Company Analysis

Avnet, Inc. (AVT)

Nasdaq: AVT · Wholesale-Electronic Parts & Equipment, NEC · Phoenix, AZ · filing with the SEC since 1994
Grade5.2
◀ Past 4.9● Present 5.9▶ Future 4.5

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in July.
Income statement, by fiscal year, newest first
Fiscal yearFY 2026FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Period endingJun 27, 2026Jun 28, 2025Jun 29, 2024Jul 1, 2023Jul 2, 2022Jul 3, 2021Jun 27, 2020Jun 29, 2019Jun 30, 2018Jul 1, 2017
Report filedAug 14, 2026Aug 15, 2025Aug 14, 2024Aug 18, 2023Aug 12, 2022Aug 13, 2021Aug 14, 2020Aug 15, 2019Aug 17, 2018Aug 17, 2017
Revenue27,632,68322,200,75423,757,12926,536,88124,310,70819,534,67917,634,33319,518,59219,036,89217,439,963
For lenders
Provision for credit losses4723,50312,57016,79831,48918,429····
Cost of revenue24,750,78719,815,79820,990,68723,354,73821,345,31717,294,04915,570,87717,032,49016,509,70815,070,521
Gross profit2,881,8962,384,9562,766,4423,182,1432,965,3912,240,6302,063,4562,486,1022,527,1842,369,442
Selling, general and administrative2,022,4081,762,3861,869,5251,967,3051,994,8471,874,8311,842,1221,874,6511,991,401r1,788,330r
Operating income724,782514,254844,3671,186,800939,011281,408-4,628365,911209,218r443,697r
Interest expense250,715246,402282,867250,869100,37589,473122,742134,87492,747r99,576r
Other income (expense), net-6,631-17,283-15,7369,908-5,302-19,006-2,215r5,559r28,606r-33,717r
Income before income taxes467,436250,569632,263982,876833,334172,929-129,585r236,596r145,077310,404
Income tax expense133,04710,352133,564212,048140,955-20,185-98,504r60,259r287,96647,053
Income from continuing operations······-29,533180,111-142,889263,351
Income from discontinued operations······-1,548-3,774-13,535261,927
Net income334,389240,217498,699770,828692,379193,114-31,081176,337-156,424525,278
Net income to common shareholders·········525,278
Earnings per share, basic4.072.785.518.377.021.95-0.311.61-1.304.13
Earnings per share, diluted4.012.755.438.266.941.93-0.311.59-1.304.08
Weighted average shares, basic82,15886,26690,56792,04398,66299,258100,474109,820119,909127,032
Weighted average shares, diluted83,41587,41391,83793,36899,819100,168100,474110,798119,909128,651
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueNet
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanAndLeaseLosses
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton AVT · research, not advice