Avnet Q2 sales rise 11.6% to $6.3 billion; GAAP EPS falls to $0.75
Avnet reported fiscal second-quarter 2026 results for the quarter ended December 27, 2025, with sales of $6.3 billion, up 11.6% from a year earlier, and adjusted diluted EPS of $1.05, up 20.7%. GAAP diluted EPS fell 24.2% to $0.75 from $0.99, and the company cited restructuring, integration and other expenses of $25.2 million in the quarter. Avnet also gave third-quarter guidance of $6.20 billion to $6.50 billion in sales and $1.20 to $1.30 in adjusted diluted EPS.
Key points
- Sales of $6.3 billion, up 11.6% year over year; Asia sales of $3.2 billion were a record
- GAAP diluted EPS of $0.75 versus $0.99 a year earlier; adjusted diluted EPS of $1.05 versus $0.87
- Quarter results exceeded the high end of the company's sales and adjusted EPS guidance ranges
- Q3 fiscal 2026 guidance: sales of $6.20 billion to $6.50 billion and adjusted diluted EPS of $1.20 to $1.30
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 28, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.