Aviat Networks

AVNW

Market cap $335M

Aviat Networks reported better-than-expected Q2/FY2026 results, with both sales and profitability coming in ahead of consensus estimates. The quarter was highlighted by stellar cash generation and a record Q2 bookings performance. Net debt declined by more than 50% to just $19.5 million. On the conference call, AVNW management projected strong cash generation to continue and stated expectations for a strong close to FY2026.

Aviat Networks, Inc. (AVNW) Q2 2026 Earnings Call Transcript

Aviat Networks, Inc. (AVNW) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.82 per share a year ago.

Total  Q2 Revenues of $111.5 million Q2 Operating Income of $7.3 million; Q2 Non-GAAP Operating Income of $9.6 million Q2 Net Income of $5.7 million; Q2 Adjusted EBITDA of $11.3 million Q2 Diluted Earnings per Share of $0.44; Q2 Non-GAAP Diluted Earnings per Share of $0.54 AUSTIN, Texas, Feb. 3, 2026 /PRNewswire/ -- Aviat Networks, Inc. ("Aviat Networks," "Aviat," or the "Company"), (Nasdaq: AVNW), the leading expert in wireless transport and access solutions, today reported financial results for its fiscal 2026 second quarter ended December 26, 2025. Second Quarter Highlights Achieved highest level of second quarter bookings in over a decade Generated cash from operating activities in the second quarter of $23.9 million Realized total quarterly revenues of $111.5 million and fiscal 2026 year-to-date revenues of $218.8 million, up 5.9% versus the first half of fiscal 2025 Grew GAAP net income by $1.2 million or 27.2% compared to the year-ago quarter and increased GAAP net income by $13.3 million in the first half of fiscal 2026 compared to the first half of fiscal 2025 Expanded Adjusted EBITDA by $13.2 million in the first half of fiscal 2026 compared to the first half of fiscal 2025, driven by improved gross margins and ongoing operating expense management Secured initial purchase order from U.S. tier one operator for Aviat's multi-dwelling unit solution providing multi-gigabit 5G-based services over high-capacity millimeter-wave spectrum Second Quarter Financial Highlights Total Revenues: $111.5 million GAAP Results: Gross Margin 32.4%; Operating Expenses $28.8 million; Operating Income $7.3 million; Net Income $5.7 million; Net Income per diluted share ("Net Income per share") $0.44 Non-GAAP Results: Adjusted EBITDA $11.3 million; Gross Margin 32.9%; Operating Expenses $27.1 million; Operating Income $9.6 million; Net Income $7.0 million; Net Income per share $0.54 Cash and cash equivalents: $86.5 million Net debt: $18.9 million Fiscal 2026 Second Quarter and Six Months Ended December 26, 2025 Revenues The Company reported total revenues of $111.5 million for its fiscal 2026 second quarter, compared to $118.2 million in the fiscal 2025 second quarter, a decrease of $(6.7) million or (5.7)%.

AUSTIN, Texas, Jan. 26, 2026 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport and access solutions, announced today that it will release its second quarter fiscal 2026 financial results for the period ended December 26, 2025, on February 3, 2026, after the market closes. The Company will host an earnings conference call and webcast to discuss its financial and operational results on the same day, beginning at 5:00 p.m.

LOS ANGELES, Jan. 14, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Aviat Networks, Inc. (“Aviat” or “the Company”) (NASDAQ: AVNW) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

LOS ANGELES, Jan. 07, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Aviat Networks, Inc. (“Aviat” or “the Company”) (NASDAQ: AVNW) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

AUSTIN, Texas, Jan. 6, 2026 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport and access solutions, today announced that it will participate in the following upcoming investor conferences. 28th Annual Needham Growth Conference to be held in New York, NY on January 14, 2026 38th Annual Roth Conference to be held in Dana Point, CA from March 23, 2026 to March 24, 2026 Investors interested in scheduling a meeting with the company should contact their representative at the respective institutions.

LOS ANGELES--(BUSINESS WIRE)---- $AVNW--AVNW Investors Have Opportunity to Join Aviat Networks, Inc. Fraud Investigation with the Schall Law Firm.

Bringing over 20 years of public company CFO experience, with public safety and software background, to strengthen Aviat's global strategy AUSTIN, Texas , Dec. 3, 2025 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport and access solutions, today announced the appointment of Andrew C. Schmidt as Senior Vice President and Chief Financial Officer, effective immediately.