Avnet Inc (AVT) Financial Statements
Industry: Electronic Parts & Equipment (Other) (Wholesale)
In fiscal 2026, Avnet reported revenue of $27.63B, up 24.5% from $22.20B the year before. Net income was $334.4M (a 1.2% net margin), or $4.01 per diluted share. Gross margin was 10.4% and operating margin was 2.6%. Operating activities generated -$280.9M of cash, leaving -$354.5M of free cash flow. At fiscal year end, Avnet held $15.43B in total assets against $10.40B in total liabilities, including $155.4M of cash and equivalents.
Open the full interactive Avnet financials → Quarterly statements, key ratios, valuation history and price charts.
Avnet Key Stats
| Share Price | $99.60 |
|---|---|
| Market Cap | $8.31B |
| P/E Ratio | 24.8 |
| Revenue YoY Growth | +24.5% |
| 52-Week Range | $43.47 – $106.94 |
| Shares Outstanding | 82.2 million (basic, 2026 Q4) |
Avnet Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $19.53B | $24.31B | $26.54B | $23.76B | $22.20B | $27.63B |
| Gross Profit | $2.24B | $2.97B | $3.18B | $2.77B | $2.38B | $2.88B |
| Operating Income | $281.4M | $939.0M | $1.19B | $844.4M | $514.3M | $724.8M |
| Pre-Tax Income | $172.9M | $833.3M | $982.9M | $632.3M | $250.6M | $467.4M |
| Income Tax | -$20.2M | $141.0M | $212.0M | $133.6M | $10.4M | $133.0M |
| Net Income | $193.1M | $692.4M | $770.8M | $498.7M | $240.2M | $334.4M |
| Diluted EPS | $1.93 | $6.94 | $8.26 | $5.43 | $2.75 | $4.01 |
Avnet Quarterly Results
| 2026 Q1 | 2026 Q2 | 2026 Q3 | 2026 Q4 | |
|---|---|---|---|---|
| Revenue | $5.90B | $6.32B | $7.12B | $8.30B |
| Net Income | $51.7M | $61.7M | $94.3M | $126.6M |
| Diluted EPS | $0.61 | $0.75 | $1.14 | $1.52 |
Avnet Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $199.7M | $153.7M | $288.2M | $310.9M | $192.4M | $155.4M |
| Current Assets | $7.16B | $8.88B | $10.75B | $10.37B | $10.02B | $13.33B |
| Total Assets | $8.93B | $10.39B | $12.48B | $12.21B | $12.12B | $15.43B |
| Current Liabilities | $3.06B | $4.25B | $4.25B | $4.47B | $4.13B | $7.50B |
| Total Long-Term Debt | $1.19B | $1.44B | $2.99B | $2.41B | $2.57B | $2.48B |
| Total Liabilities | $4.84B | $6.20B | $7.73B | $7.28B | $7.11B | $10.40B |
| Shareholders' Equity | $4.08B | $4.19B | $4.75B | $4.93B | $5.01B | $5.02B |
Avnet Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $90.9M | -$219.3M | -$713.7M | $690.0M | $724.5M | -$280.9M |
| Cash From Investing | -$61.2M | $51.3M | -$211.6M | -$225.5M | -$137.1M | -$71.5M |
| Cash From Financing | -$314.0M | $156.1M | $1.05B | -$433.8M | -$693.5M | $315.9M |
| Free Cash Flow | $40.5M | -$268.2M | -$908.4M | $463.5M | $577.0M | -$354.5M |
Figures from Avnet's 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 Avnet financials page for every line item.
Avnet Company Profile
| Ticker | AVT |
|---|---|
| Exchange | Nasdaq |
| Industry | Electronic Parts & Equipment (Other) (Wholesale) |
| Headquarters | Tempe, Arizona |
| Incorporated in | New York |
| Fiscal Year End | July 3 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000008858 |
Frequently Asked Questions
What was Avnet's revenue in fiscal 2026?
Avnet (AVT) reported revenue of $27.63B for fiscal 2026.
What is Avnet's annual revenue history?
Avnet's annual revenue by fiscal year: 2021: $19.53B; 2022: $24.31B; 2023: $26.54B; 2024: $23.76B; 2025: $22.20B; 2026: $27.63B.
What was Avnet's net income in fiscal 2026?
Avnet reported net income of $334.4M for fiscal 2026.
What was Avnet's earnings per share (EPS) in fiscal 2026?
Avnet's diluted EPS was $4.01 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Avnet generate in fiscal 2026?
Avnet generated -$354.5M of free cash flow in fiscal 2026.
What was Avnet's revenue last quarter?
In its most recent reported quarter (2026 Q4), Avnet reported revenue of $8.30B.
How much debt does Avnet have?
Avnet reported $2.48B of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Avnet are outstanding?
Avnet reported a weighted average of 82.2 million basic shares outstanding in 2026 Q4.
What is Avnet's market cap?
Based on its latest closing price, Avnet (AVT) has a market capitalization of about $8.31B.
When does Avnet's fiscal year end?
Avnet's fiscal year end, as registered with the SEC, is July 3.
Where is Avnet headquartered?
Avnet lists its business address in Tempe, Arizona in its SEC filings.