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Companies / Technology / ADTRAN Holdings, Inc.
ADTN

ADTRAN Holdings, Inc.

TechnologyElectronic Equipment
Ticker ADTNHUNTSVILLE, ALFiscal year ends DecemberBook value per share $1.61Diluted shares 80.6M

ADTRAN Holdings, Inc. (NASDAQ: ADTN) is a leading global provider of networking and communications platforms, software, systems and services focused on metro optical transport, data center interconnect, and broadband access markets. The company serves a diverse international customer base including large and medium… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.08B
+17.5% year over year
Last 12 mo $1.14B
-1.44%
+44.9 percentage points
Last 12 mo -0.18%
$-36.24M
+91.9% year over year
Last 12 mo $-16.81M
-31.31%
+100.3 percentage points
Last 12 mo -20.14%
Cash & financing
$129.77M
+25.3% year over year
Last 12 mo $93.01M
$98.03M
+41.9% year over year
Last 12 mo $56.92M
1.50
Was 1.49× a year earlier
Last 12 mo 1.69
79.7M
+1.0% year over year
Last 12 mo 80.6M

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) is a leading global provider of networking and communications platforms, software, systems and services focused on metro optical transport, data center interconnect, and broadband access markets. The company serves a diverse international customer base including large and medium service providers, alternative service providers such as utilities and municipalities, cable operators, small-to-medium businesses, enterprises, hyper-scalers, neocloud providers, content providers, data center companies, and government agencies. The company website is www.adtran.com.

ADTRAN operates through two reportable segments: Network Solutions, which encompasses hardware and software products enabling digital infrastructure, and Services & Support, which includes network design, implementation, maintenance, and cloud-hosted SaaS applications featuring AI-driven operations. The company's revenue spans three primary categories: Subscriber Solutions for terminating access services at customer premises; Access & Aggregation Solutions for connecting subscribers and mobile networks to metro networks; and Optical Networking Solutions for interconnecting metro and regional networks over fiber.

The company's product portfolio includes residential gateways, optical networking terminals, enterprise connectivity solutions, optical line terminals, copper access platforms, packet aggregation systems, optical transport equipment, and network management software. The Mosaic One platform represents the company's suite of cloud-hosted SaaS applications providing end-to-end network and service optimization with AI capabilities.

ADTRAN solely owns ADTRAN, Inc. and maintains majority ownership of Adtran Networks SE, a European stock corporation. The company maintains global headquarters in Huntsville, Alabama, with European headquarters in Munich, Germany, and research and development facilities across the United States, Europe, Israel, and Asia. The company invests substantially in research and development to maintain competitive positioning in rapidly evolving telecommunications markets, with annual R&D expenditures exceeding $200 million.

The company competes with established telecommunications equipment manufacturers including Nokia, Ciena, Calix, and others across its various product categories. ADTRAN's strategy emphasizes fiber networking leadership, growth in focus markets, investment in converged edge technologies, software-driven transformation, customer diversification, and sustainability commitments.

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

Financial performance, year by year

Fiscal 2013–2025 · USD
$-609.98M$-130.23M$349.52M$829.27M$1.31B2013201420152016201720182019202020212022202320242025Last 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
0.02%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
0.90%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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