📊 AVNW Key Takeaways
Investment Thesis
Aviat Networks demonstrates modest revenue growth of 6.5% YoY with stable net income, supported by adequate liquidity and a conservative debt position. However, profitability margins remain thin across the board, and the dramatic 88.4% decline in diluted EPS raises concerns about earnings quality and potential one-time charges that warrant further investigation.
AVNW Strengths
- Strong liquidity position with 1.85x current ratio and $86.5M cash
- Conservative leverage with 0.39x debt-to-equity ratio
- Positive free cash flow generation of $9.0M despite capex spending
- Consistent revenue growth of 6.5% YoY in competitive communications equipment sector
AVNW Risks
- Severe EPS dilution of 88.4% YoY despite flat net income suggests share count increase or one-time charges
- Extremely thin net margin of 2.7% leaves minimal room for operational errors or market downturns
- Weak return metrics (ROE 2.2%, ROA 0.9%) indicate inefficient capital utilization
- Low operating margin of 5.7% relative to gross margin of 32.8% suggests high operating expenses
Key Metrics to Watch
- Diluted share count trends and reasons for EPS decline relative to net income
- Operating expense as percentage of revenue and cost structure efficiency
- Free cash flow sustainability and capital allocation strategy
- Gross margin stability amid competitive pressures in communications equipment market
AVNW Financial Metrics
💡 AI Analyst Insight
The relatively thin 4.1% FCF margin may limit capital allocation flexibility.
AVNW Profitability Ratios
AVNW vs Default Sector
How AVIAT NETWORKS, INC. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
AVNW Balance Sheet & Liquidity
AVNW 5-Year Financial Trend
5-Year Trend Summary: AVIAT NETWORKS, INC.'s revenue has grown significantly by 13% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.86 reflects profitable operations.
AVNW Growth Metrics (YoY)
AVNW Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $111.5M | $4.5M | $0.35 |
| Q1 2026 | $88.4M | $162.0K | $0.01 |
| Q3 2025 | $110.8M | $3.5M | $0.27 |
| Q2 2025 | $93.7M | $1.8M | $0.15 |
| Q1 2025 | $86.9M | $3.6M | $0.30 |
| Q3 2024 | $83.5M | $3.4M | $0.27 |
| Q2 2024 | $90.7M | $2.9M | $0.24 |
| Q1 2024 | $81.3M | -$2.7M | $-0.25 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
AVNW Capital Allocation
AVNW SEC Filings
Access official SEC EDGAR filings for AVIAT NETWORKS, INC. (CIK: 0001377789)
📋 Recent SEC Filings
❓ Frequently Asked Questions about AVNW
What is the AI rating for AVNW?
AVIAT NETWORKS, INC. (AVNW) has an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.
What are AVNW's key strengths?
Strong liquidity position with 1.85x current ratio and $86.5M cash. Conservative leverage with 0.39x debt-to-equity ratio.
What are the risks of investing in AVNW?
Severe EPS dilution of 88.4% YoY despite flat net income suggests share count increase or one-time charges. Extremely thin net margin of 2.7% leaves minimal room for operational errors or market downturns.
What is AVNW's revenue and growth?
AVIAT NETWORKS, INC. reported revenue of $218.8M.
Does AVNW pay dividends?
AVIAT NETWORKS, INC. does not currently pay dividends.
Where can I find AVNW SEC filings?
Official SEC filings for AVIAT NETWORKS, INC. (CIK: 0001377789) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is AVNW's EPS?
AVIAT NETWORKS, INC. has a diluted EPS of $0.45.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.