A10 Networks Q4 Revenue Reaches $80.4M
Reports Q4 revenue $80.4M, consensus $78.1M. "A10 continues to benefit from strong end demand across its portfolio, capturing market share as customers deploy our solutions to support AI infrastructure and driving growth ahead of the market," said Dhrupad Trivedi, President and Chief Executive Officer of A10 Networks. "A10's strategic position aligned with the increasingly pressing demands for high-throughput, low-latency, and integrated security, are benefitting us as we work with customers on their data center buildouts. Security-led revenue has now achieved our stated target model of two-thirds of our revenue and continues to drive consistent growth. In 2025, we continued to expand the business driven by next-generation networking and integrated cybersecurity solutions while maintaining strong alignment with our traditional legacy network customers. We continue to deliver on our business model goals. We generated nearly $85 million in cash flow from operations, enabling continued investment in our business and the return of capital to our shareholders. Building on our execution in 2025, operational discipline remains foundational to our business model as we enter 2026, supporting sustained top- and bottom-line growth."
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- Investor Day Announcement: A10 Networks will host an Investor Day on February 19, 2026, at the Fairmont San Francisco, where the executive team will outline the long-term growth framework across Legacy Networking, Next-Generation Networking, and Security, aimed at enhancing investor understanding of the company's strategy and financial priorities.
- Live Webcast Details: The event will feature a live webcast starting at 1:00 PM Pacific Time and concluding at 3:00 PM, allowing investors who cannot attend in person to participate, thereby increasing company transparency and investor engagement.
- Registration and Attendance: In-person attendees are required to register in advance, with check-in and lunch starting at 12:00 PM on the event day, ensuring investors have ample opportunity to learn about A10's latest developments and market positioning.
- Company Overview: Founded in 2004 and headquartered in San Jose, California, A10 Networks serves over 7,000 global customers by providing secure application and network solutions that help businesses address cybersecurity threats and optimize mission-critical systems.
- Quarterly Dividend Announcement: A10 Networks has declared a quarterly dividend of $0.06 per share, consistent with previous distributions, indicating the company's stable cash flow and commitment to shareholder returns.
- Dividend Yield: The forward yield of 1.37% reflects the company's attractiveness in the current market environment, potentially drawing more investor interest.
- Payment Schedule: The dividend is payable on March 2, with a record date of February 16 and an ex-dividend date of February 13, ensuring shareholders receive timely returns.
- Future Growth Targets: A10 Networks aims for a revenue growth of 10% to 12% in 2026, driven by AI demand and record Q4 results, highlighting the company's positive outlook in terms of technological innovation and market demand.
- Significant Revenue Growth: A10 Networks achieved $290.6 million in revenue for FY 2025, marking an 11% year-over-year increase, demonstrating the effectiveness of sustained investments in AI-driven workload support, thereby enhancing market competitiveness.
- Security Solutions Dominance: Security-led solutions accounted for 65% of total revenue, reaching the company's long-term target, indicating a sustained demand for A10's offerings, particularly highlighted by wins in the global data analytics and airline sectors.
- R&D Budget Reallocation: The company has reallocated its R&D budget to focus on accelerating the development of future AI-related solutions, which is expected to drive both current and future growth, further solidifying its market position.
- Optimistic Future Outlook: Management anticipates a revenue growth of 10% to 12% for FY 2026 and provided explicit multi-metric guidance for the first time, reflecting confidence in the company's strategic investments and market opportunities.
- Strong Earnings Report: A10 Networks reported a Q4 non-GAAP EPS of $0.26, beating expectations by $0.02, indicating a sustained enhancement in the company's profitability.
- Revenue Growth: The Q4 revenue reached $80.4 million, reflecting an 8.4% year-over-year increase and surpassing market expectations by $2.31 million, demonstrating the company's increasing competitiveness in the market.
- Future Outlook: Management anticipates a revenue growth of 10-12% for the full year 2026, which not only reflects confidence in future market demand but also provides investors with a positive growth outlook.
- Margin Targets: The expected non-GAAP gross margin is projected to remain in line with historical levels at 80-82%, with expanding net and EBITDA margins, showcasing the company's strategic advantages in cost control and profitability.
- Earnings Announcement Schedule: A10 Networks (ATEN) is set to release its Q4 earnings on February 4 after market close, with consensus EPS estimate at $0.24, reflecting a 22.6% year-over-year decline, while revenue is expected to reach $78.09 million, indicating a 5.2% year-over-year growth, showcasing resilience in revenue growth.
- Historical Performance: Over the past two years, A10 Networks has exceeded EPS estimates 88% of the time and revenue estimates 75% of the time, indicating reliability in financial forecasting and strong market confidence in the company.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen one upward revision and three downward adjustments, while revenue estimates have experienced five upward revisions with no downward changes, reflecting optimistic market sentiment regarding the company's future revenue growth.
- Analyst Rating Insights: Seeking Alpha's Quant Rating on A10 Networks highlights market attention to its financial performance, further emphasizing investor expectations for the company's future results.







