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Aviat Networks, Inc.(AVNW)Earnings, Financials & Key Ratios
AVNW•NASDAQ
$16.47
$213M mkt cap·164.7× P/E·Price updated May 6, 2026
AboutAviat Networks, Inc. provides wireless transport solutions worldwide. It offers a comprehensive suite of products and localized professional and support services enabling customers to simplify their networks and lives. The company's products and solutions include wireless transmission systems for microwave and millimeter wave networking applications. It serves communications service providers and private network operators, including state/local government, utility, federal government, and defense organizations. The company markets its products through a direct sales, service, and support organization; indirect sales channels comprising dealers, resellers, and sales representatives; and through online. Aviat Networks, Inc. was incorporated in 2006 and is headquartered in Austin, Texas.Show more
- Revenue$435M+6.5%
- EBITDA-$3M+82.4%
- Net Income$1M-87.5%
- EPS (Diluted)0.10-88.4%
- Gross Margin32.08%-9.5%
- EBITDA Margin-0.58%+83.5%
- Operating Margin-2.43%+48.8%
- Net Margin0.31%-88.3%
- ROE0.52%-88.6%
- ROIC-2.95%+55.1%
- Debt/Equity0.35+69.4%
- Interest Coverage1.59-80.7%
AVNW Key Insights
Aviat Networks, Inc. (AVNW) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 39.2%
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 12.7%
- ✓Trading at only 0.8x book value
✗Weaknesses
- ✗Weak 3Y average ROE of 3.3%
- ✗Weak Piotroski F-Score: 3/9
- ✗Negative free cash flow
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
AVNW Price & Volume
Aviat Networks, Inc. (AVNW) stock price & volume — 10-year historical chart
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AVNW Growth Metrics
Aviat Networks, Inc. (AVNW) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years2.61%
5 Years12.74%
3 Years12.78%
TTM0.23%
Profit CAGR
10 Years-
5 Years39.16%
3 Years-60.13%
TTM364.36%
EPS CAGR
10 Years-
5 Years33.59%
3 Years-61.77%
TTM297.23%
Return on Capital
10 Years-1.57%
5 Years2.16%
3 Years-7.04%
Last Year-3.17%
AVNW Recent Earnings
Aviat Networks, Inc. (AVNW) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 4, 2026EPS
$0.06
Est $0.42
-85.7%
Revenue
$100M
Est $106M
-6.0%
Q1 2026
Feb 3, 2026EPS
$0.54
Est $0.48
+12.5%
Revenue
$111M
Est $110M
+1.6%
Q4 2025
Nov 4, 2025EPS
$0.43
Est $0.32
+34.4%
Revenue
$107M
Est $113M
-4.9%
Q4 2025
Sep 10, 2025EPS
$0.83
Est $0.43
+93.0%
Revenue
$113M
Est $109M
+3.1%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 4, 2026 | $0.06vs $0.42-85.7% | $100Mvs $106M-6.0% |
| Q1 2026 | Feb 3, 2026 | $0.54vs $0.48+12.5% | $111Mvs $110M+1.6% |
| Q4 2025 | Nov 4, 2025 | $0.43vs $0.32+34.4% | $107Mvs $113M-4.9% |
| Q4 2025 | Sep 10, 2025 | $0.83vs $0.43+93.0% | $113Mvs $109M+3.1% |
Based on last 12 quarters of dataView full earnings history →
AVNW Peer Comparison
Aviat Networks, Inc. (AVNW) competitors in Wireless Access and Backhaul Equipment — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CIEN | 81.59B | 576.79 | 678.58 | 18.79% | 4.47% | 8.26% | 0.82% | 0.58 |
 ADTN | 1.27B | 15.71 | -27.56 | 17.46% | -2.64% | -5.53% | 7.73% | 0.47 |
 CALX | 2.86B | 44.34 | 170.54 | 20.26% | 3.2% | 4.25% | 4.03% | 0.03 |
 DCOM | 1.64B | 37.19 | 15.69 | 13.03% | 15.15% | 7.67% | 11.13% | 0.25 |
 CSCO | 362.87B | 91.63 | 35.93 | 5.3% | 18.76% | 23.21% | 3.66% | 0.63 |
 VIAV | 12.26B | 53.00 | 353.33 | 8.39% | -4.03% | -6.92% | 0.51% | 0.89 |
 NTGR | 698.9M | 25.56 | -22.42 | 2.91% | -5.77% | -7.97% | 0.10 | |
 SATS | 16.51B | 125.71 | -2.49 | -5.18% | -155.15% | -176.79% | 5.33 |
Compare AVNW vs Peers
Aviat Networks, Inc. (AVNW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AVNW Income Statement
Aviat Networks, Inc. (AVNW) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Jun'17 | Jun'18 | Jun'19 | Jul'20 | Jul'21 | Jul'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 241.87M | 242.51M | 243.86M | 238.64M | 302.96M | 302.96M | 344.43M | 408.08M | 434.61M | 434.13M |
| Revenue Growth % | -9.98% | 0.26% | 0.56% | -2.14% | 26.95% | 0% | 13.69% | 18.48% | 6.5% | 0.23% |
| Cost of Goods Sold | 166.4M | 162M | 164.59M | 153.95M | 193.72M | 193.72M | 222.05M | 263.35M | 295.17M | 293.62M |
| COGS % of Revenue | 68.8% | 66.8% | 67.49% | 64.51% | 63.94% | 63.94% | 64.47% | 64.53% | 67.92% | - |
| Gross Profit | 75.47M▲ 0% | 80.5M▲ 6.7% | 79.27M▼ 1.5% | 84.7M▲ 6.8% | 109.23M▲ 29.0% | 109.23M▲ 0.0% | 122.38M▲ 12.0% | 144.73M▲ 18.3% | 139.44M▼ 3.7% | 140.51M▲ 0% |
| Gross Margin % | 31.2% | 33.2% | 32.51% | 35.49% | 36.06% | 36.06% | 35.53% | 35.47% | 32.08% | 32.37% |
| Gross Profit Growth % | 22.29% | 6.67% | -1.53% | 6.84% | 28.97% | 0% | 12.04% | 18.26% | -3.66% | - |
| Operating Expenses | 76.46M | 79.19M | 77.9M | 81.32M | 80.49M | 80.49M | 147M | 164.13M | 150.01M | 139.37M |
| OpEx % of Revenue | 31.61% | 32.65% | 31.95% | 34.08% | 26.57% | 26.57% | 42.68% | 40.22% | 34.52% | - |
| Selling, General & Admin | 57.18M | 58.16M | 56.05M | 57.98M | 57.66M | 57.66M | 69.84M | 85.04M | 89.48M | 44.51M |
| SG&A % of Revenue | 23.64% | 23.98% | 22.99% | 24.3% | 19.03% | 19.03% | 20.28% | 20.84% | 20.59% | - |
| Research & Development | 18.68M | 19.75M | 21.11M | 19.28M | 22.6M | 22.6M | 24.91M | 36.43M | 35.77M | 28.6M |
| R&D % of Revenue | 7.72% | 8.14% | 8.66% | 8.08% | 7.46% | 7.46% | 7.23% | 8.93% | 8.23% | - |
| Other Operating Expenses | 589K | 1.28M | 736K | 4.05M | 238K | 238K | 52.25M | 42.67M | 24.76M | 3M |
| Operating Income | -985K▲ 0% | 1.32M▲ 233.7% | 1.37M▲ 3.9% | 3.38M▲ 146.9% | 28.75M▲ 750.9% | 28.75M▲ 0.0% | -24.62M▼ 185.6% | -19.4M▲ 21.2% | -10.57M▲ 45.5% | 1.14M▲ 0% |
| Operating Margin % | -0.41% | 0.54% | 0.56% | 1.42% | 9.49% | 9.49% | -7.15% | -4.75% | -2.43% | 0.26% |
| Operating Income Growth % | 96.41% | 233.71% | 3.87% | 146.93% | 750.95% | 0% | -185.65% | 21.2% | 45.49% | - |
| EBITDA | 4.86M | 6.52M | 5.84M | 7.76M | 33.21M | 33.21M | -18.44M | -14.41M | -2.53M | 4.44M |
| EBITDA Margin % | 2.01% | 2.69% | 2.39% | 3.25% | 10.96% | 10.96% | -5.35% | -3.53% | -0.58% | 1.02% |
| EBITDA Growth % | 123.34% | 34.21% | -10.44% | 33.05% | 327.66% | 0% | -155.53% | 21.87% | 82.44% | -65.15% |
| D&A (Non-Cash Add-back) | 5.84M | 5.2M | 4.47M | 4.39M | 4.46M | 4.46M | 6.18M | 4.99M | 8.04M | 3.29M |
| EBIT | -555K | 2.6M | 1.65M | 7.43M | 28.98M | 28.98M | 21.85M | 19.24M | 9.63M | 23.49M |
| Net Interest Income | 211K | 169K | 165K | 331K | 0 | 0 | -532K | -2.34M | -6.06M | -5.18M |
| Interest Income | 261K | 198K | 267K | 385K | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 50K | 29K | 102K | 54K | 0 | 0 | 532K | 2.34M | 6.06M | 7.03M |
| Other Income/Expense | 380K | -51K | 182K | 331K | 1.69M | 1.69M | 45.93M | 36.31M | 14.15M | 17.35M |
| Pretax Income | -605K▲ 0% | 1.27M▲ 309.3% | 1.55M▲ 22.4% | 3.71M▲ 139.3% | 30.43M▲ 720.6% | 30.43M▲ 0.0% | 21.31M▼ 30.0% | 16.91M▼ 20.7% | 3.58M▼ 78.8% | 18.5M▲ 0% |
| Pretax Margin % | -0.25% | 0.52% | 0.64% | 1.55% | 10.05% | 10.05% | 6.19% | 4.14% | 0.82% | 4.26% |
| Income Tax | 16K | -1.04M | -8.19M | 3.45M | 9.28M | 9.28M | 11.14M | 6.15M | 2.23M | 9.48M |
| Effective Tax Rate % | -2.64% | -81.83% | -528.26% | 93.07% | 30.47% | 30.47% | 52.29% | 36.35% | 62.5% | 51.28% |
| Net Income | -823K▲ 0% | 1.84M▲ 324.2% | 9.74M▲ 427.8% | 257K▼ 97.4% | 21.16M▲ 8133.5% | 21.16M▲ 0.0% | 10.17M▼ 51.9% | 10.76M▲ 5.8% | 1.34M▼ 87.5% | 9.01M▲ 0% |
| Net Margin % | -0.34% | 0.76% | 3.99% | 0.11% | 6.98% | 6.98% | 2.95% | 2.64% | 0.31% | 2.08% |
| Net Income Growth % | 97.25% | 324.18% | 427.8% | -97.36% | 8133.46% | 0% | -51.94% | 5.81% | -87.54% | 364.36% |
| Net Income (Continuing) | -621K | 2.3M | 9.74M | 257K | 21.16M | 21.16M | 10.17M | 10.76M | 1.34M | 9.01M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 543K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.08▲ 0% | 0.16▲ 305.7% | 0.87▲ 443.8% | 0.02▼ 97.3% | 9.42▲ 39985.1% | 1.79▼ 81.0% | 0.86▼ 52.0% | 0.86▲ 0.0% | 0.10▼ 88.4% | 0.70▲ 0% |
| EPS Growth % | 97.27% | 305.66% | 443.75% | -97.3% | 39985.11% | -81% | -51.96% | 0% | -88.37% | 297.23% |
| EPS (Basic) | -0.08 | 0.17 | 0.91 | 0.02 | 9.98 | 1.89 | 0.90 | 0.88 | 0.11 | - |
| Diluted Shares Outstanding | 10.58M | 11.29M | 11.24M | 10.94M | 11.82M | 11.82M | 11.86M | 12.46M | 12.83M | 12.92M |
| Basic Shares Outstanding | 10.29M | 11.18M | 10.75M | 10.78M | 11.17M | 11.17M | 11.36M | 12.18M | 12.68M | 12.92M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
AVNW Balance Sheet
Aviat Networks, Inc. (AVNW) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jun'17 | Jun'18 | Jun'19 | Jul'20 | Jul'21 | Jul'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 124.58M | 123.47M | 126M | 139.95M | 206.4M | 206.4M | 235.91M | 405.22M | 463.57M | 450.36M |
| Cash & Short-Term Investments | 35.92M | 37.42M | 31.95M | 41.62M | 47.77M | 47.77M | 22.24M | 64.62M | 59.69M | 78.13M |
| Cash Only | 35.66M | 37.42M | 31.95M | 41.62M | 36.88M | 36.88M | 22.24M | 64.62M | 59.69M | 78.13M |
| Short-Term Investments | 264K | 0 | 0 | 0 | 10.89M | 10.89M | 2K | 0 | 0 | 0 |
| Accounts Receivable | 58.05M | 57.23M | 79.72M | 72.75M | 119.03M | 119.03M | 166.99M | 262.06M | 305.48M | 272.88M |
| Days Sales Outstanding | 87.61 | 86.15 | 119.32 | 111.26 | 143.4 | 143.4 | 176.96 | 234.39 | 256.56 | 253.82 |
| Inventory | 23.66M | 22.8M | 9.51M | 15.23M | 27.17M | 27.17M | 33.43M | 62.27M | 83.98M | 72.61M |
| Days Inventory Outstanding | 51.91 | 51.36 | 21.09 | 36.11 | 51.19 | 51.19 | 54.95 | 86.3 | 103.85 | 98.59 |
| Other Current Assets | 6.94M | 6.01M | 4.83M | 10.36M | 12.44M | 12.44M | 13.26M | 16.28M | 14.42M | 26.74M |
| Total Non-Current Assets | 27.99M | 32.59M | 43.2M | 39.85M | 117.5M | 117.5M | 127.22M | 130M | 169.72M | 166.18M |
| Property, Plant & Equipment | 16.41M | 17.18M | 17.25M | 20.39M | 11.65M | 11.65M | 12.01M | 13.19M | 20.57M | 21.2M |
| Fixed Asset Turnover | 14.74x | 14.12x | 14.13x | 11.71x | 26.01x | 26.01x | 28.69x | 30.94x | 21.13x | 20.39x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 5.11M | 8.22M | 19.66M | 19.47M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 9.05M | 13.64M | 26.9M | 24.39M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 5.41M | 9.82M | 12.08M | 6.67M | 10.45M | 10.45M | 13.98M | 11.84M | 14.45M | 56.67M |
| Total Assets | 152.58M▲ 0% | 156.06M▲ 2.3% | 169.19M▲ 8.4% | 179.8M▲ 6.3% | 323.9M▲ 80.1% | 323.9M▲ 0.0% | 363.14M▲ 12.1% | 535.22M▲ 47.4% | 633.3M▲ 18.3% | 616.54M▲ 0% |
| Asset Turnover | 1.59x | 1.55x | 1.44x | 1.33x | 0.94x | 0.94x | 0.95x | 0.76x | 0.69x | 0.68x |
| Asset Growth % | -8.15% | 2.28% | 8.41% | 6.27% | 80.15% | 0% | 12.11% | 47.39% | 18.32% | 36.31% |
| Total Current Liabilities | 86.02M | 86.47M | 82.21M | 93.97M | 104.48M | 104.48M | 130.06M | 218.86M | 282.2M | 226.29M |
| Accounts Payable | 33.61M | 30.88M | 35.6M | 32M | 42.39M | 42.39M | 60.14M | 92.85M | 148.09M | 112.06M |
| Days Payables Outstanding | 73.71 | 69.57 | 78.96 | 75.86 | 79.88 | 79.88 | 98.86 | 128.69 | 183.13 | 170.3 |
| Short-Term Debt | 9M | 9M | 9M | 9M | 0 | 0 | 0 | 2.4M | 18.62M | 6.14M |
| Deferred Revenue (Current) | 20M | 19.3M | 13.96M | 21.87M | 33.74M | 33.74M | 44.27M | 58.84M | 73.73M | 299.48M |
| Other Current Liabilities | 9.79M | 10M | 8.67M | 14.55M | 13.01M | 13.01M | 10.97M | 31.3M | 11.69M | 152.31M |
| Current Ratio | 1.45x | 1.43x | 1.53x | 1.49x | 1.98x | 1.98x | 1.81x | 1.85x | 1.64x | 1.64x |
| Quick Ratio | 1.17x | 1.16x | 1.42x | 1.33x | 1.72x | 1.72x | 1.56x | 1.57x | 1.35x | 1.35x |
| Cash Conversion Cycle | 65.8 | 67.94 | 61.45 | 71.52 | 114.71 | 114.71 | 133.05 | 192 | 177.28 | 182.11 |
| Total Non-Current Liabilities | 12.22M | 12.08M | 15.47M | 17.15M | 17.67M | 17.67M | 14.34M | 60.48M | 87.92M | 118.48M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 45.95M | 68.97M | 100.53M |
| Capital Lease Obligations | 0 | 0 | 0 | 2.3M | 2.41M | 2.41M | 2.14M | 2.82M | 2.24M | 6.36M |
| Deferred Tax Liabilities | 4.13M | 4.23M | 4.98M | 6.3M | 6.07M | 6.07M | 4.47M | 3.9M | 8.22M | 29.17M |
| Other Non-Current Liabilities | 1.02M | 1.25M | 820K | 401K | 273K | 273K | 314K | 394K | 430K | 15.1M |
| Total Liabilities | 98.24M | 98.55M | 97.68M | 111.12M | 122.15M | 122.15M | 144.4M | 279.34M | 370.11M | 344.77M |
| Total Debt | 9M | 9M | 9M | 12.75M | 2.92M | 2.92M | 2.75M | 52.18M | 90.92M | 106.67M |
| Net Debt | -26.66M | -28.43M | -22.95M | -28.87M | -33.95M | -33.95M | -19.49M | -12.44M | 31.23M | 28.54M |
| Debt / Equity | 0.17x | 0.16x | 0.13x | 0.19x | 0.01x | 0.01x | 0.01x | 0.20x | 0.35x | 0.35x |
| Debt / EBITDA | 1.85x | 1.38x | 1.54x | 1.64x | 0.09x | 0.09x | - | - | - | 24.05x |
| Net Debt / EBITDA | -5.49x | -4.36x | -3.93x | -3.72x | -1.02x | -1.02x | - | - | - | 6.43x |
| Interest Coverage | -11.10x | 89.52x | 16.20x | 137.54x | - | - | 41.06x | 8.23x | 1.59x | 3.34x |
| Total Equity | 54.34M▲ 0% | 57.52M▲ 5.8% | 71.52M▲ 24.3% | 68.68M▼ 4.0% | 201.75M▲ 193.8% | 201.75M▲ 0.0% | 218.74M▲ 8.4% | 255.88M▲ 17.0% | 263.18M▲ 2.9% | 271.78M▲ 0% |
| Equity Growth % | 1.65% | 5.84% | 24.34% | -3.96% | 193.75% | 0% | 8.42% | 16.98% | 2.85% | 24.48% |
| Book Value per Share | 5.13 | 5.09 | 6.36 | 6.28 | 17.07 | 17.07 | 18.45 | 20.54 | 20.52 | 21.04 |
| Total Shareholders' Equity | 53.8M | 57.52M | 71.52M | 68.68M | 201.75M | 201.75M | 218.74M | 255.88M | 263.18M | 271.78M |
| Common Stock | 53K | 54K | 54K | 108K | 112K | 112K | 115K | 126K | 127K | 129K |
| Retained Earnings | -748.2M | -746.36M | -731M | -730.74M | -599.44M | -599.44M | -589.27M | -578.51M | -577.17M | -573.36M |
| Treasury Stock | 0 | 0 | 0 | 0 | -6.15M | -6.15M | -6.15M | -6.48M | -7.08M | 0 |
| Accumulated OCI | -11.79M | -12.61M | -12.74M | -14.97M | -16.03M | -16.03M | -16M | -19.32M | -18.82M | -17.76M |
| Minority Interest | 543K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
AVNW Cash Flow Statement
Aviat Networks, Inc. (AVNW) cash flow — operating, investing & free cash flow history
| Line item | Jun'17 | Jun'18 | Jun'19 | Jul'20 | Jul'21 | Jul'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 9.4M | 8.21M | 2.94M | 17.49M | 17.3M | 2.79M | -1.64M | 30.54M | 5.72M | 5.72M |
| Operating CF Margin % | 3.89% | 3.39% | 1.21% | 7.33% | 5.71% | 0.92% | -0.48% | 7.48% | 1.32% | - |
| Operating CF Growth % | 7564.29% | -12.72% | -64.14% | 494.19% | -1.11% | -83.88% | -158.95% | 1957.66% | -81.27% | -106.36% |
| Net Income | -621K | 2.3M | 9.74M | 257K | 110.14M | 21.16M | 10.17M | 10.76M | 1.34M | 9.01M |
| Depreciation & Amortization | 5.84M | 5.2M | 4.47M | 4.39M | 5.04M | 4.46M | 6.18M | 4.99M | 8.04M | 6.36M |
| Stock-Based Compensation | 2.11M | 2.36M | 1.72M | 1.69M | 0 | 3.83M | 6.72M | 7.34M | 7.07M | 5.92M |
| Deferred Taxes | 75K | -3.15M | -8.76M | -172K | -90.6M | 8M | 9.01M | 3.63M | 182K | 3.4M |
| Other Non-Cash Items | 361K | 422K | 198K | 5.44M | 4.55M | 100K | 5.04M | 6.37M | 5.93M | -730K |
| Working Capital Changes | 1.64M | 1.08M | -4.42M | 5.89M | -11.83M | -34.77M | -38.77M | -2.55M | -16.84M | -2.98M |
| Change in Receivables | 18.18M | 2.83M | -6.39M | 6.74M | -12.81M | -25.72M | -37.15M | -44.12M | -44.24M | -16.8M |
| Change in Inventory | 6.47M | 170K | 871K | -6.67M | -11.09M | -3.9M | -4.89M | 1.59M | -24.36M | 8.66M |
| Change in Payables | 608K | -2.23M | 5.07M | -3.12M | 580K | 10.5M | 16.04M | 16.55M | 49.93M | -24.25M |
| Cash from Investing | -4.04M | -6.3M | -5.25M | -4.61M | -2.85M | -7.79M | -11.95M | -35.22M | -28.53M | -10.09M |
| Capital Expenditures | -4.02M | -6.56M | -5.25M | -4.61M | -2.85M | -1.79M | -5.33M | -2.67M | -12.97M | -9.12M |
| CapEx % of Revenue | 1.66% | 2.71% | 2.15% | 1.93% | 0.94% | 0.59% | 1.55% | 0.66% | 2.98% | - |
| Acquisitions | 4.02M | 0 | 0 | 0 | 0 | 0 | -15.77M | -32.16M | -18.15M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -4.02M | 0 | 0 | 0 | 0 | 2.28M | 0 | 0 | 2.59M | 0 |
| Cash from Financing | 21K | 12K | -2.95M | -2.54M | -8.05M | -4.87M | -681K | 48.7M | 18.68M | 16.89M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | -9M | 0 | 0 | 48.75M | 39.38M | 33.12M |
| Equity Issued (Net) | 21K | -8K | -2.99M | -2.57M | 952K | -5.36M | 0 | -332K | -597K | 421K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -8K | -2.32M | -1.77M | -787K | -5.36M | 0 | -332K | -597K | -499K |
| Other Financing | 0 | 20K | 35K | 29K | 0 | 488K | -681K | 283K | -20.1M | -16.66M |
| Net Change in Cash | 5.14M▲ 0% | 1.2M▼ 76.8% | -5.56M▼ 565.5% | 9.67M▲ 273.8% | 6.32M▼ 34.6% | -11.09M▼ 275.4% | -14.58M▼ 31.4% | 42.41M▲ 390.8% | -2.92M▼ 106.9% | 28.57M▲ 0% |
| Free Cash Flow | 5.38M▲ 0% | 1.65M▼ 69.4% | -2.3M▼ 239.9% | 12.88M▲ 659.7% | 14.45M▲ 12.2% | 997K▼ 93.1% | -6.98M▼ 800.0% | 27.86M▲ 499.3% | -7.25M▼ 126.0% | 11.86M▲ 0% |
| FCF Margin % | 2.23% | 0.68% | -0.94% | 5.4% | 4.77% | 0.33% | -2.03% | 6.83% | -1.67% | 2.73% |
| FCF Growth % | 416.71% | -69.43% | -239.85% | 659.73% | 12.15% | -93.1% | -800% | 499.27% | -126.01% | 248.45% |
| FCF per Share | 0.51 | 0.15 | -0.20 | 1.18 | 1.22 | 0.08 | -0.59 | 2.24 | -0.57 | -0.57 |
| FCF Conversion (FCF/Net Income) | -11.43x | 4.45x | 0.30x | 68.07x | 0.82x | 0.13x | -0.16x | 2.84x | 4.27x | 1.32x |
| Interest Paid | 0 | 29K | 70K | 60K | 0 | 0 | 880K | 2.52M | 6.68M | 0 |
| Taxes Paid | 0 | 1.28M | 687K | 1.06M | 0 | 1.24M | 1.61M | 808K | 1.72M | 0 |
AVNW Key Ratios
Aviat Networks, Inc. (AVNW) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -1.53% | 3.3% | 15.09% | 0.37% | 15.65% | 10.49% | 4.84% | 4.53% | 0.52% | 3.37% |
| Return on Invested Capital (ROIC) | -2.48% | 3.48% | 2.64% | 5.73% | 20.77% | 12.85% | -10.06% | -6.57% | -2.95% | -2.95% |
| Gross Margin | 31.2% | 33.2% | 32.51% | 35.49% | 36.06% | 36.06% | 35.53% | 35.47% | 32.08% | 32.37% |
| Net Margin | -0.34% | 0.76% | 3.99% | 0.11% | 6.98% | 6.98% | 2.95% | 2.64% | 0.31% | 2.08% |
| Debt / Equity | 0.17x | 0.16x | 0.13x | 0.19x | 0.01x | 0.01x | 0.01x | 0.20x | 0.35x | 0.35x |
| Interest Coverage | -11.10x | 89.52x | 16.20x | 137.54x | - | - | 41.06x | 8.23x | 1.59x | 3.34x |
| FCF Conversion | -11.43x | 4.45x | 0.30x | 68.07x | 0.82x | 0.13x | -0.16x | 2.84x | 4.27x | 1.32x |
| Revenue Growth | -9.98% | 0.26% | 0.56% | -2.14% | 26.95% | 0% | 13.69% | 18.48% | 6.5% | 0.23% |
AVNW SEC Filings & Documents
Aviat Networks, Inc. (AVNW) SEC filings — annual & quarterly reports (10-K, 10-Q)
AVNW Frequently Asked Questions
Aviat Networks, Inc. (AVNW) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Aviat Networks, Inc. (AVNW) reported $434.1M in revenue for fiscal year 2025. This represents a 189% increase from $150.4M in 1996.
Aviat Networks, Inc. (AVNW) grew revenue by 6.5% over the past year. This is steady growth.
Yes, Aviat Networks, Inc. (AVNW) is profitable, generating $9.0M in net income for fiscal year 2025 (0.3% net margin).
Dividend & Returns
Aviat Networks, Inc. (AVNW) has a return on equity (ROE) of 0.5%. This is below average, suggesting room for improvement.
Aviat Networks, Inc. (AVNW) generated $11.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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