Avnet, Inc. (AVT)

Avnet Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 28, 2025	Jun 29, 2024	Jul 1, 2023	Jul 2, 2022	Jul 3, 2021
Revenue	22,201	23,757	26,537	24,311	19,535
Revenue Growth (YoY)	-6.55%	-10.47%	9.16%	24.45%	10.78%
Cost of Revenue	19,816	20,991	23,355	21,345	17,294
Gross Profit	2,385	2,766	3,182	2,965	2,241
Selling, General & Admin	1,762	1,870	1,967	1,995	1,875
Other Operating Expenses	108.32	52.55	28.04	31.53	84.39
Total Operating Expenses	1,871	1,922	1,995	2,026	1,959
Operating Income	514.25	844.37	1,187	939.01	281.41
Interest Expense	-246.4	-282.87	-250.87	-100.38	-89.47
Other Non-Operating Income (Expense)	17.28	102.24	27.13	5.3	19.01
Total Non-Operating Income (Expense)	-229.12	-180.63	-223.74	-95.07	-70.47
Pretax Income	250.57	632.26	982.88	833.33	172.93
Provision for Income Taxes	10.35	133.56	212.05	140.96	-20.19
Net Income	240.22	498.7	770.83	692.38	193.11
Net Income to Common	240.22	498.7	770.83	692.38	193.11
Net Income Growth	-51.83%	-35.30%	11.33%	258.53%	-
Shares Outstanding (Basic)	86	91	92	99	99
Shares Outstanding (Diluted)	87	92	93	100	100
Shares Change (YoY)	-4.82%	-1.64%	-6.46%	-0.35%	-0.30%
EPS (Basic)	2.78	5.51	8.37	7.02	1.95
EPS (Diluted)	2.75	5.43	8.26	6.94	1.93
EPS Growth	-49.35%	-34.26%	19.02%	259.58%	-
Free Cash Flow	577.03	463.51	-908.38	-268.21	40.59
Free Cash Flow Growth	24.49%	-	-	-	-93.82%
Free Cash Flow Per Share	6.60	5.05	-9.73	-2.69	0.41
Dividends Per Share	1.320	1.240	1.160	1.000	0.850
Dividend Growth	6.45%	6.90%	16.00%	17.65%	1.19%
Gross Margin	10.74%	11.64%	11.99%	12.20%	11.47%
Operating Margin	2.32%	3.55%	4.47%	3.86%	1.44%
Profit Margin	1.08%	2.10%	2.90%	2.85%	0.99%
FCF Margin	2.60%	1.95%	-3.42%	-1.10%	0.21%
EBITDA	639.45	984.87	1,330	1,094	470.11
EBITDA Margin	2.88%	4.15%	5.01%	4.50%	2.41%
EBIT	514.25	844.37	1,187	939.01	281.41
EBIT Margin	2.32%	3.55%	4.47%	3.86%	1.44%
Effective Tax Rate	4.13%	21.12%	21.57%	16.91%	-11.67%

Updated Aug 6, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q