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Side-by-side financial comparison of AVIAT NETWORKS, INC. (AVNW) and CONSUMER PORTFOLIO SERVICES, INC. (CPSS). Click either name above to swap in a different company.

AVIAT NETWORKS, INC. is the larger business by last-quarter revenue ($111.5M vs $109.4M, roughly 1.0× CONSUMER PORTFOLIO SERVICES, INC.). AVIAT NETWORKS, INC. runs the higher net margin — 5.1% vs 4.6%, a 0.6% gap on every dollar of revenue. On growth, CONSUMER PORTFOLIO SERVICES, INC. posted the faster year-over-year revenue change (3.9% vs -5.7%). CONSUMER PORTFOLIO SERVICES, INC. produced more free cash flow last quarter ($288.3M vs $22.5M). Over the past eight quarters, CONSUMER PORTFOLIO SERVICES, INC.'s revenue compounded faster (9.2% 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.

Consumer Portfolio Services, Inc. is a U.S. specialty finance firm providing indirect auto loan financing and servicing for consumers with limited or subprime credit. It partners with franchised and independent car dealerships nationwide to originate installment contracts for new and used vehicle purchases.

AVNW vs CPSS — Head-to-Head

Bigger by revenue
AVNW
AVNW
1.0× larger
AVNW
$111.5M
$109.4M
CPSS
Growing faster (revenue YoY)
CPSS
CPSS
+9.6% gap
CPSS
3.9%
-5.7%
AVNW
Higher net margin
AVNW
AVNW
0.6% more per $
AVNW
5.1%
4.6%
CPSS
More free cash flow
CPSS
CPSS
$265.8M more FCF
CPSS
$288.3M
$22.5M
AVNW
Faster 2-yr revenue CAGR
CPSS
CPSS
Annualised
CPSS
9.2%
0.3%
AVNW

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
AVNW
AVNW
CPSS
CPSS
Revenue
$111.5M
$109.4M
Net Profit
$5.7M
$5.0M
Gross Margin
32.4%
Operating Margin
6.5%
6.6%
Net Margin
5.1%
4.6%
Revenue YoY
-5.7%
3.9%
Net Profit YoY
27.2%
-3.2%
EPS (diluted)
$0.44
$0.21

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.

Revenue
AVNW
AVNW
CPSS
CPSS
Q4 25
$111.5M
$109.4M
Q3 25
$107.3M
$108.4M
Q2 25
$115.3M
$109.8M
Q1 25
$112.6M
$106.9M
Q4 24
$118.2M
$105.3M
Q3 24
$88.4M
$100.6M
Q2 24
$116.7M
$95.9M
Q1 24
$110.8M
$91.7M
Net Profit
AVNW
AVNW
CPSS
CPSS
Q4 25
$5.7M
$5.0M
Q3 25
$162.0K
$4.9M
Q2 25
$5.2M
$4.8M
Q1 25
$3.5M
$4.7M
Q4 24
$4.5M
$5.1M
Q3 24
$-11.9M
$4.8M
Q2 24
$1.5M
$4.7M
Q1 24
$3.9M
$4.6M
Gross Margin
AVNW
AVNW
CPSS
CPSS
Q4 25
32.4%
Q3 25
33.2%
Q2 25
34.2%
Q1 25
34.9%
Q4 24
34.6%
Q3 24
22.4%
Q2 24
35.3%
Q1 24
32.5%
Operating Margin
AVNW
AVNW
CPSS
CPSS
Q4 25
6.5%
6.6%
Q3 25
4.8%
6.5%
Q2 25
7.7%
6.3%
Q1 25
8.3%
6.4%
Q4 24
6.7%
7.0%
Q3 24
-17.6%
6.8%
Q2 24
4.7%
7.0%
Q1 24
5.1%
7.1%
Net Margin
AVNW
AVNW
CPSS
CPSS
Q4 25
5.1%
4.6%
Q3 25
0.2%
4.5%
Q2 25
4.5%
4.4%
Q1 25
3.1%
4.4%
Q4 24
3.8%
4.9%
Q3 24
-13.4%
4.8%
Q2 24
1.3%
4.9%
Q1 24
3.5%
5.0%
EPS (diluted)
AVNW
AVNW
CPSS
CPSS
Q4 25
$0.44
$0.21
Q3 25
$0.01
$0.20
Q2 25
$0.42
$0.20
Q1 25
$0.27
$0.19
Q4 24
$0.35
$0.21
Q3 24
$-0.94
$0.20
Q2 24
$0.11
$0.19
Q1 24
$0.30
$0.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVNW
AVNW
CPSS
CPSS
Cash + ST InvestmentsLiquidity on hand
$86.5M
$6.3M
Total DebtLower is stronger
$105.4M
Stockholders' EquityBook value
$271.6M
$309.5M
Total Assets
$659.4M
$3.9B
Debt / EquityLower = less leverage
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNW
AVNW
CPSS
CPSS
Q4 25
$86.5M
$6.3M
Q3 25
$64.8M
$9.4M
Q2 25
$59.7M
$15.8M
Q1 25
$49.4M
$29.8M
Q4 24
$52.6M
$11.7M
Q3 24
$51.0M
$8.1M
Q2 24
$64.6M
$9.8M
Q1 24
$59.2M
$13.2M
Total Debt
AVNW
AVNW
CPSS
CPSS
Q4 25
$105.4M
Q3 25
$106.5M
Q2 25
$87.6M
Q1 25
$73.9M
Q4 24
$74.9M
Q3 24
$83.4M
Q2 24
$48.4M
Q1 24
$48.9M
Stockholders' Equity
AVNW
AVNW
CPSS
CPSS
Q4 25
$271.6M
$309.5M
Q3 25
$263.6M
$307.6M
Q2 25
$263.2M
$303.1M
Q1 25
$256.1M
$298.4M
Q4 24
$249.6M
$292.8M
Q3 24
$247.1M
$285.1M
Q2 24
$255.9M
$280.3M
Q1 24
$256.0M
$279.1M
Total Assets
AVNW
AVNW
CPSS
CPSS
Q4 25
$659.4M
$3.9B
Q3 25
$643.3M
$3.8B
Q2 25
$633.3M
$3.8B
Q1 25
$628.3M
$3.7B
Q4 24
$594.1M
$3.5B
Q3 24
$590.9M
$3.5B
Q2 24
$535.2M
$3.3B
Q1 24
$490.3M
$3.0B
Debt / Equity
AVNW
AVNW
CPSS
CPSS
Q4 25
0.39×
Q3 25
0.40×
Q2 25
0.33×
Q1 25
0.29×
Q4 24
0.30×
Q3 24
0.34×
Q2 24
0.19×
Q1 24
0.19×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVNW
AVNW
CPSS
CPSS
Operating Cash FlowLast quarter
$23.9M
$289.0M
Free Cash FlowOCF − Capex
$22.5M
$288.3M
FCF MarginFCF / Revenue
20.2%
263.5%
Capex IntensityCapex / Revenue
1.3%
0.6%
Cash ConversionOCF / Net Profit
4.18×
58.02×
TTM Free Cash FlowTrailing 4 quarters
$16.1M
$500.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNW
AVNW
CPSS
CPSS
Q4 25
$23.9M
$289.0M
Q3 25
$-11.7M
$84.9M
Q2 25
$10.5M
$54.5M
Q1 25
$1.6M
$73.9M
Q4 24
$20.8M
$233.8M
Q3 24
$-27.2M
$69.8M
Q2 24
$8.3M
$43.3M
Q1 24
$15.3M
$52.7M
Free Cash Flow
AVNW
AVNW
CPSS
CPSS
Q4 25
$22.5M
$288.3M
Q3 25
$-13.5M
$84.9M
Q2 25
$8.2M
$54.3M
Q1 25
$-1.2M
$73.4M
Q4 24
$18.3M
$233.3M
Q3 24
$-32.6M
$69.7M
Q2 24
$7.5M
$43.1M
Q1 24
$14.8M
$52.6M
FCF Margin
AVNW
AVNW
CPSS
CPSS
Q4 25
20.2%
263.5%
Q3 25
-12.6%
78.3%
Q2 25
7.1%
49.5%
Q1 25
-1.0%
68.7%
Q4 24
15.5%
221.6%
Q3 24
-36.8%
69.3%
Q2 24
6.4%
45.0%
Q1 24
13.4%
57.3%
Capex Intensity
AVNW
AVNW
CPSS
CPSS
Q4 25
1.3%
0.6%
Q3 25
1.6%
0.0%
Q2 25
2.0%
0.1%
Q1 25
2.5%
0.4%
Q4 24
2.1%
0.4%
Q3 24
6.1%
0.1%
Q2 24
0.7%
0.2%
Q1 24
0.4%
0.1%
Cash Conversion
AVNW
AVNW
CPSS
CPSS
Q4 25
4.18×
58.02×
Q3 25
-72.48×
17.50×
Q2 25
2.02×
11.35×
Q1 25
0.46×
15.74×
Q4 24
4.62×
45.43×
Q3 24
14.55×
Q2 24
5.37×
9.27×
Q1 24
3.96×
11.48×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVNW
AVNW

Products$81.2M73%
Services$30.3M27%

CPSS
CPSS

Segment breakdown not available.

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