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Aviat Networks AVNW Non-cash lease expense

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Other financials

Income statement

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Revenue$100.0M-11.2%
Gross profit$29.3M-25.5%
Operating income$939.0K-89.9%
Net income-$2.1M-159%
EPS (diluted)-$0.16-159%

Balance sheet

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Cash & equivalents$80.2M+55.3%
Total debt$106.7M+37.7%
Total equity$271.8M+6.1%
Total assets$616.5M-1.9%

Cash flow

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Operating cash flow$23.9M
CapEx$3.7M+31.8%
Free cash flow$22.5M

Valuation

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Market cap$287.26M-10.2%
Enterprise value$313.68M-10.0%
P/E31.9×-207×
P/S0.7×-0.1×

Profitability

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Gross margin32.4%0.0pp
Operating margin5.1%+3.5pp
Net margin2.1%+1.7pp
FCF margin-0.4%-0.2pp

Returns & leverage

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Return on equity3.4%+2.8pp
Debt / equity0.4×+0.1×
Current ratio+0.4×

Where this comes from

Reported directly by Aviat Networks in its filing.

Tagged under the XBRL concept avnw:NoncashLeaseExpense.

The official record: Aviat Networks’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Aviat Networks's non-cash lease expense?
Aviat Networks (AVNW) reported non-cash lease expense of $250K in Q1 2026.
How has Aviat Networks's non-cash lease expense changed year-over-year?
Aviat Networks's non-cash lease expense decreased by 35.7% year-over-year, from $389K to $250K.
What is the long-term trend for Aviat Networks's non-cash lease expense?
Over 3 years (2022 to 2025), Aviat Networks's non-cash lease expense has grown at a 12.8% compound annual growth rate (CAGR), from $1.06M to $1.52M.
What does non-cash lease expense mean?
This represents the portion of lease expenses recognized in the income statement that does not involve an immediate cash outflow, typically associated with the amortization of right-of-use assets. It is a standard accounting adjustment used to reconcile net income to cash flow from operations under lease accounting standards. Monitoring this helps investors distinguish between actual cash obligations and accounting-driven expense recognition.