ADTRAN Holdings (ADTN) Gross Margin (2009 - 2023)
ADTRAN Holdings' (ADTN) quarterly Gross Margin came in at 28.27% in Q2 2023, down 806.0% year-on-year from 4.0% in Q2 2022, and down 22.19% on a QoQ basis from 36.33% in Q2 2022.
ADTRAN Holdings (ADTN) Gross Margin (2009 - 2023) Analysis & Trends
ADTRAN Holdings (ADTN) has 15 years of Gross Margin data on file, last reported at 28.27% in Q2 2023.
- On a quarterly basis, Gross Margin fell 806.0% year-over-year to 28.27% in Q2 2023; TTM through Jun 2023 was 32.65%, a 273.0% decrease from a year earlier, with the FY2022 full-year figure at 31.91%, down 688.0% from the prior year.
- Gross Margin for Q2 2023 stood at 28.27%, down from 36.33% in the prior quarter.
- Over the last five years, Gross Margin for ADTN reached as high as 45.06% in Q1 2020 and fell as low as 28.27% in Q2 2023.
- Historically, Gross Margin has averaged 39.5% across 5 years, with a median of 41.13% in 2020.
- Across the five-year window, Gross Margin soared 926 bps in 2019 and plunged 976 bps in 2021, its largest moves.
- Year by year, Gross Margin stood at 40.77% in 2019, then increased by 1 bps to 41.13% in 2020, then decreased by 14 bps to 35.31% in 2021, then climbed by 3 bps to 36.33% in 2022, then dropped by 22 bps to 28.27% in 2023.
- Per Business Quant data, the three most recent Gross Margin figures were 28.27% in Q2 2023, 36.33% in Q2 2022, and 35.15% in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 453.08 Bn | 436.44 Bn | 10.08 Bn | 63.63% |
| 2 | Motorola Solutions | 70.40 Bn | 69.51 Bn | 1.36 Bn | 50.18% |
| 3 | Hewlett Packard Enterprise | 64.04 Bn | 59.20 Bn | 9.10 Bn | 97.81% |
| 4 | Ciena | 53.20 Bn | 51.90 Bn | 625.52 Mn | 43.83% |
| 5 | Lumentum Holdings | 51.31 Bn | 48.14 Bn | 357.00 Mn | 44.16% |
| 6 | Nokia | 49.83 Bn | 42.52 Bn | 9.86 Bn | 144,416.67% |
| 7 | Ubiquiti | 32.53 Bn | 32.16 Bn | 370.71 Mn | 47.03% |
| 8 | Ericsson Lm Telephone | 32.22 Bn | 26.54 Bn | 2.53 Bn | 45.78% |
| 9 | AST SpaceMobile | 16.80 Bn | 16.80 Bn | 3.67 Mn | 24.92% |
| 10 | ADTRAN Holdings | 764.66 Mn | 676.39 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 28.27% |
| Jun 30, 2022 | 36.33% |
| Mar 31, 2022 | 35.15% |
| Dec 31, 2021 | 35.31% |
| Sep 30, 2021 | 34.53% |
| Jun 30, 2021 | 43.75% |
| Mar 31, 2021 | 42.03% |
| Dec 31, 2020 | 41.13% |
| Sep 30, 2020 | 44.28% |
| Jun 30, 2020 | 41.54% |
| Mar 31, 2020 | 45.06% |
| Dec 31, 2019 | 40.77% |
| Sep 30, 2019 | 40.61% |
| Jun 30, 2019 | 41.57% |
| Mar 31, 2019 | 42.15% |
| Dec 31, 2018 | 39.54% |
| Sep 30, 2018 | 41.65% |
| Jun 30, 2018 | 39.04% |
| Mar 31, 2018 | 32.89% |
| Dec 31, 2017 | 46.37% |