Symbols / ATEN Stock $27.56 +3.53% A10 Networks, Inc.

Technology • Software - Infrastructure • United States • NYQ
ATEN (Stock) Chart
O: — H: — L: — C: — V: —
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Technology
Industry Software - Infrastructure
CEO Mr. Dhrupad Trivedi Ph.D.
Exch · Country NYQ · United States
Market Cap 1.98B
Enterprise Value 1.83B
Income 42.14M
Sales 290.56M
FCF (ttm) 63.30M
Book/sh 2.96
Cash/sh 5.27
Employees 494
Insider 10d —
IPO Mar 21, 2014
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 42.11%
P/E 48.35
Forward P/E 23.99
PEG 14.76
P/S 6.80
P/B 9.31
P/C —
EV/EBITDA 29.70
EV/Sales 6.29
Quick Ratio 3.29
Current Ratio 3.56
Debt/Eq 107.66
LT Debt/Eq —
EPS (ttm) 0.57
EPS next Y 1.15
EPS Growth -47.50%
Revenue Growth 8.30%
EPS Gr Q/Q -46.10%
Rev Gr Q/Q —
Earnings (next) 2026-04-28
Earnings (prior) 2026-02-04
ROA 5.54%
ROE 19.01%
ROIC —
Gross Margin 79.34%
Oper. Margin 18.37%
Profit Margin 14.50%
Shs Outstand 71.72M
Shs Float 70.67M
Insider Own 1.35%
Instit Own 100.40%
Short Float 10.80%
Short Ratio 4.42
Short Interest 5.43M
52W High 28.59
vs 52W High -3.60%
52W Low 15.92
vs 52W Low 73.12%
Beta 1.09
Impl. Vol. 6.25%
Rel Volume 0.59
Avg Volume 1.06M
Volume 628.57K
Target (mean) $25.17
Tgt Median $25.00
Tgt Low $22.00
Tgt High $28.00
# Analysts 6
Recom Buy
Prev Close $26.62
Price $27.56
Change 3.53%
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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$25.17
Mean price target
2. Current target
$27.56
Latest analyst target
3. DCF / Fair value
$15.89
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$27.56
Low
$22.00
High
$28.00
Mean
$25.17

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-20 down Sidoti & Co. Buy → Neutral $24
2026-04-14 main Mizuho Neutral → Neutral $27
2026-03-11 main Freedom Broker Buy → Buy $25
2026-03-09 main Freedom Broker Buy → Buy $25
2026-02-20 main BWS Financial Buy → Buy $28
2026-02-20 main Mizuho Neutral → Neutral $23
2026-02-20 reit BTIG Buy → Buy $22
2026-02-05 reit BTIG Buy → Buy $22
2025-08-06 up BTIG Neutral → Buy $22
2025-06-27 init Deutsche Bank — → Buy $22
2025-05-02 main BWS Financial Buy → Buy $24
2025-02-05 main Craig-Hallum Hold → Hold $18
2025-02-05 main BWS Financial Buy → Buy $24
2024-11-13 main BWS Financial Buy → Buy $24
2024-07-09 main BWS Financial Buy → Buy $17
2024-05-01 main Craig-Hallum Buy → Buy $16
2024-05-01 main BWS Financial Buy → Buy $17
2024-02-07 main BWS Financial Buy → Buy $17
2023-10-05 reit BWS Financial Buy → Buy $15
2023-10-04 main Craig-Hallum Buy → Buy $15
News
RSS: Latest ATEN news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-22 BRAHAM TOR R Director — 7,233 $0.00 $0
2026-04-22 WOLF DANA ELIZABETH Director — 7,233 $0.00 $0
2026-02-13 TRIVEDI DHRUPAD Chief Executive Officer — 100,000 $20.55 $2,060,000
2026-02-12 WEBER ROBERT SCOTT General Counsel — 7,413 $0.00 $0
2026-02-12 KHOURY SHEEN GEORGE Officer — 7,771 $0.00 $0
2026-02-12 CARON MICHELLE ELIZABETH Chief Financial Officer — 5,978 $0.00 $0
2026-02-12 TRIVEDI DHRUPAD Chief Executive Officer — 131,516 $0.00 $0
2025-12-12 WEBER ROBERT SCOTT General Counsel — 600 $0.00 $0
2025-09-30 CARON MICHELLE ELIZABETH Chief Financial Officer — 13,706 $0.00 $0
2025-08-18 WEBER ROBERT SCOTT General Counsel — 600 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
290.56
+11.03%
261.70
+3.97%
251.70
-10.22%
280.34
Operating Revenue
290.56
+11.03%
261.70
+3.97%
251.70
-10.22%
280.34
Cost Of Revenue
60.04
+16.77%
51.42
+7.21%
47.96
-15.61%
56.83
Reconciled Cost Of Revenue
60.04
+16.77%
51.42
+7.21%
47.96
-15.61%
56.83
Gross Profit
230.51
+9.62%
210.28
+3.21%
203.74
-8.84%
223.51
Operating Expense
183.37
+10.26%
166.31
+0.74%
165.09
-3.13%
170.43
Research And Development
69.10
+19.71%
57.73
+4.52%
55.23
-5.43%
58.40
Selling General And Administration
114.27
+5.24%
108.58
-1.16%
109.86
-1.94%
112.03
Selling And Marketing Expense
84.47
+1.40%
83.30
-3.11%
85.98
-2.86%
88.51
General And Administrative Expense
29.80
+17.87%
25.28
+5.85%
23.89
+1.56%
23.52
Other Gand A
29.80
+17.87%
25.28
+5.85%
23.89
+1.56%
23.52
Total Expenses
243.41
+11.80%
217.73
+2.19%
213.05
-6.25%
227.26
Operating Income
47.14
+7.22%
43.97
+13.77%
38.65
-27.19%
53.08
Total Operating Income As Reported
47.14
+7.22%
43.97
+13.77%
38.65
-27.19%
53.08
EBITDA
73.63
+33.24%
55.26
+15.14%
47.99
-22.29%
61.76
Normalized EBITDA
73.63
+33.24%
55.26
+15.14%
47.99
-22.29%
61.76
Reconciled Depreciation
14.86
+31.58%
11.29
+20.83%
9.35
+26.62%
7.38
EBIT
58.77
+33.67%
43.97
+13.77%
38.65
-28.93%
54.38
Total Unusual Items
—
—
—
0.00
Total Unusual Items Excluding Goodwill
—
—
—
0.00
Special Income Charges
—
—
—
0.00
Restructuring And Mergern Acquisition
—
—
—
0.00
Net Income
42.14
-15.96%
50.14
+25.44%
39.97
-14.79%
46.91
Pretax Income
52.42
-9.77%
58.10
+32.66%
43.80
-16.92%
52.72
Net Non Operating Interest Income Expense
5.28
-62.64%
14.13
+174.55%
5.15
+1517.91%
-0.36
Interest Expense Non Operating
6.35
—
—
1.67
Net Interest Income
5.28
-62.64%
14.13
+174.55%
5.15
+1517.91%
-0.36
Interest Expense
6.35
—
—
1.67
Interest Income Non Operating
11.63
-17.71%
14.13
+174.55%
5.15
+294.71%
1.30
Interest Income
11.63
-17.71%
14.13
+174.55%
5.15
+294.71%
1.30
Tax Provision
10.29
+29.22%
7.96
+108.08%
3.83
-34.14%
5.81
Tax Rate For Calcs
0.00
-24.48%
0.00
+120.69%
0.00
-20.91%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
42.14
-15.96%
50.14
+25.44%
39.97
-14.79%
46.91
Net Income From Continuing Operation Net Minority Interest
42.14
-15.96%
50.14
+25.44%
39.97
-14.79%
46.91
Net Income From Continuing And Discontinued Operation
42.14
-15.96%
50.14
+25.44%
39.97
-14.79%
46.91
Net Income Continuous Operations
42.14
-15.96%
50.14
+25.44%
39.97
-14.79%
46.91
Normalized Income
42.14
-15.96%
50.14
+25.44%
39.97
-14.79%
46.91
Net Income Common Stockholders
42.14
-15.96%
50.14
+25.44%
39.97
-14.79%
46.91
Diluted EPS
0.57
-14.93%
0.67
+179.17%
0.24
-60.00%
0.60
Basic EPS
0.58
-14.71%
0.68
+25.93%
0.54
-12.90%
0.62
Basic Average Shares
72.25
-2.48%
74.09
-0.16%
74.21
-1.75%
75.53
Diluted Average Shares
73.59
-2.27%
75.30
-0.33%
75.55
-2.83%
77.75
Diluted NI Availto Com Stockholders
42.14
-15.96%
50.14
+25.44%
39.97
-14.79%
46.91
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
629.81
+45.52%
432.81
+11.03%
389.81
+5.61%
369.11
Current Assets
475.95
+54.89%
307.29
+13.05%
271.82
+5.77%
256.99
Cash Cash Equivalents And Short Term Investments
377.85
+93.22%
195.56
+22.76%
159.30
+5.50%
150.99
Cash And Cash Equivalents
71.14
-25.22%
95.13
-2.17%
97.24
+43.07%
67.97
Cash Equivalents
8.79
+48.15%
5.93
-86.75%
44.79
+228.51%
13.63
Cash Financial
62.35
-30.10%
89.19
+70.05%
52.45
-3.47%
54.34
Other Short Term Investments
306.71
+205.40%
100.43
+61.84%
62.06
-25.25%
83.02
Receivables
62.07
-19.06%
76.69
+3.20%
74.31
+1.89%
72.93
Accounts Receivable
62.07
-19.06%
76.69
+3.20%
74.31
+1.89%
72.93
Gross Accounts Receivable
62.13
-19.46%
77.15
+3.27%
74.71
+2.40%
72.96
Allowance For Doubtful Accounts Receivable
-0.07
+85.81%
-0.47
-14.81%
-0.41
-1165.63%
-0.03
Inventory
18.03
-18.05%
22.00
-6.45%
23.52
+19.44%
19.69
Raw Materials
10.46
-18.83%
12.88
-16.74%
15.47
+21.16%
12.77
Finished Goods
7.58
-16.96%
9.12
+13.33%
8.05
+16.28%
6.92
Prepaid Assets
5.90
+38.96%
4.25
-30.90%
6.14
+15.69%
5.31
Current Deferred Assets
8.33
+34.37%
6.20
+0.39%
6.18
+0.54%
6.14
Other Current Assets
3.77
+45.41%
2.59
+9.14%
2.38
+23.25%
1.93
Total Non Current Assets
153.86
+22.57%
125.53
+6.39%
117.98
+5.24%
112.11
Net PPE
59.08
+16.57%
50.68
+9.58%
46.25
+12.98%
40.94
Gross PPE
95.92
+19.18%
80.48
+14.40%
70.35
+10.46%
63.68
Accumulated Depreciation
-36.84
-23.62%
-29.80
-23.67%
-24.09
-5.94%
-22.74
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
7.55
+21.14%
6.24
+6.43%
5.86
+92.73%
3.04
Construction In Progress
29.31
+29.39%
22.65
+64.96%
13.73
+50.03%
9.15
Other Properties
55.49
+15.24%
48.15
+1.27%
47.55
-1.40%
48.23
Leases
3.56
+3.52%
3.44
+7.23%
3.21
-1.84%
3.27
Goodwill And Other Intangible Assets
21.39
+1536.80%
1.31
+0.00%
1.31
+0.00%
1.31
Goodwill
15.13
+1057.92%
1.31
+0.00%
1.31
+0.00%
1.31
Other Intangible Assets
6.26
—
—
—
Non Current Deferred Assets
67.80
+0.93%
67.18
+0.12%
67.10
-0.56%
67.47
Non Current Deferred Taxes Assets
62.11
-0.41%
62.36
-0.58%
62.73
-0.72%
63.18
Non Current Prepaid Assets
2.00
+20.28%
1.67
-2.17%
1.70
-2.01%
1.74
Other Non Current Assets
3.58
-23.73%
4.69
+188.68%
1.63
+148.24%
0.66
Total Liabilities Net Minority Interest
418.27
+108.11%
200.99
+10.47%
181.93
-3.27%
188.09
Current Liabilities
133.65
+8.15%
123.57
+11.26%
111.07
-6.07%
118.25
Payables And Accrued Expenses
24.20
+12.88%
21.44
+35.83%
15.78
-18.17%
19.28
Payables
14.94
-1.89%
15.23
+80.16%
8.45
+1.11%
8.36
Accounts Payable
11.69
-6.76%
12.54
+78.56%
7.02
+4.45%
6.72
Current Accrued Expenses
9.26
+49.12%
6.21
-15.30%
7.33
-32.92%
10.92
Pensionand Other Post Retirement Benefit Plans Current
23.07
+21.04%
19.06
+149.68%
7.63
-61.51%
19.83
Total Tax Payable
3.25
+20.84%
2.69
+88.03%
1.43
-12.60%
1.64
Current Debt And Capital Lease Obligation
5.56
+17.24%
4.74
-5.08%
5.00
+4.30%
4.79
Current Capital Lease Obligation
5.56
+17.24%
4.74
-5.08%
5.00
+4.30%
4.79
Current Deferred Liabilities
80.82
+3.18%
78.33
-5.23%
82.66
+11.19%
74.34
Current Deferred Revenue
80.82
+3.18%
78.33
-5.23%
82.66
+11.19%
74.34
Total Non Current Liabilities Net Minority Interest
284.62
+267.66%
77.41
+9.24%
70.86
+1.46%
69.84
Long Term Debt And Capital Lease Obligation
222.20
+2988.63%
7.19
-39.15%
11.82
-29.82%
16.85
Long Term Debt
218.79
—
—
—
Long Term Capital Lease Obligation
3.41
-52.61%
7.19
-39.15%
11.82
-29.82%
16.85
Non Current Deferred Liabilities
61.98
-11.36%
69.92
+19.17%
58.68
+11.44%
52.65
Non Current Deferred Revenue
61.98
-11.36%
69.92
+19.17%
58.68
+11.44%
52.65
Other Non Current Liabilities
0.44
+48.81%
0.29
-19.18%
0.36
+5.19%
0.35
Stockholders Equity
211.55
-8.75%
231.83
+11.52%
207.88
+14.84%
181.01
Common Stock Equity
211.55
-8.75%
231.83
+11.52%
207.88
+14.84%
181.01
Capital Stock
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Common Stock
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Share Issued
92.00
+1.63%
90.52
+1.70%
89.00
+2.16%
87.12
Ordinary Shares Number
71.50
-2.98%
73.69
-0.90%
74.36
+0.84%
73.74
Treasury Shares Number
20.50
+21.82%
16.83
+14.91%
14.64
+9.41%
13.38
Additional Paid In Capital
531.79
+4.60%
508.39
+4.40%
486.96
+4.29%
466.93
Retained Earnings
1.79
+104.44%
-40.34
+55.41%
-90.48
+30.64%
-130.45
Gains Losses Not Affecting Retained Earnings
0.66
+239.69%
0.19
+373.24%
-0.07
+90.22%
-0.73
Treasury Stock
249.91
+38.08%
180.99
+19.93%
150.91
+11.84%
134.93
Other Equity Adjustments
0.66
+239.69%
0.19
+373.24%
-0.07
+90.22%
-0.73
Total Equity Gross Minority Interest
211.55
-8.75%
231.83
+11.52%
207.88
+14.84%
181.01
Total Capitalization
430.33
+85.63%
231.83
+11.52%
207.88
+14.84%
181.01
Working Capital
342.30
+86.32%
183.72
+14.28%
160.75
+15.87%
138.74
Invested Capital
430.33
+85.63%
231.83
+11.52%
207.88
+14.84%
181.01
Total Debt
227.76
+1807.84%
11.94
-29.02%
16.82
-22.27%
21.64
Net Debt
147.65
—
—
—
Capital Lease Obligations
8.97
-24.85%
11.94
-29.02%
16.82
-22.27%
21.64
Net Tangible Assets
190.15
-17.51%
230.52
+11.60%
206.57
+14.95%
179.71
Tangible Book Value
190.15
-17.51%
230.52
+11.60%
206.57
+14.95%
179.71
Interest Payable
1.55
0.00
—
—
Other Equity Interest
-72.78
-31.34%
-55.42
-47.31%
-37.62
-89.98%
-19.80
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
84.89
-6.19%
90.49
+103.29%
44.51
-32.66%
66.10
Cash Flow From Continuing Operating Activities
84.89
-6.19%
90.49
+103.29%
44.51
-32.66%
66.10
Net Income From Continuing Operations
42.14
-15.96%
50.14
+25.44%
39.97
-14.79%
46.91
Depreciation Amortization Depletion
14.86
+31.58%
11.29
+20.83%
9.35
+26.62%
7.38
Depreciation And Amortization
14.86
+31.58%
11.29
+20.83%
9.35
+26.62%
7.38
Other Non Cash Items
3.28
+874.06%
-0.42
-462.39%
0.12
-85.25%
0.79
Stock Based Compensation
20.03
+17.49%
17.05
+21.07%
14.08
+5.63%
13.33
Provisionand Write Offof Assets
-0.40
-776.27%
0.06
+108.44%
-0.70
-1841.67%
-0.04
Deferred Tax
—
—
0.00
0.00
Deferred Income Tax
—
—
0.00
0.00
Change In Working Capital
4.99
-59.72%
12.38
+167.62%
-18.30
-703.73%
-2.28
Change In Receivables
14.57
+670.22%
-2.56
-276.29%
-0.68
+93.25%
-10.06
Changes In Account Receivables
14.57
+670.22%
-2.56
-276.29%
-0.68
+93.25%
-10.06
Change In Inventory
3.66
+581.45%
-0.76
+87.94%
-6.30
-409.68%
2.04
Change In Prepaid Assets
-8.33
-12326.87%
-0.07
+96.40%
-1.86
-214.44%
1.63
Change In Payables And Accrued Expense
3.05
-65.45%
8.83
+137.11%
-23.80
-1827.13%
-1.24
Change In Accrued Expense
4.57
-30.88%
6.61
+131.77%
-20.80
-1454.63%
-1.34
Change In Payable
-1.52
-168.17%
2.22
+174.16%
-3.00
-3011.65%
0.10
Change In Account Payable
-1.52
-168.17%
2.22
+174.16%
-3.00
-3011.65%
0.10
Change In Other Working Capital
-7.97
-215.08%
6.92
-51.72%
14.34
+167.52%
5.36
Investing Cash Flow
-243.64
-403.90%
-48.35
-455.31%
13.61
+22.74%
11.09
Cash Flow From Continuing Investing Activities
-243.64
-403.90%
-48.35
-455.31%
13.61
+22.74%
11.09
Net PPE Purchase And Sale
—
—
—
-10.80
Purchase Of PPE
—
—
—
-10.80
Capital Expenditure
-20.13
-64.07%
-12.27
-12.59%
-10.90
-0.90%
-10.80
Capital Expenditure Reported
-20.13
-64.07%
-12.27
-12.59%
-10.90
-0.90%
-10.80
Net Investment Purchase And Sale
-204.41
-466.52%
-36.08
-247.25%
24.50
+11.96%
21.89
Purchase Of Investment
-342.03
-139.58%
-142.76
-67.13%
-85.42
-54.16%
-55.41
Sale Of Investment
137.62
+29.00%
106.68
-2.95%
109.92
+42.21%
77.30
Net Business Purchase And Sale
-19.10
0.00
0.00
—
Purchase Of Business
-19.10
0.00
0.00
—
Financing Cash Flow
134.75
+404.48%
-44.26
-53.41%
-28.85
+67.27%
-88.14
Cash Flow From Continuing Financing Activities
134.75
+404.48%
-44.26
-53.41%
-28.85
+67.27%
-88.14
Net Issuance Payments Of Debt
225.00
0.00
0.00
—
Issuance Of Debt
225.00
0.00
0.00
—
Long Term Debt Issuance
225.00
0.00
0.00
—
Net Long Term Debt Issuance
225.00
0.00
0.00
—
Net Common Stock Issuance
-68.92
-129.09%
-30.08
-88.32%
-15.97
+79.84%
-79.26
Common Stock Payments
-68.92
-129.09%
-30.08
-88.32%
-15.97
+79.84%
-79.26
Common Stock Dividend Paid
-17.37
+2.40%
-17.80
+0.11%
-17.82
-11.90%
-15.92
Cash Dividends Paid
-17.37
+2.40%
-17.80
+0.11%
-17.82
-11.90%
-15.92
Repurchase Of Capital Stock
-68.92
-129.09%
-30.08
-88.32%
-15.97
+79.84%
-79.26
Proceeds From Stock Option Exercised
3.37
-6.93%
3.62
-26.68%
4.94
-29.77%
7.04
Net Other Financing Charges
-7.33
—
—
—
Changes In Cash
-23.99
-1034.28%
-2.12
-107.23%
29.27
+367.24%
-10.95
Beginning Cash Position
95.13
-2.17%
97.24
+43.07%
67.97
-13.88%
78.92
End Cash Position
71.14
-25.22%
95.13
-2.17%
97.24
+43.07%
67.97
Free Cash Flow
64.77
-17.20%
78.22
+132.68%
33.62
-39.21%
55.30
Interest Paid Supplemental Data
3.33
0.00
0.00
0.00
Income Tax Paid Supplemental Data
6.78
+7.86%
6.28
+160.81%
2.41
+37.89%
1.75
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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