Filing Flows › A10 Networks (ATEN) › Q3 2025
A10 Networks (ATEN) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
A10 Networks (ATEN) reported revenue of $74.7M for the third quarter 2025 (Q3 2025), +12% from a year earlier and +8% from the quarter before. Operating margin was 17.4%, net earnings $12.2M (16.3% of revenue).
A10 Networks, Q3 2025: revenue $74.7M (+12% year over year), operating margin 17.4%, net earnings $12.2M, operating cash flow $22.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $74.7M | +8% | +12% |
| Gross profit | $59.9M | +9% | +11% |
| Operating profit | $13.0M | +26% | +24% |
| Net earnings | $12.2M | +16% | -4% |
| Operating cash flow | $22.8M | +3% | +13% |
| Free cash flow | $18.1M | +0.8% | +8% |
What changed
Revenue was $74.7M in Q3 2025, up 12% year over year and up 8% from the previous quarter. Products was the largest line at 58% of revenue. Products added $6.2M year over year (up 17%), 78% of the total change.
Gross margin was 80.1%, down 0.3 points from a year earlier. Operating profit was $13.0M, a 17.4% margin (up 1.7 points year over year). Of the extra revenue versus a year earlier, 32% reached operating profit, above the 16% margin then. Operating expenses grew 8% against revenue growth of 12%. The fastest-growing cost line was Research & development (+17%). Net earnings were $12.2M, down 4% year over year. The effective tax rate was 12.9%.
Operating cash flow was $22.8M (up 13% year over year), 187% of net earnings. Non-cash charges added back $3.8M of depreciation and amortization and $4.8M of share-based compensation. Working capital and other items added $2.0M. Capital expenditures of $4.7M left free cash flow of $18.1M.
Questions
What was A10 Networks' revenue in the third quarter 2025?
A10 Networks (ATEN) reported revenue of $74.7M for the third quarter 2025 (Q3 2025), +12% from a year earlier and +8% from the quarter before.
Was A10 Networks profitable in the third quarter 2025?
Operating profit was $13.0M (17.4% of revenue) and net earnings $12.2M.
Source: A10 Networks 10-Q on SEC EDGAR.