EarningsQ2 2026 Earnings Report
DE:8A0 Q2 2026 EPS Results
Actual EPS€0.22
Consensus EPS€0.21
Beat/MissBeat by +<€0.01
One Year Ago EPS€0.19
DE:8A0 Q2 2026 Revenue Results
Actual Revenue€71.31M
Expected Revenue€68.76M
Beat/MissBeat by +€2.55M
YoY Revenue Growth+15.50%
Earnings Announcement Details
QuarterQ2 2026
Date08/05/2026
TimeAfter Close
Conference CallWednesday, August 5, 2026
DE:8A0 Upcoming Earnings
A10 Networks's next earnings date is estimated for November 10, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:8A0 Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive operational and financial picture: double-digit revenue growth, strong margins and EBITDA, robust cash generation, raised full-year guidance, strategic progress with Microsoft and the Troj.ai acquisition, and continued product/enterprise traction. The primary negatives were manageable near-term supply-chain and memory cost pressures, regional service-provider softness (EMEA and Japan), and customer concentration risk tied to large accounts. On balance, the positive drivers (growth, margin expansion, cash flow, guidance raise, strategic partnerships and M&A) materially outweigh the listed challenges.Company Guidance
Strong Top-Line Growth and Raised Guidance
Q2 revenue of $80.1M, up 15.5% year-over-year; year-to-date revenue $155.1M, up 14.5% YTD. Management raised full-year 2026 revenue guidance to +12% to +14% (from prior 10%–12%) and raised EPS growth guidance to +14% to +16% (from prior 12%–14%).
Robust Profitability and Margin Expansion
Non-GAAP gross margin of 80.3%. Operating margin 25.5% and adjusted EBITDA of $25.4M, representing a 30.5% EBITDA margin. Q2 net income $18.7M with diluted EPS $0.25 vs $0.21 in the year-ago period (~+19% EPS). Management highlighted EPS growth exceeding revenue growth.
Healthy Cash Generation and Strong Balance Sheet
Generated $26.9M of free cash flow in the quarter and $20.2M YTD; company expects full-year free cash flow to grow year-over-year from approximately $65M in 2025. Cash and marketable securities of $357.3M and deferred revenue of $104.8M.
Shareholder Returns
Returned $6.7M to shareholders in the quarter ($4.3M in cash dividends and $2.4M in share repurchases). Board approved quarterly cash dividend of $0.06/share. $53M remains on the $75M share repurchase authorization.
Product Mix Strength and Security-Led Growth
Product revenue of $49.0M (61% of total) and service revenue $31.1M (39% of total). Security-led product revenue is driving product growth and meeting long-term goals. Company reported its fourth double-digit growth quarter in the last five.
Strategic Partnerships and M&A
Significant expansion of relationship with Microsoft (long-term, mutual performance commitments) and acquisition of Troj.ai (AI security) adding red-teaming and real-time protection capabilities to the platform — supporting positioning in AI and next-generation networking.
Improving Pipeline and Enterprise Traction
Management cited improving pipeline quality vs 90 days prior, stronger enterprise demand and early signs of North America service provider normalization; enterprise customers represented 60% of Q2 revenues and ~50% on a trailing 12-month basis.
DE:8A0 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed