AVNET INC

Listed Company

AVTCIK 0000008858NasdaqLarge AcceleratedWholesale-Electronic Parts & Equipment, NecNew YorkFY ends Jun 27

Period

FY 2025

Revenue

$22.20B

Net Income

$240.22M

Total Assets

$12.12B

Equity

$5.01B

Shares Out

82.02M

Op. Cash Flow

$724.50M

AVT$85.56+55.08% · past yearDBEQ Basic

Daily closing prices

Business

Avnet is a leading global electronic components technology distributor and solutions provider serving customers in more than 140 countries. The company distributes semiconductors, interconnect and passive components, electromechanical products, computers, and test and measurement equipment from major manufacturers. Avnet operates through two primary segments—Electronic Components (EC), which serves high and medium-volume customers including OEMs and EMS providers, and Farnell, which serves lower-volume customers primarily through e-commerce. Both segments operate across the Americas, EMEA, and Asia/Pacific regions.

Summary from 10-K filed 2025-08-15

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
Sales	22,201	23,757	26,537	24,311	19,535
Cost of sales	19,816	20,991	23,355	21,345	17,294
Gross profit	2,385	2,766	3,182	2,965	2,241
Selling, general and administrative expenses	1,762	1,870	1,967	1,995	1,875
Restructuring, integration and other expenses	108	53	28	5	84
Operating income	514	844	1,187	939	281
Other expense, net	−17	−16	10	−5	−19
Interest and other financing expenses, net	−246	−283	−251	—	—
Gain on legal settlements and other	—	86	37	—	—
Income before taxes	251	632	983	833	173
Income tax (benefit) expense	10	134	212	141	−20
Net income	240	499	771	692	193
Basic (per share)	2.78	5.51	8.37	7.02	1.95
Diluted (per share)	2.75	5.43	8.26	6.94	1.93
Basic (shares)	86	91	92	99	99
Diluted (shares)	87	92	93	100	100
Cash dividends paid per common share	1.32	1.24	1.16	1	0.85

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
Cash and cash equivalents	192	311	288	154	200
Receivables	4,327	4,391	4,764	4,301	3,576
Inventories	5,235	5,469	5,465	4,244	3,237
Prepaid and other current assets	263	200	234	178	151
Total current assets	10,019	10,371	10,751	8,877	7,163
Property, plant and equipment, net	667	568	442	315	369
Goodwill	837	781	781	759	838
Operating lease assets	202	209	222	227	266
Other assets	394	280	282	211	261
Total assets	12,119	12,209	12,477	10,389	8,925
Short-term debt	87	493	71	174	23
Accounts payable	3,487	3,346	3,374	3,432	2,401
Accrued expenses and other	497	573	753	591	572
Operating Lease, Liability, Current	56	54	52	55	58
Total current liabilities	4,128	4,465	4,249	4,252	3,055
Long-term debt	2,575	2,407	2,988	1,437	1,191
Operating Lease, Liability, Noncurrent	159	174	191	199	240
Other liabilities	245	238	297	307	355
Total liabilities	7,107	7,284	7,725	6,196	4,841
Commitments and contingencies (Note 13)	—	—	—	—	—
Common stock $1.00 par; authorized 300,000,000 shares; issued 83,853,935 shares and 89,045,996 shares, respectively	84	89	92	96	100
Additional paid-in capital	1,755	1,721	1,691	1,657	1,622
Retained earnings	3,430	3,602	3,378	2,921	2,516
Accumulated other comprehensive loss	−258	−487	−409	−481	−154
Total shareholders' equity	5,011	4,926	4,752	4,193	4,084
Total liabilities and shareholders' equity	12,119	12,209	12,477	10,389	8,925

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
Depreciation, Depletion and Amortization, Nonproduction	72	87	89	102	—
Amortization of Operating Lease Assets	54	54	54	53	57
Deferred income taxes	−105	−10	−37	−53	15
Stock-based compensation	36	33	39	37	29
Other, net	26	16	52	34	23
Receivables	184	316	−461	−1,132	−615
Inventories	410	−51	−1,173	−1,219	−409
Accounts payable	102	4	−76	1,131	621
Accrued expenses and other, net	−293	−258	29	134	31
Net cash flows provided by operating activities	725	690	−714	−219	91
Issuance of notes, net of discounts	—	—	499	300	298
Borrowings (repayments) under accounts receivable securitization, net	85	−141	258	275	23
(Repayments) borrowings under senior unsecured credit facility, net	−357	−43	728	—	−232
(Repayments) borrowings under bank credit facilities and other debt, net	−2	27	−96	235	−3
Repurchases of common stock	−303	−163	−222	−184	—
Dividends paid on common stock	−113	−112	−106	−98	−84
Other, net	−2	−3	−6	−17	−11
Net cash flows used for financing activities	−694	−434	1,055	156	−314
Purchases of property, plant and equipment	−147	−226	−195	−49	−50
Other, net	10	994,000	−17	10	8
Net cash flows used for investing activities	−137	−225	−212	51	−61
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations	−12	−8	5	−34	7
(decrease) increase	−119	23	135	−46	−277

Filings

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Frequently asked questions

What is AVNET INC's CIK number?

AVNET INC's SEC CIK number is 0000008858 (8858). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find AVNET INC's SEC filings?

All of AVNET INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did AVNET INC last report earnings?

AVNET INC (AVT) most recently filed an earnings 8-K with the SEC on Apr 29, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000008858-26-000040). This is AVNET INC's most recent earnings filing of record — not a forecast of its next earnings date.

What is AVNET INC's most recent earnings 8-K?

AVNET INC's latest earnings 8-K (Item 2.02) was filed Apr 29, 2026 under accession 0000008858-26-000040. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View AVNET INC's latest earnings 8-K →
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