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	1,833	1,751	1,854	1,985	1,978	1,862
Other Operating Expenses	0.27	0.31	-0.05	-	-	-
Operating Expenses	1,833	1,751	1,854	1,985	1,978	1,862
Operating Income	626.06	634.02	912.1	1,197	987.55	378.67
Interest Expense	-239.67	-246.4	-282.87	-250.87	-100.38	-89.47
Currency Exchange Gain (Loss)	14.53	15.54	-31.67	40.45	-37.34	-21.61
Other Non Operating Income (Expenses)	-37.3	-44.59	0.8	-12.85	15.03	4.93
EBT Excluding Unusual Items	363.62	358.58	598.36	973.88	864.87	272.52
Merger & Restructuring Charges	-67.96	-64.61	-52.6	-28.04	-5.27	-84.39
Gain (Loss) on Sale of Investments	-	-	-	-	-	-15.2
Legal Settlements	-	-	86.5	37.04	-	-
Other Unusual Items	-43.4	-43.4	-	-	-26.26	-
Pretax Income	252.26	250.57	632.26	982.88	833.33	172.93
Income Tax Expense	44.77	10.35	133.56	212.05	140.96	-20.19
Earnings From Continuing Operations	207.49	240.22	498.7	770.83	692.38	193.11
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)	2.48	2.78	5.51	8.37	7.02	1.95
EPS (Diluted)	2.45	2.75	5.43	8.26	6.94	1.93
EPS Growth	-30.70%	-49.35%	-34.26%	19.02%	259.58%	-
Free Cash Flow	217.73	577.03	463.51	-908.38	-268.21	22.21
Free Cash Flow Per Share	2.57	6.60	5.05	-9.73	-2.69	0.22
Dividend Per Share	1.360	1.320	1.240	1.160	1.000	0.850
Dividend Growth	6.25%	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	2.70%	2.86%	3.84%	4.51%	4.06%	1.94%
Profit Margin	0.90%	1.08%	2.10%	2.90%	2.85%	0.99%
Free Cash Flow Margin	0.94%	2.60%	1.95%	-3.42%	-1.10%	0.11%
EBITDA	696.24	705.64	998.81	1,286	1,090	510.59
EBITDA Margin	3.01%	3.18%	4.20%	4.84%	4.48%	2.61%
D&A For EBITDA	70.18	71.62	86.71	88.61	102.33	131.92
EBIT	626.06	634.02	912.1	1,197	987.55	378.67
EBIT Margin	2.70%	2.86%	3.84%	4.51%	4.06%	1.94%
Effective Tax Rate	17.75%	4.13%	21.13%	21.57%	16.91%	-

Updated Jan 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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