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Aviat Networks Shows Impressive Growth in Q1 of Fiscal 2026

Aviat Networks, Inc. has released its financial results for the first quarter of fiscal year 2026, demonstrating substantial growth across various metrics. The company, renowned for its expertise in wireless transport and access solutions, reported a total revenue of $107.3 million, reflecting a remarkable 21.4% increase compared to the same quarter last year. This robust growth signals a strategic rebound and successful execution of their operational objectives.

In breaking down the revenue figures, North America stood out with $52.6 million, which is an increase of 24.7% or $10.4 million from the previous year, underpinning the strong performance from private network projects. International sales also surged, totaling $54.7 million—up 18.3% or $8.5 million compared to the prior year. This growth was primarily attributed to the timing of mobile network operators' capital expenditure plans, reflecting Aviat’s global reach and robust demand for its solutions.

Financial Metrics in Detail

Aviat Networks also reported strong financial metrics in the latest quarter, including:

• - GAAP Operating Income of $5.2 million, a noteworthy recovery from a loss of $15.6 million in the same quarter last year
• - Adjusted EBITDA surged to $9.1 million, up from a loss of $7.7 million year-over-year
• - Net Income stood at $0.2 million, a significant turnaround from a loss of $11.9 million in the fiscal 2025 first quarter
• - The company’s Non-GAAP Diluted Earnings per Share came in at $0.43, versus a loss of $0.87 from the previous year.

The company's gross margins also improved significantly, with GAAP gross margin reported at 33.2%, compared to 22.4% in the previous fiscal year. This notable increase of 1,080 basis points underscores effective management of costs and improved operational efficiencies. Non-GAAP gross margins saw a similar increase, indicating consistent progress across financial performances.

Key Product Launches

In line with the favorable financial results, Aviat Networks launched the Aprisa LTE 5G router, designed specifically for deployability in sectors such as law enforcement, emergency services, and industrial applications. This development not only expands Aviat's product portfolio within its Private Networks segment but also enhances its position in the marketplace as a leading provider of advanced wireless solutions.

Balance Sheet Overview

Regarding their balance sheet, as of September 26, 2025, Aviat reported $64.8 million in cash and cash equivalents, marking a healthy liquidity position. Total debt stood at $106.5 million, indicating a manageable leverage level as the company continues to pursue growth initiatives.

Looking ahead, Aviat Networks has reiterated its guidance for the entire fiscal year 2026, estimating revenues to fall between $440 million and $460 million, with Adjusted EBITDA between $45 million and $55 million. These projections reflect the company’s confidence in sustained growth and continuous enhancement of its offerings in a competitive market.

Conclusion

Aviat Networks’ first-quarter financial results signal a strong start to fiscal year 2026, underscored by significant revenue growth, improved profitability metrics, and the successful launch of innovative solutions. As the company navigates the evolving landscape of wireless communications, stakeholders can look forward to a promising future fueled by solid operational foundations and strategic initiatives. Investors and industry participants are encouraged to tune into the upcoming conference call, where the management will further discuss these results and future directions.