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Side-by-side financial comparison of AVIAT NETWORKS, INC. (AVNW) and DocGo Inc. (DCGO). Click either name above to swap in a different company.
AVIAT NETWORKS, INC. is the larger business by last-quarter revenue ($111.5M vs $74.9M, roughly 1.5× DocGo Inc.). AVIAT NETWORKS, INC. runs the higher net margin — 5.1% vs -190.0%, a 195.1% gap on every dollar of revenue. On growth, AVIAT NETWORKS, INC. posted the faster year-over-year revenue change (-5.7% vs -38.0%). AVIAT NETWORKS, INC. produced more free cash flow last quarter ($22.5M vs $-12.0M). Over the past eight quarters, AVIAT NETWORKS, INC.'s revenue compounded faster (0.3% CAGR vs -37.5%).
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.
DocGo Inc. is a U.S.-headquartered mobile healthcare and on-demand medical service provider. It offers a range of solutions including in-home urgent care, diagnostic testing, telehealth consultations, and corporate wellness programs, serving individual patients, health systems, enterprise clients, and public sector organizations across North America.
AVNW vs DCGO — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $111.5M | $74.9M |
| Net Profit | $5.7M | $-142.3M |
| Gross Margin | 32.4% | — |
| Operating Margin | 6.5% | -139.6% |
| Net Margin | 5.1% | -190.0% |
| Revenue YoY | -5.7% | -38.0% |
| Net Profit YoY | 27.2% | -1761.4% |
| EPS (diluted) | $0.44 | $-1.36 |
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 | $74.9M | ||
| Q3 25 | $107.3M | $70.8M | ||
| Q2 25 | $115.3M | $80.4M | ||
| Q1 25 | $112.6M | $96.0M | ||
| Q4 24 | $118.2M | $120.8M | ||
| Q3 24 | $88.4M | $138.7M | ||
| Q2 24 | $116.7M | $164.9M | ||
| Q1 24 | $110.8M | $192.1M |
| Q4 25 | $5.7M | $-142.3M | ||
| Q3 25 | $162.0K | $-27.8M | ||
| Q2 25 | $5.2M | $-11.2M | ||
| Q1 25 | $3.5M | $-9.4M | ||
| Q4 24 | $4.5M | $-7.6M | ||
| Q3 24 | $-11.9M | $5.5M | ||
| Q2 24 | $1.5M | $6.5M | ||
| Q1 24 | $3.9M | $11.2M |
| 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% | — |
| Q4 25 | 6.5% | -139.6% | ||
| Q3 25 | 4.8% | -59.3% | ||
| Q2 25 | 7.7% | -21.7% | ||
| Q1 25 | 8.3% | -14.6% | ||
| Q4 24 | 6.7% | -6.2% | ||
| Q3 24 | -17.6% | 7.3% | ||
| Q2 24 | 4.7% | 6.2% | ||
| Q1 24 | 5.1% | 8.3% |
| Q4 25 | 5.1% | -190.0% | ||
| Q3 25 | 0.2% | -39.2% | ||
| Q2 25 | 4.5% | -13.9% | ||
| Q1 25 | 3.1% | -9.8% | ||
| Q4 24 | 3.8% | -6.3% | ||
| Q3 24 | -13.4% | 4.0% | ||
| Q2 24 | 1.3% | 4.0% | ||
| Q1 24 | 3.5% | 5.8% |
| Q4 25 | $0.44 | $-1.36 | ||
| Q3 25 | $0.01 | $-0.28 | ||
| Q2 25 | $0.42 | $-0.11 | ||
| Q1 25 | $0.27 | $-0.09 | ||
| Q4 24 | $0.35 | $-0.03 | ||
| Q3 24 | $-0.94 | $0.05 | ||
| Q2 24 | $0.11 | $0.06 | ||
| Q1 24 | $0.30 | $0.10 |
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 | $51.0M |
| Total DebtLower is stronger | $105.4M | $235.6K |
| Stockholders' EquityBook value | $271.6M | $144.0M |
| Total Assets | $659.4M | $217.1M |
| Debt / EquityLower = less leverage | 0.39× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $86.5M | $51.0M | ||
| Q3 25 | $64.8M | $73.4M | ||
| Q2 25 | $59.7M | $104.2M | ||
| Q1 25 | $49.4M | $79.0M | ||
| Q4 24 | $52.6M | $89.2M | ||
| Q3 24 | $51.0M | $89.5M | ||
| Q2 24 | $64.6M | $66.1M | ||
| Q1 24 | $59.2M | $41.2M |
| Q4 25 | $105.4M | $235.6K | ||
| Q3 25 | $106.5M | $249.9K | ||
| Q2 25 | $87.6M | $12.6K | ||
| Q1 25 | $73.9M | $15.1K | ||
| Q4 24 | $74.9M | $17.7K | ||
| Q3 24 | $83.4M | $47.7K | ||
| Q2 24 | $48.4M | $52.8K | ||
| Q1 24 | $48.9M | $60.1K |
| Q4 25 | $271.6M | $144.0M | ||
| Q3 25 | $263.6M | $270.5M | ||
| Q2 25 | $263.2M | $297.3M | ||
| Q1 25 | $256.1M | $309.3M | ||
| Q4 24 | $249.6M | $320.9M | ||
| Q3 24 | $247.1M | $325.2M | ||
| Q2 24 | $255.9M | $315.2M | ||
| Q1 24 | $256.0M | $311.3M |
| Q4 25 | $659.4M | $217.1M | ||
| Q3 25 | $643.3M | $353.8M | ||
| Q2 25 | $633.3M | $408.3M | ||
| Q1 25 | $628.3M | $430.8M | ||
| Q4 24 | $594.1M | $455.6M | ||
| Q3 24 | $590.9M | $493.9M | ||
| Q2 24 | $535.2M | $488.2M | ||
| Q1 24 | $490.3M | $490.7M |
| Q4 25 | 0.39× | 0.00× | ||
| Q3 25 | 0.40× | 0.00× | ||
| Q2 25 | 0.33× | 0.00× | ||
| Q1 25 | 0.29× | 0.00× | ||
| Q4 24 | 0.30× | 0.00× | ||
| Q3 24 | 0.34× | 0.00× | ||
| Q2 24 | 0.19× | 0.00× | ||
| Q1 24 | 0.19× | 0.00× |
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 | $-10.5M |
| Free Cash FlowOCF − Capex | $22.5M | $-12.0M |
| FCF MarginFCF / Revenue | 20.2% | -16.0% |
| Capex IntensityCapex / Revenue | 1.3% | 2.0% |
| Cash ConversionOCF / Net Profit | 4.18× | — |
| TTM Free Cash FlowTrailing 4 quarters | $16.1M | $29.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.9M | $-10.5M | ||
| Q3 25 | $-11.7M | $1.7M | ||
| Q2 25 | $10.5M | $33.6M | ||
| Q1 25 | $1.6M | $9.7M | ||
| Q4 24 | $20.8M | $12.7M | ||
| Q3 24 | $-27.2M | $31.1M | ||
| Q2 24 | $8.3M | $36.9M | ||
| Q1 24 | $15.3M | $-10.6M |
| Q4 25 | $22.5M | $-12.0M | ||
| Q3 25 | $-13.5M | $782.6K | ||
| Q2 25 | $8.2M | $32.9M | ||
| Q1 25 | $-1.2M | $8.2M | ||
| Q4 24 | $18.3M | $12.0M | ||
| Q3 24 | $-32.6M | $30.2M | ||
| Q2 24 | $7.5M | $35.9M | ||
| Q1 24 | $14.8M | $-11.6M |
| Q4 25 | 20.2% | -16.0% | ||
| Q3 25 | -12.6% | 1.1% | ||
| Q2 25 | 7.1% | 40.9% | ||
| Q1 25 | -1.0% | 8.5% | ||
| Q4 24 | 15.5% | 9.9% | ||
| Q3 24 | -36.8% | 21.8% | ||
| Q2 24 | 6.4% | 21.7% | ||
| Q1 24 | 13.4% | -6.0% |
| Q4 25 | 1.3% | 2.0% | ||
| Q3 25 | 1.6% | 1.2% | ||
| Q2 25 | 2.0% | 0.9% | ||
| Q1 25 | 2.5% | 1.5% | ||
| Q4 24 | 2.1% | 0.6% | ||
| Q3 24 | 6.1% | 0.7% | ||
| Q2 24 | 0.7% | 0.6% | ||
| Q1 24 | 0.4% | 0.5% |
| Q4 25 | 4.18× | — | ||
| Q3 25 | -72.48× | — | ||
| Q2 25 | 2.02× | — | ||
| Q1 25 | 0.46× | — | ||
| Q4 24 | 4.62× | — | ||
| Q3 24 | — | 5.67× | ||
| Q2 24 | 5.37× | 5.65× | ||
| Q1 24 | 3.96× | -0.95× |
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% |
DCGO
| Transportation Services Segment | $50.2M | 67% |
| Mobile Health Services Segment | $24.8M | 33% |
