Aviat Networks Inc
NASDAQ:AVNW
Aviat Networks Inc
Aviat Networks, Inc. engages in the design, manufacture, and sale of wireless network products and solutions. The company is headquartered in Austin, Texas and currently employs 661 full-time employees. The firm designs, manufactures, and sells a range of wireless networking solutions and services to mobile and fixed telephone service providers, private network operators, government agencies, transportation and utility companies, and broadcast system operators across the globe. The firm's products utilize microwave and millimeter wave technologies to create point to point wireless links for short, medium, and long-distance interconnections. Its products incorporate Ethernet switching and Internet protocol (IP) routing capabilities optimized for a microwave and millimeter wave environment and for hybrid applications of microwave and optical fiber transport, to form complete networking solutions. The firm provides software tools and applications to enable deployment, monitoring, network management and optimization of its systems as well as to automate network design and procurement.
Aviat Networks, Inc. engages in the design, manufacture, and sale of wireless network products and solutions. The company is headquartered in Austin, Texas and currently employs 661 full-time employees. The firm designs, manufactures, and sells a range of wireless networking solutions and services to mobile and fixed telephone service providers, private network operators, government agencies, transportation and utility companies, and broadcast system operators across the globe. The firm's products utilize microwave and millimeter wave technologies to create point to point wireless links for short, medium, and long-distance interconnections. Its products incorporate Ethernet switching and Internet protocol (IP) routing capabilities optimized for a microwave and millimeter wave environment and for hybrid applications of microwave and optical fiber transport, to form complete networking solutions. The firm provides software tools and applications to enable deployment, monitoring, network management and optimization of its systems as well as to automate network design and procurement.
Revenue: Aviat reported Q2 revenue of $111.5 million, with first-half fiscal 2026 revenue up 5.9% year-over-year.
Profitability: Adjusted EBITDA was $11.3 million for Q2 and $20.4 million year-to-date, up $13.2 million versus last year.
Cash Flow: The company generated $23.9 million in operating cash flow in Q2, leading to a significant improvement in net debt.
Backlog & Bookings: Q2 bookings were the highest in a decade, with book-to-bill over 1 for the second consecutive quarter.
Guidance: Aviat kept its full-year fiscal 2026 guidance unchanged, projecting $440–460 million in revenue and $45–55 million in adjusted EBITDA.
Strategic Progress: Initial orders were received for both the new Aprisa LTE 5G router and the multi-dwelling unit (MDU) solution, opening new growth avenues.
BEAD Program: No BEAD-related revenue is included in guidance yet; management expects positive impact in fiscal 2027.
