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) Operating margin

Alert me on Operating margin

A10 Networks, Inc.'s operating margin over the twelve months to 30 September 2026 was 16.9%, up 0.7 percentage points from fiscal 2025 (16.2%). Over the past ten years it has ranged from −20.5% (fiscal 2015) to 18.9% (fiscal 2022); the current reading is higher than 82% of that period. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.45%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 16.2% (0.58)
FY2024 16.8% 1.45
FY2023 15.4% (3.58)
FY2022 18.9% 5.58
FY2021 13.4% 5.49
FY2020 7.86% 15.90
FY2019 −8.04% 3.88
FY2018 −11.9% (7.51)
FY2017 −4.41% 4.64
FY2016 −9.05% 11.49

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 20.0% 8.72
Jun 2026 11.3% (6.07)
Mar 2026 17.3% (1.41)
Dec 2025 18.7% 1.34
43 more quarters

Against its own ten years

Low −20.5% High 18.9%
Ten-year median 7.86%
Current reading's percentile 81

Operating margin against peers

Company Operating margin
STNE StoneCo Ltd. compare 49.7%
PAGS PagSeguro Digital Ltd. compare 40.1%
EVTC Evertec, Inc. compare 18.2%
ATEN A10 Networks, Inc. 16.9%
CALX Calix, Inc compare 5.26%
FIVN Five9, Inc. compare 4.39%
MQ Marqeta, Inc. compare 0.54%
INFQ Infleqtion, Inc. compare −147.9%
AI C3.ai, Inc. compare −203.1%
Software Infrastructure industry median 0.00%
Technology sector median 0.45%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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