← BackA10 Networks, Inc. · Computer Communications EquipmentATEN
Low riskNext report: In 7 days (est.)
The short versionA profitable company with growing sales. Institutions are adding.
Going well
- Sales up 16% in the latest quarter vs a year ago
- Profitable
- Sales up 11% last year
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 6% to their holdings in the quarter ending June 2026 (166 bought, 128 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$25.79+1.3% that day
- Company value
- $1.9B
- Share price times all shares
- Price vs profit (P/E)
- 43.7x
- You pay about $44 for each $1 of yearly profit
- Price vs sales
- 6.0x
- Company value is 6.0 times a year of sales
- Dividend yield
- 0.9%
- Yearly dividend as a share of today's price
- Cash vs value
- 3%
- Cash as a share of company value
- Debt vs value
- 12%
- Debt as a share of company value
From ATEN's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$80.1M+15% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $310.2M, up 12% from the 12 months before. Over 5 years, sales grew about 5.2% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.19.0%
- MissDebt under half of equityNot relying on borrowed money.1.03x equity
- PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.14.5%
- MissProfitable every yearSteady profits, not one good year.6 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$64.8M
- PassShare count not growingNot diluting owners. Falling means buybacks.-5.4% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.79.3%
- Revenue
- $290.6M
- +11.0% vs prior year
- 5-year growth
- +5.2%/yr
- revenue, per year
- Total debt
- $218.8M
- 1.03x equity
- Current ratio
- 3.56x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $80.1M
- +15.5% YoY
- EPS
- $0.12
- vs $0.14
- Op. margin
- 11.3%
- -3.6 pts
- Gross margin
- 79.1%
- +0.2 pts
- Free cash flow
- $27.5M
- Share count
- +3.5%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 1.2
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+6.0%Institutions added 6.0% to their holdings. 166 bought, 128 sold. 2 quarters of net buying in a row.
Shares held by institutions76.5M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-0.7%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
No debt reportedShares outstandingLatest reported
73MWhy low risk- 1 offering filing in 6 months (may sell new shares)
Next reportIn 7 days (est.)Estimated from the same quarter last year
- Results filedAug 5
- Results filedApr 28
- Results filedFeb 4
- Results filedNov 4, 2025
- Results filedAug 5, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.