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Side-by-side financial comparison of AVIAT NETWORKS, INC. (AVNW) and GOLAR LNG LTD (GLNG). Click either name above to swap in a different company.

GOLAR LNG LTD is the larger business by last-quarter revenue ($122.5M vs $111.5M, roughly 1.1× AVIAT NETWORKS, INC.). GOLAR LNG LTD runs the higher net margin — 25.7% vs 5.1%, a 20.6% gap on every dollar of revenue. On growth, GOLAR LNG LTD posted the faster year-over-year revenue change (89.1% vs -5.7%).

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.

Golar LNG owns and operates marine LNG infrastructure. The company had developed Floating LNG liquefaction terminal (FLNG) and Floating Storage and Regasification Unit (FSRU) projects based on the conversion of existing LNG carriers. Front End Engineering and Design (FEED) studies have now been completed for a larger newbuild FLNG solution. Golar is also collaborating with another industry leader to investigate solutions for the floating production of blue and green ammonia as well as carbon ...

AVNW vs GLNG — Head-to-Head

Bigger by revenue
GLNG
GLNG
1.1× larger
GLNG
$122.5M
$111.5M
AVNW
Growing faster (revenue YoY)
GLNG
GLNG
+94.8% gap
GLNG
89.1%
-5.7%
AVNW
Higher net margin
GLNG
GLNG
20.6% more per $
GLNG
25.7%
5.1%
AVNW

Income Statement — Q2 FY2026 vs Q3 FY2025

Metric
AVNW
AVNW
GLNG
GLNG
Revenue
$111.5M
$122.5M
Net Profit
$5.7M
$31.5M
Gross Margin
32.4%
Operating Margin
6.5%
39.4%
Net Margin
5.1%
25.7%
Revenue YoY
-5.7%
89.1%
Net Profit YoY
27.2%
190.5%
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.

Revenue
AVNW
AVNW
GLNG
GLNG
Q4 25
$111.5M
Q3 25
$107.3M
$122.5M
Q2 25
$115.3M
Q1 25
$112.6M
Q4 24
$118.2M
Q3 24
$88.4M
$64.8M
Q2 24
$116.7M
Q1 24
$110.8M
Net Profit
AVNW
AVNW
GLNG
GLNG
Q4 25
$5.7M
Q3 25
$162.0K
$31.5M
Q2 25
$5.2M
Q1 25
$3.5M
Q4 24
$4.5M
Q3 24
$-11.9M
$-34.8M
Q2 24
$1.5M
Q1 24
$3.9M
Gross Margin
AVNW
AVNW
GLNG
GLNG
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
GLNG
GLNG
Q4 25
6.5%
Q3 25
4.8%
39.4%
Q2 25
7.7%
Q1 25
8.3%
Q4 24
6.7%
Q3 24
-17.6%
-43.7%
Q2 24
4.7%
Q1 24
5.1%
Net Margin
AVNW
AVNW
GLNG
GLNG
Q4 25
5.1%
Q3 25
0.2%
25.7%
Q2 25
4.5%
Q1 25
3.1%
Q4 24
3.8%
Q3 24
-13.4%
-53.7%
Q2 24
1.3%
Q1 24
3.5%
EPS (diluted)
AVNW
AVNW
GLNG
GLNG
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
AVNW
AVNW
GLNG
GLNG
Cash + ST InvestmentsLiquidity on hand
$86.5M
$611.2M
Total DebtLower is stronger
$105.4M
$1.9B
Stockholders' EquityBook value
$271.6M
$1.9B
Total Assets
$659.4M
$4.7B
Debt / EquityLower = less leverage
0.39×
1.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNW
AVNW
GLNG
GLNG
Q4 25
$86.5M
Q3 25
$64.8M
$611.2M
Q2 25
$59.7M
Q1 25
$49.4M
Q4 24
$52.6M
Q3 24
$51.0M
$732.1M
Q2 24
$64.6M
Q1 24
$59.2M
Total Debt
AVNW
AVNW
GLNG
GLNG
Q4 25
$105.4M
Q3 25
$106.5M
$1.9B
Q2 25
$87.6M
Q1 25
$73.9M
Q4 24
$74.9M
Q3 24
$83.4M
$1.4B
Q2 24
$48.4M
Q1 24
$48.9M
Stockholders' Equity
AVNW
AVNW
GLNG
GLNG
Q4 25
$271.6M
Q3 25
$263.6M
$1.9B
Q2 25
$263.2M
Q1 25
$256.1M
Q4 24
$249.6M
Q3 24
$247.1M
$2.0B
Q2 24
$255.9M
Q1 24
$256.0M
Total Assets
AVNW
AVNW
GLNG
GLNG
Q4 25
$659.4M
Q3 25
$643.3M
$4.7B
Q2 25
$633.3M
Q1 25
$628.3M
Q4 24
$594.1M
Q3 24
$590.9M
$4.3B
Q2 24
$535.2M
Q1 24
$490.3M
Debt / Equity
AVNW
AVNW
GLNG
GLNG
Q4 25
0.39×
Q3 25
0.40×
1.01×
Q2 25
0.33×
Q1 25
0.29×
Q4 24
0.30×
Q3 24
0.34×
0.70×
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
GLNG
GLNG
Operating Cash FlowLast quarter
$23.9M
$149.0M
Free Cash FlowOCF − Capex
$22.5M
FCF MarginFCF / Revenue
20.2%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
4.18×
4.73×
TTM Free Cash FlowTrailing 4 quarters
$16.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNW
AVNW
GLNG
GLNG
Q4 25
$23.9M
Q3 25
$-11.7M
$149.0M
Q2 25
$10.5M
Q1 25
$1.6M
Q4 24
$20.8M
Q3 24
$-27.2M
$62.6M
Q2 24
$8.3M
Q1 24
$15.3M
Free Cash Flow
AVNW
AVNW
GLNG
GLNG
Q4 25
$22.5M
Q3 25
$-13.5M
Q2 25
$8.2M
Q1 25
$-1.2M
Q4 24
$18.3M
Q3 24
$-32.6M
Q2 24
$7.5M
Q1 24
$14.8M
FCF Margin
AVNW
AVNW
GLNG
GLNG
Q4 25
20.2%
Q3 25
-12.6%
Q2 25
7.1%
Q1 25
-1.0%
Q4 24
15.5%
Q3 24
-36.8%
Q2 24
6.4%
Q1 24
13.4%
Capex Intensity
AVNW
AVNW
GLNG
GLNG
Q4 25
1.3%
Q3 25
1.6%
Q2 25
2.0%
Q1 25
2.5%
Q4 24
2.1%
Q3 24
6.1%
Q2 24
0.7%
Q1 24
0.4%
Cash Conversion
AVNW
AVNW
GLNG
GLNG
Q4 25
4.18×
Q3 25
-72.48×
4.73×
Q2 25
2.02×
Q1 25
0.46×
Q4 24
4.62×
Q3 24
Q2 24
5.37×
Q1 24
3.96×

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%

GLNG
GLNG

Segment breakdown not available.

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