Avnet, Inc. (AVT) — Financial statements
Income statement, balance sheet, and cash flow for Avnet, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 22,201↓6.6% | 23,757↓10.5% | 26,537↑9.2% | 24,311↑24.4% | 19,535 | |
| Cost of Revenue | 19,816↓5.6% | 20,991↓10.1% | 23,355↑9.4% | 21,345↑23.4% | 17,294 | |
| Gross Profit | 2,385↓13.8% | 2,766↓13.1% | 3,182↑7.3% | 2,965↑32.3% | 2,241 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,762↓5.7% | 1,870↓5.0% | 1,967↓1.4% | 1,995↑6.4% | 1,875 | |
| Other Expenses | 0.00↓100.0% | 53↑87.4% | 28↓11.1% | 32↓62.6% | 84 | |
| Operating Expenses | 1,762↓8.3% | 1,922↓3.7% | 1,995↓1.5% | 2,026↑3.4% | 1,959 | |
| Total Costs & Expenses | 21,578↓5.8% | 22,913↓9.6% | 25,350↑8.5% | 23,372↑21.4% | 19,253 | |
| Operating Results | ||||||
| Operating Income | 623↓26.3% | 844↓28.9% | 1,187↑26.4% | 939↑233.7% | 281 | |
| Depreciation & Amortization | 125↓10.9% | 141↓1.7% | 143↓7.9% | 155↓17.7% | 189 | |
| EBITDA | 748↓29.2% | 1,056↓23.3% | 1,377↑26.4% | 1,089↑141.4% | 451 | |
| EBIT | 623↓32.0% | 915↓25.8% | 1,234↑32.1% | 934↑255.8% | 262 | |
| Interest & Other Income | ||||||
| Net Interest Income | -250↑11.5% | -283↓12.8% | -251↓149.9% | -100↓12.2% | -89 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 250↓11.5% | 283↑12.8% | 251↑149.9% | 100↑12.2% | 89 | |
| Non-Operating Income | 0.00↑100.0% | -71↓50.7% | -47↓985.4% | 5↓72.1% | 19 | |
| Other Income / Expenses | -372↓75.4% | -212↓4.0% | -204↓93.0% | -106↑2.6% | -108 | |
| Income Before Tax | 251↓60.4% | 632↓35.7% | 983↑17.9% | 833↑381.9% | 173 | |
| Income Tax Expense | 10↓92.2% | 134↓37.0% | 212↑50.4% | 141↑798.3% | -20 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 240↓51.8% | 499↓35.3% | 771↑11.3% | 692↑258.5% | 193 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 240↓51.8% | 499↓35.3% | 771↑11.3% | 692↑258.5% | 193 | |
| Bottom-Line Net Income | 240↓51.8% | 499↓35.3% | 771↑11.3% | 692↑258.5% | 193 | |
| EPS (Basic) | 2.78↓49.5% | 5.51↓34.2% | 8.37↑19.2% | 7.02↑260.0% | 1.95 | |
| EPS (Diluted) | 2.75↓49.4% | 5.43↓34.3% | 8.26↑19.0% | 6.94↑259.6% | 1.93 | |
| Weighted Average Shares | 86↓4.7% | 91↓1.6% | 92↓6.7% | 99↓0.6% | 99 | |
| Weighted Average Diluted Shares | 87↓4.8% | 92↓1.6% | 93↓6.5% | 100↓0.3% | 100 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.