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.
AVT Q2 FY2026 Key Financial Metrics
Revenue
$6.3B
Gross Profit
$663.0M
Operating Profit
$146.2M
Net Profit
$61.7M
Gross Margin
10.5%
Operating Margin
2.3%
Net Margin
1.0%
YoY Growth
11.6%
EPS
$0.75
AVNET INC Q2 FY2026 Financial Summary
AVNET INC reported revenue of $6.3B (up 11.6% YoY) for Q2 FY2026, with a net profit of $61.7M (down 29.2% YoY) (1.0% margin). Cost of goods sold was $5.7B, operating expenses totaled $516.8M.
Key Financial Metrics
| Total Revenue | $6.3B |
|---|---|
| Net Profit | $61.7M |
| Gross Margin | 10.5% |
| Operating Margin | 2.3% |
| Report Period | Q2 FY2026 |
Revenue Breakdown
AVNET INC Q2 FY2026 revenue of $6.3B breaks down across 2 segments, led by Electronic Components at $5.9B (93.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Electronic Components | $5.9B | 93.2% |
| Premier Farnell | $427.1M | 6.8% |
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).
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 |