ADTRAN (ADTN) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

ADTRAN Revenue Highlights

Latest Revenue (Y)

$1.15B

Latest Revenue (Q)

$227.70M

Main Segment (Y)

Contractual Maintenance Agreements, Contractual SaaS And Subscription Services, And Hardware Orders

Main Geography (Y)

UNITED STATES

ADTRAN Revenue by Period

ADTRAN Revenue by Year

Date	Revenue	Change
2023-12-31	$1.15B	12.05%
2022-12-31	$1.03B	82.15%
2021-12-31	$563.00M	11.15%
2020-12-31	$506.51M	-4.44%
2019-12-31	$530.06M	0.15%
2018-12-31	$529.28M	-20.60%
2017-12-31	$666.58M	4.68%
2016-12-31	$636.78M	6.12%
2015-12-31	$600.06M	-4.75%
2014-12-31	$630.01M	-1.83%
2013-12-31	$641.74M	3.40%
2012-12-31	$620.61M	-13.47%
2011-12-31	$717.23M	18.42%
2010-12-31	$605.67M	25.09%
2009-12-31	$484.19M	-3.29%
2008-12-31	$500.68M	5.01%
2007-12-31	$476.78M	0.86%
2006-12-31	$472.71M	-7.89%
2005-12-31	$513.22M	12.91%
2004-12-31	$454.52M	14.58%
2003-12-31	$396.68M	14.74%
2002-12-31	$345.73M	-10.68%
2001-12-31	$387.08M	-16.39%
2000-12-31	$462.95M	26.07%
1999-12-31	$367.21M	28.14%
1998-12-31	$286.56M	8.00%
1997-12-31	$265.33M	6.08%
1996-12-31	$250.12M	37.81%
1995-12-31	$181.50M	47.08%
1994-12-31	$123.40M	70.44%
1993-12-31	$72.40M	-

ADTRAN generated $1.15B in revenue during NA 2023, up 12.05% compared to the previous quarter, and up 217.11% compared to the same period a year ago.

ADTRAN Revenue by Quarter

Date	Revenue	Change
2024-09-30	$227.70M	0.76%
2024-06-30	$225.99M	-0.08%
2024-03-31	$226.17M	0.31%
2023-12-31	$225.48M	-17.20%
2023-09-30	$272.33M	-16.81%
2023-06-30	$327.38M	1.07%
2023-03-31	$323.91M	-9.59%
2022-12-31	$358.27M	5.15%
2022-09-30	$340.71M	98.04%
2022-06-30	$172.04M	11.34%
2022-03-31	$154.52M	0.23%
2021-12-31	$154.16M	11.64%
2021-09-30	$138.08M	-3.60%
2021-06-30	$143.23M	12.31%
2021-03-31	$127.53M	-1.99%
2020-12-31	$130.13M	-2.26%
2020-09-30	$133.14M	3.44%
2020-06-30	$128.72M	12.39%
2020-03-31	$114.52M	-1.09%
2019-12-31	$115.79M	1.49%
2019-09-30	$114.09M	-27.05%
2019-06-30	$156.39M	8.76%
2019-03-31	$143.79M	2.64%
2018-12-31	$140.09M	-0.18%
2018-09-30	$140.34M	9.60%
2018-06-30	$128.05M	5.99%
2018-03-31	$120.81M	-4.52%
2017-12-31	$126.52M	-31.65%
2017-09-30	$185.11M	0.24%
2017-06-30	$184.67M	8.45%
2017-03-31	$170.28M	4.47%
2016-12-31	$162.99M	-3.50%
2016-09-30	$168.89M	3.80%
2016-06-30	$162.70M	14.41%
2016-03-31	$142.20M	2.30%
2015-12-31	$139.01M	-12.06%
2015-09-30	$158.08M	-1.29%
2015-06-30	$160.14M	12.11%
2015-03-31	$142.84M	-0.80%
2014-12-31	$143.98M	-11.61%
2014-09-30	$162.89M	-7.52%
2014-06-30	$176.13M	19.81%
2014-03-31	$147.00M	-7.60%
2013-12-31	$159.09M	-10.32%
2013-09-30	$177.40M	9.35%
2013-06-30	$162.23M	13.44%
2013-03-31	$143.01M	2.33%
2012-12-31	$139.76M	-13.80%
2012-09-30	$162.13M	-11.89%
2012-06-30	$184.00M	36.56%
2012-03-31	$134.74M	-23.13%
2011-12-31	$175.29M	-8.80%
2011-09-30	$192.19M	4.32%
2011-06-30	$184.23M	11.30%
2011-03-31	$165.52M	0.12%
2010-12-31	$165.33M	1.46%
2010-09-30	$162.96M	8.38%
2010-06-30	$150.36M	18.37%
2010-03-31	$127.03M	2.25%
2009-12-31	$124.23M	-2.99%
2009-09-30	$128.06M	5.38%
2009-06-30	$121.53M	10.12%
2009-03-31	$110.36M	-1.82%
2008-12-31	$112.41M	-18.06%
2008-09-30	$137.19M	4.58%
2008-06-30	$131.18M	9.42%
2008-03-31	$119.89M	0.77%
2007-12-31	$118.97M	-

ADTRAN generated $227.70M in revenue during Q3 2024, up 0.76% compared to the previous quarter, and up 69.55% compared to the same period a year ago.

ADTRAN Revenue Breakdown

ADTRAN Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Contractual Maintenance Agreements, Contractual SaaS And Subscription Services, And Hardware Orders	$314.80M	$277.20M	$101.10M	-	-
Other Than Maintenance Services	-	-	-	$17.70M	$13.60M

ADTRAN's latest annual revenue breakdown by segment (product or service), as of Dec 23: Contractual Maintenance Agreements, Contractual SaaS And Subscription Services, And Hardware Orders (100.00%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Sep 22	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
Contractual Maintenance Agreements, Contractual SaaS And Subscription Services, And Hardware Orders	$280.80M	$346.90M	-	$314.00M	$369.30M	$389.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contractual Maintenance Agreements, Contractual SaaS and Subscription Services and Hardware Contracts	-	-	-	-	-	-	$276.50M	$164.50M	$133.10M	-	-	-	-	-	-	-	-	-	-	-
Access And Aggregations	-	-	-	-	-	-	-	$89.76M	$95.46M	$89.17M	$90.96M	$69.07M	$78.97M	$85.42M	$82.78M	$65.97M	$74.56M	$65.11M	$109.42M	$99.78M
Other Than Maintenance Services	-	-	-	-	-	-	-	-	-	$20.70M	$19.70M	$19.00M	$16.50M	$16.00M	$14.30M	-	-	-	-	-
Product	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$125.82M
Service	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$17.97M

ADTRAN's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Contractual Maintenance Agreements, Contractual SaaS And Subscription Services, And Hardware Orders (100.00%).

ADTRAN Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 20	Dec 19	Dec 18
GERMANY	$74.88M	$78.06M	$167.25M
UNITED STATES	$352.08M	$300.85M	$288.84M
MEXICO	$4.09M	$90.80M	-

ADTRAN's latest annual revenue breakdown by geography, as of Dec 20: UNITED STATES (81.68%), GERMANY (17.37%), and MEXICO (0.95%).

Quarterly Revenue by Country

Country	Sep 24	Mar 23	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
GERMANY	$27.27M	$14.86M	$10.92M	-	-	-	-	-	-	-	-	-	-	-	-
UNITED STATES	$102.53M	$105.75M	$99.05M	$91.87M	$94.66M	$86.48M	$95.79M	$92.84M	$84.46M	$78.99M	$69.89M	$83.14M	$75.29M	$72.53M	-
Contractual Maintenance Agreements, Contractual SaaS And Subscription Services, And Hardware Orders	-	$389.00M	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Us	-	-	-	-	$46.21M	$48.58M	$41.05M	$40.30M	$44.26M	$35.53M	$30.95M	$81.10M	$71.26M	-	-

ADTRAN's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (78.99%), and GERMANY (21.01%).

ADTRAN Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CMTL	Comtech Telecommunications	$1.11T	$128.08M
ADTN	ADTRAN	$1.15B	$227.70M
EXTR	Extreme Networks	$1.12B	$269.20M
NTGR	NETGEAR	$740.84M	$182.65M
TSAT	Telesat	$704.16M	$152.18M
KN	Knowles	$462.30M	$95.80M
DGII	Digi	$444.85M	$107.70M
AVNW	Aviat Networks	$408.08M	$88.43M
CRNT	Ceragon Networks	$347.18M	$88.50M
ITRN	Ituran Location and Control	$319.98M	$85.03M
CASA	Casa Systems	$286.54M	$62.09M
AUDC	AudioCodes	$244.38M	$60.08M
CMBM	Cambium Networks	$220.19M	$43.73M
KVHI	KVH Industries	$132.38M	$28.67M
MYNA	Mynaric	$5.39M	$962.00K

ADTN Revenue FAQ

What is ADTRAN’s yearly revenue?

ADTRAN's yearly revenue for 2023 was $1.15B, representing an increase of 12.05% compared to 2022. The company's yearly revenue for 2022 was $1.03B, representing an increase of 82.15% compared to 2021. ADTN's yearly revenue for 2021 was $563M, representing an increase of 11.15% compared to 2020.

What is ADTRAN’s quarterly revenue?

ADTRAN's quarterly revenue for Q3 2024 was $227.7M, a 0.76% increase from the previous quarter (Q2 2024), and a -16.39% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $225.99M, a -0.08% decrease from the previous quarter (Q1 2024), and a -30.97% decrease year-over-year (Q2 2023). ADTN's quarterly revenue for Q1 2024 was $226.17M, a 0.31% increase from the previous quarter (Q4 2023), and a -30.17% decrease year-over-year (Q1 2023).

What is ADTRAN’s revenue growth rate?

ADTRAN's revenue growth rate for the last 3 years (2021-2023) was 104.10%, and for the last 5 years (2019-2023) was 116.79%.

What are ADTRAN’s revenue streams?

ADTRAN's revenue streams in c 23 are Contractual Maintenance Agreements, Contractual SaaS And Subscription Services, And Hardware Orders

What is ADTRAN’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of ADTRAN was Contractual Maintenance Agreements, Contractual SaaS And Subscription Services, And Hardware Orders. This segment made a revenue of $314.8M, representing 100.00% of the company's total revenue.