ATEN
A10 Networks, Inc.
NYSE · CIK 1580808
Last close27.63
Daily change+0.03 (0.11%)
10 Years gain+167.32%
Dividends TTM0.24 (+0.00%)
Dividend yield0.87%
Fundamental Analysis
ATEN · STANDARD
SIC 3576 · Computer Communications Equipment · Fiscal year end 1231
Fundamental
42.2Momentum
58.0Acceleration
58.0Confidence
82.0Annual Revenue14
Quarterly Revenue54
Annual CFO14
Balance SheetAvailable
RankingEligible
Score Breakdown
Growth11.1 / 25
Quality12.3 / 25
Capital Efficiency0.0 / 20
Balance Sheet11.9 / 15
Shareholder Economics3.7 / 10
Forward Indicators3.2 / 5
Signals
Operating leverageOperating margin improved by 1.6062 percentage points.
Net debt reductionNet debt declined versus the comparison period.
Strong operating leverageOperating income is growing faster than revenue while operating margin expands.
Warnings
Inventory anomaly · MEDIUMInventory growth is materially above revenue growth.
Key Metrics
Revenue Growth TTM17.97%OK
Revenue CAGR 3Y1.2%OK
Gross Margin79.43%OK
Operating Margin15.15%OK
FCF Marginn/aMISSING
FCF Growthn/aINSUFFICIENT_HISTORY
ROICn/aMISSING
Incremental Operating Margin 3Yn/aNOT_MEANINGFUL
Net Debt / CFOn/aNOT_MEANINGFUL
Diluted Share Growth 1Y0.8%OK
SBC / Revenue7.68%OK
SBC / FCFn/aNOT_MEANINGFUL
Financial History
| Period | Revenue | Gross Profit | Operating Income | CFO | FCF | Gross Margin | Op Margin | FCF Margin | ROIC | Shares |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 FY Dec 31, 2025 | $290.56M | $230.52M | $47.14M | $84.89M | $64.77M | 79.34% | 16.22% | 22.29% | 85.39% | 73.59M |
| 2025 FY Dec 31, 2024 | $261.70M | $210.28M | $43.97M | $90.49M | $78.22M | 80.35% | 16.8% | 29.89% | 89.44% | 75.3M |
| 2025 FY Dec 31, 2023 | $251.70M | $203.74M | $38.65M | $44.51M | $33.62M | 80.94% | 15.35% | 13.36% | 89.75% | 75.55M |
| 2024 FY Dec 31, 2022 | $280.34M | $223.51M | $53.08M | $66.10M | $55.30M | 79.73% | 18.93% | 19.73% | 175.36% | 77.75M |
| 2022 FY Dec 31, 2021 | $250.04M | $196.54M | $33.39M | $50.10M | $44.93M | 78.6% | 13.35% | 17.97% | n/a | 80.04M |
Formula Trace
| Metric | Value | Formula | Status | Source |
|---|---|---|---|---|
| Revenue TTM | $299.20M | sum latest 4 fiscal quarters Revenue | OK | 0001580808-26-000045, 0001580808-25-000111 |
| Revenue Growth TTM | 17.97% | Revenue_TTM / Revenue_TTM_1Y_ago - 1 | OK | 0001580808-26-000045, 0001580808-25-000111 |
| Revenue CAGR 3Y | 1.2% | (Revenue_current / Revenue_3Y_ago)^(1/3) - 1 | OK | 0001580808-26-000014 |
| Revenue CAGR 5Y | 5.2% | (Revenue_current / Revenue_5Y_ago)^(1/5) - 1 | OK | 0001580808-26-000014 |
| Gross Profit CAGR 3Y | 1.03% | (GrossProfit_current / GrossProfit_3Y_ago)^(1/3) - 1 | OK | 0001580808-26-000014 |
| Operating Income Growth | 31.96% | OperatingIncome_current / OperatingIncome_prior_year - 1 | OK | 0001580808-26-000045, 0001580808-25-000111 |
| FCF Growth | n/a | FCF_current / FCF_prior_year - 1 | INSUFFICIENT_HISTORY | derived |
| Revenue Growth Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Profit Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Operating Income Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| FCF Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Margin | 79.43% | Gross Profit / Revenue | OK | 0001580808-26-000045, 0001580808-25-000111 |
| Operating Margin | 15.15% | Operating Income / Revenue | OK | 0001580808-26-000045, 0001580808-25-000111 |
| Net Debt / CFO | n/a | Net Debt / CFO | NOT_MEANINGFUL | 0001580808-26-000045 |
| Current Ratio | 1.29x | Current Assets / Current Liabilities | OK | derived |
| SBC / Revenue | 7.68% | SBC / Revenue | OK | 0001580808-26-000045, 0001580808-25-000111 |
| Revenue per Diluted Share | $3.96 | Revenue / Diluted Shares | OK | 0001580808-26-000045, 0001580808-25-000111 |
| SBC / FCF | n/a | SBC / FCF | NOT_MEANINGFUL | 0001580808-26-000045, 0001580808-25-000111 |