Avnet INC (AVT) — SEC Filings

Overview

Avnet INC (AVT) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Oct 31, 2025: AVNET INC reported a mixed financial performance for the first quarter ended September 27, 2025. Sales increased by 5.25% to $5.898 billion from $5.604 billion in the prior year period. However, net income decreased by 12.23% to $51.745 million, down from $58.956 million in the first quarter of 2024

Sentiment Summary

Across 32 filings, the sentiment breakdown is: 1 bullish, 2 bearish, 29 neutral. The dominant filing sentiment for Avnet INC is neutral.

Filing Type Overview

Avnet INC (AVT) has filed 17 8-K, 6 10-Q, 2 DEF 14A, 2 10-K, 4 SC 13G/A, 1 SC 13G with the SEC between Jan 2024 to Nov 2025.

Filings by Year

2025 · 2024

Recent Filings (32)

• 8-K Filing — 8-K · Nov 21, 2025
• Avnet's Q1 Sales Up, But Net Income Dips Amid Rising Debt — 10-Q · Oct 31, 2025 Risk: high
  AVNET INC reported a mixed financial performance for the first quarter ended September 27, 2025. Sales increased by 5.25% to $5.898 billion from $5.604 billion
• Avnet, Inc. Files 8-K on Financials — 8-K · Oct 29, 2025 Risk: low
  Avnet, Inc. filed an 8-K on October 29, 2025, reporting on its results of operations and financial condition, as well as filing financial statements and exhibit
• Avnet Sets Shareholder Vote on Board, Exec Pay, and 2025 Stock Plan — DEF 14A · Oct 7, 2025 Risk: low
  AVNET INC's DEF 14A filing outlines key proposals for its Annual Meeting on November 21, 2025, at its Phoenix headquarters. Shareholders will vote on the electi
• Avnet Changes Independent Auditor — 8-K · Oct 3, 2025 Risk: low
  Avnet, Inc. filed an 8-K on October 3, 2025, reporting a change in its certifying accountant as of September 30, 2025. The company has appointed Pricewaterhouse
• Avnet Inc. Files 8-K: Material Agreements & Financial Obligations — 8-K · Sep 5, 2025 Risk: medium
  On September 2, 2025, Avnet, Inc. entered into a material definitive agreement, likely related to a financial obligation. The company also reported on the creat
• Avnet Inc. Files 8-K on Material Agreement and Financial Obligation — 8-K · Aug 28, 2025 Risk: medium
  On August 28, 2025, Avnet, Inc. filed an 8-K report detailing a material definitive agreement and a direct financial obligation. The filing indicates the compan
• Avnet, Inc. Files 2025 Annual Report — 10-K · Aug 15, 2025 Risk: medium
  Avnet, Inc. filed its 10-K for the fiscal year ending June 28, 2025, detailing its financial performance and business operations. The company, headquartered in
• Avnet, Inc. Files 8-K with Financial Updates — 8-K · Aug 6, 2025 Risk: low
  On August 6, 2025, Avnet, Inc. filed an 8-K report detailing its financial results and operations. The filing includes financial statements and exhibits, provid
• Avnet, Inc. Enters Material Definitive Agreement — 8-K · Jul 3, 2025 Risk: medium
  On July 1, 2025, Avnet, Inc. entered into a material definitive agreement. This agreement also created a direct financial obligation or an obligation under an o
• Avnet, Inc. Files 10-Q for Period Ending March 29, 2025 — 10-Q · May 2, 2025 Risk: low
  Avnet, Inc. filed its 10-Q for the period ending March 29, 2025. The company reported financial results and provided updates on its business operations. Specifi
• Avnet, Inc. Files 8-K on Financials — 8-K · Apr 30, 2025 Risk: low
  Avnet, Inc. filed an 8-K on April 30, 2025, reporting on its results of operations and financial condition, as well as filing financial statements and exhibits.
• Avnet Inc. Files 10-Q for Period Ending Dec 28, 2024 — 10-Q · Jan 31, 2025 Risk: low
  Avnet, Inc. filed its 10-Q for the period ending December 28, 2024. The filing details financial performance and operational updates for the company, which is i
• Avnet, Inc. Files 8-K on Financials — 8-K · Jan 29, 2025 Risk: low
  Avnet, Inc. filed an 8-K on January 29, 2025, reporting on its results of operations and financial condition, and including financial statements and exhibits. T
• Avnet Inc. Enters Material Definitive Agreement — 8-K · Jan 22, 2025 Risk: medium
  On January 17, 2025, Avnet, Inc. entered into a material definitive agreement, likely related to a financial obligation. The company, headquartered in Phoenix,
• Avnet Inc. Enters New Credit Agreement — 8-K · Dec 12, 2024 Risk: medium
  On December 6, 2024, Avnet, Inc. entered into a material definitive agreement, specifically a credit agreement. This agreement creates a direct financial obliga
• Avnet, Inc. Files 8-K for Shareholder Votes and Exhibits — 8-K · Nov 25, 2024 Risk: low
  Avnet, Inc. filed an 8-K on November 22, 2024, to report on matters submitted to a vote of security holders and to file financial statements and exhibits. The f
• Avnet Inc. Files 10-Q for Q3 2024 — 10-Q · Nov 1, 2024 Risk: low
  Avnet Inc. reported its 10-Q filing for the period ending September 28, 2024. The company's fiscal year ends on June 28th. Key financial data points such as Add
• Avnet, Inc. Files 8-K on Financials — 8-K · Oct 30, 2024 Risk: low
  Avnet, Inc. filed an 8-K on October 30, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and exhib
• SC 13G/A Filing — SC 13G/A · Oct 24, 2024
• Avnet Inc. Files Definitive Proxy Statement — DEF 14A · Oct 8, 2024 Risk: low
  Avnet, Inc. filed its definitive proxy statement on October 8, 2024, for its annual meeting on November 22, 2024. The filing details executive compensation, boa
• Avnet, Inc. Files 8-K on Officer Changes and Financials — 8-K · Aug 16, 2024 Risk: low
  Avnet, Inc. filed an 8-K on August 15, 2024, reporting on the departure of directors or certain officers, the election of directors, the appointment of certain
• Avnet Inc. Files 2024 Annual Report — 10-K · Aug 14, 2024 Risk: medium
  Avnet Inc. filed its 10-K for the fiscal year ending June 29, 2024, reporting on its financial performance and business operations. The company, headquartered i
• Avnet, Inc. Files 8-K on Financials — 8-K · Aug 8, 2024 Risk: low
  On August 8, 2024, Avnet, Inc. filed an 8-K report detailing its financial results and condition. The filing includes financial statements and exhibits related
• AVNET INC Files 10-Q for Period Ending March 30, 2024 — 10-Q · May 3, 2024 Risk: low
  AVNET INC (AVT) filed a Quarterly Report (10-Q) with the SEC on May 3, 2024. AVNET INC filed its quarterly report (10-Q) for the period ending March 30, 2024. T
• Avnet Inc. Files 8-K on Financials — 8-K · May 1, 2024 Risk: low
  Avnet, Inc. filed an 8-K on May 1, 2024, reporting on its Results of Operations and Financial Condition, as well as Financial Statements and Exhibits. The filin
• Vanguard Amends Avnet Stake: 11.4% Ownership as of Dec 29, 2023 — SC 13G/A · Feb 13, 2024 Risk: low
  The Vanguard Group, a major investment firm, filed an amended SC 13G/A on February 13, 2024, disclosing its ownership in Avnet Inc. As of December 29, 2023, Van
• Dimensional Fund Advisors Cuts Avnet Stake to 6.4% — SC 13G/A · Feb 9, 2024 Risk: medium
  Dimensional Fund Advisors LP, a Delaware Limited Partnership, filed an amended SC 13G/A on February 9, 2024, indicating a change in their beneficial ownership o
• Pzena Investment Management Discloses 8.75M Share Stake in Avnet — SC 13G · Feb 8, 2024 Risk: low
  Pzena Investment Management LLC, a Delaware-based investment firm, reported owning 8,751,446 shares of Avnet Inc. common stock as of December 31, 2023. This rep
• Avnet Inc. Files 10-Q for Period Ending December 30, 2023 — 10-Q · Feb 2, 2024 Risk: medium
  AVNET INC (AVT) filed a Quarterly Report (10-Q) with the SEC on February 2, 2024. Avnet Inc. filed its 10-Q report for the period ending December 30, 2023. The
• AVNET Files 8-K on Financial Results & Operations — 8-K · Jan 31, 2024
  Avnet, Inc. filed an 8-K on January 31, 2024, to report its results of operations and financial condition, along with financial statements and exhibits. This fi
• BlackRock Amends Avnet Stake Filing, Signals Continued Passive Ownership — SC 13G/A · Jan 24, 2024
  BlackRock, Inc. filed an amended Schedule 13G/A on January 24, 2024, indicating its ownership of AVNET INC common stock as of December 31, 2023. This filing is

Risk Profile

Risk Assessment: Of AVT's 28 recent filings, 1 were flagged as high-risk, 9 as medium-risk, and 18 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.

Financial Highlights

Key financial metrics from Avnet INC's most recent 10-Q filing (Oct 31, 2025):

• Revenue: $5.898B
• Net Income: $51.745M
• EPS: $0.61
• Debt-to-Equity: 1.56
• Cash Position: $175.465M
• Operating Margin: 2.41%
• Total Assets: $12.414B
• Total Debt: $3.005B

Key Executives

• New York
• Phoenix
• United States
• Rodney C. Adkins
• Brenda L. Freeman
• Philip R. Gallagher
• Helmut Gassel
• Virginia L. Henkels
• Jo Ann Jenkins
• Oleg Khaykin
• Ernest E. Maddock

Industry Context

Avnet operates in the highly competitive electronic components distribution industry. This sector is characterized by complex supply chains, fluctuating demand tied to global economic conditions and technology cycles, and significant inventory management challenges. Key trends include increasing demand for specialized components, the need for robust logistics and supply chain services, and the ongoing consolidation within the distribution landscape.

Top Tags

financial-reporting (7) · 8-k (5) · 10-Q (5) · financial-obligation (4) · financials (4) · institutional-ownership (4) · 8-K (3) · material-agreement (3) · amendment (3) · annual-report (2)

Executive Compensation

From the most recent DEF 14A filing (Oct 7, 2025):

• Philip R. Gallagher — Chief Executive Officer
• Rodney C. Adkins — Chairman of the Board
• Brenda L. Freeman — Director
• Helmut Gassel — Director

Key Numbers

• Sales: $5.898B — increased by 5.25% from $5.604 billion in Q1 2024
• Net income: $51.745M — decreased by 12.23% from $58.956 million in Q1 2024
• Diluted EPS: $0.61 — decreased from $0.66 in Q1 2024
• Short-term debt: $189.311M — increased from $87.284 million at June 28, 2025
• Long-term debt: $2.795B — increased from $2.574 billion at June 28, 2025
• Convertible Senior Notes: $650M — issued in September 2025
• Net cash flows from operating activities: $(144.584)M — a decrease from $106.325 million provided in Q1 2024
• Cash dividends paid per common share: $0.35 — increased from $0.33 in Q1 2024
• Repurchases of common stock: $138.308M — in Q1 2025, compared to $99.995 million in Q1 2024
• Common Stock Shares Outstanding: $81.3M — as of October 25, 2025
• Shares of Common Stock outstanding: 81,326,423 — As of the record date September 22, 2025
• Number of Director nominees: 10 — To be elected at the Annual Meeting
• Annual Meeting Date: 2025-11-21 — Date of Avnet's Annual Meeting of Shareholders
• Record Date: 2025-09-22 — Date for determining shareholders entitled to vote
• Number of proposals: 4 — To be voted on at the Annual Meeting

Forward-Looking Statements

• {"claim":"Vanguard will maintain a significant, but potentially fluctuating, stake in Avnet Inc. over the next year.","entity":"The Vanguard Group","targetDate":"2025-02-13","confidence":"high"}
• {"claim":"Avnet Inc's stock price may experience short-term downward pressure due to the reduced institutional ownership.","entity":"Avnet Inc","targetDate":"3 months","confidence":"medium"}
• {"claim":"Other institutional investors might re-evaluate their positions in Avnet Inc following this reduction by Dimensional Fund Advisors LP.","entity":"Institutional Investors","targetDate":"6 months","confidence":"medium"}
• {"claim":"Pzena Investment Management will maintain a significant stake in Avnet Inc. for the foreseeable future.","entity":"Pzena Investment Management LLC","targetDate":"December 31, 2024","confidence":"medium"}

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