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Side-by-side financial comparison of AVIAT NETWORKS, INC. (AVNW) and Urban Edge Properties (UE). Click either name above to swap in a different company.

Urban Edge Properties is the larger business by last-quarter revenue ($132.6M vs $111.5M, roughly 1.2× AVIAT NETWORKS, INC.). Urban Edge Properties runs the higher net margin — 17.1% vs 5.1%, a 11.9% gap on every dollar of revenue. On growth, Urban Edge Properties posted the faster year-over-year revenue change (12.2% vs -5.7%). Over the past eight quarters, Urban Edge Properties's revenue compounded faster (11.6% 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.

Urban Edge Properties is a publicly traded real estate investment trust (REIT) that owns, operates, and develops high-quality retail and mixed-use properties, primarily located in densely populated urban and suburban markets across the United States. Its portfolio covers grocery-anchored shopping centers, lifestyle outlets, and community-focused commercial assets.

AVNW vs UE — Head-to-Head

Bigger by revenue
UE
UE
1.2× larger
UE
$132.6M
$111.5M
AVNW
Growing faster (revenue YoY)
UE
UE
+17.9% gap
UE
12.2%
-5.7%
AVNW
Higher net margin
UE
UE
11.9% more per $
UE
17.1%
5.1%
AVNW
Faster 2-yr revenue CAGR
UE
UE
Annualised
UE
11.6%
0.3%
AVNW

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
AVNW
AVNW
UE
UE
Revenue
$111.5M
$132.6M
Net Profit
$5.7M
$22.6M
Gross Margin
32.4%
Operating Margin
6.5%
Net Margin
5.1%
17.1%
Revenue YoY
-5.7%
12.2%
Net Profit YoY
27.2%
-6.7%
EPS (diluted)
$0.44
$0.18

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
UE
UE
Q1 26
$132.6M
Q4 25
$111.5M
$119.6M
Q3 25
$107.3M
$120.1M
Q2 25
$115.3M
$114.1M
Q1 25
$112.6M
$118.2M
Q4 24
$118.2M
$116.4M
Q3 24
$88.4M
$112.4M
Q2 24
$116.7M
$106.5M
Net Profit
AVNW
AVNW
UE
UE
Q1 26
$22.6M
Q4 25
$5.7M
$12.4M
Q3 25
$162.0K
$14.9M
Q2 25
$5.2M
$58.0M
Q1 25
$3.5M
$8.2M
Q4 24
$4.5M
$30.1M
Q3 24
$-11.9M
$9.1M
Q2 24
$1.5M
$30.8M
Gross Margin
AVNW
AVNW
UE
UE
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
UE
UE
Q1 26
Q4 25
6.5%
11.3%
Q3 25
4.8%
13.4%
Q2 25
7.7%
53.9%
Q1 25
8.3%
7.6%
Q4 24
6.7%
27.6%
Q3 24
-17.6%
8.9%
Q2 24
4.7%
30.6%
Net Margin
AVNW
AVNW
UE
UE
Q1 26
17.1%
Q4 25
5.1%
10.4%
Q3 25
0.2%
12.4%
Q2 25
4.5%
50.8%
Q1 25
3.1%
6.9%
Q4 24
3.8%
25.9%
Q3 24
-13.4%
8.1%
Q2 24
1.3%
28.9%
EPS (diluted)
AVNW
AVNW
UE
UE
Q1 26
$0.18
Q4 25
$0.44
$0.09
Q3 25
$0.01
$0.12
Q2 25
$0.42
$0.46
Q1 25
$0.27
$0.07
Q4 24
$0.35
$0.25
Q3 24
$-0.94
$0.07
Q2 24
$0.11
$0.26

Balance Sheet & Financial Strength

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

Metric
AVNW
AVNW
UE
UE
Cash + ST InvestmentsLiquidity on hand
$86.5M
$50.0M
Total DebtLower is stronger
$105.4M
Stockholders' EquityBook value
$271.6M
$1.4B
Total Assets
$659.4M
$3.4B
Debt / EquityLower = less leverage
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNW
AVNW
UE
UE
Q1 26
$50.0M
Q4 25
$86.5M
$48.9M
Q3 25
$64.8M
$77.8M
Q2 25
$59.7M
$53.0M
Q1 25
$49.4M
$48.0M
Q4 24
$52.6M
$41.4M
Q3 24
$51.0M
$67.9M
Q2 24
$64.6M
$78.6M
Total Debt
AVNW
AVNW
UE
UE
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
Stockholders' Equity
AVNW
AVNW
UE
UE
Q1 26
$1.4B
Q4 25
$271.6M
$1.4B
Q3 25
$263.6M
$1.4B
Q2 25
$263.2M
$1.4B
Q1 25
$256.1M
$1.4B
Q4 24
$249.6M
$1.4B
Q3 24
$247.1M
$1.3B
Q2 24
$255.9M
$1.3B
Total Assets
AVNW
AVNW
UE
UE
Q1 26
$3.4B
Q4 25
$659.4M
$3.3B
Q3 25
$643.3M
$3.3B
Q2 25
$633.3M
$3.3B
Q1 25
$628.3M
$3.3B
Q4 24
$594.1M
$3.3B
Q3 24
$590.9M
$3.2B
Q2 24
$535.2M
$3.2B
Debt / Equity
AVNW
AVNW
UE
UE
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
AVNW
AVNW
UE
UE
Operating Cash FlowLast quarter
$23.9M
$39.1M
Free Cash FlowOCF − Capex
$22.5M
FCF MarginFCF / Revenue
20.2%
Capex IntensityCapex / Revenue
1.3%
1.5%
Cash ConversionOCF / Net Profit
4.18×
1.73×
TTM Free Cash FlowTrailing 4 quarters
$16.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNW
AVNW
UE
UE
Q1 26
$39.1M
Q4 25
$23.9M
$182.7M
Q3 25
$-11.7M
$55.7M
Q2 25
$10.5M
$43.5M
Q1 25
$1.6M
$32.6M
Q4 24
$20.8M
$153.2M
Q3 24
$-27.2M
$36.6M
Q2 24
$8.3M
$41.2M
Free Cash Flow
AVNW
AVNW
UE
UE
Q1 26
Q4 25
$22.5M
$81.8M
Q3 25
$-13.5M
$26.1M
Q2 25
$8.2M
$19.6M
Q1 25
$-1.2M
$11.9M
Q4 24
$18.3M
$42.5M
Q3 24
$-32.6M
$12.2M
Q2 24
$7.5M
$19.9M
FCF Margin
AVNW
AVNW
UE
UE
Q1 26
Q4 25
20.2%
68.4%
Q3 25
-12.6%
21.7%
Q2 25
7.1%
17.2%
Q1 25
-1.0%
10.0%
Q4 24
15.5%
36.6%
Q3 24
-36.8%
10.8%
Q2 24
6.4%
18.6%
Capex Intensity
AVNW
AVNW
UE
UE
Q1 26
1.5%
Q4 25
1.3%
84.4%
Q3 25
1.6%
24.6%
Q2 25
2.0%
20.9%
Q1 25
2.5%
17.5%
Q4 24
2.1%
95.1%
Q3 24
6.1%
21.7%
Q2 24
0.7%
20.1%
Cash Conversion
AVNW
AVNW
UE
UE
Q1 26
1.73×
Q4 25
4.18×
14.71×
Q3 25
-72.48×
3.73×
Q2 25
2.02×
0.75×
Q1 25
0.46×
3.97×
Q4 24
4.62×
5.09×
Q3 24
4.03×
Q2 24
5.37×
1.34×

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%

UE
UE

Rental revenue$124.2M94%
Other$8.4M6%

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