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Aviat Networks AVNW Q3 2025 earnings

Reported May 6, 2025 · After market close

Revenue$112.6MMiss by $2.0M
EPS$0.88Beat by $0.65
Revenue estimate$114.7M
EPS estimate$0.23

Next report

Aug 26, 2026 (In 3 weeks)
Revenue estimate$110.1M
EPS estimate$0.55

Financials

Q3 2025

Income statement

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Revenue$112.6M+1.6%
Gross profit$39.3M+8.9%
Operating income$9.3M+64.0%
Net income$3.5M-8.8%
EPS (diluted)$0.27-10.0%

Balance sheet

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Cash & equivalents$51.7M-11.6%
Total debt$77.5M+48.7%
Total equity$256.1M0.0%
Total assets$628.3M+28.1%

Cash flow

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CapEx$2.8M+462%
Free cash flow-$1.2M-108%

Valuation & ratios

Valuation

as of 03/28/25
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Market cap$243.15M-49.5%
Enterprise value$268.96M-43.3%
P/S0.6×-0.7×

Profitability

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Gross margin32.4%-3.0pp
Operating margin1.6%-3.2pp
Net margin-0.5%-3.5pp

Returns & leverage

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Return on equity-0.9%-5.6pp
Debt / equity0.3×+0.1×
Current ratio1.6×-0.5×

Segments

By geography

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North America$49.4M+11.3%
Latin America and Asia Pacific$38.7M-20.1%
Africa and the Middle East$15.1M+32.3%
Europe$9.4M+44.0%

By product

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Services$35.8M-12.1%

Versus estimates

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Questions, answered.

When did Aviat Networks report Q3 2025 earnings?
Aviat Networks (AVNW) reported Q3 2025 earnings on May 6, 2025 after market close.
What were Aviat Networks's Q3 2025 revenue and EPS?
Aviat Networks reported revenue of $112.6M and eps of $0.88 for Q3 2025.
Did Aviat Networks beat estimates in Q3 2025?
Revenue missed the consensus estimate of $114.7M by $2.0M. EPS beat the consensus estimate of $0.23 by $0.65.
How did Aviat Networks's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 0.9% from $111.6M a year earlier and eps grew 20.5% from $0.73.
Where can I find Aviat Networks's Q3 2025 SEC filings?
You can read the 10-Q periodic report (0001377789-25-000016) directly on SEC EDGAR. The filing index links above go to sec.gov.