Aviat Networks, Inc. (AVNW) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
AVNW Revenue Growth
Revenue Breakdown (FY 2025)
AVNW's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
AVNW Revenue Analysis (2014–2025)
As of May 8, 2026, Aviat Networks, Inc. (AVNW) generated trailing twelve-month (TTM) revenue of $434.1 million, reflecting significant decline in growth of -11.2% year-over-year. The most recent quarter (Q3 2026) recorded $100.0 million in revenue, down 10.3% sequentially.
Looking at the longer-term picture, AVNW's 5-year compound annual growth rate (CAGR) stands at +12.7%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $434.6 million in 2025, representing a new all-time high.
Revenue diversification analysis shows AVNW's business is primarily driven by Product (66%), and Service (34%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including CIEN (+26.5% YoY), ADTN (+18.8% YoY), and CALX (+28.4% YoY), AVNW has underperformed the peer group in terms of revenue growth. Compare AVNW vs CIEN →
AVNW Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| AVNWCurrent | $434M | -11.2% | +12.7% | -2.4% | |
 CIEN | $4.8B | +26.5% | +6.2% | 6.5% | |
 ADTN | $1.1B | +18.8% | +16.4% | -1.4% | |
 CALX | $1.0B | +28.4% | +13.1% | 2.1% | |
 DCOM | $730M | - | - | 21.5% | |
 CSCO | $56.7B | +9.0% | +2.8% | 20.8% |
AVNW Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $434.6M | +6.5% | $139.4M | 32.1% | $-10,575,000 | -2.4% |
| 2024 | $408.1M | +18.5% | $144.7M | 35.5% | $-19,401,000 | -4.8% |
| 2023 | $344.4M | +13.7% | $122.4M | 35.5% | $-24,620,000 | -7.1% |
| 2022 | $303.0M | +0.0% | $109.2M | 36.1% | $28.7M | 9.5% |
| 2021 | $303.0M | +27.0% | $109.2M | 36.1% | $28.7M | 9.5% |
| 2020 | $238.6M | -2.1% | $84.7M | 35.5% | $3.4M | 1.4% |
| 2019 | $243.9M | +0.6% | $79.3M | 32.5% | $1.4M | 0.6% |
| 2018 | $242.5M | +0.3% | $80.5M | 33.2% | $1.3M | 0.5% |
| 2017 | $241.9M | -10.0% | $75.5M | 31.2% | $-985,000 | -0.4% |
| 2016 | $268.7M | -20.0% | $61.7M | 23.0% | $-27,446,000 | -10.2% |
See AVNW's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs AVNW Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare AVNW vs NVDA
Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.
Start ComparisonAVNW — Frequently Asked Questions
Quick answers to the most common questions about buying AVNW stock.
Is AVNW's revenue growth accelerating or slowing?
AVNW revenue declined -11.2% year-over-year, contrasting with the 5-year CAGR of +12.7%. TTM revenue fell to $434M. This reverses the prior growth trend.
What is AVNW's long-term revenue growth rate?
Aviat Networks, Inc.'s 5-year revenue CAGR of +12.7% reflects the variable expansion pattern. Current YoY growth of -11.2% is below this long-term average.
How is AVNW's revenue distributed by segment?
AVNW reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.