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Side-by-side financial comparison of AVIAT NETWORKS, INC. (AVNW) and LAKELAND FINANCIAL CORP (LKFN). Click either name above to swap in a different company.

AVIAT NETWORKS, INC. is the larger business by last-quarter revenue ($111.5M vs $69.7M, roughly 1.6× LAKELAND FINANCIAL CORP). LAKELAND FINANCIAL CORP runs the higher net margin — 38.0% vs 5.1%, a 32.9% gap on every dollar of revenue. Over the past eight quarters, LAKELAND FINANCIAL CORP's revenue compounded faster (0.7% 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.

Amscot Financial is an American financial services company headquartered in Tampa, Florida. Founded in 1989 by Ian MacKechnie, Amscot Financial provides non-bank consumer financial services through a network of retail branches located exclusively within Florida. Amscot's core services include check cashing, bill payment, prepaid access cards, payday loans, free money orders, ATMs in every branch, wire transfers, notary services, fax services, and postage. Amscot Financial operates nearly 240 ...

AVNW vs LKFN — Head-to-Head

Bigger by revenue
AVNW
AVNW
1.6× larger
AVNW
$111.5M
$69.7M
LKFN
Higher net margin
LKFN
LKFN
32.9% more per $
LKFN
38.0%
5.1%
AVNW
Faster 2-yr revenue CAGR
LKFN
LKFN
Annualised
LKFN
0.7%
0.3%
AVNW

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
AVNW
AVNW
LKFN
LKFN
Revenue
$111.5M
$69.7M
Net Profit
$5.7M
$26.5M
Gross Margin
32.4%
Operating Margin
6.5%
Net Margin
5.1%
38.0%
Revenue YoY
-5.7%
Net Profit YoY
27.2%
31.8%
EPS (diluted)
$0.44
$1.04

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
LKFN
LKFN
Q1 26
$69.7M
Q4 25
$111.5M
$69.8M
Q3 25
$107.3M
$69.0M
Q2 25
$115.3M
$66.4M
Q1 25
$112.6M
$63.8M
Q4 24
$118.2M
$63.6M
Q3 24
$88.4M
$61.2M
Q2 24
$116.7M
$68.7M
Net Profit
AVNW
AVNW
LKFN
LKFN
Q1 26
$26.5M
Q4 25
$5.7M
$29.9M
Q3 25
$162.0K
$26.4M
Q2 25
$5.2M
$27.0M
Q1 25
$3.5M
$20.1M
Q4 24
$4.5M
$24.2M
Q3 24
$-11.9M
$23.3M
Q2 24
$1.5M
$22.5M
Gross Margin
AVNW
AVNW
LKFN
LKFN
Q1 26
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%
Operating Margin
AVNW
AVNW
LKFN
LKFN
Q1 26
Q4 25
6.5%
52.1%
Q3 25
4.8%
46.4%
Q2 25
7.7%
49.6%
Q1 25
8.3%
38.0%
Q4 24
6.7%
46.0%
Q3 24
-17.6%
45.3%
Q2 24
4.7%
39.2%
Net Margin
AVNW
AVNW
LKFN
LKFN
Q1 26
38.0%
Q4 25
5.1%
42.8%
Q3 25
0.2%
38.3%
Q2 25
4.5%
40.6%
Q1 25
3.1%
31.5%
Q4 24
3.8%
38.1%
Q3 24
-13.4%
38.1%
Q2 24
1.3%
32.8%
EPS (diluted)
AVNW
AVNW
LKFN
LKFN
Q1 26
$1.04
Q4 25
$0.44
$1.16
Q3 25
$0.01
$1.03
Q2 25
$0.42
$1.04
Q1 25
$0.27
$0.78
Q4 24
$0.35
$0.94
Q3 24
$-0.94
$0.91
Q2 24
$0.11
$0.87

Balance Sheet & Financial Strength

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

Metric
AVNW
AVNW
LKFN
LKFN
Cash + ST InvestmentsLiquidity on hand
$86.5M
$85.6M
Total DebtLower is stronger
$105.4M
$183.6M
Stockholders' EquityBook value
$271.6M
$749.0M
Total Assets
$659.4M
$7.1B
Debt / EquityLower = less leverage
0.39×
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNW
AVNW
LKFN
LKFN
Q1 26
$85.6M
Q4 25
$86.5M
$141.3M
Q3 25
$64.8M
$192.8M
Q2 25
$59.7M
$310.2M
Q1 25
$49.4M
$235.2M
Q4 24
$52.6M
$168.2M
Q3 24
$51.0M
$160.2M
Q2 24
$64.6M
$121.2M
Total Debt
AVNW
AVNW
LKFN
LKFN
Q1 26
$183.6M
Q4 25
$105.4M
Q3 25
$106.5M
Q2 25
$87.6M
Q1 25
$73.9M
Q4 24
$74.9M
Q3 24
$83.4M
$30.0M
Q2 24
$48.4M
$55.0M
Stockholders' Equity
AVNW
AVNW
LKFN
LKFN
Q1 26
$749.0M
Q4 25
$271.6M
$762.4M
Q3 25
$263.6M
$747.4M
Q2 25
$263.2M
$709.9M
Q1 25
$256.1M
$694.4M
Q4 24
$249.6M
$683.8M
Q3 24
$247.1M
$699.1M
Q2 24
$255.9M
$654.5M
Total Assets
AVNW
AVNW
LKFN
LKFN
Q1 26
$7.1B
Q4 25
$659.4M
$7.0B
Q3 25
$643.3M
$6.9B
Q2 25
$633.3M
$7.0B
Q1 25
$628.3M
$6.9B
Q4 24
$594.1M
$6.7B
Q3 24
$590.9M
$6.6B
Q2 24
$535.2M
$6.6B
Debt / Equity
AVNW
AVNW
LKFN
LKFN
Q1 26
0.25×
Q4 25
0.39×
Q3 25
0.40×
Q2 25
0.33×
Q1 25
0.29×
Q4 24
0.30×
Q3 24
0.34×
0.04×
Q2 24
0.19×
0.08×

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
LKFN
LKFN
Operating Cash FlowLast quarter
$23.9M
Free Cash FlowOCF − Capex
$22.5M
FCF MarginFCF / Revenue
20.2%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
4.18×
TTM Free Cash FlowTrailing 4 quarters
$16.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNW
AVNW
LKFN
LKFN
Q1 26
Q4 25
$23.9M
$114.9M
Q3 25
$-11.7M
$36.1M
Q2 25
$10.5M
$16.2M
Q1 25
$1.6M
$28.9M
Q4 24
$20.8M
$102.5M
Q3 24
$-27.2M
$18.0M
Q2 24
$8.3M
$21.0M
Free Cash Flow
AVNW
AVNW
LKFN
LKFN
Q1 26
Q4 25
$22.5M
$103.8M
Q3 25
$-13.5M
$31.1M
Q2 25
$8.2M
$14.1M
Q1 25
$-1.2M
$27.1M
Q4 24
$18.3M
$93.9M
Q3 24
$-32.6M
$15.3M
Q2 24
$7.5M
$18.6M
FCF Margin
AVNW
AVNW
LKFN
LKFN
Q1 26
Q4 25
20.2%
148.7%
Q3 25
-12.6%
45.0%
Q2 25
7.1%
21.2%
Q1 25
-1.0%
42.5%
Q4 24
15.5%
147.6%
Q3 24
-36.8%
25.0%
Q2 24
6.4%
27.0%
Capex Intensity
AVNW
AVNW
LKFN
LKFN
Q1 26
Q4 25
1.3%
15.9%
Q3 25
1.6%
7.3%
Q2 25
2.0%
3.2%
Q1 25
2.5%
2.8%
Q4 24
2.1%
13.6%
Q3 24
6.1%
4.4%
Q2 24
0.7%
3.5%
Cash Conversion
AVNW
AVNW
LKFN
LKFN
Q1 26
Q4 25
4.18×
3.84×
Q3 25
-72.48×
1.37×
Q2 25
2.02×
0.60×
Q1 25
0.46×
1.44×
Q4 24
4.62×
4.24×
Q3 24
0.77×
Q2 24
5.37×
0.93×

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%

LKFN
LKFN

Net Interest Income$56.8M81%
Noninterest Income$12.9M19%

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