Avid Technology Net Income

Avid Technology's net income stands at $13M as of September 2023. That compares with $45M in the prior-year period — down 71.3% year over year. That is below the Technology sector average of $10T. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Avid Technology reported $13M in net income versus $45M a year earlier — a 71.3% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

Avid Technology sits lower the Technology benchmark ($10T) with a net income of $13M. That is roughly 100.0% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

That compares with $45M in the prior-year period — down 71.3% year over year. Sustained growth in net income can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.

The history chart shows how Avid Technology's net income evolved across reporting periods, while the comparison chart places AVID next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.