Growth Metrics

A10 Networks (ATEN) FCF Margin (2016 - 2025)

A10 Networks' FCF Margin history spans 13 years, with the latest figure at 44.86% for Q4 2025.

  • For Q4 2025, FCF Margin rose 2360.0% year-over-year to 44.86%; the TTM value through Dec 2025 reached 29.18%, down 71.0%, while the annual FY2025 figure was 29.18%, 71.0% down from the prior year.
  • FCF Margin for Q4 2025 was 44.86% at A10 Networks, up from 24.2% in the prior quarter.
  • Across five years, FCF Margin topped out at 52.27% in Q1 2024 and bottomed at 1.71% in Q1 2023.
  • The 5-year median for FCF Margin is 24.96% (2025), against an average of 22.67%.
  • The largest annual shift saw FCF Margin tumbled -3563bps in 2023 before it soared 5398bps in 2024.
  • A 5-year view of FCF Margin shows it stood at 10.06% in 2021, then surged by 248bps to 35.04% in 2022, then crashed by -102bps to 0.59% in 2023, then surged by 3726bps to 21.27% in 2024, then soared by 111bps to 44.86% in 2025.
  • Per Business Quant, the three most recent readings for ATEN's FCF Margin are 44.86% (Q4 2025), 24.2% (Q3 2025), and 19.65% (Q2 2025).