Aviat Networks, Inc. financials
Source: EDGAR filings · Built 2026-10-03T00:01:16Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 6.09M | -7.25M | 27.86M | -6.98M | 997.00K | 14.45M |
| EBITDA | 22.49M | 15.91M | 23.39M | 30.09M | 33.21M | 27.59M |
| Working Capital | 216.09M | 181.38M | 186.37M | 105.85M | 101.92M | 73.87M |
| Net Debt | 26.34M | 31.23M | -12.44M | -19.49M | -33.95M | -43.95M |
| Gross Margin | 31.45% | 32.08% | 35.47% | 35.53% | 36.06% | 37.33% |
| Operating Margin | 4.38% | 2.43% | 4.75% | 7.15% | 9.49% | 8.08% |
| Net Margin | 0.58% | 0.31% | 2.64% | 2.95% | 6.98% | 40.06% |
| Return on Equity (ROE) | 0.95% | 0.51% | 4.21% | 4.65% | 10.49% | 60.08% |
| Return on Assets (ROA) | 0.42% | 0.21% | 2.01% | 2.80% | 6.53% | 37.00% |
| Current Ratio | 1.97× | 1.64× | 1.85× | 1.81× | 1.98× | 1.77× |
| Debt-to-Equity | 0.37× | 0.35× | 0.20× | 0.01× | 0.01× | 0.02× |
| Effective Tax Rate | 80.79% | 62.50% | 36.35% | 52.29% | 30.47% | -390.82% |
| Cash Conversion Ratio | 5.34× | 4.27× | 2.84× | -0.16× | 0.13× | 0.16× |
| Accruals Ratio | -0.02× | -0.01× | -0.04× | 0.03× | 0.06× | 0.31× |
| SBC % of Revenue | 1.41% | 1.63% | 1.80% | 1.95% | 1.27% | 1.06% |
| CapEx Coverage | 1.82× | 0.44× | 11.42× | -0.31× | 1.56× | 6.08× |
| Free Cash Flow Per Share | $0.47 | $-0.57 | $2.24 | $-0.59 | $0.08 | $1.24 |
Income Statement
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | — | — | — | — | — | 274.91M |
| Cost of Goods and Services Sold | 301.39M | 295.17M | 263.35M | 222.05M | 193.72M | 172.30M |
| Gross Profit | 138.29M | 139.44M | 144.73M | 122.38M | 109.23M | 102.61M |
| Research and Development Expense | 28.40M | 35.77M | 36.43M | 24.91M | 22.60M | 21.81M |
| Selling, General and Administrative Expense | 88.51M | 89.48M | 85.04M | 69.84M | 57.66M | 56.32M |
| Operating Expenses | 119.05M | 128.86M | 125.33M | 97.76M | 80.49M | 80.41M |
| Operating Income (Loss) | 19.24M | 10.57M | 19.40M | 24.62M | 28.75M | 22.21M |
| Income Tax Expense (Benefit) | 10.68M | 2.23M | 6.15M | 11.14M | 9.28M | -87.70M |
| Net Income (Loss) Attributable to Parent | 2.54M | 1.34M | 10.76M | 10.17M | 21.16M | 110.14M |
| Earnings Per Share, Basic | $0.20 | $0.11 | $0.88 | $0.90 | $1.89 | $9.98 |
| Weighted Average Number of Shares Outstanding, Basic | 12.85M | 12.68M | 12.18M | 11.36M | 11.17M | 11.04M |
| Earnings Per Share, Diluted | $0.19 | $0.10 | $0.86 | $0.86 | $1.79 | $9.42 |
| Weighted Average Number of Shares Outstanding, Diluted | 13.03M | 12.83M | 12.46M | 11.86M | 11.82M | 11.69M |
Balance Sheet
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 72.84M | 59.69M | 64.62M | 22.24M | 36.88M | 47.94M |
| Assets, Current | 439.25M | 463.57M | 405.22M | 235.91M | 206.40M | 170.24M |
| Assets | 598.96M | 633.30M | 535.22M | 363.14M | 323.90M | 297.65M |
| Long-term Debt | 97.00M | 87.59M | 48.35M | — | — | — |
| Liabilities, Current | 223.15M | 282.20M | 218.86M | 130.06M | 104.48M | 96.37M |
| Long-term Debt, Excluding Current Maturities | 89.10M | 68.97M | 45.95M | 0 | — | — |
| Liabilities | 331.57M | 370.11M | 279.34M | 144.40M | 122.15M | 114.32M |
| Stockholders' Equity Attributable to Parent | 267.39M | 263.18M | 255.88M | 218.74M | 201.75M | 183.34M |
| Common Stock, Shares, Outstanding | 12.80M | 12.70M | 12.60M | 11.50M | 11.20M | 11.15M |
Cash Flow Statement
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 13.56M | 5.72M | 30.54M | -1.64M | 2.79M | 17.30M |
| Payments to Acquire Property, Plant, and Equipment | 7.47M | 12.97M | 2.67M | 5.33M | 1.79M | 2.85M |
| Net Cash Provided by (Used in) Investing Activities | -7.33M | -28.53M | -35.22M | -11.95M | -7.79M | -2.85M |
| Payments for Repurchase of Common Stock | — | — | — | — | 0 | 0 |
| Net Cash Provided by (Used in) Financing Activities | 6.34M | 18.68M | 48.70M | -681.00K | -4.87M | -8.05M |
Derived Metrics
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 2.47M | 3.62M | 9.01M | -13.47M | 8.24M | -15.49M |
| EBITDA | 6.98M | 1.64M | 8.19M | 5.65M | 10.26M | 10.49M |
| Working Capital | 216.09M | 224.07M | 226.76M | 216.34M | 181.38M | 174.51M |
| Net Debt | 26.34M | 28.54M | 21.89M | 44.58M | 31.23M | 28.06M |
| Gross Margin | 30.81% | 29.28% | 32.39% | 33.23% | 34.22% | 34.89% |
| Operating Margin | 4.82% | 0.94% | 6.54% | 4.84% | 7.70% | 8.25% |
| Net Margin | -1.06% | -2.06% | 5.13% | 0.15% | 4.51% | 3.13% |
| Return on Equity (ROE) | -0.48% | -0.76% | 2.11% | 0.06% | 1.97% | 1.38% |
| Return on Assets (ROA) | -0.21% | -0.33% | 0.87% | 0.03% | 0.82% | 0.56% |
| Current Ratio | 1.97× | 1.99× | 1.85× | 1.84× | 1.64× | 1.62× |
| Debt-to-Equity | 0.37× | 0.39× | 0.40× | 0.41× | 0.35× | 0.30× |
| Effective Tax Rate | 126.04% | 10.57% | 29.61% | 93.53% | 48.94% | 24.44% |
| Cash Conversion Ratio | -2.42× | -5.07× | 2.13× | -72.48× | 2.02× | -1.36× |
| Accruals Ratio | -0.01× | -0.02× | -0.01× | 0.02× | -0.01× | 0.01× |
| SBC % of Revenue | 1.42% | 4.48% | 2.60% | 1.45% | 1.25% | 4.99% |
| CapEx Coverage | 5.02× | 1.53× | 3.84× | -6.80× | 4.64× | -0.45× |
| Free Cash Flow Per Share | $0.19 | $0.28 | $0.69 | $-1.04 | $0.64 | $-1.21 |
Income Statement
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Cost of Goods and Services Sold | 83.64M | 70.72M | 75.37M | 71.66M | 75.87M | 73.34M |
| Gross Profit | 37.24M | 29.28M | 36.10M | 35.66M | 39.47M | 39.30M |
| Research and Development Expense | 7.24M | 7.66M | 6.41M | 7.10M | 7.43M | 7.70M |
| Selling, General and Administrative Expense | 22.38M | 20.36M | 22.38M | 23.38M | 21.13M | 22.12M |
| Operating Expenses | 31.42M | 28.34M | 28.81M | 30.47M | 30.59M | 30.00M |
| Operating Income (Loss) | 5.82M | 939.00K | 7.29M | 5.19M | 8.88M | 9.29M |
| Income Tax Expense (Benefit) | 6.18M | -244.00K | 2.40M | 2.34M | 4.98M | 1.14M |
| Net Income (Loss) Attributable to Parent | -1.28M | -2.06M | 5.72M | 162.00K | 5.20M | 3.53M |
| Earnings Per Share, Basic | $-0.10 | $-0.16 | $0.44 | $0.01 | $0.41 | $0.28 |
| Weighted Average Number of Shares Outstanding, Basic | 12.85M | 12.92M | 12.86M | 12.76M | 12.68M | 12.69M |
| Earnings Per Share, Diluted | $-0.10 | $-0.16 | $0.44 | $0.01 | $0.40 | $0.27 |
| Weighted Average Number of Shares Outstanding, Diluted | 13.03M | 12.92M | 13.01M | 12.98M | 12.83M | 12.84M |
Balance Sheet
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 72.84M | 78.13M | 86.47M | 64.83M | 59.69M | 49.43M |
| Assets, Current | 439.25M | 450.36M | 493.85M | 474.54M | 463.57M | 456.60M |
| Assets | 598.96M | 616.54M | 659.36M | 643.32M | 633.30M | 628.34M |
| Long-term Debt | 97.00M | 104.26M | 105.37M | 106.48M | 87.59M | 73.92M |
| Liabilities, Current | 223.15M | 226.29M | 267.10M | 258.20M | 282.20M | 282.09M |
| Long-term Debt, Excluding Current Maturities | 89.10M | 98.67M | 100.93M | 102.04M | 68.97M | 70.20M |
| Liabilities | 331.57M | 344.77M | 387.74M | 379.68M | 370.11M | 372.22M |
| Stockholders' Equity Attributable to Parent | 267.39M | 271.78M | 271.61M | 263.64M | 263.18M | 256.12M |
| Common Stock, Shares, Outstanding | 12.80M | 12.90M | 12.90M | 12.80M | 12.70M | 12.70M |
Cash Flow Statement
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 3.09M | 10.47M | 12.18M | -11.74M | 10.51M | -4.79M |
| Payments to Acquire Property, Plant, and Equipment | 615.00K | 6.85M | 3.17M | 1.73M | 2.27M | 10.70M |
| Net Cash Provided by (Used in) Investing Activities | 497.00K | -7.83M | -3.17M | -1.73M | -2.27M | -26.26M |
| Payments for Repurchase of Common Stock | — | 500.00K | 0 | — | — | 598.00K |
| Net Cash Provided by (Used in) Financing Activities | -9.45M | 15.79M | 17.11M | 18.50M | 1.09M | 17.59M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (AVNW CIK 0001377789),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.