# Avnet Reports Record $8.3 Billion Fourth-Quarter Sales as Operating Income Jumps

- URL: https://stocks.freetheai.org/news/avnet-reports-record-8-3-billion-fourth-quarter-sales-as-operating-income-jumps-bb30c7
- Published: 2026-10-14T13:24:00Z
- Category: earnings; sentiment: bullish; impact: medium
- Symbols: [NASDAQ:AVT](https://stocks.freetheai.org/symbols/NASDAQ-AVT)
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Avnet, Inc. (AVT) recorded a 47.7% year-over-year increase in fourth-quarter fiscal 2026 sales to a record $8.3 billion, while adjusted operating income surged 122% to $318 million. The technology distributor saw its Electronic Components segment revenue jump 49% to $7.8 billion, and Farnell sales rise 29.4% to $500.1 million. Gross margin reached 10.4%, while operating margin expanded to 3.8%.

The earnings growth reflects operating leverage as higher sales volume flowed into operating income. Selling, general, and administrative expenses dropped to 63.3% of gross profit, down from 76% in the prior-year period. Demand remained healthy across key end markets, including data centers, networking, aerospace and defense, and industrial sectors, keeping regional book-to-bill ratios above parity.

Looking ahead to the first quarter of fiscal 2027, Avnet forecasts revenue between $9 billion and $9.3 billion, representing about 10% sequential growth at the midpoint. The company projects adjusted earnings per share between $2.80 and $2.90, assuming sustained expansion across all regional distribution channels.

## Key points

- Avnet, Inc. (AVT) reported record fourth-quarter sales of $8.3 billion, up 47.7% year over year.
- Adjusted operating income soared 122% to $318 million, with adjusted operating margins reaching 3.8%.
- Electronic Components segment sales climbed 49% to $7.8 billion, while Farnell revenue increased 29.4% to $500.1 million.
- First-quarter fiscal 2027 revenue guidance is set at $9 billion to $9.3 billion, with adjusted EPS expected between $2.80 and $2.90.

## Questions and answers

### What were Avnet's fourth-quarter revenue and earnings results?

Avnet reported record fourth-quarter sales of $8.3 billion, up 47.7% year over year. Adjusted operating income rose 122% to $318 million, while adjusted operating margin reached 3.8%.

### What is Avnet's sales and earnings outlook for the next quarter?

For the first quarter of fiscal 2027, Avnet expects sales between $9.0 billion and $9.3 billion, alongside adjusted earnings per share of $2.80 to $2.90.

### Which markets drove growth for Avnet in fiscal 2026?

Avnet saw strong demand across data center, networking, aerospace and defense, and industrial sectors, with book-to-bill ratios remaining above parity across all geographic regions.