Every 10-Q that Aviat Networks, Inc. (AVNW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AVNW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AVNW filings page.
Aviat Networks, Inc. reported third‑quarter fiscal 2026 revenue of 100,003 (in thousands), down 11.2% from 112,640 (in thousands) a year earlier, and moved to a net loss of $2,065 (in thousands) versus net income of $3,528 (in thousands).
Year‑to‑date revenue was essentially flat at 318,795 (in thousands) versus 319,266 (in thousands), while net income improved to $3,815 (in thousands) from a net loss of $3,856 (in thousands). Gross margin fell to 29.3% from 34.9% in the quarter, and operating income declined to $939 (in thousands).
Cash and cash equivalents rose to $78,129 (in thousands), supported by $10,472 (in thousands) of operating cash inflow and expanded credit facility capacity, while total debt stood at 104,883 (in thousands). The company remains in compliance with credit covenants but continues to report unresolved material weaknesses in internal control over financial reporting.
Aviat Networks reported stronger results for the quarter and first half of fiscal 2026. Quarterly revenue was $111.5 million, down 5.7% year over year, but net income rose to $5.7 million, or $0.44 per diluted share, helped by product mix and lower operating costs.
For the first six months, revenue grew to $218.8 million and the company moved from a $7.4 million loss a year ago to $5.9 million in net income, with gross margin improving to 32.8%. Cash and cash equivalents increased to $86.5 million, supported by $12.2 million of operating cash flow, while long-term debt rose to $100.9 million under its credit facility. Management continues restructuring efforts and notes material weaknesses in internal controls are not yet fully remediated.
Aviat Networks (AVNW) reported a return to profitability for the quarter ended September 26, 2025. Revenue rose to $107.3 million (up 21.4% year over year), led by product sales of $75.1 million and services of $32.2 million. Gross margin improved to 33.2% from 22.4% as higher‑margin software and mix drove gains, lifting operating income to $5.2 million from a loss a year ago. Net income was $0.2 million, or $0.01 per diluted share, versus a prior loss of $11.9 million.
North America revenue grew 24.7% to $52.6 million, with Africa/Middle East up 22.4%, Europe up 35.0%, and Latin America/Asia Pacific up 13.8%. Operating cash flow was $(11.7) million, an improvement from $(27.2) million a year earlier. Cash and cash equivalents were $64.8 million, with $72.1 million available under the revolver. Debt included $92.2 million on the Term Loan and $15.0 million on the revolver; the effective Term Loan rate was 6.7%.
The company continued remediation of previously disclosed material weaknesses in internal control over financial reporting. Shares outstanding were 12,837,468 as of October 31, 2025.