Q3 2025 A10 Networks Inc Earnings Call Transcript

Nov 4, 2025 / 09:30 PM GMT

Release Date Price: €15.26 (-1.23%)

Transcript 10-Q8-K

Key Points

Positve

A10 Networks Inc (ATEN) reported a nearly 12% year-over-year revenue growth for the third quarter.
Revenue from the Americas increased by 25% on a trailing 12-month basis, driven by investments in AI infrastructure.
EBITDA margins expanded from 26.7% to 29.3%, and non-GAAP operating margin improved from 22.6% to 24.7%.
The company achieved a strong product revenue growth of 17% year-over-year, indicating a positive future revenue trajectory.
A10 Networks Inc (ATEN) has a strong alignment with AI infrastructure buildout, positioning it well for future growth.

Negative

Macroeconomic headwinds in regions outside the Americas posed challenges, although they were offset by strong performance in the Americas.
The company faces uncertainties such as interest rates and tariffs, which could impact future growth.
Service provider revenue, particularly from tier one providers, is under pressure due to CapEx constraints.
The geopolitical environment, including tariffs and political uncertainties, has created some jitter in the American market.
The company is still working on accurately measuring the percentage of product revenue tied to AI-related security products, indicating a need for better internal tracking.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ATEN.N - A10 Networks Inc
Q3 2025 A10 Networks Inc Earnings Call
Nov 04, 2025 / 09:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good day everyone, and welcome to the A10 Network's 3rd quarter 2025 financial results conference call.

At this time, all participants run a listen-only mode, and we will open the floor for your questions and comments after the presentation.

It is not my pleasure to turn the floor over to your host Tom Bauman. Sir, the floor is yours.

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Unidentified_2 [2]
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Thank you all for joining us today. This call is being recorded and webcast live and may be accessed for at least 90 days via the A10 Networks website at A10networks.com.

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