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Side-by-side financial comparison of AVIAT NETWORKS, INC. (AVNW) and Origin Bancorp, Inc. (OBK). Click either name above to swap in a different company.
AVIAT NETWORKS, INC. is the larger business by last-quarter revenue ($111.5M vs $104.0M, roughly 1.1× Origin Bancorp, Inc.). Origin Bancorp, Inc. runs the higher net margin — 26.6% vs 5.1%, a 21.5% gap on every dollar of revenue. Over the past eight quarters, Origin Bancorp, Inc.'s revenue compounded faster (3.9% 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.
Southern Bancorp is a community development financial institution headquartered in Arkadelphia, Arkansas. It was founded in 1986 as Southern Development Bancorporation, and is often referred to simply as "Southern".
AVNW vs OBK — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $111.5M | $104.0M |
| Net Profit | $5.7M | $27.7M |
| Gross Margin | 32.4% | — |
| Operating Margin | 6.5% | — |
| Net Margin | 5.1% | 26.6% |
| Revenue YoY | -5.7% | — |
| Net Profit YoY | 27.2% | -6.2% |
| EPS (diluted) | $0.44 | $0.89 |
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.
| Q1 26 | — | $104.0M | ||
| Q4 25 | $111.5M | $103.4M | ||
| Q3 25 | $107.3M | $109.8M | ||
| Q2 25 | $115.3M | $83.5M | ||
| Q1 25 | $112.6M | $94.1M | ||
| Q4 24 | $118.2M | $78.3M | ||
| Q3 24 | $88.4M | $90.8M | ||
| Q2 24 | $116.7M | $96.4M |
| Q1 26 | — | $27.7M | ||
| Q4 25 | $5.7M | $29.5M | ||
| Q3 25 | $162.0K | $8.6M | ||
| Q2 25 | $5.2M | $14.6M | ||
| Q1 25 | $3.5M | $22.4M | ||
| Q4 24 | $4.5M | $14.3M | ||
| Q3 24 | $-11.9M | $18.6M | ||
| Q2 24 | $1.5M | $21.0M |
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | 6.5% | 36.2% | ||
| Q3 25 | 4.8% | 10.0% | ||
| Q2 25 | 7.7% | 22.3% | ||
| Q1 25 | 8.3% | 30.4% | ||
| Q4 24 | 6.7% | 23.0% | ||
| Q3 24 | -17.6% | 26.1% | ||
| Q2 24 | 4.7% | 27.7% |
| Q1 26 | — | 26.6% | ||
| Q4 25 | 5.1% | 28.5% | ||
| Q3 25 | 0.2% | 7.9% | ||
| Q2 25 | 4.5% | 17.5% | ||
| Q1 25 | 3.1% | 23.8% | ||
| Q4 24 | 3.8% | 18.2% | ||
| Q3 24 | -13.4% | 20.5% | ||
| Q2 24 | 1.3% | 21.8% |
| Q1 26 | — | $0.89 | ||
| Q4 25 | $0.44 | $0.95 | ||
| Q3 25 | $0.01 | $0.27 | ||
| Q2 25 | $0.42 | $0.47 | ||
| Q1 25 | $0.27 | $0.71 | ||
| Q4 24 | $0.35 | $0.45 | ||
| Q3 24 | $-0.94 | $0.60 | ||
| Q2 24 | $0.11 | $0.67 |
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 | — |
| Total DebtLower is stronger | $105.4M | — |
| Stockholders' EquityBook value | $271.6M | $1.3B |
| Total Assets | $659.4M | $10.2B |
| Debt / EquityLower = less leverage | 0.39× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $86.5M | $424.2M | ||
| Q3 25 | $64.8M | $626.9M | ||
| Q2 25 | $59.7M | $334.1M | ||
| Q1 25 | $49.4M | $486.2M | ||
| Q4 24 | $52.6M | $470.2M | ||
| Q3 24 | $51.0M | $321.2M | ||
| Q2 24 | $64.6M | $288.1M |
| Q1 26 | — | — | ||
| 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 26 | — | $1.3B | ||
| Q4 25 | $271.6M | $1.2B | ||
| Q3 25 | $263.6M | $1.2B | ||
| Q2 25 | $263.2M | $1.2B | ||
| Q1 25 | $256.1M | $1.2B | ||
| Q4 24 | $249.6M | $1.1B | ||
| Q3 24 | $247.1M | $1.1B | ||
| Q2 24 | $255.9M | $1.1B |
| Q1 26 | — | $10.2B | ||
| Q4 25 | $659.4M | $9.7B | ||
| Q3 25 | $643.3M | $9.8B | ||
| Q2 25 | $633.3M | $9.7B | ||
| Q1 25 | $628.3M | $9.8B | ||
| Q4 24 | $594.1M | $9.7B | ||
| Q3 24 | $590.9M | $10.0B | ||
| Q2 24 | $535.2M | $9.9B |
| Q1 26 | — | — | ||
| 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× | — |
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 | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $23.9M | $158.9M | ||
| Q3 25 | $-11.7M | $59.3M | ||
| Q2 25 | $10.5M | $20.6M | ||
| Q1 25 | $1.6M | $35.6M | ||
| Q4 24 | $20.8M | $108.5M | ||
| Q3 24 | $-27.2M | $39.6M | ||
| Q2 24 | $8.3M | $11.9M |
| Q1 26 | — | — | ||
| Q4 25 | $22.5M | $151.1M | ||
| Q3 25 | $-13.5M | $56.8M | ||
| Q2 25 | $8.2M | $19.6M | ||
| Q1 25 | $-1.2M | $34.8M | ||
| Q4 24 | $18.3M | $86.4M | ||
| Q3 24 | $-32.6M | $32.2M | ||
| Q2 24 | $7.5M | $6.5M |
| Q1 26 | — | — | ||
| Q4 25 | 20.2% | 146.0% | ||
| Q3 25 | -12.6% | 51.7% | ||
| Q2 25 | 7.1% | 23.5% | ||
| Q1 25 | -1.0% | 37.0% | ||
| Q4 24 | 15.5% | 110.3% | ||
| Q3 24 | -36.8% | 35.5% | ||
| Q2 24 | 6.4% | 6.8% |
| Q1 26 | — | — | ||
| Q4 25 | 1.3% | 7.6% | ||
| Q3 25 | 1.6% | 2.3% | ||
| Q2 25 | 2.0% | 1.2% | ||
| Q1 25 | 2.5% | 0.8% | ||
| Q4 24 | 2.1% | 28.1% | ||
| Q3 24 | 6.1% | 8.1% | ||
| Q2 24 | 0.7% | 5.6% |
| Q1 26 | — | — | ||
| Q4 25 | 4.18× | 5.38× | ||
| Q3 25 | -72.48× | 6.88× | ||
| Q2 25 | 2.02× | 1.41× | ||
| Q1 25 | 0.46× | 1.59× | ||
| Q4 24 | 4.62× | 7.60× | ||
| Q3 24 | — | 2.13× | ||
| Q2 24 | 5.37× | 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% |
OBK
| Net Interest Income | $87.2M | 84% |
| Noninterest Income | $16.8M | 16% |
