To the full analysis
A10 Networks stock: growth
ATENA10 Networks reported $290.56M in revenue for fiscal 2025, up 11% on the prior year, up 5.2% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
8.6%
per year from 2011 to 2025, per share 4.8%
Earnings (Annual rate)
13.3%
per year from 2011 to 2025, per share 26.5%
Free cash flow (Annual rate)
11.7%
per year from 2011 to 2025, per share 7.8%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2011 | |
|---|---|---|---|
| Revenue | 5.2% | 3.9% | 8.6% |
| Revenue per share | 6.8% | 2.4% | 4.8% |
| Earnings | 18.8% | no data | 13.3% |
| Earnings per share | 20.3% | no data | 26.5% |
| Free cash flow | 4.6% | no data | 11.7% |
| Free cash flow per share | 6.2% | no data | 7.8% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2011 | $91.28M | $7.3M | $13.78M |
| 2012 | $120.07M | −$90.15M | −$1.03M |
| 2013 | $141.74M | −$27.1M | −$28.13M |
| 2014 | $179.51M | −$34.72M | −$36.64M |
| 2015 | $198.96M | −$40.03M | −$86K |
| 2016 | $230M | −$20.94M | $12.41M |
| 2017 | $235.43M | −$10.75M | $8.58M |
| 2018 | $232.22M | −$27.62M | −$5.49M |
| 2019 | $212.63M | −$17.82M | −$4.77M |
| 2020 | $225.53M | $17.82M | $51.72M |
| 2021 | $250.04M | $94.89M | $44.93M |
| 2022 | $280.34M | $46.91M | $55.3M |
| 2023 | $251.7M | $39.97M | $33.62M |
| 2024 | $261.7M | $50.14M | $78.22M |
| 2025 | $290.56M | $42.14M | $64.77M |
Revenue by segment
How A10 Networks, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Product58%
- Service42%
Figures as a table
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|
| Product | $121.92M | $129.88M | $148.4M | $173.2M | $141.08M | $139.8M | $167.09M | 57.5% |
| Service | $90.71M | $95.65M | $101.64M | $107.14M | $110.62M | $121.9M | $123.47M | 42.5% |
| Total revenue | $212.63M | $225.53M | $250.04M | $280.34M | $251.7M | $261.7M | $290.56M | 100% |
Revenue by region
Where A10 Networks, Inc. generates its revenue.
- Americas60%
- Apj24%
- EMEA15%
Figures as a table
| 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|
| Americas | $148.67M | $132.75M | $134.36M | $175.18M | 60.3% |
| Apj | $89.7M | $77.61M | $87.18M | $70.52M | 24.3% |
| EMEA | $41.96M | $41.35M | $40.17M | $44.85M | 15.4% |
| Total revenue | $280.34M | $251.7M | $261.7M | $290.56M | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong since 11 Nov 2026, previously Neutral
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.