Aerovironment, Inc. income statement AVAV

In Q1 of fiscal 2027, the quarter ended Aug 1, 2026, Aerovironment, Inc. reported revenue of $480.5 million, up 5.7% from the same quarter a year earlier. It recorded a net loss of $5.1 million. The operating loss came to $10.9 million, an operating margin of -2.3%. Diluted earnings per share were -$0.10.

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

Line
TTM
Aug 1, 2026
Q1 FY2027
Aug 1, 2026
Q4 FY2026
Apr 30, 2026
Q3 FY2026
Jan 31, 2026
Q2 FY2026
Nov 1, 2025
Q1 FY2026
Aug 2, 2025
Q4 FY2025
Apr 30, 2025
Q3 FY2025
Jan 25, 2025
Q2 FY2025
Oct 26, 2024
Revenue
2,003
+84.4%
480
+5.7%
642
+133.3%
408
+143.4%
473
+150.7%
455
+140.0%
275
168
188
Cost of revenue
1,473
+95.4%
356
-1.0%
439
+151.3%
309
+196.1%
368
+220.9%
360
+232.9%
175
104
115
Gross profit
530
+59.5%
125
+31.0%
203
+102.0%
99
+56.3%
104
+41.4%
95
+16.8%
100
63
74
Research and development
119
+8.5%
24
-27.6%
31
+26.3%
27
+20.5%
36
+25.3%
33
+34.5%
25
22
29
Selling, general and administrative
423
+65.3%
112
-15.1%
114
+164.1%
99
+127.0%
98
+159.4%
131
+288.4%
43
44
38
Operating expenses
—
135
-17.6%
146
—
134
+101.6%
164
+181.5%
—
66
67
Operating income
-253
-390.1%
-11
+84.3%
57
+312.1%
-268
-8595.8%
-30
-531.4%
-69
-400.4%
14
-3
7
Pretax income
-211
-238.4%
-7
+91.3%
82
+356.4%
-265
-11139.7%
-21
-425.4%
-84
-473.4%
18
-2
6
Equity in earnings of affiliates
—
2
—
—
—
—
—
—
—
Income tax
-8
+47.5%
-0
+97.4%
16
+7088.8%
-22
-3472.9%
-2
-943.0%
-15
-1121.5%
0
-1
-0
Net income
-203
-351.5%
-5
+92.5%
63
+279.1%
-244
-13801.0%
-17
-326.7%
-67
-418.3%
17
-2
8
Basic EPS
-4.07
-196.9%
-0.10
+93.1%
1.26
+112.4%
-4.90
-8066.7%
-0.34
-225.9%
-1.44
-289.5%
0.59
-0.06
0.27
Diluted EPS
-4.07
-197.6%
-0.10
+93.1%
1.26
+113.3%
-4.90
-8066.7%
-0.34
-225.9%
-1.44
-292.0%
0.59
-0.06
0.27
Weighted average shares, basic
50
+52.1%
50
+6.3%
50
+78.5%
50
+77.4%
50
+77.5%
47
+67.7%
28
28
28
Weighted average shares, diluted
50
+51.7%
50
+6.3%
50
+77.8%
50
+77.4%
50
+76.7%
47
+65.8%
28
28
28
Other measures
Depreciation and amortization
231
+88.6%
56
-37.9%
62
+348.1%
55
+488.1%
58
+545.1%
90
+919.6%
14
9
9
EBITDA
-22
-130.7%
45
+115.2%
119
+330.1%
-214
-3546.8%
28
+74.0%
21
-34.2%
28
6
16
Margins
Gross margin
26.47%
25.93%
31.58%
24.21%
22.03%
20.92%
36.48%
37.70%
39.07%
Operating margin
-12.61%
-2.26%
8.87%
-65.79%
-6.40%
-15.24%
5.02%
-1.84%
3.72%
Pretax margin
-10.55%
-1.53%
12.76%
-64.98%
-4.36%
-18.55%
6.52%
-1.41%
3.36%
Profit margin
-10.13%
-1.05%
9.85%
-59.75%
-3.62%
-14.82%
6.06%
-1.05%
4.00%
EBITDA margin
-1.09%
9.40%
18.55%
-52.40%
5.89%
4.61%
10.06%
3.70%
8.49%
Effective tax rate
—
—
19.58%
—
—
—
1.24%
—
-3.49%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. 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.