Forward-Looking Statements The information contained in this Presentation includes forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including Aviat's beliefs and expectations regarding outlook, business conditions, new product solutions, customer positioning, future orders, bookings, new contracts, cost structure, profitability in fiscal 2026, its recent acquisitions and acquisition strategy, process improvements, measu ...

Financial Performance & Guidance - Aviat Networks' LTM (Last Twelve Months) revenue is $453 million[7] - Q1 Fiscal Year 2026 revenue reached $107.3 million, a 21.4% increase compared to the same period last year[59, 62] - The company's Q1 Fiscal Year 2026 adjusted EBITDA was $9.1 million[59] - Aviat Networks anticipates revenue between $440 million and $460 million, and adjusted EBITDA between $45 million and $55 million for Fiscal Year 2026[62] Market & Product Portfolio - Aviat Networks operates in a total addressable market (TAM) of $11 billion[16] - The company's private LTE/5G market is projected to reach $8 billion by 2027[38] - Aviat estimates the USA rural broadband segment to be a ~$420 million TAM[49] - The global 5G transport market is projected to be $2.1 billion in CY2024[42] Market Dynamics - Mobile network data traffic is expected to grow at a 26% CAGR through 2028[38, 46] - Aviat Networks holds approximately 35% of the wireless transport share of demand for North American ISPs[48]

Company Overview - Aviat Networks is a leading provider of wireless transport and access solutions[4] - The company's last twelve months (LTM) revenue is $436 million[7] - Aviat Networks serves private networks (61%) and mobile networks (39%)[8] - The company has over 3,000 customers worldwide[10] Financial Performance (Q3 Fiscal Year 2025) - Revenue reached $112.6 million, a 1.6% increase compared to the same period last year[58] - Adjusted EBITDA was $14.9 million, up 17.3% compared to the same period last year[58] - Non-GAAP gross margin was 35.8%[55] Market Opportunity - Aviat Networks addresses an $11 billion total addressable market (TAM)[15] - The private LTE/5G market is projected to reach $8 billion by 2027[35] - The microwave radio market for global 5G transport is expected to grow at a 39% compound annual growth rate (CAGR) through calendar year 2025[35] Growth and Strategy - Aviat Networks has experienced a 13% revenue CAGR since calendar year 2019[15] - The company's operating model drives continuous improvement and successful acquisitions[15] - Aviat Networks estimates the USA rural broadband segment to be a ~$420 million TAM[45]