AVIAT NETWORKS, INC.
For the period ended Jul 3, 2026. Filed Aug 27, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed Aug 27, 2026
AVNW$17.66+4.1%Stored close · as of Nov 6, 2026
Contents
Consolidated Balance Sheets
| (In thousands, except share and par value amounts) | July 3, 2026 | June 27, 2025 |
|---|---|---|
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $72,844 | $59,690 |
| Accounts receivable, net | 192,245 | 180,321 |
| Unbilled receivables | 82,125 | 105,870 |
| Inventories | 69,005 | 83,979 |
| Other current assets | 23,026 | 33,715 |
| Total current assets | 439,245 | 463,575 |
| Property, plant and equipment, net | 18,776 | 17,453 |
| Goodwill | 19,411 | 19,655 |
| Intangible assets, net | 23,574 | 26,897 |
| Deferred income taxes | 82,064 | 88,149 |
| Right-of-use assets | 2,001 | 3,113 |
| Other assets | 13,891 | 14,454 |
| Total assets | $598,962 | $633,296 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current Liabilities: | ||
| Accounts payable | $119,500 | $148,093 |
| Accrued expenses | 34,125 | 38,897 |
| Operating lease liabilities | 442 | 1,090 |
| Advance payments and unearned revenue | 59,943 | 73,735 |
| Other current liabilities | 1,243 | 1,757 |
| Current portion of long-term debt | 7,900 | 18,624 |
| Total current liabilities | 223,153 | 282,196 |
| Long-term debt | 89,100 | 68,966 |
| Unearned revenue | 9,017 | 8,063 |
| Long-term operating lease liabilities | 1,739 | 2,241 |
| Other long-term liabilities | — | 430 |
| Reserve for uncertain tax positions | 5,260 | 3,242 |
| Deferred income taxes | 3,305 | 4,975 |
| Total liabilities | 331,574 | 370,113 |
| Commitments and contingencies (Note 13) | ||
| Stockholders’ equity | ||
| Preferred stock, $0.01 par value; 50.0 million shares authorized; none issued | — | — |
| Common stock, $0.01 par value; 300.0 million shares authorized; 12.8 million and 12.7 million shares issued and outstanding as of July 3, 2026 and June 27, 2025, respectively | 129 | 127 |
| Treasury stock, 0.4 million and 0.2 million shares as of July 3, 2026 and June 27, 2025, respectively | (9,744) | (7,076) |
| Additional paid-in-capital | 872,081 | 866,119 |
| Accumulated deficit | (574,633) | (577,172) |
| Accumulated other comprehensive loss | (20,445) | (18,815) |
| Total stockholders’ equity | 267,388 | 263,183 |
| Total liabilities and stockholders’ equity | $598,962 | $633,296 |
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