ADTNADTRAN Holdings, Inc.
Telephone & Telegraph Apparatus
- Revenue
- $1.1B
- 17% YoY
- Operating margin
- -1.4%
- 97% YoY
- EBITDA
- $77M
- 123% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -0.7×
- −$55M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear5% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $563M | $1.0B | $1.1B | $923M | $1.1B | 17% |
| Operating income | −$15M | −$73M | −$224M | −$428M | −$16M | 96% |
| Net income | −$9M | −$2M | −$269M | −$460M | −$46M | 90% |
| Operating cash flow | $3M | −$44M | −$43M | $104M | $130M | 25% |
| Capex | $6M | $17M | $36M | $35M | $32M | 8.0% |
| Stock-based comp | $7M | $28M | $16M | $16M | $10M | 37% |
| Dividends | $18M | $23M | $21M | $0 | — |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.