ADTRAN Holdings, Inc. Reports Q2 2026 Financial Results

ADTRAN Holdings, Inc. announced its financial results for Q2 2026, ending June 30, with revenue at $281.1 million, marking a 6.1% year-over-year increase. The company's GAAP gross margin is 37%, while the non-GAAP gross margin stands at 40.7%. The GAAP operating margin shows a loss of 3.6%, contrasting with a non-GAAP operating margin gain of 3.8%.

Cash flow from operations was $25.9 million, and cash equivalents totaled $79.2 million. The GAAP diluted loss per share was $0.13, whereas non-GAAP diluted earnings reached $0.04 per share. CEO Tom Stanton highlighted strong demand, notably in Optical Networking Solutions, despite facing short-term challenges.

Revenue for Q3 is projected between $275 million and $295 million, with non-GAAP operating margins anticipated to range from 1.5% to 5.5%. Stanton emphasized ADTRAN's continued focus on strategic priorities and its confidence in delivering long-term shareholder value.