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

WORLD ACCEPTANCE CORP is the larger business by last-quarter revenue ($141.3M vs $111.5M, roughly 1.3× AVIAT NETWORKS, INC.). AVIAT NETWORKS, INC. runs the higher net margin — 5.1% vs -0.6%, a 5.8% gap on every dollar of revenue. On growth, WORLD ACCEPTANCE CORP posted the faster year-over-year revenue change (1.9% vs -5.7%). WORLD ACCEPTANCE CORP produced more free cash flow last quarter ($57.2M vs $22.5M). Over the past eight quarters, AVIAT NETWORKS, INC.'s revenue compounded faster (0.3% CAGR vs -5.8%).

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.

Credit Acceptance Corporation is an auto finance company providing automobile loans and other related financial products. The company operates its financial program through a national network of dealer-partners, the automobile dealers participating in the programs. The company operates two programs: the "Portfolio Program" and the "Purchase Program". Through these programs, the company can advance money to automobile dealers in exchange for the right to service the underlying consumer loans a...

AVNW vs WRLD — Head-to-Head

Bigger by revenue
WRLD
WRLD
1.3× larger
WRLD
$141.3M
$111.5M
AVNW
Growing faster (revenue YoY)
WRLD
WRLD
+7.6% gap
WRLD
1.9%
-5.7%
AVNW
Higher net margin
AVNW
AVNW
5.8% more per $
AVNW
5.1%
-0.6%
WRLD
More free cash flow
WRLD
WRLD
$34.7M more FCF
WRLD
$57.2M
$22.5M
AVNW
Faster 2-yr revenue CAGR
AVNW
AVNW
Annualised
AVNW
0.3%
-5.8%
WRLD

Income Statement — Q2 FY2026 vs Q3 FY2026

Metric
AVNW
AVNW
WRLD
WRLD
Revenue
$111.5M
$141.3M
Net Profit
$5.7M
$-911.3K
Gross Margin
32.4%
Operating Margin
6.5%
-0.7%
Net Margin
5.1%
-0.6%
Revenue YoY
-5.7%
1.9%
Net Profit YoY
27.2%
-106.8%
EPS (diluted)
$0.44
$-0.19

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
WRLD
WRLD
Q4 25
$111.5M
$141.3M
Q3 25
$107.3M
$134.5M
Q2 25
$115.3M
$132.5M
Q1 25
$112.6M
$165.3M
Q4 24
$118.2M
$138.6M
Q3 24
$88.4M
$131.4M
Q2 24
$116.7M
$129.5M
Q1 24
$110.8M
$159.3M
Net Profit
AVNW
AVNW
WRLD
WRLD
Q4 25
$5.7M
$-911.3K
Q3 25
$162.0K
$-1.9M
Q2 25
$5.2M
$1.3M
Q1 25
$3.5M
$44.3M
Q4 24
$4.5M
$13.4M
Q3 24
$-11.9M
$22.1M
Q2 24
$1.5M
$9.9M
Q1 24
$3.9M
$35.1M
Gross Margin
AVNW
AVNW
WRLD
WRLD
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
WRLD
WRLD
Q4 25
6.5%
-0.7%
Q3 25
4.8%
-1.3%
Q2 25
7.7%
1.5%
Q1 25
8.3%
33.3%
Q4 24
6.7%
11.6%
Q3 24
-17.6%
21.3%
Q2 24
4.7%
10.0%
Q1 24
5.1%
29.3%
Net Margin
AVNW
AVNW
WRLD
WRLD
Q4 25
5.1%
-0.6%
Q3 25
0.2%
-1.4%
Q2 25
4.5%
1.0%
Q1 25
3.1%
26.8%
Q4 24
3.8%
9.7%
Q3 24
-13.4%
16.8%
Q2 24
1.3%
7.7%
Q1 24
3.5%
22.0%
EPS (diluted)
AVNW
AVNW
WRLD
WRLD
Q4 25
$0.44
$-0.19
Q3 25
$0.01
$-0.38
Q2 25
$0.42
$0.25
Q1 25
$0.27
$8.07
Q4 24
$0.35
$2.45
Q3 24
$-0.94
$3.99
Q2 24
$0.11
$1.79
Q1 24
$0.30
$6.02

Balance Sheet & Financial Strength

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

Metric
AVNW
AVNW
WRLD
WRLD
Cash + ST InvestmentsLiquidity on hand
$86.5M
$10.0M
Total DebtLower is stronger
$105.4M
$677.2M
Stockholders' EquityBook value
$271.6M
$351.6M
Total Assets
$659.4M
$1.1B
Debt / EquityLower = less leverage
0.39×
1.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNW
AVNW
WRLD
WRLD
Q4 25
$86.5M
$10.0M
Q3 25
$64.8M
$14.9M
Q2 25
$59.7M
$8.1M
Q1 25
$49.4M
$4.7M
Q4 24
$52.6M
$10.3M
Q3 24
$51.0M
$9.7M
Q2 24
$64.6M
$11.1M
Q1 24
$59.2M
$5.2M
Total Debt
AVNW
AVNW
WRLD
WRLD
Q4 25
$105.4M
$677.2M
Q3 25
$106.5M
$584.6M
Q2 25
$87.6M
$472.5M
Q1 25
$73.9M
$447.9M
Q4 24
$74.9M
$561.2M
Q3 24
$83.4M
$506.6M
Q2 24
$48.4M
$494.7M
Q1 24
$48.9M
$498.4M
Stockholders' Equity
AVNW
AVNW
WRLD
WRLD
Q4 25
$271.6M
$351.6M
Q3 25
$263.6M
$365.6M
Q2 25
$263.2M
$427.9M
Q1 25
$256.1M
$439.5M
Q4 24
$249.6M
$428.2M
Q3 24
$247.1M
$417.5M
Q2 24
$255.9M
$422.6M
Q1 24
$256.0M
$424.4M
Total Assets
AVNW
AVNW
WRLD
WRLD
Q4 25
$659.4M
$1.1B
Q3 25
$643.3M
$1.1B
Q2 25
$633.3M
$1.0B
Q1 25
$628.3M
$1.0B
Q4 24
$594.1M
$1.1B
Q3 24
$590.9M
$1.0B
Q2 24
$535.2M
$1.0B
Q1 24
$490.3M
$1.1B
Debt / Equity
AVNW
AVNW
WRLD
WRLD
Q4 25
0.39×
1.93×
Q3 25
0.40×
1.60×
Q2 25
0.33×
1.10×
Q1 25
0.29×
1.02×
Q4 24
0.30×
1.31×
Q3 24
0.34×
1.21×
Q2 24
0.19×
1.17×
Q1 24
0.19×
1.17×

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
WRLD
WRLD
Operating Cash FlowLast quarter
$23.9M
$58.0M
Free Cash FlowOCF − Capex
$22.5M
$57.2M
FCF MarginFCF / Revenue
20.2%
40.5%
Capex IntensityCapex / Revenue
1.3%
0.6%
Cash ConversionOCF / Net Profit
4.18×
TTM Free Cash FlowTrailing 4 quarters
$16.1M
$412.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNW
AVNW
WRLD
WRLD
Q4 25
$23.9M
$58.0M
Q3 25
$-11.7M
$48.6M
Q2 25
$10.5M
$58.2M
Q1 25
$1.6M
$254.2M
Q4 24
$20.8M
$61.1M
Q3 24
$-27.2M
$53.8M
Q2 24
$8.3M
$48.4M
Q1 24
$15.3M
$265.8M
Free Cash Flow
AVNW
AVNW
WRLD
WRLD
Q4 25
$22.5M
$57.2M
Q3 25
$-13.5M
$47.7M
Q2 25
$8.2M
$57.1M
Q1 25
$-1.2M
$250.5M
Q4 24
$18.3M
$60.4M
Q3 24
$-32.6M
$52.7M
Q2 24
$7.5M
$47.3M
Q1 24
$14.8M
$259.9M
FCF Margin
AVNW
AVNW
WRLD
WRLD
Q4 25
20.2%
40.5%
Q3 25
-12.6%
35.5%
Q2 25
7.1%
43.1%
Q1 25
-1.0%
151.6%
Q4 24
15.5%
43.6%
Q3 24
-36.8%
40.1%
Q2 24
6.4%
36.5%
Q1 24
13.4%
163.2%
Capex Intensity
AVNW
AVNW
WRLD
WRLD
Q4 25
1.3%
0.6%
Q3 25
1.6%
0.7%
Q2 25
2.0%
0.8%
Q1 25
2.5%
2.2%
Q4 24
2.1%
0.5%
Q3 24
6.1%
0.8%
Q2 24
0.7%
0.8%
Q1 24
0.4%
3.7%
Cash Conversion
AVNW
AVNW
WRLD
WRLD
Q4 25
4.18×
Q3 25
-72.48×
Q2 25
2.02×
43.27×
Q1 25
0.46×
5.74×
Q4 24
4.62×
4.56×
Q3 24
2.43×
Q2 24
5.37×
4.87×
Q1 24
3.96×
7.58×

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%

WRLD
WRLD

Segment breakdown not available.

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