Avnet's fourth quarter revenue of $8.3 billion beat estimates by 10% as strong demand drove record results.

Avnet reported record fourth quarter fiscal 2026 results, with sales of $8.3 billion, an increase of 48% year-over-year. The company posted GAAP diluted EPS of $1.49, while adjusted diluted EPS surged 182% to $2.28. For the full fiscal year 2026, sales increased 25% to $27.6 billion, with adjusted diluted EPS growing 65% to $5.67. Avnet also provided strong guidance for the first quarter of fiscal 2027, projecting sales of $9.00 to $9.30 billion and adjusted EPS of $2.80 to $2.90.

Key Highlights

• Fourth quarter sales grew 48% year-over-year to a record $8.3 billion, with growth across all regions and segments.
• Adjusted operating margin for the quarter expanded 129 basis points year-over-year to 3.8%, with adjusted EPS increasing 182% to $2.28.
• The Electronic Components segment reported record sales of $7.8 billion with a 4.1% operating margin.
• The Farnell segment also hit record sales of $500 million, with its operating margin more than doubling year-over-year to 9.0%.