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NASDAQ · TELEPHONE & TELEGRAPH APPARATUS · LARGE CAP

Adtran Holdings, Inc. ADTN

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.1B
▲ 17.5% YoY
$-45.7M
$98.0M
▲ 41.9% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

ADTRAN Holdings, Inc. provides networking and communications platforms, software, systems and services focused on the metro optical transport, data center interconnect, and broadband access market, serving a domestic and international customer base that includes large, medium and small Service Providers, alternative Service Providers such as utilities, municipalities and fiber overbuilders, cable/MSOs, SMBs and distributed enterprises, and federal, state and local government agencies. Its global headquarters are located at Cummings Research Park in Huntsville, Alabama. During 2025, one customer, an international Service Provider, accounted for more than 10.0% of its revenue, and its next five largest customers accounted for 20.4% of revenue. As of December 31, 2025, it had 3,338 total employees, of which 3,201 were full-time and 137 were part-time. The company operates two reportable segments, Network Solutions and Services & Support. The Network Solutions segment includes hardware and software products supporting the company's Subscriber, Access and Aggregation, and Optical Networking Solutions offerings. The Services & Support segment offers network design, implementation, maintenance and cloud-hosted services supporting those same product categories. It began operations in January 1986.

Written from the business description in ADTRAN Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth

USD 1.1B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.1 · Net income -0.0
0.5B1.0B-0.2B-0.4B
2008201120142017202020232025
Compound annual growth
+1.9%
+16.4%
+6.1%
+4.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +16.4% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−3 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -1.4% · Net -3.3%
10%20%-20%-40%
200820162025
ROE
FY2025 · ROE -33.5%
10%20%-50%-100%
200820162025
Three returns, three denominators.

Each USD of equity lost 33 cents this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 98.0
50M100M-30M-60M
200820162025
Net buybacks $M Dividends $M
FY2024 · Dividends 0.0 · Net buybacks ·
50M100MDividendsNet buybacks
200820102012201420162018202020222024

Total assetsUSD 1.2B
CashUSD 95.7M
Current ratio1.76×

Not available: we don't have the total debt figure for this period.

The 18-year record

18 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
ADTN, 18-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B1.10.91.11.00.60.50.50.50.70.60.60.60.60.60.70.60.50.5
Operating income $B−0.0−0.4−0.2−0.1−0.0−0.0−0.0−0.00.00.00.00.00.00.10.20.20.10.1
EBITDA $B0.1−0.3−0.1−0.00.00.0−0.0−0.00.10.00.00.10.10.10.20.20.10.1
Income tax $B0.00.00.0−0.10.0−0.00.0−0.00.00.00.00.00.00.00.10.10.00.0
Net income $B−0.0−0.5−0.3−0.0−0.00.0−0.1−0.00.00.00.00.00.00.00.10.10.10.1
Free cash flow $B0.10.1−0.1−0.1−0.0−0.0−0.00.0−0.10.00.00.00.10.10.10.10.10.1
EPS, diluted $−0.52−5.79−3.43−0.03−0.180.05−1.11−0.400.490.720.360.800.770.742.121.781.171.22
Dividend / sh $◌◌0.090.090.090.090.090.090.09◌◌◌◌◌◌◌◌◌
Payout %—−0−8−1123−203729−32−8973509945474817203029
ROE %−33.5−125.6−28.2−0.2−2.40.6−12.8−4.14.97.33.67.77.16.821.922.217.920.9
Shares out B0.080.080.080.080.050.050.050.050.050.050.050.050.060.060.060.06◌◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 88 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. Four checks were skipped: the balance sheet is not tagged before 2009. One check was skipped: EPS is not tagged before 2008. One check was skipped: revenue is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityTelephone & Telegraph Apparatus
Listed onNASDAQ
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2008

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