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Side-by-side financial comparison of AVIAT NETWORKS, INC. (AVNW) and OppFi Inc. (OPFI). Click either name above to swap in a different company.

AVIAT NETWORKS, INC. is the larger business by last-quarter revenue ($111.5M vs $85.6M, roughly 1.3× OppFi Inc.). OppFi Inc. runs the higher net margin — 19.7% vs 5.1%, a 14.6% gap on every dollar of revenue. On growth, OppFi Inc. posted the faster year-over-year revenue change (5.9% vs -5.7%). OppFi Inc. produced more free cash flow last quarter ($382.2M vs $22.5M). Over the past eight quarters, OppFi Inc.'s revenue compounded faster (16.3% 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.

OppFi Inc. is a US-headquartered financial technology firm that provides responsible, accessible financial solutions including installment loans, credit-building tools and related support services to consumers underserved by traditional banking institutions, prioritizing fair terms to help users boost their long-term financial wellness.

AVNW vs OPFI — Head-to-Head

Bigger by revenue
AVNW
AVNW
1.3× larger
AVNW
$111.5M
$85.6M
OPFI
Growing faster (revenue YoY)
OPFI
OPFI
+11.6% gap
OPFI
5.9%
-5.7%
AVNW
Higher net margin
OPFI
OPFI
14.6% more per $
OPFI
19.7%
5.1%
AVNW
More free cash flow
OPFI
OPFI
$359.7M more FCF
OPFI
$382.2M
$22.5M
AVNW
Faster 2-yr revenue CAGR
OPFI
OPFI
Annualised
OPFI
16.3%
0.3%
AVNW

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
AVNW
AVNW
OPFI
OPFI
Revenue
$111.5M
$85.6M
Net Profit
$5.7M
$16.8M
Gross Margin
32.4%
Operating Margin
6.5%
36.1%
Net Margin
5.1%
19.7%
Revenue YoY
-5.7%
5.9%
Net Profit YoY
27.2%
400.3%
EPS (diluted)
$0.44
$1.48

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
OPFI
OPFI
Q4 25
$111.5M
$85.6M
Q3 25
$107.3M
$104.6M
Q2 25
$115.3M
$100.2M
Q1 25
$112.6M
$90.8M
Q4 24
$118.2M
$80.8M
Q3 24
$88.4M
$91.2M
Q2 24
$116.7M
$86.3M
Q1 24
$110.8M
$63.2M
Net Profit
AVNW
AVNW
OPFI
OPFI
Q4 25
$5.7M
$16.8M
Q3 25
$162.0K
$41.6M
Q2 25
$5.2M
$-20.8M
Q1 25
$3.5M
$-11.4M
Q4 24
$4.5M
$-5.6M
Q3 24
$-11.9M
$4.3M
Q2 24
$1.5M
$3.1M
Q1 24
$3.9M
$5.5M
Gross Margin
AVNW
AVNW
OPFI
OPFI
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
OPFI
OPFI
Q4 25
6.5%
36.1%
Q3 25
4.8%
46.3%
Q2 25
7.7%
44.7%
Q1 25
8.3%
46.8%
Q4 24
6.7%
30.5%
Q3 24
-17.6%
38.5%
Q2 24
4.7%
34.2%
Q1 24
5.1%
8.4%
Net Margin
AVNW
AVNW
OPFI
OPFI
Q4 25
5.1%
19.7%
Q3 25
0.2%
39.8%
Q2 25
4.5%
-20.7%
Q1 25
3.1%
-12.5%
Q4 24
3.8%
-6.9%
Q3 24
-13.4%
4.7%
Q2 24
1.3%
3.6%
Q1 24
3.5%
8.8%
EPS (diluted)
AVNW
AVNW
OPFI
OPFI
Q4 25
$0.44
$1.48
Q3 25
$0.01
$0.77
Q2 25
$0.42
$-0.78
Q1 25
$0.27
$-0.48
Q4 24
$0.35
$-0.11
Q3 24
$-0.94
$0.21
Q2 24
$0.11
$0.16
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
AVNW
AVNW
OPFI
OPFI
Cash + ST InvestmentsLiquidity on hand
$86.5M
$49.5M
Total DebtLower is stronger
$105.4M
Stockholders' EquityBook value
$271.6M
$58.5M
Total Assets
$659.4M
$754.1M
Debt / EquityLower = less leverage
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNW
AVNW
OPFI
OPFI
Q4 25
$86.5M
$49.5M
Q3 25
$64.8M
$45.5M
Q2 25
$59.7M
$45.2M
Q1 25
$49.4M
$58.0M
Q4 24
$52.6M
$61.3M
Q3 24
$51.0M
$44.8M
Q2 24
$64.6M
$46.6M
Q1 24
$59.2M
$47.2M
Total Debt
AVNW
AVNW
OPFI
OPFI
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
OPFI
OPFI
Q4 25
$271.6M
$58.5M
Q3 25
$263.6M
$49.4M
Q2 25
$263.2M
$13.4M
Q1 25
$256.1M
$22.6M
Q4 24
$249.6M
$32.8M
Q3 24
$247.1M
$34.9M
Q2 24
$255.9M
$18.6M
Q1 24
$256.0M
$18.2M
Total Assets
AVNW
AVNW
OPFI
OPFI
Q4 25
$659.4M
$754.1M
Q3 25
$643.3M
$720.6M
Q2 25
$633.3M
$673.4M
Q1 25
$628.3M
$640.1M
Q4 24
$594.1M
$641.2M
Q3 24
$590.9M
$619.3M
Q2 24
$535.2M
$573.1M
Q1 24
$490.3M
$563.2M
Debt / Equity
AVNW
AVNW
OPFI
OPFI
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
OPFI
OPFI
Operating Cash FlowLast quarter
$23.9M
$401.3M
Free Cash FlowOCF − Capex
$22.5M
$382.2M
FCF MarginFCF / Revenue
20.2%
446.6%
Capex IntensityCapex / Revenue
1.3%
22.3%
Cash ConversionOCF / Net Profit
4.18×
23.82×
TTM Free Cash FlowTrailing 4 quarters
$16.1M
$652.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNW
AVNW
OPFI
OPFI
Q4 25
$23.9M
$401.3M
Q3 25
$-11.7M
$105.1M
Q2 25
$10.5M
$95.6M
Q1 25
$1.6M
$83.7M
Q4 24
$20.8M
$323.8M
Q3 24
$-27.2M
$77.6M
Q2 24
$8.3M
$77.3M
Q1 24
$15.3M
$74.4M
Free Cash Flow
AVNW
AVNW
OPFI
OPFI
Q4 25
$22.5M
$382.2M
Q3 25
$-13.5M
$99.9M
Q2 25
$8.2M
$91.0M
Q1 25
$-1.2M
$79.3M
Q4 24
$18.3M
$310.8M
Q3 24
$-32.6M
$73.7M
Q2 24
$7.5M
$74.7M
Q1 24
$14.8M
$72.3M
FCF Margin
AVNW
AVNW
OPFI
OPFI
Q4 25
20.2%
446.6%
Q3 25
-12.6%
95.6%
Q2 25
7.1%
90.8%
Q1 25
-1.0%
87.4%
Q4 24
15.5%
384.6%
Q3 24
-36.8%
80.8%
Q2 24
6.4%
86.6%
Q1 24
13.4%
114.4%
Capex Intensity
AVNW
AVNW
OPFI
OPFI
Q4 25
1.3%
22.3%
Q3 25
1.6%
5.0%
Q2 25
2.0%
4.6%
Q1 25
2.5%
4.8%
Q4 24
2.1%
16.1%
Q3 24
6.1%
4.3%
Q2 24
0.7%
3.0%
Q1 24
0.4%
3.4%
Cash Conversion
AVNW
AVNW
OPFI
OPFI
Q4 25
4.18×
23.82×
Q3 25
-72.48×
2.52×
Q2 25
2.02×
Q1 25
0.46×
Q4 24
4.62×
Q3 24
18.19×
Q2 24
5.37×
25.21×
Q1 24
3.96×
13.44×

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%

OPFI
OPFI

Segment breakdown not available.

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