A maker of microwave and millimeter-wave radios that beam data between cell towers and the wider network, keeping mobile calls and data flowing for telecom providers and utilities, public-safety, and government networks. Born in 2007 from the merger of Stratex Networks and Harris Corporation's microwave division, it was renamed Aviat Networks in 2010. The "Aviat" name sounds like aviation but has nothing to do with planes — it was chosen to reflect wireless connectivity.
Aviat Networks reports Q3 FY2026 revenue of $100.0M, down 11.2% YoY, with GAAP net loss of $2.1M.
Total Q3 revenues were $100.0 million, down 11.2% from $112.6 million in the year-ago quarter, with North America down 6.6% and international down 14.9%.
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GAAP operating income was $0.9 million, down from $9.3 million; non-GAAP operating income was $3.0 million, down from $13.0 million.
GAAP net loss was $2.1 million ($0.16 per diluted share), compared to net income of $3.5 million ($0.27 per share) in Q3 FY2025; non-GAAP net income was $0.7 million ($0.06 per share).
Adjusted EBITDA was $4.4 million, down from $14.9 million in the prior-year quarter; cash and cash equivalents were $78.1 million, and net debt was $26.1 million.
The company updated FY2026 guidance to revenue of $428–$440 million and Adjusted EBITDA of $35.0–$40.0 million.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
Aviat Networks files updated auditor consent for Form S-3 registration statement
Aviat Networks filed a new Consent of Independent Registered Public Accounting Firm, dated March 10, 2026, as Exhibit 23 to this 8-K.
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The original consent, filed with the Form 10-K on September 10, 2025, omitted reference to Registration Statement No. 333-279014 on Form S-3 because the company was not eligible to use Form S-3 at that time.
The updated consent does not change any previously reported financial results or other disclosures in the Form 10-K.
The consent is from Deloitte & Touche LLP, the company's independent registered public accounting firm.
The report was signed by CFO Andrew C. Schmidt on March 10, 2026.
8.01 Other Events · 9.01 Financial Statements and Exhibits
Aviat Networks extends tax benefit preservation plan to March 3, 2029
The amendment extends the plan's final expiration date to March 3, 2029, pending stockholder ratification at the 2026 annual meeting.
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On February 27, 2026, Aviat Networks entered into Amendment No. 2 to its Tax Benefit Preservation Plan with Computershare Inc. as rights agent.
If stockholders do not approve the amendment, the company anticipates terminating the plan at the close of business on the date voting results are certified.
The plan is designed to protect Aviat's ability to use net operating losses, net unrealized built-in losses, and other tax attributes, which the board views as highly valuable.
The board believes extending the plan is in the best interest of the company and its stockholders.
1.01 Entry into a Material Definitive Agreement · 3.03 Material Modification to Rights of Security Holders · 9.01 Financial Statements and Exhibits
Aviat Networks posts updated investor presentation for Needham Growth Conference
On January 13, 2026, Aviat Networks posted an updated investor relations presentation to its website and attached it as Exhibit 99.1 to the 8-K.
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The presentation will be used in discussions with existing and prospective investors, including at the 28th Annual Needham Growth Conference on January 14, 2026.
The filing is under Item 7.01 Regulation FD Disclosure, meaning the information is furnished but not 'filed' for SEC liability purposes.
The presentation highlights balance sheet improvements in fiscal Q2 2026, including higher cash, lower net debt, and reduced unbilled receivables and inventories.
It also outlines Aviat's product portfolio, market opportunities (e.g., MDU, cellular routers), and recent acquisitions (Redline, NEC microwave, 4RF).
7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Aviat Networks appoints Andrew C. Schmidt as CFO, effective December 3, 2025
Andrew C. Schmidt appointed Senior Vice President and Chief Financial Officer, effective December 3, 2025, also serving as principal accounting officer.
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Schmidt succeeds Andrew Fredrickson, who served as interim CFO from August 27 to December 2, 2025, and resumes his role as VP of Corporate Finance.
Employment agreement provides $440,000 annual base salary, 65% target annual bonus, 100% long-term incentive target, and a $330,000 equity award with three-year vesting.
Schmidt receives a $10,000 sign-on bonus; severance includes lump-sum payment and COBRA coverage up to 12 months (or 18 months after a change in control).
Schmidt previously served as CFO of Sientra, Inc. (2021-2024) and Iteris, Inc. (2015-2020).
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits