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A10 Networks vs Comtech Telecommunications

A10 Networks is the larger business, with $291m of revenue in fiscal 2025 against $250m for Comtech Telecommunications (1.2 times as much). A10 Networks grew faster (11.0% against -17.0%). A10 Networks kept more of each dollar of sales as profit: a net margin of 14.5% against -14.5%.

Latest fiscal yearA10 NetworksATEN, 2025Comtech TelecommunicationsCMTL, 2026
Revenue $291m $250m
Revenue growth 11.0% -17.0%
Net income $42.1m −$36.2m
Operating margin 16.2% —
Net margin 14.5% -14.5%
Return on equity 19.0% -50.5%
Free cash flow $64.8m $22.2m
Cash $71.1m $35.0m
Total debt $219m $108m
Debt to equity 103.4% —
Dividend per share $0.24 —
Dividend yield 1.0% 0.1%
Share buybacks $68.9m —
Employees — 817
Market value $1.76bn $37.1m
Price vs our value range Within our value range —
Moat score 69 (Moderate) 48 (Moderate)
Insider trades, 12 months 0 buys, 6 sales 0 buys, 1 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.