Avnet Quarterly Income Statement
NASDAQ: AVTTechnologyElectronic ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Avnet revenue and earnings
In the quarter ended Jun 27, 2026, Avnet generated $8.30 billion in revenue, up 47.7% from the same quarter a year earlier. Net income was $126.6 million (+1978.8% year over year), for a net margin of 1.5% versus a median of 1.0% in the prior 5 quarters. Gross margin was 10.4% (down from 10.6%) and operating margin 2.8%.
Diluted earnings per share came in at $1.51, up from $0.09.
Summary generated from market data by MetaCap's automated system. Methodology
Avnet income statement (quarterly)
| Quarter (USD) | Q4 20262026-06-27 | Q3 20262026-03-28 | Q2 20262025-12-27 | Q1 20262025-09-27 | Q4 20252025-06-28 | Q3 20252025-03-29 | Q2 20252024-12-28 | Q1 20252024-09-28 | Q4 20242024-06-29 | Q3 20242024-03-30 | Q2 20242023-12-30 | Q1 20242023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.30B | 7.12B | 6.32B | 5.90B | 5.62B | 5.32B | 5.66B | 5.60B | 5.56B | 5.65B | 6.20B | 6.34B |
| Revenue growth (YoY) | +47.66% | +33.95% | +11.58% | +5.25% | +0.99% | -5.98% | -8.73% | -11.55% | -15.13% | -13.22% | -7.63% | -6.14% |
| Cost of Revenue | 7.43B | 6.38B | 5.66B | 5.28B | 5.02B | 4.73B | 5.07B | 5.00B | 4.92B | 4.98B | 5.50B | 5.59B |
| Gross Profit | 865.03M | 739.06M | 663.04M | 614.76M | 593.68M | 587.85M | 596.05M | 607.37M | 642.88M | 669.27M | 706.18M | 748.11M |
| Operating Expenses | 634.01M | 533.53M | 516.84M | 472.73M | 520.23M | 444.60M | 440.73M | 465.14M | 478.69M | 479.12M | 469.93M | 494.34M |
| Selling, General & Admin | 547.51M | 518.79M | 491.67M | 464.44M | 451.17M | 435.49M | 436.93M | 438.79M | 450.27M | 467.27M | 464.69M | 487.29M |
| Operating Income | 231.02M | 205.53M | 146.20M | 142.03M | 73.45M | 143.25M | 155.33M | 142.22M | 164.19M | 190.15M | 236.26M | 253.77M |
| Interest Expense | 66.46M | 63.14M | 61.36M | 59.76M | 58.45M | 61.12M | 62.40M | 64.44M | 64.27M | 73.50M | 74.30M | 70.80M |
| Other Income (Expense) | -4.41M | -1.83M | 5.07M | -5.47M | -7.60M | -3.99M | -2.65M | -3.04M | 1.41M | -14.71M | -8.40M | 5.96M |
| Pretax Income | 160.16M | 140.57M | 89.91M | 76.80M | 7.40M | 78.14M | 90.28M | 74.74M | 101.32M | 101.95M | 153.56M | 275.43M |
| Income Tax | 33.58M | 46.24M | 28.17M | 25.06M | 1.31M | -9.78M | 3.03M | 15.78M | 18.66M | 13.11M | 35.63M | 66.16M |
| Net Income | 126.58M | 94.33M | 61.73M | 51.74M | 6.09M | 87.92M | 87.25M | 58.96M | 82.67M | 88.83M | 117.93M | 209.27M |
| Net Income growth (YoY) | +1978.81% | +7.29% | -29.25% | -12.23% | -92.63% | -1.03% | -26.01% | -71.83% | -46.76% | -52.60% | -51.65% | +13.57% |
| EPS (Basic) | 1.54 | 1.15 | 0.76 | 0.62 | 0.09 | 1.02 | 1.00 | 0.67 | 0.93 | 0.98 | 1.31 | 2.29 |
| EPS (Diluted) | 1.51 | 1.14 | 0.75 | 0.61 | 0.09 | 1.01 | 0.99 | 0.66 | 0.93 | 0.97 | 1.28 | 2.25 |
| Shares Outstanding (Basic) | — | 82.01M | 81.44M | 83.00M | — | 86.01M | 86.85M | 88.09M | — | 90.43M | 90.25M | 91.50M |
| Shares Outstanding (Diluted) | — | 82.93M | 82.79M | 84.46M | — | 86.88M | 88.33M | 89.39M | — | 91.26M | 91.79M | 93.18M |
| EBITDA | 253.58M | 224.29M | 164.83M | 158.87M | 91.76M | 159.65M | 172.36M | 162.11M | 186.75M | 211.57M | 257.47M | 275.29M |
| Gross Margin | 10.43% | 10.38% | 10.49% | 10.42% | 10.57% | 11.06% | 10.52% | 10.84% | 11.56% | 11.84% | 11.38% | 11.81% |
| Operating Margin | 2.78% | 2.89% | 2.31% | 2.41% | 131.00% | 2.70% | 2.74% | 2.54% | 2.95% | 3.36% | 3.81% | 4.01% |
| Net Margin | 1.53% | 132.00% | 98.00% | 88.00% | 11.00% | 1.65% | 1.54% | 105.00% | 149.00% | 1.57% | 1.90% | 3.30% |
This table shows 12 quarterly periods of Avnet's income statement, from Q4 2026 back to Q1 2024, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow AVT's reporting calendar. What is a income statement?