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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 us-gaap:ResearchAndDevelopmentExpense.

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 R&D?
Aviat Networks (AVNW) reported R&D of $7.66M in Q1 2026.
How has Aviat Networks's R&D changed year-over-year?
Aviat Networks's R&D decreased by 0.6% year-over-year, from $7.7M to $7.66M.
What is the long-term trend for Aviat Networks's R&D?
Over 3 years (2022 to 2025), Aviat Networks's R&D has grown at a 16.5% compound annual growth rate (CAGR), from $22.6M to $35.77M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.