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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$621.7M-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:WeightedAverageNumberOfDilutedSharesOutstanding.

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
Income tax (expense) benefit(1,917)397
Net Income (Loss)$930$(8,948)
Less: Net Income attributable to non-controlling interest(1)2,2512,319
Net Loss attributable to ADTRAN Holdings, Inc.$(1,321)$(11,267)
Weighted average shares outstanding – basic80,32179,534
Weighted average shares outstanding – diluted80,32179,534
Loss per common share attributable to ADTRAN Holdings, Inc. – basic(2)$(0.01)$(0.14)
Loss per common share attributable to ADTRAN Holdings, Inc. – diluted(2)$(0.01)$(0.14)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is ADTRAN Holdings, Inc.'s shares (diluted)?
ADTRAN Holdings, Inc. (ADTN) reported shares (diluted) of 80.3M in Q1 2026.
How has ADTRAN Holdings, Inc.'s shares (diluted) changed year-over-year?
ADTRAN Holdings, Inc.'s shares (diluted) increased by 1.0% year-over-year, from 79.5M to 80.3M.
What is the long-term trend for ADTRAN Holdings, Inc.'s shares (diluted)?
Over 4 years (2021 to 2025), ADTRAN Holdings, Inc.'s shares (diluted) has grown at a 13.0% compound annual growth rate (CAGR), from 195.6M to 318.8M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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