ADTRAN Holdings Inc. (ADTN) quarterly balance sheet — complete assets, liabilities & equity history
ADTRAN Holdings Inc. (ADTN) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 617.79M | 634.22M | 635.22M | 603.12M | 607.23M | 611.85M | 599.14M | 638.86M | 668.32M | 696.96M | 716.87M | 779.56M | 850.02M | 883.81M | 882.36M | 875.55M | 431.86M | 0 | 376.32M | 0 |
| Cash & Short-Term Investments | 118.31M | 122.08M | 130.87M | 93.68M | 106.27M | 101.32M | 76.02M | 88.46M | 111.19M | 106.76M | 87.17M | 116.09M | 127.38M | 137.51M | 108.98M | 111.9M | 45.14M | 0 | 56.95M | 0 |
| Cash Only | 79.24M | 88.27M | 95.7M | 93.68M | 106.27M | 101.32M | 76.02M | 88.46M | 111.19M | 106.76M | 87.17M | 116.09M | 124.29M | 136.46M | 108.64M | 111.1M | 43.37M | 0 | 56.6M | 0 |
| Short-Term Investments | 39.08M | 33.81M | 35.17M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.09M | 1.06M | 340K | 803K | 1.77M | 0 | 350K | 0 |
| Accounts Receivable | 214.83M | 228.74M | 221.4M | 193.81M | 181.26M | 182.76M | 193.27M | 198.36M | 210.66M | 208.39M | 230.38M | 253.67M | 271.96M | 292.98M | 312.27M | 316.75M | 180.5M | 0 | 169.97M | 0 |
| Days Sales Outstanding | 71.79 | 70.8 | 65.51 | 61.74 | 62.49 | 68.3 | 74.18 | 82.63 | 84.37 | 88.27 | 98.75 | 88.79 | 78.52 | 84.08 | 80.76 | 67.14 | 95.48 | - | 101.44 | - |
| Inventory | 208.78M | 209M | 215.74M | 223.75M | 240.08M | 253.64M | 261.56M | 282.93M | 287.86M | 322.15M | 360.42M | 373.97M | 416.8M | 416.29M | 427.53M | 416.16M | 196.92M | 0 | 139.89M | 0 |
| Days Inventory Outstanding | 107.28 | 110.42 | 113.68 | 123.83 | 135.21 | 151.96 | 165.19 | 184.31 | 192.19 | 199.26 | 229.79 | 183.63 | 161.42 | 160.83 | 154.7 | 118.65 | 163.6 | - | 129.06 | - |
| Other Current Assets | 15.44M | 74.39M | 67.22M | 91.87M | 79.62M | 74.12M | 68.3M | 69.11M | 58.61M | 59.67M | 38.89M | 35.83M | 33.88M | 37.02M | 0 | 0 | 0 | 0 | 215K | 0 |
| Total Non-Current Assets | 532.17M | 550.85M | 569.27M | 605.79M | 609.07M | 581.39M | 572.28M | 634.29M | 622.46M | 630.95M | 960.57M | 962.61M | 1.03B | 1.05B | 1.06B | 962.5M | 168.31M | 0 | 192.69M | 0 |
| Property, Plant & Equipment | 123M | 123.85M | 124.38M | 121.47M | 111.94M | 109.61M | 106.45M | 147.43M | 134.58M | 126.97M | 155.63M | 118.62M | 115.72M | 111.97M | 110.7M | 104.58M | 53.43M | 0 | 55.77M | 0 |
| Fixed Asset Turnover | 2.28x | 2.30x | 2.37x | 2.39x | 2.39x | 2.29x | 1.91x | 1.61x | 1.73x | 1.60x | 1.64x | 2.32x | 2.88x | 2.91x | 3.33x | 4.31x | 3.22x | - | 2.76x | - |
| Goodwill | 58.34M | 59M | 59.98M | 59.92M | 60.19M | 55.26M | 52.92M | 56.88M | 54.9M | 55.13M | 358.15M | 339.08M | 388.16M | 385.75M | 381.72M | 357.87M | 6.97M | 0 | 6.97M | 0 |
| Intangible Assets | 269.49M | 281.28M | 294.05M | 302.28M | 310.17M | 293.06M | 284.89M | 286.1M | 290.79M | 306.45M | 337.42M | 328.69M | 355.08M | 379.29M | 401.21M | 393.57M | 17.47M | 0 | 19.29M | 0 |
| Long-Term Investments | 1.02M | 937K | 1.02M | 35.28M | 1.07M | 29.97M | 32.06M | 31.51M | 30.16M | 29.25M | 27.74M | 25.18M | 31.24M | 32.99M | 32.66M | 50.13M | 52.3M | 0 | 70.61M | 0 |
| Other Non-Current Assets | 64.11M | 69.56M | 73.35M | 69.02M | 107.87M | 75.66M | 78.13M | 86.68M | 87.11M | 87.73M | 52.33M | 60.77M | 60.63M | 63.15M | 67M | 56.35M | 29.64M | 0 | 30.97M | 0 |
| Total Assets | 1.15B | 1.19B | 1.2B | 1.21B | 1.22B | 1.19B | 1.17B | 1.27B | 1.29B | 1.33B | 1.68B | 1.74B | 1.88B | 1.94B | 1.94B | 1.84B | 600.18M | 0 | 569.02M | 0 |
| Asset Turnover | 0.24x | 0.24x | 0.24x | 0.23x | 0.22x | 0.21x | 0.20x | 0.18x | 0.17x | 0.15x | 0.13x | 0.15x | 0.17x | 0.17x | 0.19x | 0.28x | 0.29x | - | 0.27x | - |
| Asset Growth % | -5.45% | -0.68% | 2.82% | -5.05% | -5.77% | -10.14% | -30.17% | -26.92% | -31.45% | -31.5% | -13.69% | -5.22% | 213.73% | - | 241.55% | - | 8.84% | -100% | 8.24% | -100% |
| Total Current Liabilities | 344.81M | 359.21M | 361.86M | 307.75M | 309.66M | 303.44M | 293.47M | 304.82M | 289.71M | 282.75M | 274M | 285.29M | 309.64M | 342.2M | 428.57M | 525.29M | 201.71M | 0 | 155.36M | 0 |
| Accounts Payable | 169.32M | 170.6M | 167.34M | 188.95M | 178.29M | 171.91M | 171.82M | 173.35M | 158.55M | 158.97M | 162.92M | 148.9M | 171.74M | 198.25M | 237.7M | 276.03M | 144.43M | 0 | 102.49M | 0 |
| Days Payables Outstanding | 87.29 | 87.85 | 92.16 | 98.04 | 95.91 | 101.39 | 104.72 | 107.18 | 100.04 | 93.97 | 97.57 | 74.46 | 71.69 | 83.09 | 94.2 | 81.37 | 120 | - | 94.55 | - |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.72M | 10.58M | 10.91M | 10.84M | 60.53M | 114.28M | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 78.71M | 90.75M | 87.54M | 57.56M | 62.7M | 66.46M | 52.7M | 54.62M | 55.11M | 55.12M | 42.5M | 49.83M | 48.03M | 55.61M | 41.19M | 40.99M | 22.7M | 0 | 17.74M | 0 |
| Other Current Liabilities | 42.65M | 37.05M | 37.45M | 0 | 0 | 38.16M | 0 | 0 | 0 | 36.42M | 28.48M | 29.72M | 0 | 27.77M | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 1.79x | 1.77x | 1.76x | 1.96x | 1.96x | 2.02x | 2.04x | 2.10x | 2.31x | 2.46x | 2.62x | 2.73x | 2.75x | 2.58x | 2.06x | 1.67x | 2.14x | - | 2.42x | - |
| Quick Ratio | 1.19x | 1.18x | 1.16x | 1.23x | 1.19x | 1.18x | 1.15x | 1.17x | 1.31x | 1.33x | 1.30x | 1.42x | 1.40x | 1.37x | 1.06x | 0.87x | 1.16x | - | 1.52x | - |
| Cash Conversion Cycle | 91.78 | 93.37 | 87.03 | 87.53 | 101.79 | 118.87 | 134.65 | 159.77 | 176.52 | 193.56 | 230.97 | 197.96 | 168.25 | 161.82 | 141.27 | 104.41 | 139.08 | - | 135.94 | - |
| Total Non-Current Liabilities | 316.5M | 319.32M | 323.48M | 357.49M | 334.93M | 327.97M | 328.05M | 332.55M | 341.1M | 337.74M | 354.86M | 340.06M | 790.83M | 333.56M | 211.31M | 127.94M | 49.93M | 0 | 56.56M | 0 |
| Long-Term Debt | 218.82M | 218.37M | 218.04M | 217.88M | 190.18M | 190.09M | 189.58M | 189.85M | 190.27M | 195M | 195M | 200M | 200M | 180M | 60M | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 23.84M | 24.94M | 27M | 25.95M | 27.78M | 26.37M | 25.93M | 25.64M | 26.61M | 27.67M | 31.42M | 23.61M | 20.83M | 21.45M | 22.81M | 21.49M | 0 | 0 | 3.27M | 0 |
| Deferred Tax Liabilities | 26.49M | 26.78M | 27.45M | 32.3M | 32.87M | 30.73M | 30.37M | 21.48M | 21.08M | 15.41M | 35.57M | 37.98M | 44.61M | 51.85M | 61.63M | 36.88M | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 22.39M | 22.95M | 23.84M | 58.16M | 59.67M | 56.7M | 60.11M | 70.68M | 76.55M | 76.78M | 70.24M | 54.97M | 501.27M | 55.36M | 47.63M | 51.29M | 39.8M | 0 | 44.02M | 0 |
| Total Liabilities | 661.3M | 678.52M | 685.34M | 665.24M | 644.59M | 631.41M | 621.52M | 637.38M | 630.81M | 620.49M | 628.86M | 625.36M | 1.1B | 675.76M | 639.88M | 653.23M | 251.64M | 0 | 211.91M | 0 |
| Total Debt | 242.66M | 243.37M | 245.04M | 243.83M | 217.96M | 216.45M | 215.5M | 215.48M | 216.89M | 222.67M | 234.14M | 234.19M | 231.75M | 212.29M | 143.34M | 135.78M | 0 | 0 | 3.27M | 0 |
| Net Debt | 163.43M | 155.09M | 149.34M | 150.15M | 111.69M | 115.13M | 139.48M | 127.03M | 105.7M | 115.91M | 146.97M | 118.1M | 107.45M | 75.83M | 34.7M | 24.68M | -43.37M | 0 | -53.33M | 0 |
| Debt / Equity | 0.50x | 0.48x | 0.47x | 0.45x | 0.38x | 0.39x | 0.39x | 0.34x | 0.33x | 0.31x | 0.22x | 0.21x | 0.30x | 0.17x | 0.11x | 0.11x | - | - | 0.01x | - |
| Debt / EBITDA | 15.66x | 7.78x | 8.82x | 11.87x | 21.63x | 12.28x | 29.00x | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 10.55x | 4.96x | 5.38x | 7.31x | 11.08x | 6.53x | 18.77x | - | - | - | - | - | - | - | - | - | -3.70x | - | - | - |
| Interest Coverage | -0.87x | 1.67x | 1.13x | -0.19x | -2.78x | -0.96x | -2.82x | -4.01x | -5.50x | -74.44x | -8.61x | -19.46x | -9.97x | -14.75x | -10.22x | -36.74x | 46.65x | -116.83x | -331.94x | -1521.50x |
| Total Equity | 488.66M | 506.54M | 519.16M | 543.67M | 571.7M | 561.83M | 549.89M | 635.77M | 659.97M | 707.42M | 1.05B | 1.12B | 782.47M | 1.26B | 1.3B | 1.18B | 348.54M | 0 | 357.1M | 0 |
| Equity Growth % | -14.53% | -9.84% | -5.59% | -14.49% | -13.37% | -20.58% | -47.56% | -43.07% | -15.66% | -43.98% | -19.56% | -5.74% | 124.5% | - | 265.05% | - | -7.18% | -100% | -4.25% | -100% |
| Book Value per Share | 6.06 | 6.31 | 6.50 | 6.82 | 7.17 | 7.06 | 6.95 | 8.05 | 8.37 | 8.98 | 13.35 | 14.25 | 9.98 | 16.12 | 16.74 | 16.22 | 7.00 | - | 7.30 | - |
| Total Shareholders' Equity | 129.5M | 137.53M | 145.83M | 141.58M | 169.61M | 138.89M | 126.95M | 213.99M | 220.23M | 265.78M | 605.26M | 684.89M | 782.47M | 820.16M | 973.95M | 871.15M | 348.54M | 0 | 357.1M | 0 |
| Common Stock | 815K | 808K | 802K | 801K | 800K | 800K | 795K | 792K | 791K | 791K | 790K | 787K | 787K | 787K | 781K | 776K | 797K | 0 | 797K | 0 |
| Retained Earnings | -736.38M | -731.35M | -730.01M | -728.71M | -719.18M | -700.5M | -688.81M | -635.16M | -606.38M | -558.36M | -231.71M | -113.29M | -41.01M | 8.01M | 55.34M | 31.54M | 731.82M | 0 | 740.82M | 0 |
| Treasury Stock | -5.01M | -5.01M | -5.11M | -5.11M | -5.11M | -5.11M | -5.2M | -5.2M | -5.2M | -5.2M | -5.83M | -5.97M | -5.94M | -5.92M | -4.13M | -4.08M | -660.11M | 0 | -661.55M | 0 |
| Accumulated OCI | 64.19M | 70.05M | 78.88M | 74.66M | 78.36M | 31.63M | 11.25M | 47.38M | 28.27M | 29.66M | 47.53M | 32.8M | 62.21M | 34.53M | 26.13M | -40.29M | -16.7M | 0 | -11.91M | 0 |
| Minority Interest | 359.16M | 369.02M | 373.33M | 402.09M | 402.09M | 422.93M | 422.94M | 421.78M | 439.74M | 441.63M | 443.33M | 431.92M | 0 | 442.67M | 329.66M | 313.68M | 0 | 0 | 0 | 0 |