Filing Flows › Aviat Networks (AVNW) › Q3 FY26
Aviat Networks (AVNW) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 4, 2026
Aviat Networks (AVNW) reported revenue of $100M for the third quarter fiscal 2026 (Q3 FY26), -11% from a year earlier and -10% from the quarter before. Operating margin was 0.9%, net loss $2.1M (2.1% of revenue).
Aviat Networks, Q3 FY26: revenue $100M (-11% year over year), operating margin 0.9%, net loss $2.1M, operating cash flow −$1.7M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $100M | -10% | -11% |
| Operating profit | $939K | -87% | -90% |
| Net earnings | −$2.1M | -136% | -159% |
| Operating cash flow | −$1.7M | -107% | -205% |
What changed
Revenue was $100.0M in Q3 FY26, down 11% year over year and down 10% from the previous quarter. Product sales was the largest line at 68% of revenue. Product sales lost $8.4M year over year (down 11%), 67% of the total change.
Gross margin was 29.3%, down 5.6 points from Q3 FY25. Operating profit was $939K, a 0.9% margin (down 7.3 points year over year). Operating expenses fell 6% while revenue fell 11%. The fastest-growing cost line was Other operating costs (+82%). The quarter ended with a net loss of $2.1M, after a profit of $5.7M the previous quarter. Net interest and other expense of $3.2M was the main reason.
Operating cash flow was −$1.7M. Non-cash charges added back $700K of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items used $1.9M. Capital expenditures of $3.7M exceeded it, leaving free cash flow of −$5.4M.
Questions
What was Aviat Networks' revenue in the third quarter fiscal 2026?
Aviat Networks (AVNW) reported revenue of $100M for the third quarter fiscal 2026 (Q3 FY26), -11% from a year earlier and -10% from the quarter before.
Was Aviat Networks profitable in the third quarter fiscal 2026?
Operating profit was $939K (0.9% of revenue) and net loss $2.1M.
Source: Aviat Networks 10-Q on SEC EDGAR.