← ADTRAN Holdings, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $79.9m | $86.4m | $105.5m | $73.8m | $60.2m | $56.6m | $108.6m | $87.2m | $76.0m | $95.7m | |
| Prepaid Expense and Other Assets, Current | $16.5m | $17.3m | $10.7m | $7.9m | $8.3m | $9.3m | $33.6m | $45.6m | $56.4m | $55.3m | |
| Cash, Cash Equivalents, and Short-term Investments | $123.1m | $102.6m | $108.7m | $107.0m | $63.3m | $57.0m | $108.9m | $87.2m | — | — | |
| Short-term Investments | $43.2m | $16.1m | $3.2m | $33.2m | $3.1m | $350k | $340k | $0 | — | — | |
| Inventory, Net | $105.1m | $122.5m | $99.8m | $98.3m | $125.5m | $139.9m | $427.5m | $362.3m | $261.6m | $215.7m | |
| Assets, Current | $352.9m | $413.1m | $355.4m | $320.3m | $317.4m | $376.3m | $882.4m | $736.9m | $599.1m | $635.2m | |
| Property, Plant and Equipment, Net | $84.5m | $85.1m | $80.6m | $73.7m | $62.4m | $55.8m | $110.7m | $123.0m | $106.5m | $124.4m | |
| Goodwill | $3.5m | $3.5m | $7.1m | $7.0m | $7.0m | $7.0m | $381.7m | $353.4m | $52.9m | $60.0m | |
| Intangible Assets, Net (Excluding Goodwill) | — | — | $33.2m | $27.8m | $23.5m | $19.3m | $401.2m | $328.0m | $284.9m | $294.0m | |
| Operating Lease, Right-of-Use Asset | — | — | — | $8.5m | $5.3m | $4.9m | $30.3m | $37.5m | $30.3m | $32.1m | |
| Other Assets, Noncurrent | $12.2m | $13.7m | $5.7m | $14.3m | $25.4m | $31.0m | $67.0m | $87.7m | $78.1m | $73.4m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $92.3m | $144.2m | $99.4m | $90.5m | $98.8m | $158.7m | $279.4m | $216.4m | $178.0m | $210.7m | |
| Accrued Liabilities, Current | $12.4m | $13.2m | $11.7m | — | — | — | — | — | — | — | |
| Assets | $667.2m | $669.1m | $628.0m | $545.1m | $525.7m | $569.0m | $1.9b | $1.7b | $1.2b | $1.2b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | $2.7m | $1.8m | $1.7m | $7.6m | $7.7m | $7.2m | $7.1m | |
| Accounts Payable, Current | $77.3m | $60.6m | $61.1m | $44.9m | $49.9m | $102.5m | $237.7m | $162.9m | $171.8m | $167.3m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $5.8m | $3.6m | $3.3m | $22.8m | $31.4m | $25.9m | $27.0m | |
| Deferred Revenue, Current | $16.3m | $13.1m | $17.9m | $12.0m | $14.1m | $17.7m | $41.2m | $46.7m | $52.7m | $87.5m | |
| Deferred Revenue, Noncurrent | $6.3m | $4.6m | $17.9m | $12.0m | $14.1m | $17.7m | $41.2m | $46.7m | $52.7m | $87.5m | |
| Long-term Debt, Current Maturities | — | — | — | $24.6m | — | — | — | — | — | — | |
| Long-term Debt, Excluding Current Maturities | $26.8m | $25.6m | $24.6m | $24.6m | — | — | — | — | — | — | |
| Liabilities, Current | $126.5m | $106.8m | $118.0m | $112.7m | $94.2m | $155.4m | $428.6m | $279.5m | $293.5m | $361.9m | |
| Deferred Income Tax Liabilities, Net | — | — | — | — | — | — | $61.6m | $35.7m | $30.4m | $27.5m | |
| Other Liabilities, Noncurrent | $28.1m | $34.2m | $33.8m | $8.4m | $7.1m | $4.5m | $10.3m | $28.7m | $17.9m | $17.6m | |
| Deferred Tax Liabilities, Net | $6.4m | $4.5m | $10.0m | $12.5m | $11.8m | $9.6m | $124.2m | $9.9m | $12.5m | $11.0m | |
| Liabilities | $187.7m | $171.2m | $181.7m | $164.7m | $152.7m | $211.9m | $639.9m | $636.9m | $621.5m | $685.3m | |
| Redeemable Noncontrolling Interest, Equity, Carrying Amount | — | — | — | — | — | — | — | $451.8m | $422.9m | $373.3m | |
| Redeemable Noncontrolling Interest, Equity, Common, Carrying Amount | — | — | — | — | — | — | — | $451.8m | $422.9m | $373.3m | |
| Stockholders’ equity: | |||||||||||
| Common Stock, Value, Issued | $797k | $797k | $797k | $797k | $797k | $797k | $781k | $790k | $795k | $802k | |
| Retained Earnings (Accumulated Deficit) | $921.9m | $922.2m | $884.0m | $806.7m | $781.8m | $740.8m | $55.3m | ($243.9m) | ($688.8m) | ($730.0m) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($12.2m) | ($3.3m) | ($14.4m) | ($16.4m) | ($11.6m) | ($11.9m) | $46.7m | $47.5m | $11.3m | $78.9m | |
| Additional Paid in Capital, Common Stock | $253.0m | $260.5m | $267.7m | $274.6m | $281.5m | $288.9m | $895.8m | $795.3m | $808.9m | $801.3m | |
| Stockholders' Equity Attributable to Parent | $479.5m | $497.9m | $446.3m | $380.4m | $372.9m | $357.1m | — | — | — | — | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | — | — | — | — | — | $309.1m | — | — | — | |
| Liabilities and Equity | $667.2m | $669.1m | $628.0m | $545.1m | $525.7m | $569.0m | $1.9b | $1.7b | $1.2b | $1.2b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.