A10 Networks ATEN Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 79.3%-0.7pp | 79.3%-1.0pp | 79.7%-1.0pp | 79.7%-1.1pp | 80%-0.7pp | |
| Operating margin | 17.2%+0.1pp | 16.2%-0.6pp | 17.7%+0.9pp | 17.3%+3.1pp | 17%+1.5pp | |
| Net margin | 14.9%-3.8pp | 14.5%-4.7pp | 17.8%-1.5pp | 18.5%+0.9pp | 18.7%+0.7pp | |
| Returns | ||||||
| Return on equity | 21.4%-2.9pp | 19%-3.8pp | 23.9%-0.1pp | 24.4%+3.0pp | 24.4%+1.5pp | |
| Return on invested capital | 18%-9.5pp | 14.7%-12.8pp | 17.4%-12.1pp | 25.1%-1.5pp | 27.5%-1.9pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×-0.1× | 0.5×-0.1× | 0.6×-0.1× | 0.6×-0.1× | 0.5×-0.1× | |
| Liquidity | ||||||
| Current ratio | 3.7×-0.3× | 3.6×+1.1× | 3.6×+1.4× | 4.2×+1.8× | 4×+1.6× | |
| Leverage | ||||||
| Debt-to-equity | 1×-0.1× | 1.1×+1.0× | 1.1×+1.0× | 1.1×+1.1× | 1.2×+1.1× | |
| Net debt / EBITDA | 2.5×+2.8× | 2.5×+4.0× | 2.2×+3.4× | -0.4×+1.0× | -0.3×+1.9× | |
| Per Share | ||||||
| Book value per share | $3.03+16.0% | $2.87-6.6% | $2.82-2.8% | $2.79-1.7% | $2.61-8.3% | |
| Valuation | ||||||
| Market capitalization | $1.66B+37.2% | $1.27B-6.6% | $1.31B+22.8% | $1.32B+28.2% | $1.21B+18.5% | |
| Price / earnings | 37.2×+13.0× | 30.1×+3.0× | 25.9×+4.5× | 25.9×+2.3× | 24.2×+1.9× | |
| Price / sales | 5.5×+1.0× | 4.4×-0.8× | 4.6×+0.5× | 4.8×+0.6× | 4.5×+0.5× | |
| Price / book | 7.5×+1.3× | 6×+0.1× | 6.4×+1.4× | 6.5×+1.7× | 6.2×+1.4× | |
| EV / EBITDA | 27.4×+6.6× | 23×-0.1× | 22.5×+4.1× | 21.4×+0.3× | 20.7×+2.3× | |
| Dividend yield | 1%-0.4pp | 1.4%+0.1pp | 1.3%-0.3pp | 1.3%-0.4pp | 1.5%-0.3pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are A10 Networks's profit margins?
- A10 Networks (ATEN) runs a 79.3% gross margin and a 17.2% operating margin, with a 14.9% net margin.
- Where do A10 Networks's ratios come from?
- Every ratio is computed from A10 Networks's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
