Avnet Q3 sales $7.1B (+34% YoY); adjusted EPS $1.48 beats, up 76% YoY

AVNET INC

2026-Q3 EPS reported $2.49 revenue$19,337,306,000

Sales of $7,119.8M, up 34% YoY and 13% sequentially; record EC sales and double-digit growth in all regions.
GAAP EPS $1.14 (+13% YoY); adjusted EPS $1.48 (+76% YoY, +41% sequentially).
EC sales $6,665.1M (+34.7% YoY); EC operating margin 3.5% expanded 36 bps sequentially.
Farnell sales $454.7M (+24% YoY) with operating margin 5.2%, up 224 bps YoY.
Inventory improved to 77 days (near-term target <80 days); returned $29M in dividends.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

AVNET INC reported third quarter ended March 28, 2026 results: revenue $7,119.8, EPS $1.14.

Period: third quarter ended March 28, 2026
Revenue: $7,119.8
EPS: $1.14
Result: reported results

Exact text from the filing

except per share data) Third Quarter Results (GAAP) March – 26 March – 25 Change Y/Y Dec – 25 Change Q/Q Sales $ 7,119.8 $ 5,315.4 34.0 % $ 6,319.0 12.7 % Operating Income $ 205.5 $ 143.3 43.5 % $ 146.2 40.6 % Operating Income Margin 2.9 % 2.7 % 19 bps

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Source: SEC EDGAR

accession 0000008858-26-000040

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