Aviat Networks, Inc. (AVNW) Financial Statements
Industry: Radio & Tv Broadcasting & Communications Equipment
In fiscal 2026, Aviat Networks reported revenue of $439.7M, up 1.2% from $434.6M the year before. Net income was $2.5M (a 0.6% net margin), or $0.19 per diluted share. Gross margin was 31.5% and operating margin was 4.4%. Operating activities generated $13.6M of cash, leaving $6.1M of free cash flow. At fiscal year end, Aviat Networks held $599.0M in total assets against $331.6M in total liabilities, including $72.8M of cash and equivalents.
Open the full interactive Aviat Networks financials → Quarterly statements, key ratios, valuation history and price charts.
Aviat Networks Key Stats
| Share Price | $20.40 |
|---|---|
| Market Cap | $265.8M |
| P/E Ratio | 107.4 |
| Revenue YoY Growth | +1.2% |
| 52-Week Range | $15.09 – $26.74 |
| Shares Outstanding | 12.8 million (basic, 2026 Q4) |
Aviat Networks Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $274.9M | $303.0M | $346.6M | $408.1M | $434.6M | $439.7M |
| Cost of Goods Sold | $172.3M | $193.7M | $222.4M | $263.4M | $295.2M | $301.4M |
| Gross Profit | $102.6M | $109.2M | $124.2M | $144.7M | $139.4M | $138.3M |
| Operating Income | $22.2M | $28.7M | $26.4M | $19.4M | $10.6M | $19.2M |
| Pre-Tax Income | $22.4M | $30.4M | $23.1M | $16.9M | $3.6M | $13.2M |
| Income Tax | -$87.7M | $9.3M | $11.6M | $6.1M | $2.2M | $10.7M |
| Net Income | $110.1M | $21.2M | $11.5M | $10.8M | $1.3M | $2.5M |
| Diluted EPS | $9.42 | $1.79 | $0.97 | $0.86 | $0.10 | $0.19 |
Aviat Networks Quarterly Results
| 2026 Q1 | 2026 Q2 | 2026 Q3 | 2026 Q4 | |
|---|---|---|---|---|
| Revenue | $107.3M | $111.5M | $100.0M | $120.9M |
| Net Income | $162,000 | $5.7M | -$2.1M | -$1.3M |
| Diluted EPS | $0.01 | $0.44 | -$0.16 | -$0.10 |
Aviat Networks Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $47.9M | $36.9M | $22.2M | $64.6M | $59.7M | $72.8M |
| Current Assets | $170.2M | $206.4M | $237.7M | $405.2M | $463.6M | $439.2M |
| Total Assets | $297.7M | $323.9M | $364.5M | $535.2M | $633.3M | $599.0M |
| Current Liabilities | $96.4M | $104.5M | $130.1M | $218.9M | $282.2M | $223.2M |
| Total Long-Term Debt | — | — | — | $48.4M | $87.6M | $97.0M |
| Total Liabilities | $114.3M | $122.2M | $144.4M | $279.3M | $370.1M | $331.6M |
| Shareholders' Equity | $183.3M | $201.8M | $220.1M | $255.9M | $263.2M | $267.4M |
Aviat Networks Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $17.3M | $2.8M | -$1.6M | $30.5M | $5.7M | $13.6M |
| Cash From Investing | -$2.8M | -$7.8M | -$11.9M | -$35.2M | -$28.5M | -$7.3M |
| Cash From Financing | -$8.0M | -$4.9M | -$681,000 | $48.7M | $18.7M | $6.3M |
| Free Cash Flow | $14.5M | $997,000 | -$7.0M | $27.9M | -$7.2M | $6.1M |
Figures from Aviat Networks' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Aviat Networks financials page for every line item.
Aviat Networks Company Profile
| Ticker | AVNW |
|---|---|
| Exchange | Nasdaq |
| Industry | Radio & Tv Broadcasting & Communications Equipment |
| Headquarters | Austin, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | June 30 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001377789 |
Frequently Asked Questions
What was Aviat Networks' revenue in fiscal 2026?
Aviat Networks (AVNW) reported revenue of $439.7M for fiscal 2026.
What is Aviat Networks' annual revenue history?
Aviat Networks' annual revenue by fiscal year: 2021: $274.9M; 2022: $303.0M; 2023: $346.6M; 2024: $408.1M; 2025: $434.6M; 2026: $439.7M.
What was Aviat Networks' net income in fiscal 2026?
Aviat Networks reported net income of $2.5M for fiscal 2026.
What was Aviat Networks' earnings per share (EPS) in fiscal 2026?
Aviat Networks' diluted EPS was $0.19 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Aviat Networks generate in fiscal 2026?
Aviat Networks generated $6.1M of free cash flow in fiscal 2026.
What was Aviat Networks' revenue last quarter?
In its most recent reported quarter (2026 Q4), Aviat Networks reported revenue of $120.9M.
How much debt does Aviat Networks have?
Aviat Networks reported $97.0M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Aviat Networks are outstanding?
Aviat Networks reported a weighted average of 12.8 million basic shares outstanding in 2026 Q4.
What is Aviat Networks' market cap?
Based on its latest closing price, Aviat Networks (AVNW) has a market capitalization of about $265.8M.
When does Aviat Networks' fiscal year end?
Aviat Networks' fiscal year end, as registered with the SEC, is June 30.
Where is Aviat Networks headquartered?
Aviat Networks lists its business address in Austin, Texas in its SEC filings.