For the year ending 2025-12-31, ADTN had $13,919K increase in cash & cash equivalents over the period. $98,030K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -36,243 |
| Depreciation and amortization | 92,546 |
| Amortization of revolving credit facility issuance costs | 1,351 |
| Amortization of convertible notes issuance costs | 441 |
| Gain on investments | 4,740 |
| Net loss on disposal of property, plant and equipment | -228 |
| Stock-based compensation expense | 10,062 |
| Deferred income taxes | -3,847 |
| Inventory reserves | -2,541 |
| Accounts receivable, net | 18,301 |
| Other receivables | -5,767 |
| Income taxes receivable | -2,034 |
| Inventory | -64,494 |
| Prepaid expenses, other current assets and other assets | -19,223 |
| Accounts payable | 17,982 |
| Accrued expenses and other liabilities | -17,967 |
| Income taxes payable | -722 |
| Net cash provided by (used in) operating activities | 129,767 |
| Purchases of property, plant and equipment | 31,737 |
| Purchases of intangibles - developed technology | 37,528 |
| Proceeds from sales and maturities of available-for-sale investments | 1,019 |
| Purchases of available-for-sale investments | 383 |
| (payments for) proceeds from beneficial interests in securitized accounts receivable | -539 |
| Net cash used in investing activities | -69,168 |
| Tax withholdings related to stock-based compensation settlements | 1,478 |
| Proceeds from stock option exercises | 1,829 |
| Proceeds from draw on revolving credit agreement | 49,000 |
| Repayment of revolving credit agreement | 214,000 |
| Redemption of redeemable non-controlling interest | 46,575 |
| Payment of annual recurring compensation to non-controlling interest | 10,053 |
| Payment of debt issuance cost | 9,003 |
| Proceeds from issuance of senior convertible notes | 201,250 |
| Payments for capped call transactions related to convertible senior notes | 17,650 |
| Net cash (used in) provided by financing activities | -46,680 |
| Net increase (decrease) in cash and cash equivalents | 13,919 |
| Effect of exchange rate changes | 5,756 |
| Cash and cash equivalents, beginning of year | 76,021 |
| Cash and cash equivalents, end of year | 95,696 |
ADTRAN Holdings, Inc. (ADTN)
ADTRAN Holdings, Inc. (ADTN)