ADTRAN Financial Statements
NASDAQ: ADTNUtilitiesTelecommunications EquipmentUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
ADTRAN revenue and earnings
In fiscal 2025, ADTRAN generated $1.08 billion in revenue, up 17.5% from fiscal 2024. ADTRAN reported a net loss of $45.7 million, compared with a loss of $459.9 million a year earlier. Gross margin was 38.3% (up from 35.1%) and operating margin -1.4%.
Diluted earnings per share came in at -$0.52. Over the last 5 fiscal years, ADTN's revenue has grown at a 16.4% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
ADTRAN income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.08B | 922.72M | 1.15B | 1.03B | 563.00M | 506.51M | 530.06M | 529.28M | 666.90M | 636.78M |
| Revenue growth (YoY) | +17.46% | -19.70% | +12.05% | +82.15% | +11.15% | -4.44% | +0.15% | -20.64% | +4.73% | +6.12% |
| Cost of Revenue | 668.85M | 598.56M | 817.97M | 698.28M | 344.63M | 288.96M | 310.89M | 325.71M | 363.26M | 345.45M |
| Gross Profit | 414.95M | 324.16M | 331.13M | 327.25M | 218.38M | 217.55M | 219.17M | 203.56M | 303.63M | 291.33M |
| Operating Expenses | 430.55M | 751.73M | 554.79M | 400.08M | 233.08M | 227.32M | 259.13M | 248.99M | 266.25M | 256.76M |
| Research & Development | 204.28M | 221.46M | 258.31M | 173.76M | 108.66M | 113.29M | 126.20M | 124.55M | 130.67M | 124.91M |
| Selling, General & Admin | 226.28M | 232.92M | 258.61M | 208.89M | 124.41M | 113.97M | 130.29M | 124.44M | 135.58M | 131.85M |
| Operating Income | -15.60M | -427.56M | -223.67M | -72.83M | -14.70M | -9.77M | -39.96M | -45.42M | 37.39M | 34.57M |
| Interest Expense | 19.34M | 22.05M | 16.30M | 3.44M | 34.00K | 5.00K | 511.00K | 533.00K | 556.00K | 572.00K |
| Other Income (Expense) | -1.63M | 246.00K | 1.27M | 14.52M | 3.82M | -3.25M | 1.50M | 1.29M | -1.21M | -489.00K |
| Pretax Income | -31.25M | -442.73M | -233.61M | -70.96M | -6.30M | -6.25M | -24.78M | -33.37M | 44.69M | 46.90M |
| Income Tax | 4.99M | 7.34M | 28.30M | -62.08M | 2.33M | -8.62M | 28.20M | -14.03M | 20.85M | 11.67M |
| Net Income | -45.66M | -459.89M | -268.85M | -2.04M | -8.63M | 2.38M | -52.98M | -19.34M | 23.84M | 35.23M |
| Net Income growth (YoY) | — | — | — | — | -463.12% | — | — | -181.13% | -32.33% | +88.94% |
| EPS (Basic) | -0.52 | -5.79 | -3.43 | -0.03 | -0.18 | 0.05 | -1.11 | -0.40 | 0.50 | 0.72 |
| EPS (Diluted) | -0.52 | -5.79 | -3.43 | -0.03 | -0.18 | 0.05 | -1.11 | -0.40 | 0.49 | 0.72 |
| Shares Outstanding (Basic) | 79.74M | 78.93M | 78.42M | 62.35M | 48.58M | 48.00M | 47.84M | 47.88M | 48.15M | 48.72M |
| Shares Outstanding (Diluted) | 79.74M | 78.93M | 78.42M | 62.35M | 48.58M | 48.29M | 47.84M | 47.88M | 48.70M | 48.95M |
| EBITDA | 76.95M | -337.04M | -110.72M | -5.27M | 1.38M | 6.85M | -22.19M | -29.53M | 53.08M | 48.98M |
| Gross Margin | 38.29% | 35.13% | 28.82% | 31.91% | 38.79% | 42.95% | 41.35% | 38.46% | 45.53% | 45.75% |
| Operating Margin | -144.00% | -46.34% | -19.46% | -7.10% | -2.61% | -1.93% | -7.54% | -8.58% | 5.61% | 5.43% |
| Net Margin | -4.21% | -49.84% | -23.40% | -20.00% | -1.53% | 47.00% | -10.00% | -3.65% | 3.57% | 5.53% |
This table shows 10 annual periods of ADTRAN's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow ADTN's reporting calendar. What is a income statement?