A10 Networks, Inc. Q2 FY26 Results

A10 continued to solidify its strategic position as a leader in security-focused next-generation networking solutions supporting AI-related infrastructure, driving another quarter of double-digit revenue growth and sustained cash generation. The growing network traffic demands, increasing complexity, and A10’s competitive position at the intersection of traffic management and security continues to resonate in the marketplace. With an expanded portfolio, including our acquisition of TrojAI in June, we believe A10 has positioned itself as a vendor of choice for next-generation networking running critical applications. We are deepening our engagement with leaders defining the AI infrastructure market. Our new agreement with Microsoft reflects a successful, long-standing relationship and stands as a powerful validation of the value we jointly deliver, The agreement is structured over a multi-year period, aligning both parties’ interests as deployment continues to scale. We believe it pairs our opportunity with Microsoft's scaled AI deployment, further solidifying our position as a partner of choice for the world's most demanding AI workloads, while establishing a durable, forward-looking foundation for a mutually beneficial relationship in the years ahead. Our model has continued to convert growth into increased profitability, cash generation, and the return of capital to shareholders. We have increased our full-year outlook based on the performance in the first half of 2026 and our visibility into the remainder of the year.