We are a global provider of secure application and network infrastructure solutions that enable enterprises and service providers to deliver high-performance, reliable, and protected digital services across on-premises, hybrid cloud, and distributed environments. Our solutions are designed to operate in mission-critical environments where availability, scalability, low latency, and security are essential. We provide integrated capabilities spanning application delivery, traffic management, distributed denial of service (“DDoS”) protection, application and application programming interfaces (“API”) security, and centralized management. Our portfolio is built on a unified software architecture that allows customers to deploy consistent performance and security policies across physical, virtual, containerized, and cloud-native environments.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 291M | 291M | 262M | 252M | 280M | 250M |
| Net Income | 42M | 42M | 50M | 40M | 47M | 95M |
| EPS | $0.57 | $0.57 | $0.67 | $0.53 | $0.60 | $1.19 |
| Free Cash Flow | 65M | 65M | 78M | 34M | 55M | 45M |
| ROIC | 10.3% | 77.6% | 78.4% | 73.9% | 125.1% | 212.4% |
| Gross Margin | 79.3% | 79.3% | 58.2% | 80.9% | 79.7% | 78.6% |
| Debt/Equity | 1.08 | 1.08 | 0.05 | 0.08 | 0.12 | 0.11 |
| Dividends/Share | $0.23 | $0.24 | $0.24 | $0.24 | $0.24 | $0.20 |
| Operating Income | 47M | 47M | 44M | 39M | 53M | 33M |
| Operating Margin | 16.2% | 16.2% | 16.8% | 15.4% | 18.9% | 13.4% |
| ROE | 19.9% | 19.0% | 22.8% | 20.6% | 24.1% | 58.4% |
| Shares Outstanding | 74M | 74M | 75M | 75M | 78M | 80M |
A10 Networks, Inc. passes 8 of 9 quality checks, indicating strong fundamentals.
A10 Networks, Inc. trades at 43.9x trailing earnings, compared to its 15-year median P/E of 26.6x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 27.7x vs a median of 24.8x. The company's 5-year average ROIC is 88.7% with a gross margin of 75.4%. Total shareholder yield (dividends + buybacks) is 4.7%. At current prices, the estimated annualized return to fair value is +36.2%.
A10 Networks, Inc. (ATEN) has a current P/E ratio of 43.9, compared to its historical median P/E of 26.6. The stock is currently considered Expensive based on its historical valuation range.
A10 Networks, Inc. (ATEN) has a 5-year average return on invested capital (ROIC) of 88.7%. This indicates strong capital allocation and a potential competitive advantage.
A10 Networks, Inc. (ATEN) has a market capitalization of $1.9B. It is classified as a small-cap stock.
Yes, A10 Networks, Inc. (ATEN) pays a dividend with a trailing twelve-month yield of 0.94%. The company also returns capital through share buybacks, with a buyback yield of 3.72%.
Based on historical P/E analysis, A10 Networks, Inc. (ATEN) appears expensive. The current P/E of 43.9 is 65% above its historical median of 26.6. The estimated fair value CAGR (P/E method) is 35.2%.
A10 Networks, Inc. (ATEN) operates in the Computer Communications Equipment industry, within the Technology sector.
A10 Networks, Inc. (ATEN) reported annual revenue of $291 million in its most recent fiscal year, based on SEC EDGAR filings.
A10 Networks, Inc. (ATEN) has a net profit margin of 14.5%. This is a healthy margin.
A10 Networks, Inc. (ATEN) generated $65 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
A10 Networks, Inc. (ATEN) has a debt-to-equity ratio of 1.08. This indicates moderate leverage.
A10 Networks, Inc. (ATEN) reported earnings per share (EPS) of $0.57 in its most recent fiscal year.
A10 Networks, Inc. (ATEN) has a return on equity (ROE) of 19.0%. This indicates the company generates strong returns for shareholders.
A10 Networks, Inc. (ATEN) has a 5-year average gross margin of 75.4%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 14 years of financial data for A10 Networks, Inc. (ATEN), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
A10 Networks, Inc. (ATEN) has a book value per share of $2.86, based on its most recent annual SEC filing.