Filing Flows › Adtran Holdings (ADTN) › Q1 2025
Adtran Holdings (ADTN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 20, 2025
Adtran Holdings (ADTN) reported revenue of $248M for the first quarter 2025 (Q1 2025), +10% from a year earlier and +2% from the quarter before. Operating margin was -1.6%, net loss $8.9M (3.6% of revenue).
Adtran Holdings, Q1 2025: revenue $248M (+10% year over year), operating margin -1.6%, net loss $8.9M, operating cash flow $43.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $248M | +2% | +10% |
| Operating profit | −$4.0M | — | — |
| Net earnings | −$8.9M | — | — |
| Operating cash flow | $43.2M | 18× | +14% |
| Free cash flow | $35.8M | — | +47% |
What changed
Revenue was $247.7M in Q1 2025, up 10% year over year and up 2% from the previous quarter.
Gross margin was 38.4%, up 7.3 points from a year earlier. Operating costs exceeded revenue by $4.0M, an operating margin of -1.6%. Operating expenses fell 76% while revenue rose 10%. The quarter ended with a net loss of $8.9M, narrower than the previous quarter's $43.7M loss. Net interest and other expense of $5.4M was the main reason.
Operating cash flow was $43.2M (up 14% year over year). Non-cash charges added back $21.6M of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items added $27.3M. Capital expenditures of $7.4M left free cash flow of $35.8M.
Questions
What was Adtran Holdings' revenue in the first quarter 2025?
Adtran Holdings (ADTN) reported revenue of $248M for the first quarter 2025 (Q1 2025), +10% from a year earlier and +2% from the quarter before.
Was Adtran Holdings profitable in the first quarter 2025?
Operating loss was $4.0M (-1.6% of revenue) and net loss $8.9M.
Source: Adtran Holdings 10-Q on SEC EDGAR.