ADTRAN Holdings, Inc. reports second quarter 2025 financial results

　　ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” “ADTRAN” or the “Company”) today announced its unaudited financial results for the second quarter ended June 30, 2025.

　　Revenue: $265.1 million, higher by 17% year-over-year.

　　Gross margin: GAAP gross margin: 37.3%; non-GAAP gross margin: 41.4%.

　　Operating margin: GAAP operating margin (5.0)%, non-GAAP operating margin 3.0%.

　　Net cash provided by operating activities of $32.2 million.

　　Cash and cash equivalents of $106.3 million, an increase of $5.0 million sequentially.

　　ADTRAN Holdings Chairman and Chief executive Officer Tom Stanton stated, “We delivered strong second quarter results with revenue growth that exceeded expectations, reflecting solid execution across our business and increasing demand. We experienced growth across all major revenue categories and gained market share in key areas. We also continued to strengthen our balance sheet with solid cash generation. These results underscore the impact of our strategic product investments and the trust customers are placing in Adtran to help them evolve and scale their networks to meet the demands of cloud, AI, and edge computing.”

　　Mr. Stanton added, “Looking forward, our bookings and pipeline reinforce our confidence in continued gains in profitability and cash flow. With a clear strategy, global reach, and investment in next-generation network architectures, Adtran remains well-positioned.”

　　For the third quarter of 2025, the Company expects revenue to be within a range of $270.0 million to $280.0 million. Non-GAAP operating margin is expected to be within a range of 3.0% to 7.0%.