AVIAT NETWORKS, INC.
AVNWNasdaq
$20.79
↑ +0.3%Jul 17 close · end-of-day
Price
1Y↓ -10.5%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$268.5M
Enterprise Value
$294.6M
P/E
29.3
P/S
0.6
P/B
1.0
EV/EBITDA
11.5
PEG
—
FCF Yield
4.4%
Dividend Yield
—
Revenue (TTM)
$434.1M
Net Income (TTM)
$9.0M
Free Cash Flow (TTM)
$11.9M
Gross Margin
32.4%
Operating Margin
5.1%
Net Margin
2.1%
ROE
3.3%
ROIC
3.7%
Debt / Equity
0.4
Net Cash
-$26.1M
Return 1Y
-12.1%
Company profile
Aviat Networks, Inc. provides wireless transport solutions worldwide. 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.
- CEO
- Peter A. Smith
- Sector
- Manufacturing
- Industry
- Electronic Equipment
- Employees
- 710
- Headquarters
- Texas
- Website
- aviatnetworks.com
Management & directors
- Croke GarySVP of Product and Innovation
- Smith Pete APresident and CEO
- Schmidt Andrew CSVP, Chief Financial Officer
- Boase ErinVP Legal Affairs
- Fredrickson Andrew MichaelInterim CFO
Roles derived from SEC Form 4 filings.
Earnings
AVNW Q3 2026 Earnings
Period ends 2026-03-27
MetricActualYoY
Revenue$100.0M↓ -11.2%
Diluted EPS-$0.16↓ -159.3%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $274.9M | $303.0M | $344.4M | $408.1M | $434.6M |
| Gross profit | $102.6M | $109.2M | $122.4M | $144.7M | $139.4M |
| Operating income | $22.2M | $28.7M | $24.6M | $19.4M | $10.6M |
| Net income | $110.1M | $21.2M | $10.2M | $10.8M | $1.3M |
| Diluted EPS | $9.42 | $1.79 | $0.86 | $0.86 | $0.10 |
| Operating cash flow | $17.3M | $2.8M | -$1.6M | $30.5M | $5.7M |
| Free cash flow | $14.5M | $997,000.00 | -$7.0M | $27.9M | -$7.2M |
| Gross margin | 37.3% | 36.1% | 35.5% | 35.5% | 32.1% |
| Operating margin | 8.1% | 9.5% | 7.1% | 4.8% | 2.4% |
| Net margin | 40.1% | 7.0% | 3.0% | 2.6% | 0.3% |
| Line item | Q4 '24 | Q1 '24 | Q2 '24 | Q3 '25 | Q4 '25 | Q1 '25 | Q2 '25 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $116.7M | $88.4M | $118.2M | $112.6M | $115.3M | $107.3M | $111.5M | $100.0M |
| Gross profit | $41.1M | $19.8M | $40.9M | $39.3M | $39.5M | $35.7M | $36.1M | $29.3M |
| Operating income | $5.5M | -$15.6M | $8.0M | $9.3M | $8.9M | $5.2M | $7.3M | $939,000.00 |
| Net income | $1.5M | -$11.9M | $4.5M | $3.5M | $5.2M | $162,000.00 | $5.7M | -$2.1M |
| Diluted EPS | $0.11 | -$0.94 | $0.35 | $0.27 | $0.42 | $0.01 | $0.44 | -$0.16 |
| Operating cash flow | $8.3M | -$27.2M | $20.8M | $1.6M | $10.5M | -$11.7M | $23.9M | -$1.7M |
| Free cash flow | $7.5M | -$32.6M | $18.3M | -$1.2M | $8.2M | -$13.5M | $22.5M | -$5.4M |
| Gross margin | 35.3% | 22.4% | 34.6% | 34.9% | 34.2% | 33.2% | 32.4% | 29.3% |
| Operating margin | 4.7% | -17.6% | 6.7% | 8.3% | 7.7% | 4.8% | 6.5% | 0.9% |
| Net margin | 1.3% | -13.4% | 3.8% | 3.1% | 4.5% | 0.2% | 5.1% | -2.1% |
Company news
Jul 7, 2026
Jun 30, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-07 | Croke Gary· SVP of Product and Innovation | Tax withholding | 1,968 | $20.54 | $40,422.72 | filing |
| 2026-02-09 | SMITH PETE A· President and CEO | Sale | 17,086 | $26.33 | $449,812.87 | filing |
| 2026-02-09 | SMITH PETE A· President and CEO | Option exercise | 26,386 | $11.00 | $290,246.00 | filing |
| 2026-02-06 | Croke Gary· SVP of Product and Innovation | Sale | 6,914 | $26.20 | $181,173.76 | filing |
| 2026-02-06 | Croke Gary· SVP of Product and Innovation | Option exercise | 6,914 | $7.23 | $49,988.22 | filing |
| 2025-12-03 | Schmidt Andrew C· SVP, Chief Financial Officer | Award | 15,647 | $0.00 | $0.00 | filing |
| 2025-11-11 | SMITH PETE A· President and CEO | Sale | 5,350 | $23.39 | $125,136.50 | filing |
| 2025-11-11 | TATEN BRUCE M. | Sale | 3,268 | $23.39 | $76,438.52 | filing |
| 2025-11-07 | TATEN BRUCE M. | Award | 5,480 | $0.00 | $0.00 | filing |
| 2025-11-07 | MUTCH JOHN | Award | 5,480 | $0.00 | $0.00 | filing |
| 2025-11-07 | Klein Michele | Award | 5,480 | $0.00 | $0.00 | filing |
| 2025-11-07 | Halliday Scott K | Award | 5,480 | $0.00 | $0.00 | filing |
| 2025-11-07 | Akkaraju Laxmi | Award | 5,480 | $0.00 | $0.00 | filing |
| 2025-11-07 | Ingram Bryan | Award | 5,480 | $0.00 | $0.00 | filing |
| 2025-10-10 | SMITH PETE A· President and CEO | Tax withholding | 8,990 | $21.04 | $189,149.60 | filing |
| 2025-10-10 | Boase Erin· VP Legal Affairs | Tax withholding | 847 | $21.04 | $17,820.88 | filing |
| 2025-10-10 | Croke Gary· SVP of Product and Innovation | Tax withholding | 786 | $21.04 | $16,537.44 | filing |
| 2025-10-10 | Fredrickson Andrew Michael· Interim CFO | Tax withholding | 214 | $21.04 | $4,502.56 | filing |
| 2025-09-26 | Fredrickson Andrew Michael· Interim CFO | Award | 1,941 | $0.00 | $0.00 | filing |
| 2025-09-26 | Fredrickson Andrew Michael· Interim CFO | Award | 2,662 | $0.00 | $0.00 | filing |
| 2025-09-12 | SMITH PETE A· President and CEO | Award | 70,316 | $0.00 | $0.00 | filing |
| 2025-09-12 | Boase Erin· VP Legal Affairs | Award | 5,437 | $0.00 | $0.00 | filing |
| 2025-09-09 | SMITH PETE A· President and CEO | Tax withholding | 78 | $23.25 | $1,813.50 | filing |
| 2025-09-02 | Croke Gary· SVP of Product and Innovation | Sale | 6,742 | $22.41 | $151,090.24 | filing |
| 2025-09-02 | Croke Gary· SVP of Product and Innovation | Option exercise | 6,742 | $8.90 | $60,003.80 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.