A10 Networks expects 2026 revenue to grow 10-12%

A10 Networks

28/04/2026 21:34

Overview

Secure application services provider's Q1 revenue rose 13.4% yr/yr, beating analyst expectations

Q1 adjusted EBITDA beat analyst expectations

Company repurchased $2.5 mln in shares and paid $4.3 mln in dividends in Q1

Outlook

A10 Networks expects full-year 2026 revenue growth of 10-12% over prior year

Company sees 2026 adjusted EBITDA margin between 28-30%

A10 Networks anticipates 2026 EPS growth of 12-14% year-over-year

Result Drivers

AI INFRASTRUCTURE DEMAND - Co said strong demand for AI-driven architectures increased network traffic and drove expanded customer commitments

SUPPLY CHAIN MANAGEMENT - Co said it is actively managing industry-wide input supply dynamics and turning these challenges into growth opportunities

Company press release: ID:nBw25jQl3a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$75 mln
$72.61 mln (7 Analysts)
Q1 Net Income
$12.03 mln
Q1 Adjusted EBITDA
Beat
$22.50 mln
$21.49 mln (5 Analysts)
Q1 Gross Profit
$59.72 mln
Q1 Operating Expenses
$46.73 mln
Q1 Pretax Profit
$14.22 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for A10 Networks Inc is $25.00, about 9.7% below its April 27 closing price of $27.69

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 19 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)