A10 Networks, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($20.9m) ($10.8m) ($27.6m) ($17.8m) $17.8m $94.9m $46.9m $40.0m $50.1m $42.1m
Net Income (Loss) Available to Common Stockholders, Basic ($20.9m) ($10.8m) ($27.6m) ($17.8m) $17.8m $94.9m $46.9m $40.0m $50.1m $42.1m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($20.9m)
Depreciation, Depletion and Amortization $7.6m $8.5m $7.9m $10.0m $11.3m $8.9m $7.4m $9.3m $11.3m $14.9m
Amortization $300k $500k $500k
Amortization of Intangible Assets $700k $1.4m $1.4m $1.4m $1.4m $900k $900k
Depreciation $8.3m $7.1m $6.4m $5.0m $4.2m $2.6m $2.7m $4.6m $6.0m $9.8m
Deferred Income Tax Expense (Benefit) ($293k) $135k $85k ($358k) $226k ($64.8m) $2.8m $252k $297k $1.7m
Share-based Payment Arrangement, Noncash Expense $16.9m $17.2m $17.0m $16.5m $12.3m $14.4m $13.3m $14.1m $17.0m $20.0m
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss $300k
Income Tax Expense (Benefit) $757k $1.2m $1.1m $1.4m $1.3m ($63.2m) $5.8m $3.8m $8.0m $10.3m
Operating Lease, Expense $6.7m $5.4m $4.9m $4.9m $4.9m $4.9m
Changes in operating assets and liabilities:
Noncash investing and financing activities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $11.3m ($12.4m) $6.1m ($599k) ($2.3m) $10.4m $10.1m $679k $2.6m ($14.6m)
Increase (Decrease) in Inventories ($892k) $4.7m $1.5m $5.6m ($543k) $1.8m ($2.0m) $6.3m $760k ($3.7m)
Increase (Decrease) in Accounts Payable ($334k) ($942k) ($603k) ($621k) ($2.7m) $2.0m $103k ($3.0m) $2.2m ($1.5m)
Accounts Receivable, Credit Loss Expense (Reversal) $1.7m $1.1m $212k ($190k) ($78k) ($616k) ($36k) ($699k) $59k ($399k)
Purchases of property and equipment, accrued but unpaid $4.9m $5.7m $2.8m $4.3m $3.6m $5.2m $10.8m $10.9m $12.3m $20.1m
General and Administrative Expense $27.1m $28.1m $39.6m $23.7m $21.9m $23.4m $23.5m $23.9m $25.3m $29.8m
Goodwill $1.3m $1.3m $1.3m $1.3m $1.3m $1.3m $1.3m $1.3m $1.3m $15.1m
Nonoperating Income (Expense) ($1.1m) $827k $1.1m $682k $1.4m ($1.7m) ($363k) $5.1m $14.1m $5.3m
Operating Expenses $194.2m $192.5m $208.0m $180.8m $157.6m $163.1m $170.4m $165.1m $166.3m $183.4m
Net Cash Provided by (Used in) Operating Activities $18.8m $14.3m ($2.7m) ($426k) $55.3m $50.1m $66.1m $44.5m $90.5m $84.9m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $4.9m $5.7m $2.8m $4.3m $3.6m $5.2m $10.8m $10.9m $12.3m $20.1m
Payments to Acquire Businesses, Net of Cash Acquired $0 $0 $19.1m
Payments to Acquire Investments $1.0m $0
Net Cash Provided by (Used in) Investing Activities ($96.4m) ($5.1m) ($6.9m) ($251k) $5.2m ($38.1m) $11.1m $13.6m ($48.4m) ($243.6m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $0 $0 $225.0m
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $30.8m $60.1m $51.0m $43.5m $57.7m $88.8m $71.0m $64.5m $81.1m $136.8m
Proceeds from Issuance of Common Stock $10.3m $12.2m $3.7m $5.8m $9.6m $5.8m $7.0m $4.9m $3.6m $3.4m
Payments for Repurchase of Common Stock $1.8m $3.1m $0 $0 $32.5m $18.3m $79.3m $16.0m $30.1m $68.9m
Dividends paid $3.9m $15.9m $17.8m $17.8m $17.4m
Proceeds from (Payments for) Other Financing Activities ($102k) ($103k) ($77k) ($1k) $0 $0
Net Cash Provided by (Used in) Financing Activities $8.4m $8.4m $3.6m $5.8m ($22.9m) ($16.4m) ($88.1m) ($28.8m) ($44.3m) $134.8m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $17.6m ($5.9m) $5.1m $37.5m ($4.4m) ($11.0m) $29.3m ($2.1m) ($24.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $83.3m $78.9m $68.0m $97.2m $95.1m $71.1m
Cash, Cash Equivalents, and Short-term Investments $151.0m $153.6m $195.6m $377.9m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $194k $111k $100k $262k $4k $4k $0 $0 $0 $3.3m
Income Taxes Paid, Net $581k $1.1m $517k $934k $1.0m $199k $1.7m $2.4m $6.3m $6.8m