Quarterly ResultAug 4, 2026, 08:51 AM
ADTRAN Q2 Revenue $281.1M; Net Loss Narrows to $10.9M
AI Summary
ADTRAN Holdings, Inc. reported improved financial results for the second quarter of 2026, with total revenue increasing to $281.1 million and net loss attributable to the company narrowing to $10.9 million, or $0.13 per share. For the six-month period, revenue also grew, and net loss significantly decreased. Additionally, the company secured a new five-year, $350 million credit agreement with J.P. Morgan Chase Bank, N.A. in July 2026, replacing its previous facility, though cash and operating cash flow saw declines.
Key Highlights
- Q2 2026 revenue rose to $281.1 million from $265.1 million in Q2 2025.
- Q2 2026 net loss attributable to ADTRAN Holdings, Inc. narrowed to $10.9 million.
- Q2 2026 basic loss per share improved to $(0.13) from $(0.24) year-over-year.
- Six-month 2026 revenue increased to $567.2 million from $512.8 million in 2025.
- Six-month 2026 net loss attributable to ADTRAN Holdings, Inc. narrowed to $12.2 million.
- Entered new $350 million credit agreement with J.P. Morgan Chase Bank on July 21, 2026.
- Cash and cash equivalents decreased to $79.2 million from $95.7 million since Dec 2025.
- Net cash from operations for six months was $38.6 million, down from $75.3 million.
Price Impact
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