ADTRAN Holdings, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.1B | $922.7M | $1.1B | $1.0B | $563.0M |
| Gross profit | $415.0M | $324.2M | $331.1M | $327.3M | $218.4M |
| Operating income | -$15.6M | -$427.6M | -$223.7M | -$72.8M | -$14.7M |
| Cost of revenue | $668.9M | $598.6M | $818.0M | $698.3M | $344.6M |
| Cash from operations | $129.8M | $103.6M | -$43.0M | -$44.2M | $3.0M |
| Capital expenditure | $31.7M | $34.5M | $36.3M | $17.1M | $5.7M |
| Free cash flow | $98.0M | $69.1M | -$79.4M | -$61.3M | -$2.7M |
| Impairments | $0 | $297.4M | $37.9M | $17.4M | $0 |
| Total assets | $1.2B | $1.2B | $1.7B | $1.9B | $569.0M |
| Total liabilities | $685.3M | $621.5M | $628.9M | $639.9M | $211.9M |
Shares outstanding 81.0M · Free float 83.4%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.