AVIAT NETWORKS, INC.AVNW

AVIAT NETWORKS, INC. Segments Disclosure

10-KFiled Sep 10, 20252 min read
Segment and Geographic Information
Aviat operates in one reportable business segment: the design, manufacturing and sale of a range of wireless networking and access networking products, solutions and services. Aviat conducts business globally and its sales and support activities are managed on a geographic basis. The Company’s Chief Executive Officer (“CEO”) is the Chief Operating Decision Maker (the “CODM”). The CODM manages the business primarily by function globally and reviews financial information on a consolidated basis, accompanied by disaggregated information about revenues by geographic region, for purposes of allocating resources and evaluating financial performance. The profitability of geographic regions is not a determining factor in allocating resources and the CODM does not evaluate profitability below the level of the consolidated company. Significant segment expenses are presented in Aviat’s consolidated statement of operations.
The Company reports revenue by region and country based on the location where customers accept delivery of products and services. Revenue by region for fiscal 2025, 2024 and 2023 were as follows:
 Fiscal Year
(In thousands)202520242023
North America$207,606 $206,073 $200,678 
Africa and Middle East
49,428 48,884 59,674 
Europe31,713 24,608 18,772 
Latin America and Asia Pacific
145,859 128,518 65,309 
Total Revenue$434,606 $408,083 $344,433 
Revenue by country comprising more than 10% of total revenue for fiscal 2025, 2024 and 2023 was as follows: 
(In thousands, except percentages)Revenue% of 
Total Revenue
Fiscal 2025
United States$191,507 44.1 %
Fiscal 2024
United States$197,052 48.3 %
Fiscal 2023
United States$197,018 57.2 %
Long-lived assets, consisting primarily of net property, plant and equipment and operating lease right-of-use assets, by geographic areas based on physical location as of June 27, 2025, and June 28, 2024, were as follows:
(In thousands)June 27, 2025June 28, 2024
United States$6,074 $8,330 
Canada738 1,039 
New Zealand1,598 467 
Slovenia
7,760 844 
Other countries4,396 2,510 
Total$20,566 $13,190 

Historical Timeline

Fiscal YearFiled
2025Sep 10, 2025Showing above
2024Oct 4, 2024
2023Aug 30, 2023
2022Sep 14, 2022
2021Aug 25, 2021
2020Aug 27, 2020
2019Aug 27, 2019
2018Aug 28, 2018
2017Sep 6, 2017
2016Sep 9, 2016
2015Oct 1, 2015

About Segments Disclosures

Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.

Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.

Other Available Disclosures

Income TaxesRevenueEarnings Per ShareFair ValuePP&EGoodwill & IntangiblesLeasesDebtCommitmentsNew StandardsPay vs Performance