A10 Networks, Inc. (ATEN) Income Statement
ATEN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsATEN revenue and net income
Where ATEN's revenue goes
2025Each bar shows an amount and its share of revenue. ATEN kept 14.5% of revenue as net income.
ATEN profit margins
ATEN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +11.0% | +1.2% | +5.2% | +3.9% |
| Gross profit | +9.6% | +1.0% | +5.6% | +4.4% |
| Operating income | +7.2% | −3.9% | +21.6% | — |
| Net income | −16.0% | −3.5% | +18.8% | — |
| EPS (diluted) | +3.4% | +6.7% | +15.4% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ATEN quarterly EPS vs estimates
A10 Networks beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.20).
ATEN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $290.6M | $261.7M | $251.7M | $280.3M | $250.0M | $225.5M | $212.6M | $232.2M | $235.4M | $230.0M |
| Cost of revenue | $60.0M | $51.4M | $48.0M | $56.8M | $53.5M | $50.1M | $48.9M | $51.9M | $53.3M | $54.9M |
| Gross profit | $230.5M | $210.3M | $203.7M | $223.5M | $196.5M | $175.4M | $163.7M | $180.3M | $182.1M | $175.1M |
| Research & development | $69.1M | $57.7M | $55.2M | $58.4M | $54.1M | $58.1M | $61.8M | $65.2M | $63.0M | $60.7M |
| Sales, general & admin | $114.3M | $108.6M | $109.9M | $112.0M | $109.1M | $99.6M | $116.5M | $142.8M | $129.5M | $131.4M |
| Total operating expenses | $183.4M | $166.3M | $165.1M | $170.4M | $163.1M | $157.6M | $180.8M | $208.0M | $192.5M | $192.1M |
| Operating income | $47.1M | $44.0M | $38.6M | $53.1M | $33.4M | $17.7M | −$17.1M | −$27.7M | −$10.4M | −$19.1M |
| Interest income | $11.6M | $14.1M | $4.0M | $1.3M | $409,000 | $1.4M | $919,000 | $1.3M | $989,000 | $640,000 |
| Interest expense | $6.3M | $7.4M | $69,000 | $1.7M | $2.2M | $1,000 | $237,000 | $129,000 | $0 | $424,000 |
| Income before taxes | $52.4M | $58.1M | $43.8M | $52.7M | $31.6M | $19.1M | −$16.4M | −$26.5M | −$9.5M | −$20.2M |
| Income taxes | $10.3M | $8.0M | $3.8M | $5.8M | −$63.2M | $1.3M | $1.4M | $1.1M | $1.2M | $757,000 |
| Net income | $42.1M | $50.1M | $40.0M | $46.9M | $94.9M | $17.8M | −$17.8M | −$27.6M | −$10.8M | −$20.9M |
| EBITDA | $67.3M | $76.8M | $38.6M | $61.8M | $42.7M | $30.4M | −$6.1M | −$18.5M | −$1.9M | −$12.9M |
| EPS (diluted) | $0.90 | $0.87 | $0.73 | $0.74 | $0.62 | $0.44 | −$0.06 | $0.09 | $0.06 | −$0.05 |
| Gross margin | 79.3% | 80.4% | 80.9% | 79.7% | 78.6% | 77.8% | 77.0% | 77.7% | 77.4% | 76.1% |
| Operating margin | 16.2% | 16.8% | 15.4% | 18.9% | 13.4% | 7.9% | −8.0% | −11.9% | −4.4% | −8.3% |
| Net margin | 14.5% | 19.2% | 15.9% | 16.7% | 37.9% | 7.9% | −8.4% | −11.9% | −4.6% | −9.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $80.1M | $75.0M | $80.4M | $74.7M | $69.4M | $66.1M | $74.2M | $66.7M | $60.1M | $60.7M | $70.4M | $57.8M |
| Cost of revenue | $16.8M | $14.8M | $17.1M | $14.8M | $14.7M | $13.4M | $14.9M | $13.0M | $12.0M | $11.4M | $13.3M | $11.0M |
| Gross profit | $63.4M | $60.2M | $63.3M | $59.9M | $54.7M | $52.7M | $59.3M | $53.7M | $48.1M | $49.2M | $57.1M | $46.8M |
| Research & development | $21.2M | $19.0M | $18.6M | $18.4M | $16.3M | $15.9M | $13.2M | $15.7M | $14.7M | $14.1M | $12.0M | $17.6M |
| Sales, general & admin | $33.2M | $27.7M | $29.6M | $28.5M | $28.1M | $28.0M | $27.7M | $27.5M | $25.4M | $28.0M | $27.2M | $26.9M |
| Total operating expenses | $54.4M | $46.7M | $48.2M | $46.9M | $44.4M | $43.9M | $40.9M | $43.2M | $40.1M | $42.0M | $39.1M | $44.6M |
| Operating income | $9.0M | $13.5M | $15.1M | $13.0M | $10.3M | $8.8M | $18.4M | $10.4M | $7.9M | $7.2M | $18.0M | $2.2M |
| Interest income | $3.3M | $3.4M | $3.5M | $3.4M | $3.0M | $1.8M | $9.1M | $1.6M | $1.8M | $1.7M | $1.7M | $1.8M |
| Interest expense | $4.6M | $2.2M | — | $2.4M | $1.4M | $90,000 | $1.4M | — | — | — | $69,000 | — |
| Income before taxes | $9.9M | $14.2M | $16.0M | $14.0M | $11.9M | $10.5M | $21.5M | $14.4M | $11.0M | $11.2M | $19.1M | $5.0M |
| Income taxes | $1.0M | $2.2M | $6.2M | $1.8M | $1.4M | $935,000 | $3.2M | $1.8M | $1.5M | $1.5M | $1.2M | −$1.5M |
| Net income | $8.9M | $12.0M | $9.9M | $12.2M | $10.5M | $9.5M | $18.3M | $12.6M | $9.5M | $9.7M | $17.9M | $6.5M |
| EBITDA | $15.9M | $18.2M | $20.0M | $17.8M | $17.0M | $14.0M | $26.0M | $17.1M | $13.8M | $13.9M | $21.6M | $7.5M |
| EPS (diluted) | $0.15 | $0.24 | $0.26 | $0.23 | $0.21 | $0.20 | $0.31 | $0.21 | $0.18 | $0.17 | $0.25 | $0.16 |
| Gross margin | 79.1% | 80.3% | 78.7% | 80.1% | 78.9% | 79.7% | 79.9% | 80.5% | 80.0% | 81.1% | 81.1% | 80.9% |
| Operating margin | 11.3% | 18.0% | 18.7% | 17.4% | 14.9% | 13.3% | 24.8% | 15.7% | 13.2% | 11.9% | 25.6% | 3.8% |
| Net margin | 11.1% | 16.0% | 12.3% | 16.3% | 15.2% | 14.4% | 24.7% | 18.9% | 15.8% | 16.0% | 25.4% | 11.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ATEN's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ATEN financial results
In fiscal year 2025 (ended December 31, 2025), A10 Networks reported revenue of $290.6 million, up 11.0% from the year before. It had net income of $42.1 million (down 16.0%), a net profit margin of 14.5%. Diluted earnings per share came to $0.90. Over five years revenue grew at an average rate of 5.2% a year.
See the ATEN stock overview for the latest quote and news, or the ATEN chart for price history and technical indicators.
ATEN income statement FAQ
What is A10 Networks's annual revenue?
A10 Networks reported total revenue of $290.6 million for fiscal year 2025, which ended on December 31, 2025. That was up 11.0% from $261.7 million the previous year.
Is A10 Networks profitable?
Yes. A10 Networks reported net income of $42.1 million in fiscal 2025, a net profit margin of 14.5%; its operating margin was 16.2%.
What is A10 Networks's gross margin?
A10 Networks's gross margin was 79.3% in fiscal 2025: for every $100 of revenue, A10 Networks kept $79 after the direct cost of its products and services.
How much does A10 Networks spend on research and development?
A10 Networks spent $69.1 million on research and development in fiscal 2025, 23.8% of revenue.
How fast is A10 Networks growing?
Revenue grew 5.2% a year on average over the last five fiscal years, from $225.5 million to $290.6 million.
What are A10 Networks's earnings per share?
A10 Networks earned $0.90 per diluted share in fiscal 2025, compared with $0.87 a year earlier.
When will A10 Networks report its next earnings?
A10 Networks is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does A10 Networks's fiscal year end?
A10 Networks's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.