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Companies / Information Technology / ADTRAN Holdings, Inc.
ADTN

ADTRAN Holdings, Inc.

Information TechnologyElectronic Equipment
Ticker ADTNHUNTSVILLE, ALFiscal year ends DecemberBook value per share $1.48Diluted shares 80.8M

ADTRAN Holdings, Inc. (Nasdaq: ADTN) provides networking and communications platforms, software, systems and services for broadband access, metro optical transport and data center interconnection. Its customers include communications service providers, utilities, municipalities, fiber network builders, cable… From the company’s description.

Over the twelve months to Sep 30, 2026, ADTRAN Holdings, Inc. reported revenue of $1.14B, up 10.1% from a year earlier, and a net loss of $16.20M. Its operating margin was 0.0%, and operations generated $56.35M in cash. In fiscal 2025, it reported revenue of $1.08B, up 17.5% from fiscal 2024, and a net loss of $36.24M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$1.08BFY2025
+17.5% year over year
Last 12 mo $1.14B
-1.44%FY2025
+44.9 percentage points
Last 12 mo 0.00%
$-36.24MFY2025
+91.9% year over year
Last 12 mo $-16.20M
-31.31%FY2025
+100.6 percentage points
Last 12 mo -20.94%
Cash & financing
$129.77MFY2025
+25.3% year over year
Last 12 mo $56.35M
$98.03MFY2025
+41.9% year over year
Last 12 mo $22.48M
1.50FY2025
Was 1.49× a year earlier
Last 12 mo 2.32
79.7MFY2025
+1.0% year over year
Last 12 mo 80.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What ADTRAN Holdings, Inc. does

In the company’s own words

ADTRAN Holdings, Inc. (Nasdaq: ADTN) provides networking and communications platforms, software, systems and services for broadband access, metro optical transport and data center interconnection. Its customers include communications service providers, utilities, municipalities, fiber network builders, cable operators, businesses, government agencies, hyperscalers and data center companies. The company sells fiber and copper access platforms, optical transport and timing systems, customer-premises gateways and Wi-Fi equipment, network software, and network design, implementation and support services. It operates two reportable segments: Network Solutions, comprising hardware and software products, and Services & Support, covering network services, support and cloud-hosted software applications. Its products and services span subscriber, access and aggregation, and optical networking solutions, including the Mosaic One software platform and FSP 3000 optical transport products. ADTRAN owns ADTRAN, Inc. and holds a majority stake in Adtran Networks, combining the two businesses following its 2023 business combination with Adtran Networks. The company began operations in 1986 and reported research and development expenditures of $204.3 million in 2025. Its website is www.adtran.com.

Company details
Sector
Information Technology
Industry (SIC)
Electronic Equipment
Headquarters
HUNTSVILLE, AL
Fiscal year end
December
CIK
926282
SIC
3661

Financial performance, year by year

Fiscal 2011–2025 · USD
$-609.98M$-130.23M$349.52M$829.27M$1.31B201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns ADTRAN Holdings, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

212
funds hold it
1 of 35
superinvestors hold it
$465.92M
held by funds, at market
37.7%
of shares held by funds

Superinvestors in ADTRAN Holdings, Inc. · what they did last quarter

Polen CapitalDECREASED -7.1%
Polen Capital Management
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · ADTRAN Holdings, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
—of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.03%of fund net assets
First Eagle Small Cap Opportunity Fund
FESRX · First Eagle Funds
—of fund net assets
2.51%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do ADTRAN Holdings, Inc. and its peers compare on margins and cash generation over ten years?”
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