Filing Flows › Aviat Networks (AVNW) › Q4 FY26
Aviat Networks (AVNW) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Aug 27, 2026
Aviat Networks (AVNW) reported revenue of $121M for the fourth quarter fiscal 2026 (Q4 FY26), +5% from a year earlier and +21% from the quarter before. Operating margin was 4.8%, net loss $1.3M (1.1% of revenue).
Aviat Networks, Q4 FY26: revenue $121M (+5% year over year), operating margin 4.8%, net loss $1.3M, operating cash flow $3.1M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $121M | +21% | +5% |
| Operating profit | $5.8M | +520% | -34% |
| Net earnings | −$1.3M | — | -125% |
| Operating cash flow | $3.1M | — | -71% |
| Free cash flow | $2.5M | — | -70% |
What changed
Revenue was $120.9M in Q4 FY26, up 5% year over year and up 21% from the previous quarter. Product sales was the largest line at 74% of revenue.
Gross margin was 30.8%, down 3.4 points from Q4 FY25. Operating profit was $5.8M, a 4.8% margin (down 2.9 points year over year). Operating profit fell $3.1M even though revenue rose $5.5M versus Q4 FY25, so costs grew faster than sales. Operating expenses grew 3% against revenue growth of 5%. The quarter ended with a net loss of $1.3M, narrower than the previous quarter's $2.1M loss. Net interest and other expense of $921K was the main reason.
Operating cash flow was $3.1M (down 71% year over year). Non-cash charges added back $1.2M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items added $1.5M. Capital expenditures of $615K left free cash flow of $2.5M.
Questions
What was Aviat Networks' revenue in the fourth quarter fiscal 2026?
Aviat Networks (AVNW) reported revenue of $121M for the fourth quarter fiscal 2026 (Q4 FY26), +5% from a year earlier and +21% from the quarter before.
Was Aviat Networks profitable in the fourth quarter fiscal 2026?
Operating profit was $5.8M (4.8% of revenue) and net loss $1.3M.
Source: Aviat Networks 10-K on SEC EDGAR.