Filing Flows › A10 Networks (ATEN) › Q1 2026
A10 Networks (ATEN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
A10 Networks (ATEN) reported revenue of $75.0M for the first quarter 2026 (Q1 2026), +13% from a year earlier and -7% from the quarter before. Operating margin was 17.3%, net earnings $12.0M (16.0% of revenue).
A10 Networks, Q1 2026: revenue $75.0M (+13% year over year), operating margin 17.3%, net earnings $12.0M, operating cash flow $2.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $75.0M | -7% | +13% |
| Gross profit | $59.7M | -6% | +13% |
| Operating profit | $13.0M | -14% | +48% |
| Net earnings | $12.0M | +22% | +26% |
| Operating cash flow | $2.2M | -90% | -87% |
What changed
Revenue was $75.0M in Q1 2026, up 13% year over year and down 7% from the previous quarter. Products was the largest line at 59% of revenue. Products added $8.0M year over year (up 22%), 90% of the total change.
Gross margin was 79.6%, unchanged from Q1 2025. Operating profit was $13.0M, a 17.3% margin (up 4.1 points year over year). Of the extra revenue versus Q1 2025, 48% reached operating profit, above the 13% margin then. Operating expenses grew 6% against revenue growth of 13%. The fastest-growing cost line was Research & development (+20%). Net earnings were $12.0M, up 26% year over year. The effective tax rate was 15.4%.
Operating cash flow was $2.2M (down 87% year over year), 19% of net earnings. Non-cash charges added back $4.0M of depreciation and amortization and $4.8M of share-based compensation. Working capital and other items used $18.6M. Capital expenditures of $2.9M exceeded it, leaving free cash flow of −$689K.
Questions
What was A10 Networks' revenue in the first quarter 2026?
A10 Networks (ATEN) reported revenue of $75.0M for the first quarter 2026 (Q1 2026), +13% from a year earlier and -7% from the quarter before.
Was A10 Networks profitable in the first quarter 2026?
Operating profit was $13.0M (17.3% of revenue) and net earnings $12.0M.
Source: A10 Networks 10-Q on SEC EDGAR.