Filing Flows › Avnet (AVT) › Q1 FY27 › vs Q4 FY26
Avnet (AVT) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Avnet's revenue rose $2.4B (+29%) from $8.3B in Q4 FY26 to $10.7B in Q1 FY27. Gross margin 10.0% against 10.4% (-0.4 pts).
Avnet, Q1 FY27: revenue $10.7B (+82% year over year), operating margin 4.4%, net earnings $282M, operating cash flow −$842M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 10.0% | 10.4% | -0.4 pts |
| Operating margin | 4.4% | 2.8% | +1.6 pts |
| Net margin | 2.6% | 1.5% | +1.1 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $10.7B | $8.3B | $2.4B | +29% |
| Gross profit | $1.1B | $865M | $209M | +24% |
| Cost of revenue | $9.6B | $7.4B | $2.2B | +30% |
| Operating profit | $475M | $231M | $244M | +105% |
| Operating expenses | $599M | $634M | −$34.8M | -5% |
| Pre-tax earnings | $372M | $160M | $211M | +132% |
| Other expense, net | $103M | $70.9M | $32.2M | +45% |
| SG&A | $576M | $548M | $28.8M | +5% |
| Other operating costs | $22.9M | $86.5M | −$63.6M | -73% |
| Net earnings | $282M | $127M | $156M | +123% |
| Income tax | $89.5M | $33.6M | $55.9M | +166% |
| Operating cash sources | $1.2B | $453M | $710M | +157% |
| Depreciation & amortization | $19.2M | $22.6M | −$3.3M | -15% |
| Share-based compensation | $18.9M | $13.0M | $5.9M | +46% |
| Cash used in operations | $842M | $291M | $552M | +190% |
| Working capital & other | $1.2B | $453M | $710M | +157% |
Questions
How much did Avnet's revenue grow quarter over quarter in Q1 FY27?
Avnet's revenue rose $2.4B (+29%) from $8.3B in Q4 FY26 to $10.7B in Q1 FY27. Gross margin 10.0% against 10.4% (-0.4 pts).