Avnet
Distributes electronic components and supports customers from design through the product lifecycle.
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Profile
Distribution of electronic components and lifecycle services anchors the higher-volume Electronic Components group, while Farnell serves lower-volume engineers through e-commerce. A broad supplier line card and regional operations support a one-stop procurement role.
Electronic Components markets and distributes semiconductors, interconnect, passive and electromechanical components, plus other integrated and embedded products to high- and medium-volume customers. It pairs distribution with design, supply-chain, programming, logistics, and post-sales services for industrial, automotive, defense, and aerospace markets.
Farnell sells kits, tools, electronic and industrial-automation components, and test-and-measurement products to lower-volume engineers and entrepreneurs, primarily through e-commerce. Both groups operate across the Americas, EMEA, and Asia.
Supplier relationships, product availability, and a broad line card support customers that consolidate most or all of their component purchases with one distributor. Price, product selection, and availability shape the business.
Company facts
Key statistics
Year to date +79.7% · Average volume (30d) 1.2M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 6, 2026 | Truist Financial | Target | $95 | $110 | ||
| Jul 20, 2026 | Wells Fargo | Reiterate | Underweight | $48 | $72 | |
| May 13, 2026 | B of A Securities | Upgrade | Underperform | Neutral | ||
| Apr 30, 2026 | Raymond James | Target | $95 | |||
| Apr 29, 2026 | Truist Financial | Target | $65 | $95 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 5, 2026Q4 FY26 | $1.80 | $2.28 | +26.7% | $7.56B | $8.30B | +9.8% | +5.07% |
| Apr 29, 2026Q3 FY26 | $1.33 | $1.48 | +11.3% | $6.45B | $7.12B | +10.3% | +1.20% |
| Jan 28, 2026Q2 FY26 | $0.95 | $1.05 | +10.5% | $6.05B | $6.32B | +4.5% | +4.64% |
| Oct 29, 2025Q1 FY26 | $0.82 | $0.84 | +2.8% | $5.74B | $5.90B | +2.7% | −0.86% |
Financial highlights
| 12 quarters | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $5.32B | $5.62B | $5.90B | $6.32B | $7.12B | $8.30B | |
| Gross profit | $587.9M | $593.7M | $614.8M | $663.0M | $739.1M | $865.0M | |
| Operating income | $152.4M | $142.5M | $150.3M | $171.4M | $220.3M | $317.5M | |
| Net income | $87.9M | $6.1M | $51.7M | $61.7M | $94.3M | $126.6M | |
| Diluted EPS | $1.01 | $0.07 | $0.61 | $0.75 | $1.14 | $1.49 | |
| Gross margin | 11.1% | 10.6% | 10.4% | 10.5% | 10.4% | 10.4% | |
| Operating margin | 2.9% | 2.5% | 2.5% | 2.7% | 3.1% | 3.8% |
Fiscal years (4-quarter sums)FY22 $24.31B · FY23 $26.54B · FY24 $23.76B · FY25 $22.20B · FY26 $27.63B
Revenue by product · Q4 FY26
Revenue by geography · Q4 FY26
Balance sheet, Jun 27, 2026Cash & short-term investments $155.4M · Total debt $3.48B · Total assets $15.43B · Shareholders' equity $5.02B
Dividends
Raised for 12 straight years — most recently to $0.35 from $0.33 in Sep 2025. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 3, 2026 | Jun 3 | Jun 17 | $0.35 | |
| Mar 4, 2026 | Mar 4 | Mar 18 | $0.35 | |
| Dec 3, 2025 | Dec 3 | Dec 17 | $0.35 | |
| Sep 17, 2025 | Sep 17 | Sep 26 | $0.35 | raised from $0.33 |
| Jun 4, 2025 | Jun 4 | Jun 18 | $0.33 | |
| Mar 5, 2025 | Mar 5 | Mar 19 | $0.33 | |
| Dec 4, 2024 | Dec 4 | Dec 18 | $0.33 | |
| Sep 11, 2024 | Sep 11 | Sep 25 | $0.33 | raised from $0.31 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 82.02M · Float 81.20M · 99.0% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 10.31M | 12.58% | 13F | Aug 7, 2026 |
| Dimensional Fund Advisors LP | 5.85M | 7.13% | 13F | Aug 11, 2026 |
| Vanguard Portfolio Management LLC | 5.81M | 7.09% | 13F | Aug 13, 2026 |
| AQR Capital Management LLC | 3.93M | 4.79% | 13F | Aug 14, 2026 |
| Greenhaven Associates Inc | 3.77M | 4.60% | 13F | Jul 28, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 19, 2026 | Michael Ryan McCoy | officer: SVP, General Counsel | −32,052 | $91.10 |
| Aug 12, 2026 | Philip R. Gallagher | director, officer: Chief Executive Officer | −51,900 | $98.46 |
| May 22, 2026 | Kenneth A. Jacobson | officer: Chief Financial Officer | −12,000 | $85.26 |
| May 5, 2026 | Philip R. Gallagher | director, officer: Chief Executive Officer | −23,920 | $82.92 |
| Feb 24, 2026 | Philip R. Gallagher | director, officer: Chief Executive Officer | −46,068 | $67.42 |
Peers
- Arrow Electronics
Global distributor of components, services, and supply-chain solutions
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Avnet | $87.61 | −1.16% | $7.27B | 22.2 | 7.6 | 0.3 | +47.7% |
| Arrow Electronics | $203.92 | +0.12% | $10.43B | 13.0 | 9.1 | 0.3 | +31.8% |
| Median | 13.0 | 9.1 | 0.3 | +31.8% |



