ADTRAN Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	95.7	76.02	87.17	108.64	56.6
Short-Term Investments	35.17	-	-	0.34	0.35
Cash & Short-Term Investments	130.87	76.02	87.17	108.98	56.95
Cash Growth	72.15%	-12.79%	-20.02%	91.36%	-10.02%
Accounts Receivable	210.69	178.03	209.74	279.44	158.74
Other Receivables	7.05	9.78	17.45	32.83	11.23
Total Trade Receivables	217.73	187.81	227.19	312.27	169.97
Inventory	215.74	261.56	360.42	427.53	139.89
Other Current Assets	70.89	73.76	44.19	33.58	9.51
Total Current Assets	635.22	599.14	718.97	882.36	376.33
Net Property, Plant & Equipment	124.38	106.45	118.16	110.7	55.77
Other Intangible Assets	294.05	284.89	337.42	401.21	19.29
Goodwill	59.98	52.92	358.15	381.72	6.97
Long-Term Investments	1.02	32.06	27.74	32.67	70.62
Other Long-Term Assets	89.83	95.95	117	134.84	40.05
Total Assets	1,204	1,171	1,677	1,943	569.02
Accounts Payable	167.34	171.83	162.92	237.7	102.49
Accrued Expenses	103.34	67.01	63.36	80.12	28.57
Short-Term Debt	-	-	-	60.53	-
Unearned Revenue	87.54	52.7	42.5	41.19	17.74
Other Current Liabilities	3.64	1.94	5.22	9.03	6.56
Total Current Liabilities	361.86	293.47	274	428.58	155.36
Long-Term Debt	218.04	189.58	195	60	-
Long-Term Leases	27	25.93	31.42	22.81	3.27
Other Long-Term Liabilities	78.44	112.55	128.44	128.5	53.29
Total Long-Term Liabilities	323.48	328.05	354.86	211.31	56.56
Total Liabilities	685.34	621.53	628.86	639.88	211.92
Common Stock	0.8	0.8	0.79	0.78	0.8
Treasury Stock	-5.11	-5.2	-5.83	-4.13	-661.55
Additional Paid-in Capital	801.27	808.91	794.47	895.83	288.95
Accumulated Other Comprehensive Income	78.88	11.25	47.53	26.13	-11.91
Retained Earnings	-730.01	-688.81	-231.71	55.34	740.82
Total Common Shareholders' Equity	145.83	126.95	605.26	973.95	357.1
Minority Interest	373.33	422.94	443.33	329.66	-
Shareholders' Equity	145.83	126.95	605.26	1,304	357.1
Total Liabilities & Equity	1,204	1,171	1,677	1,943	569.02
Total Debt	245.04	215.5	226.42	143.34	3.27
Net Cash (Debt)	-114.17	-139.48	-139.25	-34.36	53.68
Net Cash Growth	-	-	-	-	-15.18%
Net Cash Per Share	-1.43	-1.77	-1.78	-0.55	1.10
Book Value	145.83	126.95	605.26	973.95	357.1
Book Value Per Share	1.83	1.61	7.72	15.62	7.35
Tangible Book Value	-208.2	-210.86	-90.32	191.02	330.84
Tangible Book Value Per Share	-2.61	-2.67	-1.15	3.06	6.81

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.