Avnet's Q3 FY2026: Record Sales, Growth Across Markets

Avnets Q3 FY2026 earnings soared with $7.1B sales, a 34% YoY and 13% QoQ increase, beating guidance. Asia led growth with $3.5B, while Americas and Europe rebounded. Supply chain tightened, but demand surged in data centers, AI, industrial, and networking. Farnells distribution arm grew double digits, with margins nearing double digits. Price hikes and volume increases drove revenue, with operating margins at 3.5% in components and 5.2% at Farnell. Avnet guides $7.3-7.6B sales and $1.70-1.80 EPS for Q4, positioning for sustained growth amidst AI demand. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/31761cafda96616d