A10 Networks, Inc. - Understand $aten stock

$ATEN Market Cap: $1.33 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$257.9M

TTM

Gross Margin

80.68%

TTM

Net Earnings

$49.76M

TTM

Current Assets

$283.8M

Q3 2024

Current Liabilities

$127.0M

Q3 2024

Current Ratio

223.43%

Q3 2024

Total Assets

$407.7M

Q3 2024

Total Liabilities

$190.5M

Q3 2024

Book Value

$217.3M

Q3 2024

Cash

$78.06M

Q3 2024

P/E

26.73

Nov 29, 2024 EST

Free Cash Flow

$53.75M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$251.7M	$280.3M	$250.0M	$225.5M	$212.6M	$232.2M	$235.4M	$227.3M	$196.3M	$179.5M	$141.7M	$120.1M	$91.30M
YoY Change	-10.22%	12.12%	10.87%	6.07%	-8.44%	-1.36%	3.58%	15.8%	9.35%	26.65%	18.05%	31.51%	65.1%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$251.7M	$280.3M	$250.0M	$225.5M	$212.6M	$232.2M	$235.4M	$227.3M	$196.3M	$179.5M	$141.7M	$120.1M	$91.30M
Cost Of Revenue	$47.96M	$56.83M	$53.51M	$50.15M	$48.88M	$51.90M	$53.32M	$54.41M	$48.40M	$42.94M	$33.40M	$24.51M	$18.50M
Gross Profit	$203.7M	$223.5M	$196.5M	$175.4M	$163.7M	$180.3M	$182.1M	$172.9M	$147.9M	$136.6M	$108.3M	$95.56M	$72.80M
Gross Profit Margin	80.94%	79.73%	78.6%	77.76%	77.01%	77.65%	77.35%	76.06%	75.34%	76.08%	76.44%	79.59%	79.74%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Selling, General & Admin	$109.9M	$112.0M	$109.1M	$99.58M	$116.5M	$142.8M	$129.5M	$130.7M	$131.1M	$119.8M	$86.31M	$61.55M	$37.60M
YoY Change	-1.94%	2.71%	9.53%	-14.51%	-18.45%	10.31%	-0.9%	-0.37%	9.49%	38.77%	40.24%	63.69%	57.32%
% of Gross Profit	53.92%	50.12%	55.5%	56.78%	71.14%	79.22%	71.11%	75.58%	88.68%	87.7%	79.67%	64.41%	51.65%
Research & Development	$55.23M	$58.40M	$54.08M	$58.06M	$61.82M	$65.16M	$62.99M	$60.70M	$54.84M	$49.90M	$33.35M	$25.51M	$16.70M
YoY Change	-5.43%	7.99%	-6.86%	-6.08%	-5.12%	3.44%	3.77%	10.68%	9.9%	49.64%	30.71%	52.77%	85.56%
% of Gross Profit	27.11%	26.13%	27.51%	33.11%	37.76%	36.13%	34.59%	35.11%	37.09%	36.54%	30.78%	26.7%	22.94%
Depreciation & Amortization	$9.346M	$7.381M	$8.907M	$11.30M	$10.03M	$7.880M	$8.511M	$8.267M	$8.600M	$10.00M	$6.900M	$4.700M	$3.420M
YoY Change	26.62%	-17.13%	-21.2%	12.71%	27.26%	-7.41%	2.95%	-3.87%	-14.0%	44.93%	46.81%	37.43%
% of Gross Profit	4.59%	3.3%	4.53%	6.44%	6.12%	4.37%	4.67%	4.78%	5.82%	7.32%	6.37%	4.92%	4.7%
Operating Expenses	$165.1M	$170.4M	$163.1M	$157.6M	$180.8M	$208.0M	$192.5M	$193.5M	$188.2M	$166.8M	$131.2M	$182.6M	$54.30M
YoY Change	-3.13%	4.46%	3.49%	-12.83%	-13.06%	8.06%	-0.5%	2.8%	12.8%	27.18%	-28.15%	236.24%	65.05%
Operating Profit	$38.65M	$53.08M	$33.39M	$17.73M	-$17.09M	-$27.68M	-$10.37M	-$20.57M	-$40.31M	-$30.27M	-$22.84M	-$87.02M	$18.50M
YoY Change	-27.19%	58.98%	88.28%	-203.74%	-38.24%	166.86%	-49.58%	-48.97%	33.16%	32.52%	-73.75%	-570.38%	83.17%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	$5.078M	$1.304M	$0.00	$1.000K	$237.0K	$129.0K	$162.0K	$424.0K	$509.0K	$1.028M	$1.495M	$135.0K	-$900.0K
YoY Change	289.42%		-100.0%	-99.58%	83.72%	-20.37%	-61.79%	-16.7%	-50.49%	-31.24%	1007.41%	-115.0%	-25.0%
% of Operating Profit	13.14%	2.46%	0.0%	0.01%									-4.86%
Other Income/Expense, Net	$69.00K	-$363.0K	-$1.746M	$1.406M	$682.0K	$1.144M	$827.0K	-$1.064M	-$841.0K	-$2.942M	-$3.613M	-$2.372M
YoY Change	-119.01%	-79.21%	-224.18%	106.16%	-40.38%	38.33%	-177.73%	26.52%	-71.41%	-18.57%	52.32%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Pretax Income	$43.80M	$52.72M	$31.64M	$19.14M	-$16.41M	-$29.66M	-$9.545M	-$21.63M	-$41.15M	-$35.59M	-$28.31M	-$90.69M	$8.200M
YoY Change	-16.92%	66.6%	65.33%	-216.62%	-44.66%	210.72%	-55.88%	-47.43%	15.61%	25.71%	-68.78%	-1206.02%	49.09%
Income Tax	$3.825M	$5.808M	-$63.25M	$1.323M	$1.407M	$1.082M	$1.206M	$757.0K	$747.0K	$1.507M	$640.0K	$758.0K	$900.0K
% Of Pretax Income	8.73%	11.02%	-199.88%	6.91%									10.98%
Net Earnings	$39.97M	$46.91M	$94.89M	$17.82M	-$17.82M	-$27.62M	-$10.75M	-$22.39M	-$41.90M	-$34.72M	-$27.10M	-$90.15M	$7.300M
YoY Change	-14.79%	-50.56%	432.59%	-199.98%	-35.48%	156.88%	-51.99%	-46.56%	20.67%	28.14%	-69.94%	-1334.93%	40.38%
Net Earnings / Revenue	15.88%	16.73%	37.95%	7.9%	-8.38%	-11.89%	-4.57%	-9.85%	-21.34%	-19.34%	-19.12%	-75.08%	8.0%
Basic Earnings Per Share	$0.54	$0.62	$1.23	$0.23	-$0.23	-$0.38				-$0.74	-$3.14	-$10.80
Diluted Earnings Per Share	$0.53	$0.60	$1.19	$0.22	-$0.23	-$0.38	-$154.1K	-$340.9K	-$671.5K	-$0.74	-$3.14	-$10.80	$146.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Cash & Short-Term Investments	$159.3M	$151.0M	$185.0M	$158.1M	$129.9M	$128.4M	$131.1M	$114.3M	$98.10M	$91.90M	$20.80M	$23.90M	$19.00M
YoY Change	5.5%	-18.4%	17.04%	21.71%	1.17%	-2.06%	14.7%	16.51%	6.75%	341.83%	-12.97%	25.79%
Cash & Equivalents	$97.24M	$67.97M	$78.93M	$83.30M	$45.70M	$40.60M	$46.60M	$29.00M	$98.10M	$91.90M	$20.80M	$23.90M	$19.00M
Short-Term Investments	$62.06M	$83.02M	$106.1M	$74.90M	$84.20M	$87.80M	$84.60M	$85.40M	$0.00
Other Short-Term Assets	$14.70M	$13.38M	$14.72M	$12.40M	$15.10M	$14.70M	$6.800M	$5.200M	$5.100M	$4.700M	$2.700M	$2.800M	$1.300M
YoY Change	9.82%	-9.1%	18.71%	-17.88%	2.72%	116.18%	30.77%	1.96%	8.51%	74.07%	-3.57%	115.38%
Inventory	$23.52M	$19.69M	$22.46M	$20.70M	$22.40M	$17.90M	$17.60M	$15.80M	$18.70M	$20.70M	$17.20M	$14.30M	$8.600M
Prepaid Expenses
Receivables	$74.31M	$72.93M	$61.80M	$51.10M	$53.60M	$54.00M	$48.30M	$61.30M	$54.80M	$54.00M	$37.70M	$23.90M	$18.10M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$400.0K	$2.100M	$700.0K
Total Short-Term Assets	$271.8M	$257.0M	$284.0M	$242.3M	$220.9M	$214.9M	$203.8M	$196.7M	$176.6M	$171.3M	$78.70M	$67.00M	$47.70M
YoY Change	5.77%	-9.52%	17.22%	9.69%	2.79%	5.45%	3.61%	11.38%	3.09%	117.66%	17.46%	40.46%
Property, Plant & Equipment	$29.88M	$19.74M	$33.56M	$36.10M	$40.70M	$7.300M	$9.900M	$8.200M	$8.900M	$10.80M	$9.800M	$7.800M	$4.900M
YoY Change	51.32%	-41.17%	-7.04%	-11.3%	457.53%	-26.26%	20.73%	-7.87%	-17.59%	10.2%	25.64%	59.18%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments											$700.0K	$700.0K	$600.0K
YoY Change											0.0%	16.67%
Other Assets	$86.80M	$91.06M	$74.20M	$10.20M	$8.800M	$8.600M	$4.600M	$3.900M	$3.500M	$4.900M	$3.500M	$200.0K	$400.0K
YoY Change	-4.68%	22.73%	627.46%	15.91%	2.33%	86.96%	17.95%	11.43%	-28.57%	40.0%	1650.0%	-50.0%
Total Long-Term Assets	$118.0M	$112.1M	$109.1M	$48.50M	$53.20M	$21.00M	$21.10M	$20.00M	$13.30M	$15.70M	$15.10M	$9.800M	$7.700M
YoY Change	5.24%	2.79%	124.88%	-8.83%	153.33%	-0.47%	5.5%	50.38%	-15.29%	3.97%	54.08%	27.27%
Total Assets	$389.8M	$369.1M	$393.1M	$290.8M	$274.1M	$235.9M	$224.9M	$216.7M	$189.9M	$187.0M	$93.80M	$76.80M	$55.40M
YoY Change
Accounts Payable	$7.024M	$6.725M	$6.852M	$4.900M	$7.600M	$8.200M	$9.000M	$9.900M	$10.50M	$9.000M	$9.200M	$5.600M	$3.200M
YoY Change	4.45%	-1.85%	39.84%	-35.53%	-7.32%	-8.89%	-9.09%	-5.71%	16.67%	-2.17%	64.29%	75.0%
Accrued Expenses	$21.39M	$37.18M	$36.10M	$36.90M	$27.80M	$25.30M	$21.80M	$31.50M	$27.80M	$22.40M	$25.90M	$95.60M	$12.30M
YoY Change	-42.48%	3.0%	-2.17%	32.73%	9.88%	16.06%	-30.79%	13.31%	24.11%	-13.51%	-72.91%	677.24%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due											$0.00	$7.800M	$1.000M
YoY Change											-100.0%	680.0%
Total Short-Term Liabilities	$111.1M	$118.2M	$116.1M	$107.8M	$97.60M	$97.40M	$92.70M	$101.4M	$87.00M	$70.70M	$63.60M	$128.5M	$28.60M
YoY Change	-6.07%	1.86%	7.69%	10.45%	0.21%	5.07%	-8.58%	16.55%	23.06%	11.16%	-50.51%	349.3%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$20.00M	$0.00	$2.100M
YoY Change										-100.0%		-100.0%
Other Long-Term Liabilities	$70.86M	$69.85M	$68.11M	$67.10M	$67.70M	$34.60M	$33.70M	$32.60M	$24.60M	$19.70M	$18.90M	$18.50M	$8.600M
YoY Change	1.46%	2.54%	1.51%	-0.89%	95.66%	2.67%	3.37%	32.52%	24.87%	4.23%	2.16%	115.12%
Total Long-Term Liabilities	$70.86M	$69.85M	$68.11M	$67.10M	$67.70M	$34.60M	$33.70M	$32.60M	$24.60M	$19.70M	$38.90M	$18.50M	$10.70M
YoY Change	1.46%	2.54%	1.51%	-0.89%	95.66%	2.67%	3.37%	32.52%	24.87%	-49.36%	110.27%	72.9%
Total Liabilities	$181.9M	$188.1M	$184.2M	$174.8M	$165.3M	$132.0M	$126.5M	$134.0M	$111.7M	$90.40M	$102.5M	$146.9M	$39.40M
YoY Change	-3.27%	2.12%	5.38%	5.75%	25.23%	4.35%	-5.6%	19.96%	23.56%	-11.8%	-30.22%	272.84%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2015	2014	2013	2012
Basic Shares Outstanding	74.21M shares	75.53M shares	77.05M shares	77.78M shares	76.08M shares	72.88M shares	62.43M shares	48.68M shares	9.262M shares	8.344M shares
Diluted Shares Outstanding	75.55M shares	77.75M shares	80.04M shares	80.02M shares	76.08M shares	72.88M shares	62.43M shares	48.68M shares	9.262M shares	8.344M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.3299 Billion

About A10 Networks, Inc.

A10 Networks, Inc. engages in the provision of networking solutions. The company is headquartered in San Jose, California and currently employs 525 full-time employees. The company went IPO on 2014-03-21. Its product portfolio consists of six secure application solutions and two intelligent management and automation tools. Its software solutions are available to be delivered in a variety of form factors, such as embedded in optimized hardware appliances, as bare metal software, containerized software, virtual appliances and cloud-native software. Its secure application solutions include Thunder Application Delivery Controller (ADC), Thunder Carrier Grade Networking (CGN), Thunder SSL Insight (SSLi), and Thunder Convergent Firewall (CFW). Harmony Controller is its intelligent management and automation tool. Its A10 Defend Suite of Products include A10 Defend Threat Control, A10 Defend Orchestrator, A10 Defend Detector, and A10 Defend Mitigator. Its customers span global large enterprises and communications, cloud and Web service providers, and others.

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