ADTRAN Holdings (ADTN) Invested Capital (2009 - 2026)
ADTRAN Holdings (ADTN) posted Invested Capital of $154.5 million for Q2 2026, down 57.1% from $359.79 million a year earlier and down 4.9% from the prior quarter.
ADTRAN Holdings (ADTN) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, ADTRAN Holdings' Invested Capital came in at $170.83 million, down 46.0% from FY2024.
- Annual Invested Capital has declined for three consecutive years, with a three-year compound annual growth rate of -51.1% (FY2022 to FY2025).
- In prior years, ADTRAN Holdings' Invested Capital was $316.53 million in FY2024 (-60.4%), $800.26 million in FY2023 (-45.2%) and $1.46 billion in FY2022.
- The Q2 2026 figure stands as the lowest quarterly Invested Capital in data going back to Q4 2009.
- On a year-over-year basis, Invested Capital has declined in each of the last 12 quarters, with an average decline of 45.8% over the last eight quarters.
- Over the past five years, the year-over-year decline in Invested Capital ranged from 10.9% (Q2 2025) to 60.4% (Q4 2024).
- According to Business Quant data, Invested Capital for the three prior quarters was $162.53 million (Q1 2026), $170.83 million (Q4 2025) and $166.61 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,825.63 Bn | 4,573.12 Bn | 54.77 Bn | 191.86 Bn |
| 2 | Cisco Systems | 429.17 Bn | 365.10 Bn | 11.06 Bn | 79.82 Bn |
| 3 | Dell Technologies | 346.69 Bn | 302.44 Bn | 9.83 Bn | 33.04 Bn |
| 4 | Sandisk | 261.00 Bn | 249.52 Bn | 7.58 Bn | 15.74 Bn |
| 5 | Arista Networks | 257.88 Bn | 211.33 Bn | 1.91 Bn | - |
| 6 | Seagate Technology Holdings | 214.45 Bn | 209.44 Bn | 1.90 Bn | 5.73 Bn |
| 7 | Western Digital | 166.98 Bn | 155.11 Bn | 2.03 Bn | 9.92 Bn |
| 8 | Sony | 144.46 Bn | 94.85 Bn | 6.53 Bn | 60.06 Bn |
| 9 | Lumentum Holdings | 92.66 Bn | 84.47 Bn | 477.30 Mn | 6.28 Bn |
| 10 | ADTRAN Holdings | 574.05 Mn | 568.78 Mn | - | 154.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 154.50 Mn |
| Mar 31, 2026 | 162.53 Mn |
| Dec 31, 2025 | 170.83 Mn |
| Sep 30, 2025 | 166.61 Mn |
| Jun 30, 2025 | 359.79 Mn |
| Mar 31, 2025 | 328.98 Mn |
| Dec 31, 2024 | 316.53 Mn |
| Sep 30, 2024 | 395.43 Mn |
| Jun 30, 2024 | 403.90 Mn |
| Mar 31, 2024 | 455.85 Mn |
| Dec 31, 2023 | 800.26 Mn |
| Sep 30, 2023 | 886.23 Mn |
| Jun 30, 2023 | 997.32 Mn |
| Mar 31, 2023 | 1.01 Bn |
| Dec 31, 2022 | 1.46 Bn |
| Sep 30, 2022 | 1.30 Bn |
| Dec 31, 2019 | 405.03 Mn |
| Sep 30, 2019 | 420.56 Mn |
| Jun 30, 2019 | 471.58 Mn |
| Mar 31, 2019 | 469.15 Mn |
ADTRAN Holdings Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=ADTN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "ADTN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=ADTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();