A10 Networks, Inc.

ATEN

Technology Software Infrastructure

A10 Networks, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $290.6 million, up 11.0% from fiscal 2024.

Revenue
+22.6%
EPS
+41.2%
Free cash flow
+69.7%
Total debt
+0.66%

Quarter to September 2026, against a year earlier

29.43 0.82 +2.87%
Market cap
$2.1B
P/E
42.7×
Fwd P/E
39.4×
Dividend yield
0.84%
F-score
5/9
ROIC
37.5%
Net debt / EBITDA
−2.6×
Dividend safety
77/100

A10 Networks, Inc. (ATEN) Gross margin

Alert me on Gross margin

A10 Networks, Inc.'s gross margin over the twelve months to 30 September 2026 was 79.0%, down 0.3 percentage points from fiscal 2025 (79.3%). Over the past ten years it has ranged from 75.3% (fiscal 2015) to 80.9% (fiscal 2023); the current reading is higher than 73% of that period. That is above the Software Infrastructure industry median of 57.9% and above the Technology sector median of 47.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 79.3% (1.01)
FY2024 80.4% (0.59)
FY2023 80.9% 1.21
FY2022 79.7% 1.13
FY2021 78.6% 0.84
FY2020 77.8% 0.75
FY2019 77.0% (0.64)
FY2018 77.7% 0.30
FY2017 77.4% 1.29
FY2016 76.1% 0.72

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 78.7% (0.38)
Jun 2026 79.1% (0.54)
Mar 2026 79.6% 0.91
Dec 2025 78.7% (1.42)
43 more quarters

Against its own ten years

Low 75.3% High 80.9%
Ten-year median 77.8%
Current reading's percentile 58

Gross margin against peers

Company Gross margin
ATEN A10 Networks, Inc. 79.0%
STNE StoneCo Ltd. compare 73.6%
MQ Marqeta, Inc. compare 69.8%
CALX Calix, Inc compare 55.6%
FIVN Five9, Inc. compare 54.5%
PAGS PagSeguro Digital Ltd. compare 53.3%
EVTC Evertec, Inc. compare 53.1%
AI C3.ai, Inc. compare 29.1%
INFQ Infleqtion, Inc. compare 22.5%
Software Infrastructure industry median 57.9%
Technology sector median 47.1%
Market median 47.0%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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