ADTRAN Holdings (ADTN) Operating Expenses (2009 - 2023)
ADTRAN Holdings' (ADTN) quarterly Operating Expenses came in at $137.2 million in 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.
Analysis
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.
- On a quarterly basis, Operating Expenses rose 152.3% year-over-year to $137.2 million in Q2 2023; TTM through Jun 2023 was $307.6 million, a 34.82% increase from a year earlier, with the FY2024 full-year figure at $40.5 million, up 82.3% from the prior year.
- Operating Expenses was $137.2 million for Q2 2023 at ADTRAN Holdings, up from $54.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $137.2 million in Q2 2023 and troughed at $54.4 million in Q2 2022.
- A 5-year average of $64.2 million and a median of $58.7 million in 2021 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses decreased 15.42% in 2020 and jumped 152.3% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $61.3 million in 2019, then fell by 7.22% to $56.9 million in 2020, then increased by 8.54% to $61.7 million in 2021, then declined by 11.89% to $54.4 million in 2022, then jumped by 152.3% to $137.2 million in 2023.
- The last three Operating Expenses figures came in at $137.2 million (Q2 2023), $54.4 million (Q2 2022), and $54.4 million (Q1 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn | 6.80 Bn |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn | 458.09 Mn |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn | 89.26 Mn |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn | -1.95 Bn |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn | 77.93 Mn |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn | 128.39 Mn |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn | 189.42 Mn |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 67.03 Mn |
| 9 | Nextnav | 2.54 Bn | 2.54 Bn | -905,000.00 | 21.40 Mn |
| 10 | ADTRAN Holdings | 576.48 Mn | 856.41 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 137.18 Mn |
| Jun 30, 2022 | 54.37 Mn |
| Mar 31, 2022 | 54.38 Mn |
| Dec 31, 2021 | 61.71 Mn |
| Sep 30, 2021 | 57.73 Mn |
| Jun 30, 2021 | 58.74 Mn |
| Mar 31, 2021 | 54.94 Mn |
| Dec 31, 2020 | 56.85 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 | 59.17 Mn |
| Sep 30, 2018 | 60.63 Mn |
| Jun 30, 2018 | 62.81 Mn |
| Mar 31, 2018 | 66.38 Mn |
| Dec 31, 2017 | 63.00 Mn |