A10 Network (ATEN)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 210,277 | 203,738 | 223,506 | 196,537 | 175,379 |
| Revenue | US$ in thousands | 261,696 | 251,700 | 280,338 | 250,042 | 225,526 |
| Gross profit margin | 80.35% | 80.94% | 79.73% | 78.60% | 77.76% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $210,277K ÷ $261,696K
= 80.35%
The gross profit margin of A10 Network has displayed a positive trend over the years, increasing from 77.76% in December 31, 2020, to 80.35% in December 31, 2024. This indicates that the company has been able to effectively manage its production costs and generate a higher percentage of profit from its sales. The upward trajectory of the gross profit margin reflects improved efficiency in the company's operations and pricing strategies. Although there was a slight decrease in the margin in 2023, the overall trend shows that A10 Network has been successful in maintaining healthy levels of gross profit margin, which is a positive indicator of its financial health and performance.
Peer comparison
Dec 31, 2024