ADTRAN Holdings, Inc.(ADTN)Stock Analysis
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Rank #1,888 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
ADTN Stock Analysis & AI Quality Score
AI stock analysis and institutional research for ADTRAN Holdings, Inc. (ADTN), a Technology sector company. 13F Pro's AI-powered ranking engine scores ADTN at 41.6/100 on a 32-signal composite quality model, placing it at rank #1,888 of 2,879 stocks — the bottom half of the AI-ranked universe. ADTN scores in the top quartile across institutional flow (90.7). Areas of concern include revenue growth (23.0) and balance sheet strength (26.4), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), ADTRAN Holdings, Inc. reports quarterly revenue of $286.1M, net income of $-1.3M, an operating margin of 2.2%. Top institutional holders of ADTN by reported 13-F value include BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. ADTN trades on the Nasdaq exchange and files with the SEC under CIK 926282. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ADTN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for ADTRAN Holdings, Inc. directly from SEC EDGAR. ADTRAN Holdings, Inc.'s 13F Pro composite quality score has ranged between 34 and 43 since 2024, currently 41.6 — a stable long-term trajectory across 15 quarterly and live scoring snapshots.
Revenue
Q1 2026
$286.1M
Net Income
Q1 2026
$-1.3M
Free Cash Flow
Q1 2026
$5.2M
Operating Margin
Q1 2026
2.2%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+17.5% YoYNet Income
+90.1% YoYOperating Income
+96.4% YoYEPS (Diluted)
+91.0% YoYTotal Assets
+2.8% YoYTotal Debt
Op. Cash Flow
+25.3% YoY| Metric | FY 2025 | FY 2024 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Revenue | $1.08B +17.5% | $922.7M +74.1% | $530.1M +0.1% | $529.3M -20.6% | $666.9M +4.7% | $636.8M |
| Net Income | $-45.7M +90.1% | $-459.9M -768.0% | $-53.0M -173.9% | $-19.3M -181.1% | $23.8M -32.3% | $35.2M |
| Operating Income | $-15.6M +96.4% | $-427.6M -969.9% | $-40.0M +12.0% | $-45.4M -221.5% | $37.4M +8.1% | $34.6M |
| EPS (Diluted) | $-0.52 +91.0% | $-5.79 -421.6% | $-1.11 -177.5% | $-0.40 -181.6% | $0.49 -31.9% | $0.72 |
| Total Assets | $1.20B +2.8% | $1.17B +114.9% | $545.1M -13.2% | $628.0M -6.1% | $669.1M +0.3% | $667.2M |
| Total Debt | — | — | $49.2M +78.3% | $27.6M -0.7% | $27.8M -3.5% | $28.8M |
| Operating Cash Flow | $129.8M +25.3% | $103.6M +4289.8% | $-2.5M -104.5% | $55.5M +230.9% | $-42.4M -200.9% | $42.0M |
AI Insight: ADTN Financial Trends
ADTRAN achieved operating profitability in Q4 2025 after seven consecutive quarters of losses, though revenue declined 2% sequentially in Q1 2026.
• Revenue grew steadily from $226M in Q2 2024 to $292M in Q4 2025, representing 29% growth over six quarters.
• Operating income turned positive at $4M in Q4 2025 after operating losses ranging from $3M to $33M in prior quarters.
• Net losses narrowed significantly from $55M in Q4 2024 to $1M in Q1 2026.
⚠ Revenue declined to $286M in Q1 2026 from $292M in Q4 2025, breaking six-quarter growth streak.
⚠ Operating cash flow volatility with swings from $5M to $43M across recent quarters signals uneven cash generation.
AI Insight: ADTN Ratio Trends
ADTRAN achieved first positive operating margin in Q4 2025 at 1.5%, improving to 2.2% in Q1 2026 after eight quarters of losses.
• Operating margin turned positive in Q4 2025 at 1.5%, expanding to 2.2% in Q1 2026 from -14.4% in Q3 2024.
• Net profit margin improved from -10.8% in Q3 2024 to -0.5% in Q1 2026, nearing breakeven profitability.
• ROA steadily recovered from -18.8% in Q4 2024 to -0.4% in Q1 2026, approaching positive territory.
⚠ TTM operating margin at -0.5% still negative despite recent quarterly improvements, indicating fragile turnaround momentum.
⚠ Company remains unprofitable with -0.5% net margin in Q1 2026, requiring sustained execution to reach consistent profitability.
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Available Research
13F Pro tracks comprehensive data for ADTRAN Holdings, Inc. including:
Top Institutional Holders of ADTN
BlackRock, Inc.
$98.6M7,840,254 shVANGUARD PORTFOLIO MANAGEMENT LLC
$60.0M4,771,452 shVANGUARD CAPITAL MANAGEMENT LLC
$43.1M3,426,230 shROYCE & ASSOCIATES LP
$39.3M3,127,403 shDnB Asset Management AS
$39.3M3,123,679 shSTATE STREET CORP
$29.6M2,350,737 shWILLIAM BLAIR INVESTMENT MANAGEMENT, LLC
$25.0M1,989,530 shMILLENNIUM MANAGEMENT LLC
$23.9M1,896,411 shMORGAN STANLEY
$23.1M1,832,872 shGEODE CAPITAL MANAGEMENT, LLC
$22.9M1,819,123 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $98.6M | 7,840,254 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $60.0M | 4,771,452 |
| VANGUARD CAPITAL MANAGEMENT LLC | $43.1M | 3,426,230 |
| ROYCE & ASSOCIATES LP | $39.3M | 3,127,403 |
| DnB Asset Management AS | $39.3M | 3,123,679 |
| STATE STREET CORP | $29.6M | 2,350,737 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | $25.0M | 1,989,530 |
| MILLENNIUM MANAGEMENT LLC | $23.9M | 1,896,411 |
| MORGAN STANLEY | $23.1M | 1,832,872 |
| GEODE CAPITAL MANAGEMENT, LLC | $22.9M | 1,819,123 |
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Popular Research
Is ADTN a good stock to buy?
13F Pro's AI-powered analysis of ADTRAN Holdings, Inc. (ADTN) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ADTN are available on the ADTN stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own ADTN?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ADTN. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of ADTRAN Holdings, Inc.'s investment landscape.