ADTRAN Holdings (ADTN) Operating Expenses (2009 - 2023)
ADTRAN Holdings (ADTN) posted quarterly Operating Expenses of $137.2 million for Q2 2023, up 152.3% year-over-year from $54.4 million in Q2 2022, and up 152.3% quarter-over-quarter from $54.4 million in Q2 2022.
ADTRAN Holdings (ADTN) Operating Expenses (2009 - 2023) Analysis & Trends
ADTRAN Holdings (ADTN) has reported Operating Expenses for 15 consecutive years, with $137.2 million the latest figure, recorded in Q2 2023.
- In Q2 2023, Operating Expenses rose 152.3% year-over-year to $137.2 million; the TTM figure through Mar 2024 stood at $137.2 million (up 152.3% YoY), while the FY2024 annual figure was $40.5 million, up 82.3% from the prior year.
- Operating Expenses improved to $137.2 million in Q2 2023 per ADTN's latest filing, from $54.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $137.2 million in Q2 2023 and bottomed at $54.4 million in Q2 2022.
- Historically, Operating Expenses has averaged $64.2 million across 5 years, with a median of $58.7 million in 2021.
- Annual changes were most pronounced in 2020 — Operating Expenses slipped 15.42% — and 2023, when it surged 152.3%.
- ADTRAN Holdings' Operating Expenses stood at $61.3 million in 2019, then fell by 7.24% to $56.8 million in 2020, then advanced by 8.5% to $61.7 million in 2021, then fell by 11.84% to $54.4 million in 2022, then soared by 152.3% to $137.2 million in 2023.
- Business Quant data shows ADTN's Operating Expenses at $137.2 million in Q2 2023, $54.4 million in Q2 2022, and $54.4 million in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 6.12 Bn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 9.93 Bn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 756.00 Mn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 182.50 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | -1.02 Bn |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 453.68 Mn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 79.89 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | -1.95 Bn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | 329.10 Mn |
| 10 | ADTRAN Holdings | 682.04 Mn | 961.96 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 137.18 Mn |
| Jun 30, 2022 | 54.37 Mn |
| Mar 31, 2022 | 54.38 Mn |
| Dec 31, 2021 | 61.67 Mn |
| Sep 30, 2021 | 57.73 Mn |
| Jun 30, 2021 | 58.74 Mn |
| Mar 31, 2021 | 54.94 Mn |
| Dec 31, 2020 | 56.84 Mn |
| Sep 30, 2020 | 54.43 Mn |
| Jun 30, 2020 | 59.51 Mn |
| Mar 31, 2020 | 56.48 Mn |
| Dec 31, 2019 | 61.28 Mn |
| Sep 30, 2019 | 62.75 Mn |
| Jun 30, 2019 | 65.68 Mn |
| Mar 31, 2019 | 66.78 Mn |
| Dec 31, 2018 | 59.12 Mn |
| Sep 30, 2018 | 60.63 Mn |
| Jun 30, 2018 | 62.81 Mn |
| Mar 31, 2018 | 66.38 Mn |
| Dec 31, 2017 | 62.96 Mn |