ADTN
ADTRAN Holdings, Inc.
NASDAQ · Technology · Communication Equipment · US
$4.74
−6.42%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.1B | 1.1B | 922.7M | 1.1B | 1.0B |
| Cost of Revenue | 701.1M | 668.9M | 598.6M | 818.0M | 698.3M |
| Gross Profit | 438.9M | 415.0M | 324.2M | 331.1M | 327.3M |
| Operating Expenses | |||||
| R&D Expense | 208.4M | 204.3M | 221.5M | 258.3M | 173.8M |
| SG&A Expense | 230.5M | 226.3M | 232.9M | 258.6M | 208.9M |
| General & Admin Expense | — | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | — | — | 297.3M | 37.9M | 17.4M |
| Total Operating Expenses | 438.9M | 430.6M | 751.7M | 554.8M | 400.1M |
| Cost and Expenses | 1.1B | 1.1B | 1.4B | 1.4B | 1.1B |
| Operating Income (EBIT) | 28.0K | (15.6M) | (427.6M) | (223.7M) | (72.8M) |
| Non-Operating | |||||
| Interest Income | 1.9M | 2.3M | 3.1M | 2.3M | 2.1M |
| Interest Expense | 28.6M | 19.3M | 22.1M | 16.3M | 3.4M |
| Net Interest Income | (26.6M) | (17.0M) | (19.0M) | (14.0M) | (1.3M) |
| Other Non-Op Income/Expense | (7.8M) | (15.7M) | (15.2M) | (9.9M) | 1.9M |
| Non-Operating Income (excl Interest) | (19.3M) | (3.7M) | (6.9M) | (6.4M) | (5.3M) |
| EBT (Pre-Tax Income) | (7.7M) | (31.3M) | (442.7M) | (233.6M) | (71.0M) |
| Income Tax Expense | 8.5M | 5.0M | 7.3M | 28.3M | (62.1M) |
| Bottom Line | |||||
| Net Income | (25.1M) | (45.7M) | (459.9M) | (267.7M) | (2.0M) |
| Earnings from Cont. Ops | (16.2M) | (36.2M) | (450.1M) | (261.9M) | (8.9M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (24.7M) | (45.7M) | (456.9M) | (267.7M) | (2.0M) |
| Per Share | |||||
| Basic EPS | ($0.30) | ($0.57) | ($5.67) | ($3.41) | ($0.03) |
| Diluted EPS | ($0.30) | ($0.57) | ($5.67) | ($3.41) | ($0.03) |
| Revenue Per Share | $14.04 | $13.59 | $11.69 | $14.65 | $16.45 |
| Shares | |||||
| Basic Shares Outstanding | 81.2M | 79.7M | 78.9M | 78.4M | 62.3M |
| Diluted Shares Outstanding | 81.2M | 79.7M | 78.9M | 78.4M | 62.3M |
| Profitability Metrics | |||||
| EBITDA | 93.1M | 80.6M | (330.1M) | (104.4M) | 27.0K |
| D&A | 73.8M | 92.5M | 90.5M | 112.9M | 67.6M |
| EBIT | 19.4M | (11.9M) | (420.7M) | (217.3M) | (67.5M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026