ADTN · ADTRAN Holdings, Inc.

Track ADTN — free

$7.59 -0.14 (-1.75%)

Russell 2000 member Rebalance outlook locked

Market Cap

$629.04M

81.48M

Up next

Next earnings call

Nov 3, 2026 Est · unconfirmed · in 9 wks

FQ3-26 quarter ends

~Sep 30, 2026 Est

Latest filing: 10-Q

filed Aug 4, 2026

AI Brief

TL;DR.

Bullish

Bearish

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice

Overall

Sell

SellHoldBuy

Technical Sell Momentum Very Weak Sentiment Bullish Fundamentals Excellent Quant / Vol Very High

Market backdrop VIX 14.4 · calm Equity put/call 0.62

Technical

price trend

Sell

50 / 200-day cross No cross

Price vs 200-day avg −32%

below

Price vs 50-day avg −26%

below

RSI (14) 34

neutral

MACD trend Positive

52-week position 4%

near low

Volume (OBV) Confirms

volume backs price

Momentum

relative strength

Very Weak

1-month return −9%

trailing

6-month return −20%

trailing

YTD return −11%

this year

Relative strength −33%

vs S&P · 6-mo

Sentiment

smart money

Bullish

Trend (MA cross) No cross

50d $10 › 200d $11 — 200d above 50d

Institutional flow Accumulating

+8% holders QoQ · +52 funds added

Insider flow Accumulating

Net +$50.0K over 90 days · 0% sells

Short interest Rising

14.46% of float · ▲ +10.7% MoM · 4.6 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

248 holders — near 3-yr high, broad support

Squeeze score 61

elevated · 0–100

Fundamentals

Excellent

Revenue growth +17%

Y/Y

Gross margin 38%

expanding

EPS growth +91%

Y/Y

Free cash flow $98.0M

Balance sheet $49.2M

net cash

Quant / Vol

risk profile

Very High

Volatility 68%

annualized · 1-yr

Max drawdown −61%

past year

ATR 6.4%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

what management promised — and delivered

Beat or met 7 of last 8

Latest guidance · from the 8-K filed Aug 4, 2026

Revenue · third quarter of 2026 Maintained $275M – $295M

Jul 22, 2026 $275M – $295M Aug 4, 2026 $275M – $295M

prior qtr $281.15M midpoint +1.4% QoQ

Non-GAAP operating margin · third quarter of 2026 Non-GAAP Maintained 1.5% – 5.5%

Jul 22, 2026 1.5% – 5.5% Aug 4, 2026 1.5% – 5.5%

Prior guidance period ended · from the 8-K filed May 5, 2026

Revenue · second quarter of 2026 $283M – $303M

Non-GAAP operating margin · second quarter of 2026 5% – 9%

Guided vs delivered · last 8 settled

Revenue second quarter of 2026

guided $283M – $303M

guided $283M – $303M $281.15M Miss −4.0%

Revenue fourth quarter of 2025

guided $275M – $285M

guided $275M – $285M $291.56M Beat +4.1%

Revenue third quarter of 2025

guided $270M – $280M

guided $270M – $280M $279.44M In line

Revenue Q2 2025

guided $247.5M – $262.5M

guided $247.5M – $262.5M $265.07M Beat +3.9%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Sell

3 · 3 · 1

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

−32% Bearish

Price vs 50-day avg

−26% Bearish

RSI (14)

34 Neutral

MACD trend

Positive Bullish

52-week position

4% Bearish

Volume (OBV)

Confirms Neutral

Market signals — smart money & positioning

Bullish · 3 of 6

Trend (MA cross) No cross

50d $10 › 200d $11 — 200d above 50d

Institutional flow Accumulating

+8% holders QoQ · +52 funds added

Insider flow Accumulating

Net +$50.0K over 90 days · 0% sells

Short interest Rising

14.46% of float · ▲ +10.7% MoM · 4.6 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

248 holders — near 3-yr high, broad support

Price context

position in its 52-week range

Range low $7 Now $8 · 4% Range high $19

vs 200-day avg -32% vs 50-day avg -26%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings

Metric	Latest	Period	YoY
DPO	65	Q2 26	—
DSO	67	Q2 26	—
Enterprise / ICP share of revenue	25.4%	Q2 2026	—
five largest customers comprised percentage of revenue	28.8%	the second quarter of 2026 filing	—
Free cash flow non-GAAP	5.41M	Six Months Ended June 30, 2026	—

International revenue year-over-year increase	1.4%	the three months ended June 30, 2026 filing	—
Net working capital	$245M	Q2 26	—
Non-GAAP Earnings per common share attributable to ADTRAN - diluted non-GAAP	$0.04	Three Months Ended June 30, 2026	—
Non-GAAP free cash flow non-GAAP	$9M	Q2 26	—
Non-GAAP Gross Margin non-GAAP	41.9%	Six Months Ended June 30, 2026	—

Non-GAAP gross margin percent of revenue non-GAAP	40.7%	Q2'26	—
Non-GAAP Gross Profit non-GAAP	$237.67M	Six Months Ended June 30, 2026	—

Non-GAAP Net Income attributable to ADTRAN Holdings, Inc. non-GAAP	2.83M	Three Months Ended June 30, 2026	—

Non-GAAP Net Income inclusive of non-controlling interest non-GAAP	5.03M	Three Months Ended June 30, 2026	—

Non-GAAP Operating Expenses non-GAAP	$207.19M	Six Months Ended June 30, 2026	—

Non-GAAP Operating Income non-GAAP	$30.48M	Six Months Ended June 30, 2026	—

Non-GAAP operating margin non-GAAP	3.8%	Q2'26	—

U.S. revenue year-over-year increase	11.7%	the three months ended June 30, 2026 filing	—
End-of-quarter cash	$96M	Q4 2025	—
Net working capital change q-o-q	$46M	Q4 2025	—
Non-GAAP diluted EPS non-GAAP	$0.16	Q4 2025	—
Non-GAAP Earnings per common share - basic non-GAAP	$0.23	Twelve Months Ended December 31, 2025	—
Non-GAAP Earnings per common share - diluted non-GAAP	$0.23	Twelve Months Ended December 31, 2025	—
Non-GAAP Net Income attributable to ADTRAN Holdings, Inc. common stockholders non-GAAP	$18.32M	Twelve Months Ended December 31, 2025	—
Non-GAAP Other Expense non-GAAP	-$18.54M	Twelve Months Ended December 31, 2025	—
GAAP → non-GAAP reconciliation GAAP Total Other Expense -15.65M -2.93M Deferred compensation adjustments +47K Pension expense = Non-GAAP Other Expense -18.54M

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Communication Equipment — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
ADTN ADTRAN Holdings, Inc. this stock	$629.04M	-11.2%	+17.5%	—	14.5%
CSCO Cisco Systems, Inc.	$433.28B	+42.7%	+2.8%	36.5	1.5%
MSI Motorola Solutions, Inc.	$80.43B	+26.8%	+5.7%	38.3	1.9%
LITE Lumentum Holdings Inc.	$80.28B	+142.8%	+24.6%	—	8.1%
HPE Hewlett Packard Enterprise Co	$69.27B	+117.8%	+13.8%	48.0	4.5%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Accumulating

Holders

248

% held: 104.1%
Net QoQ: +6.0M sh
Top holder: BlackRock, Inc.

Held Float

View

Held by Funds

Fund positions

228

View

Short & Settlement

Short Interest Rising

Shares short

11.8M

Days to cover: 4.6d
Change: +1.1M sh

View

Short Volume

Short vol %

43%

As of: Aug 28, 2026

Short Total

View

Fails to Deliver

FTD shares

Value: $528
As of: Aug 3, 2026

View

Off-Exchange

Off-exchange %

44.8%

Week of: Jul 27, 2026

Off-exch Lit

View

Smart Money

Insider Trades Net buying

Net (90d)

+$50.0K

Buyers / Sellers: 1 / 0

Buyers Sellers

View

Financials

Revenue (FY)

$1.1B

Net income (FY): $-45.7M
EPS diluted: $-0.52

View

Buybacks

Authorized

shares 0

View

Filings

SEC Filings

Latest

8-K

Filed: Aug 10, 2026
This year: 14

View

Proposed Sales

Value

$137.4K

Shares: 9.3K
Filed: May 20, 2026

View

Earnings & Events

Earnings Calls

Last call

Aug 4, 2026

View

Investor Relations

Performance

	5D	20D	120D	MTD	YTD
ADTN	-0.6%	-9.3%	-19.8%	-9.3%	-11.2%
SPY	+0.5%	+3.0%	+13.4%	+3.0%	+12.8%
vs SPY	-1.1%	-12.3%	-33.2%	-12.3%	-24.0%

Capital returns

Latest dividend

$0.09 / share · ex Aug 18, 2023

Paid (TTM)

$0.00 / share · 0 payouts

Dividend yield (TTM, derived)

— · no payout in the trailing year

Buyback program · as of Sep 30, 2022

Authorized

shares 0

Spent (derived)

—

Remaining

—

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 926282 CUSIP 00486H105 13F (30d) 222 filings 218 filers Visit website Investor relations

ADTN · ADTRAN Holdings, Inc.

Price & Indicators

Up next

AI Brief

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance

Capital returns