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Avnet AVT Gross margin

Gross margin at other companies

Arrow Electronics logo
Arrow ElectronicsARW
11.3%-0.2pp
TD SYNNEX logo
TD SYNNEXSNX
7.1%+0.4pp
Element Solutions logo
Element SolutionsESI
40.8%-1.2pp
Sanmina Corp logo
Sanmina CorpSANM
8.5%0.0pp
Amkor Technology logo
Amkor TechnologyAMKR
14.4%+0.3pp
Credo Technology Group Holding Ltd logo
Credo Technology Group Holding LtdCRDO
68%+3.3pp

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$7.5B+21.3%
Enterprise value$10.47B+17.8%
P/E35.1×+15.5×
P/S0.3×0.0×

Profitability

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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

Calculated from Avnet’s reported figures.

Based on trailing twelve months.

The official record: Avnet’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Avnet's gross margin?
Avnet (AVT) reported gross margin of 10.5% in Q1 2026.
How has Avnet's gross margin changed year-over-year?
Avnet's gross margin decreased by 4.8% year-over-year, from 11% to 10.5%.
What is the long-term trend for Avnet's gross margin?
Over 4 years (2021 to 2025), Avnet's gross margin has grown at a -1.6% compound annual growth rate (CAGR), from 11.5% to 10.7%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.