A10 Networks Reports Record 2025 Results and Dividend

An update from A10 Networks ( (ATEN) ) is now available.

On February 4, 2026, A10 Networks reported record financial results for the fourth quarter and full year ended December 31, 2025, with quarterly revenue reaching $80.4 million and annual revenue rising 11% year over year to $290.6 million. For 2025, the company posted GAAP net income of $42.1 million and non-GAAP net income of $66.3 million, alongside record adjusted EBITDA of $86.0 million and a robust non-GAAP gross margin above 80%. A10 significantly increased shareholder returns during 2025, distributing $86.3 million through share repurchases and dividends, and ended the year with $377.8 million in cash, cash equivalents, and marketable securities. The board declared a quarterly cash dividend of $0.06 per share, payable on March 2, 2026 to stockholders of record as of February 16, 2026, underscoring the company’s ongoing capital return strategy. Management highlighted strong demand for its security-led portfolio, particularly in AI-related and data center deployments, which helped A10 gain market share and drive growth ahead of the broader market, reinforcing its positioning in high-performance, security-centric networking.

The most recent analyst rating on (ATEN) stock is a Hold with a $22.00 price target. To see the full list of analyst forecasts on A10 Networks stock, see the ATEN Stock Forecast page.

Spark’s Take on ATEN Stock

According to Spark, TipRanks’ AI Analyst, ATEN is a Outperform.

A10 Networks’ strong financial performance and positive earnings call sentiment are the primary drivers of its overall stock score. The company’s strategic investments in AI infrastructure and cybersecurity have led to significant revenue growth, particularly in the Americas. While the technical analysis shows moderate bullish momentum, the valuation indicates the stock is fairly priced. Challenges in certain regions and macroeconomic headwinds are noted but are offset by the company’s strong operational performance.

To see Spark’s full report on ATEN stock, click here.

More about A10 Networks

A10 Networks, Inc. (NYSE: ATEN) is a provider of secure application services and integrated cybersecurity and networking solutions, supplying high-throughput, low-latency, security-led products that support AI infrastructure and data center buildouts. The company focuses on next-generation networking and security offerings while maintaining relationships with legacy network customers, and derives roughly two-thirds of its revenue from security-led solutions.

Average Trading Volume: 694,947

Technical Sentiment Signal: Buy

Current Market Cap: $1.27B

For an in-depth examination of ATEN stock, go to TipRanks’ Overview page.