A10 Networks Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	50.57	50.14	39.97	46.91	94.89	17.82
Depreciation & Amortization	13.42	10.79	9.05	7.38	8.91	11.3
Other Amortization	0.5	0.5	0.3	-	-	-
Stock-Based Compensation	19.97	17.05	14.08	13.33	14.42	12.31
Provision & Write-off of Bad Debts	0.06	0.06	-0.7	-0.04	-0.62	-0.08
Other Operating Activities	2.84	-0.42	0.12	0.79	-62.5	1.14
Change in Accounts Receivable	3.87	-2.56	-0.68	-10.07	-10.4	2.35
Change in Inventory	3.88	-0.76	-6.3	2.04	-1.83	0.54
Change in Accounts Payable	1.94	2.22	-3	0.1	2	-2.68
Change in Unearned Revenue	-3.25	6.93	14.34	5.36	12.93	7.54
Change in Other Net Operating Assets	-5.91	6.54	-22.66	0.29	-7.71	5.05
Operating Cash Flow	87.9	90.49	44.51	66.1	50.1	55.29
Operating Cash Flow Growth	30.19%	103.29%	-32.66%	31.94%	-9.39%	-
Capital Expenditures	-15.85	-12.27	-10.9	-10.8	-5.17	-3.56
Cash Acquisitions	-19.1	-	-	-	-	-
Investment in Securities	-180.27	-36.08	24.5	21.89	-32.9	8.77
Investing Cash Flow	-215.22	-48.35	13.61	11.09	-38.07	5.2
Net Debt Issued (Repaid)	225	-	-	-	-	-
Issuance of Common Stock	3.42	3.62	4.94	7.04	5.76	9.59
Repurchase of Common Stock	-67.77	-30.08	-15.98	-79.26	-18.27	-32.54
Common Dividends Paid	-17.5	-17.8	-17.82	-15.92	-3.88	-
Other Financing Activities	-7.33	-	-	-	-	-
Financing Cash Flow	135.81	-44.26	-28.85	-88.14	-16.38	-22.95
Net Cash Flow	8.49	-2.12	29.27	-10.95	-4.36	37.54
Free Cash Flow	72.05	78.22	33.62	55.3	44.93	51.72
Free Cash Flow Growth	32.25%	132.69%	-39.21%	23.09%	-13.14%	-
Free Cash Flow Margin	25.33%	29.89%	13.36%	19.73%	17.97%	22.93%
Free Cash Flow Per Share	0.97	1.04	0.45	0.71	0.56	0.65
Cash Interest Paid	-	-	-	-	0	0
Cash Income Tax Paid	5.4	6.28	2.41	1.75	0.2	1.03
Levered Free Cash Flow	52.16	57.1	22.76	36.37	33.64	47.96
Unlevered Free Cash Flow	54.73	57.11	22.78	37.42	33.8	48.03
Change in Working Capital	0.53	12.38	-18.3	-2.28	-5.01	12.79

Source: S&P Global Market Intelligence. Standard template. Financial Sources.