AVIAT NETWORKS, INC.
For the period ended Mar 27, 2026. Filed May 4, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 27, 2026 · Filed May 4, 2026
AVNW$17.66+4.1%Stored close · as of Nov 6, 2026
Contents
Condensed Consolidated Statements of Operations (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| (In thousands, except per share amounts) | March 27,2026 | March 28,2025 | March 27,2026 | March 28,2025 |
| Revenues: | ||||
| Product sales | $68,405 | $76,824 | $224,699 | $220,252 |
| Services | 31,598 | 35,816 | 94,096 | 99,014 |
| Total revenues | 100,003 | 112,640 | 318,795 | 319,266 |
| Cost of revenues: | ||||
| Product sales | 51,009 | 51,370 | 158,155 | 158,540 |
| Services | 19,711 | 21,974 | 59,593 | 60,756 |
| Total cost of revenues | 70,720 | 73,344 | 217,748 | 219,296 |
| Gross profit | 29,283 | 39,296 | 101,047 | 99,970 |
| Operating expenses: | ||||
| Research and development | 7,656 | 7,704 | 21,163 | 28,334 |
| Selling and administrative | 20,365 | 22,121 | 66,125 | 68,348 |
| Restructuring charges | 323 | 177 | 344 | 1,592 |
| Total operating expenses | 28,344 | 30,002 | 87,632 | 98,274 |
| Operating income | 939 | 9,294 | 13,415 | 1,696 |
| Interest expense, net | 1,848 | 1,557 | 5,468 | 4,252 |
| Other expense (income), net | 1,400 | 3,068 | (371) | 4,047 |
| (Loss) income before income taxes | (2,309) | 4,669 | 8,318 | (6,603) |
| (Benefit from) provision for income taxes | (244) | 1,141 | 4,503 | (2,747) |
| Net (loss) income | $(2,065) | $3,528 | $3,815 | $(3,856) |
| Net (loss) income per share of common stock outstanding: | ||||
| Basic | $(0.16) | $0.28 | $0.30 | $(0.30) |
| Diluted | $(0.16) | $0.27 | $0.29 | $(0.30) |
| Weighted-average shares outstanding: | ||||
| Basic | 12,918 | 12,689 | 12,844 | 12,672 |
| Diluted | 12,918 | 12,838 | 13,030 | 12,672 |
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