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Side-by-side financial comparison of A10 Networks, Inc. (ATEN) and ESTABLISHMENT LABS HOLDINGS INC. (ESTA). Click either name above to swap in a different company.
A10 Networks, Inc. is the larger business by last-quarter revenue ($75.0M vs $64.6M, roughly 1.2× ESTABLISHMENT LABS HOLDINGS INC.). On growth, ESTABLISHMENT LABS HOLDINGS INC. posted the faster year-over-year revenue change (45.2% vs 13.4%). Over the past eight quarters, ESTABLISHMENT LABS HOLDINGS INC.'s revenue compounded faster (31.9% CAGR vs 11.7%).
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.
Astera Labs, Inc. is an American fabless semiconductor manufacturer and artificial intelligence company. The company specializes in designing high-speed connectivity solutions for data centers and AI infrastructure. The company has been listed on the Nasdaq since March 2024.
ATEN vs ESTA — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $75.0M | $64.6M |
| Net Profit | $12.0M | — |
| Gross Margin | 79.6% | 70.5% |
| Operating Margin | 17.3% | -6.1% |
| Net Margin | 16.0% | — |
| Revenue YoY | 13.4% | 45.2% |
| Net Profit YoY | — | — |
| EPS (diluted) | $0.17 | $-0.07 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $75.0M | — | ||
| Q4 25 | $80.4M | $64.6M | ||
| Q3 25 | $74.7M | $53.8M | ||
| Q2 25 | $69.4M | $51.3M | ||
| Q1 25 | $66.1M | $41.4M | ||
| Q4 24 | $74.2M | $44.5M | ||
| Q3 24 | $66.7M | $40.2M | ||
| Q2 24 | $60.1M | $44.1M |
| Q1 26 | $12.0M | — | ||
| Q4 25 | $9.9M | — | ||
| Q3 25 | $12.2M | $-11.1M | ||
| Q2 25 | $10.5M | $-16.6M | ||
| Q1 25 | $9.5M | $-20.7M | ||
| Q4 24 | $18.3M | — | ||
| Q3 24 | $12.6M | $-16.7M | ||
| Q2 24 | $9.5M | $-17.2M |
| Q1 26 | 79.6% | — | ||
| Q4 25 | 78.7% | 70.5% | ||
| Q3 25 | 80.1% | 70.1% | ||
| Q2 25 | 78.9% | 68.8% | ||
| Q1 25 | 79.7% | 67.2% | ||
| Q4 24 | 79.9% | 68.5% | ||
| Q3 24 | 80.5% | 63.9% | ||
| Q2 24 | 80.0% | 65.6% |
| Q1 26 | 17.3% | — | ||
| Q4 25 | 18.7% | -6.1% | ||
| Q3 25 | 17.4% | -7.5% | ||
| Q2 25 | 14.9% | -27.5% | ||
| Q1 25 | 13.3% | -41.0% | ||
| Q4 24 | 24.8% | -41.9% | ||
| Q3 24 | 15.7% | -32.7% | ||
| Q2 24 | 13.2% | -21.2% |
| Q1 26 | 16.0% | — | ||
| Q4 25 | 12.3% | — | ||
| Q3 25 | 16.3% | -20.7% | ||
| Q2 25 | 15.2% | -32.3% | ||
| Q1 25 | 14.4% | -50.1% | ||
| Q4 24 | 24.7% | — | ||
| Q3 24 | 18.9% | -41.5% | ||
| Q2 24 | 15.8% | -38.9% |
| Q1 26 | $0.17 | — | ||
| Q4 25 | $0.13 | $-0.07 | ||
| Q3 25 | $0.17 | $-0.38 | ||
| Q2 25 | $0.14 | $-0.57 | ||
| Q1 25 | $0.13 | $-0.70 | ||
| Q4 24 | $0.24 | $-1.21 | ||
| Q3 24 | $0.17 | $-0.59 | ||
| Q2 24 | $0.13 | $-0.62 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $57.9M | $75.6M |
| Total DebtLower is stronger | $219.2M | — |
| Stockholders' EquityBook value | $220.8M | $23.5M |
| Total Assets | $634.4M | $357.2M |
| Debt / EquityLower = less leverage | 0.99× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $57.9M | — | ||
| Q4 25 | $684.6M | $75.6M | ||
| Q3 25 | $370.9M | $70.6M | ||
| Q2 25 | $367.4M | $54.6M | ||
| Q1 25 | $355.8M | $69.2M | ||
| Q4 24 | $195.6M | $90.3M | ||
| Q3 24 | $182.1M | — | ||
| Q2 24 | $177.1M | — |
| Q1 26 | $219.2M | — | ||
| Q4 25 | $218.8M | — | ||
| Q3 25 | $218.4M | — | ||
| Q2 25 | $218.1M | — | ||
| Q1 25 | $217.7M | — | ||
| Q4 24 | $0 | $0 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $220.8M | — | ||
| Q4 25 | $211.5M | $23.5M | ||
| Q3 25 | $206.2M | $16.4M | ||
| Q2 25 | $204.0M | $22.8M | ||
| Q1 25 | $195.9M | $38.5M | ||
| Q4 24 | $231.8M | $53.1M | ||
| Q3 24 | $217.3M | $32.7M | ||
| Q2 24 | $214.4M | $45.0M |
| Q1 26 | $634.4M | — | ||
| Q4 25 | $629.8M | $357.2M | ||
| Q3 25 | $620.1M | $338.9M | ||
| Q2 25 | $607.9M | $329.7M | ||
| Q1 25 | $606.2M | $333.4M | ||
| Q4 24 | $432.8M | $346.8M | ||
| Q3 24 | $407.7M | $282.7M | ||
| Q2 24 | $397.2M | $285.1M |
| Q1 26 | 0.99× | — | ||
| Q4 25 | 1.03× | — | ||
| Q3 25 | 1.06× | — | ||
| Q2 25 | 1.07× | — | ||
| Q1 25 | 1.11× | — | ||
| Q4 24 | 0.00× | 0.00× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.2M | $-162.0K |
| Free Cash FlowOCF − Capex | — | $-2.0M |
| FCF MarginFCF / Revenue | — | -3.1% |
| Capex IntensityCapex / Revenue | 3.9% | 2.8% |
| Cash ConversionOCF / Net Profit | 0.19× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-56.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.2M | — | ||
| Q4 25 | $22.7M | $-162.0K | ||
| Q3 25 | $22.8M | $-11.3M | ||
| Q2 25 | $22.2M | $-18.8M | ||
| Q1 25 | $17.2M | $-20.7M | ||
| Q4 24 | $25.7M | $-20.7M | ||
| Q3 24 | $20.1M | $-12.5M | ||
| Q2 24 | $12.2M | $-14.2M |
| Q1 26 | — | — | ||
| Q4 25 | $16.0M | $-2.0M | ||
| Q3 25 | $18.1M | $-13.1M | ||
| Q2 25 | $17.9M | $-20.4M | ||
| Q1 25 | $12.7M | $-21.5M | ||
| Q4 24 | $23.3M | $-21.3M | ||
| Q3 24 | $16.7M | $-13.9M | ||
| Q2 24 | $8.7M | $-15.0M |
| Q1 26 | — | — | ||
| Q4 25 | 20.0% | -3.1% | ||
| Q3 25 | 24.2% | -24.4% | ||
| Q2 25 | 25.9% | -39.7% | ||
| Q1 25 | 19.2% | -51.9% | ||
| Q4 24 | 31.4% | -47.8% | ||
| Q3 24 | 25.0% | -34.6% | ||
| Q2 24 | 14.5% | -33.9% |
| Q1 26 | 3.9% | — | ||
| Q4 25 | 8.3% | 2.8% | ||
| Q3 25 | 6.3% | 3.4% | ||
| Q2 25 | 6.1% | 3.2% | ||
| Q1 25 | 6.8% | 1.8% | ||
| Q4 24 | 3.2% | 1.2% | ||
| Q3 24 | 5.2% | 3.7% | ||
| Q2 24 | 5.8% | 1.8% |
| Q1 26 | 0.19× | — | ||
| Q4 25 | 2.30× | — | ||
| Q3 25 | 1.87× | — | ||
| Q2 25 | 2.10× | — | ||
| Q1 25 | 1.80× | — | ||
| Q4 24 | 1.40× | — | ||
| Q3 24 | 1.59× | — | ||
| Q2 24 | 1.29× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATEN
| Products | $44.0M | 59% |
| Services | $31.0M | 41% |
ESTA
Segment breakdown not available.
