Aviat Networks, Inc. (AVNW)

From the record

Aviat Networks, Inc.'s filings since 2017 show 3 warning events of 2 kinds: an auditor change (8-K item 4.01, 2 times, the latest 2025-09-19); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2024-09-11) (its current reports).

From the record

Aviat Networks, Inc.'s 8 filed years say what it did: revenue went from $244 million in fiscal 2019 to $440 million in fiscal 2026, up 8.8% a year; it rose in 6 of 7 years; the deepest fall was 2% from fiscal 2019 to fiscal 2020; net income was positive in 8 of 8 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2026-07-03, Aviat Networks, Inc.'s diluted share count grew about 3.2% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 7 sales (1 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-09 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2026-07-03, Aviat Networks, Inc. earned about 1 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 23 cents per dollar of everything the company owns. Leverage: it owed about 55 cents per dollar of assets, and net share issuance: its share count grew 1.6% over the year (the filed statements).

From the record

Aviat Networks, Inc.'s standing among 21 graded names in its industry family: revenue of $440 million in fiscal 2026 ranks in the top 29% by size; a net margin of 0.6% ranks in the top 40%; revenue growth of 8.5% a year over the last 3 filed years ranks in the top 42% (its annual reports).

From the record

Aviat Networks, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Smith, Pete A (President and CEO, as filed), filing under that title since 2020-01-02, 6.9 years (top 42% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 4.7 years (bottom 35%); 11 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (bottom 28%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Aviat Networks, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $73 million against debt of $89 million leaves -2.7% of its assets as net cash, bottom 21% of its family; cash from operations less capital spending is 1.4% of revenue (bottom 40%); a gross margin of 31.5% (bottom 18%); research spending of 6.5% of revenue (bottom 26%) (its annual report).

From the record

Aviat Networks, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 8.5% a year over the last three filed years against 8.8% over all 8, slowing (top 39% of its family); the newest year grew 1.1% (bottom 31%); research spending grew 4.5% a year (top 26%); capital spending grew 11.8% a year (top 18%) (its annual reports). Aviat Networks, Inc. reported 2 product lines in fiscal 2026: Product at $314 million (72%), Service at $125 million (28%); 1 of 2 grew against the year before (its annual report).

From the record

Aviat Networks, Inc.'s newest year against its own record: revenue of $440 million in fiscal 2026 came in 10% below the $488 million its prior three years' pace pointed to (bottom 24% of its family); net income of $3 million against a prior three-year average of $7 million (bottom 28%); a net margin of 0.6% against 2% before (bottom 18%) (its annual reports).