A10 Networks, Inc.ATENEarnings & Financial Report
A10 Networks, Inc. is an American public company specializing in the manufacturing of application delivery controllers. Founded in 2004 by Lee Chen, co-founder of Foundry Networks, A10 originally serviced just the identity management market with its line of ID Series products. In early 2007, they added bandwidth management appliances. The company had its initial public offering on March 21, 2014, raising $187.5 million.
Revenue
$60.7M
Gross Profit
$49.2M
Operating Profit
$7.2M
Net Profit
$9.7M
Gross Margin
81.1%
Operating Margin
11.9%
Net Margin
16.0%
YoY Growth
5.2%
EPS
$0.13
A10 Networks, Inc. Q1 FY2024 Financial Summary
A10 Networks, Inc. reported revenue of $60.7M (up 5.2% YoY) for Q1 FY2024, with a net profit of $9.7M (up 145.7% YoY) (16.0% margin). Cost of goods sold was $11.4M, operating expenses totaled $42.0M.
Key Financial Metrics
| Total Revenue | $60.7M |
|---|---|
| Net Profit | $9.7M |
| Gross Margin | 81.1% |
| Operating Margin | 11.9% |
| Report Period | Q1 FY2024 |
Revenue Breakdown
A10 Networks, Inc. Q1 FY2024 revenue of $60.7M breaks down across 2 segments, led by Service Providers at $37.7M (62.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Service Providers | $37.7M | 62.1% |
| Enterprises | $23.0M | 37.9% |
A10 Networks, Inc. Revenue by Segment — Quarterly Trend
A10 Networks, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Service Providers and Enterprises) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Service Providers | — | $47.8M | $41.6M | $39.0M |
| Enterprises | — | $26.9M | $27.8M | $27.1M |
A10 Networks, Inc. Annual Revenue by Year
A10 Networks, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $290.6M).
| Year | Annual Revenue |
|---|---|
| 2025 | $290.6M |
| 2024 | $261.7M |
| 2023 | $251.7M |
| 2022 | $280.3M |
A10 Networks, Inc. Quarterly Revenue & Net Profit History
A10 Networks, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $80.4M | +8.3% | $9.9M | 12.3% |
| Q3 FY2025 | $74.7M | +11.9% | $12.2M | 16.3% |
| Q2 FY2025 | $69.4M | +15.5% | $10.5M | 15.2% |
| Q1 FY2025 | $66.1M | +9.0% | $9.5M | 14.4% |
| Q4 FY2024 | $74.2M | +5.4% | $18.3M | 24.7% |
| Q3 FY2024 | $66.7M | +15.5% | $12.6M | 18.9% |
| Q2 FY2024 | $60.1M | -8.7% | $9.5M | 15.8% |
| Q1 FY2024 | $60.7M | +5.2% | $9.7M | 16.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $60.7M | $60.1M | $66.7M | $74.2M | $66.1M | $69.4M | $74.7M | $80.4M |
| YoY Growth | 5.2% | -8.7% | 15.5% | 5.4% | 9.0% | 15.5% | 11.9% | 8.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $395.7M | $397.2M | $407.7M | $432.8M | $606.2M | $607.9M | $620.1M | $629.8M |
| Liabilities | $181.3M | $182.8M | $190.5M | $201.0M | $410.3M | $403.9M | $413.9M | $418.3M |
| Equity | $214.3M | $214.4M | $217.3M | $231.8M | $195.9M | $204.0M | $206.2M | $211.5M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $32.4M | $12.2M | $20.1M | $25.7M | $17.2M | $22.2M | $22.8M | $22.7M |