AVIAT NETWORKS, INC.
For the period ended Jun 27, 2025. Filed Sep 10, 2025.
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FY2025 · Filed Sep 10, 2025
AVNW$19.13+8.3%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
| Fiscal Year Ended | |||
|---|---|---|---|
| (In thousands, except per share amounts) | June 27, 2025 | June 28, 2024 | June 30, 2023 |
| Revenues: | |||
| Product sales | $287,657 | $274,205 | $238,579 |
| Services | 146,949 | 133,878 | 105,854 |
| Total revenues | 434,606 | 408,083 | 344,433 |
| Cost of revenues: | |||
| Product sales | 208,017 | 171,783 | 150,637 |
| Services | 87,153 | 91,568 | 71,414 |
| Total cost of revenues | 295,170 | 263,351 | 222,051 |
| Gross margin | 139,436 | 144,732 | 122,382 |
| Operating expenses: | |||
| Research and development | 35,768 | 36,426 | 24,908 |
| Selling and administrative | 89,482 | 85,038 | 69,842 |
| Restructuring charges | 3,611 | 3,867 | 3,012 |
| Total operating expenses | 128,861 | 125,331 | 97,762 |
| Operating income | 10,575 | 19,401 | 24,620 |
| Interest expense, net | 6,058 | 2,337 | 532 |
| Other expense, net | 941 | 158 | 2,774 |
| Income before income taxes | 3,576 | 16,906 | 21,314 |
| Provision for income taxes | 2,235 | 6,146 | 11,145 |
| Net income | $1,341 | $10,760 | $10,169 |
| Net income attributable to Aviat Networks | $1,341 | $10,760 | $10,169 |
| Net income per share of common stock outstanding: | |||
| Basic | $0.11 | $0.88 | $0.90 |
| Diluted | $0.10 | $0.86 | $0.86 |
| Weighted average shares outstanding: | |||
| Basic | 12,681 | 12,182 | 11,358 |
| Diluted | 12,826 | 12,456 | 11,855 |
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