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Avnet's revenue is $23.8 billion.

What is Avnet's revenue?

Avnet's annual revenue is $23.8B. Zippia's data science team found the following key financial metrics about Avnet after extensive research and analysis.
  • Avnet's revenue growth from 2009 to 2024 is 46.38%.
  • Avnet has 15,500 employees, and the revenue per employee ratio is $1,532,718.
  • Avnet's peak quarterly revenue was $7.6B in 2015(q2).
  • Avnet peak revenue was $27.5B in 2014.
  • Avnet annual revenue for 2023 was 26.5B, 9.16% growth from 2022.
  • Avnet annual revenue for 2024 was 23.8B, -10.48% growth from 2023.

On this page

Most recent quarter revenue
$5.7B (Q2'2025)
Company most recent quarter revenue
Peak revenue
$27.5B (2014)
Company peak revenue
Revenue / employee
$1.5M
Company revenue / employee

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Most recent quarter revenue
$5.7B (Q2'2025)
Company most recent quarter revenue
Peak revenue
$27.5B (2014)
Company peak revenue
Revenue / employee
$1.5M
Company revenue / employee

Avnet historical revenue

Avnet's peak revenue was $27.5B in 2014. The peak quarterly revenue was $7.6B in 2015(q2).

Avnet's revenue increased from $16.2b in 2009 to $23.8B currently. That's a 46.38% change in annual revenue.

Avnet annual revenue

$27B
$21B
$16B
$11B
$5B
$0
2019
2020
2021
2022
2023
2024

Avnet annual revenue over time

Fiscal year / yearAvnet revenue
2009$16.2B
2010$19.2B
2011$26.5B
2012$25.7B
2013$25.5B
2014$27.5B
2015$17.7B
2016$16.7B
2017$17.4B
2018$19.0B
2019$19.5B
2020$17.6B
2021$19.5B
2022$24.3B
2023$26.5B
2024$23.8B

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Avnet annual growth

Avnet saw the greatest revenue growth in 2011, when revenue increased by 38.49%.

Avnet had the lowest revenue growth in 2015, when revenue changed by -35.8%.

Avnet annual growth rate over time

YearAvnet growth
2010
18%
2011
38%
2012
-3%
2013
-1%
2014
8%
2015
-36%
2016
-5%
2017
4%
2018
9%
2019
3%
2020
-10%
2021
11%
2022
24%
2023
9%
2024
-10%

Avnet quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$7B
$5B
$4B
$3B
$1B
$0
2021
2022
2023
2024
2025

Avnet quarterly growth rate over time

YearQ1Q2Q3Q4
2009---$3.8B
2010$4.4B$4.8B$4.8B$5.2B
2011$6.2B$6.8B$6.7B$6.9B
2012$6.4B$6.7B$6.3B$6.3B
2013$5.9B$6.7B$6.3B$6.6B
2014$6.3B$7.4B$6.7B$7.0B
2015$6.8B$7.6B$6.7B($3.5B)
2016$4.6B$4.2B$4.1B$4.0B
2017$4.1B$4.3B$4.4B$4.6B
2018$4.7B$4.5B$4.8B$5.1B
2019$5.1B$5.0B$4.7B$4.7B
2020$4.6B$4.5B$4.3B$4.2B
2021$4.7B$4.7B$4.9B$5.2B
2022$5.6B$5.9B$6.5B$6.4B
2023$6.8B$6.7B$6.5B$6.6B
2024$6.3B$6.2B$5.7B$5.6B
2025$5.6B$5.7B--

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Avnet financial information

CEOPhilip R. Gallagher
IndustryConsumer Durables & Apparel
Company TypePublic
Employees Number15,500
Date Founded1921
HeadquartersPhoenix, Arizona
Number of Locations30
Revenue$23.8B
Net Income$770,828,000
Gross Proft$2.8B (2024)
PE Ratio9.25
Tax Rate0.2%
Market Capitalization$4.6B
Total Assets$12,477,159,000
TickerAVT

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Avnet competitors

Avnet's top competitor, Dell, earned an annual revenue of $95.6B.

Avnet's smallest competitor is Jameco Electronics with revenue of $28.0M last year.

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Zippia gives an in-depth look into the details of Avnet, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Avnet. The employee data is based on information from people who have self-reported their past or current employments at Avnet. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Avnet. The data presented on this page does not represent the view of Avnet and its employees or that of Zippia.

Avnet may also be known as or be related to Avnet, Avnet Inc, Avnet, Inc. and Avnet. INC.