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	-	-	-	0.34	0.35
Cash & Short-Term Investments	95.7	76.02	87.17	108.98	56.95
Cash Growth	25.88%	-12.79%	-20.02%	91.36%	-10.02%
Accounts Receivable	211.12	178.66	217.14	281.29	159.21
Other Receivables	10.28	14.61	17.57	18.99	10.76
Receivables	221.4	193.27	234.7	300.27	169.97
Inventory	215.74	261.56	362.3	427.53	139.89
Prepaid Expenses	53.32	54.2	43.47	32.08	8.6
Restricted Cash	-	-	-	-	0.22
Other Current Assets	49.08	14.1	9.23	13.49	0.7
Total Current Assets	635.22	599.14	736.86	882.36	376.33
Property, Plant & Equipment	156.46	136.8	151.06	141.04	60.69
Long-Term Investments	1.02	1.07	0.94	9.77	43.72
Goodwill	59.98	52.92	353.42	381.72	6.97
Other Intangible Assets	294.05	284.89	337.42	401.21	19.29
Long-Term Deferred Tax Assets	16.48	17.83	25.79	67.84	9.08
Long-Term Deferred Charges	-	-	-	-	0.1
Other Long-Term Assets	41.28	78.78	77.03	59.56	52.85
Total Assets	1,204	1,171	1,683	1,943	569.02
Accounts Payable	167.34	171.83	162.92	237.7	102.49
Accrued Expenses	58.8	59.86	49.11	65.32	21.44
Short-Term Debt	-	-	-	60.53	-
Current Portion of Leases	7.09	7.15	7.72	7.6	1.73
Current Income Taxes Payable	3.64	1.94	5.22	9.03	6.56
Current Unearned Revenue	87.54	52.7	46.73	41.19	17.74
Other Current Liabilities	37.45	-	6.4	7.2	5.4
Total Current Liabilities	361.86	293.47	278.11	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
Long-Term Unearned Revenue	27.14	22.07	25.11	19.24	9.27
Pension & Post-Retirement Benefits	6.28	8.98	12.54	10.62	11.4
Long-Term Deferred Tax Liabilities	27.45	30.37	35.66	61.63	-
Other Long-Term Liabilities	17.56	51.13	57.7	37.01	32.61
Total Liabilities	685.34	621.53	635.53	639.88	211.92
Common Stock	0.8	0.8	0.79	0.78	0.8
Additional Paid-In Capital	801.27	808.91	795.3	895.83	288.95
Retained Earnings	-730.01	-688.81	-232.91	55.34	740.82
Treasury Stock	-5.11	-5.2	-5.83	-4.13	-661.55
Comprehensive Income & Other	78.88	11.25	47.47	26.13	-11.91
Total Common Equity	145.83	126.95	604.83	973.95	357.1
Minority Interest	373.33	422.94	442.15	329.66	-
Shareholders' Equity	519.16	549.89	1,047	1,304	357.1
Total Liabilities & Equity	1,204	1,171	1,683	1,943	569.02
Total Debt	252.13	222.66	234.14	150.94	5
Net Cash (Debt)	-155.41	-145.57	-146.07	-41.15	64.55
Net Cash Growth	-	-	-	-	-6.32%
Net Cash Per Share	-1.95	-1.84	-1.86	-0.66	1.33
Filing Date Shares Outstanding	80.66	79.86	79.12	78.63	49.12
Total Common Shares Outstanding	79.93	79.22	78.67	77.89	49.06
Working Capital	273.36	305.67	458.75	453.78	220.97
Book Value Per Share	1.82	1.60	7.69	12.50	7.28
Tangible Book Value	-208.2	-210.86	-86.01	191.02	330.84
Tangible Book Value Per Share	-2.60	-2.66	-1.09	2.45	6.74
Land	3.07	2.99	5.24	5.36	4.58
Buildings	95.86	90.85	137.45	130.79	103.74
Machinery	260.66	318.93	296.46	273.64	226.96

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q