Filing Flows › Avnet (AVT) › Q4 FY26 › vs Q3 FY26
Avnet (AVT) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Avnet's revenue rose $1.2B (+17%) from $7.1B in Q3 FY26 to $8.3B in Q4 FY26. Gross margin 10.4% against 10.4% (+0.0 pts).
Avnet, Q4 FY26: revenue $8.3B (+48% year over year), operating margin 2.8%, net earnings $127M, operating cash flow −$291M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 10.4% | 10.4% | +0.0 pts |
| Operating margin | 2.8% | 2.9% | -0.1 pts |
| Net margin | 1.5% | 1.3% | +0.2 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $8.3B | $7.1B | $1.2B | +17% |
| Gross profit | $865M | $739M | $126M | +17% |
| Cost of revenue | $7.4B | $6.4B | $1.0B | +16% |
| Operating profit | $231M | $206M | $25.5M | +12% |
| Operating expenses | $634M | $534M | $100M | +19% |
| Pre-tax earnings | $160M | $141M | $19.6M | +14% |
| Other expense, net | $70.9M | $65.0M | $5.9M | +9% |
| SG&A | $548M | $519M | $28.7M | +6% |
| Other operating costs | $86.5M | $14.7M | $71.8M | +487% |
| Net earnings | $127M | $94.3M | $32.2M | +34% |
| Income tax | $33.6M | $46.2M | −$12.7M | -27% |
| Operating cash sources | $453M | $177M | $276M | +156% |
| Depreciation & amortization | $22.6M | $18.8M | $3.8M | +20% |
| Share-based compensation | $13.0M | $9.9M | $3.0M | +30% |
| Cash used in operations | $291M | $53.8M | $237M | +440% |
| Working capital & other | $453M | $177M | $276M | +156% |
Questions
How much did Avnet's revenue grow quarter over quarter in Q4 FY26?
Avnet's revenue rose $1.2B (+17%) from $7.1B in Q3 FY26 to $8.3B in Q4 FY26. Gross margin 10.4% against 10.4% (+0.0 pts).