Avnet Inc income statement

In fiscal 2026, Avnet Inc reported revenue of $27.63bn, up 24.5% on the year before, operating income of $725m (a 2.6% margin) and net income of $334m, or $4.01 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Avnet Inc: income statement, annual
Fiscal year	2010Jul 2010	2011Jul 2011	2012Jun 2012	2013Jun 2013	2014Jun 2014	2015Jun 2015	2016Jul 2016	2017Jul 2017	2018Jun 2018	2019Jun 2019	2020Jun 2020	2021Jul 2021	2022Jul 2022	2023Jul 2023	2024Jun 2024	2025Jun 2025	2026Jun 2026
Revenue	19.2	26.5	25.7	25.5	27.5	17.7	16.7	17.4	19.0	19.5	17.6	19.5	24.3	26.5	23.8	22.2	27.6
Cost of revenue	16.9	23.4	22.7	22.5	24.3	15.4	14.7	15.1	16.5	17.0	15.6	17.3	21.3	23.4	21.0	19.8	24.8
Gross profit	2.3	3.1	3.1	3.0	3.2	2.2	2.1	2.4	2.5	2.5	2.1	2.2	3.0	3.2	2.8	2.4	2.9
Selling, general and administrative	1.6	2.1	2.1	2.2	2.3	1.5	1.5	1.8	2.0	1.9	1.8	1.9	2.0	2.0	1.9	1.8	2.0
Operating income	0.6	0.9	0.9	0.6	0.8	0.7	0.6	0.4	0.2	0.4	−0.0	0.3	0.9	1.2	0.8	0.5	0.7
Interest expense	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.3	0.3	0.2	0.3
Provision for credit losses	—	—	—	—	—	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Income before tax	0.6	0.9	0.8	0.5	0.7	0.6	0.5	0.3	0.1	0.2	−0.1	0.2	0.8	1.0	0.6	0.3	0.5
Income tax	0.2	0.2	0.2	0.1	0.2	0.1	0.1	0.0	0.3	0.1	−0.1	−0.0	0.1	0.2	0.1	0.0	0.1
Net income	0.4	0.7	0.6	0.5	0.5	0.6	0.5	0.5	−0.2	0.2	−0.0	0.2	0.7	0.8	0.5	0.2	0.3
Diluted EPS	$2.68	$4.34	$3.79	$3.21	$3.89	$4.12	$3.80	$4.08	−$1.30	$1.59	−$0.31	$1.93	$6.94	$8.26	$5.43	$2.75	$4.01
Diluted shares (average)	153m	154m	150m	140m	140m	139m	133m	129m	120m	111m	100m	100m	100m	93m	92m	87m	83m
EBITDA	0.7	1.0	1.0	0.7	0.9	0.7	0.7	0.6	0.4	0.5	0.2	0.4	1.0	1.3	0.9	0.6	0.8

US$ millions unless shown otherwise. Fiscal quarters.

Avnet Inc: income statement, quarterly
Quarter	2025 Q1Sept 2024	2025 Q2Dec 2024	2025 Q3Mar 2025	2025 Q4Jun 2025	2026 Q1Sept 2025	2026 Q2Dec 2025	2026 Q3Mar 2026	2026 Q4Jun 2026
Revenue	5,604	5,663	5,315	5,618	5,899	6,319	7,120	8,295
Cost of revenue	4,997	5,067	4,728	5,024	5,284	5,656	6,381	7,430
Gross profit	607	596	588	594	615	663	739	865
Selling, general and administrative	439	437	435	451	464	492	519	548
Operating income	142	155	143	73	142	146	206	231
Interest expense	64	62	61	58	60	61	63	66
Provision for credit losses	2	4	2	−4	−2	−0	1	1
Income before tax	75	90	78	7	77	90	141	160
Income tax	16	3	−10	1	25	28	46	34
Net income	59	87	88	6	52	62	94	127
Diluted EPS	$0.66	$0.99	$1.01	$0.10	$0.61	$0.75	$1.14	$1.52
EBITDA	162	172	160	92	159	165	224	254

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

Compare with peers

Head to head: AVT vs CDW ARW vs AVT AVT vs INGM AVT vs SNX

More: Technology Distributors stocks compared, Technology sector, rankings of US companies

Figures from Avnet Inc's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Avnet Inc.