Aviat Networks, Inc. (AVNW) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	439.7M	439.7M	434.6M	408.1M	344.4M
Cost of Revenue	301.4M	301.4M	295.2M	263.4M	222.1M
Gross Profit	138.3M	138.3M	139.4M	144.7M	122.4M
Operating Expenses
R&D Expense	28.4M	28.4M	35.8M	36.4M	24.9M
SG&A Expense	88.5M	88.5M	89.5M	85.0M	69.8M
General & Admin Expense	22.4M	88.5M	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	1.8M	1.8M	24.8M	42.7M	52.3M
Total Operating Expenses	118.7M	118.7M	150.0M	164.1M	147.0M
Cost and Expenses	420.1M	420.1M	445.2M	427.5M	369.1M
Operating Income (EBIT)	19.6M	19.6M	(10.6M)	(19.4M)	(24.6M)
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	7.7M	7.7M	6.1M	2.3M	532.0K
Net Interest Income	(7.7M)	(7.7M)	(6.1M)	(2.3M)	(532.0K)
Other Non-Op Income/Expense	(6.4M)	(6.4M)	14.2M	36.3M	45.9M
Non-Operating Income (excl Interest)	(1.3M)	(1.3M)	(20.2M)	(38.6M)	(46.5M)
EBT (Pre-Tax Income)	13.2M	13.2M	3.6M	16.9M	21.3M
Income Tax Expense	10.7M	10.7M	2.2M	6.1M	11.1M
Bottom Line
Net Income	2.5M	2.5M	1.3M	10.8M	10.2M
Earnings from Cont. Ops	2.5M	2.5M	1.3M	10.8M	10.2M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	2.5M	2.5M	1.3M	10.8M	10.2M
Per Share
Basic EPS	$0.19	$0.20	$0.11	$0.88	$0.90
Diluted EPS	$0.19	$0.19	$0.10	$0.86	$0.86
Revenue Per Share	$34.03	$34.03	$34.27	$33.50	$30.33
Shares
Basic Shares Outstanding	12.9M	12.9M	12.7M	12.2M	11.4M
Diluted Shares Outstanding	12.9M	12.9M	12.8M	12.5M	11.9M
Profitability Metrics
EBITDA	27.0M	27.0M	17.7M	24.2M	28.0M
D&A	6.1M	6.1M	8.0M	5.0M	6.2M
EBIT	20.9M	20.9M	9.6M	19.2M	21.8M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jul 1, 2026