AVIAT NETWORKS, INC.
Financial highlights
| Metric | FY 06/27/25 | FY 06/28/24 | FY 06/30/23 | FY 07/02/22 | FY 07/01/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $434.6M | $408.1M | $344.4M | — | $303.0M |
| Cost of revenue | $295.2M | $263.4M | $222.1M | — | $193.7M |
| Gross profit | $139.4M | $144.7M | $122.4M | — | $109.2M |
| Selling, general & administrative | $89.5M | $85.0M | $69.8M | — | $57.7M |
| Research and development | $35.8M | $36.4M | $24.9M | — | $22.6M |
| Operating expenses | $128.9M | $125.3M | $97.8M | — | $80.5M |
| Operating income | $10.6M | $19.4M | $24.6M | — | $28.7M |
| Pretax income | $3.6M | $16.9M | $21.3M | — | $30.4M |
| Income tax expense | $2.2M | $6.1M | $11.1M | — | $9.3M |
| Net income | $1.3M | $10.8M | $10.2M | — | $21.2M |
| Balance Sheet | |||||
| Cash and equivalents | $59.7M | $64.6M | $22.2M | — | $36.9M |
| Current assets | $463.6M | $405.2M | $235.9M | — | $206.4M |
| Total assets | $633.3M | $535.2M | $363.1M | — | $323.9M |
| Current liabilities | $282.2M | $218.9M | $130.1M | — | $104.5M |
| Total liabilities | $370.1M | $279.3M | $144.4M | — | $122.2M |
| Total debt | — | $48.8M | — | — | — |
| Stockholders' equity | $263.2M | $255.9M | $218.7M | $201.8M | $201.8M |
| Cash Flow Statement | |||||
| Cash from operations | $5.7M | $30.5M | -$1.6M | — | $2.8M |
| Depreciation and amortization | $5.3M | $4.0M | $5.5M | — | $4.5M |
| Stock-based compensation | $7.1M | $7.3M | $6.7M | — | $3.8M |
| Capital expenditure | $13.0M | $2.7M | $5.3M | — | $1.8M |
| Free cash flow | -$7.2M | $27.9M | -$7.0M | — | $997,000 |
| Share repurchases | — | — | — | — | $0 |
| Impairments | $0 | $0 | $0 | — | $0 |
Shares outstanding 12.9M · Free float 47.6%
Annual filing data through FY ended June 27, 2025; float as of July 13, 2026.