Avnet's Q1 earnings surge on broadening component demand and margin gains, while tighter supply and rising working capital shape its fiscal 2027 outlook.
Avnet's revenue rebounded sharply to $10.7B in 2027Q1, up 81.7% year over year, yet gross margin remains compressed near 10.0% and net margin of 2.6% trails peers, suggesting limited pricing power in a structurally competitive distribution model.
Price trend, volume and key moving averages
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Revenue recovered to $10.7B with a 4.4% operating margin in 2027Q1, but gross margin held in a tight 10.0%-11.6% band across ten quarters, indicating limited operating leverage beyond volume gains.
Avnet reported significant year-over-year revenue and net income growth, with projections for continued expansion to $30.2 billion revenue and $905.3 million earnings by 2029.
Successful execution of margin initiatives could drive upside potential, contributing to earnings growth and stock price appreciation.
Continued stabilization in end-market demand is a key bullish driver, supporting revenue growth and improving growth visibility.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 4, 2026 | $3.63+26.0% vs $2.88 | $10.7B+16.2% vs $9.2B |
Q3 2026 Aug 5, 2026 | $2.28+26.7% vs $1.80 | $8.3B+9.8% vs $7.6B |
Q2 2026 Apr 29, 2026 | $1.48+11.3% vs $1.33 | $7.1B+10.3% vs $6.5B |
Q1 2026 Jan 28, 2026 | $1.05+10.5% vs $0.95 | $6.3B+4.5% vs $6.0B |
Avnet's Q1 earnings surge on broadening component demand and margin gains, while tighter supply and rising working capital shape its fiscal 2027 outlook.
AVT's Q1'27 earnings top estimates as record sales, strong demand and higher memory pricing fuel growth, with upbeat Q2 guidance signaling momentum.
Avnet, Inc. (AVT) Q1 2027 Earnings Call Transcript
Avnet NASDAQ: AVT reported record first-quarter fiscal 2027 sales and adjusted earnings, citing broad-based demand across regions and end markets, tighter supply conditions and operating leverage in its distribution businesses.
Benchmark AVT against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Avnet, Inc. (AVT)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $79.28 | $6.5B | 12.07 | 24.47% | 1.74% | 11.19% | 1.73% | |
| $181.09 | $9.26B | 9.16 | 10.49% | 2.62% | 14.68% | — | |
| $218.73 | $17.5B | 13.10 | 6.94% | 1.75% | 14.94% | 0.81% | |
| $292.68 | $14.25B | 18.25 | 7.76% | 3.04% | 15.22% | 0.61% | |
| $158.25 | $4.78B | 25.99 | -5.22% | 2.01% | 11.31% | — | |
| $157.00 | $20.06B | 17.96 | 6.79% | 4.48% | 42.94% | 1.58% |
Avnet, Inc. (AVT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Avnet, Inc. (AVT) SEC filings — annual & quarterly reports (10-K, 10-Q)
Nov 4, 2026·SEC
Oct 15, 2026·SEC
Aug 21, 2026·SEC
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Avnet, Inc. (AVT) stock FAQ — growth, dividends, profitability & financials explained
Avnet, Inc. (AVT) reported $32.45B in revenue over the trailing twelve months. Revenue was $27.63B in fiscal year 2026. That is 413% more than the $5.39B of fiscal year 1997.
Avnet, Inc. (AVT) grew revenue by 44.3% over the trailing twelve months, compared with the twelve months before.
Yes. Avnet, Inc. (AVT) earned $564.8M in net income over the trailing twelve months (a 1.7% net margin).
Yes. Avnet, Inc. (AVT) pays a dividend that yields 1.73% at the current price, a moderate yield.
Avnet, Inc. (AVT) had a return on equity (ROE) of 11.2% over the trailing twelve months. That is in line with the market's typical 10-15%.
Avnet, Inc. (AVT) had negative free cash flow of $1.05B over the trailing twelve months.