The Tip Desk

A10 Networks, Inc.

Company Stats

Market Cap
$2.0B
as of Sep 30, 2026
Shares Outstanding
72.6M
Free Float
94.7%

Income Statement

Revenue
$290.6M
Operating Income
$47.1M
Net Income
$42.1M
EBITDA
$62.0M
Revenue Growth, 3Y
1.2%
FCF Margin, 3Y Avg
21.8%
FCF Margin, Worst Year
13.4%

Cash Flow

Free Cash Flow
$64.8M
FCF Yield
3.3%
Owner FCF Yield
2.3%

Returns & Capital

Dividends Paid
$17.4M
Dividend Yield
0.9%
Dividend Payout, 3Y Avg
40.4%
Share Repurchases
$68.9M
Buyback Yield, 3Y Avg
1.9%
SBC, 3Y Avg
$17.1M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$290.6M$64.8M22.3%
FY2024$261.7M$78.2M29.9%
FY2023$251.7M$33.6M13.4%
FY2022$280.3M$55.3M19.7%
FY2021$250.0M$44.9M18.0%

Annual filing data through FY ended December 31, 2025; shares and float as of October 31, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage