earnings
confidence high
sentiment neutral
materiality 0.65
Aviat Networks Q4 revenue $115.3M, GAAP EPS $0.40, non-GAAP EPS $0.83; FY2026 guidance issued
AVIAT NETWORKS, INC.
- Q4 total revenue $115.3M, down 1.1% YoY; North America up 3.2% to $58.0M, International down 5.2% to $57.3M.
- GAAP net income $5.2M ($0.40 diluted EPS) vs $1.5M ($0.12) a year ago; non-GAAP net income $10.7M ($0.83).
- Adjusted EBITDA $15.1M (13.0% margin), third consecutive quarterly record; full-year Adj. EBITDA $37.1M.
- Full-year revenue $434.6M (+6.5% YoY); full-year GAAP operating income $10.6M, down 45.5% due to M&A expenses.
- FY2026 guidance: revenue $440-460M, Adjusted EBITDA $45-55M; cash and equivalents $59.7M, net debt $27.9M.