Aerovironment, Inc. income statement AVAV

In fiscal 2026, which ended Apr 30, 2026, Aerovironment, Inc. reported revenue of $2.0 billion, up 140.9% from the year before. It recorded a net loss of $265.1 million. The operating loss came to $311.0 million, an operating margin of -15.7%. Diluted earnings per share were -$5.40. Over the twelve months ended Aug 1, 2026, revenue was $2.0 billion and the net loss was $202.8 million. Across the 10 fiscal years shown, revenue grew from $228.9 million in fiscal 2017 to $2.0 billion in fiscal 2026, about 27.1% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line
FY 2027
Aug 1, 2026
FY 2026
Apr 30, 2026
FY 2025
Apr 30, 2025
FY 2024
Apr 30, 2024
FY 2023
Apr 30, 2023
FY 2022
Apr 30, 2022
FY 2020
Apr 30, 2021
FY 2019
Apr 30, 2020
FY 2019
Apr 30, 2019
FY 2018
Apr 30, 2018
FY 2017
Apr 30, 2017
Revenue
2,003
+84.4%
1,977
+140.9%
821
+14.5%
717
+32.6%
541
+21.3%
446
395
+25.7%
367
+35.5%
314
+15.9%
271
+18.4%
229
-2.1%
Cost of revenue
1,473
+95.4%
1,476
+194.1%
502
+16.0%
433
+17.9%
367
+20.5%
304
230
+23.9%
214
+32.1%
186
+14.6%
162
+21.2%
134
+4.4%
Gross profit
530
+59.5%
501
+57.1%
319
+12.2%
284
+63.6%
174
+22.9%
141
165
+28.2%
153
+42.2%
128
+19.2%
108
+11.2%
97
-8.2%
Research and development
119
+8.5%
128
+26.8%
101
+3.1%
98
+52.0%
64
+17.5%
55
54
+57.0%
46
+75.8%
34
+29.5%
26
-7.1%
28
-18.8%
Selling, general and administrative
423
+65.3%
443
+179.2%
159
+38.7%
114
-13.3%
132
+36.8%
96
67
+11.8%
59
+17.0%
60
+18.7%
51
+6.7%
48
-5.6%
Operating income
-253
-390.1%
-311
-862.3%
41
-43.2%
72
+140.2%
-179
-1707.0%
-10
43
+28.0%
47
+54.9%
34
+11.2%
30
+46.5%
21
+3.5%
Pretax income
-211
-238.4%
-288
-747.6%
45
-27.7%
62
+132.3%
-191
-1339.8%
-13
24
-48.7%
47
+50.6%
47
+48.5%
31
+39.7%
22
+22.1%
Income tax
-8
+47.5%
-23
-2714.4%
1
-53.4%
2
+112.9%
-15
-41.4%
-10
1
-88.4%
6
-40.3%
5
-52.6%
10
+106.0%
5
+59.5%
Net income
-203
-351.5%
-265
-707.8%
44
-26.9%
60
+133.9%
-176
-4109.5%
-4
23
-50.8%
41
+132.7%
47
+168.7%
18
+34.9%
13
Basic EPS
-4.07
-196.9%
-5.40
-446.2%
1.56
-28.8%
2.19
+131.1%
-7.04
-4041.2%
-0.17
0.97
-51.5%
1.73
+127.6%
2.00
+163.2%
0.76
+33.3%
0.57
+46.2%
Diluted EPS
-4.07
-197.6%
-5.40
-448.4%
1.55
-28.9%
2.18
+131.0%
-7.04
-4041.2%
-0.17
0.96
-51.3%
1.71
+128.0%
1.97
+162.7%
0.75
+33.9%
0.56
+43.6%
Weighted average shares, basic
50
+52.1%
49
+75.2%
28
+3.0%
27
+8.6%
25
+1.5%
25
24
+1.6%
24
+1.4%
24
+0.8%
23
+1.8%
23
+0.5%
Weighted average shares, diluted
50
+51.7%
49
+74.2%
28
+3.1%
27
+9.1%
25
+1.5%
25
24
+1.2%
24
+1.2%
24
+1.1%
24
+2.2%
23
+0.7%
Other measures
Depreciation and amortization
231
+88.6%
265
+546.5%
41
+14.7%
36
-64.3%
100
+64.4%
61
19
+151.2%
8
+28.2%
8
+28.2%
6
+18.4%
5
+31.1%
EBITDA
-22
-130.7%
-46
-156.2%
82
-24.0%
108
+236.7%
-79
-254.4%
51
63
+50.8%
55
+50.5%
41
+14.0%
36
+41.0%
26
+7.9%
Margins
Gross margin
26.47%
25.33%
38.83%
39.62%
32.10%
31.69%
41.67%
41.68%
40.86%
39.73%
42.31%
Operating margin
-12.61%
-15.73%
4.97%
10.02%
-33.05%
-2.22%
10.97%
12.83%
10.76%
11.23%
9.07%
Pretax margin
-10.55%
-14.58%
5.42%
8.59%
-35.30%
-2.97%
6.05%
12.85%
14.81%
11.56%
9.80%
Profit margin
-10.13%
-13.41%
5.32%
8.32%
-32.59%
-0.94%
5.91%
11.18%
15.09%
6.51%
5.71%
EBITDA margin
-1.09%
-2.32%
9.97%
15.01%
-14.55%
11.43%
15.85%
14.92%
13.20%
13.43%
11.28%
Effective tax rate
—
—
1.98%
3.07%
—
—
2.26%
12.39%
9.97%
31.28%
21.21%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

Company profile

Industry
Aircraft (SIC 3721)
Listed as
AVAV (Nasdaq)
Fiscal year ends
April 30
Incorporated in
DE
Headquarters
Arlington, VA
SEC filer status
Large accelerated filer
SEC CIK
1368622

Other Aircraft companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.