# Avnet Inc: financial statements, quarterly

AVT · Nasdaq · CIK 8858 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Jul 3

Pages: [Overview](/companies/avt.md) · [Financials](/companies/avt/financials.md) · [Filings](/companies/avt/filings.md) · [Insiders](/companies/avt/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/avt/financials.md?period=annual).

## Income statement

| Line item | Unit | Q1 FY2024 (2023-09-30) | Q2 FY2024 (2023-12-30) | Q3 FY2024 (2024-03-30) | Q4 FY2024 (2024-06-29) | Q1 FY2025 (2024-09-28) | Q2 FY2025 (2024-12-28) | Q3 FY2025 (2025-03-29) | Q4 FY2025 (2025-06-28) | Q1 FY2026 (2025-09-27) | Q2 FY2026 (2025-12-27) | Q3 FY2026 (2026-03-28) | Q4 FY2026 (2026-06-27) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [6,336](/filings/0000008858-24-000041.md) | [6,205](/filings/0000008858-25-000009.md) | [5,654](/filings/0000008858-25-000018.md) | [5,563 d](/filings/0001104659-26-096346.md) | [5,604](/filings/0000008858-25-000066.md) | [5,663](/filings/0000008858-26-000025.md) | [5,315](/filings/0000008858-26-000042.md) | [5,618 d](/filings/0001104659-26-096346.md) | [5,899](/filings/0000008858-25-000066.md) | [6,319](/filings/0000008858-26-000025.md) | [7,120](/filings/0000008858-26-000042.md) | [8,295 d](/filings/0001104659-26-096346.md) |
| Cost of revenue | $m | [5,588](/filings/0000008858-24-000041.md) | [5,499](/filings/0000008858-25-000009.md) | [4,984](/filings/0000008858-25-000018.md) | [4,920 d](/filings/0001104659-26-096346.md) | [4,997](/filings/0000008858-25-000066.md) | [5,067](/filings/0000008858-26-000025.md) | [4,728](/filings/0000008858-26-000042.md) | [5,024 d](/filings/0001104659-26-096346.md) | [5,284](/filings/0000008858-25-000066.md) | [5,656](/filings/0000008858-26-000025.md) | [6,381](/filings/0000008858-26-000042.md) | [7,430 d](/filings/0001104659-26-096346.md) |
| Gross profit | $m | [748](/filings/0000008858-24-000041.md) | [706](/filings/0000008858-25-000009.md) | [669](/filings/0000008858-25-000018.md) | [643 d](/filings/0001104659-26-096346.md) | [607](/filings/0000008858-25-000066.md) | [596](/filings/0000008858-26-000025.md) | [588](/filings/0000008858-26-000042.md) | [594 d](/filings/0001104659-26-096346.md) | [615](/filings/0000008858-25-000066.md) | [663](/filings/0000008858-26-000025.md) | [739](/filings/0000008858-26-000042.md) | [865 d](/filings/0001104659-26-096346.md) |
| Selling, general and administrative | $m | [487](/filings/0000008858-24-000041.md) | [465](/filings/0000008858-25-000009.md) | [467](/filings/0000008858-25-000018.md) | [450 d](/filings/0001104659-26-096346.md) | [439](/filings/0000008858-25-000066.md) | [437](/filings/0000008858-26-000025.md) | [435](/filings/0000008858-26-000042.md) | [451 d](/filings/0001104659-26-096346.md) | [464](/filings/0000008858-25-000066.md) | [492](/filings/0000008858-26-000025.md) | [519](/filings/0000008858-26-000042.md) | [548 d](/filings/0001104659-26-096346.md) |
| Operating income | $m | [254](/filings/0000008858-24-000041.md) | [236](/filings/0000008858-25-000009.md) | [190](/filings/0000008858-25-000018.md) | [164 d](/filings/0001104659-26-096346.md) | [142](/filings/0000008858-25-000066.md) | [155](/filings/0000008858-26-000025.md) | [143](/filings/0000008858-26-000042.md) | [73.5 d](/filings/0001104659-26-096346.md) | [142](/filings/0000008858-25-000066.md) | [146](/filings/0000008858-26-000025.md) | [206](/filings/0000008858-26-000042.md) | [231 d](/filings/0001104659-26-096346.md) |
| Interest expense | $m | [70.8](/filings/0000008858-23-000039.md) | [74.3](/filings/0000008858-24-000008.md) | [73.5](/filings/0000008858-24-000020.md) | [64.3 d](/filings/0000008858-24-000030.md) | [64.4](/filings/0000008858-25-000066.md) | [62.4](/filings/0000008858-26-000025.md) | [61.1](/filings/0000008858-26-000042.md) | [58.4 d](/filings/0001104659-26-096346.md) | [59.8](/filings/0000008858-25-000066.md) | [61.4](/filings/0000008858-26-000025.md) | [63.1](/filings/0000008858-26-000042.md) | [66.5 d](/filings/0001104659-26-096346.md) |
| Income tax | $m | [66.2](/filings/0000008858-24-000041.md) | [35.6](/filings/0000008858-25-000009.md) | [13.1](/filings/0000008858-25-000018.md) | [18.7 d](/filings/0001104659-26-096346.md) | [15.8](/filings/0000008858-25-000066.md) | [3.0](/filings/0000008858-26-000025.md) | [(9.8)](/filings/0000008858-26-000042.md) | [1.3 d](/filings/0001104659-26-096346.md) | [25.1](/filings/0000008858-25-000066.md) | [28.2](/filings/0000008858-26-000025.md) | [46.2](/filings/0000008858-26-000042.md) | [33.6 d](/filings/0001104659-26-096346.md) |
| Net income | $m | [209](/filings/0000008858-25-000018.md) | [118](/filings/0000008858-25-000018.md) | [88.8](/filings/0000008858-25-000018.md) | [82.7 d](/filings/0001104659-26-096346.md) | [59.0](/filings/0000008858-26-000042.md) | [87.3](/filings/0000008858-26-000042.md) | [87.9](/filings/0000008858-26-000042.md) | [6.1 d](/filings/0001104659-26-096346.md) | [51.7](/filings/0000008858-26-000042.md) | [61.7](/filings/0000008858-26-000042.md) | [94.3](/filings/0000008858-26-000042.md) | [127 d](/filings/0001104659-26-096346.md) |
| Diluted EPS | $ per share | [2.25](/filings/0000008858-24-000041.md) | [1.28](/filings/0000008858-25-000009.md) | [0.97](/filings/0000008858-25-000018.md) | not reported | [0.66](/filings/0000008858-25-000066.md) | [0.99](/filings/0000008858-26-000025.md) | [1.01](/filings/0000008858-26-000042.md) | not reported | [0.61](/filings/0000008858-25-000066.md) | [0.75](/filings/0000008858-26-000025.md) | [1.14](/filings/0000008858-26-000042.md) | not reported |
| Basic EPS | $ per share | [2.29](/filings/0000008858-24-000041.md) | [1.31](/filings/0000008858-25-000009.md) | [0.98](/filings/0000008858-25-000018.md) | not reported | [0.67](/filings/0000008858-25-000066.md) | [1.00](/filings/0000008858-26-000025.md) | [1.02](/filings/0000008858-26-000042.md) | not reported | [0.62](/filings/0000008858-25-000066.md) | [0.76](/filings/0000008858-26-000025.md) | [1.15](/filings/0000008858-26-000042.md) | not reported |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfRevenue
- Gross profit: us-gaap:GrossProfit
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense, us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q1 FY2024 (2023-09-30) | Q2 FY2024 (2023-12-30) | Q3 FY2024 (2024-03-30) | FY2024 (2024-06-29) | Q1 FY2025 (2024-09-28) | Q2 FY2025 (2024-12-28) | Q3 FY2025 (2025-03-29) | FY2025 (2025-06-28) | Q1 FY2026 (2025-09-27) | Q2 FY2026 (2025-12-27) | Q3 FY2026 (2026-03-28) | FY2026 (2026-06-27) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $bn | [0.3](/filings/0000008858-23-000039.md) | [0.3](/filings/0000008858-24-000008.md) | [0.2](/filings/0000008858-24-000020.md) | [0.3](/filings/0000008858-25-000028.md) | [0.3](/filings/0000008858-24-000041.md) | [0.2](/filings/0000008858-25-000009.md) | [0.2](/filings/0000008858-25-000018.md) | [0.2](/filings/0001104659-26-096346.md) | [0.2](/filings/0000008858-25-000066.md) | [0.3](/filings/0000008858-26-000025.md) | [0.2](/filings/0000008858-26-000042.md) | [0.2](/filings/0001104659-26-096346.md) |
| Current assets | $bn | [10.9](/filings/0000008858-23-000039.md) | [11.1](/filings/0000008858-24-000008.md) | [10.5](/filings/0000008858-24-000020.md) | [10.4](/filings/0000008858-25-000028.md) | [10.7](/filings/0000008858-24-000041.md) | [10.1](/filings/0000008858-25-000009.md) | [9.8](/filings/0000008858-25-000018.md) | [10.0](/filings/0001104659-26-096346.md) | [10.3](/filings/0000008858-25-000066.md) | [11.0](/filings/0000008858-26-000025.md) | [11.4](/filings/0000008858-26-000042.md) | [13.3](/filings/0001104659-26-096346.md) |
| Total assets | $bn | [12.6](/filings/0000008858-23-000039.md) | [13.0](/filings/0000008858-24-000008.md) | [12.3](/filings/0000008858-24-000020.md) | [12.2](/filings/0001104659-26-096346.md) | [12.6](/filings/0000008858-24-000041.md) | [11.9](/filings/0000008858-25-000009.md) | [11.7](/filings/0000008858-25-000018.md) | [12.1](/filings/0001104659-26-096346.md) | [12.4](/filings/0000008858-25-000066.md) | [13.2](/filings/0000008858-26-000025.md) | [13.5](/filings/0000008858-26-000042.md) | [15.4](/filings/0001104659-26-096346.md) |
| Current liabilities | $bn | [4.3](/filings/0000008858-23-000039.md) | [4.8](/filings/0000008858-24-000008.md) | [4.5](/filings/0000008858-24-000020.md) | [4.5](/filings/0000008858-25-000028.md) | [4.7](/filings/0000008858-24-000041.md) | [4.2](/filings/0000008858-25-000009.md) | [4.0](/filings/0000008858-25-000018.md) | [4.1](/filings/0001104659-26-096346.md) | [4.4](/filings/0000008858-25-000066.md) | [5.3](/filings/0000008858-26-000025.md) | [5.7](/filings/0000008858-26-000042.md) | [7.5](/filings/0001104659-26-096346.md) |
| Total liabilities | $bn | [7.8](/filings/0000008858-23-000039.md) | [8.0](/filings/0000008858-24-000008.md) | [7.3](/filings/0000008858-24-000020.md) | [7.3](/filings/0000008858-25-000028.md) | [7.6](/filings/0000008858-24-000041.md) | [7.1](/filings/0000008858-25-000009.md) | [6.8](/filings/0000008858-25-000018.md) | [7.1](/filings/0001104659-26-096346.md) | [7.6](/filings/0000008858-25-000066.md) | [8.2](/filings/0000008858-26-000025.md) | [8.5](/filings/0000008858-26-000042.md) | [10.4](/filings/0001104659-26-096346.md) |
| Long-term debt | $bn | [3.1](/filings/0000008858-23-000039.md) | [2.8](/filings/0000008858-24-000008.md) | [2.4](/filings/0000008858-24-000020.md) | [2.4](/filings/0000008858-25-000028.md) | [2.4](/filings/0000008858-24-000041.md) | [2.6](/filings/0000008858-25-000009.md) | [2.5](/filings/0000008858-25-000018.md) | [2.6](/filings/0001104659-26-096346.md) | [2.8](/filings/0000008858-25-000066.md) | [2.5](/filings/0000008858-26-000025.md) | [2.5](/filings/0000008858-26-000042.md) | [2.5](/filings/0001104659-26-096346.md) |
| Current portion of debt | $bn | [0.1](/filings/0000008858-23-000039.md) | [0.7](/filings/0000008858-24-000008.md) | [0.5](/filings/0000008858-24-000020.md) | [0.5](/filings/0000008858-25-000028.md) | [0.5](/filings/0000008858-24-000041.md) | [0.0](/filings/0000008858-25-000009.md) | [0.1](/filings/0000008858-25-000018.md) | [0.1](/filings/0001104659-26-096346.md) | [0.2](/filings/0000008858-25-000066.md) | [0.5](/filings/0000008858-26-000025.md) | [0.5](/filings/0000008858-26-000042.md) | [0.7](/filings/0001104659-26-096346.md) |
| Short-term borrowings | $bn | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Shareholders' equity | $bn | [4.8](/filings/0000008858-25-000018.md) | [5.0](/filings/0000008858-25-000018.md) | [5.0](/filings/0000008858-25-000018.md) | [4.9](/filings/0001104659-26-096346.md) | [5.0](/filings/0000008858-26-000042.md) | [4.8](/filings/0000008858-26-000042.md) | [4.9](/filings/0000008858-26-000042.md) | [5.0](/filings/0001104659-26-096346.md) | [4.8](/filings/0000008858-26-000042.md) | [4.9](/filings/0000008858-26-000042.md) | [5.0](/filings/0000008858-26-000042.md) | [5.0](/filings/0001104659-26-096346.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:DebtCurrent
- Short-term borrowings: not reported
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q1 FY2024 (2023-09-30) | Q2 FY2024 (2023-12-30) | Q3 FY2024 (2024-03-30) | Q4 FY2024 (2024-06-29) | Q1 FY2025 (2024-09-28) | Q2 FY2025 (2024-12-28) | Q3 FY2025 (2025-03-29) | Q4 FY2025 (2025-06-28) | Q1 FY2026 (2025-09-27) | Q2 FY2026 (2025-12-27) | Q3 FY2026 (2026-03-28) | Q4 FY2026 (2026-06-27) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [(41.3)](/filings/0000008858-24-000041.md) | [(42.3) d](/filings/0000008858-25-000009.md) | [499 d](/filings/0000008858-25-000018.md) | [274 d](/filings/0001104659-26-096346.md) | [106](/filings/0000008858-25-000066.md) | [338 d](/filings/0000008858-26-000025.md) | [141 d](/filings/0000008858-26-000042.md) | [139 d](/filings/0001104659-26-096346.md) | [(145)](/filings/0000008858-25-000066.md) | [208 d](/filings/0000008858-26-000025.md) | [(53.8) d](/filings/0000008858-26-000042.md) | [(291) d](/filings/0001104659-26-096346.md) |
| Capital expenditure | $m | [76.1](/filings/0000008858-24-000041.md) | [82.0 d](/filings/0000008858-25-000009.md) | [42.1 d](/filings/0000008858-25-000018.md) | [26.3 d](/filings/0001104659-26-096346.md) | [31.8](/filings/0000008858-25-000066.md) | [29.4 d](/filings/0000008858-26-000025.md) | [26.7 d](/filings/0000008858-26-000042.md) | [59.6 d](/filings/0001104659-26-096346.md) | [24.6](/filings/0000008858-25-000066.md) | [15.4 d](/filings/0000008858-26-000025.md) | [16.9 d](/filings/0000008858-26-000042.md) | [16.8 d](/filings/0001104659-26-096346.md) |
| Dividends paid | $m | [28.3](/filings/0000008858-24-000041.md) | [27.8](/filings/0000008858-24-000008.md) | [28.0](/filings/0000008858-24-000020.md) | [27.8 d](/filings/0001104659-26-096346.md) | [28.9](/filings/0000008858-25-000066.md) | [28.6 d](/filings/0000008858-26-000025.md) | [28.2 d](/filings/0000008858-26-000042.md) | [27.7 d](/filings/0001104659-26-096346.md) | [28.5](/filings/0000008858-25-000066.md) | [28.5 d](/filings/0000008858-26-000025.md) | [28.7 d](/filings/0000008858-26-000042.md) | [28.7 d](/filings/0001104659-26-096346.md) |
| Share repurchases | $m | [24.3](/filings/0000008858-24-000041.md) | [61.7 d](/filings/0000008858-25-000009.md) | [0.0 d](/filings/0000008858-25-000018.md) | [76.7 d](/filings/0001104659-26-096346.md) | [100.0](/filings/0000008858-25-000066.md) | [52.2 d](/filings/0000008858-26-000025.md) | [101 d](/filings/0000008858-26-000042.md) | [50.0 d](/filings/0001104659-26-096346.md) | [138](/filings/0000008858-25-000066.md) | [0.0 d](/filings/0000008858-26-000025.md) | [0.0 d](/filings/0000008858-26-000042.md) | [0.0 d](/filings/0001104659-26-096346.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: us-gaap:PaymentsOfDividendsCommonStock
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q1 FY2023 (2022-10-01) | Q2 FY2023 (2022-12-31) | Q3 FY2023 (2023-04-01) | Q1 FY2024 (2023-09-30) | Q2 FY2024 (2023-12-30) | Q3 FY2024 (2024-03-30) | Q1 FY2025 (2024-09-28) | Q2 FY2025 (2024-12-28) | Q3 FY2025 (2025-03-29) | Q1 FY2026 (2025-09-27) | Q2 FY2026 (2025-12-27) | Q3 FY2026 (2026-03-28) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [95.6](/filings/0000008858-23-000039.md) | [92.8](/filings/0000008858-24-000008.md) | [92.5](/filings/0000008858-24-000020.md) | [93.2](/filings/0000008858-24-000041.md) | [91.8](/filings/0000008858-25-000009.md) | [91.3](/filings/0000008858-25-000018.md) | [89.4](/filings/0000008858-25-000066.md) | [88.3](/filings/0000008858-26-000025.md) | [86.9](/filings/0000008858-26-000042.md) | [84.5](/filings/0000008858-25-000066.md) | [82.8](/filings/0000008858-26-000025.md) | [82.9](/filings/0000008858-26-000042.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 82,072,979 at 2026-08-07, from the cover of the [10-K filed 2026-08-14](/filings/0001104659-26-096346.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:17 ET. No prices; not investment advice.