Avnet, Inc. (AVT) FY2026 Annual P&L / Income Statement
2025-06-29 to 2026-06-27
Revenue by Business Segment
2025-06-29 to 2026-06-27
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Avnet, Inc. (AVT) FY2026 Annual P&L / Income Statement
Income statement for 2025-06-29 through 2026-06-27. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Sales
- 27,632,683,000 US dollars
- Cost of sales
- 24,750,787,000 US dollars
- Gross profit
- 2,881,896,000 US dollars
- Operating expenses (calculated)
- 2,157,114,000 US dollars
- Operating income
- 724,782,000 US dollars
- Other income (expense), net (calculated)
- negative 257,346,000 US dollars
- Income before taxes
- 467,436,000 US dollars
- Income tax expense
- 133,047,000 US dollars
- Net income
- 334,389,000 US dollars
- Electronic Components
- 25,851,900,000 US dollars
- Farnell
- 1,780,800,000 US dollars
- Selling, general and administrative expenses
- 2,022,408,000 US dollars
- Restructuring, integration and other expenses
- 134,706,000 US dollars
- Revenue before reconciliation (calculated)
- 27,632,700,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Rounding (calculated)
- negative 17,000 US dollars. The disclosed components add up to more than reported revenue; this is the difference, calculated, not a reported item.
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- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.

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Gross margin
10.4%
Gross profit / revenue
Operating margin
2.6%
Operating profit / revenue
Cash conversion
−84.0%
Operating cash / net income, same period
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