Avnet

Phoenix, United States Founded: 1921 • Age: 105 yrs
Electronic components and embedded technologies are distributed globally.
Annual revenue $22.2B Latest available
Total funding - 1 rounds
Employees 14870 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Avnet

Avnet is a company based in Phoenix (United States) founded in 1921. The company has 14,870 employees as of June 30, 2025. Avnet has completed 20 acquisitions, including Abacus Group, Avnet Services and Bell Microproducts. Avnet offers products and services including Potatoes and Grain Marketing.

  • Headquarter Phoenix, United States
  • Employees 14870 as on 30 Jun, 2025
  • Stage Public
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Avnet, Inc.
Operational Areas
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $22.2 B (USD)
    -6.55
    as on Jun 30, 2025
  • Net Profit
    $240.22 M (USD)
    -51.83
    as on Jun 30, 2025
  • EBITDA
    $747.76 M (USD)
    -27.92
    as on Jun 30, 2025
  • Latest Funding Round
    $1.93 M (USD), Post-IPO

    Apr 13, 2019

  • Investors
  • Employee Count
    14870

    as on Jun 30, 2025

  • Investments & Acquisitions
    Abacus Group

    & 19 more

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IPO & Listings of Avnet

Avnet is a publicly listed company on the NASDAQ with ticker symbol AVT in USA, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: AVT · Sector: Distribution services · USA

Products & Services of Avnet

Avnet offers a comprehensive portfolio of products and services, including Potatoes and Grain Marketing.

Product name locked
Category locked
Primary

Potatoes are farmed and sold for food and industrial uses by the company.

Product name locked
Category locked
Locked

Grains are promoted and distributed from farms through these services.

People of Avnet

Headcount 10000+
Employee Profiles 205
Board Members and Advisors 9
Employee Profiles
People
Tracy S.
Systems Administrator IV
People
Michelle Snow
Instructional Designer
People
Carol Otto
Sr. Product Manager
People
Angela Boyle
Ui/ux Specialist

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Board Members and Advisors
people
Adalio T. Sanchez
Director
people
Jo Ann Jenkins
Director
people
Oleg Khaykin
Director
people
Avid Modjtabai
Director

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Funding Insights of Avnet

Investors in Avnet

Avnet has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Cipher Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Cipher Capital is engaged in investment management using quantitative methods.
Locked Locked Locked
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Investor details for Avnet

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Avnet

Avnet has strategically engaged in corporate development activities, having acquired 20 companies. Notable acquisitions include Abacus Group, Avnet Services and Bell Microproducts.

Investments
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Investment portfolio details for Avnet

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Social community platform for learning about hardware
Locked Locked 2013 Locked
Provider of E-waste recycling services
Locked Locked 2009 Locked
Managed IT and cybersecurity services are provided for financial firms.
Locked Locked 2008 Locked
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Complete acquisition details for Avnet

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - Avnet

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Detailed financials for Avnet

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Avnet Comparisons

Avnet Primary company
Description
Electronic components and embedded technologies are distribu...
Location
Phoenix, United States
Founded Year
1921
Annual Revenue
$22.2 B (USD)
Net Profit
$240.22 M (USD)
EBITDA
$747.76 M (USD)
Employees
14,870
As of 2025
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Peer comparison for Avnet

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
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Competitors of Avnet

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Detailed competitors of Avnet

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Avnet

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Complete news archive for Avnet

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Avnet

Avnet was founded in 1921 and raised its 1st funding round 98 years after it was founded.

Avnet is headquartered in Phoenix, United States. It is registered at Phoenix, Arizona, United States.

As of Jun 30, 2025, the latest employee count at Avnet is 14,870.

Annual revenue of Avnet is $22.2B as on Jun 30, 2025.

Avnet is a global distributor of electronic components, computer products, and embedded technology. Serving customers in more than 115 countries. Its branch Avnet technology solution is a global IT solution provider and distributes computing solutions for healthcare, education, and government. It serves customers and suppliers in North America, Latin America and the Caribbean, Asia Pacific, and Europe, Middle East and Africa. In 2022, the company recorded annual revenues of 26.36B and a net profit of 0.86B.

Avnet offers Potatoes and Grain Marketing.

Yes, Avnet is publicly traded on NASDAQ under the ticker symbol AVT.

Avnet has made 20 acquisitions, including Abacus Group, Avnet Services, and Bell Microproducts.

Avnet has 1 investor. Key investors include Cipher Capital.

The ticker symbol of Avnet is AVT on NASDAQ.

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