ADTRAN Holdings, Inc. Income Statement
ADTN / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
ADTRAN Holdings, Inc. reported $1.1B in revenue and $46M in net loss for FY2025. Revenue has grown at a 3.0% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.57 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B | $922.7M | $1.1B | $1.0B | $563.0M | $506.5M | $530.1M | $529.3M | $666.9M | $636.8M | $600.1M | $630.0M | $641.7M | $620.6M | $717.2M |
| Cost of Revenue | $668.9M | $598.6M | $818.0M | $698.3M | $344.6M | $289.0M | $310.9M | $325.7M | $363.3M | $345.5M | $333.2M | $318.7M | $332.9M | $304.0M | $302.9M |
| Gross Profit | $415.0M | $324.2M | $331.1M | $327.3M | $218.4M | $217.6M | $219.2M | $203.6M | $303.6M | $291.3M | $266.9M | $311.3M | $308.9M | $316.6M | $414.3M |
| SG&A Expense | $226.3M | $232.9M | $258.6M | $208.9M | $124.4M | $114.0M | $130.3M | $124.4M | $135.6M | $131.8M | $123.5M | $132.0M | $129.4M | $134.5M | $124.9M |
| R&D Expense | $204.3M | $221.5M | $258.3M | $173.8M | $108.7M | $113.3M | $126.2M | $124.5M | $130.7M | $124.9M | $129.9M | $132.3M | $131.1M | $126.0M | $100.3M |
| Operating Income | -$15.6M | -$427.6M | -$223.7M | -$72.8M | -$14.7M | -$9.8M | -$40.0M | -$45.4M | $37.4M | $34.6M | $13.5M | $47.1M | $48.5M | $56.2M | $189.1M |
| Interest Expense | $19.3M | $22.1M | $16.3M | $3.4M | $34.0K | $5.0K | $511.0K | $533.0K | $556.0K | $572.0K | $596.0K | $677.0K | $2.3M | $2.3M | $2.4M |
| Income Tax | $5.0M | $7.3M | $28.3M | -$62.1M | $2.3M | -$8.6M | $28.2M | -$14.0M | $20.8M | $11.7M | $7.1M | $15.3M | $15.1M | $25.7M | $67.6M |
| Net Income | -$45.7M | -$459.9M | -$268.9M | -$2.0M | -$8.6M | $2.4M | -$53.0M | -$19.3M | $23.8M | $35.2M | $18.6M | $44.6M | $45.8M | $47.3M | $138.6M |
| EPS (Basic) | -$3.43 | -$0.03 | -$0.18 | $0.05 | -$1.11 | -$0.40 | $0.50 | $0.72 | $0.36 | $0.81 | $0.78 | $0.75 | $2.16 | $1.82 | $1.19 |
| EPS (Diluted) | -$3.43 | -$0.03 | -$0.18 | $0.05 | -$1.11 | -$0.40 | $0.49 | $0.72 | $0.36 | $0.80 | $0.77 | $0.74 | $2.12 | $1.78 | $1.17 |
| Shares Outstanding | 79.2M | 78.7M | 77.9M | 49.1M | 48.2M | 48.0M | 47.8M | 48.5M | 48.5M | 49.6M | 53.4M | 56.9M | 62.3M | 63.7M | 63.0M |
| Gross Margin | 38.3% | 35.1% | 28.8% | 31.9% | 38.8% | 43.0% | 41.3% | 38.5% | 45.5% | 45.8% | 44.5% | 49.4% | 48.1% | 51.0% | 57.8% |
| Operating Margin | -1.4% | -46.3% | -19.5% | -7.1% | -2.6% | -1.9% | -7.5% | -8.6% | 5.6% | 5.4% | 2.3% | 7.5% | 7.5% | 9.0% | 26.4% |
| Profit Margin | -4.2% | -49.8% | -23.4% | -0.2% | -1.5% | 0.5% | -10.0% | -3.6% | 3.6% | 5.5% | 3.1% | 7.1% | 7.1% | 7.6% | 19.3% |