Avnet reported record first-quarter fiscal 2027 sales of $10.7 billion, up 82% from a year earlier, and diluted earnings per share of $3.28 versus $0.61. The quarter had 14 weeks instead of 13, and excluding the extra week, sales growth was 71%. The company guided second-quarter sales of $11.1 billion to $11.4 billion and adjusted diluted EPS of $3.90 to $4.10.
Sales of $10.7 billion, up 82% year over year and 29% sequentially; excluding the extra week, growth was 71% year over year.
Diluted EPS of $3.28 versus $0.61 a year earlier; adjusted diluted EPS of $3.63 versus $0.84.
Second-quarter guidance (quarter ending January 2, 2027): sales of $11.1 billion to $11.4 billion and adjusted diluted EPS of $3.90 to $4.10.
Net cash used for operating activities was $842 million in the quarter, compared with $145 million a year earlier, as inventories and receivables rose.
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From Avnet's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2026
$27.63B
+24.5%
$4.01
+45.8%
1.2%
FY2025
$22.20B
-6.6%
$2.75
-49.4%
1.1%
FY2024
$23.76B
-10.5%
$5.43
-34.3%
2.1%
FY2023
$26.54B
+9.2%
$8.26
+19.0%
2.9%
FY2022
$24.31B
+24.4%
$6.94
+259.6%
2.8%
Frequently asked questions
When is Avnet's next earnings date?
Avnet has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Avnet earn last quarter?
For the quarter ended Oct 2026, Avnet reported diluted EPS of $3.28 (+437.7% year over year) on revenue of $10.72B (+81.7%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.