Aviat Networks, Inc. reported a significant increase in financial performance for the first quarter of fiscal 2026, ending September 26, 2025. The company achieved total revenues of $107.3 million, a 21.4% increase from $88.4 million in the same period last year. Product sales rose by 22.9% to $75.1 million, while service revenues increased by 18.0% to $32.2 million. The gross margin also improved substantially, reaching $35.7 million, up 80.2% from $19.8 million a year earlier, reflecting a gross margin percentage of 33.2%.
The company’s operating income turned positive at $5.2 million, compared to an operating loss of $15.6 million in the prior year. Net income for the quarter was $162,000, a notable recovery from a net loss of $11.9 million in the same quarter of the previous year. This turnaround was attributed to increased demand for products and services, particularly in North America, where revenues grew by 24.7% due to heightened activity among mobile network operators and private network customers.
Aviat has also made strategic moves to enhance its market position, including the acquisition of 4RF Limited in July 2024 for $18.2 million, which expanded its offerings in industrial wireless access solutions. Additionally, the company completed the acquisition of NEC Corporation's wireless transport business in November 2023, which is expected to enhance its product portfolio and operational scale. These acquisitions are part of Aviat's strategy to diversify its business and improve its competitive edge in the wireless networking market.
Operationally, Aviat reported a customer base of over 3,000, with significant growth in various regions. North America accounted for 49% of total revenue, while India contributed 12.8%. The company also noted a 54% increase in demand for products and a 15% rise in services in North America. The total employee headcount remained stable, reflecting the company's focus on optimizing its workforce amid ongoing restructuring efforts aimed at aligning costs with operational needs.
Looking ahead, Aviat Networks anticipates continued growth driven by the demand for 5G and LTE deployments, as well as its commitment to enhancing customer support services. The company is also focused on mitigating potential impacts from new tariffs on foreign imports by optimizing sourcing and operations. With a strong liquidity position, including $64.8 million in cash and cash equivalents and $72.1 million in available credit, Aviat is well-positioned to meet its operational and strategic objectives in the coming quarters.
About AVIAT NETWORKS, INC.
Aviat Networks, Inc. designs, manufactures, and sells microwave and millimeter wave wireless transport and access networking solutions globally. Serving communications service providers and private network operators, its products enable cost-effective, high-capacity, low-latency wireless links as alternatives to fiber optics. Aviat offers comprehensive hardware, software, and professional services for network planning, deployment, and management, focusing on reducing total cost of ownership and supporting evolving mobile, broadband, and mission-critical applications.
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