A10 Network (ATEN)

Operating profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	38,648	36,908	50,367	51,244	53,079	48,658	43,293	37,366	33,388	29,329	25,267	21,966	17,733	10,025	4,003	-6,336	-17,094	-19,595	-21,382	-18,650
Revenue (ttm)	US$ in thousands	251,700	262,318	275,268	276,946	280,441	273,478	266,347	257,358	250,042	242,026	233,274	226,605	225,526	223,187	219,382	216,035	212,406	213,915	221,580	233,109
Operating profit margin		15.35%	14.07%	18.30%	18.50%	18.93%	17.79%	16.25%	14.52%	13.35%	12.12%	10.83%	9.69%	7.86%	4.49%	1.82%	-2.93%	-8.05%	-9.16%	-9.65%	-8.00%

December 31, 2023 calculation

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

A10 Networks Inc's operating profit margin has shown some fluctuations over the quarters. In Q4 2023, the operating profit margin was 15.35%, slightly lower than the previous quarter but still within a reasonable range. Throughout 2023, the company's operating profit margin has ranged from 14.25% to 18.61%, indicating some variability in the company's ability to generate profits from its operations.

Comparing these figures to previous years, the operating profit margin in Q4 2023 is lower than the same period in 2022 when it was 18.93%. However, it is important to note that the operating profit margin has generally remained above 14% throughout the quarters, suggesting that the company has been able to maintain a healthy level of profitability.

Overall, while there have been some fluctuations in A10 Networks Inc's operating profit margin, it seems to be performing adequately in terms of generating profit from its core business operations.