AVNW
Aviat Networks Inc
NASDAQ: AVNW · TECHNOLOGY · COMMUNICATION EQUIPMENT
$22.93
+6.70% today
Updated 2026-04-30
Market cap
$301.40M
P/E ratio
20.67
P/S ratio
0.68x
EPS (TTM)
$1.13
Dividend yield
—
52W range
$17 – $27
Volume
0.2M
Aviat Networks Inc (AVNW) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $230.89M | $507.90M | $718.40M | $679.90M | $478.90M | $452.10M | $444.00M | $471.30M | $346.50M | $335.90M | $268.69M | $241.87M | $242.51M | $243.86M | $238.64M | $302.96M | $302.96M | $344.43M | $408.08M | $434.61M |
| Revenue growth (YoY) | — | +120.0% | +41.4% | -5.4% | -29.6% | -5.6% | -1.8% | +6.1% | -26.5% | -3.1% | -20.0% | -10.0% | +0.3% | +0.6% | -2.1% | +27.0% | +0.0% | +13.7% | +18.5% | +6.5% |
| Cost of revenue | $167.30M | $352.20M | $528.20M | $505.50M | $345.50M | $324.00M | $312.30M | $331.20M | $260.90M | $255.20M | $206.97M | $166.40M | $162.00M | $164.59M | $153.95M | $193.72M | $193.72M | $222.05M | $263.35M | $295.17M |
| Gross profit | $63.59M | $155.70M | $190.20M | $174.40M | $133.40M | $128.10M | $131.70M | $140.10M | $85.60M | $80.70M | $61.72M | $75.47M | $80.50M | $79.27M | $84.70M | $109.23M | $109.23M | $122.38M | $144.73M | $139.44M |
| Gross margin | 27.5% | 30.7% | 26.5% | 25.7% | 27.9% | 28.3% | 29.7% | 29.7% | 24.7% | 24.0% | 23.0% | 31.2% | 33.2% | 32.5% | 35.5% | 36.1% | 36.1% | 35.5% | 35.5% | 32.1% |
| R&D | $14.47M | $39.40M | $46.10M | $40.40M | $41.10M | $40.50M | $36.00M | $39.40M | $35.50M | $25.40M | $20.81M | $18.68M | $19.75M | $21.11M | $19.28M | $22.60M | $22.60M | $24.91M | $36.43M | $35.77M |
| SG&A | $46.79M | $190.90M | $275.40M | $267.90M | $275.70M | $3.60M | $1.50M | $500000.00 | $800000.00 | $76.00M | $65.90M | $57.18M | $58.16M | $56.05M | $57.98M | $56.32M | $57.66M | $69.84M | $85.04M | $89.48M |
| Operating income | $2.32M | $-3.40M | $-7.70M | $-9.90M | $-54.30M | $-17.00M | $-5.00M | $6.00M | $-50.64M | $-26.00M | $-27.45M | $-985000.00 | $1.32M | $1.37M | $3.38M | $28.75M | $28.75M | $-24.62M | $-19.40M | $-10.57M |
| Operating margin | 1.0% | -0.7% | -1.1% | -1.5% | -11.3% | -3.8% | -1.1% | 1.3% | -14.6% | -7.7% | -10.2% | -0.4% | 0.5% | 0.6% | 1.4% | 9.5% | 9.5% | -7.1% | -4.8% | -2.4% |
| EBITDA | $9.74M | $14.70M | $22.40M | $-296.30M | $-93.30M | $-30.40M | $-5.50M | $9.80M | $-42.70M | $-18.00M | $-21.79M | $5.29M | $7.79M | $6.12M | $11.81M | $33.45M | $33.45M | $28.02M | $24.24M | $17.68M |
| EBITDA margin | 4.2% | 2.9% | 3.1% | -43.6% | -19.5% | -6.7% | -1.2% | 2.1% | -12.3% | -5.4% | -8.1% | 2.2% | 3.2% | 2.5% | 5.0% | 11.0% | 11.0% | 8.1% | 5.9% | 4.1% |
| EBIT | $2.32M | $-25.60M | $-11.30M | $-334.40M | $-131.80M | $-42.50M | $-12.70M | $3.20M | $-50.20M | $-25.60M | $-28.44M | $-555000.00 | $2.60M | $1.65M | $7.43M | $28.98M | $28.98M | $21.85M | $19.24M | $9.63M |
| Interest expense | $1.00M | $2.30M | $2.60M | $2.80M | $2.20M | $2.20M | $1.30M | $800000.00 | $389000.00 | $388000.00 | $104000.00 | $50000.00 | $29000.00 | $102000.00 | $54000.00 | $3.11M | $5.68M | $532000.00 | $2.34M | $6.06M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-2.30M | $-21.80M | $-11.90M | $-355.00M | $-130.20M | $-90.50M | $-24.10M | $-15.00M | $-51.10M | $-24.70M | $-29.91M | $-823000.00 | $1.84M | $9.74M | $257000.00 | $21.16M | $21.16M | $10.17M | $10.76M | $1.34M |
| Net income growth (YoY) | — | -849.1% | +45.4% | -2883.2% | +63.3% | +30.5% | +73.4% | +37.8% | -240.7% | +51.7% | -21.1% | +97.2% | +324.2% | +427.8% | -97.4% | +8133.5% | +0.0% | -51.9% | +5.8% | -87.5% |
| Profit margin | -1.0% | -4.3% | -1.7% | -52.2% | -27.2% | -20.0% | -5.4% | -3.2% | -14.7% | -7.4% | -11.1% | -0.3% | 0.8% | 4.0% | 0.1% | 7.0% | 7.0% | 3.0% | 2.6% | 0.3% |