ADTN
Adtran Holdings, Inc. Information Technology Telephone & Telegraph Apparatus Russell 3000
$6.53Close
$521.9MMarket cap
$6.31 – $19.4052-week range
Nov 2, 2026Next report · after the close
Highlights
Cautions
- Not in an uptrend 1 of 8 trend conditions
- Lagging the market RS 5 · weaker than 95% of stocks over 12 months
- Far from its high 66% below its 52-week high
- Results soon Nov 2, 2026, in 1 day
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
66%
1wk
up 1.6%
price change
1mo
down 4.5%
price change
12-month return
down 38%
market up 11% ·
its own down 47%
F-score
6 / 9
Mixed
Altman Z
0.74
Elevated risk
P/E
—
price / earnings
PEG
—
P/E / EPS growth
P/B
3.6×
price / book
Earnings yield
down 3.7%
EBIT / enterprise value
Cheaper than
53%
of the market · around average
Revenue growth
up 17%
year on year
EPS growth
—
latest quarter
Sales growth
up 6%
latest quarter · -9 pts
ROE
down 33%
return on equity
Free cash margin
up 9%
$98.0M FCF
D/E
—
long-term debt / equity
Net debt / EBITDA
-1.2×
net cash
Interest cover
Lossoperating loss
Piotroski tests
- not yet profitable on its assets
- short-term liquidity weakened
- issued more shares
- generating cash from operations
- profitability improving
- profits backed by cash
- reduced long-term debt
- gross margin widened
- assets working harder
Repair signals
- Gross margin 35.1% → 38.3%
- Revenue reaccelerating (-20% then +17%)
Trade setup
ATR%
4.8%
$0.31 a day · 2×ATR $5.90
RS
5 / 99
vs the universe
Trend
1 / 8
trend template
Relative volume
0.7×
vs 50-day average
Up/down volume
1.04
50 sessions
Implied move
—
no option chain · report Nov 2, 2026
Trend template · 1 of 8
- 150-day average above the 200-day: passes
Screen verdict
Did not qualify for any screen.
Warning signs
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Losing money before interest is even paid The company made an operating loss, so interest is not covered at all - the debt is being serviced from cash reserves, asset sales or new borrowing rather than from the business.
Last reported
Aug 4, 2026
Last shock
Jul 22, 2026-14% in one session2.6× volumeon results-38% since
Financials
- Gross 38%
- Net -4%
- Free cash 9%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $506.5M | $563.0M | $1.0B | $1.1B | $922.7M | $1.1B |
| Gross margin | 43% | 39% | 32% | 29% | 35% | 38% |
| Operating income | -$9.8M | -$14.7M | -$72.8M | -$223.7M | -$427.6M | -$15.6M |
| Net income | $2.4M | -$8.6M | -$2.0M | -$268.9M | -$459.9M | -$45.7M |
| Net margin | 0% | -2% | -0% | -23% | -50% | -4% |
| Earnings per share | $0.05 | -$0.18 | -$0.03 | -$3.43 | -$5.83 | -$0.57 |
| Free cash flow | -$22.9M | -$2.7M | -$61.3M | -$79.4M | $69.1M | $98.0M |
| Free cash margin | -5% | -0% | -6% | -7% | 7% | 9% |
| Cash | $60.2M | $56.6M | $108.6M | $87.2M | $76.0M | $95.7M |
| Shareholders' equity | $372.9M | $357.1M | $1.3B | $605.3M | $127.0M | $145.8M |
| Shares outstanding | 48.24m | 49.06m | 77.89m | 78.67m | 79.22m | 79.93m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 4, 2026 | Quarterly ↗ | Jun 30, 2026 | 35d |
| May 5, 2026 | Quarterly ↗ | Mar 31, 2026 | 35d |
| Feb 26, 2026 | Annual ↗ | Dec 31, 2025 | 57d |
| Nov 4, 2025 | Quarterly ↗ | Sep 30, 2025 | 35d |
| Aug 5, 2025 | Quarterly ↗ | Jun 30, 2025 | 36d |
| May 20, 2025 | Quarterly ↗ | Mar 31, 2025 | 50d |
| Mar 3, 2025 | Annual ↗ | Dec 31, 2024 | 62d |
| Nov 12, 2024 | Quarterly ↗ | Sep 30, 2024 | 43d |
| Aug 9, 2024 | Quarterly ↗ | Jun 30, 2024 | 40d |
| May 10, 2024 | Quarterly ↗ | Mar 31, 2024 | 40d |
| Mar 15, 2024 | Annual ↗ | Dec 31, 2023 | 75d |
| Nov 9, 2023 | Quarterly ↗ | Sep 30, 2023 | 40d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 29, 2026 | Director or officer change · Other events ↗ |
| Aug 10, 2026 | Director or officer change ↗ |
| Aug 4, 2026 | Results · Regulation FD ↗ |
| Jul 23, 2026 | Material agreement · Agreement ended · New obligation ↗ |
| Jul 22, 2026 | Results · Regulation FD ↗ |
| Jun 26, 2026 | Director or officer change · Other events ↗ |
| May 18, 2026 | Charter or bylaws · Shareholder vote ↗ |
| May 5, 2026 | Results · Regulation FD ↗ |
| Apr 7, 2026 | Director or officer change ↗ |
| Feb 26, 2026 | Results · Regulation FD ↗ |
| Jan 22, 2026 | Results · Regulation FD ↗ |
| Dec 11, 2025 | Director or officer change ↗ |