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Avnet AVT Pre-Tax Income

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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 income205,535143,251493,763440,802
Other expense, net(1,827)(3,992)(2,226)(9,680)
Interest and other financing expenses, net(63,138)(61,115)(184,259)(187,957)
Income before taxes140,57078,144307,278243,165
Income tax expense (benefit)46,238(9,775)99,4689,037
Net income$94,332$87,919$207,810$234,128
Earnings per share:
Basic$1.15$1.02$2.53$2.69

Item 1. Financial Statements (Unaudited)

FAQ

What is Avnet's pre-tax income?
Avnet (AVT) reported pre-tax income of $140.57M in Q1 2026.
How has Avnet's pre-tax income changed year-over-year?
Avnet's pre-tax income increased by 79.9% year-over-year, from $78.14M to $140.57M.
What is the long-term trend for Avnet's pre-tax income?
Over 3 years (2022 to 2025), Avnet's pre-tax income has grown at a -33.0% compound annual growth rate (CAGR), from $833.34M to $250.57M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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