Filing Flows › A10 Networks (ATEN) › Q2 2026 › vs Q2 2025
A10 Networks (ATEN) Q2 2026 vs Q2 2025 (year over year)
A10 Networks's revenue rose $10.8M (+15%) from $69.4M in Q2 2025 to $80.1M in Q2 2026. The biggest changes: Products +$9.9M (+25%); Services +$903K (+3%). Gross margin 79.1% against 78.9% (+0.2 pts).
A10 Networks, Q2 2026: revenue $80.1M (+16% year over year), operating margin 11.3%, net earnings $8.9M, operating cash flow $29.1M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 79.1% | 78.9% | +0.2 pts |
| Operating margin | 11.3% | 14.9% | -3.6 pts |
| Net margin | 11.1% | 15.2% | -4.1 pts |
| Free cash flow margin | 34.3% | 25.9% | +8.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Products | $49.0M | $39.2M | $9.9M | +25% |
| Services | $31.1M | $30.2M | $903K | +3% |
| Revenue | $80.1M | $69.4M | $10.8M | +15% |
| Gross profit | $63.4M | $54.7M | $8.7M | +16% |
| Cost of revenue | $16.8M | $14.7M | $2.1M | +14% |
| Other income, net | $899K | $1.6M | −$719K | -44% |
| Operating profit | $9.0M | $10.3M | −$1.3M | -12% |
| Operating expenses | $54.4M | $44.4M | $10.0M | +22% |
| Pre-tax earnings | $9.9M | $11.9M | −$2.0M | -17% |
| Research & development | $21.2M | $16.3M | $4.9M | +30% |
| Sales & marketing | $21.9M | $21.0M | $941K | +4% |
| General & admin | $11.3M | $7.2M | $4.1M | +57% |
| Net earnings | $8.9M | $10.5M | −$1.7M | -16% |
| Income tax | $1.0M | $1.4M | −$350K | -25% |
| Depreciation & amortization | $4.4M | $3.7M | $768K | +21% |
| Share-based compensation | $9.0M | $4.4M | $4.6M | +103% |
| Working capital & other | $6.8M | $3.6M | $3.3M | +92% |
| Operating cash flow | $29.1M | $22.2M | $6.9M | +31% |
| Free cash flow (OCF − capex) | $27.5M | $17.9M | $9.6M | +53% |
| Capital expenditures | $1.6M | $4.2M | −$2.6M | -62% |
Questions
How much did A10 Networks's revenue grow year over year in Q2 2026?
A10 Networks's revenue rose $10.8M (+15%) from $69.4M in Q2 2025 to $80.1M in Q2 2026.
What drove A10 Networks's revenue change in Q2 2026?
Products +$9.9M (+25%); Services +$903K (+3%).