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.