AVIAT NETWORKS, INC. AVNW
Nasdaq · stock · Radio & Tv Broadcasting & Communications Equipment · website · IPO 1987-05-19 · LEI
AVIAT NETWORKS, INC. financials (annual)
Bars are annual figures from 2017 to 2026; red bars are negative (a loss or cash outflow).
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $439.7M | $434.6M | $408.1M | $344.4M | $303.0M | $274.9M | $238.6M | $243.9M | $242.5M | $241.9M |
| Gross profit | $138.3M | $139.4M | $144.7M | $122.4M | $109.2M | $102.6M | $84.7M | $79.3M | $80.5M | $75.5M |
| R&D expense | $28.4M | $35.8M | $36.4M | $24.9M | $22.6M | $21.8M | $19.3M | $21.1M | $19.8M | $18.7M |
| SG&A expense | $88.5M | $89.5M | $85.0M | $69.8M | $57.7M | $56.3M | $58.0M | $56.1M | $58.2M | $57.2M |
| Operating income | $19.2M | $10.6M | $19.4M | $24.6M | $28.7M | $22.2M | $3.4M | $1.4M | $1.3M | -$985,000 |
| Interest expense | — | — | — | — | — | $0 | $54,000 | $102,000 | $29,000 | $50,000 |
| Income tax | $10.7M | $2.2M | $6.1M | $11.1M | $9.3M | -$87.7M | $3.5M | -$8.2M | -$1.0M | $16,000 |
| Net income | $2.5M | $1.3M | $10.8M | $10.2M | $21.2M | $110.1M | $257,000 | $9.7M | $1.8M | -$823,000 |
| EPS (diluted) | $0.19 | $0.10 | $0.86 | $0.86 | $1.79 | $9.42 | $0.02 | $0.87 | $0.17 | $-0.08 |
| Operating cash flow | $13.6M | $5.7M | $30.5M | -$1.6M | $2.8M | $17.3M | $17.5M | $2.9M | $8.2M | $9.4M |
| Free cash flow | $6.1M | -$7.2M | $27.9M | -$7.0M | $997,000 | $14.5M | $12.9M | -$2.3M | $1.6M | $5.4M |
| Cash & equivalents | $72.8M | $59.7M | $64.6M | $22.2M | $36.9M | $47.9M | $41.6M | $31.9M | $37.4M | $35.7M |
| Inventory | — | — | — | — | — | — | — | $8.6M | $21.3M | $21.8M |
| Total assets | $599.0M | $633.3M | $535.2M | $363.1M | $323.9M | $297.7M | $179.8M | $169.2M | $156.1M | $152.6M |
| Total liabilities | $331.6M | $370.1M | $279.3M | $144.4M | $122.2M | $114.3M | $111.1M | $97.7M | $98.5M | $98.2M |
| Shareholders' equity | $267.4M | $263.2M | $255.9M | $218.7M | $201.8M | $183.3M | $68.7M | $71.5M | $57.5M | $54.3M |
Growth · year-over-year · Revenue CAGR 6.9%
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +1.2% | +6.5% | +18.5% | +13.7% | +10.2% | +15.2% | -2.1% | +0.6% | +0.3% | -10.0% |
| Net income growth | +89.3% | -87.5% | +5.8% | -51.9% | -80.8% | +42755.6% | -97.4% | +427.8% | — | — |
| EPS growth | +90.0% | -88.4% | +0.0% | -52.0% | -81.0% | +47000.0% | -97.7% | +427.3% | — | — |
| Free cash flow growth | — | -126.0% | — | -800.0% | -93.1% | +12.2% | — | -239.9% | -69.4% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2026-07-03. Facts plus Stocktoria's own computed scores — not investment advice.