Avnet Inc. (AVT) Financial Statements (2026 and earlier)

Company Profile

Business Address 2211 SOUTH 47TH STREET
PHOENIX, AZ 85034
State of Incorp. NY
Fiscal Year End June 30
Industry (SIC) 5065 - Electronic Parts and Equipment, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
MRQ
6/30/2025
6/30/2024
6/30/2023
6/30/2022
6/30/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments287192311288154200
Cash and cash equivalent287192311288154200
Receivables5,2434,3274,3914,7644,3013,576
Inventory, net of allowances, customer advances and progress billings5,2955,2355,4695,4654,2443,237
Inventory5,2955,2355,4695,4654,2443,237
Other undisclosed current assets200263200234178151
Total current assets:11,02410,01910,37110,7518,8777,163
Noncurrent Assets
Operating lease, right-of-use asset217202209222227266
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization663667568442315368
Intangible asset, including goodwill, after accumulated amortization826837781781771867
Goodwill826837781781759838
Intangible asset, excluding goodwill, after accumulated amortization     1329
Other noncurrent assets423394280282198261
Total noncurrent assets:2,1292,1001,8391,7261,5121,762
TOTAL ASSETS:13,15312,11912,20912,47710,3898,925
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,8183,9853,9194,1274,0232,974
Accounts payable4,3433,4873,3463,3743,4322,401
Accrued liabilities474497573753591572
Debt464874937117423
Other undisclosed current liabilities535654525558
Total current liabilities:5,3344,1284,4654,2494,2523,055
Noncurrent Liabilities
Long-term debt and lease obligation2,4742,5752,4072,9881,6371,431
Long-term debt, excluding current maturities2,4742,5752,4072,9881,4371,191
Liabilities, other than long-term debt407404412488307355
Other liabilities230245238297307355
Operating lease, liability177159174191199240
Total noncurrent liabilities:2,8812,9792,8183,4761,9441,786
Total liabilities:8,2157,1077,2847,7256,1964,841
Equity
Equity, attributable to parent4,9385,0114,9264,7524,1934,084
Common stock8184899296100
Additional paid in capital1,7821,7551,7211,6911,6571,622
Accumulated other comprehensive loss(275)(258)(487)(409)(481)(154)
Retained earnings3,3503,4303,6023,3782,9212,516
Total equity:4,9385,0114,9264,7524,1934,084
TOTAL LIABILITIES AND EQUITY:13,15312,11912,20912,47710,3898,925

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
TTM
6/30/2025
6/30/2024
6/30/2023
6/30/2022
6/30/2021
Revenues23,15122,20123,75726,53724,31119,535
Cost of revenue(20,691)(19,816)(20,991)(23,355)(21,345)(17,294)
Gross profit:2,4592,3852,7663,1822,9652,241
Operating expenses(1,843)(1,762)(1,870)(1,967)(1,995)(1,875)
Other undisclosed operating loss(112)(108)(53)(28)(32)(84)
Operating income:5055148441,187939281
Nonoperating income (expense)(12)(17)(16)10(5)(19)
Other nonoperating income (expense)(12)(17)(16)10(5)(19)
Unusual or infrequent item, or both, net (gain) loss     (26) 
Interest and debt expense(241)(246)(283)(251)(100)(89)
Income from continuing operations before equity method investments, income taxes:252251546946833173
Other undisclosed income from continuing operations before income taxes   8637  
Income from continuing operations before income taxes:252251632983833173
Income tax expense (benefit)(45)(10)(134)(212)(141)20
Income from continuing operations:207240499771692193
Income before gain (loss) on sale of properties:✕✕✕✕✕692193
Net income:207240499771666193
Other undisclosed net income attributable to parent     26 
Net income available to common stockholders, diluted:207240499771692193

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
TTM
6/30/2025
6/30/2024
6/30/2023
6/30/2022
6/30/2021
Net income:207240499771666193
Other comprehensive income (loss)  (6)(28)(22)2(76)
Other undisclosed comprehensive loss(6)     
Comprehensive income:202234470749668117
Other undisclosed comprehensive income (loss), net of tax, attributable to parent261235(49)94(303)311
Comprehensive income, net of tax, attributable to parent:463469421843365428

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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