Subscriber Solutions was ADTRAN Holdings’s largest product and service line in fiscal 2022, bringing in $390.45M of $1.03B (38%).
| Product and Service | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Access & Aggregation | $348.87M | — | — | — | ||||||||||
| Access & Aggregation Solutions | — | $327.85M | $356.79M | $374.00M | ||||||||||
| Broadband Access (Included In Carrier Systems) | — | — | — | — | ||||||||||
| Optical Networking Solutions | — | — | — | $261.08M | ||||||||||
| Subscriber Solutions | — | $178.66M | $206.21M | $390.45M | ||||||||||
| Carrier Systems | — | — | — | — | ||||||||||
| Loop Access | — | — | — | — | ||||||||||
| Internetworking (Netvanta & Multi-Service Access Gateways) (Included In Business Networking) | — | — | — | — | ||||||||||
| Subscriber Solutions & Experience | $152.92M | — | — | — | ||||||||||
| Customer Devices | — | — | — | — | ||||||||||
| Business Networking | — | — | — | — | ||||||||||
| Hdsl (Does Not Include T1) (Included In Loop Access) | — | — | — | — | ||||||||||
| Optical (Included In Carrier Systems) | — | — | — | — | ||||||||||
| Traditional & Other Products | $28.27M | — | — | — | ||||||||||
| Other Products (Excluding Hdsl) | — | — | — | — | ||||||||||
| Total | $530.06M | $506.51M | $563.00M | $1.03B |
ADTRAN Holdings brought in $1.03B from its three product and service lines in fiscal 2022, the year ended December 31, 2022. ADTRAN Holdings regrouped these lines after fiscal 2021, so the total does not compare directly with that year's $563.00M. Subscriber Solutions was the largest at $390.45M (38.1%), ahead of Access & Aggregation Solutions at $374.00M (36.5%) and Optical Networking Solutions at $261.08M (25.5%).
Compared with fiscal 2021, Subscriber Solutions grew 89.3% to $390.45M and Access & Aggregation Solutions grew 4.8% to $374.00M.
ADTRAN Holdings began breaking out Access & Aggregation Solutions in fiscal 2020, Optical Networking Solutions in fiscal 2022 and Subscriber Solutions in fiscal 2020. ADTRAN Holdings stopped reporting Access & Aggregation ($348.87M in fiscal 2019), Subscriber Solutions & Experience ($152.92M in fiscal 2019) and Traditional & Other Products ($28.27M in fiscal 2019) as separate lines.
Network Solutions was ADTRAN Holdings’s largest segment in fiscal 2022, bringing in $916.79M of $1.03B (89%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Network Solutions | $455.23M | $438.02M | $498.83M | $916.79M | ||||||||||
| Carrier Networks | — | — | — | — | ||||||||||
| Hdsl (Does Not Include T1) (Included In Loop Access) | — | — | — | — | ||||||||||
| Broadband Access (Included In Carrier Systems) | — | — | — | — | ||||||||||
| Enterprise Networks | — | — | — | — | ||||||||||
| Internetworking (Netvanta & Multi-Service Access Gateways) (Included In Business Networking) | — | — | — | — | ||||||||||
| Services & Support | $74.84M | $68.50M | $64.17M | $108.74M | ||||||||||
| Other Products (Excluding Hdsl) | — | — | — | — | ||||||||||
| Optical (Included In Carrier Systems) | — | — | — | — | ||||||||||
| Total | $530.06M | $506.51M | $563.00M | $1.03B |
ADTRAN Holdings brought in $1.03B from its two segments in fiscal 2022, the year ended December 31, 2022. That was up 82.2% from $563.00M in fiscal 2021. Network Solutions was the largest at $916.79M (89.4%), ahead of Services & Support at $108.74M (10.6%).
Compared with fiscal 2021, Network Solutions grew 83.8% to $916.79M and Services & Support grew 69.5% to $108.74M. From fiscal 2019 to 2022, combined revenue from these segments grew from $530.06M to $1.03B, a compound annual growth rate of 24.6%. Network Solutions' share of the total rose from 85.9% to 89.4%.
United States was ADTRAN Holdings’s largest region in fiscal 2022, bringing in $517.43M of $1.03B (50%).
| Geography | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $300.85M | $352.08M | $374.60M | $517.43M | ||||||||
| Germany | $78.06M | $74.88M | $65.23M | $146.80M | ||||||||
| Other International | $57.78M | $65.75M | $66.82M | $171.62M | ||||||||
| United Kingdom | $2.57M | $13.80M | $56.36M | $189.69M | ||||||||
| Mexico | $90.80M | — | — | — | ||||||||
| Total | $530.06M | $506.51M | $563.00M | $1.03B |
ADTRAN Holdings brought in $1.03B from its four regions in fiscal 2022, the year ended December 31, 2022. That was up 82.2% from $563.00M in fiscal 2021. United States was the largest at $517.43M (50.5%), ahead of United Kingdom at $189.69M (18.5%) and Other International at $171.62M (16.7%). The remaining region, Germany, brought in $146.80M.
Compared with fiscal 2021, United Kingdom grew fastest, up 236.6% to $189.69M. Every region above 2% of revenue grew.
ADTRAN Holdings stopped reporting Mexico as a separate region after fiscal 2019, when it brought in $90.80M.
ADTRAN Holdings (ADTN) reports its revenue by product and service, by segment and by geography. In fiscal 2022, Subscriber Solutions was its largest product and service line, bringing in $390.45M (38.1% of the total), followed by Access & Aggregation Solutions at $374.00M (36.5%).
Subscriber Solutions was ADTRAN Holdings' largest product and service line in fiscal 2022, bringing in $390.45M, or 38.1% of the $1.03B total across its three product and service lines.
Network Solutions was ADTRAN Holdings' largest segment in fiscal 2022, bringing in $916.79M, or 89.4% of the $1.03B total across its two segments.
United States was ADTRAN Holdings' largest region in fiscal 2022, bringing in $517.43M, or 50.5% of the $1.03B total across its four regions.
Network Solutions grew faster than Services & Support in fiscal 2022, up 83.8% from $498.83M to $916.79M. Services & Support grew 69.5% to $108.74M.
Every figure comes from ADTRAN Holdings' annual financial filings, as reported. Each line keeps the name ADTRAN Holdings gives it, and years follow its fiscal calendar.
ADTRAN Holdings' revenue by product and service goes back to fiscal 2009, with figures through fiscal 2022. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.