Adtran Networks SE (ETR:ADV)

Adtran Networks SE Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	33.71	43.63	27.04	30.55	58.45	108.99
Cash & Short-Term Investments	33.71	43.63	27.04	30.55	58.45	108.99
Cash Growth	-1.97%	61.37%	-11.50%	-47.72%	-46.37%	67.98%
Accounts Receivable	141.92	112.92	108.79	115.96	123.9	83.15
Other Receivables	54.46	55.53	91.27	49.97	12.33	8.13
Receivables	196.38	168.44	200.05	165.93	136.23	91.29
Inventory	92.39	84.04	91.14	106.27	128.83	129.21
Prepaid Expenses	5.14	4.77	5.18	3.85	4.69	3.85
Other Current Assets	18.02	23	39.44	51.01	45.13	2.32
Total Current Assets	345.64	323.89	362.86	357.62	373.33	335.65
Property, Plant & Equipment	53.9	57.34	60.91	68.18	54.55	55.82
Goodwill	46.47	45.33	50.21	64.9	71.31	71.6
Other Intangible Assets	56.53	55.37	42.17	31.49	28.12	20.52
Long-Term Deferred Tax Assets	13.39	13.05	19.7	19.54	16.54	15.34
Long-Term Deferred Charges	93.58	94.94	100.61	104.56	97.98	97.79
Other Long-Term Assets	7.94	11.53	17.12	23.32	6.1	4.81
Total Assets	633.62	616.78	670	669.6	647.91	601.52

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	64.11	45.18	48.58	43.12	88.71	83.22
Accrued Expenses	12.16	15.15	17.4	17.33	40.41	33.23
Current Portion of Long-Term Debt	18.04	18.45	21.5	13.29	56.43	25.29
Current Portion of Leases	5.41	5.56	6.05	5.56	5.65	6
Current Income Taxes Payable	2.08	3.89	2.97	2.17	-	5.77
Current Unearned Revenue	47.8	37.47	25.73	25.3	21.19	18.81
Other Current Liabilities	32.21	35.03	41.93	41.42	27.32	23.22
Total Current Liabilities	181.81	160.73	164.15	148.19	239.71	195.53
Long-Term Debt	-	-	46.92	-	-	22.52
Long-Term Leases	18.99	20.97	22.75	25.27	15.55	19.01
Long-Term Unearned Revenue	15.7	16.06	13.22	13.03	8.62	9.33
Pension & Post-Retirement Benefits	5.2	4.92	6.17	6.73	5.55	7.4
Long-Term Deferred Tax Liabilities	12.57	11.01	12.06	2.31	2.87	2.15
Other Long-Term Liabilities	10.4	15.1	16.57	78.37	6.53	5.67
Total Liabilities	244.66	228.79	281.84	273.9	278.83	261.61

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	52.06	52.06	52.06	52.06	52.01	51.45
Retained Earnings	0.49	3.3	-4.82	10.14	-16.98	-35.12
Comprehensive Income & Other	336.42	332.63	340.93	333.5	334.06	323.58
Shareholders' Equity	388.96	387.99	388.17	395.7	369.08	339.91
Total Liabilities & Equity	633.62	616.78	670	669.6	647.91	601.52

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	42.44	44.98	97.22	44.11	77.63	72.82
Net Cash (Debt)	-8.73	-1.34	-70.18	-13.56	-19.19	36.17
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.17	-0.03	-1.35	-0.26	-0.37	0.70
Filing Date Shares Outstanding	52.05	52.05	52.05	52.05	52	51.45
Total Common Shares Outstanding	52.05	52.05	52.05	52.05	52	51.45
Working Capital	163.83	163.15	198.72	209.43	133.62	140.12
Book Value Per Share	7.47	7.45	7.46	7.60	7.10	6.61
Tangible Book Value	285.97	287.29	295.79	299.31	269.65	247.8
Tangible Book Value Per Share	5.49	5.52	5.68	5.75	5.19	4.82
Land	-	29.49	29.68	28.07	19.14	18.79
Machinery	-	134.44	164.62	155.13	143.68	135.64
Construction In Progress	-	0.32	0.14	2.01	6.57	1.84

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 21, 2026

Data Sources Report a data error