A10 Networks, Inc. (ATEN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 75M | 80.36M | 74.68M | 69.38M | 66.14M | 74.2M | 66.72M | 60.1M | 60.67M | 70.42M | 57.77M | 65.82M | 57.69M | 77.63M | 72.06M | 67.97M | 62.67M | 70.67M | 65.36M | 59.17M |
| Revenue Growth % | 13.4% | 8.29% | 11.93% | 15.45% | 9% | 5.38% | 15.48% | -8.69% | 5.17% | -9.3% | -19.82% | -3.17% | -7.95% | 9.85% | 10.25% | 14.88% | 14.28% | 12.79% | 15.46% | 12.7% |
| Cost of Goods Sold | 15.28M | 17.1M | 14.83M | 14.67M | 13.44M | 14.9M | 13.04M | 12.04M | 11.44M | 13.27M | 11.01M | 13.46M | 10.22M | 15.74M | 14.77M | 13.48M | 12.84M | 14.18M | 13.19M | 13.63M |
| COGS % of Revenue | 20.37% | 21.28% | 19.86% | 21.15% | 20.32% | 20.08% | 19.54% | 20.03% | 18.86% | 18.85% | 19.05% | 20.46% | 17.71% | 20.28% | 20.49% | 19.84% | 20.49% | 20.07% | 20.19% | 23.04% |
| Gross Profit | 59.72M | 63.26M | 59.85M | 54.71M | 52.7M | 59.31M | 53.68M | 48.06M | 49.23M | 57.14M | 46.77M | 52.35M | 47.48M | 61.89M | 57.29M | 54.49M | 49.83M | 56.49M | 52.17M | 45.54M |
| Gross Margin % | 79.63% | 78.72% | 80.14% | 78.85% | 79.68% | 79.92% | 80.46% | 79.97% | 81.14% | 81.15% | 80.94% | 79.54% | 82.29% | 79.72% | 79.51% | 80.16% | 79.51% | 79.93% | 79.81% | 76.96% |
| Gross Profit Growth % | 13.34% | 6.66% | 11.49% | 13.84% | 7.04% | 3.79% | 14.79% | -8.21% | 3.7% | -7.67% | -18.38% | -3.92% | -4.73% | 9.56% | 9.83% | 19.65% | 17.69% | 14.83% | 19.96% | 10.86% |
| Operating Expenses | 46.73M | 48.2M | 46.86M | 44.4M | 43.92M | 40.91M | 43.24M | 40.14M | 42.02M | 39.14M | 44.56M | 40.09M | 41.31M | 45.63M | 41.63M | 41.34M | 41.83M | 44.64M | 41.86M | 38.32M |
| OpEx % of Revenue | 62.3% | 59.98% | 62.74% | 63.99% | 66.4% | 55.13% | 64.81% | 66.8% | 69.25% | 55.58% | 77.12% | 60.91% | 71.6% | 58.77% | 57.77% | 60.83% | 66.75% | 63.17% | 64.05% | 64.77% |
| Selling, General & Admin | 27.71M | 29.63M | 28.48M | 28.14M | 28.02M | 27.72M | 27.5M | 25.41M | 27.95M | 27.16M | 26.94M | 26.12M | 29.64M | 28.71M | 27.27M | 27.11M | 28.94M | 31.62M | 28.29M | 24.83M |
| SG&A % of Revenue | 36.94% | 36.87% | 38.14% | 40.56% | 42.36% | 37.35% | 41.22% | 42.27% | 46.07% | 38.57% | 46.62% | 39.69% | 51.38% | 36.98% | 37.84% | 39.88% | 46.18% | 44.74% | 43.28% | 41.97% |
| Research & Development | 19.02M | 18.57M | 18.38M | 16.26M | 15.9M | 13.19M | 15.73M | 14.74M | 14.06M | 11.98M | 17.62M | 13.96M | 11.66M | 16.91M | 14.36M | 14.23M | 12.89M | 13.03M | 13.58M | 13.49M |
| R&D % of Revenue | 25.36% | 23.11% | 24.61% | 23.43% | 24.04% | 17.78% | 23.58% | 24.52% | 23.18% | 17.01% | 30.5% | 21.22% | 20.22% | 21.79% | 19.93% | 20.94% | 20.56% | 18.43% | 20.77% | 22.8% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 13M | 15.06M | 12.99M | 10.31M | 8.78M | 18.4M | 10.44M | 7.92M | 7.21M | 18.01M | 2.21M | 12.27M | 6.17M | 16.27M | 15.67M | 13.14M | 8M | 11.85M | 10.3M | 7.22M |
| Operating Margin % | 17.33% | 18.74% | 17.4% | 14.86% | 13.27% | 24.79% | 15.65% | 13.17% | 11.89% | 25.57% | 3.82% | 18.64% | 10.69% | 20.95% | 21.74% | 19.34% | 12.77% | 16.76% | 15.76% | 12.2% |
| Operating Income Growth % | 48.09% | -18.14% | 24.43% | 30.26% | 21.7% | 2.17% | 372.75% | -35.46% | 16.96% | 10.7% | -85.9% | -6.67% | -22.93% | 37.32% | 52.07% | 82.14% | 98.86% | 52.13% | 65.09% | 84.32% |
| EBITDA | 13M | 19.14M | 16.69M | 13.99M | 12.17M | 21.44M | 13.18M | 10.73M | 9.9M | 20.51M | 4.75M | 14.47M | 8.27M | 18.11M | 17.5M | 15.01M | 9.85M | 13.71M | 12.59M | 9.56M |
| EBITDA Margin % | 17.33% | 23.82% | 22.35% | 20.17% | 18.41% | 28.89% | 19.76% | 17.86% | 16.32% | 29.12% | 8.22% | 21.98% | 14.34% | 23.32% | 24.28% | 22.08% | 15.71% | 19.4% | 19.27% | 16.15% |
| EBITDA Growth % | 6.78% | -10.72% | 26.62% | 30.39% | 22.91% | 4.55% | 177.73% | -25.82% | 19.73% | 13.25% | -72.87% | -3.62% | -15.98% | 32.1% | 38.92% | 57.08% | 52.96% | 32.88% | 41.22% | 42.63% |
| D&A (Non-Cash Add-back) | 0 | 4.08M | 3.7M | 3.68M | 3.4M | 3.04M | 2.74M | 2.81M | 2.69M | 2.5M | 2.54M | 2.2M | 2.11M | 1.84M | 1.83M | 1.87M | 1.84M | 1.86M | 2.29M | 2.34M |
| EBIT | 0 | 16.02M | 13.99M | 13.3M | 10.57M | 18.4M | 10.44M | 7.92M | 7.21M | 18.01M | 2.21M | 12.27M | 6.17M | 17.57M | 15.67M | 13.14M | 8M | 11.85M | 10.3M | 7.22M |
| Net Interest Income | 0 | 3.46M | 1.49M | 1.62M | 1.7M | 231K | 1.63M | 1.76M | 4.01M | 1.65M | 1.77M | 662K | 973K | 568K | 432K | 184K | 0 | 0 | 66K | 0 |
| Interest Income | 3.38M | 3.46M | 1.49M | 2.99M | 1.79M | 1.67M | 1.63M | 1.76M | 4.01M | 1.65M | 1.77M | 662K | 973K | 568K | 432K | 184K | 0 | 0 | 66K | 0 |
| Interest Expense | -2.16M | 0 | 0 | 1.38M | 90K | 1.44M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 1.23M | 963K | 999K | 1.62M | 1.7M | 3.11M | 3.95M | 3.07M | 4.01M | 1.09M | 2.75M | 2.55M | -1.25M | 105K | -439K | 485K | -513K | -253K | -198K | -112K |
| Pretax Income | 14.22M | 16.02M | 13.99M | 11.93M | 10.48M | 21.51M | 14.39M | 10.98M | 11.22M | 19.1M | 4.96M | 14.81M | 4.92M | 16.37M | 15.23M | 13.63M | 7.49M | 11.59M | 10.11M | 7.1M |
| Pretax Margin % | 18.97% | 19.94% | 18.74% | 17.19% | 15.84% | 28.98% | 21.57% | 18.28% | 18.49% | 27.12% | 8.59% | 22.5% | 8.53% | 21.09% | 21.13% | 20.05% | 11.95% | 16.4% | 15.46% | 12.01% |
| Income Tax | 2.19M | 6.16M | 1.8M | 1.39M | 935K | 3.21M | 1.75M | 1.51M | 1.49M | 1.18M | -1.51M | 3.19M | 964K | -1.66M | 3.12M | 3.21M | 1.14M | 864K | -64.78M | 488K |
| Effective Tax Rate % | 15.41% | 38.43% | 12.88% | 11.66% | 8.92% | 14.91% | 12.18% | 13.72% | 13.32% | 6.19% | -30.37% | 21.51% | 19.59% | -10.13% | 20.46% | 23.57% | 15.22% | 7.45% | -641.08% | 6.87% |
| Net Income | 12.03M | 9.87M | 12.19M | 10.54M | 9.54M | 18.3M | 12.64M | 9.48M | 9.73M | 17.92M | 6.47M | 11.63M | 3.96M | 18.03M | 12.11M | 10.42M | 6.35M | 10.73M | 74.89M | 6.62M |
| Net Margin % | 16.04% | 12.28% | 16.32% | 15.19% | 14.43% | 24.66% | 18.94% | 15.77% | 16.03% | 25.44% | 11.2% | 17.66% | 6.86% | 23.22% | 16.81% | 15.32% | 10.13% | 15.18% | 114.57% | 11.18% |
| Net Income Growth % | 26.08% | -46.1% | -3.53% | 11.21% | -1.88% | 2.14% | 95.35% | -18.49% | 145.73% | -0.63% | -46.59% | 11.62% | -37.66% | 68.06% | -83.82% | 57.44% | 138.95% | 36.82% | 1058.51% | 73.74% |
| Net Income (Continuing) | 12.03M | 9.87M | 12.19M | 10.54M | 9.54M | 18.3M | 12.64M | 9.48M | 9.73M | 17.92M | 6.47M | 11.63M | 3.96M | 18.03M | 12.11M | 10.42M | 6.35M | 10.73M | 74.89M | 6.62M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.17 | 0.14 | 0.17 | 0.14 | 0.13 | 0.24 | 0.17 | 0.13 | 0.13 | 0.24 | 0.09 | 0.15 | 0.05 | 0.24 | 0.16 | 0.13 | 0.08 | 0.13 | 0.94 | 0.08 |
| EPS Growth % | 30.77% | -41.67% | 0% | 7.69% | 0% | 0% | 99.3% | -13.33% | 148.09% | 0% | -46.69% | 15.38% | -34.5% | 84.62% | -82.98% | 62.5% | 166.67% | 30% | 1075% | 60% |
| EPS (Basic) | 0.17 | 0.14 | 0.17 | 0.15 | 0.13 | 0.25 | 0.17 | 0.13 | 0.13 | 0.24 | 0.09 | 0.16 | 0.05 | 0.25 | 0.16 | 0.14 | 0.08 | 0.14 | 0.97 | 0.09 |
| Diluted Shares Outstanding | 72.92M | 72.68M | 73.05M | 73.12M | 75.05M | 74.97M | 74.78M | 75.5M | 75.32M | 74.97M | 75.81M | 75.43M | 75.54M | 75.39M | 77.68M | 78.31M | 79.28M | 80.32M | 79.93M | 79.32M |
| Basic Shares Outstanding | 71.67M | 71.58M | 71.89M | 72.01M | 73.56M | 73.69M | 73.82M | 74.37M | 74.45M | 74.29M | 74.53M | 74.02M | 79.16M | 73.56M | 75.88M | 75.89M | 76.8M | 77.55M | 77.15M | 76.77M |
| Dividend Payout Ratio | - | 43.53% | 35.44% | 41% | 46.46% | 24.2% | 35.02% | 47.18% | 45.98% | 24.83% | 69.39% | 38.14% | 112.33% | 24.46% | 31.78% | 36.42% | 60.94% | - | - | - |