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Technology - Software - Infrastructure - NYSE - US
$ 20.14
1.92 %
$ 1.45 B
Market Cap
30.06
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jul, 7, 2025.

The intrinsic value of one ATEN stock under the worst case scenario is HIDDEN Compared to the current market price of 20.1 USD, A10 Networks, Inc. is HIDDEN

This DCF valuation model was last updated on Jul, 7, 2025.

The intrinsic value of one ATEN stock under the base case scenario is HIDDEN Compared to the current market price of 20.1 USD, A10 Networks, Inc. is HIDDEN

This DCF valuation model was last updated on Jul, 7, 2025.

The intrinsic value of one ATEN stock under the best case scenario is HIDDEN Compared to the current market price of 20.1 USD, A10 Networks, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ATEN

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$22.0$22.0$21.0$21.0$20.0$20.0$19.0$19.0$18.0$18.0$17.0$17.0$16.0$16.0$15.0$15.0$14.0$14.015 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '25
FINANCIALS
262 M REVENUE
3.97%
44 M OPERATING INCOME
13.77%
50.1 M NET INCOME
25.44%
90.5 M OPERATING CASH FLOW
103.29%
-48.4 M INVESTING CASH FLOW
-355.31%
-44.3 M FINANCING CASH FLOW
-53.41%
66.1 M REVENUE
-10.87%
8.78 M OPERATING INCOME
-52.28%
9.54 M NET INCOME
-47.86%
17.2 M OPERATING CASH FLOW
-33.08%
-34.7 M INVESTING CASH FLOW
-21891.14%
166 M FINANCING CASH FLOW
2059.22%
Balance Sheet A10 Networks, Inc.
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Current Assets 307 M
Cash & Short-Term Investments 196 M
Receivables 76.7 M
Other Current Assets 35 M
Non-Current Assets 126 M
Long-Term Investments 0
PP&E 39.1 M
Other Non-Current Assets 86.4 M
45.18 %17.72 %8.10 %9.04 %19.96 %Total Assets$432.8m
Current Liabilities 124 M
Accounts Payable 12.5 M
Short-Term Debt 4.74 M
Other Current Liabilities 106 M
Non-Current Liabilities 77.4 M
Long-Term Debt 7.19 M
Other Non-Current Liabilities 70.2 M
6.24 %52.88 %3.58 %34.94 %Total Liabilities$201.0m
EFFICIENCY
Earnings Waterfall A10 Networks, Inc.
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Revenue 262 M
Cost Of Revenue 51.4 M
Gross Profit 210 M
Operating Expenses 166 M
Operating Income 44 M
Other Expenses -6.17 M
Net Income 50.1 M
300m300m250m250m200m200m150m150m100m100m50m50m00262m(51m)210m(166m)44m6m50mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
80.35% GROSS MARGIN
80.35%
16.80% OPERATING MARGIN
16.80%
19.16% NET MARGIN
19.16%
21.63% ROE
21.63%
11.58% ROA
11.58%
12.08% ROIC
12.08%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis A10 Networks, Inc.
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80m80m70m70m60m60m50m50m40m40m30m30m20m20m10m10m00(10m)(10m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 50.1 M
Depreciation & Amortization 11.3 M
Capital Expenditures -12.3 M
Stock-Based Compensation 17 M
Change in Working Capital 12.4 M
Others 13.1 M
Free Cash Flow 78.2 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets A10 Networks, Inc.
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ATEN has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.37% DIVIDEND YIELD
0.06 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.250.250.200.200.150.150.100.100.050.050.000.000.050.060.060.060.050.060.060.060.050.060.060.050.200.060.240.060.240.060.180.002021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 9
6. Ownership
Insider Ownership A10 Networks, Inc.
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Sold
0-3 MONTHS
86.8 K USD 1
3-6 MONTHS
1.63 M USD 1
6-9 MONTHS
1.83 M USD 4
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
A10 Networks: Penetrating Enterprise Market; Initiate With 'Buy' A10 Networks' focus on the enterprise market and product enhancements has driven strong growth, highlighted by Q1 FY25 results and a key Microsoft AI security partnership. The acquisition of ThreatX Protect and ongoing R&D investments are expanding A10's cybersecurity portfolio, supporting further enterprise market penetration. A robust balance sheet, consistent free cash flow, and shareholder returns underpin financial stability, with double-digit enterprise revenue growth expected to continue. seekingalpha.com - 3 days ago
Turkcell and A10 Networks Collaborate to Develop a Future-ready, Sustainable, and Secure Network Ecosystem SAN JOSE, Calif.--(BUSINESS WIRE)-- #Cybersecurity--Turkcell and A10 Networks Collaborate to Develop a Future-ready, Sustainable, and Secure Network Ecosystem. businesswire.com - 1 week ago
A10 Selected by Microsoft to Protect Mission-critical AI Infrastructure SAN JOSE, Calif.--(BUSINESS WIRE)-- #Cybersecurity--A10 Selected by Microsoft to Protect Mission-critical AI Infrastructure. businesswire.com - 1 week ago
2 Network Software Stocks to Watch From a Prospering Industry Communication-Network Software providers like ATEN and ONDS benefit from the ongoing digitalization efforts, including a shift to cloud computing and strong deployment of AI-based applications. zacks.com - 4 weeks ago
AI-Driven Growth Makes These 4 Cybersecurity Stocks a Must-Buy Cybersecurity stocks are poised to benefit from rising cyber threats amid accelerating digital transformation and cloud migration. zacks.com - 4 weeks ago
A10 Networks, Inc. (ATEN) Q1 2025 Earnings Call Transcript A10 Networks, Inc. (NYSE:ATEN ) Q1 2025 Earnings Conference Call May 1, 2025 4:30 PM ET Company Participants Tom Baumann - FNK Investor Relations Dhrupad Trivedi - President & Chief Executive Officer Brian Becker - Chief Financial Officer Conference Call Participants Gray Powell - BTIG Christian Schwab - Craig-Hallum Hamed Khorsand - BWS Financials Simon Leopold - Raymond James Hendi Susanto - Gabelli Funds Operator Good day, everyone and welcome to the A10 Networks First Quarter 2025 Financial Results. At this time, all participants have been placed on a listen-only mode. seekingalpha.com - 2 months ago
A10 Networks (ATEN) Q1 Earnings and Revenues Beat Estimates A10 Networks (ATEN) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.17 per share a year ago. zacks.com - 2 months ago
A10 Networks Reports Financial Results for the First Quarter of 2025 SAN JOSE, Calif.--(BUSINESS WIRE)--A10 Networks, Inc. (NYSE: ATEN), a leading provider of secure application services and solutions, today announced financial results for its first quarter ended March 31, 2025. First Quarter 2025 Financial Summary Revenue of $66.1 million, up 9% year-over-year compared to $60.7 million in the first quarter of 2024. GAAP gross margin of 79.7%; non-GAAP gross margin of 80.9% as a result of continued focus on operational execution of business model goals despite n. businesswire.com - 2 months ago
A10 Networks Q1 Preview: Looking Out For Clues Regarding The Short Term A10 Networks, Inc. is set to report Q1 '25 earnings on May 1st; I remain cautious due to macroeconomic uncertainties and refrain from giving a buy rating. Expecting $0.18 adjusted EPS and $0.14 GAAP EPS on $63.6M sales, reflecting typical cyclicality and potential downside due to economic uncertainty. Key focus on management's outlook, especially regarding tariff impacts, demand trends, and product updates, including AI enhancements and new product lines. seekingalpha.com - 2 months ago
A10 Networks to Announce First Quarter 2025 Financial Results on May 1, 2025 SAN JOSE, Calif.--(BUSINESS WIRE)--A10 Networks (NYSE: ATEN), a leading provider of secure application services and solutions, today announced that the company's first quarter 2025 financial results will be released after the markets close on Thursday, May 1, 2025. Management will host a call that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results. Interested parties may access the conference call by dialing (888) 506-0062 (toll-free) or (973) 528-0011 (international). businesswire.com - 3 months ago
2 Network Software Stocks to Watch From a Challenging Industry Communication-Network Software providers like ATEN and RBBN benefit from the ongoing digitalization efforts, including a shift to cloud computing and strong deployment of AI-based applications. zacks.com - 3 months ago
A10 Networks, Inc. Announces Proposed Offering of $200 Million of Convertible Senior Notes SAN JOSE, Calif.--(BUSINESS WIRE)--A10 Networks, Inc. (NYSE: ATEN) (the “Company”) today announced its intention to offer, subject to market conditions and other factors, $200,000,000 aggregate principal amount of convertible senior notes due 2030 (the “notes”) in a private offering (the “offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), to persons reasonably believed to be qualified institutional buyers pursuant to Ru. businesswire.com - 3 months ago
8. Profile Summary

A10 Networks, Inc. ATEN

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COUNTRY US
INDUSTRY Software - Infrastructure
MARKET CAP $ 1.45 B
Dividend Yield 0.37%
Description A10 Networks, Inc. provides networking solutions in the Americas, Japan, other Asia Pacific, and EMEA countries. The company offers Thunder Application Delivery Controller (ADC) that provides advanced server load balancing; Lightning ADC, a cloud-native software-as-a-service platform to boost the delivery and security of applications and microservices; and Thunder Carrier Grade Networking product, which offers standards-compliant address and protocol translation services for service provider networks. It also provides Thunder Threat Protection System (TPS) for the protection of networks and server resources against massive distributed denial of service attacks; Thunder Secure Sockets Layer (SSL) Insight solution that decrypts SSL-encrypted traffic and forwards it to a third-party security device for deep packet inspection; and Thunder Convergent Firewall, which addresses various critical security capabilities in one package by consolidating various security and networking functions in a single appliance. In addition, the company offers intelligent management and automation tools comprising harmony controller that provides intelligent management, automation, and analytics for secure application delivery in multi-cloud environment; and aGalaxy TPS, a multi-device network management solution. A10 Networks, Inc. delivers its solutions on optimized hardware appliances, bare metal software, containerized software, virtual appliances, and cloud-native software. It serves cloud providers; service providers include cloud, telecommunications, and multiple system and cable operators; government organizations; and enterprises in the technology, industrial, retail, financial, gaming, and education industries. The company markets its products through sales organizations, as well as distribution channel partners, including distributors, value added resellers, and system integrators. A10 Networks, Inc. was incorporated in 2004 and is headquartered in San Jose, California.
Contact 2300 Orchard Parkway, San Jose, CA, 95131 https://www.a10networks.com
IPO Date March 21, 2014
Employees 481
Officers Mr. Andrew Kim Vice President of Worldwide Human Resources Mr. Toru Kawaguchi Vice President of Sales and President & Country Manager of Japan KK Mr. Dhrupad Trivedi Ph.D. Board Chair, President & Chief Executive Officer Ms. Terry Young Director of 5G Marketing Mr. Greg Barnes Managing Director of Australia & New Zealand Mr. Scott Weber J.D. Executive Vice President, Chief Risk & Compliance Officer, General Counsel and Corporate Secretary Mr. Bret Sloan Head of Global Operations Rich Groves Director of Threat Intelligence & MLOps Mr. Brian Becker Chief Financial Officer Mr. Sean Pike Head of Information Security