ADTRAN publishes transcript of Q2 2026 earnings call
ADTN•Q3 outlook
For Q3, ADTRAN guided revenue to $275 million-$295 million and non-GAAP operating margin to 1.5%-5.5%.
Management said no near-term rebound is expected at the delayed customer.
Margins and segment performance
Non-GAAP gross margin fell to 40.7% from 43% in Q1. Non-GAAP operating margin was 3.8% on $10.6 million operating income.
Optical revenue rose 22% to $109.7 million. Enterprise, government and cloud revenue rose 47% to 25% of total, driven by 97% hyperscaler growth.
Q2 earnings call transcript posted
ADTRAN posted the transcript of its Q2 2026 earnings call attended by CEO Thomas Stanton, CFO Timothy Santo, Evercore, Needham, Wolfe, Tieton, B. Riley, Northland and Rosenblatt.
Revenue was $281.1 million. Management blamed a project delay at one customer, product and customer mix, and supply constraints that limited higher-margin shipments.
