← A10 Networks, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($20.9m) | ($10.8m) | ($27.6m) | ($17.8m) | $17.8m | $94.9m | $46.9m | $40.0m | $50.1m | $42.1m | — | |
| Depreciation, Depletion and Amortization | $7.6m | $8.5m | $7.9m | $10.0m | $11.3m | $8.9m | $7.4m | $9.3m | $11.3m | $14.9m | $16.2m | |
| Amortization | — | — | — | — | — | — | — | $300k | $500k | $500k | — | |
| Amortization of Intangible Assets | $700k | $1.4m | $1.4m | $1.4m | $1.4m | $900k | $900k | — | — | — | — | |
| Depreciation | $8.3m | $7.1m | $6.4m | $5.0m | $4.2m | $2.6m | $2.7m | $4.6m | $6.0m | $9.8m | $16.2m | |
| Deferred Income Tax Expense (Benefit) | ($293k) | $135k | $85k | ($358k) | $226k | ($64.8m) | $2.8m | $252k | $297k | $1.7m | — | |
| Share-based Payment Arrangement, Noncash Expense | $16.9m | $17.2m | $17.0m | $16.5m | $12.3m | $14.4m | $13.3m | $14.1m | $17.0m | $20.0m | $23.4m | |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss | — | — | — | — | — | — | — | $300k | — | — | — | |
| Nonoperating Income (Expense) | ($1.1m) | $827k | $1.1m | $682k | $1.4m | ($1.7m) | ($363k) | $5.1m | $14.1m | $5.3m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $11.3m | ($12.4m) | $6.1m | ($599k) | ($2.3m) | $10.4m | $10.1m | $679k | $2.6m | ($14.6m) | ($19.6m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $1.7m | $1.1m | $212k | ($190k) | ($78k) | ($616k) | ($36k) | ($699k) | $59k | ($399k) | ($19.6m) | |
| Increase (Decrease) in Inventories | ($892k) | $4.7m | $1.5m | $5.6m | ($543k) | $1.8m | ($2.0m) | $6.3m | $760k | ($3.7m) | ($11.7m) | |
| Increase (Decrease) in Accounts Payable | ($334k) | ($942k) | ($603k) | ($621k) | ($2.7m) | $2.0m | $103k | ($3.0m) | $2.2m | ($1.5m) | $17.1m | |
| Purchases of property and equipment, accrued but unpaid | $4.9m | $5.7m | $2.8m | $4.3m | $3.6m | $5.2m | $10.8m | $10.9m | $12.3m | $20.1m | ($15.9m) | |
| Net Cash Provided by (Used in) Operating Activities | $18.8m |
$14.3m
-23.77%
|
($2.7m)
-118.82%
|
($426k)
+84.19%
|
$55.3m
+13077.93%
|
$50.1m
-9.39%
|
$66.1m
+31.94%
|
$44.5m
-32.66%
|
$90.5m
+103.29%
|
$84.9m
-6.19%
|
$76.9m
-9.47%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $4.9m | $5.7m | $2.8m | $4.3m | $3.6m | $5.2m | $10.8m | $10.9m | $12.3m | $20.1m | ($15.9m) | |
| Cash, Cash Equivalents, and Short-term Investments | — | — | — | — | — | — | $151.0m | $153.6m | $195.6m | $377.9m | — | |
| Payments to Acquire Investments | — | — | $1.0m | $0 | — | — | — | — | — | — | ($386.1m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $30.8m | $60.1m | $51.0m | $43.5m | $57.7m | $88.8m | $71.0m | $64.5m | $81.1m | $136.8m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | $0 | $0 | $19.1m | ($34.7m) | |
| Net Cash Provided by (Used in) Investing Activities | ($96.4m) | ($5.1m) | ($6.9m) | ($251k) | $5.2m | ($38.1m) | $11.1m | $13.6m | ($48.4m) | ($243.6m) | ($238.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Proceeds from Issuance of Long-term Debt | — | — | — | — | — | — | — | $0 | $0 | $225.0m | $0 | |
| Payments for Repurchase of Common Stock | $1.8m | $3.1m | $0 | $0 | $32.5m | $18.3m | $79.3m | $16.0m | $30.1m | $68.9m | — | |
| Proceeds from Issuance of Common Stock | $10.3m | $12.2m | $3.7m | $5.8m | $9.6m | $5.8m | $7.0m | $4.9m | $3.6m | $3.4m | — | |
| Dividends paid | — | — | — | — | — | $3.9m | $15.9m | $17.8m | $17.8m | $17.4m | ($17.2m) | |
| Proceeds from (Payments for) Other Financing Activities | ($102k) | ($103k) | ($77k) | ($1k) | $0 | $0 | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $8.4m |
$8.4m
-0.18%
|
$3.6m
-56.96%
|
$5.8m
+59.99%
|
($22.9m)
-495.81%
|
($16.4m)
+28.61%
|
($88.1m)
-438.00%
|
($28.8m)
+67.27%
|
($44.3m)
-53.41%
|
$134.8m
+404.48%
|
($36.7m)
-127.23%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $17.6m | ($5.9m) | $5.1m | $37.5m | ($4.4m) | ($11.0m) | $29.3m | ($2.1m) | ($24.0m) | $54.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $83.3m | $78.9m | $68.0m | $97.2m | $95.1m | $71.1m | $54.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $194k | $111k | $100k | $262k | $4k | $4k | $0 | $0 | $0 | $3.3m | — | |
| Income Taxes Paid, Net | $581k | $1.1m | $517k | $934k | $1.0m | $199k | $1.7m | $2.4m | $6.3m | $6.8m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| General and Administrative Expense | $27.1m | $28.1m | $39.6m | $23.7m | $21.9m | $23.4m | $23.5m | $23.9m | $25.3m | $29.8m | — | |
| Goodwill | $1.3m | $1.3m | $1.3m | $1.3m | $1.3m | $1.3m | $1.3m | $1.3m | $1.3m | $15.1m | — | |
| Income Tax Expense (Benefit) | $757k | $1.2m | $1.1m | $1.4m | $1.3m | ($63.2m) | $5.8m | $3.8m | $8.0m | $10.3m | — | |
| Operating Expenses | $194.2m | $192.5m | $208.0m | $180.8m | $157.6m | $163.1m | $170.4m | $165.1m | $166.3m | $183.4m | — | |
| Operating Lease, Expense | — | — | — | — | $6.7m | $5.4m | $4.9m | $4.9m | $4.9m | $4.9m | — |