Adtran Holdings Inc (ADTN) financials
Adtran revenue and earnings by year
Adtran's revenue was $1.08 billion in the fiscal year to December 31, 2025, up 17.5% from the year before. Net income was -$45.7 million, -4.2% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 6.1% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.08 | 0.92 | 1.15 | 1.03 | 0.56 | 0.51 | 0.53 | 0.53 | 0.67 | 0.64 |
| Revenue growth | 17.5% | -19.7% | 12.0% | 82.2% | 11.2% | -4.4% | 0.1% | -20.6% | 4.7% | — |
| Gross profit | 0.41 | 0.32 | 0.33 | 0.33 | 0.22 | 0.22 | 0.22 | 0.20 | 0.30 | 0.29 |
| Gross margin | 38.3% | 35.1% | 28.8% | 31.9% | 38.8% | 43.0% | 41.3% | 38.5% | 45.5% | 45.8% |
| Operating income | -0.02 | -0.43 | -0.22 | -0.07 | -0.01 | -0.01 | -0.04 | -0.05 | 0.04 | 0.03 |
| Operating margin | -1.4% | -46.3% | -19.5% | -7.1% | -2.6% | -1.9% | -7.5% | -8.6% | 5.6% | 5.4% |
| Net income | -0.05 | -0.46 | -0.27 | -0.00 | -0.01 | 0.00 | -0.05 | -0.02 | 0.02 | 0.04 |
| Net margin | -4.2% | -49.8% | -23.4% | -0.2% | -1.5% | 0.5% | -10.0% | -3.7% | 3.6% | 5.5% |
| Diluted EPS | -$0.52 | — | -$3.43 | -$0.03 | -$0.18 | $0.05 | -$1.11 | -$0.40 | $0.50 | $0.73 |
| Free cash flow | 0.10 | 0.07 | -0.08 | -0.06 | -0.00 | -0.02 | -0.01 | 0.05 | -0.06 | 0.02 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open ADTN in Markets.
How Adtran makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Network Solutions | $233M | 82.8% |
| Services & Support | $48.2M | 17.2% |
See also: ADTN valuation and P/E history · ADTN returns
No forecast, no recommendation. This page describes Adtran Holdings Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.