Filing Flows › Avnet (AVT) › Q4 FY26 › vs Q4 FY25
Avnet (AVT) Q4 FY26 vs Q4 FY25 (year over year)
Avnet's revenue rose $2.7B (+48%) from $5.6B in Q4 FY25 to $8.3B in Q4 FY26. Gross margin 10.4% against 10.6% (-0.1 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 Q4 FY25, the increases inside each band.
Margins
| Q4 FY26 | Q4 FY25 | Change | |
|---|---|---|---|
| Gross margin | 10.4% | 10.6% | -0.1 pts |
| Operating margin | 2.8% | 1.3% | +1.5 pts |
| Net margin | 1.5% | 0.1% | +1.4 pts |
Every line
| Line | Q4 FY26 | Q4 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $8.3B | $5.6B | $2.7B | +48% |
| Gross profit | $865M | $594M | $271M | +46% |
| Cost of revenue | $7.4B | $5.0B | $2.4B | +48% |
| Operating profit | $231M | $73.5M | $158M | +215% |
| Operating expenses | $634M | $520M | $114M | +22% |
| Pre-tax earnings | $160M | $7.4M | $153M | 22× |
| Other expense, net | $70.9M | $66.0M | $4.8M | +7% |
| SG&A | $548M | $451M | $96.3M | +21% |
| Other operating costs | $86.5M | $69.1M | $17.4M | +25% |
| Net earnings | $127M | $6.1M | $120M | 21× |
| Income tax | $33.6M | $1.3M | $32.3M | 26× |
| Operating cash sources | $453M | −$109M | $562M | — |
| Depreciation & amortization | $22.6M | $18.3M | $4.2M | +23% |
| Share-based compensation | $13.0M | $6.0M | $7.0M | +118% |
| Cash used in operations | $291M | −$139M | $430M | — |
| Working capital & other | $453M | −$109M | $562M | — |
Questions
How much did Avnet's revenue grow year over year in Q4 FY26?
Avnet's revenue rose $2.7B (+48%) from $5.6B in Q4 FY25 to $8.3B in Q4 FY26. Gross margin 10.4% against 10.6% (-0.1 pts).