A10 Networks Inc 2026年季度报告

Form10-Q (Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended March31, 2026OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period fromtoCommission file number: 001-36343 A10 NETWORKS, INC.(Exact Name of Registrant as Specified in its Charter) Delaware20-1446869(State or Other Jurisdiction ofIncorporation or Organization)(I.R.S. EmployerIdentification No.)2300 Orchard Parkway, San Jose, California 95131(Address of Principal Executive Offices and Zip Code)(408) 325-8668(Registrant’s Telephone Number, Including Area Code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subjectto such filing requirements for the past 90days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule405 of RegulationS-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required tosubmit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company” and“emerging growth company” in Rule12b-2 of the Exchange Act. Large accelerated filerNon-accelerated filer☐ Accelerated filer☐Smallerreportingcompany☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. A10 NETWORKS, INC.FORM 10-Q TABLE OF CONTENTS Page No.Note Regarding Forward-Looking Statements2PART I. FINANCIAL INFORMATION4Item1. Condensed Consolidated Financial Statements (unaudited):4Condensed Consolidated Balance Sheets as of March 31, 2026and December 31, 20254Condensed Consolidated Statements of Operations for the Three Months Ended March 31, 2026 and 20255Condensed Consolidated Statements of Comprehensive Income for the Three Months Ended March 31, 2026 and20256Condensed Consolidated Statements of Stockholders’ Equity for the Three Months Ended March 31, 2026 and 20257Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 20258Notes to Condensed Consolidated Financial Statements9Item2. Management’s Discussion and Analysis of Financial Condition and Results of Operations25Item3. Quantitative and Qualitative Disclosures About Market Risk34Item4. Controls and Procedures34PART II. OTHER INFORMATION36Item1. Legal Proceedings36Item1A. Risk Factors36Item2. Unregistered Sales of Equity Securities and Use of Proceeds36Item 5. Other Information36Item6. Exhibits37Signatures38 The Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “believe,” “may,” “will,”“potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “plan,” “expect,” and similarexpressions that convey uncertainty of future events or outcomes are intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, statements concerning the following:• our strategy, including as to capital allocation, revenue growth, expanding recurring revenue, and positioning for AI-drivenworkloads, business plan and our ability to effectively manage our growth and business operations;• our expectations with respect to recognizing revenue related to remaining performance obligations;• our expectations with respect to demand for our products and services;• our plans to introduce new products and enhance our cybersecurity and AI-ready solutions;• our investment plans, including with respect to our sales and marketing organizations, research and development (includingcybersecurity technology and AI technologies), distribution channel programs and increasing awareness of our solutionson a global basis;• loss or delay of expected purchases by our largest end-customers;• our expectations concerning relationships with third parties;• our expectations with respect to the realization of our tax assets and our unrecognized tax benefits;• our plans with respect to the repatriation of our earnings from our foreign operations;• our ability to maintain profitability while continuing to invest in our sales, marketing, product develo