A10 Network (ATEN)

Operating profit margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Operating income US$ in thousands 38,648 53,079 33,388 17,733 -17,094
Revenue US$ in thousands 251,700 280,338 250,042 225,526 212,391
Operating profit margin 15.35% 18.93% 13.35% 7.86% -8.05%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $38,648K ÷ $251,700K
= 15.35%

A10 Networks Inc's operating profit margin has shown fluctuations over the past five years. The margin was 15.35% in 2023, down from 18.93% in 2022 but higher than the 13.35% reported in 2021. In 2020, the margin was 7.86%, showing an improvement from the negative margin of -6.85% in 2019. This indicates that the company's profitability from its core operations has been inconsistent, with a mix of positive and negative trends. It would be advisable for A10 Networks Inc to focus on improving its operational efficiency to sustain and enhance its profitability in the future.