Touchstone
Last syncNov 1, 2026, 6:55 PM ET

ATEN

A10 Networks, Inc. Information Technology Computer Communications Equipment Russell 3000
$24.48Close $1.8BMarket cap $16.43 – $38.0352-week range Nov 5, 2026Next report · after the close

Highlights

Cautions

  • Not in an uptrend 3 of 8 trend conditions
  • Far from its high 36% below its 52-week high
  • Earnings shrinking EPS −19% year on year
  • Results soon Nov 5, 2026, in 4 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 6, 2026
Off 12-month high 36%
1wk down 3.8% price change
1mo down 9.7% price change
12-month return up 40% market up 11% · its own up 31%
F-score 5 / 9 Mixed
Altman Z 3.88 Low risk
P/E 41.5× price / earnings
PEG — P/E / EPS growth
P/B 8.3× price / book
Earnings yield up 2.5% EBIT / enterprise value
Cheaper than 38% of the market · expensive
Revenue growth up 11% year on year
EPS growth down 19% latest quarter · -48 pts
Sales growth up 15% latest quarter · +2 pts
ROE up 19% return on equity
Free cash margin up 22% $64.8M FCF
D/E 1.03 long-term debt / equity
Net debt / EBITDA 2.4×
Interest cover 8.0×EBIT / interest
Piotroski tests
  • profitability slipped from last year
  • took on more long-term debt
  • gross margin narrowed
  • assets working less efficiently
  • profitable on its assets
  • generating cash from operations
  • profits backed by cash
  • short-term liquidity improved
  • no new shares issued

Trade setup

ATR% 4.9% $1.19 a day · 2×ATR $22.09
RS 58 / 99 vs the universe
Trend 3 / 8 trend template
Relative volume 0.7× vs 50-day average
Up/down volume 0.82 50 sessions
Implied move — no option chain · report Nov 5, 2026
Trend template · 3 of 8
  • Price above the 150 and 200-day averages: fails
  • 150-day average above the 200-day: passes
  • 200-day average rising for a month: passes
  • 50-day average above the 150 and 200-day: fails
  • Price above the 50-day average: fails
  • At least 30% above the 52-week low: passes
  • Within 25% of the 52-week high: fails
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

1 flagged
  • Gross margin narrowing Gross margin fell from 80.4% to 79.3%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported Aug 5, 2026
Results reaction Aug 5, 2026-10% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $290.6M +11% on FY2024
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $225.5M FY2021 · $250.0M FY2022 · $280.3M FY2023 · $251.7M FY2024 · $261.7M FY2025 · $290.6M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $42.1M -16% on FY2024
$0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $17.8M FY2021 · $94.9M FY2022 · $46.9M FY2023 · $40.0M FY2024 · $50.1M FY2025 · $42.1M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $64.8M -17% on FY2024
$0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $51.7M FY2021 · $44.9M FY2022 · $55.3M FY2023 · $33.6M FY2024 · $78.2M FY2025 · $64.8M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 79%
  • Net 15%
  • Free cash 22%
0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 78% · Net 8% · Free cash 23% FY2021 · Gross 79% · Net 38% · Free cash 18% FY2022 · Gross 80% · Net 17% · Free cash 20% FY2023 · Gross 81% · Net 16% · Free cash 13% FY2024 · Gross 80% · Net 19% · Free cash 30% FY2025 · Gross 79% · Net 15% · Free cash 22%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $147.6M net debt
  • Cash
  • Long-term debt
$0 $250M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $83.3M FY2021 · Cash $78.9M FY2022 · Cash $68.0M FY2023 · Cash $97.2M FY2024 · Cash $95.1M · Long-term debt $0 FY2025 · Cash $71.1M · Long-term debt $218.8M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 71.50m -6.4% since FY2020
76.35m 71.50m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 76.35m FY2021 · 76.35m FY2022 · 73.74m FY2023 · 74.36m FY2024 · 73.69m FY2025 · 71.50m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $225.5M $250.0M $280.3M $251.7M $261.7M $290.6M
Gross margin 78% 79% 80% 81% 80% 79%
Operating income $17.7M $33.4M $53.1M $38.6M $44.0M $47.1M
Net income $17.8M $94.9M $46.9M $40.0M $50.1M $42.1M
Net margin 8% 38% 17% 16% 19% 15%
Earnings per share $0.22 $1.19 $0.60 $0.53 $0.67 $0.57
Free cash flow $51.7M $44.9M $55.3M $33.6M $78.2M $64.8M
Free cash margin 23% 18% 20% 13% 30% 22%
Cash $83.3M $78.9M $68.0M $97.2M $95.1M $71.1M
Long-term debt — — — — $0 $218.8M
Shareholders' equity $116.0M $208.9M $181.0M $207.9M $231.8M $211.5M
Shares outstanding 76.35m 76.35m 73.74m 74.36m 73.69m 71.50m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 6, 2026 Quarterly ↗ Jun 30, 2026 37d
May 7, 2026 Quarterly ↗ Mar 31, 2026 37d
Feb 25, 2026 Annual ↗ Dec 31, 2025 56d
Nov 4, 2025 Quarterly ↗ Sep 30, 2025 35d
Aug 5, 2025 Quarterly ↗ Jun 30, 2025 36d
May 6, 2025 Quarterly ↗ Mar 31, 2025 36d
Feb 25, 2025 Annual ↗ Dec 31, 2024 56d
Nov 7, 2024 Quarterly ↗ Sep 30, 2024 38d
Jul 30, 2024 Quarterly ↗ Jun 30, 2024 30d
May 3, 2024 Quarterly ↗ Mar 31, 2024 33d
Feb 29, 2024 Annual ↗ Dec 31, 2023 60d
Nov 7, 2023 Quarterly ↗ Sep 30, 2023 38d

Current reports

FiledDisclosed
Sep 14, 2026 Director or officer change ↗
Aug 7, 2026 Other events ↗
Aug 5, 2026 Results · Regulation FD · Other events ↗
Aug 5, 2026 Material agreement · Unregistered share sale ↗
May 7, 2026 Director or officer change ↗
May 1, 2026 Director or officer change ↗
Apr 28, 2026 Results · Regulation FD · Other events ↗
Apr 23, 2026 Shareholder vote ↗
Feb 4, 2026 Results · Regulation FD · Other events ↗
Nov 4, 2025 Results · Regulation FD · Other events ↗
Sep 5, 2025 Director or officer change ↗
Aug 5, 2025 Results · Regulation FD · Other events ↗