AVNET INCAVTEarnings & Financial Report
Avnet, Inc. is a distributor of electronic components headquartered in Phoenix, Arizona, named after Charles Avnet, who founded the company in 1921. After its start on Manhattan's Radio Row, the company became incorporated in 1955 and began trading on the New York Stock Exchange in 1961. On May 8, 2018, Avnet changed stock markets to Nasdaq, trading under the same ticker AVT.
Revenue
$5.3B
Gross Profit
$587.9M
Operating Profit
$143.3M
Net Profit
$87.9M
Gross Margin
11.1%
Operating Margin
2.7%
Net Margin
1.7%
YoY Growth
-6.0%
EPS
$1.01
AVNET INC Q3 FY2025 Financial Summary
AVNET INC reported revenue of $5.3B (down 6.0% YoY) for Q3 FY2025, with a net profit of $87.9M (down 1.0% YoY) (1.7% margin). Cost of goods sold was $4.7B, operating expenses totaled $444.6M.
Key Financial Metrics
| Total Revenue | $5.3B |
|---|---|
| Net Profit | $87.9M |
| Gross Margin | 11.1% |
| Operating Margin | 2.7% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
AVNET INC Q3 FY2025 revenue of $5.3B breaks down across 2 segments, led by Electronic Components at $4.9B (93.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Electronic Components | $4.9B | 93.1% |
| Premier Farnell | $366.7M | 6.9% |
AVNET INC Revenue by Segment — Quarterly Trend
AVNET INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Electronic Components and Premier Farnell) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Electronic Components | $5.9B | $5.5B | $5.2B | $4.9B |
| Premier Farnell | $427.1M | $398.9M | $386.5M | $366.7M |
AVNET INC Annual Revenue by Year
AVNET INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $22.2B).
| Year | Annual Revenue |
|---|---|
| 2025 | $22.2B |
| 2024 | $23.8B |
| 2022 | $24.3B |
AVNET INC Quarterly Revenue & Net Profit History
AVNET INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $6.3B | +11.6% | $61.7M | 1.0% |
| Q1 FY2026 | $5.9B | +5.3% | $51.7M | 0.9% |
| Q4 FY2025 | $5.6B | +1.0% | $6.1M | 0.1% |
| Q3 FY2025 | $5.3B | -6.0% | $87.9M | 1.7% |
| Q2 FY2025 | $5.7B | -8.7% | $87.3M | 1.5% |
| Q1 FY2025 | $5.6B | -11.5% | $59.0M | 1.1% |
| Q4 FY2024 | $5.6B | -14.6% | $82.7M | 1.5% |
| Q3 FY2024 | $5.7B | -10.8% | $88.8M | 1.6% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.65B | $5.56B | $5.60B | $5.66B | $5.32B | $5.62B | $5.90B | $6.32B |
| YoY Growth | -10.8% | -14.6% | -11.5% | -8.7% | -6.0% | 1.0% | 5.3% | 11.6% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $12.33B | $12.21B | $12.60B | $11.94B | $11.71B | $12.12B | $12.41B | $13.15B |
| Liabilities | $7.34B | $7.28B | $7.56B | $7.10B | $6.83B | $7.11B | $7.57B | $8.22B |
| Equity | $4.99B | $4.93B | $5.04B | $4.84B | $4.88B | $5.01B | $4.85B | $4.94B |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $499.3M | $274.3M | $106.3M | $337.8M | $140.9M | $139.5M | $-144.6M | $208.2M |