Back to top

Image: Bigstock

Avnet (AVT) Reports Q1 Earnings: What Key Metrics Have to Say

Read MoreHide Full Article

For the quarter ended September 2026, Avnet (AVT - Free Report) reported revenue of $10.72 billion, up 81.7% over the same period last year. EPS came in at $3.63, compared to $0.84 in the year-ago quarter.

The reported revenue represents a surprise of +17.1% over the Zacks Consensus Estimate of $9.15 billion. With the consensus EPS estimate being $2.86, the EPS surprise was +26.92%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Avnet performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Sales- Farnell: $583.3 million versus $576.15 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +46.2% change.
  • Sales- Electronic Components: $10.13 billion versus the two-analyst average estimate of $8.58 billion. The reported number represents a year-over-year change of +84.3%.
  • Operating Income (loss)- Electronic Components: $484.5 million compared to the $404.2 million average estimate based on two analysts.
  • Operating Income (loss)- Corporate expenses: $-45 million compared to the $-58.66 million average estimate based on two analysts.
  • Operating Income (loss)- Farnell: $58.6 million compared to the $39.64 million average estimate based on two analysts.

View all Key Company Metrics for Avnet here>>>

Shares of Avnet have returned -16.6% over the past month versus the Zacks S&P 500 composite's -2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Published in