SequelSEC

AVNET INC AVT

Wholesale-Electronic Parts & Equipment, NEC · CIK 0000008858 · Fiscal year ends 0703

Revenue
$27.63B
Fiscal year ended 2026-06-27
Operating income
$724.78M
Fiscal year ended 2026-06-27
Free cash flow
-$354.50M
Fiscal year ended 2026-06-27

AVNET INC (AVT) reported revenue of $27.63B and net income of $334.39M for the fiscal year ended 2026-06-27. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from AVNET INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Wholesale-Electronic Parts & Equipment, NEC.

Income

AVNET INC income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-272025-06-282024-06-292023-07-012022-07-022021-07-032020-06-272019-06-292018-06-302017-07-01
Revenue$27.63B$22.20B$23.76B$26.54B$24.31B$19.53B$17.63B$19.52B$19.04B$17.44B
Cost of revenue$24.75B$19.82B$20.99B$23.35B$21.35B$17.29B$15.57B$17.03B$16.51B$15.07B
Gross profit$2.88B$2.38B$2.77B$3.18B$2.97B$2.24B$2.06B$2.49B$2.53B$2.37B
Operating income$724.78M$514.25M$844.37M$1.19B$939.01M$281.41M-$4.63M$365.91M$209.22M$443.70M
Net income$334.39M$240.22M$498.70M$770.83M$692.38M$193.11M-$31.08M$176.34M-$156.42M$525.28M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 83.42Mshares 87.41Mshares 91.84Mshares 93.37Mshares 99.82Mshares 100.17Mshares 100.47Mshares 110.80Mshares 119.91Mshares 128.65M
Pretax income$467.44M$250.57M$632.26M$982.88M$833.33M$172.93M-$129.58M$236.60M$145.08M$310.40M
Income tax expense$133.05M$10.35M$133.56M$212.05M$140.96M-$20.18M-$98.50M$60.26M$287.97M$47.05M
Diluted EPS$4.01$2.75$5.43$8.26$6.94$1.93$-0.31$1.59$-1.30$4.08
Selling, general & administrative$2.02B$1.76B$1.87B$1.97B$1.99B$1.87B$1.84B$1.87B$1.99B$1.79B
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

AVNET INC balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-272025-06-282024-06-292023-07-012022-07-022021-07-032020-06-272019-06-292018-06-302017-07-01
Cash & equivalents$155.40M$192.43M$310.94M$288.23M$153.69M$199.69M$477.04M$546.10M$621.12M$836.38M
Total assets$15.43B$12.12B$12.21B$12.48B$10.39B$8.93B$8.11B$8.56B$9.60B$9.70B
Current assets$13.33B$10.02B$10.37B$10.75B$8.88B$7.16B$6.33B$6.88B$7.61B$7.53B
Total liabilities$10.40B$7.11B$7.28B$7.73B$6.20B$4.84B$4.38B$4.42B$4.91B$4.52B
Current liabilities$7.50B$4.13B$4.47B$4.25B$4.25B$3.06B$2.28B$2.58B$2.97B$2.45B
Total equity incl. NCI$5.02B$5.01B$4.93B$4.75B$4.19B$4.08B$3.73B$4.14B$4.69B$5.18B
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$6.07B$5.24B$5.47B$5.47B$4.24B$3.24B$2.73B$3.01B$3.14B$2.82B
Accounts receivable$6.88B$4.33B$4.39B$4.76B$4.30B$3.58B$2.93B$3.17B$3.64B$3.34B
Goodwill$810.16M$837.03M$780.98M$780.63M$758.83M$838.10M$773.73M$876.73M$980.87M$1.15B
Long-term debt$2.48B$2.57B$2.41B$2.99B$1.44B$1.19B$1.42B$1.42B$1.49B$1.73B
Accounts payable$6.05B$3.49B$3.35B$3.37B$3.43B$2.40B$1.75B$1.86B$2.27B$1.86B

Cash flow

AVNET INC cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-272025-06-282024-06-292023-07-012022-07-022021-07-032020-06-272019-06-292018-06-302017-07-01
Operating cash flow-$280.92M$724.50M$689.98M-$713.70M-$219.31M$90.95M$730.18M$534.77M$253.48M-$368.69M
Capital expenditures$73.57M$147.47M$226.48M$194.67M$48.90M$50.36M$73.52M$122.69M$155.87M$120.40M
Investing cash flow-$71.47M-$137.13M-$225.48M-$211.55M$51.30M-$61.20M-$135.02M-$25.21M$71.73M$1.34B
Financing cash flow$315.89M-$693.53M-$433.80M$1.05B$156.06M-$314.01M-$644.55M-$582.68M-$541.89M-$1.19B
Net change in cash-$37.03M-$118.51M$22.71M$134.54M-$46.00M-$277.35M-$69.07M-$75.02M-$215.26M-$195.09M
Stock-based compensation$48.69M$36.40M$33.50M$38.78M$36.74M$29.34M$26.83M$30.10M$23.99M$47.69M
Common dividends paid$114.36M$113.31M$111.96M$106.32M$98.49M$84.31M$83.98M$87.16M$88.26M$88.66M
Common share repurchases$138.31M$303.49M$162.72M$221.73M$184.38MUnavailable$237.84M$568.71M$323.52M$275.88M
Depreciation & amortization$76.79M$71.62M$86.71M$88.61M$102.33M$131.90M$182.20M$180.80M$234.90M$155.40M

Derived

AVNET INC derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-272025-06-282024-06-292023-07-012022-07-022021-07-032020-06-272019-06-292018-06-302017-07-01
Free cash flow-$354.50M$577.03M$463.51M-$908.38M-$268.21M$40.59M$656.67M$412.08M$97.61M-$489.09M
Gross margin10.4%10.7%11.6%12.0%12.2%11.5%11.7%12.7%13.3%13.6%
Operating margin2.6%2.3%3.6%4.5%3.9%1.4%-0.0%1.9%1.1%2.5%
FCF margin-1.3%2.6%2.0%-3.4%-1.1%0.2%3.7%2.1%0.5%-2.8%
SBC / revenue0.2%0.2%0.1%0.1%0.2%0.2%0.2%0.2%0.1%0.3%
Current ratio1.78x2.43x2.32x2.53x2.09x2.34x2.78x2.67x2.56x3.07x
Revenue YoY growth24.5%-6.6%-10.5%9.2%24.4%10.8%-9.7%2.5%9.2%Unavailable
Net margin1.2%1.1%2.1%2.9%2.8%1.0%-0.2%0.9%-0.8%3.0%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue0.3%0.7%1.0%0.7%0.2%0.3%0.4%0.6%0.8%0.7%
Long-term debt / equity0.49x0.51xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate28.5%4.1%21.1%21.6%16.9%-11.7%Unavailable25.5%198.5%15.2%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open AVT in the interactive workspace to inspect any figure back to its filing.

Source filings

10-K · Filed 2026-08-14View SEC filing
10-Q · Filed 2026-05-01View SEC filing
10-Q · Filed 2026-01-30View SEC filing
10-Q · Filed 2025-10-31View SEC filing
10-K · Filed 2025-08-15View SEC filing
10-Q · Filed 2025-05-02View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.