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Other financials

Income statement

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Revenue$286.1M+15.5%
Gross profit$113.0M+18.7%
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$610.7M-11.9%
P/S0.5×-0.2×

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:OperatingIncomeLoss.

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
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Gross Profit112,98895,176
Selling, general and administrative expenses55,83650,285
Research and development expenses50,77748,859
Operating Income (Loss)6,375(3,968)
Interest and dividend income300126
Interest expense(4,241)(4,761)
Net investment loss(850)(1,686)
Other income, net1,263944

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is ADTRAN Holdings, Inc.'s operating income?
ADTRAN Holdings, Inc. (ADTN) reported operating income of $6.38M in Q1 2026.
How has ADTRAN Holdings, Inc.'s operating income changed year-over-year?
ADTRAN Holdings, Inc.'s operating income increased by 260.7% year-over-year, from -$3.97M to $6.38M.
What is the long-term trend for ADTRAN Holdings, Inc.'s operating income?
Over 3 years (2021 to 2024), ADTRAN Holdings, Inc.'s operating income has grown at a 207.5% compound annual growth rate (CAGR), from -$14.7M to -$427.57M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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