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Side-by-side financial comparison of ADTRAN Holdings, Inc. (ADTN) and STONERIDGE INC (SRI). Click either name above to swap in a different company.
ADTRAN Holdings, Inc. is the larger business by last-quarter revenue ($291.6M vs $205.2M, roughly 1.4× STONERIDGE INC). On growth, ADTRAN Holdings, Inc. posted the faster year-over-year revenue change (20.1% vs -6.0%). ADTRAN Holdings, Inc. produced more free cash flow last quarter ($30.6M vs $2.6M). Over the past eight quarters, ADTRAN Holdings, Inc.'s revenue compounded faster (13.5% CAGR vs -7.4%).
Adtran, Inc. is an American fiber networking and telecommunications company headquartered in Huntsville, Alabama. It is a vendor of both residential and enterprise networking equipment, along with administrative software for network management and deployment. Its customers include communications service providers, governments, enterprises and utilities.
Stoneridge Inc is a global designer and manufacturer of advanced electrical and electronic components, integrated systems, and sensor solutions. It serves automotive, commercial vehicle, off-highway, and aerospace sectors, delivering products that boost vehicle safety, efficiency, connectivity, and environmental performance across key global markets.
ADTN vs SRI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $291.6M | $205.2M |
| Net Profit | $-3.6M | — |
| Gross Margin | 39.0% | 16.2% |
| Operating Margin | 1.5% | -14.4% |
| Net Margin | -1.2% | — |
| Revenue YoY | 20.1% | -6.0% |
| Net Profit YoY | 92.2% | — |
| EPS (diluted) | $-0.02 | $-2.76 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $291.6M | $205.2M | ||
| Q3 25 | $279.4M | $210.3M | ||
| Q2 25 | $265.1M | $228.0M | ||
| Q1 25 | $247.7M | $217.9M | ||
| Q4 24 | $242.9M | $218.2M | ||
| Q3 24 | $227.7M | $213.8M | ||
| Q2 24 | $226.0M | $237.1M | ||
| Q1 24 | $226.2M | $239.2M |
| Q4 25 | $-3.6M | — | ||
| Q3 25 | $-10.3M | $-9.4M | ||
| Q2 25 | $-20.5M | $-9.4M | ||
| Q1 25 | $-11.3M | $-7.2M | ||
| Q4 24 | $-46.1M | — | ||
| Q3 24 | $-33.3M | $-7.1M | ||
| Q2 24 | $-49.7M | $2.8M | ||
| Q1 24 | $-330.8M | $-6.1M |
| Q4 25 | 39.0% | 16.2% | ||
| Q3 25 | 38.3% | 20.3% | ||
| Q2 25 | 37.3% | 21.5% | ||
| Q1 25 | 38.4% | 21.2% | ||
| Q4 24 | 36.9% | 19.5% | ||
| Q3 24 | 36.5% | 20.8% | ||
| Q2 24 | 36.0% | 22.7% | ||
| Q1 24 | 31.1% | 20.2% |
| Q4 25 | 1.5% | -14.4% | ||
| Q3 25 | -1.0% | -1.6% | ||
| Q2 25 | -5.0% | -1.1% | ||
| Q1 25 | -1.6% | -1.5% | ||
| Q4 24 | -6.9% | -2.0% | ||
| Q3 24 | -11.5% | 0.1% | ||
| Q2 24 | -17.0% | 1.4% | ||
| Q1 24 | -153.1% | 0.1% |
| Q4 25 | -1.2% | — | ||
| Q3 25 | -3.7% | -4.5% | ||
| Q2 25 | -7.7% | -4.1% | ||
| Q1 25 | -4.5% | -3.3% | ||
| Q4 24 | -19.0% | — | ||
| Q3 24 | -14.6% | -3.3% | ||
| Q2 24 | -22.0% | 1.2% | ||
| Q1 24 | -146.2% | -2.6% |
| Q4 25 | $-0.02 | $-2.76 | ||
| Q3 25 | $-0.12 | $-0.34 | ||
| Q2 25 | $-0.24 | $-0.34 | ||
| Q1 25 | $-0.14 | $-0.26 | ||
| Q4 24 | $-0.58 | $-0.22 | ||
| Q3 24 | $-0.38 | $-0.26 | ||
| Q2 24 | $-0.63 | $0.10 | ||
| Q1 24 | $-4.20 | $-0.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $95.7M | $66.3M |
| Total DebtLower is stronger | — | $180.9M |
| Stockholders' EquityBook value | $145.8M | $179.8M |
| Total Assets | $1.2B | $551.2M |
| Debt / EquityLower = less leverage | — | 1.01× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $95.7M | $66.3M | ||
| Q3 25 | $93.7M | $54.0M | ||
| Q2 25 | $106.3M | $49.8M | ||
| Q1 25 | $101.3M | $79.1M | ||
| Q4 24 | $76.0M | $71.8M | ||
| Q3 24 | $88.5M | $54.1M | ||
| Q2 24 | $111.2M | $42.1M | ||
| Q1 24 | $106.8M | $48.4M |
| Q4 25 | — | $180.9M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $201.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $145.8M | $179.8M | ||
| Q3 25 | $141.6M | $251.2M | ||
| Q2 25 | $169.6M | $260.5M | ||
| Q1 25 | $138.9M | $253.1M | ||
| Q4 24 | $127.0M | $245.3M | ||
| Q3 24 | $205.6M | $271.4M | ||
| Q2 24 | $213.6M | $270.5M | ||
| Q1 24 | $260.8M | $277.3M |
| Q4 25 | $1.2B | $551.2M | ||
| Q3 25 | $1.2B | $632.1M | ||
| Q2 25 | $1.2B | $639.4M | ||
| Q1 25 | $1.2B | $657.4M | ||
| Q4 24 | $1.2B | $621.6M | ||
| Q3 24 | $1.3B | $662.5M | ||
| Q2 24 | $1.3B | $666.7M | ||
| Q1 24 | $1.3B | $675.4M |
| Q4 25 | — | 1.01× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.82× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $42.2M | $8.8M |
| Free Cash FlowOCF − Capex | $30.6M | $2.6M |
| FCF MarginFCF / Revenue | 10.5% | 1.3% |
| Capex IntensityCapex / Revenue | 4.0% | 3.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $98.0M | $12.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $42.2M | $8.8M | ||
| Q3 25 | $12.2M | $3.6M | ||
| Q2 25 | $32.2M | $10.7M | ||
| Q1 25 | $43.2M | $10.9M | ||
| Q4 24 | $2.4M | $19.2M | ||
| Q3 24 | $43.3M | $10.8M | ||
| Q2 24 | $19.9M | $8.7M | ||
| Q1 24 | $37.9M | $9.1M |
| Q4 25 | $30.6M | $2.6M | ||
| Q3 25 | $4.2M | $-2.7M | ||
| Q2 25 | $27.5M | $7.4M | ||
| Q1 25 | $35.8M | $4.8M | ||
| Q4 24 | $-895.0K | $14.0M | ||
| Q3 24 | $37.1M | $4.6M | ||
| Q2 24 | $8.4M | $1.5M | ||
| Q1 24 | $24.4M | $3.3M |
| Q4 25 | 10.5% | 1.3% | ||
| Q3 25 | 1.5% | -1.3% | ||
| Q2 25 | 10.4% | 3.3% | ||
| Q1 25 | 14.4% | 2.2% | ||
| Q4 24 | -0.4% | 6.4% | ||
| Q3 24 | 16.3% | 2.2% | ||
| Q2 24 | 3.7% | 0.6% | ||
| Q1 24 | 10.8% | 1.4% |
| Q4 25 | 4.0% | 3.0% | ||
| Q3 25 | 2.9% | 3.0% | ||
| Q2 25 | 1.8% | 1.4% | ||
| Q1 25 | 3.0% | 2.8% | ||
| Q4 24 | 1.4% | 2.4% | ||
| Q3 24 | 2.7% | 2.9% | ||
| Q2 24 | 5.1% | 3.0% | ||
| Q1 24 | 6.0% | 2.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.11× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADTN
| Subscriber Solutions | $96.2M | 33% |
| Optical Networking Solutions | $81.8M | 28% |
| Access Aggregation Solutions | $64.6M | 22% |
| Services And Support | $48.9M | 17% |
SRI
| Control Devices | $51.7M | 25% |
| Electronics | $38.0M | 19% |
| EE | $34.2M | 17% |
| SE | $28.6M | 14% |
| NL | $24.5M | 12% |
| Stoneridge Brazil | $14.1M | 7% |
| Asia Pacific | $13.1M | 6% |
