Avnet Inc
AVT- Exchange
- Nasdaq
- Industry
- Wholesale-Electronic Parts & Equipment, NEC
- SEC CIK
- 0000008858
In the last 90 days, Avnet Inc insiders filed 0 open-market purchases and 1 sale; 508 institutions reported holding it in 13F filings for Q2 2026, worth $7.88B in total; superinvestors Greenhaven Associates and Maverick Capital hold it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 8, 2026, 10:27 PM ET
Revenue flow, FY2026
Where the revenue went in FY2026, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Period end | Jun 27, 2026 | Jun 28, 2025 | Jun 29, 2024 | Jul 1, 2023 | Jul 2, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Aug 5, 2026 | Aug 6, 2025 | Aug 8, 2024 | Aug 16, 2023 | Aug 10, 2022 |
| Revenue | $27.6B | $22.2B | $23.8B | $26.5B | $24.3B |
| Cost of revenue | $24.8B | $19.8B | $21.0B | $23.4B | $21.3B |
| Gross profit | $2.88B | $2.38B | $2.77B | $3.18B | $2.97B |
| Selling, general and administrative | $2.02B | $1.76B | $1.87B | $1.97B | $1.99B |
| Operating income | $724.8M | $514.3M | $844.4M | $1.19B | $939.0M |
| Interest expense | – | – | $282.9M | $250.9M | $100.4M |
| Income tax | $133.0M | $10.4M | $133.6M | $212.0M | $141.0M |
| Net income | $334.4M | $240.2M | $498.7M | $770.8M | $692.4M |
| EPS, basic | $4.07 | $2.78 | $5.51 | $8.37 | $7.02 |
| EPS, diluted | $4.01 | $2.75 | $5.43 | $8.26 | $6.94 |
| Weighted shares, basic | 82.2M | 86.3M | 90.6M | 92.0M | 98.7M |
| Weighted shares, diluted | 83.4M | 87.4M | 91.8M | 93.4M | 99.8M |
| Margins and growth | |||||
| Gross margin | 10.4% | 10.7% | 11.6% | 12.0% | 12.2% |
| Operating margin | 2.6% | 2.3% | 3.6% | 4.5% | 3.9% |
| Net margin | 1.2% | 1.1% | 2.1% | 2.9% | 2.8% |
| Revenue growth, year over year | +24.5% | −6.6% | −10.5% | +9.2% | +24.4% |
| Net income growth, year over year | +39.2% | −51.8% | −35.3% | +11.3% | +258.5% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Period end | Jun 27, 2026 | Jun 28, 2025 | Jun 29, 2024 | Jul 1, 2023 | Jul 2, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Aug 5, 2026 | Aug 6, 2025 | Aug 8, 2024 | Aug 16, 2023 | Aug 10, 2022 |
| Cash and equivalents | $155.4M | $192.4M | $310.9M | $288.2M | $153.7M |
| Accounts receivable | $6.88B | $4.33B | $4.39B | $4.76B | $4.30B |
| Inventory | $6.07B | $5.24B | $5.47B | $5.47B | $4.24B |
| Total current assets | $13.3B | $10.0B | $10.4B | $10.8B | $8.88B |
| Property, plant and equipment | $644.6M | $667.2M | $568.2M | $441.6M | $315.2M |
| Goodwill | $810.2M | $837.0M | $781.0M | $780.6M | $758.8M |
| Intangible assets | – | – | – | $6.50M | $12.7M |
| Total assets | $15.4B | $12.1B | $12.2B | $12.5B | $10.4B |
| Accounts payable | $6.05B | $3.49B | $3.35B | $3.37B | $3.43B |
| Short-term debt | $734.0M | $87.3M | $492.7M | $70.6M | $174.4M |
| Total current liabilities | $7.50B | $4.13B | $4.47B | $4.25B | $4.25B |
| Long-term debt | $2.48B | $2.57B | $2.41B | $2.99B | $1.44B |
| Total liabilities | $10.4B | $7.11B | $7.28B | $7.73B | $6.20B |
| Shareholders' equity | $5.02B | $5.01B | $4.93B | $4.75B | $4.19B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Period end | Jun 27, 2026 | Jun 28, 2025 | Jun 29, 2024 | Jul 1, 2023 | Jul 2, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Aug 5, 2026 | Aug 6, 2025 | Aug 8, 2024 | Aug 16, 2023 | Aug 10, 2022 |
| Operating cash flow | -$280.9M | $724.5M | $690.0M | -$713.7M | -$219.3M |
| Capital expenditures | $73.6M | $147.5M | $226.5M | $194.7M | $48.9M |
| Free cash flow | -$354.5M | $577.0M | $463.5M | -$908.4M | -$268.2M |
| Depreciation and amortization | $76.8M | $71.6M | $86.7M | $88.6M | $102.3M |
| Stock-based compensation | $48.7M | $36.4M | $33.5M | $38.8M | $36.7M |
| Dividends paid | $114.4M | $113.3M | $112.0M | $106.3M | $98.5M |
| Share buybacks | $138.3M | $303.5M | $162.7M | $221.7M | $184.4M |
| Investing cash flow | -$71.5M | -$137.1M | -$225.5M | -$211.6M | $51.3M |
| Financing cash flow | $315.9M | -$693.5M | -$433.8M | $1.05B | $156.1M |
| Net change in cash | -$37.0M | -$118.5M | $22.7M | $134.5M | -$46.0M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.2% | 0.2% | 0.1% | 0.1% | 0.2% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.