Financials · AVT

Avnet Inc. (AVT) financials

For the twelve months ended Oct 3, 2026, Avnet Inc. reported $32.45B of revenue and $564.82M of net income.

Revenue, TTM
$32.45B
Revenue growth, YoY
+44.3%
Net income, TTM
$564.82M
Net income growth, YoY
+142.4%
Net margin
1.7%
Free cash flow, TTM
-$1.05B
EPS, diluted, TTM
$6.68
EPS growth, YoY
+147.4%
Cash
$236.78M
Total debt
$4.17B
P/E
11.54
P/S
0.20
Market cap
$6.52B
Annual revenue$27.63B
FY2017FY2026
Annual net income$334.39M
FY2017FY2026
Annual free cash flow-$354.50M
FY2017FY2026

AVT revenue and earnings growth

AVT revenueQ1 2027$10.72B

Quarter YoY
+81.7%
QoQ
+29.2%
FY YoY
+24.5%
5Y CAGR
+7.2%
10Y CAGR
+5.1%

AVT revenue was $10.72B in fiscal Q1 2027 (ended Oct 3, 2026), up 81.7% from a year earlier and up 29.2% from the prior quarter. For the full fiscal 2026 it was $27.63B, up 24.5% from fiscal 2025. Compound annual growth was +7.2% over 5 years and +5.1% over 10 years. It rose in 7 of the last 10 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.

AVT net incomeQ1 2027$282.17M

Quarter YoY
+445.3%
QoQ
+122.9%
FY YoY
+39.2%
5Y CAGR
+11.6%
10Y CAGR
-4.1%

AVT net income was $282.17M in fiscal Q1 2027 (ended Oct 3, 2026), up 445.3% from a year earlier and up 122.9% from the prior quarter. For the full fiscal 2026 it was $334.39M, up 39.2% from fiscal 2025. Compound annual growth was +11.6% over 5 years and -4.1% over 10 years. It rose in 3 of the last 5 fiscal years.

AVT EPSQ1 2027$3.28

Quarter YoY
+437.7%
QoQ
+117.2%
FY YoY
+45.8%
5Y CAGR
+15.7%
10Y CAGR
+0.5%

AVT diluted EPS was $3.28 in fiscal Q1 2027 (ended Oct 3, 2026), up 437.7% from a year earlier and up 117.2% from the prior quarter. For the full fiscal 2026 it was $4.01, up 45.8% from fiscal 2025. Compound annual growth was +15.7% over 5 years and +0.5% over 10 years.

AVT free cash flowQ1 2027-$866.67M

AVT free cash flow was -$866.67M in fiscal Q1 2027 (ended Oct 3, 2026), compared with -$169.17M a year earlier. For the full fiscal 2026 it was -$354.50M, compared with $577.03M in fiscal 2025.

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Income statement

Income statement
Line item
Jun 27, 2026
Jun 28, 2025
Jun 29, 2024
Jul 1, 2023
Jul 2, 2022
Jul 3, 2021
Jun 27, 2020
Jun 29, 2019
Jun 30, 2018
Jul 1, 2017
Revenue$27.63B$22.20B$23.76B$26.54B$24.31B$19.53B$17.63B$19.52B$19.04B$17.44B
Cost of revenue$24.75B$19.82B$20.99B$23.35B$21.35B$17.29B$15.57B$17.03B$16.51B$15.07B
Gross profit$2.88B$2.38B$2.77B$3.18B$2.97B$2.24B$2.06B$2.49B$2.53B$2.37B
Selling, general and admin$2.02B$1.76B$1.87B$1.97B$1.99B$1.87B$1.84B$1.87B$1.99B$1.79B
Operating income$724.78M$514.25M$844.37M$1.19B$939.01M$281.41M-$4.63M$365.91M$209.22M$443.70M
Interest expense$250.72M$246.40M$282.87M$250.87M$100.38M$89.47M$122.74M$134.87M$92.75M$99.58M
Pre-tax income$467.44M$250.57M$632.26M$982.88M$833.33M$172.93M-$129.59M$236.60M$145.08M$310.40M
Income tax$133.05M$10.35M$133.56M$212.05M$140.96M-$20.18M-$98.50M$60.26M$287.97M$47.05M
Net income$334.39M$240.22M$498.70M$770.83M$692.38M$193.11M-$31.08M$176.34M-$156.42M$525.28M
EPS, basic$4.07$2.78$5.51$8.37$7.02$1.95-$0.31$1.61-$1.30$4.13
EPS, diluted$4.01$2.75$5.43$8.26$6.94$1.93-$0.31$1.59-$1.30$4.08
Diluted shares83.4M87.4M91.8M93.4M99.8M100.2M100.5M110.8M119.9M128.7M

Balance sheet

Balance sheet
Line item
Jun 27, 2026
Jun 28, 2025
Jun 29, 2024
Jul 1, 2023
Jul 2, 2022
Jul 3, 2021
Jun 27, 2020
Jun 29, 2019
Jun 30, 2018
Jul 1, 2017
Cash and equivalents$155.40M$192.43M$310.94M$288.23M$153.69M$199.69M$477.04M$546.11M$621.13M$836.38M
Receivables$6.88B$4.33B$4.39B$4.76B$4.30B$3.58B$2.93B$3.17B$3.64B$3.34B
Inventory$6.07B$5.24B$5.47B$5.47B$4.24B$3.24B$2.73B$3.01B$3.14B$2.82B
Current assets$13.33B$10.02B$10.37B$10.75B$8.88B$7.16B$6.33B$6.88B$7.61B$7.53B
Goodwill$810.16M$837.03M$780.98M$780.63M$758.83M$838.11M$773.73M$876.73M$980.87M$1.15B
Total assets$15.43B$12.12B$12.21B$12.48B$10.39B$8.93B$8.11B$8.56B$9.60B$9.70B
Current liabilities$7.50B$4.13B$4.47B$4.25B$4.25B$3.06B$2.28B$2.58B$2.97B$2.45B
Short-term debt$733.95M$87.28M$492.71M$70.64M$174.42M$23.08M$51.0K$300.54M$165.38M$50.11M
Long-term debt$2.48B$2.57B$2.41B$2.99B$1.44B$1.19B$1.42B$1.42B$1.49B$1.73B
Total debt$3.21B$2.66B$2.90B$3.06B$1.61B$1.21B$1.42B$1.72B$1.65B$1.78B
Total liabilities$10.40B$7.11B$7.28B$7.73B$6.20B$4.84B$4.38B$4.42B$4.91B$4.52B
Shareholders' equity$5.02B$5.01B$4.93B$4.75B$4.19B$4.08B$3.73B$4.14B$4.69B$5.18B

Cash flow

Cash flow
Line item
Jun 27, 2026
Jun 28, 2025
Jun 29, 2024
Jul 1, 2023
Jul 2, 2022
Jul 3, 2021
Jun 27, 2020
Jun 29, 2019
Jun 30, 2018
Jul 1, 2017
Operating cash flow-$280.93M$724.50M$689.98M-$713.70M-$219.31M$90.95M$730.18M$534.77M$253.49M-$368.69M
Capital expenditures$73.57M$147.47M$226.48M$194.67M$48.90M$50.36M$73.52M$122.69M$155.87M$120.40M
Free cash flow-$354.50M$577.03M$463.51M-$908.38M-$268.21M$40.59M$656.67M$412.08M$97.61M-$489.09M
Investing cash flow-$71.47M-$137.13M-$225.48M-$211.55M$51.30M-$61.20M-$135.02M-$25.21M$71.73M$1.34B
Financing cash flow$315.89M-$693.53M-$433.80M$1.05B$156.06M-$314.01M-$644.55M-$582.68M-$541.89M-$1.19B
Dividends paid$114.36M$113.31M$111.96M$106.33M$98.49M$84.31M$83.97M$87.16M$88.25M$88.66M
Share repurchases$138.31M$303.49M$162.72M$221.73M$184.38M-$237.84M$568.71M$323.52M$275.88M
Stock-based compensation$48.69M$36.40M$33.50M$38.78M$36.74M$29.34M$26.83M$30.10M$23.99M$47.69M
Depreciation and amortization$76.79M$71.62M$86.71M$88.61M$102.33M$131.90M$182.20M$180.80M$234.90M$155.40M

Key ratios

Key ratios
Line item
Jun 27, 2026
Jun 28, 2025
Jun 29, 2024
Jul 1, 2023
Jul 2, 2022
Jul 3, 2021
Jun 27, 2020
Jun 29, 2019
Jun 30, 2018
Jul 1, 2017
Revenue growth, YoY24.5%-6.6%-10.5%9.2%24.4%10.8%-9.7%2.5%9.2%4.2%
Net income growth, YoY39.2%-51.8%-35.3%11.3%258.5%----3.7%
EPS growth, YoY45.8%-49.4%-34.3%19.0%259.6%----7.4%
Gross margin10.4%10.7%11.6%12.0%12.2%11.5%11.7%12.7%13.3%13.6%
Operating margin2.6%2.3%3.6%4.5%3.9%1.4%-0.0%1.9%1.1%2.5%
Net margin1.2%1.1%2.1%2.9%2.8%1.0%-0.2%0.9%-0.8%3.0%
Free cash flow margin-1.3%2.6%2.0%-3.4%-1.1%0.2%3.7%2.1%0.5%-2.8%
Return on equity6.7%4.8%10.1%16.2%16.5%4.7%-0.8%4.3%-3.3%10.1%
Return on assets2.2%2.0%4.1%6.2%6.7%2.2%-0.4%2.1%-1.6%5.4%
Current ratio1.782.432.322.532.092.342.782.672.563.07
Debt to equity0.640.530.590.640.380.300.380.420.350.34

Source: XBRL data Avnet Inc. files with the SEC, latest filing dated Nov 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

AVT peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
AVT$32.45B+44.3%$564.82M1.7%$6.52B
KLAC$14.51B+15.8%$5.26B36.2%$180.45B
SNDK$28.97B+272.4%$19.42B67.0%$118.82B
STX$13.80B+44.4%$4.40B31.9%$105.83B
WDC$14.48B+43.0%$10.02B69.2%$98.74B
TEL$19.32B+16.5%$3.02B15.6%$59.93B
COHR$7.91B+30.8%$960.42M12.1%$37.97B
NTAP$7.39B+12.2%$1.42B19.2%$33.23B
P$4.26B+27.2%$253.28M5.9%$32.24B

AVT FAQ

9 questions
  • What is AVT revenue?
    Avnet Inc. (AVT) reported $32.45B of revenue for the twelve months ended Oct 3, 2026. That is up 44.3% from the year before. Revenue for fiscal 2026 was $27.63B.
  • Is AVT profitable?
    Yes. Avnet Inc. earned $564.82M in net income for the twelve months ended Oct 3, 2026, a net margin of 1.7%.
  • How much cash and debt does AVT have?
    Avnet Inc. reported $236.78M in cash and cash equivalents and $4.17B of debt on its most recent balance sheet in SEC filings.
  • How fast is AVT revenue growing?
    Avnet Inc.'s revenue changed +24.5% in fiscal 2026, to $27.63B. Its compound annual growth rate was +7.2% over 5 years and +5.1% over 10 years.
  • What is AVT gross margin?
    Avnet Inc.'s gross profit was $3.34B on $32.45B of revenue for the twelve months ended Oct 3, 2026, a gross margin of 10.3%.
  • What is AVT free cash flow?
    Avnet Inc. generated -$1.05B of free cash flow for the twelve months ended Oct 3, 2026, which is operating cash flow of -$978.75M less capital expenditures.
  • What is AVT earnings per share?
    Diluted earnings per share were $6.68 for the twelve months ended Oct 3, 2026, from SEC filings, restated for any stock split those filings show.
  • When did AVT last report financial results?
    The latest statements here come from Avnet Inc.'s 10-Q filed on Nov 6, 2026, covering the period ended Oct 3, 2026.
  • Where does this AVT financial data come from?
    Quantisnow builds these statements from the structured XBRL data Avnet Inc. files with the SEC. It is provided for information only and is not investment advice.