Avnet

Avnet

Global technology distribution and solutions provider

Overview

Avnet distributes electronic components and IT solutions to customers worldwide. It sources parts from suppliers and provides services such as design-in support, supply chain management, logistics, and systems integration to help bring products to market. The company differentiates itself through a long history, broad supplier and customer networks, and a global footprint that enables end-to-end distribution and value-added services at scale. Its goal is to help technology makers move from idea to product quickly and reliably with a comprehensive, globally integrated platform.

About Avnet

Simplify's Rating
Why Avnet is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Hardware

Industrial & Manufacturing

Company Size

10,001+

Company Stage

IPO

Headquarters

Tempe, Arizona

Founded

1921

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Simplify's Take

What believers are saying

  • Fiscal 2026 sales rose 24.5% to $27.63 billion, with net income up 39.2%.
  • Fourth-quarter 2026 sales hit $8.3 billion, up 48%, driven by AI infrastructure.
  • August 2026 notes and share repurchases strengthened liquidity while refinancing short-term borrowings.

What critics are saying

  • Farnell restructuring and Germany's 350-employee closure run through third quarter 2027.
  • Avnet disclosed pending legal matters and investigations; undisclosed compliance issues can escalate quickly.
  • Margin depends on memory pricing and AI demand; a cycle reversal hits 2027 earnings.

What makes Avnet unique

  • Avnet pairs global distribution with design-in engineering through Avnet Silica and element14.
  • The 2026 EMUS Lab with HKU links research, prototyping, and supply chain execution.
  • Its 48-country footprint and 15,040 employees support sourcing, logistics, and local technical sales.

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Funding

Total Funding

$1.1B

Above

Industry Average

Funded Over

2 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Family Planning Benefits

Long-term and Short-term Disability Insurance

Education Assistance

Professional Development Budget

Wellness Program

Stock Price

Company News

Electronics Weekly
Sep 21st, 2026
Avnet Silica signs LEM.

Avnet Silica signs LEM. Avnet Silica has signed a distribution agreement with LEM, a global provider of current and voltage measurement products. Under the agreement, Avnet Silica will offer LEM's portfolio of PCB-mounted and module-mounted current sensors, covering currents from below 1 A up to 42 kA, voltage sensors for applications up to 6.4 kV, and Rogowski coil solutions for grid monitoring and instrumentatio LEM provides a range of galvanically isolated sensing technologies for high-current and high-voltage applications, supporting precise system control, fault and overload detection, and energy management. Backed by Avnet Silica's technical sales and FAE network, customers across the EMEA region will benefit from wider access to LEM's sensing portfolio and technical support throughout the design-in process, helping them progress projects more quickly. LEM's sensing solutions are designed for applications across automotive, e-mobility and EV charging, data centres, energy, industrial automation and smart infrastructure. "Through partnering with LEM, as a leading name in electronic sensing solutions, we are expanding our capabilities to support engineers in developing in advanced power systems," said Thomas Foj, Vice President Supplier Management, Solutions & Digitalization EMEA, Avnet Silica. "LEM's technologies complement our semiconductor and power discretes, portfolio as well as our system-level power expertise, including our Powering the Shift initiative. Together, we can offer customers a broader range of technologies and practical design in support, helping them address the increasing demands for energy efficiency, system reliability and smarter power management." Philippe Rangheard, Head of Distribution EMEA, LEM commented: "We selected Avnet Silica because of its strong analogue and power technical sales organisation, extensive customer reach, and proven design-in expertise. This partnership enhances our ability to support customers across Europe with innovative current and voltage sensing solutions for electrification, energy management, and industrial applications. We look forward to creating new opportunities together and delivering greater value to our customers." David Manners has more than forty-years experience writing about the electronics industry, its major trends and leading players. As well as writing business, components and research news, he is the author of the site's most popular blog, Mannerisms. This features series of posts such as Fables, Markets, Shenanigans, and Memory Lanes, across a wide range of topics. Don't miss out on EW Newsletters. Get its news, blogs and comments straight to your inbox! Sign up for the Electronics Weekly newsletters: Mannerisms, Gadget Master and the Daily and Weekly roundups. Tune into EW's CHIIPS Podcast. The excellent Electronics Weekly podcast, CHIIPS, is brought to you by its editor Caroline Hayes. Hear interesting insights from a range of industry figures. Catch all the episodes" * Latest * Comments

PR Newswire
Sep 17th, 2026
Avnet and University of Hong Kong open EMUS Lab to accelerate AI hardware commercialization

Avnet and The University of Hong Kong have opened the Emerging Microelectronics and Ubiquitous Systems Lab (EMUS Lab) in Hong Kong. The innovation hub aims to accelerate AI hardware commercialisation by connecting research, engineering expertise and supply chain capabilities. Located at Tseung Kwan O InnoPark, EMUS Lab focuses on edge AI, physical AI, robotics and high-performance computing. It provides innovators with engineering consultation, GPU computing resources and prototyping support to transform ideas into market-ready products. The lab has launched the DfMA Launchpad for AI MMP Programme, a 12-month co-incubation initiative supporting AI startups. The programme has attracted 27 startup teams, combining Avnet's supply chain expertise with EMUS Lab's research infrastructure and support from Hong Kong Science and Technology Parks Corporation.

Semiconductor for You
Sep 9th, 2026
Avnet Silica to showcase intelligent, connected systems from device to cloud at SIDO 2026.

Avnet Silica to showcase intelligent, connected systems from device to cloud at SIDO 2026. A diverse range of interactive use cases to display how hardware, software and connectivity technologies accelerate next-generation embedded and IoT applications. Brussels, Belgium, 9th September 2026 - Avnet Silica, an Avnet company (NASDAQ: AVT), today announced details of its presence at SIDO 2026. Taking place at La Cité Internationale de Lyon between 16th and 17th September, the leading business event will bring together technology innovators, system architects, and industrial decision makers from the worlds of AI, extended reality (XR), IoT, and robotics. At Booth E313, Avnet Silica and Farnell Electronics will showcase technologies focused on connected systems, wireless and embedded connectivity, cybersecurity, secure device design, edge intelligence, industrial AI, and vision processing. A team of the company's technical specialists will be available on the stand, hosting demonstrations developed with technology partners: AMD, BICS, DEEPX, Engicam, Kontron, Micron, Microsoft, Nordic Semiconductor, NXP Semiconductors, Renesas, TIANMA, and Tria. Key demonstrations will include: * AI in Action: Demonstrating a hybrid acceleration architecture tuned for camera-based workloads to enhance performance per watt without increasing system complexity in vision AI applications. * AI on the Edge: Running edge AI with Windows 11 IoT Enterprise LTSC 2024 across x86 and ARM platforms, without a dedicated AI accelerator. * Edge AI Innovation: Comparing real-time processing performance and power consumption across the hardware's CPU, GPU and NPU engines using a live video feed. * High-Reliability Industrial Displays: Demonstrating seamless touch integration, durability and long-term reliability in advanced display technologies for demanding automotive, industrial and medical environments. * Live Multi-Model Vision AI Kit: Highlighting real-time edge computer vision capabilities using an onboard 12 MP MIPI-CSI camera to perform multi-model AI analysis. * Security: Demonstrating hardware-rooted security and provisioning architectures designed to support alignment with Cyber Resilience Act (CRA) requirements. * Wireless & Embedded: Supporting scalable, distributed IoT deployments through LTE Cat-1bis connectivity with SGP.32 eSIM for industrial-grade wireless connectivity. Avnet Silica at SIDO 2026 "Together with our leading partners and suppliers, we look forward to welcoming visitors to this year's SIDO exhibition to exchange ideas and discuss their design challenges," said Vincent Levigoureux, Country Director - France, Avnet Silica. "With demonstrations spanning AI, connectivity, cybersecurity, edge computing and robotics, our team will be available to help engineers explore how they can move from early design decisions to scalable, real-world systems and solutions." For additional information and registration for a complimentary visitor pass, please visit this link.

Yahoo Finance
Sep 2nd, 2026
Avnet rides AI infrastructure boom with record $8.3B quarterly sales, 48% YoY growth

Avnet continues to benefit from strong artificial intelligence demand, with direct data-centre business representing approximately 10-15% of total company sales. The company is seeing opportunities across AI infrastructure, including power management, connectivity and automation solutions in industrial markets. Avnet's higher-margin interconnect, passive and electromechanical portfolio reached approximately $4.6 billion in fiscal 2026, up from $4 billion in fiscal 2025. Fourth-quarter sales hit a record $8.3 billion, up 48% year over year and 17% sequentially. The company is also benefiting from emerging demand for edge AI applications, including robotics, drones and autonomous systems. Avnet's direct exposure to data-centre customers remains particularly strong in Asia-Pacific, where hyperscaler expansion is driving infrastructure demand.

MDM
Aug 31st, 2026
Avnet moves into new Tempe headquarters.

Avnet moves into new Tempe headquarters. he electronics distributor completed its move from Phoenix into a former GoDaddy corporate campus at Arizona State University Research Park that it purchased in June 2025. Electronics distributor Avnet has moved into its new corporate headquarters in Tempe, AZ, completing a relocation the company announced last year. The 150,000-square-foot building is located at 2150 E. Warner Road within Arizona State University Research Park, near Loop 101 and Warner Road. The property previously served as GoDaddy's corporate headquarters. Avnet purchased the building in June 2025 and at the time said it expected to relocate there in mid-2026. The move shifts Avnet's headquarters from its longtime location at 2211 South 47th Street in Phoenix. The global technology distributor has been headquartered in the Phoenix metro area since the late 1990s. When announcing the purchase last year, Avnet CEO Phil Gallagher characterized the property acquisition as an investment in the Phoenix area and its technology sector, citing Arizona's business climate as a factor in the company's continued presence in the region. Avnet supports customers and suppliers across the technology product lifecycle, providing electronic components distribution alongside design, supply chain and logistics services. The company operates its core Electronic Components segment alongside Farnell, its high-service electronic components distribution business. The headquarters move follows a strong fiscal 2026 for Avnet. For the year ended June 27, the company posted $27.63 billion in sales, up 24.5% from $22.20 billion in fiscal 2025. Net income increased 39.2% to $334.4 million from $240.2 million.

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