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Aviat Networks vs Ubiquiti: revenue, profit, margins and growth compared

Aviat Networks brought in $439.7M of revenue in fiscal 2026, Ubiquiti $3.3B in fiscal 2026. Revenue changed by +1.2% at Aviat Networks and +27.2% at Ubiquiti on the year before, so Ubiquiti grew faster. Aviat Networks kept 0.6% of its revenue as net profit, Ubiquiti 29.3%. Free cash flow was $6.1M at Aviat Networks and $908.9M at Ubiquiti.

Side by side, latest fiscal year

AVNWUI
Fiscal year endedFY2026 (July 3, 2026)FY2026 (June 30, 2026)
Revenue$439.7M$3.3B
Revenue growth+1.2%+27.2%
Net income$2.5M$960.3M
Net margin0.6%29.3%
Free cash flow$6.1M$908.9M
Free cash flow margin1.4%27.8%
Earnings per share (diluted)$0.19$15.85
Cash$72.8M$522.6M
Debt$97Mn/a
Price to earnings105.735.4
Market value$260M$33.9B
Dividend yieldn/a0.57%
Rank by revenue in sector#327 of 530 · Technology#114 of 530 · Technology

Over the years

Revenue
AVNW FY2019: $243.9MAVNW FY2020: $238.6MAVNW FY2021: $274.9MAVNW FY2022: $303MAVNW FY2023: $344.4MAVNW FY2024: $408.1MAVNW FY2025: $434.6MAVNW FY2026: $439.7MUI FY2019: $1.2BUI FY2020: $1.3BUI FY2021: $1.9BUI FY2022: $1.7BUI FY2023: $1.9BUI FY2024: $1.9BUI FY2025: $2.6BUI FY2026: $3.3BFY19FY20FY21FY22FY23FY24FY25FY26
AVNW $439.7MUI $3.3B
Net income
AVNW FY2019: $9.7MAVNW FY2020: $257KAVNW FY2021: $110.1MAVNW FY2022: $21.2MAVNW FY2023: $10.2MAVNW FY2024: $10.8MAVNW FY2025: $1.3MAVNW FY2026: $2.5MUI FY2019: $322.7MUI FY2020: $380.3MUI FY2021: $616.6MUI FY2022: $378.7MUI FY2023: $407.6MUI FY2024: $350MUI FY2025: $711.9MUI FY2026: $960.3MFY19FY20FY21FY22FY23FY24FY25FY26
AVNW $2.5MUI $960.3M
Net margin
AVNW FY2019: 4.0%AVNW FY2020: 0.1%AVNW FY2021: 40.1%AVNW FY2022: 7.0%AVNW FY2023: 3.0%AVNW FY2024: 2.6%AVNW FY2025: 0.3%AVNW FY2026: 0.6%UI FY2019: 27.8%UI FY2020: 29.6%UI FY2021: 32.5%UI FY2022: 22.4%UI FY2023: 21.0%UI FY2024: 18.1%UI FY2025: 27.7%UI FY2026: 29.3%FY19FY20FY21FY22FY23FY24FY25FY26
AVNW 0.6%UI 29.3%
Revenue growth
AVNW FY2020: -2.1%AVNW FY2021: +15.2%AVNW FY2022: +10.2%AVNW FY2023: +13.7%AVNW FY2024: +18.5%AVNW FY2025: +6.5%AVNW FY2026: +1.2%UI FY2020: +10.6%UI FY2021: +47.8%UI FY2022: -10.9%UI FY2023: +14.7%UI FY2024: -0.6%UI FY2025: +33.4%UI FY2026: +27.2%FY20FY21FY22FY23FY24FY25FY26
AVNW +1.2%UI +27.2%
Free cash flow
AVNW FY2019: -$2.3MAVNW FY2020: $12.9MAVNW FY2021: $14.5MAVNW FY2022: $997KAVNW FY2023: -$7MAVNW FY2024: $27.9MAVNW FY2025: -$7.2MAVNW FY2026: $6.1MUI FY2019: $207.6MUI FY2020: $429.7MUI FY2021: $593.7MUI FY2022: $356.8MUI FY2023: -$166.4MUI FY2024: $529.5MUI FY2025: $627.4MUI FY2026: $908.9MFY19FY20FY21FY22FY23FY24FY25FY26
AVNW $6.1MUI $908.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Aviat Networks and Ubiquiti

Which is bigger by revenue, Aviat Networks or Ubiquiti?

Ubiquiti is bigger by revenue: $3.3B in fiscal 2026, against $439.7M for Aviat Networks in fiscal 2026.

Which keeps more of its revenue as profit, Aviat Networks or Ubiquiti?

Aviat Networks had a net margin of 0.6% in fiscal 2026; Ubiquiti had 29.3% in fiscal 2026.

Which grew revenue faster, Aviat Networks or Ubiquiti?

In their latest fiscal years revenue changed by +1.2% at Aviat Networks and +27.2% at Ubiquiti.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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