Aviat Networks, Inc.
NASDAQ•AVNW
CEO: Mr. Peter A. Smith Ph.D.
Sector: Technology
Industry: Communication Equipment
Listing Date: 1987-05-19
Aviat Networks, Inc. provides microwave networking and wireless access networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific. The company offers outdoor, indoor, and split-mount radios; microwave routers, and trunking; private LTE, virtual fiber, and network management products; narrow band radio communications, designed, and optimised for SCADA and telemetry applications; and hosted software products, such as aviat design, frequency assurance software, aviatcloud, and health assurance software. It also provides project services, which includes design and engineering, site and path surveys, assembly and integrations, project management, and install and commission; and managed services, such as network and interface monitoring, network health, onsite maintenance, and remote upgrades. In addition, the company offers support services, including extended warranty, warranty plus, provision support, and license key management, as well as instructor and virtual instructor led training, e-learning and certification services. It serves communications service providers and private network operators, including federal, state and local government agencies, transportation agencies, energy and utility companies, public safety agencies, and broadcast network operators. The company markets its products through a direct sales, service, and support organization; indirect sales channels comprising dealers, resellers, and sales representatives; and through online. Aviat Networks, Inc. company was incorporated in 2006 and is headquartered in Austin, Texas.
Contact Information
Market Cap
$332.11M
P/E (TTM)
22.7
36.4
Dividend Yield
--
52W High
$27.02
52W Low
$15.80
52W Range
Rank40Top 42.0%
4.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q2 2026 Data
Revenue
$111.47M-5.69%
4-Quarter Trend
EPS
$0.44+25.71%
4-Quarter Trend
FCF
$22.48M+23.06%
4-Quarter Trend
2026 Q2 Earnings Highlights
Key Highlights
Six Month Revenue Growth Total revenue reached $218.792M for six months, marking a 5.9% increase over prior year period.
Swing to Net Income Six months net income $5.880M, reversing prior period loss of $7.384M, showing strong turnaround.
Gross Margin Expansion Gross margin improved 18.3% to $71.764M for six months, driven by higher margin software sales.
Operating Cash Flow Turnaround Operating cash flow provided $12.175M in six months, a $18.6M increase from prior period usage.
Risk Factors
Internal Control Weaknesses Disclosure controls remain ineffective as of December 26, 2025 due to material weaknesses not fully remediated.
North America Revenue Decline Quarterly revenue fell 8.7% to $52.901M, driven by lower product demand across North American markets.
Latin America Sales Drop Latin America/Asia Pacific revenue dropped 17.1% quarterly to $32.520M due to lower service demand.
Litigation Exposure Company faces arbitration demands from NEC totaling $19M regarding component purchases; no loss accrued.
Outlook
Cost Management Success R&D expenses decreased 34.5% ($7.1M) over six months due to cost initiatives and acquisition synergies realized.
Liquidity Position Strong Cash position $86.5M as of period end; management believes liquidity sufficient for next 12+ months.
Restructuring Completion Expected Fiscal 2025 restructuring plans, focused on workforce optimization, expected completion by end of fiscal 2026.
Debt Facility Compliance Company remains compliant with all financial covenants under Credit Facility after increasing commitments in August 2025.
Peer Comparison
Revenue (TTM)
$446.77M
$347.21M
$338.73M
Gross Margin (Latest Quarter)
65.6%
63.4%
49.9%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| FRGE | $623.01M | -9.6 | -29.8% | 1.8% |
| FEIM | $529.46M | 25.1 | 37.9% | 9.1% |
| AVNW | $332.11M | 22.7 | 5.5% | 16.4% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-0.3%
Flat Growth
4Q Net Income CAGR
17.5%
Profitability Improved
Cash Flow Stability
75%
Volatile Cash Flow
Deep Research
Next earnings:May 4, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data