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ADTRAN Holdings, Inc. ADTN Services And Support — Depreciation

Other segment segments

Network Solutions
$1.7M+30.8%

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Other financials

Income statement

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Revenue$286.1M+15.5%
Gross profit$113.0M+18.7%
Operating income$6.4M+261%
Net income-$1.3M+88.3%
EPS (diluted)-$0.01+92.9%

Balance sheet

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Cash & equivalents$88.3M-12.9%
Total debt$34.1M+3.1%
Total equity$348.5M
Total assets$1.2B-0.7%

Cash flow

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Operating cash flow$12.7M-70.7%
CapEx$7.5M+1.4%
Free cash flow$5.2M-85.6%

Valuation

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Market cap$616M-9.3%
P/S0.6×-0.1×

Profitability

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Gross margin38.6%+1.6pp
Operating margin-3.6%-1.7pp
Net margin-3.2%-1.4pp
FCF margin6%-2.6pp

Returns & leverage

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Return on equity-3.8%
Debt / equity
Current ratio1.8×-0.3×

Where this comes from

Reported directly by ADTRAN Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The source filing: ADTRAN Holdings, Inc.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 9:08 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-205276

For the three months ended March 31, 2026 and 2025, $1.7 million and $1.3 million, respectively, of depreciation expense was included in gross profit for our Network Solutions segment. For the three months ended March 31, 2026 and 2025, less than $0.1 million of depreciation expense was included in gross profit for our Services & Support segment.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is ADTRAN Holdings, Inc.'s services and support — depreciation?
ADTRAN Holdings, Inc. (ADTN) reported services and support — depreciation of $100K in Q1 2026.
How has ADTRAN Holdings, Inc.'s services and support — depreciation changed year-over-year?
ADTRAN Holdings, Inc.'s services and support — depreciation decreased by 0.0% year-over-year, from $100K to $100K.
What is the long-term trend for ADTRAN Holdings, Inc.'s services and support — depreciation?
Over 2 years (2021 to 2023), ADTRAN Holdings, Inc.'s services and support — depreciation has grown at a 16.5% compound annual growth rate (CAGR), from $14K to $19K.
What does services and support — depreciation mean?
The systematic allocation of the cost of tangible assets used within the services and support segment over their useful lives. This non-cash expense reflects the wear and tear or obsolescence of equipment required to deliver service offerings.

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