A10 Networks (FRA:8A0) FCF Margin %: 34.32% (As of Jun. 2026) — 119% Above Median

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FRA:8A0 A10 Networks Inc FRA:8A0
80 GF Score
Price €23.92
GF Value €16.72
Valuation Significantly Overvalued
! 2 Warning Signs
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What is A10 Networks FCF Margin %?

A10 Networks FRA:8A0 -10.34% 80 FCF Margin % is 34.32% as of Jun. 2026, which is 119% above its 10-year median of 15.67. GuruFocus rates FRA:8A0 with a GF Score™ of 80/100 and a GF Value™ of €16.72 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,819 Software companies, A10 Networks ranks better than 82.97% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. A10 Networks's Free Cash Flow for the three months ended in Jun. 2026 was €23.9 Mil. A10 Networks's Revenue for the three months ended in Jun. 2026 was €69.6 Mil. Therefore, A10 Networks's FCF Margin % for the quarter that ended in Jun. 2026 was 34.32%.

As of today, A10 Networks's current FCF Yield % is 2.58%.

The historical rank and industry rank for A10 Networks's FCF Margin % or its related term are showing as below:

FRA:8A0' s FCF Margin % Range Over the Past 10 Years
Min: -2.36   Med: 15.67   Max: 29.89
Current: 17.12


During the past 13 years, the highest FCF Margin % of A10 Networks was 29.89%. The lowest was -2.36%. And the median was 15.67%.

FRA:8A0's FCF Margin % is ranked better than
82.97% of 2819 companies
in the Software industry
Industry Median: 2.37 vs FRA:8A0: 17.12


A10 Networks FCF Margin % Related Terms


A10 Networks FCF Margin % Historical Data

* Premium members only.

The historical data trend for A10 Networks's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A10 Networks FCF Margin % Chart

A10 Networks Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.97 19.73 13.36 29.89 22.29

A10 Networks Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.85 24.20 19.97 -0.92 34.32

FRA:8A0 vs PAYO, PAGS, AVPT: FCF Margin % Comparison

For the Software - Infrastructure subindustry, A10 Networks's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


A10 Networks FCF Margin % vs Software Industry

For the Software industry and Technology sector, A10 Networks's FCF Margin % distribution charts can be found below:

* The bar in red indicates where A10 Networks's FCF Margin % falls into.


FRA:8A0
80GF Score
A10 Networks Inc FRA:8A0
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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A10 Networks FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

A10 Networks's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=55.31/248.136
=22.29 %

A10 Networks's FCF Margin for the quarter that ended in Jun. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=23.875/69.559
=34.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 34.32% mean?
A10 Networks (FRA:8A0) has a FCF Margin % of 34.32% as of Jun. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on A10 Networks and its competitors. This is 119% above median its historical median of 15.67. According to the industry distribution chart, A10 Networks ranks #480 out of 2819 companies in the Software industry, placing it in the top 17%.
Is A10 Networks' FCF Margin % too high?
A10 Networks' current FCF Margin % of 34.32% is 119% above median its 10-year median of 15.67. The Software industry median FCF Margin % is 2.37. A10 Networks' value of 34.32% is 1348.1% above this industry median. Based on the distribution chart, A10 Networks ranks #480 out of 2819 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, A10 Networks has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does A10 Networks' FCF Margin % compare to PAYO and PAGS?
According to the Software industry distribution chart, A10 Networks ranks #480 out of 2819 companies for FCF Margin %. This places A10 Networks in the top 17% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.37. A10 Networks' value of 34.32% is 1348.1% above this benchmark. While the company's 10-year median is 15.67 vs. the industry median of 2.37, A10 Networks has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Software company?
The median FCF Margin % among Software companies is 2.37, based on 2,819 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. A10 Networks's current FCF Margin % of 34.32% is 1348.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on A10 Networks and its competitors. For the Software industry, the median FCF Margin % is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A10 Networks's current FCF Margin % is 34.32%, which is 119% above median its own 10-year median of 15.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A10 Networks stock overvalued right now?
Based on GuruFocus' analysis, A10 Networks (FRA:8A0) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.72, compared to a current price of €23.92 — trading 43.1% above its estimated fair value. The current FCF Margin % is 34.32%, which is 119% above median its 10-year median of 15.67 and 1348.1% above the Software industry median of 2.37. A10 Networks' overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For A10 Networks (FRA:8A0), the current FCF Margin % is 34.32% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is A10 Networks (FRA:8A0) Overvalued in 2026?

Based on GuruFocus' analysis, A10 Networks stock appears to be overvalued. The current stock price of €23.92 is trading 43.1% above its estimated GF Value™ of €16.72. GuruFocus considers A10 Networks to be Significantly Overvalued.

Key valuation signals for FRA:8A0:

  • FCF Margin %: 34.32% (119% above median its 10-year median of 15.67)
  • GF Value™: €16.72 vs. price of €23.92 (43.1% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 1348.1% above the Software median (#480 of 2819)

No single metric tells the full story. See the FRA:8A0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


A10 Networks Business Description

Other Exchanges ATEN:USA8A0:Germany
Address 2300 Orchard Parkway, San Jose, CA, USA, 95131
A10 Networks Inc is a provider of secure application and network infrastructure solutions for enterprises and service providers across on-premises, hybrid cloud, and distributed environments. The company's offerings include application delivery and traffic management, distributed denial-of-service (DDoS) protection, application and API security, and centralized management. It serves customers across multiple industries, including telecommunications, technology, financial services, public sector, industrial, retail, gaming, and education. The majority of the company's revenue is derived from the sale of secure networking and cybersecurity solutions and related maintenance and support services.
80GF Score

Get the complete analysis for FRA:8A0

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€23.92
Price
€16.72
GF Value