Company research
AVNET INC
CIK 8858Updated Sep 27, 2026
SecurityAVT · NASDAQ · equity
AVT price & chart
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NASDAQ:AVT on TradingView ↗About the company
As a leading global technology distributor and solutions provider, Avnet has served customers’ evolving needs for more than a century. Through regional and specialized businesses around the world, we support customers and suppliers at every stage of the product lifecycle. We help companies adapt to change and accelerate the design and supply stages of product development. With a unique viewpoint from the center of the technology supply chain, Avnet is a trusted partner that solves complex design and supply chain issues so customers can realize revenue faster. Learn more about Avnet at www.avnet.com. (AVT_IR)
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Recent filings
Show 5 more recent filings
4 filing
4 filing
4 filing
Other Events
Items 8.01, 9.01
424B2 filing
Financials
FY 2026 · USDSource
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balance sheet · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 15,425,393,000Source | 12,118,553,000Source | 12,209,147,000Source | 12,477,159,000Source |
| Property, Plant and Equipment, NetUSD | 644,574,000Source | 667,247,000Source | 568,169,000Source | 441,557,000Source |
| GoodwillUSD | 810,163,000Source | 837,031,000Source | 780,984,000Source | 780,629,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 155,396,000Source | 192,428,000Source | 310,941,000Source | 288,230,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 6,882,965,000Source | 4,327,450,000Source | 4,391,187,000Source | 4,763,788,000Source |
| Inventory, NetUSD | 6,069,419,000Source | 5,235,485,000Source | 5,468,730,000Source | 5,465,031,000Source |
| Assets, CurrentUSD | 13,333,823,000Source | 10,018,737,000Source | 10,370,552,000Source | 10,750,853,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 226,043,000Source | 263,374,000Source | 199,694,000Source | 233,804,000Source |
| Operating Lease, Right-of-Use AssetUSD | 248,958,000Source | 201,896,000Source | 208,971,000Source | 221,698,000Source |
| Other Assets, NoncurrentUSD | 387,875,000Source | 393,642,000Source | 280,471,000Source | 282,422,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 10,402,890,000Source | 7,107,058,000Source | 7,283,643,000Source | 7,725,490,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 82,082,000Source | 83,854,000Source | 89,046,000Source | 91,504,000Source |
| Retained Earnings (Accumulated Deficit)USD | 3,513,176,000Source | 3,430,193,000Source | 3,601,812,000Source | 3,378,212,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -375,394,000Source | -257,693,000Source | -486,723,000Source | -409,381,000Source |
| Stockholders' Equity Attributable to ParentUSD | 5,022,503,000Source | 5,011,495,000Source | 4,925,504,000Source | 4,751,669,000Source |
| Additional Paid in Capital, Common StockUSD | 1,802,639,000Source | 1,755,141,000Source | 1,721,369,000Source | 1,691,334,000Source |
| Liabilities and EquityUSD | 15,425,393,000Source | 12,118,553,000Source | 12,209,147,000Source | 12,477,159,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 7,503,432,000Source | 4,128,104,000Source | 4,465,269,000Source | 4,249,378,000Source |
| Operating Lease, Liability, CurrentUSD | 55,888,000Source | 56,247,000Source | 53,993,000Source | 51,792,000Source |
| Accounts Payable, CurrentUSD | 6,054,326,000Source | 3,487,419,000Source | 3,345,510,000Source | 3,373,820,000Source |
| Operating Lease, Liability, NoncurrentUSD | 207,111,000Source | 159,449,000Source | 173,886,000Source | 190,621,000Source |
| Other Liabilities, NoncurrentUSD | 213,483,000Source | 244,776,000Source | 237,859,000Source | 297,462,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 659,266,000Source | 497,154,000Source | 573,055,000Source | 753,130,000Source |
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after TaxUSD | 117,854,000Source | 126,245,000Source | 103,922,000Source | 80,406,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 2,478,864,000Source | 2,574,729,000Source | 2,406,629,000Source | 2,988,029,000Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 48,692,000Source | 36,399,000Source | 33,496,000Source | 38,781,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 2,614,899,000Source | -183,533,000Source | -316,218,000Source | 461,117,000Source |
| Increase (Decrease) in InventoriesUSD | 918,329,000Source | -409,553,000Source | 51,203,000Source | 1,173,124,000Source |
| Deferred Income Tax Expense (Benefit)USD | 1,276,000Source | -99,554,000Source | -16,046,000Source | -33,491,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -280,925,000Source | 724,504,000Source | 689,984,000Source | -713,703,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -71,473,000Source | -137,127,000Source | -225,484,000Source | -211,551,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -2,099,000Source | -10,347,000Source | -994,000Source | 16,877,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 73,572,000Source | 147,474,000Source | 226,478,000Source | 194,674,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 138,308,000Source | 303,490,000Source | 162,723,000Source | 221,730,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 315,892,000Source | -693,526,000Source | -433,799,000Source | 1,054,756,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 114,361,000Source | 113,310,000Source | 111,963,000Source | 106,325,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -321,000Source | -1,876,000Source | -2,627,000Source | -5,777,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -37,032,000Source | -118,513,000Source | 22,711,000Source | 134,537,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 155,396,000Source | 192,428,000Source | 310,941,000Source | 288,230,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 269,850,000Source | 287,592,000Source | 351,374,000Source | 261,586,000Source |
| Income Taxes Paid, NetUSD | 106,612,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 48,700,000Source | 36,400,000Source | 33,500,000Source | 38,800,000Source |
| Amortization of Intangible AssetsUSD | — | — | — | 6,048,000Source |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to SettlementUSD | — | — | — | -37,350,000Source |
| Depreciation, NonproductionUSD | 75,300,000Source | 70,200,000Source | 83,600,000Source | 82,565,000Source |
| Gain (Loss) Related to Litigation SettlementUSD | — | — | — | 74,400,000Source |
| GoodwillUSD | 810,163,000Source | 837,031,000Source | 780,984,000Source | 780,629,000Source |
| Income Tax Expense (Benefit)USD | 133,047,000Source | 10,352,000Source | 133,564,000Source | 212,048,000Source |
| InterestExpenseNonoperatingUSD | 250,715,000Source | 246,402,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 334,389,000Source | 240,217,000Source | 498,699,000Source | 770,828,000Source |
| Other Nonoperating Income (Expense)USD | -6,631,000Source | -17,283,000Source | -15,736,000Source | 9,908,000Source |
| Pension Cost (Reversal of Cost)USD | 10,181,000Source | 2,093,000Source | -663,000Source | 30,424,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 472,000Source | 3,503,000Source | 12,570,000Source | 16,798,000Source |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 27,632,683,000Source | 22,200,754,000Source | 23,757,129,000Source | 26,536,881,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 2,022,408,000Source | 1,762,386,000Source | 1,869,525,000Source | 1,967,305,000Source |
| Operating Income (Loss)USD | 724,782,000Source | 514,254,000Source | 844,367,000Source | 1,186,800,000Source |
| Other Nonoperating Income (Expense)USD | -6,631,000Source | -17,283,000Source | -15,736,000Source | 9,908,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 467,436,000Source | 250,569,000Source | 632,263,000Source | 982,876,000Source |
| Income Tax Expense (Benefit)USD | 133,047,000Source | 10,352,000Source | 133,564,000Source | 212,048,000Source |
| Net Income (Loss) Attributable to ParentUSD | 334,389,000Source | 240,217,000Source | 498,699,000Source | 770,828,000Source |
| Earnings Per Share, BasicUSD per share | 4.07Source | 2.78Source | 5.51Source | 8.37Source |
| Earnings Per Share, DilutedUSD per share | 4.01Source | 2.75Source | 5.43Source | 8.26Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 82,158,000Source | 86,266,000Source | 90,567,000Source | 92,043,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 83,415,000Source | 87,413,000Source | 91,837,000Source | 93,368,000Source |
| Interest Expense (non-operating)USD | 250,715,000Source | 246,402,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | — | — | 6,048,000Source |
| Current Income Tax Expense (Benefit)USD | 131,771,000Source | 109,906,000Source | 149,610,000Source | 245,539,000Source |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to SettlementUSD | — | — | — | -37,350,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 76,786,000Source | 71,616,000Source | 86,708,000Source | 88,600,000Source |
| Gain (Loss) Related to Litigation SettlementUSD | — | — | — | 74,400,000Source |
| Gross ProfitUSD | 2,881,896,000Source | 2,384,956,000Source | 2,766,442,000Source | 3,182,143,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 108,600,000Source | 34,000,000Source | 186,600,000Source | 250,800,000Source |
| Interest ExpenseUSD | — | — | 282,867,000Source | 250,869,000Source |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost ComponentUSD | -7,881,000Source | -11,763,000Source | — | — |
Filing attachments
tm2623221d4_ex4-1.htm · 8-K · 2026-08-21
EX-4.1 3 tm2623221d4_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 OFFICERS’ CERTIFICATE The undersigned, Kenneth A. Jacobson and Michael R. McCoy, do hereby certify on behalf of Avnet, Inc., a New York corporation (the “Company”), that they are the duly appointed Chief Financial Officer and Senior Vice President, General Counsel and Chief Legal Officer, respectively, of the Company. Each of the undersigned also hereby certifies on behalf of the Company, pursuant to the Indenture, dated as of June 22,…
Read attachment ↗avt-20260805xex99d1.htm · 8-K · 2026-08-05
EX-99.1 2 avt-20260805xex99d1.htm EX-99.1 Exhibit 99.1 Avnet Reports Fourth Quarter and Fiscal 2026 Financial Results Record quarterly sales of $8.3 billion with nearly 50% year-over-year sales growth and significant margin expansion Electronic Components operating margin of 4.1% on record sales of $7.8 billion Farnell operating margin of 9.0% on record sales of $500 million PHOENIX - August 5, 2026 - Avnet, Inc. (Nasdaq: AVT) today announced results for its fourth quarter and fiscal ye…
Read attachment ↗avt-20260429xex99d1.htm · 8-K · 2026-04-29
EX-99.1 2 avt-20260429xex99d1.htm EX-99.1 Exhibit 99.1 Avnet Reports Third Quarter 2026 Financial Results Achieved record sales in Electronic Components Sales growth of 34% year over year driven by strength in served markets across all regions Sequential operating income grew more than two times sales Sequential diluted EPS grew more than three times sales PHOENIX - April 29, 2026 - Avnet, Inc. (Nasdaq: AVT) today announced results for its third quarter ended March 28, 2026. “Sales an…
Read attachment ↗avt-20260128xex99d1.htm · 8-K · 2026-01-28
EX-99.1 2 avt-20260128xex99d1.htm EX-99.1 Exhibit 99.1 Avnet Reports Second Quarter 2026 Financial Results Achieved year-over-year and quarter-over-quarter sales growth across all regions, led by Asia Exceeded high end of sales and adjusted EPS guidance ranges Diluted EPS of $0.75 and Adjusted diluted EPS of $1.05 Generated $208 million of cash flow from operations PHOENIX - January 28, 2026 - Avnet, Inc. (Nasdaq: AVT) today announced results for its second quarter ended December 27, 2…
Read attachment ↗avt-20251029xex99d1.htm · 8-K · 2025-10-29
EX-99.1 2 avt-20251029xex99d1.htm EX-99.1 Exhibit 99.1 Avnet Reports First Quarter 2026 Financial Results First quarter sales of $5.9 billion and diluted EPS of $0.61 Adjusted diluted EPS of $0.84 Return to year-over-year sales growth in the Americas PHOENIX - October 29, 2025 - Avnet, Inc. (Nasdaq: AVT) today announced results for its first quarter ended September 27, 2025. “In the first quarter, our sales and earnings exceeded our expectations, led by double-digit year-over-year sale…
Read attachment ↗avt-20250902xex4d1.htm · 8-K · 2025-09-05
EX-4.1 2 avt-20250902xex4d1.htm EX-4.1 Exhibit 4.1 AVNET, INC. and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION as Trustee INDENTURE Dated as of September 5, 2025 1.75% Convertible Senior Notes due 2030 TABLE OF CONTENTS Page Article 1. Definitions; Rules of Construction 1 Section 1.01. Definitions. 1 Section 1.02. Other Definitions. 13 Section 1.03. Rules of Construction. 14 Article 2. The Notes 15 Section 2.01. Form, Dating and Denominations. 15 Section 2.02. Exe…
Read attachment ↗