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AeroVironment, Inc.(AVAV)Earnings, Financials & Key Ratios
AVAV•NASDAQ
$166.69
$8.32B mkt cap·107.5× P/E·Price updated May 6, 2026
AboutAeroVironment, Inc. designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates through four segments: Unmanned Aircraft Systems (UAS), Tactical Missile System (TMS), Medium Unmanned Aircraft Systems (MUAS), and High Altitude Pseudo-Satellite Systems (HAPS). The company supplies UAS, TMS, unmanned ground vehicle, and related services primarily to organizations within the U.S. Department of Defense and to international allied governments. It also designs, engineers, tools, and manufactures unmanned aerial and aircraft systems, including airborne platforms, payloads and payload integration, ground control systems, and ground support equipment and other items and services related to unmanned aircraft systems. In addition, the company offers small UAS products, including spare equipment, alternative payload modules, batteries, chargers, repair services, and customer support, as well as multiple aircraft, hand-held ground control system, and spare parts and accessories. Further, it develops high-altitude pseudo-satellite UAS systems. The company was incorporated in 1971 and is headquartered in Arlington, Virginia.Show more
- Revenue$821M+14.5%
- EBITDA$82M-24.0%
- Net Income$44M-26.9%
- EPS (Diluted)1.55-28.9%
- Gross Margin39.35%-0.7%
- EBITDA Margin9.97%-33.6%
- Operating Margin4.97%-50.4%
- Net Margin5.32%-36.2%
- ROE5.1%-41.2%
- ROIC3.56%-54.1%
- Debt/Equity0.07
- Interest Coverage18.64+9.5%
AVAV Key Insights
AeroVironment, Inc. (AVAV) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Strong 5Y sales CAGR of 17.4%
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 11 (bottom 11%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
AVAV Price & Volume
AeroVironment, Inc. (AVAV) stock price & volume — 10-year historical chart
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AVAV Growth Metrics
AeroVironment, Inc. (AVAV) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years12.21%
5 Years17.44%
3 Years22.56%
TTM116.86%
Profit CAGR
10 Years31.16%
5 Years1.21%
3 Years-
TTM-779.86%
EPS CAGR
10 Years28.13%
5 Years-2.06%
3 Years-
TTM-548.31%
Return on Capital
10 Years3.14%
5 Years-0.95%
3 Years-3.32%
Last Year4.48%
AVAV Recent Earnings
AeroVironment, Inc. (AVAV) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
Mar 10, 2026EPS
$0.64
Est $0.68
-5.6%
Revenue
$408M
Est $476M
-14.2%
Q4 2025
Dec 9, 2025EPS
$0.44
Est $0.78
-43.3%
Revenue
$473M
Est $470M
+0.6%
Q4 2025
Sep 9, 2025EPS
$0.32
Est $0.37
-12.4%
Revenue
$455M
Est $438M
+3.9%
Q3 2025
Jun 24, 2025EPS
$1.61
Est $1.38
+16.7%
Revenue
$275M
Est $242M
+13.9%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 10, 2026 | $0.64vs $0.68-5.6% | $408Mvs $476M-14.2% |
| Q4 2025 | Dec 9, 2025 | $0.44vs $0.78-43.3% | $473Mvs $470M+0.6% |
| Q4 2025 | Sep 9, 2025 | $0.32vs $0.37-12.4% | $455Mvs $438M+3.9% |
| Q3 2025 | Jun 24, 2025 | $1.61vs $1.38+16.7% | $275Mvs $242M+13.9% |
Based on last 12 quarters of dataView full earnings history →
AVAV Peer Comparison
AeroVironment, Inc. (AVAV) competitors in Drones, Autonomy and eVTOL — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 KTOS | 10.02B | 59.31 | 456.23 | 18.52% | 1.63% | 1.1% | 0.09 | |
 RCAT | 1.03B | 10.43 | -17.38 | 459.81% | -227.71% | -33.59% | 0.07 | |
 JOBY | 8.53B | 8.68 | -7.68 | 391.83% | -17.4% | -91.52% | 0.04 | |
 ACHR | 4.35B | 5.84 | -5.90 | -2060.67% | -37.76% | 0.02 | ||
 LHX | 56.53B | 302.65 | 35.48 | 2.53% | 7.71% | 8.87% | 4.74% | 0.53 |
 TDY | 29.27B | 631.87 | 33.47 | 7.86% | 15.15% | 8.94% | 3.67% | 0.25 |
 HII | 12.84B | 326.13 | 21.19 | 8.23% | 4.71% | 12.05% | 6.18% | 0.62 |
 LDOS | 17.34B | 137.19 | 12.33 | 3.07% | 8.2% | 28.87% | 9.37% | 1.19 |
Compare AVAV vs Peers
AeroVironment, Inc. (AVAV) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AVAV Income Statement
AeroVironment, Inc. (AVAV) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Apr'17 | Apr'18 | Apr'19 | Apr'20 | Apr'21 | Apr'22 | Apr'23 | Apr'24 | Apr'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 233.1M | 268.42M | 314.27M | 367.3M | 394.91M | 445.73M | 540.54M | 716.72M | 820.63M | 1.61B |
| Revenue Growth % | -0.27% | 15.15% | 17.08% | 16.87% | 7.52% | 12.87% | 21.27% | 32.59% | 14.5% | 116.86% |
| Cost of Goods Sold | 135.68M | 160.74M | 185.87M | 214.19M | 230.35M | 304.5M | 367.02M | 432.79M | 497.69M | 1.23B |
| COGS % of Revenue | 58.2% | 59.88% | 59.14% | 58.32% | 58.33% | 68.31% | 67.9% | 60.38% | 60.65% | - |
| Gross Profit | 97.43M▲ 0% | 107.69M▲ 10.5% | 128.4M▲ 19.2% | 153.1M▲ 19.2% | 164.56M▲ 7.5% | 141.24M▼ 14.2% | 173.51M▲ 22.9% | 283.93M▲ 63.6% | 322.94M▲ 13.7% | 351.34M▲ 0% |
| Gross Margin % | 41.8% | 40.12% | 40.86% | 41.68% | 41.67% | 31.69% | 32.1% | 39.62% | 39.35% | 21.82% |
| Gross Profit Growth % | -7.98% | 10.53% | 19.24% | 19.24% | 7.48% | -14.17% | 22.85% | 63.64% | 13.74% | - |
| Operating Expenses | 76.66M | 77.26M | 94.58M | 105.97M | 121.25M | 151.12M | 352.18M | 212.11M | 282.14M | 485.71M |
| OpEx % of Revenue | 32.89% | 28.78% | 30.09% | 28.85% | 30.7% | 33.9% | 65.15% | 29.59% | 34.38% | - |
| Selling, General & Admin | 46.86M | 49.8M | 55.95M | 60.32M | 60.51M | 95.5M | 97.32M | 112.55M | 158.82M | 372.26M |
| SG&A % of Revenue | 20.1% | 18.55% | 17.8% | 16.42% | 15.32% | 21.42% | 18% | 15.7% | 19.35% | - |
| Research & Development | 58.23M | 67.48M | 94.99M | 54.58M | 105.16M | 113.74M | 134.97M | 159.87M | 158.76M | 179.15M |
| R&D % of Revenue | 24.98% | 25.14% | 30.23% | 14.86% | 26.63% | 25.52% | 24.97% | 22.31% | 19.35% | - |
| Other Operating Expenses | -28.42M | -40.02M | -56.36M | -8.93M | -44.43M | -58.12M | 119.89M | -60.31M | -35.44M | -2.03M |
| Operating Income | 20.77M▲ 0% | 30.43M▲ 46.5% | 33.83M▲ 11.2% | 47.13M▲ 39.3% | 43.31M▼ 8.1% | -9.89M▼ 122.8% | -178.66M▼ 1707.0% | 71.82M▲ 140.2% | 40.8M▼ 43.2% | -134.37M▲ 0% |
| Operating Margin % | 8.91% | 11.34% | 10.76% | 12.83% | 10.97% | -2.22% | -33.05% | 10.02% | 4.97% | -8.34% |
| Operating Income Growth % | 3.46% | 46.52% | 11.17% | 39.35% | -8.11% | -122.83% | -1707.05% | 140.2% | -43.2% | - |
| EBITDA | 25.82M | 36.41M | 41.49M | 57.02M | 62.58M | 50.94M | -129.41M | 107.57M | 81.79M | 82.41M |
| EBITDA Margin % | 11.08% | 13.56% | 13.2% | 15.53% | 15.85% | 11.43% | -23.94% | 15.01% | 9.97% | 5.12% |
| EBITDA Growth % | 7.92% | 41.01% | 13.97% | 37.42% | 9.74% | -18.6% | -354.05% | 183.13% | -23.97% | 16.32% |
| D&A (Non-Cash Add-back) | 5.05M | 5.98M | 7.67M | 9.89M | 19.26M | 60.83M | 49.25M | 35.75M | 41M | 216.78M |
| EBIT | 22.1M | 31.45M | 38.22M | 46.3M | 50.28M | -8.95M | 11.94M | 73.7M | 63.39M | -110.36M |
| Net Interest Income | 1.62M | 2.24M | 4.67M | 4.83M | -618K | -5.44M | -9.37M | -4.22M | -2.19M | -10.06M |
| Interest Income | 1.62M | 2.24M | 4.67M | 4.83M | 0 | 0 | 0 | 0 | 0 | 8.37M |
| Interest Expense | 0 | 0 | 0 | 0 | 618K | 5.44M | 9.37M | 4.22M | 2.19M | 18.43M |
| Other Income/Expense | 1.67M | 908K | 12.71M | 48K | -19.43M | -4.67M | -12.17M | -10.27M | 3.71M | -126.72M |
| Pretax Income | 22.44M▲ 0% | 31.33M▲ 39.7% | 46.53M▲ 48.5% | 47.18M▲ 1.4% | 23.88M▼ 49.4% | -14.55M▼ 160.9% | -190.83M▼ 1211.2% | 61.56M▲ 132.3% | 44.5M▼ 27.7% | -261.1M▲ 0% |
| Pretax Margin % | 9.63% | 11.67% | 14.81% | 12.85% | 6.05% | -3.27% | -35.3% | 8.59% | 5.42% | -16.21% |
| Income Tax | 4.76M | 9.8M | 4.64M | 5.85M | 539K | -10.37M | -14.66M | 1.89M | 882K | -36.74M |
| Effective Tax Rate % | 21.21% | 31.28% | 9.97% | 12.39% | 2.26% | 71.25% | 7.68% | 3.07% | 1.98% | 14.07% |
| Net Income | 13.1M▲ 0% | 17.86M▲ 36.4% | 47.44M▲ 165.6% | 41.07M▼ 13.4% | 23.33M▼ 43.2% | -4.19M▼ 118.0% | -176.21M▼ 4107.5% | 59.67M▲ 133.9% | 43.62M▼ 26.9% | -224.36M▲ 0% |
| Net Margin % | 5.62% | 6.65% | 15.09% | 11.18% | 5.91% | -0.94% | -32.6% | 8.32% | 5.32% | -13.93% |
| Net Income Growth % | 46.11% | 36.36% | 165.57% | -13.42% | -43.2% | -117.95% | -4107.55% | 133.86% | -26.89% | -779.86% |
| Net Income (Continuing) | 17.68M | 21.53M | 41.89M | 41.34M | 23.34M | -4.18M | -176.17M | 59.67M | 43.62M | -224.36M |
| Discontinued Operations | -4.6M | -3.89M | 5.53M | -265K | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 239K | 23K | 4K | 0 | 14K | 241K | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.56▲ 0% | 0.84▲ 50.0% | 1.97▲ 134.5% | 1.72▼ 12.7% | 1.39▼ 19.2% | -0.36▼ 125.9% | -6.94▼ 1827.8% | 2.18▲ 131.4% | 1.55▼ 28.9% | -4.60▲ 0% |
| EPS Growth % | 43.59% | 50% | 134.52% | -12.69% | -19.19% | -125.9% | -1827.78% | 131.41% | -28.9% | -548.31% |
| EPS (Basic) | 0.57 | 0.86 | 2.00 | 1.74 | 1.41 | -0.36 | -6.94 | 2.19 | 1.56 | - |
| Diluted Shares Outstanding | 23.31M | 23.81M | 24.07M | 24.09M | 24.36M | 24.69M | 25.04M | 27.33M | 28.17M | 48.76M |
| Basic Shares Outstanding | 23.06M | 23.47M | 23.66M | 23.81M | 24.05M | 24.69M | 25.04M | 27.2M | 28.02M | 48.76M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
AVAV Balance Sheet
AeroVironment, Inc. (AVAV) balance sheet — assets, liabilities & shareholders' equity
| Line item | Apr'17 | Apr'18 | Apr'19 | Apr'20 | Apr'21 | Apr'22 | Apr'23 | Apr'24 | Apr'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 354.08M | 399.15M | 469.59M | 503.93M | 401.64M | 368.91M | 477M | 515.58M | 606.52M | 1.7B |
| Cash & Short-Term Investments | 199.88M | 257.17M | 323.19M | 302.65M | 180.71M | 101.95M | 132.86M | 73.3M | 40.86M | 587.14M |
| Cash Only | 79.9M | 143.52M | 172.71M | 255.14M | 148.74M | 77.23M | 132.86M | 73.3M | 40.86M | 289.88M |
| Short-Term Investments | 119.97M | 113.65M | 150.49M | 47.51M | 31.97M | 24.72M | 0 | 0 | 0 | 297.26M |
| Accounts Receivable | 82.84M | 73.69M | 84.92M | 149.5M | 134.28M | 164.81M | 193.29M | 269.78M | 392.6M | 772.63M |
| Days Sales Outstanding | 129.71 | 100.2 | 98.63 | 148.56 | 124.11 | 134.96 | 130.52 | 137.39 | 174.62 | 147.32 |
| Inventory | 60.08M | 38.64M | 54.06M | 45.53M | 71.65M | 90.63M | 138.81M | 150.17M | 144.09M | 299.28M |
| Days Inventory Outstanding | 161.62 | 87.74 | 106.15 | 77.59 | 113.52 | 108.64 | 138.05 | 126.65 | 105.67 | 69.42 |
| Other Current Assets | 24.93M | 25.67M | 0 | 0 | 0 | 0 | 12.04M | 22.33M | 28.97M | 45.2M |
| Total Non-Current Assets | 78.42M | 74.37M | 39.26M | 81.03M | 526.93M | 545.29M | 347.57M | 500.28M | 514.05M | 3.75B |
| Property, Plant & Equipment | 19.22M | 19.22M | 16.91M | 30.49M | 81.8M | 89.06M | 67.16M | 76.64M | 82.58M | 250.68M |
| Fixed Asset Turnover | 12.13x | 13.97x | 18.59x | 12.05x | 4.83x | 5.00x | 8.05x | 9.35x | 9.94x | 7.76x |
| Goodwill | 0 | 0 | 0 | 6.34M | 314.2M | 334.35M | 180.8M | 275.65M | 256.78M | 2.46B |
| Intangible Assets | 1.82M | 628K | 459K | 13.64M | 106.27M | 97.22M | 43.58M | 72.22M | 48.71M | 925.92M |
| Long-Term Investments | 42.1M | 40.66M | 9.39M | 15.03M | 12.16M | 15.43M | 23.61M | 20.96M | 31.63M | 210.52M |
| Other Non-Current Assets | 187K | 2.37M | 5.82M | 10.61M | 10.44M | 1.93M | 5.22M | 13.51M | 32.89M | 51.62M |
| Total Assets | 432.5M▲ 0% | 473.42M▲ 9.5% | 508.84M▲ 7.5% | 584.95M▲ 15.0% | 928.57M▲ 58.7% | 914.2M▼ 1.5% | 824.58M▼ 9.8% | 1.02B▲ 23.2% | 1.12B▲ 10.3% | 5.45B▲ 0% |
| Asset Turnover | 0.54x | 0.57x | 0.62x | 0.63x | 0.43x | 0.49x | 0.66x | 0.71x | 0.73x | 0.36x |
| Asset Growth % | 5.32% | 9.46% | 7.48% | 14.96% | 58.74% | -1.55% | -9.8% | 23.2% | 10.31% | 1346.78% |
| Total Current Liabilities | 48.06M | 62.09M | 44.87M | 66.95M | 96.19M | 101.39M | 121.33M | 144.88M | 172.16M | 309.32M |
| Accounts Payable | 15.9M | 21.34M | 15.97M | 19.86M | 24.84M | 19.24M | 31.36M | 48.3M | 72.46M | 109.63M |
| Days Payables Outstanding | 42.76 | 48.46 | 31.36 | 33.84 | 39.36 | 23.07 | 31.18 | 40.73 | 53.14 | 29.14 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 10M | 10M | 7.5M | 10M | 0 | 15.57M |
| Deferred Revenue (Current) | 2.06M | 2.15M | 2.96M | 7.9M | 7.18M | 8.97M | 16.64M | 11.19M | 15.95M | 215.93M |
| Other Current Liabilities | 12.19M | 16.21M | 7.42M | 10.78M | 19.08M | 30.2M | 19.63M | 17.07M | 28.66M | 116.25M |
| Current Ratio | 7.37x | 6.43x | 10.47x | 7.53x | 4.18x | 3.64x | 3.93x | 3.56x | 3.52x | 3.52x |
| Quick Ratio | 6.12x | 5.81x | 9.26x | 6.85x | 3.43x | 2.74x | 2.79x | 2.52x | 2.69x | 2.69x |
| Cash Conversion Cycle | 248.56 | 139.48 | 173.41 | 192.32 | 198.27 | 220.53 | 237.38 | 223.3 | 227.15 | 187.59 |
| Total Non-Current Liabilities | 2.24M | 2.27M | 1.4M | 8.1M | 220.27M | 204.6M | 152.27M | 48.24M | 61.9M | 872.13M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 187.51M | 177.84M | 125.9M | 17.09M | 30M | 810.44M |
| Capital Lease Obligations | 161K | 0 | 0 | 6.83M | 19.1M | 21.91M | 21.19M | 22.75M | 23.81M | 296.46M |
| Deferred Tax Liabilities | 116K | 67K | 29K | 0 | 0 | 2.63M | 1.73M | 664K | 0 | 227.82M |
| Other Non-Current Liabilities | 1.97M | 2.21M | 1.37M | 1.27M | 13.66M | 2.22M | 3.45M | 7.74M | 8.09M | 32.28M |
| Total Liabilities | 50.31M | 64.36M | 46.27M | 75.05M | 316.46M | 305.99M | 273.61M | 193.12M | 234.06M | 1.18B |
| Total Debt | 161K | 161K | 0 | 10.21M | 222.77M | 216.57M | 162.82M | 59.68M | 64.29M | 826.01M |
| Net Debt | -79.74M | -143.52M | -172.71M | -244.93M | 74.03M | 139.34M | 29.96M | -13.62M | 23.43M | 536.13M |
| Debt / Equity | 0.00x | 0.00x | - | 0.02x | 0.36x | 0.36x | 0.30x | 0.07x | 0.07x | 0.07x |
| Debt / EBITDA | 0.01x | 0.00x | - | 0.18x | 3.56x | 4.25x | - | 0.55x | 0.79x | 10.02x |
| Net Debt / EBITDA | -3.09x | -3.94x | -4.16x | -4.30x | 1.18x | 2.74x | - | -0.13x | 0.29x | 0.29x |
| Interest Coverage | - | - | - | - | 70.09x | -1.82x | -19.07x | 17.02x | 18.64x | -5.99x |
| Total Equity | 382.19M▲ 0% | 410.14M▲ 7.3% | 462.57M▲ 12.8% | 509.9M▲ 10.2% | 612.11M▲ 20.0% | 608.21M▼ 0.6% | 550.97M▼ 9.4% | 822.75M▲ 49.3% | 886.51M▲ 7.7% | 4.27B▲ 0% |
| Equity Growth % | 5.79% | 7.31% | 12.78% | 10.23% | 20.04% | -0.64% | -9.41% | 49.33% | 7.75% | 1242.18% |
| Book Value per Share | 16.40 | 17.22 | 19.22 | 21.17 | 25.12 | 24.64 | 22.00 | 30.11 | 31.47 | 87.61 |
| Total Shareholders' Equity | 381.95M | 410.12M | 462.57M | 509.9M | 612.09M | 607.97M | 550.97M | 822.75M | 886.51M | 4.27B |
| Common Stock | 2K | 2K | 2K | 2K | 2K | 2K | 4K | 4K | 4K | 6K |
| Retained Earnings | 219.93M | 240M | 286.35M | 328.09M | 351.42M | 347.23M | 171.02M | 230.69M | 274.31M | 33.28M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -127K | -21K | 2K | 328K | 343K | -6.51M | -4.45M | -5.59M | -6.51M | -5.51M |
| Minority Interest | 239K | 23K | 4K | 0 | 14K | 241K | 0 | 0 | 0 | 0 |
AVAV Cash Flow Statement
AeroVironment, Inc. (AVAV) cash flow — operating, investing & free cash flow history
| Line item | Apr'17 | Apr'18 | Apr'19 | Apr'20 | Apr'21 | Apr'22 | Apr'23 | Apr'24 | Apr'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -10.5M | 69.21M | 19.26M | 25.1M | 86.53M | -9.62M | 11.4M | 15.29M | -1.32M | -1.32M |
| Operating CF Margin % | -4.5% | 25.78% | 6.13% | 6.83% | 21.91% | -2.16% | 2.11% | 2.13% | -0.16% | - |
| Operating CF Growth % | -2005.44% | 759.2% | -72.17% | 30.31% | 244.79% | -111.12% | 218.53% | 34.14% | -108.62% | -1496.38% |
| Net Income | 12.46M | 22.36M | 41.89M | 41.34M | 23.34M | -4.18M | -176.17M | 59.67M | 43.62M | -224.36M |
| Depreciation & Amortization | 7.05M | 5.98M | 7.67M | 9.89M | 19.26M | 60.83M | 100M | 35.05M | 41M | 216.86M |
| Stock-Based Compensation | 3.71M | 4.96M | 6.99M | 6.23M | 6.93M | 5.39M | 10.77M | 17.07M | 21.46M | 28.07M |
| Deferred Taxes | -52K | 3.83M | 4.79M | 3.42M | -1.69M | -7.28M | -18.66M | -23.29M | -20.16M | -24.49M |
| Other Non-Cash Items | 2.34M | 3.67M | -775K | 8.07M | 15.63M | 11.11M | 179.66M | 33.63M | 31.04M | -61.53M |
| Working Capital Changes | -36.01M | 28.41M | -41.3M | -43.84M | 23.05M | -75.47M | -84.19M | -106.83M | -118.28M | -108.72M |
| Change in Receivables | -18.63M | 11.21M | 25.82M | -42.87M | 17.18M | 3.08M | -27.42M | 19.21M | -122.86M | -121.11M |
| Change in Inventory | -22.59M | 2.27M | -16.63M | 8.86M | -5.18M | -27.16M | -61.85M | 13.94M | 2.97M | -36.55M |
| Change in Payables | 2.84M | 5.74M | -7.05M | 3.13M | 2.56M | -7.04M | 12.54M | 12.97M | 22.33M | 6.29M |
| Cash from Investing | -37.35M | -7.62M | 11.12M | 59.17M | -378.77M | -52.29M | -7M | -51.71M | -28.49M | -1.24B |
| Capital Expenditures | -9.86M | -9.56M | -8.9M | -11.22M | -11.26M | -22.29M | -14.87M | -22.98M | 0 | -25.13M |
| CapEx % of Revenue | 4.23% | 3.56% | 2.83% | 3.05% | 2.85% | 5% | 2.75% | 3.21% | 2.78% | - |
| Acquisitions | -430K | -3.27M | 24.4M | -33.14M | -388.29M | -46.54M | -11.52M | -24.16M | 0 | -844.59M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 7K | -1.22M | -431K | 81K | 0 | 4.57M | -250K | -4.57M | -28.49M | -50.03M |
| Cash from Financing | 3.47M | 2.02M | -1.18M | -1.83M | 194.16M | -16.61M | 50.83M | -22.85M | -2.86M | 1.65B |
| Debt Issued (Net) | -390K | -288K | -161K | 0 | 200M | -10M | -55M | -107M | 2M | 691.54M |
| Equity Issued (Net) | 1000K | 1000K | 71K | 100K | -1000K | 1000K | 1000K | 1000K | 855K | -2M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | -1.99M | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -5K | -397K | -1.09M | -1.93M | -3.85M | -9.38M | 1.19M | -4.29M | -5.71M | 964.86M |
| Net Change in Cash | -44.38M▲ 0% | 63.61M▲ 243.3% | 29.19M▼ 54.1% | 82.43M▲ 182.4% | -98.08M▼ 219.0% | -79.83M▲ 18.6% | 55.63M▲ 169.7% | -59.56M▼ 207.1% | -32.44M▲ 45.5% | 242.88M▲ 0% |
| Free Cash Flow | -20.36M▲ 0% | 59.65M▲ 392.9% | 10.36M▼ 82.6% | 13.88M▲ 33.9% | 75.27M▲ 442.4% | -31.91M▼ 142.4% | -3.47M▲ 89.1% | -9.19M▼ 165.0% | -24.13M▼ 162.6% | -182.71M▲ 0% |
| FCF Margin % | -8.73% | 22.22% | 3.3% | 3.78% | 19.06% | -7.16% | -0.64% | -1.28% | -2.94% | -11.35% |
| FCF Growth % | -224.32% | 392.94% | -82.62% | 33.9% | 442.4% | -142.39% | 89.13% | -165.02% | -162.58% | -612.19% |
| FCF per Share | -0.87 | 2.50 | 0.43 | 0.58 | 3.09 | -1.29 | -0.14 | -0.34 | -0.86 | -0.86 |
| FCF Conversion (FCF/Net Income) | -0.80x | 3.87x | 0.41x | 0.61x | 3.71x | 2.30x | -0.06x | 0.26x | -0.03x | 0.81x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 561K |
| Taxes Paid | 1.8M | 1.81M | 6.78M | 532K | 2.4M | 1.88M | 2.91M | 20.44M | 24.63M | -4.9M |
AVAV Key Ratios
AeroVironment, Inc. (AVAV) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 3.52% | 4.51% | 10.87% | 8.45% | 4.16% | -0.69% | -30.4% | 8.69% | 5.1% | -6.41% |
| Return on Invested Capital (ROIC) | 5.77% | 8.02% | 9.12% | 12.74% | 6.83% | -1.03% | -20.17% | 7.75% | 3.56% | 3.56% |
| Gross Margin | 41.8% | 40.12% | 40.86% | 41.68% | 41.67% | 31.69% | 32.1% | 39.62% | 39.35% | 21.82% |
| Net Margin | 5.62% | 6.65% | 15.09% | 11.18% | 5.91% | -0.94% | -32.6% | 8.32% | 5.32% | -13.93% |
| Debt / Equity | 0.00x | 0.00x | - | 0.02x | 0.36x | 0.36x | 0.30x | 0.07x | 0.07x | 0.07x |
| Interest Coverage | - | - | - | - | 70.09x | -1.82x | -19.07x | 17.02x | 18.64x | -5.99x |
| FCF Conversion | -0.80x | 3.87x | 0.41x | 0.61x | 3.71x | 2.30x | -0.06x | 0.26x | -0.03x | 0.81x |
| Revenue Growth | -0.27% | 15.15% | 17.08% | 16.87% | 7.52% | 12.87% | 21.27% | 32.59% | 14.5% | 116.86% |
AVAV SEC Filings & Documents
AeroVironment, Inc. (AVAV) SEC filings — annual & quarterly reports (10-K, 10-Q)
AVAV Frequently Asked Questions
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Growth & Financials
AeroVironment, Inc. (AVAV) reported $1.61B in revenue for fiscal year 2025. This represents a 1431% increase from $105.2M in 2005.
AeroVironment, Inc. (AVAV) grew revenue by 14.5% over the past year. This is steady growth.
AeroVironment, Inc. (AVAV) reported a net loss of $224.4M for fiscal year 2025.
Dividend & Returns
AeroVironment, Inc. (AVAV) has a return on equity (ROE) of 5.1%. This is below average, suggesting room for improvement.
AeroVironment, Inc. (AVAV) had negative free cash flow of $182.7M in fiscal year 2025, likely due to heavy capital investments.
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