ADTRAN Holdings (ADTN) Operating Income (2009 - 2023)
ADTRAN Holdings (ADTN) posted quarterly Operating Income of -$44.6 million for Q2 2023, down 648.73% year-over-year from $8.1 million in Q2 2022, and down 648.73% quarter-over-quarter from $8.1 million in Q2 2022.
ADTRAN Holdings (ADTN) Operating Income (2009 - 2023) Analysis & Trends
ADTRAN Holdings (ADTN) has reported Operating Income for 15 consecutive years, with -$44.6 million the latest figure, recorded in Q2 2023.
- In Q2 2023, Operating Income fell 648.73% year-over-year to -$44.6 million; the TTM figure through Jun 2023 stood at -$43.8 million (down 374.5% YoY), while the FY2022 annual figure was -$72.8 million, down 395.42% from the prior year.
- Operating Income retreated to -$44.6 million in Q2 2023 per ADTN's latest filing, from $8.1 million in the prior quarter.
- Across five years, Operating Income topped out at $8.1 million in Q2 2022 and bottomed at -$44.6 million in Q2 2023.
- Historically, Operating Income has averaged -$6.7 million across 5 years, with a median of -$4.9 million in 2020.
- Annual changes were most pronounced in 2020 — Operating Income slumped 1174.56% — and 2021, when it surged 165.09%.
- ADTRAN Holdings' Operating Income stood at -$14.1 million in 2019, then soared by 76.38% to -$3.3 million in 2020, then plunged by 117.75% to -$7.2 million in 2021, then soared by 212.37% to $8.1 million in 2022, then plunged by 648.73% to -$44.6 million in 2023.
- Business Quant data shows ADTN's Operating Income at -$44.6 million in Q2 2023, $8.1 million in Q2 2022, and -$68000.0 in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 3.96 Bn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 747.00 Mn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 809.00 Mn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 174.50 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | -161.80 Mn |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 237.87 Mn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 290.82 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 632.32 Mn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | -319.98 Mn |
| 10 | ADTRAN Holdings | 682.04 Mn | 961.96 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -44.63 Mn |
| Jun 30, 2022 | 8.13 Mn |
| Mar 31, 2022 | -68,000.00 |
| Dec 31, 2021 | -7.24 Mn |
| Sep 30, 2021 | -10.06 Mn |
| Jun 30, 2021 | 3.93 Mn |
| Mar 31, 2021 | -1.34 Mn |
| Dec 31, 2020 | -3.32 Mn |
| Sep 30, 2020 | 4.53 Mn |
| Jun 30, 2020 | -6.04 Mn |
| Mar 31, 2020 | -4.94 Mn |
| Dec 31, 2019 | -14.07 Mn |
| Sep 30, 2019 | -20.29 Mn |
| Jun 30, 2019 | 562,000.00 |
| Mar 31, 2019 | -6.17 Mn |
| Dec 31, 2018 | -3.78 Mn |
| Sep 30, 2018 | -2.18 Mn |
| Jun 30, 2018 | -12.81 Mn |
| Mar 31, 2018 | -26.65 Mn |
| Dec 31, 2017 | -4.15 Mn |