Avnet Income Statement

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

Millions USD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 27, 2025	Jun '25 Jun 28, 2025	Jun '24 Jun 29, 2024	Jul '23 Jul 1, 2023	Jul '22 Jul 2, 2022	Jul '21 Jul 3, 2021
Revenue	23,151	22,201	23,757	26,537	24,311	19,535
Revenue Growth (YoY)	2.96%	-6.55%	-10.47%	9.16%	24.45%	10.78%
Cost of Revenue	20,691	19,816	20,991	23,355	21,345	17,294
Gross Profit	2,459	2,385	2,766	3,182	2,965	2,241
Selling, General & Admin	1,843	1,762	1,870	1,967	1,995	1,875
Other Operating Expenses	111.63	108.32	52.55	28.04	31.53	84.39
Total Operating Expenses	1,954	1,871	1,922	1,995	2,026	1,959
Operating Income	504.93	514.25	844.37	1,187	939.01	281.41
Interest Expense	-240.68	-246.4	-282.87	-250.87	-100.38	-89.47
Other Non-Operating Income (Expense)	-11.99	-17.28	70.76	46.95	-5.3	-19.01
Total Non-Operating Income (Expense)	-252.67	-263.69	-212.1	-203.92	-105.68	-108.48
Pretax Income	252.26	250.57	632.26	982.88	833.33	172.93
Provision for Income Taxes	44.77	10.35	133.56	212.05	140.96	-20.19
Net Income	207.49	240.22	498.7	770.83	692.38	193.11
Net Income to Common	207.49	240.22	498.7	770.83	692.38	193.11
Net Income Growth	-34.69%	-51.83%	-35.30%	11.33%	258.53%	-
Shares Outstanding (Basic)	84	86	91	92	99	99
Shares Outstanding (Diluted)	85	87	92	93	100	100
Shares Change (YoY)	-5.81%	-4.82%	-1.64%	-6.46%	-0.35%	-0.30%
EPS (Basic)	2.47	2.78	5.51	8.37	7.02	1.95
EPS (Diluted)	2.44	2.75	5.43	8.26	6.94	1.93
EPS Growth	-30.88%	-49.35%	-34.26%	19.02%	259.58%	-
Shares Outstanding	82.22	86.27	89.05	91.5	97.68	99.5
Free Cash Flow	217.73	577.03	463.51	-908.38	-268.21	40.59
Free Cash Flow Growth	-62.27%	24.49%	-	-	-	-93.82%
Free Cash Flow Per Share	2.57	6.60	5.05	-9.73	-2.69	0.41
Dividends Per Share	1.360	1.320	1.240	1.160	1.000	0.850
Dividend Growth	3.03%	6.45%	6.90%	16.00%	17.65%	1.19%
Gross Margin	10.62%	10.74%	11.64%	11.99%	12.20%	11.47%
Operating Margin	2.18%	2.32%	3.55%	4.47%	3.86%	1.44%
Profit Margin	0.90%	1.08%	2.10%	2.90%	2.85%	0.99%
FCF Margin	0.94%	2.60%	1.95%	-3.42%	-1.10%	0.21%
EBITDA	575.11	585.87	931.08	1,275	1,041	413.33
EBITDA Margin	2.48%	2.64%	3.92%	4.81%	4.28%	2.12%
EBIT	504.93	514.25	844.37	1,187	939.01	281.41
EBIT Margin	2.18%	2.32%	3.55%	4.47%	3.86%	1.44%
Effective Tax Rate	17.75%	4.13%	21.12%	21.57%	16.91%	-11.67%

Updated Jan 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q