ADTRAN Holdings (ADTN) Gross Margin (2009 - 2023)
ADTRAN Holdings (ADTN) reported 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 15 years of Gross Margin data on file, last reported at 28.27% in Q2 2023.
- Gross Margin for Q2 2023 came in at 28.27%, down 806.0% year-over-year; the trailing twelve-month figure through Jun 2023 was 32.65% (down 273.0% YoY), and the FY2022 annual result was 31.91%, down 688.0% from the prior year.
- Gross Margin declined to 28.27% in Q2 2023 per ADTN's latest filing, from 36.33% in the prior quarter.
- Over five years, Gross Margin peaked at 45.06% in Q1 2020 and troughed at 28.27% in Q2 2023.
- A 5-year average of 39.5% and a median of 41.13% in 2020 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2019 and 2021: Gross Margin surged 926 bps in 2019, then slumped 976 bps in 2021.
- A 5-year view of Gross Margin shows it stood at 40.77% in 2019, then advanced by 1 bps to 41.13% in 2020, then declined by 14 bps to 35.31% in 2021, then rose by 3 bps to 36.33% in 2022, then retreated 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 | 480.96 Bn | 464.32 Bn | 10.08 Bn | 63.63% |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 43.83% |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 50.18% |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 88.72% |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 44.16% |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 47.03% |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | -470.73% |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | 29.06% |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 49.63% |
| 10 | ADTRAN Holdings | 1.23 Bn | 1.51 Bn | - | - |
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% |