Is A10 Networks, Inc. (ATEN) Halal?

NYSE Technology United States $1.6B
✓ HALAL
Confidence: 95/100
A10 Networks, Inc. (ATEN) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 15.5% against the AAOIFI threshold of 30%, A10 Networks, Inc. comfortably passes the key financial ratio tests. The company operates in the Technology sector (Software - Infrastructure), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 15.5%
/ 30%
25.7%
/ 30%
4.2%
/ 30%
4.0%
/ 5%
✓ HALAL
DJIM 15.5%
/ 33%
25.7%
/ 33%
4.2%
/ 33%
4.0%
/ 5%
✓ HALAL
MSCI 36.2%
/ 33%
60.0%
/ 33%
9.9%
/ 33%
4.0%
/ 5%
✗ NOT HALAL
S&P 15.5%
/ 33%
25.7%
/ 33%
4.2%
/ 33%
4.0%
/ 5%
✓ HALAL
FTSE 36.2%
/ 33%
60.0%
/ 33%
9.9%
/ 50%
4.0%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
39.2
Forward: 19.7
EPS
$0.57
Dividend Yield
107.0%
Payout: 42.1%
P/B Ratio
7.5
EV/EBITDA
23.6
EV: $1.5B
Revenue
$291M
Growth: 8.3%
Beta
1.2
High volatility
Current Ratio
3.6

Profitability

Gross Margin 79.3%
Operating Margin 18.4%
Net Margin 14.5%
Return on Equity (ROE) 19.0%
Return on Assets (ROA) 5.5%

Cash Flow & Balance Sheet

Operating Cash Flow$85M
Free Cash Flow$65M
Total Debt$228M
Debt-to-Equity107.7
Current Ratio3.6
Total Assets$630M

Price & Trading

Last Close$23.18
50-Day MA$19.82
200-Day MA$18.39
Avg Volume839K
Beta1.2
52-Week Range
$13.81
$23.71

About A10 Networks, Inc. (ATEN)

CEO
Mr. Dhrupad Trivedi Ph.D.
Employees
494
Sector
Technology
Industry
Software - Infrastructure
Country
United States
Exchange
NYSE
Market Cap
$1.6B
Currency
USD

A10 Networks, Inc. provides secure application and network infrastructure solutions in the United States, the rest of Americas, Japan, rest of the Asia Pacific, Europe, the Middle East, and Africa. The company offers security products, such as ThreatX, a web application protection platform; A10 Defend DDoS Detector, a network-wide anomaly detection product; A10 Defend DDoS Orchestrator, a defense, orchestration, and management product; A10 Defend DDoS Mitigator, a mitigation product with automation; A10 Defend Threat Control, an attack SaaS platform; and Defend Next-Gen WAF, an integrated application delivery and web application firewall. It also provides infrastructure products, including A10 Thunder ADC, an application delivery controller and load balancer; A10 Thunder CFW, a consolidated network security platform with stateful firewall, IPsec VPN, CGN, ADC, SSLi, and secure web gateway; A10 Thunder CGN, a NAT, IPv4 preservation and IPv6 migration product; and SSL insight in Thunder CFW, a TLS and SSL decryption for real-time visibility into encryption traffic under the SSLi brand. In addition, the company provides centralized management and analytics comprising A10 Control, a centralized, management, control, and analytics platform for agile operations and automation. It serves telecommunications, technology, financial services, public sector, industrial, retail, gaming, and education industries through distribution channels, distributors, value added resellers, and system integrators. The company was incorporated in 2004 and is headquartered in San Jose, California.

Purification Calculator

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Frequently Asked Questions

Is A10 Networks, Inc. (ATEN) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), A10 Networks, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is A10 Networks, Inc.'s debt ratio?

A10 Networks, Inc.'s debt ratio is 15.5% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 36.2%.

Does A10 Networks, Inc. require dividend purification?

Yes, A10 Networks, Inc. has an impermissible income ratio of 4.00%, which means 4.00% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are A10 Networks, Inc.'s key financial metrics?

A10 Networks, Inc. has a market capitalization of $1.6B, trailing P/E ratio of 39.2, and revenue of $291M. The company maintains a gross margin of 79.3% and a net margin of 14.5%. Return on equity stands at 19.0%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.