A10 Networks Q2 FY26 GAAP net income falls to $8.9 million; revenue rises 15.5% to $80.1 million vs year ago

A10 Networks posted Q2 revenue of $80.1 million, up 15.5% year over year, as demand rose for security-focused next-generation networking.

• GAAP net income fell to $8.9 million, or $0.12 per diluted share; non-GAAP net income rose to $18.7 million, or $0.25 per diluted share.
• Non-GAAP adjusted EBITDA climbed to $24.4 million, representing 30.5% of revenue; GAAP gross margin was 79.1%.
• Returned $6.7 million to investors, including $2.4 million of buybacks; cash and marketable securities totaled $357.3 million at June 30.
• Raised full-year outlook to 12%-14% revenue growth; CEO Dhrupad Trivedi cited a new multi-year Microsoft agreement and the June TrojAI acquisition.