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| 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% |