ADTRAN Holdings, Inc. (ADTN)

From the record

ADTRAN Holdings, Inc.'s filings since 2017 show 9 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2022-07-08); a warning not to rely on past financial statements (8-K item 4.02, 3 times, the latest 2025-05-13); a late-report notice (Form NT 10-K or NT 10-Q, 4 times, the latest 2025-05-13) (its current reports).

From the record

ADTRAN Holdings, Inc.'s 10 filed years say what it did: revenue went from $637 million in fiscal 2016 to $1.1 billion in fiscal 2025, up 6.1% a year; it rose in 6 of 9 years; the deepest fall was 24% from fiscal 2017 to fiscal 2020; net income was positive in 3 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, ADTRAN Holdings, Inc.'s diluted share count grew about 8.5% a year, and dividends and buybacks returned about 11% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 5 sales (3 under scheduled 10b5-1 plans) and 7 purchases of their own stock on the open market in the year to 2026-11-12, buying about $1 million (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, ADTRAN Holdings, Inc. lost about 31 cents for every dollar of shareholders' money, and gross profitability: its products earned about 34 cents per dollar of everything the company owns. Leverage: it owed about 88 cents per dollar of assets, and net share issuance: its share count grew 1.0% over the year (the filed statements).

From the record

ADTRAN Holdings, Inc.'s standing among 9 graded names in its industry family: revenue of $1.1 billion in fiscal 2025 ranks in the top 28% by size; a net margin of -4.2% ranks in the bottom 39%; revenue growth of 1.9% a year over the last 3 filed years ranks in the top 28% (its annual reports).

From the record

ADTRAN Holdings, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Stanton, Thomas R (Chairman & CEO, as filed), filing under that title since 2008-08-12, 18.3 years (top 36% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 10.2 years (top 7%); 11 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 44%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

ADTRAN Holdings, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $96 million against no long-term debt tagged leaves 7.9% of its assets as net cash, bottom 35% of its family; cash from operations less capital spending is 9% of revenue (bottom 44%); a gross margin of 38.3% (top 44%); research spending of 18.8% of revenue (top 21%) (its annual report).

From the record

ADTRAN Holdings, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 1.9% a year over the last three filed years against 6.1% over all 10, slowing (top 50% of its family); the newest year grew 17.5% (top 50%); research spending grew 5.5% a year (top 28%); capital spending grew 23% a year (top 45%) (its annual reports). ADTRAN Holdings, Inc. reported 2 lines of business in fiscal 2025: Network Solutions at $897 million (83%), Services and Support at $187 million (17%); 2 of 2 grew against the year before (its annual report).

From the record

ADTRAN Holdings, Inc.'s newest year against its own record: revenue of $1.1 billion in fiscal 2025 came in 23.8% above the $875 million its prior three years' pace pointed to (top 28% of its family); net income of $46 million against a prior three-year average of $244 million (top 15%); a net margin of -4.2% against -24.5% before (top 17%) (its annual reports).