AVNW · Aviat Networks, Inc.
Aviat Networks Inc (AVNW)
What's happening
- AVNW is up 1.11% today, trading at $19.66. — Live quote
- Volume today (2,687) is well below its 3-month average of 146,360. (Finnhub fundamentals)
- Reports earnings on 2026-11-04, 13 days away. (Finnhub earnings calendar)
- Last quarter's EPS beat estimates: $0.64 actual vs. $0.56 estimated (+15.0%). (Finnhub earnings history)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Key Statistics
Analyst Recommendations
Aggregate ratings for 2026-10-01 (14 analysts polled by Finnhub) — consensus count.
Performance Overview (Trailing returns vs S&P 500 benchmark)
Earnings Trends (Quarterly EPS Actual vs Estimate)
Valuation Measures & Ratios
Quarterly history (5 periods)
| Measure | Mar '26 | Dec '25 | Sep '25 | Mar '25 | Dec '24 |
|---|---|---|---|---|---|
| Market cap | $197.3M | $92.7M | $121.5M | $82.1M | $76.4M |
| P/E | 26.87 | 6.66 | -32.89 | 5861.33 | -44.17 |
| Price/Book | 0.73 | 0.34 | 0.46 | 0.32 | 0.31 |
| EV/EBITDA | 8.60 | 3.30 | 14.36 | — | — |
| ROE | 2.70% | 5.12% | -1.40% | 0.01% | -0.69% |
| ROA | 1.19% | 2.11% | -0.57% | 0.00% | -0.29% |
Trailing-twelve-month ratios computed from SEC EDGAR quarterly figures and historical daily close prices (Alpaca). Diluted shares are derived from Net income ÷ EPS (diluted) for each quarter, not separately reported. Forward P/E/PEG unavailable (no free data source).
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-09-30. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
Drag horizontally to zoom into a section; use Reset view to restore all observations.
Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Not investment advice — read several signals together.
Indicators None active
History limited by data provider; markers are heuristics, not signals.
Peer and sector context
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Revenue growth is 4.8% on the provider's reported measure. Finnhub fundamentals ↗
- Latest SEC filing is Form 4, filed 2026-10-13; review it for current changes and risks. SEC EDGAR ↗
Potential concerns
- Net profit margin is 0.6%. Finnhub fundamentals ↗
- Trailing 52-week price return is -16.9%. Finnhub market metrics ↗
- Trailing P/E is 99.1, a high price relative to reported earnings. Finnhub fundamentals ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on AVNW
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Mar '26 | Dec '25 | Sep '25 | Mar '25 | Dec '24 | Sep '24 | Mar '24 | Dec '23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Gross profit | $29.3M | $36.1M | $35.7M | $39.3M | $40.9M | $19.8M | $36.1M | $36.3M |
| Operating income | $939.0K | $7.3M | $5.2M | $9.3M | $8.0M | -$15.6M | $5.7M | $3.4M |
| Net income | -$2.1M | $5.7M | $162.0K | $3.5M | $4.5M | -$11.9M | $3.9M | $1.8M |
| EPS (diluted) | $-0.16 | $0.44 | $0.01 | $0.27 | $0.35 | $-0.94 | $0.30 | $0.15 |
| EPS (basic) | $-0.16 | $0.44 | $0.01 | $0.28 | $0.35 | $-0.94 | $0.31 | $0.15 |
Balance sheet
| Line item | Jul '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $599.0M | $616.5M | $659.4M | $643.3M | $633.3M | $628.3M | $594.1M | $590.9M |
| Total liabilities | $331.6M | $344.8M | $387.7M | $379.7M | $370.1M | $372.2M | $344.5M | $343.7M |
| Stockholders' equity | $267.4M | $271.8M | $271.6M | $263.6M | $263.2M | $256.1M | $249.6M | $247.1M |
| Total current assets | $439.2M | $450.4M | $493.9M | $474.5M | $463.6M | $456.6M | $422.9M | $427.3M |
| Total current liabilities | $223.2M | $226.3M | $267.1M | $258.2M | $282.2M | $282.1M | $252.3M | $248.2M |
| Cash & equivalents | $72.8M | $78.1M | $86.5M | $64.8M | $59.7M | $49.4M | $52.6M | $51.0M |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| Accounts receivable | $192.2M | $187.6M | $203.1M | $180.5M | $180.3M | $178.0M | $166.7M | $169.0M |
| Inventory | — | — | — | — | — | — | — | — |
| Other current assets | $23.0M | $26.7M | $37.0M | $34.6M | $33.7M | $34.6M | $33.3M | $32.9M |
| Marketable securities (non-current) | — | — | — | — | — | — | — | — |
| Property, plant & equipment | $18.8M | $19.0M | $19.1M | $18.8M | $17.5M | $15.6M | $14.1M | $11.9M |
| Goodwill | $19.4M | $19.5M | $19.5M | $19.5M | $19.7M | $19.2M | $18.3M | $15.2M |
| Intangible assets | $23.6M | $24.4M | $25.2M | $25.8M | $26.9M | $26.8M | $28.2M | $28.8M |
| Other non-current assets | $13.9M | $14.1M | $14.3M | $13.8M | $14.5M | $14.3M | $13.2M | $12.8M |
| Accounts payable | $119.5M | $112.1M | $145.4M | $142.4M | $148.1M | $137.7M | $124.1M | $104.9M |
| Accrued liabilities | $34.1M | $40.1M | $31.6M | $35.8M | $38.9M | $40.5M | $38.2M | $39.1M |
| Deferred revenue (current) | $59.9M | $67.8M | $84.5M | $73.4M | $73.7M | $85.7M | $71.1M | $79.4M |
| Short-term debt | $7.9M | $5.6M | $4.4M | $4.4M | $18.6M | $3.7M | $3.7M | $2.4M |
| Other current liabilities | $1.2M | $160.0K | $444.0K | $1.1M | $1.8M | $13.3M | $13.9M | $21.2M |
| Long-term debt | $89.1M | $98.7M | $100.9M | $102.0M | $69.0M | $70.2M | $71.1M | $81.0M |
| Other non-current liabilities | $0 | $328.0K | $450.0K | $440.0K | $430.0K | $427.0K | $417.0K | $407.0K |
| Common stock & paid-in capital | $129.0K | $129.0K | $129.0K | $128.0K | $127.0K | $127.0K | $127.0K | $127.0K |
| Retained earnings | -$574.6M | -$573.4M | -$571.3M | -$577.0M | -$577.2M | -$582.4M | -$585.9M | -$590.4M |
| Accumulated other comprehensive income (loss) | -$20.4M | -$17.8M | -$18.6M | -$19.7M | -$18.8M | -$19.5M | -$20.6M | -$17.2M |
Cash flow
| Line item | Jul '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $3.1M | -$1.7M | $23.9M | -$11.7M | $10.5M | $1.6M | $20.8M | -$27.2M |
| Investing cash flow | $497.0K | -$4.7M | -$1.4M | -$1.7M | -$2.3M | -$2.8M | -$2.3M | -$21.2M |
| Financing cash flow | -$9.5M | -$1.3M | -$1.4M | $18.5M | $1.1M | -$1.0M | -$15.7M | $34.3M |
| Free cash flow | $2.5M | -$5.4M | $22.5M | -$13.5M | $8.2M | -$1.2M | $18.3M | -$32.6M |
| Capital expenditures | $615.0K | $3.7M | $1.4M | $1.7M | $2.3M | $2.8M | $2.5M | $5.4M |
| Depreciation & amortization | $2.8M | $700.0K | $900.0K | $463.0K | $4.0M | $1.2M | $1.5M | $1.3M |
| Share-based compensation | $1.7M | $1.6M | $1.3M | $1.6M | $1.4M | $2.0M | $2.0M | $1.7M |
| Deferred income taxes | $6.1M | — | — | -$270.0K | $3.2M | $1.9M | $1.5M | -$6.8M |
| Change in accounts receivable | $5.1M | -$16.1M | $23.6M | $1.7M | $4.1M | $11.0M | -$1.6M | $15.5M |
| Change in inventory | -$2.8M | -$3.3M | -$5.8M | -$30.0K | -$6.6M | $17.0M | $763.0K | $13.2M |
| Change in accounts payable | $6.9M | -$30.6M | $3.2M | -$5.9M | $9.0M | $13.3M | $19.0M | $8.6M |
| Purchases of investments | $689.0K | $974.0K | — | — | $0 | $0 | — | — |
| Share repurchases | — | $500.0K | $0 | — | — | $99.0K | $499.0K | — |
| Debt issued | — | — | — | — | — | — | — | — |
| Debt repaid | $2.3M | $1.2M | $1.2M | $938.0K | $938.0K | $937.0K | $48.8M | $0 |
| Tax withholding on stock comp | $12.0K | $3.0K | $242.0K | $565.0K | $303.0K | $56.0K | $175.0K | $711.0K |
Income statement
| Line item | Jul '26 | Jun '25 | Jun '24 | Jun '23 | Jul '22 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Gross profit | $138.3M | $139.4M | $144.7M | $122.4M | $109.2M |
| Operating income | $19.2M | $10.6M | $19.4M | $24.6M | $28.7M |
| Net income | $2.5M | $1.3M | $10.8M | $10.2M | $21.2M |
| EPS (diluted) | $0.19 | $0.10 | $0.86 | $0.86 | $1.79 |
| EPS (basic) | $0.20 | $0.11 | $0.88 | $0.90 | $1.89 |
Balance sheet
| Line item | Jul '26 | Jun '25 | Jun '24 | Jun '23 | Jul '22 |
|---|---|---|---|---|---|
| Total assets | $599.0M | $633.3M | $535.2M | $363.1M | — |
| Total liabilities | $331.6M | $370.1M | $279.3M | $144.4M | — |
| Stockholders' equity | $267.4M | $263.2M | $255.9M | $218.7M | $201.8M |
| Total current assets | $439.2M | $463.6M | $405.2M | $235.9M | — |
| Total current liabilities | $223.2M | $282.2M | $218.9M | $130.1M | — |
| Cash & equivalents | $72.8M | $59.7M | $64.6M | $22.2M | — |
| Marketable securities (current) | — | — | — | $2.0K | — |
| Accounts receivable | $192.2M | $180.3M | $158.0M | $100.9M | — |
| Inventory | — | — | — | — | — |
| Other current assets | $23.0M | $33.7M | $27.1M | $22.2M | — |
| Property, plant & equipment | $18.8M | $17.5M | $9.5M | $9.5M | — |
| Goodwill | $19.4M | $19.7M | $8.2M | $5.1M | — |
| Intangible assets | $23.6M | $26.9M | $13.6M | $9.0M | — |
| Other non-current assets | $13.9M | $14.5M | $11.8M | $14.0M | — |
| Accounts payable | $119.5M | $148.1M | $92.9M | $60.1M | — |
| Accrued liabilities | $34.1M | $38.9M | $42.1M | $24.4M | — |
| Deferred revenue (current) | $59.9M | $73.7M | $58.8M | $44.3M | — |
| Short-term debt | $7.9M | $18.6M | $2.4M | $0 | — |
| Other current liabilities | $1.2M | $1.8M | $21.6M | $600.0K | — |
| Long-term debt | $89.1M | $69.0M | $46.0M | $0 | — |
| Other non-current liabilities | $0 | $430.0K | $394.0K | $314.0K | — |
| Common stock & paid-in capital | $129.0K | $127.0K | $126.0K | $115.0K | — |
| Retained earnings | -$574.6M | -$577.2M | -$578.5M | -$589.3M | — |
| Accumulated other comprehensive income (loss) | -$20.4M | -$18.8M | -$19.3M | -$16.0M | — |
Cash flow
| Line item | Jul '26 | Jun '25 | Jun '24 | Jun '23 | Jul '22 |
|---|---|---|---|---|---|
| Operating cash flow | $13.6M | $5.7M | $30.5M | -$1.6M | $2.8M |
| Investing cash flow | -$7.3M | -$28.5M | -$35.2M | -$11.9M | -$7.8M |
| Financing cash flow | $6.3M | $18.7M | $48.7M | -$681.0K | -$4.9M |
| Free cash flow | $6.1M | -$7.2M | $27.9M | -$7.0M | $997.0K |
| Capital expenditures | $7.5M | $13.0M | $2.7M | $5.3M | $1.8M |
| Depreciation & amortization | $3.3M | $5.3M | $4.0M | $5.5M | $4.5M |
| Share-based compensation | $6.2M | $7.1M | $7.3M | $6.7M | $3.8M |
| Deferred income taxes | $5.8M | -$343.0K | $3.6M | $9.0M | $7.7M |
| Change in accounts receivable | $14.2M | $29.0M | $9.3M | $24.8M | $25.7M |
| Change in inventory | -$11.9M | $24.4M | -$1.6M | $4.9M | $3.9M |
| Change in accounts payable | -$26.4M | $49.9M | $16.6M | $16.0M | $10.5M |
| Purchases of investments | $1.7M | $0 | $925.0K | $0 | $8.3M |
| Share repurchases | — | — | — | — | $0 |
| Debt issued | — | — | — | — | — |
| Debt repaid | $5.5M | $50.6M | $1.2M | $0 | — |
| Tax withholding on stock comp | $822.0K | $1.2M | $696.0K | $1.2M | $541.0K |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding AVNW as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR Form 4 filings · checked 25 most recent filings · covers 2025-10-10 to 2026-10-09
Recent transactions
- Insiders have net sold 16,240 shares over the last 182 days, across 0 purchases and 3 sales.
- Most recent: SMITH PETE A (President and CEO) — Tax withholding of 8,990 shares on 2026-10-09.
Deterministic template sentences filled in from the SEC Form 4 figures in the tables below -- not an AI-written summary, no live model call.
Insider purchases & sales, last 6 months
Counts only open-market purchases (code P) and sales (code S) — grants, option exercises, tax withholding, and gifts are excluded since they aren't a market buy/sell decision.
Insider roster
| Name | Title | Most Recent Transaction | Date | Shares |
|---|---|---|---|---|
| SMITH PETE A | President and CEO | Tax withholding | 2026-10-09 | 8,990 |
| Croke Gary | SVP of Product and Innovation | Tax withholding | 2026-10-09 | 788 |
| Boase Erin | VP Legal Affairs | Tax withholding | 2026-10-09 | 847 |
| Pakbaz khashayar | SVP & Chief Operations Officer | Grant / award | 2026-10-08 | 9,794 |
| Schmidt Andrew C | SVP, Chief Financial Officer | Grant / award | 2026-09-03 | 9,474 |
| TATEN BRUCE M. | Director | Open market sale | 2025-11-11 | 3,268 |
| MUTCH JOHN | Director | Grant / award | 2025-11-07 | 5,480 |
| Klein Michele | Director | Grant / award | 2025-11-07 | 5,480 |
| Ingram Bryan | Director | Grant / award | 2025-11-07 | 5,480 |
| Halliday Scott K | Director | Grant / award | 2025-11-07 | 5,480 |
| Akkaraju Laxmi | Director | Grant / award | 2025-11-07 | 5,480 |
Recent transactions
| Date | Insider | Title | Transaction | Shares | Price |
|---|---|---|---|---|---|
| 2026-10-09 | SMITH PETE A | President and CEO | Tax withholding | 8,990 | $20.77 |
| 2026-10-09 | Croke Gary | SVP of Product and Innovation | Tax withholding | 788 | $20.77 |
| 2026-10-09 | Boase Erin | VP Legal Affairs | Tax withholding | 847 | $20.77 |
| 2026-10-08 | Pakbaz khashayar | SVP & Chief Operations Officer | Grant / award | 9,794 | $0.00 |
| 2026-09-12 | Boase Erin | VP Legal Affairs | Tax withholding | 442 | $20.73 |
| 2026-09-12 | SMITH PETE A | President and CEO | Tax withholding | 9,927 | $20.73 |
| 2026-09-03 | Schmidt Andrew C | SVP, Chief Financial Officer | Grant / award | 9,474 | $0.00 |
| 2026-09-03 | Croke Gary | SVP of Product and Innovation | Grant / award | 5,839 | $0.00 |
| 2026-09-03 | Boase Erin | VP Legal Affairs | Grant / award | 6,211 | $0.00 |
| 2026-09-03 | SMITH PETE A | President and CEO | Grant / award | 60,041 | $0.00 |
| 2026-08-31 | Croke Gary | SVP of Product and Innovation | Open market sale | 629 | $19.69 |
| 2026-08-31 | SMITH PETE A | President and CEO | Open market sale | 14,264 | $19.69 |
| 2026-08-31 | Boase Erin | VP Legal Affairs | Open market sale | 1,347 | $19.69 |
| 2026-08-28 | Croke Gary | SVP of Product and Innovation | Grant / award | 1,208 | $0.00 |
| 2026-08-28 | SMITH PETE A | President and CEO | Grant / award | 23,357 | $0.00 |
| 2026-08-28 | Boase Erin | VP Legal Affairs | Grant / award | 3,826 | $0.00 |
| 2026-07-07 | Croke Gary | SVP of Product and Innovation | Tax withholding | 1,968 | $20.54 |
| 2026-02-09 | SMITH PETE A | President and CEO | Option exercise | 26,386 | $11.00 |
| 2026-02-09 | SMITH PETE A | President and CEO | Open market sale | 17,086 | $26.33 |
| 2026-02-06 | Croke Gary | SVP of Product and Innovation | Option exercise | 6,914 | $7.23 |
| 2026-02-06 | Croke Gary | SVP of Product and Innovation | Open market sale | 6,914 | $26.20 |
| 2025-12-03 | Schmidt Andrew C | SVP, Chief Financial Officer | Grant / award | 15,647 | $0.00 |
| 2025-11-11 | TATEN BRUCE M. | Director | Open market sale | 3,268 | $23.39 |
| 2025-11-11 | SMITH PETE A | President and CEO | Open market sale | 5,350 | $23.39 |
| 2025-11-07 | TATEN BRUCE M. | Director | Grant / award | 5,480 | $0.00 |
| 2025-11-07 | MUTCH JOHN | Director | Grant / award | 5,480 | $0.00 |
| 2025-11-07 | Klein Michele | Director | Grant / award | 5,480 | $0.00 |
| 2025-11-07 | Ingram Bryan | Director | Grant / award | 5,480 | $0.00 |
| 2025-11-07 | Halliday Scott K | Director | Grant / award | 5,480 | $0.00 |
| 2025-11-07 | Akkaraju Laxmi | Director | Grant / award | 5,480 | $0.00 |
| 2025-10-10 | Boase Erin | VP Legal Affairs | Tax withholding | 847 | $21.04 |
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-10-22 07:32 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-10-13 | 4 | 2026-10-09 | View on SEC.gov → |
| 2026-10-13 | 4 | 2026-10-09 | View on SEC.gov → |
| 2026-10-13 | 4 | 2026-10-09 | View on SEC.gov → |
| 2026-10-13 | 4 | 2026-10-08 | View on SEC.gov → |
| 2026-10-06 | 8-K | 2026-10-05 | View on SEC.gov → |
| 2026-10-05 | 8-K | 2026-09-30 | View on SEC.gov → |
| 2026-09-14 | 4 | 2026-09-12 | View on SEC.gov → |
| 2026-09-14 | 4 | 2026-09-12 | View on SEC.gov → |
| 2026-09-09 | 8-K | 2026-09-02 | View on SEC.gov → |
| 2026-09-08 | 4 | 2026-09-03 | View on SEC.gov → |
| 2026-09-08 | 4 | 2026-09-03 | View on SEC.gov → |
| 2026-09-08 | 4 | 2026-09-03 | View on SEC.gov → |
Recent news
Headlines about AVNW (Aviat Networks, Inc.). Links open the publisher — we don’t host full articles.
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Aviat Networks, Inc. (AVNW) Stock Price, News, Quote & History
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