ADTRAN Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	2018 - 1995
Revenue	1,051	1,149	1,026	563	506.51	530.06	Upgrade
Revenue Growth (YoY)	-12.01%	12.05%	82.15%	11.15%	-4.44%	0.15%	Upgrade
Cost of Revenue	733.85	816.04	698.28	344.63	288.96	310.89	Upgrade
Gross Profit	317.51	333.06	327.25	218.38	217.55	219.17	Upgrade
Selling, General & Admin	249.85	258.15	208.89	124.41	113.97	130.29	Upgrade
Research & Development	248.42	258.31	173.76	108.66	113.29	126.2	Upgrade
Other Operating Expenses	330.46	37.87	17.43	0	0.07	2.64	Upgrade
Operating Expenses	828.73	554.33	400.08	233.08	227.32	259.13	Upgrade
Operating Income	-511.22	-221.27	-72.83	-14.7	-9.77	-39.96	Upgrade
Interest Expense / Income	17.61	16.3	3.44	0.03	0.01	0.51	Upgrade
Other Expense / Income	2.53	1.99	-12.15	-8.43	-3.53	-15.7	Upgrade
Pretax Income	-531.36	-239.56	-64.11	-6.31	-6.25	-24.78	Upgrade
Income Tax	20.8	28.13	-62.08	2.33	-8.62	28.21	Upgrade
Net Income	-552.16	-267.69	-2.04	-8.64	2.38	-52.98	Upgrade
Shares Outstanding (Basic)	79	78	62	49	48	48	Upgrade
Shares Outstanding (Diluted)	79	78	62	49	48	48	Upgrade
Shares Change	0.58%	25.78%	28.33%	0.61%	0.94%	-0.09%	Upgrade
EPS (Basic)	-7.02	-3.41	-0.03	-0.18	0.05	-1.11	Upgrade
EPS (Diluted)	-7.02	-3.41	-0.03	-0.18	0.05	-1.11	Upgrade
Free Cash Flow	-37.14	-88.73	-61.29	-2.66	-22.93	-11.97	Upgrade
Free Cash Flow Per Share	-0.47	-1.13	-0.98	-0.06	-0.48	-0.25	Upgrade
Dividend Per Share	0.180	0.270	0.360	0.360	0.360	0.360	Upgrade
Dividend Growth	-50.00%	-25.00%	0%	0%	0%	0%	Upgrade
Gross Margin	30.20%	28.98%	31.91%	38.79%	42.95%	41.35%	Upgrade
Operating Margin	-48.62%	-19.26%	-7.10%	-2.61%	-1.93%	-7.54%	Upgrade
Profit Margin	-52.52%	-23.30%	-0.20%	-1.53%	0.47%	-10.00%	Upgrade
Free Cash Flow Margin	-3.53%	-7.72%	-5.98%	-0.47%	-4.53%	-2.26%	Upgrade
EBITDA	-411.67	-110.31	6.88	9.81	10.39	-6.5	Upgrade
EBITDA Margin	-39.16%	-9.60%	0.67%	1.74%	2.05%	-1.23%	Upgrade
Depreciation & Amortization	102.08	112.95	67.55	16.08	16.63	17.77	Upgrade
EBIT	-513.75	-223.26	-60.68	-6.27	-6.24	-24.27	Upgrade
EBIT Margin	-48.86%	-19.43%	-5.92%	-1.11%	-1.23%	-4.58%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).