ADTRAN Holdings (ADTN) Gross Margin (2009 - 2023)

ADTRAN Holdings (ADTN) posted quarterly Gross Margin of 28.27% for Q2 2023, down 806.0% year-over-year from 4.0% in Q2 2022, and down 22.19% quarter-over-quarter from 36.33% in Q2 2022.

ADTRAN Holdings (ADTN) Gross Margin (2009 - 2023) Analysis & Trends

ADTRAN Holdings (ADTN) has reported Gross Margin for 15 consecutive years, with 28.27% the latest figure, recorded in Q2 2023.

  • In Q2 2023, Gross Margin fell 806.0% year-over-year to 28.27%; the TTM figure through Jun 2023 stood at 32.65% (down 273.0% YoY), while the FY2022 annual figure was 31.91%, down 688.0% from the prior year.
  • Gross Margin slipped to 28.27% in Q2 2023 per ADTN's latest filing, from 36.33% in the prior quarter.
  • Across five years, Gross Margin topped out at 45.06% in Q1 2020 and bottomed at 28.27% in Q2 2023.
  • Historically, Gross Margin has averaged 39.5% across 5 years, with a median of 41.13% in 2020.
  • Annual changes were most pronounced in 2019 — Gross Margin surged 926 bps — and 2021, when it slumped 976 bps.
  • ADTRAN Holdings' Gross Margin stood at 40.77% in 2019, then climbed by 1 bps to 41.13% in 2020, then fell by 14 bps to 35.31% in 2021, then gained by 3 bps to 36.33% in 2022, then decreased by 22 bps to 28.27% in 2023.
  • Business Quant data shows ADTN's Gross Margin at 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 440.02 Bn 423.38 Bn 10.08 Bn 63.63%
2 Hewlett Packard Enterprise 77.69 Bn 72.40 Bn 3.94 Bn 36.87%
3 Motorola Solutions 77.25 Bn 76.56 Bn 1.68 Bn 53.56%
4 Lumentum Holdings 66.40 Bn 63.23 Bn 357.00 Mn 44.16%
5 Nokia 61.84 Bn 54.37 Bn 10.09 Bn 144,416.67%
6 Ciena 60.71 Bn 59.51 Bn 691.55 Mn 44.03%
7 Ubiquiti 34.65 Bn 34.28 Bn 370.71 Mn 47.03%
8 Ericsson Lm Telephone 34.62 Bn 28.92 Bn 2.58 Bn 45.78%
9 AST SpaceMobile 27.62 Bn 28.12 Bn 9.12 Mn 28.93%
10 ADTRAN Holdings 682.04 Mn 961.96 Mn - -

Historic Data

Download Data
DateValue
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%