Aviat Networks vs Digi International
Aviat Networks and Digi International are similar in size: $440m and $430m of revenue in their latest fiscal years. Digi International grew faster (1.5% against 1.2%). Digi International kept more of each dollar of sales as profit: a net margin of 9.5% against 0.6%. Digi International carries less debt relative to equity (25.2% against 36.3%).
| Latest fiscal year | Aviat NetworksAVNW, 2026 | Digi InternationalDGII, 2025 |
|---|---|---|
| Revenue | $440m | $430m |
| Revenue growth | 1.2% | 1.5% |
| Net income | $2.5m | $40.8m |
| Operating margin | 4.4% | 13.1% |
| Net margin | 0.6% | 9.5% |
| Return on equity | 1.0% | 6.7% |
| Free cash flow | $6.1m | $105m |
| Cash | $72.8m | $21.9m |
| Total debt | $97.0m | $160m |
| Debt to equity | 36.3% | 25.2% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $6.9m |
| Employees | 900 | 913 |
| Market value | $258m | $2.81bn |
| Price vs our value range | — | Within our value range |
| Moat score | 46 (Moderate) | 54 (Moderate) |
| Insider trades, 12 months | 0 buys, 7 sales | 0 buys, 14 sales |