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Avnet AVT Premier Farnell — Selling General And Administrative Expense

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Other financials

Income statement

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Revenue$7.1B+33.9%
Gross profit$739.1M+25.7%
Operating income$205.5M+43.5%
Net income$94.3M+7.3%
EPS (diluted)$1.14+12.9%

Balance sheet

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Cash & equivalents$202.4M+7.2%
Total debt$3.2B+12.0%
Total equity$5.0B+1.4%
Total assets$13.5B+15.2%

Cash flow

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Operating cash flow$208.2M-38.4%
CapEx$16.9M-36.9%
Free cash flow-$70.7M-162%

Valuation

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Market cap$7.97B+92.3%
Enterprise value$10.94B+60.2%
P/E37.3×+20.0×
P/S0.3×+0.1×

Profitability

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Gross margin10.5%-0.5pp
Operating margin2.3%-0.5pp
Net margin0.9%-0.6pp
FCF margin0.1%-3.2pp

Returns & leverage

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Return on equity4.3%-2.1pp
Debt / equity0.6×+0.1×
Current ratio-0.4×

Where this comes from

Reported directly by Avnet in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The source filing: Avnet’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 6:12 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0000008858-26-000042
Line itemThird Quarters Ended / March 28, 2026Third Quarters Ended / March 29, 2025Nine Months Ended / March 28, 2026Nine Months Ended / March 29, 2025
Operating income$235,234$172,179$581,310$551,169
Farnell
Cost of goods sold$330,822$268,039$934,849$782,117
Selling, general and administrative expenses100,04687,651284,925260,900
Operating income$23,789$10,974$60,886$16,310
Total reportable segment operating income$259,023$183,153$642,196$567,479
Corporate
Corporate selling, general and administrative expenses$(38,387)$(30,428)$(99,142)$(86,323)

Item 1. Financial Statements (Unaudited)

FAQ

What is Avnet's premier farnell — selling general and administrative expense?
Avnet (AVT) reported premier farnell — selling general and administrative expense of $100.05M in Q1 2026.
How has Avnet's premier farnell — selling general and administrative expense changed year-over-year?
Avnet's premier farnell — selling general and administrative expense increased by 14.1% year-over-year, from $87.65M to $100.05M.
What is the long-term trend for Avnet's premier farnell — selling general and administrative expense?
Over 2 years (2023 to 2025), Avnet's premier farnell — selling general and administrative expense has grown at a -7.8% compound annual growth rate (CAGR), from $404.3M to $343.8M.
What does premier farnell — selling general and administrative expense mean?
This captures the operating overhead required to run the Premier Farnell segment, including sales force compensation, marketing, administrative salaries, and facility costs. It reflects the segment's internal cost structure and the efficiency of its support functions. Managing these expenses is critical for maintaining operating margins during periods of revenue fluctuation.

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