ADTRAN Holdings reported second-quarter 2026 results with revenue rising to $281.1M and an attributable net loss of $(10.9)M, an improvement from the year-ago period as loss per share narrowed to $(0.13).
Financial Highlights
- Revenue was $281.1M for Q2 2026, up from $265.1M in the year-ago quarter; YoY change 6.1%.
- Net income was a loss attributable to ADTRAN Holdings, Inc. of $(10.9)M for Q2 2026, improved from a loss of $(20.5)M in the year-ago quarter.
- Diluted EPS was a loss of $(0.13) for Q2 2026, compared with a loss of $(0.24) in the year-ago quarter.
Business Highlights
- Revenue growth: Q2 revenue increased 6.1% year-over-year; first-half revenue rose 10.6% driven by higher sales volume and broadband expansion.
- Channel and market shift: Strength from vendor consolidation and displacement of high-risk vendors notably boosted Optical Networking sales.
- Brand momentum: Broad-based demand across the U.S. and Europe; the five largest customers accounted for 28.8% of revenue, with no single customer exceeding 10%.
- Operational execution: Improved margins and disciplined expense control, and higher inventory turns (2.8 to 3.4) to support order fulfillment.
- Product & R&D focus: Continued investment in fiber-to-home, multi-Gig Wi‑Fi 7, Carrier Ethernet and Mosaic One SaaS with AI operations.
Original SEC Filing:
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