A10 Network

A10 Network

ATEN · NYSE · Technology / Software - Infrastructure

28.66USD-0.64 (-2.18%)

Price History

Full chart

Market Stats

Previous Close29.30
Open29.54
Day Range28.28 – 29.54
52-Week Range16.40 – 38.41
Volume1.86M
Market Cap1.87B
P/E (TTM)44.36
Forward P/E23.26
EPS0.58
Dividend Yield0.92%
Beta1.12
50-Day Avg28.13
200-Day Avg25.39

About

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.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. Dhrupad Trivedi Ph.D.
  • Employees494
  • Headquarters2300 Orchard Parkway, San Jose, CA, United States, 95131, USA
  • Websitehttps://www.a10networks.com

Leadership

  • Mr. Dhrupad Trivedi Ph.D.Board Chair, President & CEO · b. 1967
  • Ms. Michelle CaronChief Financial Officer · b. 1968
  • Mr. Scott Weber J.D.Executive VP, Chief Risk & Compliance Officer, General Counsel and Corporate Secretary · b. 1966
  • Mr. Bret SloanHead of Global Operations
  • Mr. David SchroederVice President of Corporate Development
  • Mr. Andrew KimVice President of Worldwide Human Resources
  • Mr. Greg BarnesManaging Director of Australia & New Zealand
  • Mr. Sean PikeHead of Information Security
  • Mr. Toru KawaguchiVP of Sales and President & Country Manager of Japan KK
  • Rich GrovesDirector of Threat Intelligence & MLOps

Financials

Income Statement

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue91.28M120.07M141.74M179.51M198.96M230.00M235.43M232.22M212.63M225.53M250.04M280.34M251.70M261.70M290.56M
Growth (%)-+31.54%+18.05%+26.65%+10.83%+15.61%+2.36%-1.36%-8.44%+6.07%+10.87%+12.12%-10.22%+3.97%+11.03%
Cost of Revenue18.48M24.51M33.40M42.94M48.77M54.91M53.32M51.90M48.88M50.15M53.51M56.83M47.96M51.42M60.04M
Gross Profit72.80M95.56M108.34M136.57M150.19M175.09M182.11M180.33M163.75M175.38M196.54M223.51M203.74M210.28M230.51M
Gross Margin79.76%79.59%76.44%76.08%75.49%76.13%77.35%77.65%77.01%77.76%78.60%79.73%80.94%80.35%79.34%
Operating Expense63.79M182.58M131.19M166.84M188.63M194.21M192.48M208.01M180.84M157.65M163.15M170.43M165.09M166.31M183.37M
Operating Income9.01M-87.02M-22.84M-30.27M-38.45M-19.12M-10.37M-27.68M-17.09M17.73M33.39M53.08M38.65M43.97M47.14M
Operating Margin9.87%-72.48%-16.12%-16.86%-19.32%-8.31%-4.41%-11.92%-8.04%7.86%13.35%18.93%15.35%16.80%16.22%
EBITDA11.81M-83.96M-17.88M-22.06M-30.06M-12.94M-1.86M-18.61M-6.15M24.74M42.70M61.76M38.65M76.78M67.28M
EBITDA Margin12.94%-69.93%-12.62%-12.29%-15.11%-5.63%-0.79%-8.01%-2.89%10.97%17.08%22.03%15.35%29.34%23.16%
Net Income7.30M-90.15M-27.10M-34.72M-40.03M-20.94M-10.75M-27.62M-17.82M17.82M94.89M46.91M39.97M50.14M42.14M
Net Income Margin8.00%-75.08%-19.12%-19.34%-20.12%-9.10%-4.57%-11.89%-8.38%7.90%37.95%16.73%15.88%19.16%14.50%
R&D16.65M25.51M33.35M49.90M54.84M60.70M62.99M65.16M61.82M58.06M54.08M58.40M55.23M57.73M69.10M
R&D as % of Total Revenue18.24%21.25%23.53%27.80%27.57%26.39%26.76%28.06%29.08%25.75%21.63%20.83%21.94%22.06%23.78%
Interest Expense241.00K135.00K1.50M1.03M509.00K424.00K0129.00K237.00K1.00K2.15M1.67M69.00K7.38M6.35M
Interest Expense % of Total Revenue0.26%0.11%1.05%0.57%0.26%0.18%0.00%0.06%0.11%0.00%0.86%0.59%0.03%2.82%2.18%

Balance Sheet

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets--76.79M93.79M186.98M189.89M216.73M224.86M235.88M274.05M290.81M393.08M369.11M389.81M432.81M629.81M
Total Liabilities--146.95M102.50M70.69M87.04M101.42M126.47M97.37M165.27M174.84M184.20M188.09M181.93M200.99M418.27M
Total Equity---70.16M-8.71M96.56M78.20M82.75M98.39M103.88M108.79M115.97M208.89M181.01M207.88M231.83M211.55M
Cash--23.87M20.79M91.91M98.12M28.98M46.57M40.62M45.74M83.28M78.92M67.97M97.24M95.13M71.14M
Total Debt--5.63M20.00M-----33.16M28.76M23.30M21.64M16.82M11.94M222.63M
Net Debt---18.24M-793.00K-91.91M-98.12M-28.98M-46.57M-40.62M-12.59M-54.52M-55.63M-46.33M-80.42M-83.19M151.50M

Cash Flow

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow18.51M3.21M-25.13M-30.54M3.39M18.78M14.31M-2.69M-426.00K55.29M50.10M66.10M44.51M90.49M84.89M
Investing Cash Flow-4.73M-4.24M-2.99M-6.10M-3.48M-96.36M-5.14M-6.88M-251.00K5.20M-38.07M11.09M13.61M-48.35M-243.64M
Financing Cash Flow-1.60M5.85M25.05M107.75M6.30M8.44M8.42M3.62M5.80M-22.95M-16.38M-88.14M-28.85M-44.26M134.75M
Capital Expenditure4.73M4.24M2.99M6.10M3.48M6.37M5.73M2.80M4.34M3.56M5.17M10.80M10.90M12.27M20.13M
Free Cash Flow13.78M-1.03M-28.13M-36.64M-86.00K12.41M8.58M-5.49M-4.77M51.72M44.93M55.30M33.62M78.22M64.77M
Dividends Paid---00003.88M3.88M3.88M3.88M15.92M17.82M17.80M17.37M
FCF to OCF74.44%-32.00%111.91%119.98%-2.54%66.07%59.94%203.82%1118.78%93.55%89.68%83.66%75.52%86.44%76.29%
Dividend Paid to FCF---0.00%0.00%0.00%0.00%-70.66%-81.41%7.50%8.64%28.79%53.00%22.75%26.82%

Earnings

Report DateMay 1, 2014Jul 30, 2014Oct 30, 2014Feb 10, 2015May 4, 2015Jul 30, 2015Oct 29, 2015Feb 9, 2016Apr 28, 2016Jul 28, 2016Oct 27, 2016Feb 9, 2017Apr 27, 2017Jul 27, 2017Oct 26, 2017Mar 16, 2018Apr 27, 2018Aug 30, 2018Oct 30, 2018Feb 7, 2019Apr 25, 2019Jul 30, 2019Oct 30, 2019Feb 11, 2020May 7, 2020Jul 28, 2020Oct 27, 2020Feb 9, 2021Apr 27, 2021Jul 27, 2021Oct 28, 2021Feb 1, 2022May 3, 2022Aug 2, 2022Nov 1, 2022Feb 7, 2023May 4, 2023Jul 26, 2023Nov 7, 2023Feb 6, 2024Apr 30, 2024Jul 30, 2024Nov 7, 2024Feb 4, 2025May 1, 2025Aug 5, 2025Nov 4, 2025Feb 4, 2026Apr 28, 2026Aug 5, 2026Nov 3, 2026
EPS Estimate-0.11-0.08-0.12-0.16-0.20-0.15-0.09-0.07-0.08-0.05-0.010.02-0.00-0.05-0.010.02-0.01-0.02-0.010.01-0.07-0.040.040.070.020.080.100.160.110.110.140.190.110.150.180.210.130.180.140.260.160.170.190.220.180.200.210.240.230.200.20
EPS Actual-0.06-0.09-0.15-0.20-0.15-0.09-0.07-0.06-0.06-0.02-0.000.030.01-0.040.030.06-0.010.020.030.05-0.10-0.080.020.100.050.090.130.170.120.130.170.200.130.170.200.240.130.190.160.250.170.180.210.310.200.210.230.260.240.15-
Surprise45.45%-12.50%-25.00%-25.00%25.00%40.00%22.22%14.29%25.00%60.00%85.00%50.00%377.78%20.00%400.00%200.00%0.00%200.00%400.00%400.00%-42.86%-90.50%-50.00%42.86%150.00%12.50%30.00%6.25%9.09%18.18%21.43%5.26%18.18%13.33%11.11%14.29%0.00%5.56%14.29%-3.85%6.25%5.88%10.53%40.91%11.11%5.00%9.52%8.33%4.35%-25.00%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours--After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.87B
Enterprise Value1.81B
Trailing P/E44.36
Forward P/E23.26
PEG Ratio14.76
Price / Sales6.02
Price / Book8.16
EPS0.58
Book Value3.28
Revenue (TTM)310.17M
Gross Profit (TTM)246.21M
EBITDA67.08M
Profit Margin13.85%
Operating Margin11.26%
Return on Equity19.44%
Return on Assets5.00%
Shares Outstanding72.61M
Shares Float71.32M
Beta1.12
Dividend Yield0.92%
Dividend Rate0.24
Payout Ratio27.27%

Analyst Ratings

Buy
Based on 6 analystsTarget 36.67
  • Strong Buy
    3
  • Buy
    1
  • Hold
    2

Ownership Breakdown

Institutions
108.42%
Insiders
1.60%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    13.09M18.03%
  • Penserra Capital Management, LLC
    3.59M4.95%
  • Vanguard Portfolio Management, LLC
    3.39M4.67%
  • First Trust Advisors L.P.
    3.24M4.47%
  • Vanguard Capital Management, LLC
    3.12M4.30%
  • State Street Corp
    3.09M4.26%
  • BTIM Corp
    2.42M3.33%
  • Wellington Management Company LLP
    1.96M2.70%
  • Barclays PLC
    1.87M2.58%
  • Renaissance Technologies Corp
    1.78M2.46%
  • Geode Capital Management, LLC
    1.72M2.37%
  • Dimensional Fund Advisors, Inc.
    1.60M2.20%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    1.56M2.14%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    4.39M6.05%
  • Amplify Cybersecurity ETF
    2.80M3.85%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.18M3.00%
  • iShares Russell 2000 ETF
    1.86M2.57%
  • First Trust NASDAQ Cybersecurity ETF
    1.83M2.52%
  • Vanguard Information Technology ETF
    1.78M2.45%
  • Global X Cybersecurity ETF
    1.63M2.25%

Dividends

20263×
0.06Aug 17, 20260.06May 15, 20260.06Feb 13, 2026
20254×
0.06Nov 17, 20250.06Aug 15, 20250.06May 15, 20250.06Feb 14, 2025
20244×
0.06Nov 18, 20240.06Aug 15, 20240.06May 14, 20240.06Feb 15, 2024
20234×
0.06Nov 16, 20230.06Aug 14, 20230.06May 12, 20230.06Feb 16, 2023
20224×
0.06Nov 14, 20220.05Aug 12, 20220.05May 13, 20220.05Feb 14, 2022
20211×
0.05Nov 10, 2021