how Applied Materials (AMAT) and A10 Networks (ATEN) have performed compared to their sector so far this year.
A10 Networks Acquires TrojAI Inc., Expanding AI Roadmap
SAN JOSE, Calif., June 15, 2026--A10 Networks (NYSE: ATEN) today announced that it has acquired TrojAI, an AI security company focused on helping organizations secure, test and govern AI applications and agentic workflows. The acquisition s…
How The A10 Networks (ATEN) Story Is Shifting As The Blended Target Tops US$30
The latest update nudges A10 Networks’ fair value estimate to US$30.03 from US$29.86, placing the blended price target just above the US$30 mark. Analysts are split, with several firms lifting their targets while one turns more cautious. Th…
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Here is how Applied Materials (AMAT) and A10 Networks (ATEN) have performed compared to their sector so far this year.
ATEN — Frequently Asked Questions
What is the current share price of A10 Networks, Inc. (ATEN)?
As of 2026-07-15 16:51 PDT, A10 Networks, Inc. (ATEN) trades at $36.30 on NYSE. Its 52-week range is $16.47 to $38.11.
What is the market capitalisation of ATEN?
A10 Networks, Inc. (ATEN) has a market capitalisation of $2.61B on NYSE.
What is the P/E ratio of ATEN?
ATEN trades at a trailing price-to-earnings (P/E) ratio of 59.51. The industry average P/E is 34.66. Its price-to-book (P/B) ratio is 12.23.
Does ATEN pay a dividend?
A10 Networks, Inc. (ATEN) currently offers a dividend yield of 0.65%.
What is the return on equity (ROE) of ATEN?
ATEN has a return on equity (ROE) of 21.42%. Its return on capital employed (ROCE) is 9.50%.
Is ATEN a good stock to buy?
This page provides a data-driven analysis of A10 Networks, Inc. (ATEN), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.