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-over-year from 4.0% in Q2 2022, and down 22.19% quarter-over-quarter from 36.33% in Q2 2022.
Analysis
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.
- 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 was 28.27% for Q2 2023 at ADTRAN Holdings, down 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.
- Across the five-year window, Gross Margin jumped 926 bps in 2019 and tumbled 976 bps in 2021, its largest moves.
- Over 5 years, Gross Margin stood at 40.77% in 2019, then gained by 1 bps to 41.13% in 2020, then dropped by 14 bps to 35.31% in 2021, then increased by 3 bps to 36.33% in 2022, then fell by 22 bps to 28.27% in 2023.
- The last three Gross Margin figures came in at 28.27% (Q2 2023), 36.33% (Q2 2022), and 35.15% (Q1 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn | 64.13% |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn | 45.43% |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn | 45.80% |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn | 45.78% |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn | 27.72% |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn | 39.76% |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn | 62.17% |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 64.85% |
| 9 | Nextnav | 2.54 Bn | 2.54 Bn | -905,000.00 | -78.70% |
| 10 | ADTRAN Holdings | 576.48 Mn | 856.41 Mn | - | - |
Historic Data
Download Data
Historic 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% |