ADTRAN Holdings Inc. (ADTN) quarterly cash flow statement — complete operating, investing & financing history
ADTRAN Holdings Inc. (ADTN) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q3'26 | 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 |
|---|
| Cash from Operations | -24.47M | 25.91M | 12.67M | 42.24M | 12.19M | 32.16M | 43.18M | 4.54M | 40.72M | 19.9M | 37.92M | -16.29M | 6.85M | -16.23M | -19.93M | -1.5M | -36.81M | -10.79M | 4.87M | -25.88M |
| Operating CF Margin % | -8.7% | 9.22% | 4.43% | 14.49% | 4.36% | 12.13% | 17.43% | 1.87% | 17.88% | 8.8% | 16.77% | -7.22% | 2.51% | -4.96% | -6.15% | -0.42% | -10.81% | -6.27% | 3.15% | -16.79% |
| Operating CF Growth % | -300.77% | -19.42% | -70.66% | 829.53% | -70.07% | 61.62% | 13.86% | 127.89% | 494.76% | 222.57% | 290.33% | -989.63% | 118.6% | -50.5% | - | 94.22% | - | -243.29% | -54.43% | -131.08% |
| Net Income | -7.14M | -6.45M | -1.32M | 311.44M | -10.26M | -18.26M | -8.95M | -43.51M | -22.14M | -49.87M | -328.24M | -109.94M | -75.65M | -36.22M | -40.45M | 34.95M | -44.86M | 2.14M | -1.13M | -4.19M |
| Depreciation & Amortization | 26.18M | 25.56M | 24.92M | 23.3M | 23.33M | 23.39M | 21.6M | 22.56M | 23.05M | 22.45M | 22.39M | 21.53M | 23.95M | 34.06M | 33.4M | 32.77M | 27.55M | 3.57M | 3.66M | 3.84M |
| Stock-Based Compensation | 2.96M | 4.67M | 0 | 577K | 0 | 2.68M | 3.21M | 3.92M | 3.63M | 3.84M | 3.95M | 3.79M | 4.13M | 4.29M | 3.81M | 12.41M | 12.13M | 1.89M | 1.89M | 0 |
| Deferred Taxes | -792K | -169K | -244K | 15.02M | -474K | 1.35M | -157K | 15.65M | 285K | 6.05M | -19.74M | 61.5M | -13.98M | -7.94M | -24.02M | -36.02M | -26.27M | -93K | 0 | -2.22M |
| Other Non-Cash Items | 4.54M | -8.5M | 5.86M | -341.87M | 3.01M | 3.03M | 5.3M | 893K | -2.79M | 4.17M | 302.27M | -140K | 69.47M | 3.73M | 13.04M | 4.44M | 17.3M | 2.13M | 1.49M | -1K |
| Working Capital Changes | -50.22M | 10.8M | -16.54M | 33.77M | -3.41M | 19.97M | 22.18M | 5.03M | 38.68M | 33.24M | 57.28M | 6.98M | -1.08M | -14.17M | -5.71M | -50.05M | -22.66M | -20.42M | -1.05M | -23.31M |
| Change in Receivables | -34.81M | 8.61M | -8.61M | -23.81M | -11.51M | 10.64M | 14.18M | -1.17M | 29.86M | -2.77M | 31.55M | 17.6M | 14.15M | 23.32M | 19.64M | 17.39M | -20.22M | -23.01M | 2.49M | -35.92M |
| Change in Inventory | -22.11M | -4.67M | 4.67M | 19.07M | 15.83M | 19.25M | 10.35M | 5.76M | 5M | 31.73M | 32.37M | 20M | 7.46M | -4.16M | -2.76M | 3.06M | -22.31M | -24.3M | -29.68M | -12.76M |
| Change in Payables | 4.39M | -366K | 366K | 17.4M | 6.83M | -2.02M | -4.22M | 2.09M | 13.66M | -4.52M | 553K | -4M | -19.98M | -27.56M | -40.37M | -42.28M | 27.41M | 18.15M | 24.82M | 23.66M |
| Cash from Investing | -23.86M | -17.12M | -15.86M | -47.23M | -17.05M | -13.76M | -18.34M | -15.31M | -17.04M | -15.99M | -13.87M | -9.45M | -5.29M | -10.67M | -6.79M | 12.45M | 38.6M | 7.48M | -2.7M | 13.89M |
| Capital Expenditures | -5.76M | -500K | -15.94M | -11.67M | -17.03M | -4.68M | -12.18M | 15.73M | -23.21M | -15.99M | -13.51M | -9.45M | -13.56M | -11.68M | -8.44M | -6.93M | -6.86M | -1.82M | -1.46M | -2.1M |
| CapEx % of Revenue | 2.05% | 0.18% | 5.57% | 4% | 6.09% | 1.77% | 4.92% | 6.48% | 10.19% | 7.08% | 5.97% | 4.19% | 4.98% | 3.57% | 2.61% | 1.93% | 2.01% | 1.06% | 0.95% | 1.36% |
| Acquisitions | 0 | 8K | -8K | 0 | -1K | 0 | 0 | 0 | 0 | -20K | 0 | 1.2M | 0 | -26K | -1.18M | 46K | 43.97M | -9.31M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -18.21M | -16.78M | -574K | -35.55M | -183K | -9.06M | -6.98M | -31.01M | 6.01M | 20K | -1.19M | -1.16M | 22K | -49K | 2.41M | -168K | 1.29M | 9.31M | 0 | 0 |
| Cash from Financing | 41.37M | -17.36M | -1.68M | -1.42M | 1.44M | -19.81M | 324K | -352K | -44.83M | -670K | -4.16M | -1.44M | -7.87M | 12.55M | 55.63M | -8.19M | 69.7M | -4.65M | -3.92M | -5.83M |
| Debt Issued (Net) | 48.74M | 0 | 0 | -1.65M | 11.31M | 0 | 0 | 0 | 0 | -5M | 0 | -15.74M | -93K | 19.61M | 70.08M | 1.1M | 72.07M | 0 | 0 | 0 |
| Equity Issued (Net) | 126K | 5.24M | 1.37M | 395K | 271K | 407K | 756K | 605K | 0 | -13K | -176K | 353K | 0 | 105K | 58K | 0 | 4.8M | 68K | 568K | 320K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7.08M | -7.08M | -7.08M | -7.03M | -6.98M | -4.44M | -4.44M | -4.41M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13K | -176K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -7.5M | -22.61M | -3.04M | -165K | -10.14M | -20.22M | -432K | -957K | -44.83M | 4.34M | -3.99M | 13.94M | -694K | -83K | -7.43M | -2.27M | -182K | -279K | -54K | -1.75M |
| Net Change in Cash | -7.51M | -9.03M | -7.43M | -5.53M | -5.04M | 4.95M | 25.3M | -10.89M | -22.73M | 4.43M | 19.59M | -28.93M | -8.2M | -12.16M | 27.81M | -2.46M | 67.73M | -10.66M | -2.79M | 56.82M |
| Free Cash Flow | -30.23M | 16.98M | 5.17M | 30.57M | 4.21M | 18.33M | 35.78M | -10.4M | 23.23M | 3.9M | 23.22M | -25.74M | -6.71M | -27.91M | -28.36M | -8.43M | -43.67M | -12.61M | 3.41M | -27.98M |
| FCF Margin % | -10.75% | 6.04% | 1.81% | 10.48% | 1.51% | 6.91% | 14.44% | -4.28% | 10.2% | 1.73% | 10.27% | -11.41% | -2.46% | -8.53% | -8.76% | -2.35% | -12.82% | -7.33% | 2.21% | -18.15% |
| FCF Growth % | -818.69% | -7.35% | -85.57% | 393.97% | -81.89% | 369.56% | 54.07% | 59.6% | 446.2% | 113.98% | 181.88% | -205.45% | 84.64% | -121.34% | - | 69.89% | - | -308.14% | -65.73% | -123.27% |
| FCF per Share | -0.37 | 0.21 | 0.06 | 0.38 | 0.05 | 0.23 | 0.45 | -0.13 | 0.29 | 0.05 | 0.29 | -0.33 | -0.09 | -0.36 | -0.36 | -0.11 | -0.60 | -0.25 | 0.07 | -0.57 |
| FCF Conversion (FCF/Net Income) | 2.65x | -2.38x | -9.59x | -11.75x | -1.19x | -1.57x | -3.83x | -0.10x | -1.30x | -0.40x | -0.11x | 0.15x | -0.09x | 0.42x | 0.50x | -0.04x | 0.88x | -5.03x | -4.32x | 6.18x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 3.92M | 4.13M | 2.66M | 11.67M | 1.31M | 5.24M | 0 | 3.82M | 3.11M | 1.61M | 1.09M | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 1.79M | 2.37M | -2.43M | 1.69M | 6.84M | 596K | 0 | 0 | -1.25M | 1.25M | 0 | 0 | 0 | 0 | 0 |