AVNW on Nasdaq

Aviat Networks

Logo: Aviat Networks, Public domain, via Wikimedia Commons4

Telecommunications company

Aviat Networks, Inc. is a global provider of microwave transport and backhaul solutions, providing public and private operators with communications infrastructure to serve telecommunications operators and enterprise customers.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

$439.7MRevenue, fiscal 20265
$2.5MNet income, fiscal 20265

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  • TickerAVNW on Nasdaq1
  • Industrytelecommunications industry1
  • HeadquartersSanta Clara1
  • Websiteaviatnetworks.com
  • Legal formDelaware corporation1
  • Incorporated inDE6
  • Business address200 Parker Drive, Suite C100A, Austin, Tx 787286
  • Filer categoryAccelerated filer6

Aviat Networks, Inc. is a global provider of microwave transport and backhaul solutions, providing public and private operators with communications infrastructure to serve telecommunications operators and enterprise customers.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

31.5%Gross margin5
4.4%Operating margin5
0.6%Net margin5
1.2%Revenue growth, 20265
0.9%Return on equity5
0.33×Debt to equity5
$6.1MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Product brought in 71% of the revenue Aviat Networks broke down this way in fiscal 2026.

  1. Product$314.2M571%up 9% from 2025
  2. Service$125.5M529%down 15% from 2025
Products and services by year
Products and services202420252026
Product$274.2M$287.7M$314.2M
Service$133.9M$146.9M$125.5M

Regions

North America brought in 50% of the revenue Aviat Networks broke down this way in fiscal 2026.

  1. North America$220.0M550%up 6% from 2025
  2. Latin America And Asia Pacific$119.7M527%down 18% from 2025
  3. Africa and Middle East$58.0M513%up 17% from 2025
  4. Europe$42.0M510%up 33% from 2025
Regions by year
Regions202420252026
North America$206.1M$207.6M$220.0M
Latin America And Asia Pacific$128.5M$145.9M$119.7M
Africa and Middle East$48.9M$49.4M$58.0M
Europe$24.6M$31.7M$42.0M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue69¢$301.4M
  • Research and development6¢$28.4M
  • Selling, general and admin20¢$88.5M
  • Other costs2¢$8.2M
  • Income tax2¢$10.7M
  • Profit1¢$2.5M

Out of $439.7M in revenue.5

Where each dollar of operating cash went, fiscal 2026

  • Capital spending55¢$7.5M
  • Kept or used elsewhere45¢$6.1M

Out of $13.6M of cash from operations.5

Financial statements

Revenue89105$439.7M in 2026+80% since 2019
0$200.0M$400.0M$600.0M2019: $243.9M$243.9M20192020: $238.6M$238.6M2020−2%2021: $274.9M$274.9M2021+15%2022: $303.0M$303.0M2022+10%2023: $344.4M$344.4M2023+14%2024: $408.1M$408.1M2024+18%2025: $434.6M$434.6M2025+6%2026: $439.7M$439.7M2026+1%
Gross profit811129105$138.3M in 2026+74% since 2019
0$50.0M$100.0M$150.0M2019: $79.3M$79.3M20192020: $84.7M$84.7M2020+7%2021: $102.6M$102.6M2021+21%2022: $109.2M$109.2M2022+6%2023: $122.4M$122.4M2023+12%2024: $144.7M$144.7M2024+18%2025: $139.4M$139.4M2025−4%2026: $138.3M$138.3M2026−1%
Operating income811129105$19.2M in 2026+1306% since 2019
0$10.0M$20.0M$30.0M2019: $1.4M$1.4M20192020: $3.4M$3.4M2020+147%2021: $22.2M$22.2M2021+557%2022: $28.7M$28.7M2022+29%2023: $24.6M$24.6M2023−14%2024: $19.4M$19.4M2024−21%2025: $10.6M$10.6M2025−45%2026: $19.2M$19.2M2026+82%
Net income811129105$2.5M in 2026−74% since 2019
0$50.0M$100.0M$150.0M2019: $9.7M$9.7M20192020: $257.0K$257.0K2020−97%2021: $110.1M$110.1M2021+42756%2022: $21.2M$21.2M2022−81%2023: $10.2M$10.2M2023−52%2024: $10.8M$10.8M2024+6%2025: $1.3M$1.3M2025−88%2026: $2.5M$2.5M2026+89%

Every line of the income statement in the latest annual report, as filed.5

Period ending2026-06-302025-06-302024-06-30
Total revenues$439.7M$434.6M$408.1M
Total cost of revenues$301.4M$295.2M$263.4M
Gross margin$138.3M$139.4M$144.7M
Research and development$28.4M$35.8M$36.4M
Selling and administrative$88.5M$89.5M$85.0M
Restructuring charges$2.1M$3.6M$3.9M
Total operating expenses$119.1M$128.9M$125.3M
Operating income$19.2M$10.6M$19.4M
Interest expense, net$7.7M$6.1M$2.3M
Other (income) expense, net-$1.7M$941.0K$158.0K
Income before income taxes$13.2M$3.6M$16.9M
Provision for income taxes$10.7M$2.2M$6.1M
Net income, basic$2.5M$1.3M$10.8M
Net income, diluted$2.5M$1.3M$10.8M
Net income attributable to Aviat Networks$2.5M$1.3M$10.8M
Basic (in dollars per share)$0.20$0.11$0.88
Diluted (in dollars per share)$0.19$0.10$0.86
Basic (in shares)12.8M shares12.7M shares12.2M shares
Diluted (in shares)13.0M shares12.8M shares12.5M shares

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The story

The company was founded on January 29, 2007 with the merger of Harris Corporation’s Microwave Communications Division and Stratex Networks and incorporated under the name Harris Stratex Networks. The company renamed and rebranded itself to become Aviat Networks on January 28, 2010.

Stratex Networks was the new name for Digital Microwave Corporation (DMC) which was founded in 1984 in San Jose, California.

In February 2009, Harris Stratex acquired Telsima, developer and provider of WiMAX Forum Certified products for use in next-generation broadband wireless networks, for $12 million. In September 2008, Harris Stratex announced a partnership agreement with Telsima for end-to-end 4G network solutions.

In July 2022, Aviat completed the acquisition of Redline Communications, a provider of data infrastructure equipment.

Name and ticker symbol change

On January 28, 2010, at the opening of the Nasdaq trading session, Harris Stratex Networks announced they had renamed their company to become Aviat Networks. Along with the name change the company unveiled new corporate branding with a new company logo and relaunch of the corporate website. The company also changed their NASDAQ ticker symbol to AVNW. The new symbol began trading on the morning of January 29, 2010, retiring the old HSTX; this date also marked the company's third anniversary since incorporation.

From Wikipedia’s article on Aviat Networks, shared under CC BY-SA 4.0.7

Products and brands

Aviat's portfolio of wireless products encompasses microwave and millimeter wave bands between 5 and 80 GHz. Architectures supported include split-mount (indoor/outdoor), all-outdoor and all-indoor radio designs to accommodate operators' specific needs.

From Wikipedia’s article on Aviat Networks, shared under CC BY-SA 4.0.7

Former names

  • Aviat Networks IncNov 14, 2016 to Nov 14, 20166
  • Harris Stratex Networks, Inc.Jan 27, 2010 to Jan 27, 20106

Recent filings

  1. Oct 13, 2026SCHEDULE 13G/A
  2. Oct 13, 20264
  3. Oct 13, 20264
  4. Oct 13, 20264
  5. Oct 13, 20264
  6. Oct 8, 20263
  7. Oct 6, 20268-K
  8. Oct 5, 20268-K
  9. Oct 2, 2026DEF 14A
  10. Oct 2, 2026DEFA14A
  11. Sep 28, 20263
  12. Sep 25, 20264/A
  13. Sep 25, 20264/A
  14. Sep 25, 20264/A
  15. Sep 16, 2026PRE 14A

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2