Filing Flows › Aviat Networks (AVNW) › Q4 FY25
Aviat Networks (AVNW) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Sep 10, 2025
Aviat Networks (AVNW) reported revenue of $115M for the fourth quarter fiscal 2025 (Q4 FY25), -1% from a year earlier and +2% from the quarter before. Operating margin was 7.7%, net earnings $5.2M (4.5% of revenue).
Aviat Networks, Q4 FY25: revenue $115M (-1% year over year), operating margin 7.7%, net earnings $5.2M, operating cash flow $10.5M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $115M | +2% | -1% |
| Gross profit | $39.5M | +0.4% | -4% |
| Operating profit | $8.9M | -4% | +63% |
| Net earnings | $5.2M | +47% | +236% |
| Operating cash flow | $10.5M | +547% | +26% |
| Free cash flow | $8.2M | — | +10% |
What changed
Revenue was $115.3M in Q4 FY25, down 1% year over year and up 2% from the previous quarter. Product sales was the largest line at 58% of revenue.
Gross margin was 34.2%, down 1.0 points from a year earlier. Operating profit was $8.9M, a 7.7% margin (up 3.0 points year over year). Operating expenses fell 14% while revenue fell 1%. The fastest-growing cost line was Other operating costs (+23%). Net earnings were $5.2M, up 236% year over year. The effective tax rate was 48.9%.
Operating cash flow was $10.5M (up 26% year over year), 202% of net earnings. Non-cash charges added back $1.4M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $2.5M. Capital expenditures of $2.3M left free cash flow of $8.2M.
Questions
What was Aviat Networks' revenue in the fourth quarter fiscal 2025?
Aviat Networks (AVNW) reported revenue of $115M for the fourth quarter fiscal 2025 (Q4 FY25), -1% from a year earlier and +2% from the quarter before.
Was Aviat Networks profitable in the fourth quarter fiscal 2025?
Operating profit was $8.9M (7.7% of revenue) and net earnings $5.2M.
Source: Aviat Networks 10-K on SEC EDGAR.