Aviat Networks vs Digi International
Aviat Networks reported revenue of $440 million in fiscal 2026, about the same as Digi International's $430 million in fiscal 2025. Aviat Networks' revenue grew 1.2% in its latest year, and Digi International's grew 1.5%. Aviat Networks had an operating margin of 4.4%, against 13.1% at Digi International. Free cash flow was $6 million at Aviat Networks and $105 million at Digi International. Their fiscal years end in different months (July 3 and September 30), so the periods don't line up exactly.
Side by side
| Aviat Networks | Digi International | |
|---|---|---|
| Latest fiscal year | FY2026, Jul 3, 2026 | FY2025, Sep 30, 2025 |
| Revenue | $440M | $430M |
| Revenue growth | 1.2% | 1.5% |
| Revenue growth a year, last 5 years | 9.8% | 9.0% |
| Gross margin | 31.4% | 62.9% |
| Operating margin | 4.4% | 13.1% |
| Net margin | 0.6% | 9.5% |
| Free cash flow | $6M | $105M |
| Free cash flow margin | 1.4% | 24.5% |
| Return on capital | 3.3% | 6.3% |
| Net debt to EBITDA | 1.1x | 1.5x |
| Dividends and buybacks | $0M | $7M |
| Change in diluted share count | 1.6% | 2.0% |
| Last close | $17.66 | $63.21 |
| P/E at the last close | 92.9× | 50.2× |
| Insider trades, last 12 months | sold $1.2 million | sold $11.2 million |
| Piotroski F-score | 5 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Aviat NetworksDigi International
Operating margin
Percent of revenue
Aviat NetworksDigi International
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Aviat NetworksDigi International
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Aviat Networks and Digi International pages.