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Side-by-side financial comparison of AVIAT NETWORKS, INC. (AVNW) and BRIDGFORD FOODS CORP (BRID). Click either name above to swap in a different company.
AVIAT NETWORKS, INC. is the larger business by last-quarter revenue ($111.5M vs $75.8M, roughly 1.5× BRIDGFORD FOODS CORP). AVIAT NETWORKS, INC. runs the higher net margin — 5.1% vs -8.9%, a 14.0% gap on every dollar of revenue. AVIAT NETWORKS, INC. produced more free cash flow last quarter ($22.5M vs $-1.8M). Over the past eight quarters, BRIDGFORD FOODS CORP's revenue compounded faster (18.3% CAGR vs 0.3%).
Aviat Networks, Inc. is a global provider of microwave transport and backhaul solutions, providing public and private operators with communications infrastructure to serve telecommunications operators and enterprise customers.
Bridgford Foods Corp is a US-based food manufacturer and distributor offering frozen sandwiches, baked goods, jerky, meat snacks, and refrigerated meal items. It serves retail chains, convenience stores, foodservice operators and institutional clients across North America, focusing on delivering high-quality, convenient food solutions for daily consumption.
AVNW vs BRID — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $111.5M | $75.8M |
| Net Profit | $5.7M | $-6.7M |
| Gross Margin | 32.4% | 13.2% |
| Operating Margin | 6.5% | -12.8% |
| Net Margin | 5.1% | -8.9% |
| Revenue YoY | -5.7% | — |
| Net Profit YoY | 27.2% | — |
| EPS (diluted) | $0.44 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $111.5M | $75.8M | ||
| Q3 25 | $107.3M | $52.0M | ||
| Q2 25 | $115.3M | $50.6M | ||
| Q1 25 | $112.6M | $52.5M | ||
| Q4 24 | $118.2M | — | ||
| Q3 24 | $88.4M | $49.3M | ||
| Q2 24 | $116.7M | $47.3M | ||
| Q1 24 | $110.8M | $54.8M |
| Q4 25 | $5.7M | $-6.7M | ||
| Q3 25 | $162.0K | $-1.6M | ||
| Q2 25 | $5.2M | $-3.9M | ||
| Q1 25 | $3.5M | $-1.1M | ||
| Q4 24 | $4.5M | — | ||
| Q3 24 | $-11.9M | $-1.8M | ||
| Q2 24 | $1.5M | $-2.2M | ||
| Q1 24 | $3.9M | $1.2M |
| Q4 25 | 32.4% | 13.2% | ||
| Q3 25 | 33.2% | 20.5% | ||
| Q2 25 | 34.2% | 21.9% | ||
| Q1 25 | 34.9% | 24.5% | ||
| Q4 24 | 34.6% | — | ||
| Q3 24 | 22.4% | 22.8% | ||
| Q2 24 | 35.3% | 22.7% | ||
| Q1 24 | 32.5% | 29.2% |
| Q4 25 | 6.5% | -12.8% | ||
| Q3 25 | 4.8% | -7.4% | ||
| Q2 25 | 7.7% | -6.3% | ||
| Q1 25 | 8.3% | -3.8% | ||
| Q4 24 | 6.7% | — | ||
| Q3 24 | -17.6% | -6.9% | ||
| Q2 24 | 4.7% | -6.9% | ||
| Q1 24 | 5.1% | 1.8% |
| Q4 25 | 5.1% | -8.9% | ||
| Q3 25 | 0.2% | -3.2% | ||
| Q2 25 | 4.5% | -7.6% | ||
| Q1 25 | 3.1% | -2.1% | ||
| Q4 24 | 3.8% | — | ||
| Q3 24 | -13.4% | -3.6% | ||
| Q2 24 | 1.3% | -4.6% | ||
| Q1 24 | 3.5% | 2.3% |
| Q4 25 | $0.44 | — | ||
| Q3 25 | $0.01 | — | ||
| Q2 25 | $0.42 | — | ||
| Q1 25 | $0.27 | — | ||
| Q4 24 | $0.35 | — | ||
| Q3 24 | $-0.94 | — | ||
| Q2 24 | $0.11 | — | ||
| Q1 24 | $0.30 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $86.5M | $876.0K |
| Total DebtLower is stronger | $105.4M | $3.8M |
| Stockholders' EquityBook value | $271.6M | $115.5M |
| Total Assets | $659.4M | $147.2M |
| Debt / EquityLower = less leverage | 0.39× | 0.03× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $86.5M | $876.0K | ||
| Q3 25 | $64.8M | $3.4M | ||
| Q2 25 | $59.7M | $2.3M | ||
| Q1 25 | $49.4M | $4.7M | ||
| Q4 24 | $52.6M | — | ||
| Q3 24 | $51.0M | $15.9M | ||
| Q2 24 | $64.6M | $13.8M | ||
| Q1 24 | $59.2M | $12.6M |
| Q4 25 | $105.4M | $3.8M | ||
| Q3 25 | $106.5M | $4.1M | ||
| Q2 25 | $87.6M | $2.3M | ||
| Q1 25 | $73.9M | $2.6M | ||
| Q4 24 | $74.9M | — | ||
| Q3 24 | $83.4M | $3.1M | ||
| Q2 24 | $48.4M | $3.4M | ||
| Q1 24 | $48.9M | $3.7M |
| Q4 25 | $271.6M | $115.5M | ||
| Q3 25 | $263.6M | $121.5M | ||
| Q2 25 | $263.2M | $123.2M | ||
| Q1 25 | $256.1M | $127.0M | ||
| Q4 24 | $249.6M | — | ||
| Q3 24 | $247.1M | $126.8M | ||
| Q2 24 | $255.9M | $128.6M | ||
| Q1 24 | $256.0M | $130.8M |
| Q4 25 | $659.4M | $147.2M | ||
| Q3 25 | $643.3M | $152.7M | ||
| Q2 25 | $633.3M | $152.4M | ||
| Q1 25 | $628.3M | $153.4M | ||
| Q4 24 | $594.1M | — | ||
| Q3 24 | $590.9M | $163.9M | ||
| Q2 24 | $535.2M | $164.4M | ||
| Q1 24 | $490.3M | $166.8M |
| Q4 25 | 0.39× | 0.03× | ||
| Q3 25 | 0.40× | 0.03× | ||
| Q2 25 | 0.33× | 0.02× | ||
| Q1 25 | 0.29× | 0.02× | ||
| Q4 24 | 0.30× | — | ||
| Q3 24 | 0.34× | 0.02× | ||
| Q2 24 | 0.19× | 0.03× | ||
| Q1 24 | 0.19× | 0.03× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $23.9M | $-124.0K |
| Free Cash FlowOCF − Capex | $22.5M | $-1.8M |
| FCF MarginFCF / Revenue | 20.2% | -2.4% |
| Capex IntensityCapex / Revenue | 1.3% | 2.3% |
| Cash ConversionOCF / Net Profit | 4.18× | — |
| TTM Free Cash FlowTrailing 4 quarters | $16.1M | $-9.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.9M | $-124.0K | ||
| Q3 25 | $-11.7M | $-142.0K | ||
| Q2 25 | $10.5M | $-822.0K | ||
| Q1 25 | $1.6M | $-4.6M | ||
| Q4 24 | $20.8M | — | ||
| Q3 24 | $-27.2M | $2.2M | ||
| Q2 24 | $8.3M | $1.7M | ||
| Q1 24 | $15.3M | $-703.0K |
| Q4 25 | $22.5M | $-1.8M | ||
| Q3 25 | $-13.5M | $-448.0K | ||
| Q2 25 | $8.2M | $-1.9M | ||
| Q1 25 | $-1.2M | $-5.1M | ||
| Q4 24 | $18.3M | — | ||
| Q3 24 | $-32.6M | $1.5M | ||
| Q2 24 | $7.5M | $1.7M | ||
| Q1 24 | $14.8M | $-2.6M |
| Q4 25 | 20.2% | -2.4% | ||
| Q3 25 | -12.6% | -0.9% | ||
| Q2 25 | 7.1% | -3.7% | ||
| Q1 25 | -1.0% | -9.8% | ||
| Q4 24 | 15.5% | — | ||
| Q3 24 | -36.8% | 3.1% | ||
| Q2 24 | 6.4% | 3.6% | ||
| Q1 24 | 13.4% | -4.7% |
| Q4 25 | 1.3% | 2.3% | ||
| Q3 25 | 1.6% | 0.6% | ||
| Q2 25 | 2.0% | 2.1% | ||
| Q1 25 | 2.5% | 1.0% | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | 6.1% | 1.3% | ||
| Q2 24 | 0.7% | 0.0% | ||
| Q1 24 | 0.4% | 3.4% |
| Q4 25 | 4.18× | — | ||
| Q3 25 | -72.48× | — | ||
| Q2 25 | 2.02× | — | ||
| Q1 25 | 0.46× | — | ||
| Q4 24 | 4.62× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.37× | — | ||
| Q1 24 | 3.96× | -0.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AVNW
| Products | $81.2M | 73% |
| Services | $30.3M | 27% |
BRID
| Direct Store Delivery | $29.6M | 39% |
| Direct Customer Warehouse | $26.8M | 35% |
| Frozen Food Distributors | $19.4M | 26% |