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Side-by-side financial comparison of AVNET INC (AVT) and Goldman Sachs (GS). Click either name above to swap in a different company.

Goldman Sachs is the larger business by last-quarter revenue ($13.5B vs $7.1B, roughly 1.9× AVNET INC). Goldman Sachs runs the higher net margin — 34.3% vs 1.3%, a 33.0% gap on every dollar of revenue.

Avnet, Inc. is a distributor of electronic components headquartered in Phoenix, Arizona, named after Charles Avnet, who founded the company in 1921. After its start on Manhattan's Radio Row, the company became incorporated in 1955 and began trading on the New York Stock Exchange in 1961. On May 8, 2018, Avnet changed stock markets to Nasdaq, trading under the same ticker AVT.

The Goldman Sachs Group, Inc. is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is one of the largest investment banks in the world by revenue and is ranked 55th on the Fortune 500 list of the largest United States corporations by total revenue.

AVT vs GS — Head-to-Head

Bigger by revenue
GS
GS
1.9× larger
GS
$13.5B
$7.1B
AVT
Higher net margin
GS
GS
33.0% more per $
GS
34.3%
1.3%
AVT

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
AVT
AVT
GS
GS
Revenue
$7.1B
$13.5B
Net Profit
$94.3M
$4.6B
Gross Margin
10.4%
Operating Margin
2.9%
43.5%
Net Margin
1.3%
34.3%
Revenue YoY
12.7%
Net Profit YoY
-59.7%
EPS (diluted)
$1.14
$14.04

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
AVT
AVT
GS
GS
Q3 26
$7.1B
Q4 25
$6.3B
$13.5B
Q3 25
$5.9B
$15.2B
Q2 25
$5.6B
$14.6B
Q1 25
$5.3B
$15.1B
Q4 24
$5.7B
Q3 24
$5.6B
$12.7B
Q2 24
$12.7B
Net Profit
AVT
AVT
GS
GS
Q3 26
$94.3M
Q4 25
$61.7M
$4.6B
Q3 25
$51.7M
$4.1B
Q2 25
$6.1M
$3.7B
Q1 25
$87.9M
$4.7B
Q4 24
$87.3M
Q3 24
$59.0M
$3.0B
Q2 24
$3.0B
Gross Margin
AVT
AVT
GS
GS
Q3 26
10.4%
Q4 25
10.5%
Q3 25
10.4%
Q2 25
10.6%
Q1 25
11.1%
Q4 24
10.5%
Q3 24
10.8%
Q2 24
Operating Margin
AVT
AVT
GS
GS
Q3 26
2.9%
Q4 25
2.3%
43.5%
Q3 25
2.4%
35.5%
Q2 25
1.3%
34.0%
Q1 25
2.7%
37.5%
Q4 24
2.7%
Q3 24
2.5%
31.4%
Q2 24
30.8%
Net Margin
AVT
AVT
GS
GS
Q3 26
1.3%
Q4 25
1.0%
34.3%
Q3 25
0.9%
27.0%
Q2 25
0.1%
25.5%
Q1 25
1.7%
31.5%
Q4 24
1.5%
Q3 24
1.1%
23.5%
Q2 24
23.9%
EPS (diluted)
AVT
AVT
GS
GS
Q3 26
$1.14
Q4 25
$0.75
$14.04
Q3 25
$0.61
$12.25
Q2 25
$0.09
$10.91
Q1 25
$1.01
$14.12
Q4 24
$0.99
Q3 24
$0.66
$8.40
Q2 24
$8.62

Balance Sheet & Financial Strength

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

Metric
AVT
AVT
GS
GS
Cash + ST InvestmentsLiquidity on hand
$202.4M
$164.3B
Total DebtLower is stronger
$2.9B
Stockholders' EquityBook value
$5.0B
$125.0B
Total Assets
$13.5B
$1809.3B
Debt / EquityLower = less leverage
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVT
AVT
GS
GS
Q3 26
$202.4M
Q4 25
$286.5M
$164.3B
Q3 25
$175.5M
$169.6B
Q2 25
$192.4M
$153.0B
Q1 25
$188.9M
$167.4B
Q4 24
$172.1M
Q3 24
$267.5M
$154.7B
Q2 24
$206.3B
Total Debt
AVT
AVT
GS
GS
Q3 26
$2.9B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
AVT
AVT
GS
GS
Q3 26
$5.0B
Q4 25
$4.9B
$125.0B
Q3 25
$4.8B
$124.4B
Q2 25
$5.0B
$124.1B
Q1 25
$4.9B
$124.3B
Q4 24
$4.8B
Q3 24
$5.0B
$121.2B
Q2 24
$119.5B
Total Assets
AVT
AVT
GS
GS
Q3 26
$13.5B
Q4 25
$13.2B
$1809.3B
Q3 25
$12.4B
$1808.0B
Q2 25
$12.1B
$1785.0B
Q1 25
$11.7B
$1766.2B
Q4 24
$11.9B
Q3 24
$12.6B
$1728.1B
Q2 24
$1653.3B
Debt / Equity
AVT
AVT
GS
GS
Q3 26
0.59×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVT
AVT
GS
GS
Operating Cash FlowLast quarter
$-16.3B
Free Cash FlowOCF − Capex
$-16.8B
FCF MarginFCF / Revenue
-124.9%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
-3.53×
TTM Free Cash FlowTrailing 4 quarters
$-47.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVT
AVT
GS
GS
Q3 26
Q4 25
$208.2M
$-16.3B
Q3 25
$-144.6M
$2.7B
Q2 25
$139.5M
$5.7B
Q1 25
$140.9M
$-37.2B
Q4 24
$337.8M
Q3 24
$106.3M
Q2 24
Free Cash Flow
AVT
AVT
GS
GS
Q3 26
Q4 25
$192.9M
$-16.8B
Q3 25
$-169.2M
$2.1B
Q2 25
$79.9M
$5.2B
Q1 25
$114.1M
$-37.7B
Q4 24
$308.5M
Q3 24
$74.5M
Q2 24
FCF Margin
AVT
AVT
GS
GS
Q3 26
Q4 25
3.1%
-124.9%
Q3 25
-2.9%
14.0%
Q2 25
1.4%
35.6%
Q1 25
2.1%
-250.5%
Q4 24
5.4%
Q3 24
1.3%
Q2 24
Capex Intensity
AVT
AVT
GS
GS
Q3 26
Q4 25
0.2%
3.9%
Q3 25
0.4%
3.7%
Q2 25
1.1%
3.3%
Q1 25
0.5%
3.3%
Q4 24
0.5%
Q3 24
0.6%
Q2 24
Cash Conversion
AVT
AVT
GS
GS
Q3 26
Q4 25
3.37×
-3.53×
Q3 25
-2.79×
0.65×
Q2 25
22.91×
1.52×
Q1 25
1.60×
-7.86×
Q4 24
3.87×
Q3 24
1.80×
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVT
AVT

Electronic Components$6.7B94%
Farnell$454.7M6%

GS
GS

Global Banking And Markets$10.5B78%
Other$2.9B22%

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