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
Total Revenue $230.0m $235.4m $232.2m $212.6m $225.5m $250.0m $280.3m $251.7m $261.7m $290.6m
Cost of Revenue $54.9m $53.3m $51.9m $48.9m $50.1m $53.5m $56.8m $48.0m $51.4m $60.0m
Gross Profit $175.1m $182.1m $180.3m $163.7m $175.4m $196.5m $223.5m $203.7m $210.3m $230.5m
Operating Expenses $194.2m $192.5m $208.0m $180.8m $157.6m $163.1m $170.4m $165.1m $166.3m $183.4m
Operating Income (Loss) ($19.1m) ($10.4m) ($27.7m) ($17.1m) $17.7m $33.4m $53.1m $38.6m $44.0m $47.1m
Additional Financial Items
Amortization of Intangible Assets $700k $1.4m $1.4m $1.4m $1.4m $900k $900k
Income (Loss) from Continuing Operations before Income Taxes, Domestic ($23.0m) ($13.8m) ($29.7m) ($20.3m) $15.5m $29.1m $52.2m $41.1m $56.7m $49.1m
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss $300k
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($9.5m) $31.6m $52.7m $43.8m $58.1m $52.4m
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
Earnings Per Share, Basic ($0.38) ($0.23) $0.23 $1.23 $0.62 $0.54 $0.68 $0.58
Earnings Per Share, Diluted ($0.32) ($0.15) ($0.38) ($0.23) $0.22 $1.19 $0.60 $0.53 $0.67 $0.57
Common Stock, Dividends, Per Share, Declared ($0.38) ($0.23) $0.23 $1.23 $0.24 $0.24 $0.24 $0.24
Weighted Average Number of Shares Outstanding, Basic 72.9m 76.1m 77.8m 77.0m 75.5m 74.2m 74.1m 72.3m
Weighted Average Number of Shares Outstanding, Diluted 72.9m 76.1m 80.0m 80.0m 77.8m 75.5m 75.3m 73.6m
Other income (expense):
Research and Development Expense $60.7m $63.0m $65.2m $61.8m $58.1m $54.1m $58.4m $55.2m $57.7m $69.1m
Selling and Marketing Expense $104.4m $101.4m $103.2m $92.8m $77.7m $85.7m $88.5m $86.0m $83.3m $84.5m
General and Administrative Expense $27.1m $28.1m $39.6m $23.7m $21.9m $23.4m $23.5m $23.9m $25.3m $29.8m
Current Income Tax Expense (Benefit) $1.1m $1.1m $997k $1.8m $1.1m $1.6m $3.0m $3.6m $7.7m $8.6m
Interest Expense $424k $162k $129k $237k $1k $0
Interest Expense, Debt $5.9m
Operating Lease, Expense $6.7m $5.4m $4.9m $4.9m $4.9m $4.9m
Income Tax Expense (Benefit) $757k $1.2m $1.1m $1.4m $1.3m ($63.2m) $5.8m $3.8m $8.0m $10.3m
Nonoperating Income (Expense) ($1.1m) $827k $1.1m $682k $1.4m ($1.7m) ($363k) $5.1m $14.1m $5.3m
Interest Income (Expense), Nonoperating, Net $640k $989k $1.3m $919k $1.4m $1.7m $1.3m $5.1m $6.7m $11.6m