For the twelve months ended Aug 1, 2026, AeroVironment Inc. reported $2.00B of revenue and -$202.82M of net income.
AVAV revenue was $480.49M in fiscal Q1 2027 (ended Aug 1, 2026), up 5.7% from a year earlier and down 25.1% from the prior quarter. For the full fiscal 2026 it was $1.98B, up 140.9% from fiscal 2025. Compound annual growth was +38.0% over 5 years and +23.8% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.
AVAV net income was -$5.07M in fiscal Q1 2027 (ended Aug 1, 2026), compared with -$67.37M a year earlier. For the full fiscal 2026 it was -$265.12M, compared with $43.62M in fiscal 2025.
AVAV diluted EPS was -$0.10 in fiscal Q1 2027 (ended Aug 1, 2026), compared with -$1.44 a year earlier. For the full fiscal 2026 it was -$5.40.
AVAV free cash flow was -$30.54M in fiscal Q1 2027 (ended Aug 1, 2026), compared with -$146.45M a year earlier. For the full fiscal 2026 it was -$140.95M, compared with -$20.86M in fiscal 2025.
| Line item | Apr 30, 2026 | Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | Apr 30, 2019 | Apr 30, 2018 | Apr 30, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.98B | $820.63M | $716.72M | $540.54M | $445.73M | $394.91M | $367.30M | $314.27M | $268.42M | $233.10M |
| Cost of revenue | $1.48B | $501.99M | $432.79M | $367.02M | $304.50M | $230.35M | $214.19M | $185.87M | $160.74M | $136.23M |
| Gross profit | $500.64M | $318.64M | $283.93M | $173.51M | $141.24M | $164.56M | $153.10M | $128.40M | $107.69M | $96.87M |
| Research and development | $127.68M | $100.73M | $97.69M | $64.25M | $54.69M | $53.76M | $46.48M | $34.23M | $26.43M | $28.46M |
| Selling, general and admin | $443.25M | $158.75M | $114.42M | $131.91M | $96.43M | $67.48M | $59.49M | $60.34M | $50.83M | $47.64M |
| Operating income | -$311.00M | $40.80M | $71.82M | -$178.66M | -$9.89M | $43.31M | $47.13M | $33.83M | $30.43M | $20.77M |
| Pre-tax income | -$288.18M | $44.50M | $61.56M | -$190.83M | -$13.25M | $23.88M | $47.18M | $46.53M | $31.33M | $22.44M |
| Income tax | -$23.06M | $882.0K | $1.89M | -$14.66M | -$10.37M | $539.0K | $5.85M | $4.64M | $9.80M | $4.76M |
| Net income | -$265.12M | $43.62M | $59.67M | -$176.21M | -$4.19M | $23.33M | $41.07M | $47.44M | $17.86M | $13.10M |
| EPS, basic | -$5.40 | $1.56 | $2.19 | -$7.04 | -$0.17 | $0.97 | $1.73 | $2.00 | $0.76 | $0.57 |
| EPS, diluted | -$5.40 | $1.55 | $2.18 | -$7.04 | -$0.17 | $0.96 | $1.71 | $1.97 | $0.75 | $0.56 |
| Diluted shares | 49.1M | 28.2M | 27.3M | 25.0M | 24.7M | 24.4M | 24.1M | 24.1M | 23.8M | 23.3M |
| Line item | Apr 30, 2026 | Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | Apr 30, 2019 | Apr 30, 2018 | Apr 30, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $377.32M | $40.86M | $73.30M | $132.86M | $77.23M | $157.06M | $255.14M | $172.71M | $143.52M | $79.90M |
| Short-term investments | $254.97M | - | - | - | $24.72M | $31.97M | $47.51M | $150.49M | $113.65M | $119.97M |
| Receivables | $316.17M | $101.97M | $70.31M | $87.63M | $60.17M | $62.65M | $73.66M | $31.05M | $56.81M | $68.72M |
| Inventory | $312.86M | $144.09M | $150.17M | $138.81M | $90.63M | $71.65M | $45.53M | $54.06M | $37.42M | $40.91M |
| Current assets | $1.89B | $606.52M | $515.58M | $477.00M | $368.91M | $401.64M | $503.93M | $469.59M | $399.05M | $354.08M |
| Goodwill | $2.49B | $256.78M | $275.65M | $180.80M | $334.35M | $314.20M | $6.34M | - | - | $122.0K |
| Total assets | $5.72B | $1.12B | $1.02B | $824.58M | $914.20M | $928.57M | $584.95M | $508.84M | $473.42M | $432.50M |
| Current liabilities | $439.24M | $172.16M | $144.88M | $121.33M | $101.39M | $96.19M | $66.95M | $44.87M | $62.09M | $48.06M |
| Short-term debt | - | - | $10.00M | $7.50M | $10.00M | $10.00M | - | - | - | - |
| Long-term debt | $728.97M | $30.00M | $17.09M | $125.90M | $177.84M | $187.51M | - | - | - | - |
| Total debt | $728.97M | $30.00M | $27.09M | $133.40M | $187.84M | $197.51M | - | - | - | - |
| Total liabilities | $1.32B | $234.06M | $193.12M | $273.61M | $305.99M | $316.46M | $75.05M | $46.27M | $64.36M | $49.19M |
| Shareholders' equity | $4.40B | $886.51M | $822.75M | $550.97M | $608.21M | $612.11M | $509.90M | $462.57M | $409.06M | $383.31M |
| Line item | Apr 30, 2026 | Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | Apr 30, 2019 | Apr 30, 2018 | Apr 30, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$78.40M | -$1.32M | $15.29M | $11.40M | -$9.62M | $86.53M | $25.10M | $26.95M | $69.83M | -$8.25M |
| Capital expenditures | $62.54M | $19.55M | $22.98M | $14.87M | $22.29M | $11.26M | $11.22M | $8.90M | $9.56M | $9.02M |
| Free cash flow | -$140.95M | -$20.86M | -$7.69M | -$3.47M | -$31.91M | $75.27M | $13.88M | $18.05M | $60.27M | -$17.27M |
| Investing cash flow | -$1.23B | -$28.49M | -$51.71M | -$7.00M | -$52.29M | -$378.77M | $59.17M | $11.55M | -$6.40M | -$36.52M |
| Financing cash flow | $1.65B | -$2.86M | -$22.85M | $50.83M | -$16.61M | $194.16M | -$1.83M | -$1.18M | $2.02M | $3.47M |
| Stock-based compensation | $38.33M | $21.46M | $17.07M | $10.77M | $5.39M | $6.93M | $6.23M | $6.99M | $4.96M | $3.39M |
| Depreciation and amortization | $265.04M | $41.00M | $35.75M | $100.00M | $60.83M | $19.26M | $9.89M | $7.67M | $5.98M | $5.05M |
| Line item | Apr 30, 2026 | Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | Apr 30, 2019 | Apr 30, 2018 | Apr 30, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 140.9% | 14.5% | 32.6% | 21.3% | 12.9% | 7.5% | 16.9% | 17.1% | 15.2% | -0.3% |
| Net income growth, YoY | - | -26.9% | - | - | - | -43.2% | -13.4% | 165.6% | 36.4% | 46.1% |
| EPS growth, YoY | - | -28.9% | - | - | - | -43.9% | -13.2% | 162.7% | 33.9% | 43.6% |
| Gross margin | 25.3% | 38.8% | 39.6% | 32.1% | 31.7% | 41.7% | 41.7% | 40.9% | 40.1% | 41.6% |
| Operating margin | -15.7% | 5.0% | 10.0% | -33.1% | -2.2% | 11.0% | 12.8% | 10.8% | 11.3% | 8.9% |
| Net margin | -13.4% | 5.3% | 8.3% | -32.6% | -0.9% | 5.9% | 11.2% | 15.1% | 6.7% | 5.6% |
| Free cash flow margin | -7.1% | -2.5% | -1.1% | -0.6% | -7.2% | 19.1% | 3.8% | 5.7% | 22.5% | -7.4% |
| Return on equity | -6.0% | 4.9% | 7.3% | -32.0% | -0.7% | 3.8% | 8.1% | 10.3% | 4.4% | 3.4% |
| Return on assets | -4.6% | 3.9% | 5.9% | -21.4% | -0.5% | 2.5% | 7.0% | 9.3% | 3.8% | 3.0% |
| Current ratio | 4.30 | 3.52 | 3.56 | 3.93 | 3.64 | 4.18 | 7.53 | 10.47 | 6.43 | 7.37 |
| Debt to equity | 0.17 | 0.03 | 0.03 | 0.24 | 0.31 | 0.32 | - | - | - | - |
| Line item | Aug 1, 2026 | Apr 30, 2026 | Jan 31, 2026 | Nov 1, 2025 | Aug 2, 2025 | Apr 30, 2025 | Jan 25, 2025 | Oct 26, 2024 | Jul 27, 2024 | Apr 30, 2024 | Jan 27, 2024 | Oct 28, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $480.49M | $641.62M | $408.05M | $472.51M | $454.68M | $275.05M | $167.64M | $188.46M | $189.48M | $196.98M | $186.58M | $180.82M |
| Cost of revenue | $355.89M | $438.99M | $309.25M | $368.40M | $359.56M | $174.72M | $104.44M | $114.82M | $108.02M | $121.34M | $119.29M | $105.47M |
| Gross profit | $124.60M | $202.63M | $98.79M | $104.11M | $95.12M | $100.33M | $63.20M | $73.64M | $81.47M | $75.63M | $67.29M | $75.35M |
| Research and development | $23.96M | $31.46M | $27.11M | $35.99M | $33.11M | $24.90M | $22.50M | $28.72M | $24.61M | $35.07M | $25.13M | $22.02M |
| Selling, general and admin | $111.51M | $114.22M | $99.41M | $98.34M | $131.28M | $43.25M | $43.79M | $37.92M | $33.80M | $34.62M | $27.83M | $28.15M |
| Operating income | -$10.87M | $56.94M | -$268.44M | -$30.22M | -$69.27M | $13.82M | -$3.09M | $7.01M | $23.06M | $5.95M | $14.33M | $25.18M |
| Pre-tax income | -$7.33M | $81.89M | -$265.14M | -$20.60M | -$84.33M | $17.94M | -$2.36M | $6.33M | $22.59M | $2.73M | $15.22M | $20.37M |
| Income tax | -$397.0K | $16.03M | -$21.62M | -$2.31M | -$15.17M | $223.0K | -$605.0K | -$221.0K | $1.49M | -$1.82M | $1.26M | $1.14M |
| Net income | -$5.07M | $63.17M | -$243.82M | -$17.10M | -$67.37M | $16.66M | -$1.75M | $7.54M | $21.17M | $6.05M | $13.88M | $17.84M |
| EPS, basic | -$0.10 | $1.28 | -$4.90 | -$0.34 | -$1.44 | $0.59 | -$0.06 | $0.27 | $0.76 | $0.19 | $0.50 | $0.66 |
| EPS, diluted | -$0.10 | $1.28 | -$4.90 | -$0.34 | -$1.44 | $0.59 | -$0.06 | $0.27 | $0.75 | $0.18 | $0.50 | $0.66 |
| Diluted shares | 49.8M | - | 49.7M | 49.7M | 46.9M | - | 28.0M | 28.1M | 28.3M | - | 28.0M | 27.0M |
| Line item | Aug 1, 2026 | Apr 30, 2026 | Jan 31, 2026 | Nov 1, 2025 | Aug 2, 2025 | Apr 30, 2025 | Jan 25, 2025 | Oct 26, 2024 | Jul 27, 2024 | Apr 30, 2024 | Jan 27, 2024 | Oct 28, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $278.39M | $377.32M | $289.88M | $359.43M | $685.80M | $40.86M | $47.00M | $68.96M | $81.16M | $73.30M | $107.69M | $100.91M |
| Short-term investments | $301.84M | $254.97M | $297.26M | $229.05M | - | - | - | - | - | - | - | - |
| Receivables | $183.13M | $316.17M | $201.05M | $232.34M | $198.29M | $101.97M | $81.23M | $73.94M | $35.49M | $70.31M | $53.24M | $73.86M |
| Inventory | $410.77M | $312.86M | $299.28M | $259.21M | $232.89M | $144.09M | $147.97M | $139.70M | $143.84M | $150.17M | $161.38M | $181.77M |
| Current assets | $1.88B | $1.89B | $1.70B | $1.67B | $1.64B | $606.52M | $543.89M | $514.85M | $500.35M | $515.58M | $500.69M | $524.04M |
| Goodwill | $2.49B | $2.49B | $2.37B | $2.62B | $2.54B | $256.78M | $275.29M | $275.83M | $275.93M | $275.65M | $275.19M | $274.78M |
| Total assets | $5.73B | $5.72B | $5.36B | $5.64B | $5.62B | $1.12B | $1.05B | $1.02B | $999.17M | $1.02B | $980.30M | $1.01B |
| Current liabilities | $441.73M | $439.24M | $309.32M | $328.03M | $274.93M | $172.16M | $128.91M | $111.61M | $117.36M | $144.88M | $107.53M | $109.30M |
| Short-term debt | - | - | - | - | - | - | - | - | $10.00M | $10.00M | $7.50M | $5.00M |
| Long-term debt | $730.06M | $728.97M | $727.88M | $726.79M | $725.70M | $30.00M | $25.00M | $15.00M | $6.79M | $17.09M | $31.29M | $73.68M |
| Total debt | $730.06M | $728.97M | $727.88M | $726.79M | $725.70M | $30.00M | $25.00M | $15.00M | $16.79M | $27.09M | $38.79M | $78.68M |
| Total liabilities | $1.33B | $1.32B | $1.18B | $1.22B | $1.20B | $234.06M | $187.09M | $160.69M | $153.63M | $193.12M | $167.31M | $212.97M |
| Shareholders' equity | $4.40B | $4.40B | $4.18B | $4.42B | $4.43B | $886.51M | $861.05M | $858.40M | $845.54M | $822.75M | $812.99M | $793.73M |
| Line item | Aug 1, 2026 | Apr 30, 2026 | Jan 31, 2026 | Nov 1, 2025 | Aug 2, 2025 | Apr 30, 2025 | Jan 25, 2025 | Oct 26, 2024 | Jul 27, 2024 | Apr 30, 2024 | Jan 27, 2024 | Oct 28, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $13.50M | $95.51M | -$5.11M | -$45.08M | -$123.73M | -$264.0K | -$25.76M | -$3.64M | $28.35M | -$11.67M | $52.55M | -$8.53M |
| Capital expenditures | $44.03M | $16.41M | $12.60M | $10.81M | $22.73M | $5.25M | $3.85M | $5.02M | $5.43M | $9.08M | $3.80M | $6.47M |
| Free cash flow | -$30.54M | $79.10M | -$17.70M | -$55.89M | -$146.45M | -$5.52M | -$29.61M | -$8.66M | $22.92M | -$20.75M | $48.76M | -$15.00M |
| Investing cash flow | -$108.24M | -$7.75M | -$67.20M | -$281.07M | -$876.65M | -$11.89M | -$4.97M | -$5.02M | -$6.61M | -$10.28M | -$3.80M | -$34.00M |
| Financing cash flow | -$4.09M | -$32.0K | $1.89M | -$118.0K | $1.65B | $5.53M | $9.08M | -$3.52M | -$13.95M | -$12.23M | -$42.16M | $37.86M |
| Stock-based compensation | $4.93M | $10.27M | $8.07M | $8.57M | $11.43M | $5.94M | $5.38M | $5.60M | $4.54M | $4.64M | $4.18M | $5.04M |
| Depreciation and amortization | $56.03M | $62.08M | $54.63M | $58.08M | $90.25M | $13.85M | $9.29M | $9.00M | $8.85M | $10.78M | $9.58M | $8.44M |
| Line item | Aug 1, 2026 | Apr 30, 2026 | Jan 31, 2026 | Nov 1, 2025 | Aug 2, 2025 | Apr 30, 2025 | Jan 25, 2025 | Oct 26, 2024 | Jul 27, 2024 | Apr 30, 2024 | Jan 27, 2024 | Oct 28, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 5.7% | 133.3% | 143.4% | 150.7% | 140.0% | 39.6% | -10.2% | 4.2% | 24.4% | 5.9% | 38.8% | 62.0% |
| Net income growth, YoY | - | 279.1% | - | - | - | 175.6% | - | -57.7% | -3.3% | - | - | - |
| EPS growth, YoY | - | - | - | - | - | 227.8% | - | -59.1% | -10.7% | - | - | - |
| Gross margin | 25.9% | 31.6% | 24.2% | 22.0% | 20.9% | 36.5% | 37.7% | 39.1% | 43.0% | 38.4% | 36.1% | 41.7% |
| Operating margin | -2.3% | 8.9% | -65.8% | -6.4% | -15.2% | 5.0% | -1.8% | 3.7% | 12.2% | 3.0% | 7.7% | 13.9% |
| Net margin | -1.1% | 9.8% | -59.8% | -3.6% | -14.8% | 6.1% | -1.0% | 4.0% | 11.2% | 3.1% | 7.4% | 9.9% |
| Free cash flow margin | -6.4% | 12.3% | -4.3% | -11.8% | -32.2% | -2.0% | -17.7% | -4.6% | 12.1% | -10.5% | 26.1% | -8.3% |
| Current ratio | 4.26 | 4.30 | 5.51 | 5.08 | 5.96 | 3.52 | 4.22 | 4.61 | 4.26 | 3.56 | 4.66 | 4.79 |
| Debt to equity | 0.17 | 0.17 | 0.17 | 0.16 | 0.16 | 0.03 | 0.03 | 0.02 | 0.02 | 0.03 | 0.05 | 0.10 |
Source: XBRL data AeroVironment Inc. files with the SEC, latest filing dated Sep 10, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| AVAV | $2.00B | +84.4% | -$202.82M | -10.1% | $6.45B |
| RTX | $95.99B | +11.6% | $8.40B | 8.8% | $264.91B |
| BA | $94.91B | +17.5% | $7.66B | 8.1% | $136.60B |
| HON | $33.61B | +3.9% | $7.05B | 21.0% | $72.68B |
| HEI | $5.18B | +20.7% | $847.72M | 16.4% | $47.90B |
| TXT | $15.45B | +8.5% | $973.00M | 6.3% | $14.47B |
| PAC | MXN 41.41B | +23.2% | MXN 9.57B | 23.1% | $14.05B |
| EMBJ | $7.58B | +18.5% | $351.90M | 4.6% | $13.93B |