AVT AVNET INC

BULLISH Impact: 8/10 8-K
Horizon days Filed Apr 29, 2026 Processed 1mo ago SEC 0000008858-26-000040
8-K Item 2.02: Earnings release
Latest settled — T+20d
AVT ▲ +6.78% at T+20d
LONG call ✓ call won +6.78% · α vs SPY +1.32% · entry $81.53 → $87.06
Next anchor: T+60d in 6w
Currently $90.59 · +11.11% from $81.53 entry
Entry anchored
Apr 28, 03:59 PM ET
via Databento tick
T+1d
+1.20%
call +1.20% · α +0.18%
$82.51
settled 6w ago
T+5d
+1.07%
call +1.07% · α -2.04%
$82.40
settled 5w ago
T+20d
+6.78%
call +6.78% · α +1.32%
$87.06
settled 16d ago
T+60d
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call — · α —
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in 6w

Price Chart

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Executive Summary

Avnet reported strong Q3 FY2026 results with adjusted EPS of $1.48 (beat consensus $1.33 by 11.3%) and revenue of $7.12B (up 34% YoY). Q4 guidance was raised to adjusted EPS of $1.70-$1.80 and revenue of $7.30B-$7.60B, implying continued sequential growth and margin expansion.

Key Financial Metrics

Guidance
$7.30B-$7.60B
raised
Free Cash Flow
-$47.0M
Gross Margin
10.38%

Actionable Insight

The strong beat and raised guidance signal accelerating demand across all regions and operating leverage. Expect positive stock reaction; watch Q4 for margin progression and working capital trends.

Key Facts

  • Adjusted diluted EPS of $1.48 vs consensus $1.33 (+11.3%)
  • Revenue $7.12B, +34% YoY, +12.7% sequentially
  • Adjusted operating margin expanded 38 bps QoQ to 3.1%
  • Q4 FY2026 guidance: sales $7.30B-$7.60B, adjusted EPS $1.70-$1.80
  • EC segment sales record, all regions grew YoY and sequentially
  • Inventories reduced to 77 days, EC below 70 days

Financial Impact

Adjusted EPS beat by $0.15 on $7.12B revenue; guidance midpoint $7.45B/$1.75 implies ~5% sequential sales growth and ~18% sequential EPS growth

revenueepsoperating margininventory turns

Risk Factors

  • Cash flow from operations was negative $54M in Q3 due to working capital investment for sales growth
  • Semiconductor cycle downturn or supply chain disruptions could impact future quarters
  • Geopolitical risks in Asia and EMEA regions

Market Snapshot

Exchange
Nasdaq
Sector
Wholesale-Electronic Parts & Equipment, NEC

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0000008858-26-000040
Document: avt-20260429x8k.htm0000008858-26-000040
Document: 0000008858-26-000040-index-headers.html0000008858-26-000040
Document: 0000008858-26-000040-index.html0000008858-26-000040
Document: 0000008858-26-000040.txt0000008858-26-000040
8-K Data (Synthetic)0000008858-26-000040

US Market Status

Market Closed — Opens Mon (48h 15m)

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