ADTRAN Holdings, Inc. ADTN NASDAQ

NASDAQ Global Select • Technology • Communication Equipment • US • USD

SharesGrow Score

28/100

0/7 Pass

SharesGrow Intrinsic Value

Income Statement Balance Sheet Cash Flow Statement

Annual Quarterly

ADTRAN Holdings, Inc. (ADTN) generated $129.77M in operating cash flow for fiscal year 2025. After capital expenditures of $31.74M, free cash flow was $98.03M.

Free cash flow margin was 9% of revenue. Cash conversion ratio was -30896.9x, suggesting some earnings are non-cash.

Criteria supported by this page:

HEALTH (33/100, Fail) — weak cash flow raises concerns about debt servicing
MOAT (60/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
INCOME (10/100) — Cash conversion ratio was -30896.9x suggests some earnings are non-cash items

Overall SharesGrow Score: 28/100 with 0/7 criteria passed.

SharesGrow 7-Criteria Score

28/100

SG Score

View full scorecard →

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VALUE

35/100

Price-to-Earnings & upside

→ Valuation

✗

FUTURE

26/100

Analyst consensus

→ Forecast

✗

PAST

0/100

→ Income

✗

HEALTH

33/100

Debt-to-Equity & liquidity

Proven by this page

MOAT

60/100

Proven by this page

✗

GROWTH

30/100

→ Income

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INCOME

10/100

→ Income

ADTRAN Holdings, Inc. Cash Flow History

Metric	TTM	FY2025	FY2024	FY2023	FY2022
Operating Cash Flow	$123.18M	$129.77M	$103.07M	$-45.6M	$-44.23M
Capital Expenditure	$-45.67M	$-31.74M	$-32.45M	$-43.12M	$-17.07M
Free Cash Flow	$77.52M	$98.03M	$70.62M	$-88.73M	$-61.3M