Aviat Networks, Inc.
Description
Aviat Networks, Inc. provides microwave networking and wireless access networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific. The company offers outdoor, indoor, and split-mount radios; microwave routers, and trunking; private LTE, virtual fiber, and network management products; narrow band radio communications, designed, and optimised for SCADA and telemetry applications; and hosted software products, such as aviat design, frequency assurance software, aviatcloud, and health assurance software. It also provides project services, which includes design and engineering, site and path surveys, assembly and integrations, project management, and install and commission; and managed services, such as network and interface monitoring, network health, onsite maintenance, and remote upgrades. In addition, the company offers support services, including extended warranty, warranty plus, provision support, and license key management, as well as instructor and virtual instructor led training, e-learning and certification services. It serves communications service providers and private network operators, including federal, state and local government agencies, transportation agencies, energy and utility companies, public safety agencies, and broadcast network operators. The company markets its products through a direct sales, service, and support organization; indirect sales channels comprising dealers, resellers, and sales representatives; and through online. Aviat Networks, Inc. company was incorporated in 2006 and is headquartered in Austin, Texas.
About
CEO
Mr. Peter A. Smith Ph.D.
Employees
909
Instrument type
Common Stock
Sector
Technology
Industry
Communication Equipment
MIC code
XNGS
Address
200 Parker Drive, Austin, TX 78728, United States
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![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 3, 2025 | — | — | — | — |
| Sep 10, 2025 | — | — | — | — |
| Apr 30, 2025 | — | — | — | — |
| Feb 4, 2025 | 0.09 | — | — | — |
| Nov 6, 2024 | -0.03 | -0.87 | -0.84 | 2,800.00% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Current Year
(Jun 2025)
|
Next Year
(Jun 2026)
|
||
|---|---|---|---|---|
| Number of analysts | — | 6 | 5 | 2 |
| Average estimate | — | 0.74 | 1.19 | 3.57 |
| Low estimate | — | 0.36 | 0.80 | 3.42 |
| High estimate | — | 0.90 | 1.37 | 3.71 |
| Last year EPS | — | 0.73 | 3.15 | 1.19 |
[stock_revenue_estimate]
Growth estimates
Current qtr
-94.160%
Next qtr. (Mar 2025)
0.680%
Current year (Jun 2025)
-62.100%
Next year (Jun 2026)
198.580%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
| Total reported revenue | 408.08M | 344.43M | 302.96M | 274.91M | 238.64M |
| Cost of revenue | 263.35M | 222.05M | 193.72M | 172.30M | 153.95M |
| Gross profit | 144.73M | 122.38M | 109.24M | 102.62M | 84.70M |
| Operating expense | |||||
| Research & development | 36.43M | 24.91M | 22.60M | 21.81M | 19.28M |
| Selling general and admin | 85.04M | 69.84M | 57.66M | 56.32M | 57.99M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 23.27M | 27.63M | 28.98M | 24.48M | 7.43M |
| Non operating interest income | |||||
| Income | — | — | — | 230,000 | 385,000 |
| Expense | — | — | — | — | 54,000 |
| Other income expense | -4.03M | -5.79M | 1.30M | -2.04M | -3.72M |
| Pretax income | 16.91M | 21.31M | 30.44M | 22.44M | 3.71M |
| Tax provision | 6.15M | 11.15M | 9.28M | -87.70M | 3.45M |
| Net income | 10.76M | 10.17M | 21.16M | 110.14M | 257,000 |
| Basic EPS | 0.88 | 0.90 | 1.89 | 9.98 | 0.03 |
| Diluted EPS | 0.86 | 0.86 | 1.79 | 9.42 | 0.03 |
| Basic average shares | 12.18M | 11.36M | 11.17M | 11.04M | 10.78M |
| Diluted average shares | 12.18M | 11.36M | 11.17M | 11.04M | 10.78M |
| EBITDA | 32.13M | 36.82M | 33.68M | 32.14M | 15.86M |
| Net income from continuing op. | 10.76M | 10.17M | 21.16M | 110.14M | 257,000 |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
| Total assets | 535.22M | 363.14M | 323.90M | 297.65M | 179.80M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 64.62M | 22.24M | 36.88M | 47.94M | 41.62M |
| Other short term investments | — | 2,000 | 10.89M | — | — |
| Accounts receivable | 158.01M | 100.91M | 73.17M | 48.14M | 44.66M |
| Other receivables | 95.42M | 63.66M | 45.86M | 37.52M | 28.09M |
| Inventory | 62.27M | 33.43M | 27.17M | 24.87M | 15.23M |
| Prepaid assets | — | — | — | — | — |
| Restricted cash | — | 2.60M | — | — | — |
| Assets held for sale | 2.72M | — | — | 2.22M | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 13.56M | 13.26M | 12.44M | 9.56M | 10.36M |
| Non current assets | |||||
| Properties | 3.71M | 2.55M | 2.76M | 3.82M | 3.47M |
| Land and improvements | — | 210,000 | 210,000 | 210,000 | 710,000 |
| Machinery furniture equipment | 69.90M | 64.14M | 70.95M | 72.61M | 70.18M |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -61.72M | -60.79M | -68.07M | -68.04M | -65.72M |
| Goodwill | 30.08M | 19.27M | — | — | — |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 13.64M | 9.05M | — | — | — |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 94.95M | 101.06M | 105.86M | 111.90M | 19.47M |
| Total liabilities | 279.34M | 144.40M | 122.15M | 114.32M | 111.12M |
| Current liabilities | |||||
| Accounts payable | 92.85M | 60.14M | 42.39M | 32.41M | 32.00M |
| Accrued expenses | 23.63M | 9.52M | 14.83M | 14.70M | 15.11M |
| Short term debt | 3.40M | 610,000 | 513,000 | 769,000 | 10.45M |
| Deferred revenue | 58.84M | 44.27M | 33.74M | 32.30M | 21.87M |
| Tax payable | 8.83M | 4.55M | — | — | — |
| Pensions | 9.69M | 10.37M | 11.63M | 13.46M | 11.81M |
| Other current liabilities | 21.61M | 600,000 | 1.38M | 2.74M | 2.74M |
| Non current liabilities | |||||
| Long term debt | 48.78M | 2.14M | 2.41M | 3.22M | 2.30M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 3.90M | 4.47M | 6.07M | 5.78M | 6.30M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 394,000 | 314,000 | 273,000 | 356,000 | 401,000 |
| Shareholders equity | |||||
| Common stock | 126,000 | 115,000 | 112,000 | 112,000 | 108,000 |
| Retained earnings | -578.51M | -589.27M | -599.44M | -620.60M | -730.74M |
| Other shareholders equity | -19.32M | -16.00M | -16.03M | -14.33M | -14.97M |
| Total shareholders equity | 255.89M | 218.74M | 201.75M | 183.34M | 68.68M |
| Additional paid in capital | 860.07M | 830.05M | 823.26M | 818.94M | 814.28M |
| Treasury stock | 6.48M | 6.15M | 6.15M | 787,000 | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | 10.76M | 10.17M | 21.16M | 110.14M | 257,000 | 9.74M | 2.30M | -621,000 | -29.64M | -24.55M | -51.10M | -16.70M | -24.10M | -90.50M | -130.20M | -355.00M | -11.90M | -21.80M | -2.30M | -45.02M | -37.07M | -51.41M | -168.52M | -7.00M | 12.14M | -96.73M | 18.82M | 11.71M | -5.96M | 1.98M |
| Depreciation | 4.99M | 6.18M | 4.46M | 5.38M | 4.39M | 4.47M | 5.20M | 5.84M | 6.65M | 7.62M | 7.52M | 6.60M | 7.20M | 12.00M | 33.80M | 38.10M | 33.70M | 40.30M | 7.42M | 11.46M | 9.47M | 10.82M | 20.29M | 17.86M | 16.59M | 25.91M | 13.41M | 5.79M | 6.33M | 6.36M |
| Deferred Taxes | 3.63M | 9.01M | 8.00M | -90.60M | -172,000 | -8.76M | -3.16M | 75,000 | -334,000 | -4.71M | -337,000 | -200,000 | -500,000 | 11.00M | 4.20M | 16.00M | -7.50M | -13.00M | — | — | — | — | — | — | 1.70M | 3.64M | — | — | — | — |
| Stock-Based Compensation | 7.34M | 6.72M | 3.83M | 2.92M | 1.69M | 1.72M | 2.36M | 2.11M | 1.84M | 2.19M | 3.42M | 6.40M | 5.20M | 4.80M | 3.20M | 2.80M | 6.40M | 3.90M | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 1.08M | 706,000 | 1.00M | -336,000 | 4.42M | — | — | — | — | — | -100,000 | -100,000 | -20.70M | -70.30M | -117.90M | 28.70M | 17.80M | 7.30M | -3.27M | -486,000 | 11.34M | 14.79M | 131.31M | 61.29M | 12.26M | 52.37M | 20.72M | 8.06M | 11.05M | -15.61M |
| Accounts Receivable | -44.12M | -37.15M | -34.44M | -12.81M | 6.74M | -11.37M | 761,000 | 11.19M | 29.06M | -2.69M | 13.36M | -1.20M | 37.30M | -23.20M | 38.50M | 61.10M | 2.20M | -23.80M | -6.45M | -530,000 | -3.72M | 10.45M | 66.09M | -44.80M | -41.39M | 16.07M | -27.74M | -12.67M | -1.49M | -5.77M |
| Accounts Payable | 16.55M | 16.04M | 10.50M | 580,000 | -3.12M | 5.07M | -2.23M | 608,000 | -13.98M | 1.56M | -2.74M | -7.10M | -18.30M | 13.00M | -11.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | 8.48M | -14.06M | -11.15M | -1.37M | -2.01M | 4.46M | -224,000 | -8.85M | -4.87M | 5.91M | -870,000 | 10.40M | -10.00M | 8.40M | 10.40M | -15.70M | 16.50M | -20.70M | -6.39M | -1.95M | -7.67M | 17.08M | -23.61M | -72.67M | 8.45M | 13.10M | -44.44M | -14.45M | 4.66M | -13.72M |
| Operating Cash Flow | 8.71M | -2.39M | 3.37M | 13.91M | 12.18M | 5.33M | 5.02M | 10.35M | -11.27M | -14.68M | -30.85M | -1.90M | -23.90M | -134.80M | -169.00M | -224.00M | 57.20M | -27.80M | -10.98M | -36.52M | -27.64M | 1.72M | 25.56M | -45.33M | 9.75M | 14.36M | -19.24M | -1.58M | 14.60M | -26.76M |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditures | -2.68M | -5.34M | -1.79M | -2.85M | -4.61M | -5.25M | -6.56M | -4.02M | -1.57M | -3.69M | -9.41M | -10.40M | -5.90M | -7.20M | -7.50M | -15.80M | -19.50M | -8.30M | -3.53M | -7.44M | -10.53M | -1.82M | -7.67M | -25.10M | -23.93M | -23.52M | -30.47M | -8.51M | -4.53M | -8.11M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | -800,000 | -2.90M | -5.80M | -10.30M | -2.90M | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | -32.16M | -15.77M | — | — | — | — | — | — | — | — | — | -100,000 | -1.50M | — | -4.20M | -4.30M | — | 20.40M | — | — | — | — | — | — | — | -2.29M | -11.49M | — | — | — |
| Purchase of Investments | -925,000 | — | -8.28M | — | — | — | — | -139,000 | -222,000 | — | — | — | — | — | — | -1.20M | -9.20M | -30.70M | -82.19M | -83.28M | -220.98M | -343.23M | -149.06M | -62.77M | -118.03M | -16.62M | -27.99M | -17.95M | — | — |
| Sale of Investments | 538,000 | 9.16M | — | — | — | — | 264,000 | 122,000 | — | — | — | — | — | — | 300,000 | 4.00M | 26.60M | 35.80M | 84.75M | 95.72M | 248.81M | 336.87M | 111.43M | 103.43M | — | — | — | — | — | — |
| Investing Cash Flow | -35.22M | -11.95M | -7.79M | -2.85M | -4.61M | -5.25M | -6.30M | -4.04M | -1.80M | -3.69M | -9.41M | -10.50M | -7.40M | -3.40M | -11.40M | -17.30M | -2.10M | 17.20M | 6.10M | 19.88M | 14.72M | -8.17M | -44.91M | 105.95M | -88.96M | 3.56M | -62.63M | -26.46M | -4.53M | -8.31M |
| Financing Activities | ||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | 83.20M | 102.20M | — | — | 41.91M | 36.00M | 36.00M | 33.00M | 36.00M | 54.00M | — | — | 8.30M | 6.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -34.45M | -102.20M | — | -9.00M | -41.91M | -36.00M | -36.00M | -33.00M | -36.00M | -51.14M | -2.90M | -4.20M | -1.40M | -5.00M | -11.70M | -11.10M | -16.80M | -15.00M | -19.25M | -5.21M | — | — | — | -167,000 | -1.04M | -1.31M | -1.95M | -1.03M | -1.02M | -695,000 |
| Other Financing Charges | -775,000 | -1.95M | -541,000 | -167,000 | -802,000 | -671,000 | — | — | — | — | 100,000 | 300,000 | 100,000 | 200,000 | 100,000 | — | 700,000 | 24.10M | — | — | — | — | — | — | -2.60M | 2.60M | -9.95M | -6.26M | -12.24M | 20.62M |
| Financing Cash Flow | 47.64M | -1.95M | -5.90M | -9.95M | -2.57M | -2.99M | -8,000 | — | — | 5.86M | -5.55M | -3.90M | -1.30M | -3.80M | -16.60M | -1.10M | -15.80M | 44.20M | 16.25M | 43.80M | 1.39M | 1.06M | 73.67M | 9.59M | 118.63M | 3.45M | 65.24M | 48.58M | 2.56M | 23.95M |
| Other Cash Details | ||||||||||||||||||||||||||||||
| End Cash Position | 64.93M | 22.52M | 37.10M | 48.20M | 41.87M | 32.20M | 37.76M | 36.57M | 31.43M | 35.20M | 48.77M | 90.00M | 96.00M | 98.20M | 141.70M | 136.80M | 95.00M | 69.20M | 44.41M | 32.86M | 21.63M | 34.04M | 35.89M | 25.96M | 58.34M | 21.52M | 27.59M | 40.37M | 8.30M | 1.92M |
| Income Tax Paid | 808,000 | 1.61M | 1.24M | 2.12M | 1.06M | 687,000 | 1.28M | — | 1.96M | 2.04M | 14.73M | 3.00M | 1.30M | 2.70M | 3.60M | 2.60M | 2.20M | 6.60M | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 2.52M | 880,000 | — | 4,000 | 60,000 | 70,000 | 29,000 | 94,000 | 111,000 | 387,000 | 389,000 | 800,000 | 1.30M | 2.20M | 2.20M | 2.80M | 2.70M | 2.00M | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 27.87M | -6.98M | 997,000 | 14.45M | 12.89M | -2.30M | 1.65M | 5.38M | -1.22M | -13.29M | -38.67M | -2.00M | 2.50M | -49.50M | 7.50M | 49.70M | 20.50M | -24.30M | -13.73M | -57.94M | -37.97M | 3.09M | -27.85M | -83.07M | -18.03M | -35.45M | -45.63M | 769,000 | 3.69M | -25.35M |
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