Avnet's 10-K Reveals Record $27.6B Sales and a New $375M Term Loan
AVT has more than doubled off its 52-week low of $44.25.
Summary
Avnet reported record fiscal 2026 sales of $27.6B and EPS of $4.01, and disclosed a new $375M term loan. The 10-K provides full-year audited financials and updated capital allocation details.
Key Events · Earnings and Guidance · AVT
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Record Full-Year Sales
Fiscal 2026 sales reached $27.63 billion, up 24.5% from $22.20 billion in fiscal 2025, driven by growth across all regions and both operating groups.
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Strong Earnings Growth
Net income rose 39.2% to $334.4 million, with diluted EPS of $4.01 compared to $2.75 in the prior year.
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New $375M Term Loan
On August 12, 2026, Avnet entered into a $375 million term loan maturing July 1, 2028, with a variable interest rate, providing additional liquidity.
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Working Capital Investment
Operating cash flow was negative $280.9 million in fiscal 2026, reflecting higher inventory and receivables to support sales growth, versus positive $724.5 million in fiscal 2025.
Analysis · AVT · Trade & Services
The fiscal 2026 annual report confirms record sales of $27.6 billion, up 24.5% year-over-year, with diluted EPS of $4.01. A new $375 million term loan, entered into on August 12, 2026, and maturing July 2028, adds to financing flexibility. Operating cash flow was negative $280.9 million due to working capital investment to support growth, a key metric for investors to watch.
How filings like this one have moved
In the 30 days to Sep 13, 2026, 29.5% of the 1672 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.22%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AVT was trading at $98.00 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $7.9B. The 52-week trading range was $44.25 to $100.00. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.