AVNW
Aviat Networks, Inc.
AVNW lost money over the past year, so it has no meaningful PE right now.
AVNW Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Stable | |
| Healthy |
AVNW's balance sheet is currently healthy, and its revenue and cash flow are stable, but its profitability is under pressure.
AVNW PE Valuation
AVNW has no meaningful PE right now: it lost money over the past year.
AVNW Forward outlook
There aren't enough analyst estimates for AVNW to show an outlook.
AVNW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.04 | -104% |
| Q2 2026 | $0.19 | +90% |
| Q1 2026 | $0.71 | +$1.02 |
| Q4 2025 | $1.14 | +$1.45 |
| Q3 2025 | $1.05 | +$1.47 |
| Q2 2025 | $0.10 | -88% |
| Q1 2025 | -$0.31 | -127% |
| Q4 2024 | -$0.31 | -124% |
AVNW has swung to a loss: it lost $0.04 per share over the past year, after a profit the year before.
AVNW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $102M | -5% |
| Q2 2026 | $120.9M | +4.8% |
| Q1 2026 | $100M | -11% |
| Q4 2025 | $111.5M | -5.7% |
| Q3 2025 | $107.3M | +21% |
| Q2 2025 | $115.3M | +1.3% |
| Q1 2025 | $112.6M | +0.9% |
| Q4 2024 | $118.2M | +24% |
AVNW's revenue is shrinking: $102M last quarter, down 5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0.9% | -4 points |
| Q2 2026 | 4.8% | -2.9 points |
| Q1 2026 | 0.9% | -7.3 points |
| Q4 2025 | 6.5% | -0.2 points |
| Q3 2025 | 4.8% | +22 points |
| Q2 2025 | 7.7% | +4.3 points |
| Q1 2025 | 8.3% | +3.8 points |
| Q4 2024 | 6.7% | +1.5 points |
AVNW's operating margin was 0.9% last quarter, down 4 points from the same quarter a year ago, near the bottom of its range since 2019.
AVNW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$7.2M | +$6.3M |
| Q2 2026 | $2.5M | -70% |
| Q1 2026 | -$5.4M | -$4.2M |
| Q4 2025 | $22.5M | +23% |
| Q3 2025 | -$13.5M | +$19.1M |
| Q2 2025 | $8.2M | +9.9% |
| Q1 2025 | -$1.2M | -108% |
| Q4 2024 | $18.3M | +$26M |
AVNW usually generates cash, though not every quarter: the latest was −$7M, but it generated $12M over the past year.
AVNW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.6% | -205K shares |
| 1 year | -1.2% | -154K shares |
| 3 years | +7.4% | +879K shares |
| 5 years | +7.3% | +868K shares |
| Available history | +18% | +2M shares |
AVNW has 13M diluted shares, down 1.2% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $75,000 |
| Q1 2026 | $500,000 |
| Q1 2024 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | $4.6M |
| Q1 2022 | $2M |
AVNW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.6x | Healthy |
| Q2 2026 | 1.1x | Healthy |
| Q1 2026 | 1.0x | Healthy |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 1.2x | Healthy |
| Q2 2025 | 1.8x | Healthy |
| Q1 2025 | 2.4x | Moderate |
| Q4 2024 | 3.7x | Elevated |
AVNW's net debt is about 1.6 years of its operating earnings (EBITDA), up from 1.2 years a year ago.
AVNW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 36.8 | Neutral |
| Stochastic | 19.1 | Oversold |
AVNW's weekly RSI is 37 (neutral) and its Stochastic is 19 (oversold).
AVNW PE vs Technology Sector
| Metric | AVNW | Sector median | Relative |
|---|---|---|---|
| PE | 93x | 28x | 234% above |
| PE % | 91 | 35 | 56 pts above |
AVNW has no meaningful PE right now: it lost money over the past year.
AVNW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $19.3 | 12% below |
| 20 week MA | $20.2 | 16% below |
| 50 week MA | $21.0 | 20% below |
| 100 week MA | $21.1 | 20% below |
| 200 week MA | $25.5 | 34% below |
AVNW is in a downtrend: it's below all five of its weekly moving averages, and 34% below its 200-week average.
AVNW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $7.06 | $17.6 | +149% |
| 2021 | $17.6 | $31.7 | +80% |
| 2022 | $31.7 | $31.1 | -1.8% |
| 2023 | $31.1 | $32.7 | +5% |
| 2024 | $32.7 | $17.8 | -45% |
| 2025 | $17.8 | $21.4 | +20% |
| 2026 YTD | $21.4 | $16.9 | -21% |
AVNW's yearly returns have swung widely, from +149% in 2020 to −45% in 2024. It's down 21% so far in 2026.