AeroVironment, Inc. (AVAV) quarterly income statement — complete revenue, gross profit & net income history
AeroVironment, Inc. (AVAV) annual income statement — 22-year revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/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 | 152.35M | 186.04M | 134.4M | 111.58M | 108.52M | 132.62M | 90.09M | 122.01M |
| Revenue Growth % | 5.68% | 133.27% | 143.41% | 150.72% | 139.96% | 39.63% | -10.15% | 4.23% | 24.38% | 5.88% | 38.83% | 62.04% | 40.39% | 40.28% | 49.17% | -8.54% | 7.43% | -2.49% | 14.36% | 31.67% |
| Cost of Goods Sold | 355.89M | 387.68M | 338.47M | 390.5M | 359.56M | 170.42M | 104.44M | 114.82M | 108.02M | 121.34M | 119.29M | 105.47M | 86.69M | 106.14M | 88.89M | 85.69M | 74.8M | 84M | 68.66M | 79.55M |
| COGS % of Revenue | 74.07% | 60.42% | 82.95% | 82.64% | 79.08% | 61.96% | 62.3% | 60.93% | 57.01% | 61.6% | 63.94% | 58.33% | 56.9% | 57.05% | 66.14% | 76.8% | 68.93% | 63.34% | 76.21% | 65.2% |
| Gross Profit | 124.6M | 253.94M | 69.58M | 82.01M | 95.12M | 104.63M | 63.2M | 73.64M | 81.47M | 75.63M | 67.29M | 75.35M | 65.66M | 79.9M | 45.51M | 25.89M | 33.71M | 48.62M | 21.44M | 42.45M |
| Gross Margin % | 25.93% | 39.58% | 17.05% | 17.36% | 20.92% | 38.04% | 37.7% | 39.07% | 42.99% | 38.4% | 36.06% | 41.67% | 43.1% | 42.95% | 33.86% | 23.2% | 31.07% | 36.66% | 23.79% | 34.8% |
| Gross Profit Growth % | 30.99% | 142.7% | 10.09% | 11.37% | 16.76% | 38.34% | -6.08% | -2.27% | 24.07% | -5.34% | 47.85% | 191.04% | 94.76% | 64.33% | 112.31% | -39.02% | 17.38% | -18.49% | -25.16% | 3.93% |
| Operating Expenses | 135.47M | 452.85M | 90.42M | 103.98M | 164.39M | 90.81M | 66.29M | 66.63M | 58.41M | 69.69M | 52.95M | 50.17M | 39.29M | 245.58M | 40.9M | 40.2M | 36.99M | 35.61M | 35.56M | 39.12M |
| OpEx % of Revenue | 28.19% | 70.58% | 22.16% | 22.01% | 36.16% | 33.02% | 39.54% | 35.36% | 30.82% | 35.38% | 28.38% | 27.75% | 25.79% | 132% | 30.43% | 36.03% | 34.09% | 26.85% | 39.47% | 32.06% |
| Selling, General & Admin | 111.51M | 114.22M | 99.38M | 98.34M | 131.31M | 43.23M | 43.82M | 37.95M | 33.82M | 32.66M | 27.86M | 28.18M | 23.86M | 26.82M | 24.71M | 23.04M | 22.17M | 21.6M | 22.46M | 24.06M |
| SG&A % of Revenue | 23.21% | 17.8% | 24.36% | 20.81% | 28.88% | 15.72% | 26.14% | 20.13% | 17.85% | 16.58% | 14.93% | 15.58% | 15.66% | 14.42% | 18.39% | 20.65% | 20.43% | 16.29% | 24.93% | 19.72% |
| Research & Development | 23.96M | 31.46M | 27.11M | 35.99M | 33.11M | 82.93M | 22.5M | 28.72M | 24.61M | 97.25M | 25.13M | 22.02M | 15.47M | 87.17M | 16.16M | 16.59M | 15.04M | 72.72M | 13.01M | 14.3M |
| R&D % of Revenue | 4.99% | 4.9% | 6.64% | 7.62% | 7.28% | 30.15% | 13.42% | 15.24% | 12.99% | 49.37% | 13.47% | 12.18% | 10.15% | 46.86% | 12.02% | 14.87% | 13.86% | 54.84% | 14.44% | 11.72% |
| Other Operating Expenses | 0 | 1000K | -1000K | -1000K | -31K | -1000K | -28K | -29K | -28K | -1000K | -30K | -29K | -30K | 1000K | 35K | 569K | -224K | -1000K | 93K | 760K |
| Operating Income | -10.87M | -198.91M | -20.84M | -21.97M | -69.27M | 13.82M | -3.09M | 7.01M | 23.06M | 5.95M | 14.33M | 25.18M | 26.37M | -165.68M | 4.61M | -14.31M | -3.27M | 13.01M | -14.13M | 3.34M |
| Operating Margin % | -2.26% | -31% | -5.11% | -4.65% | -15.24% | 5.02% | -1.84% | 3.72% | 12.17% | 3.02% | 7.68% | 13.92% | 17.31% | -89.06% | 3.43% | -12.83% | -3.02% | 9.81% | -15.68% | 2.74% |
| Operating Income Growth % | 84.31% | -1539.63% | -575.15% | -413.56% | -400.41% | 132.41% | -121.54% | -72.17% | -12.55% | 103.59% | 211.14% | 275.9% | 905.35% | -1373.2% | 132.61% | -528.69% | 72.97% | -26.73% | -2100.31% | -75.98% |
| EBITDA | -7.33M | -401.88M | 33.79M | 36.11M | 20.98M | 27.67M | 6.2M | 16.01M | 31.91M | 16.73M | 23.92M | 33.61M | 33.32M | -164.54M | 20.44M | 3.96M | 10.73M | 26.4M | 3.29M | 19.7M |
| EBITDA Margin % | -1.53% | -62.63% | 8.28% | 7.64% | 4.61% | 10.06% | 3.7% | 8.49% | 16.84% | 8.49% | 12.82% | 18.59% | 21.87% | -88.44% | 15.21% | 3.55% | 9.88% | 19.91% | 3.65% | 16.15% |
| EBITDA Growth % | -134.93% | -1552.33% | 444.75% | 125.56% | -34.25% | 65.45% | -74.06% | -52.38% | -4.22% | 110.16% | 17% | 748.62% | 210.63% | -723.23% | 520.93% | -79.9% | 596.04% | -6.95% | 42.2% | 17.2% |
| D&A (Non-Cash Add-back) | 0 | -202.96M | 54.63M | 58.08M | 90.25M | 13.85M | 9.29M | 9M | 8.85M | 10.78M | 9.58M | 8.44M | 6.95M | 1.14M | 15.83M | 18.27M | 14M | 13.39M | 17.42M | 16.36M |
| EBIT | -7.33M | -45.05M | -176.04M | -20.6M | -69.3M | 36.49M | -3.12M | 6.98M | 23.03M | 7.91M | 14.3M | 25.15M | 26.34M | 36.61M | 4.64M | -13.74M | -3.5M | 13.35M | -14.03M | 4.1M |
| Net Interest Income | 4.14M | 3.44M | 3.7M | 4.67M | -17.41M | -1.01M | -248K | -690K | -239K | -148K | -114K | -1.95M | -2.01M | -2.65M | -2.81M | -2.31M | -1.6M | -1.28M | -1.51M | -1.38M |
| Interest Income | 4.14M | -8.37M | 3.7M | 4.67M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | -11.8M | 0 | 0 | 17.41M | 1.01M | 248K | 690K | 239K | 148K | 114K | 1.95M | 2.01M | 2.65M | 2.81M | 2.31M | 1.6M | 1.28M | 1.51M | 1.38M |
| Other Income/Expense | 3.54M | 171.28M | -155.19M | 2.56M | -13.27M | 3.07M | 728K | 316K | -408K | -1.72M | 810K | -6.2M | -3.16M | -1.07M | -5.81M | -2.77M | -2.51M | 9.69M | -1.3M | -10.29M |
| Pretax Income | -7.33M | -27.64M | -176.04M | -19.41M | -82.54M | 16.89M | -2.36M | 7.32M | 22.65M | 4.23M | 15.14M | 18.98M | 23.21M | -166.75M | -1.21M | -17.09M | -5.78M | 22.71M | -15.43M | -6.96M |
| Pretax Margin % | -1.53% | -4.31% | -43.14% | -4.11% | -18.15% | 6.14% | -1.41% | 3.89% | 11.95% | 2.15% | 8.12% | 10.5% | 15.23% | -89.63% | -0.9% | -15.31% | -5.33% | 17.12% | -17.13% | -5.7% |
| Income Tax | -397K | 13.9M | -19.49M | -2.31M | -15.17M | 223K | -605K | -221K | 1.49M | -1.82M | 1.26M | 1.14M | 1.31M | -6.28M | -531K | -10.46M | 2.61M | 15.49M | -15.4M | -9.51M |
| Effective Tax Rate % | 5.42% | -50.3% | 11.07% | 11.88% | 18.38% | 1.32% | 25.65% | -3.02% | 6.56% | -43.03% | 8.31% | 5.99% | 5.66% | 3.77% | 43.99% | 61.2% | -45.06% | 68.24% | 99.77% | 136.75% |
| Net Income | -5.07M | -24.1M | -156.55M | -17.1M | -67.37M | 16.66M | -1.75M | 7.54M | 21.17M | 6.05M | 13.88M | 17.84M | 21.89M | -160.47M | -676K | -6.67M | -8.39M | 7.26M | 10K | 2.52M |
| Net Margin % | -1.05% | -3.76% | -38.37% | -3.62% | -14.82% | 6.06% | -1.05% | 4% | 11.17% | 3.07% | 7.44% | 9.87% | 14.37% | -86.26% | -0.5% | -5.98% | -7.74% | 5.47% | 0.01% | 2.07% |
| Net Income Growth % | 92.48% | -244.61% | -8825.37% | -326.74% | -418.29% | 175.62% | -112.63% | -57.72% | -3.33% | 103.77% | 2153.99% | 367.55% | 360.81% | -2310.98% | -6860% | -364.08% | 39.95% | -33.69% | -95.26% | 20.58% |
| Net Income (Continuing) | -6.93M | -41.54M | -156.55M | -17.1M | -67.37M | 16.66M | -1.75M | 7.54M | 21.17M | 6.05M | 13.88M | 17.84M | 21.89M | -160.47M | -676K | -6.63M | -8.39M | 7.21M | -35K | 2.56M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 247K | 241K | 287K | 332K |
| EPS (Diluted) | -0.10 | 1.25 | -3.15 | -0.34 | -2.39 | 0.59 | -0.06 | 0.27 | 0.75 | 0.22 | 0.50 | 0.66 | 0.84 | -6.29 | -0.03 | -0.27 | -0.34 | 0.11 | 0.00 | 0.10 |
| EPS Growth % | 95.82% | 111.86% | -5150% | -225.93% | -418.67% | 168.18% | -112% | -59.09% | -10.71% | 103.5% | 1951.85% | 344.44% | 347.06% | -5818.18% | - | -370% | 40.35% | -75% | -96% | 11.11% |
| EPS (Basic) | -0.10 | 1.26 | -3.15 | -0.34 | -2.40 | 0.59 | -0.06 | 0.27 | 0.76 | 0.22 | 0.50 | 0.66 | 0.84 | -6.29 | -0.03 | -0.27 | -0.34 | 0.11 | 0.00 | 0.10 |
| Diluted Shares Outstanding | 49.82M | 49.09M | 48.76M | 49.72M | 46.88M | 28.27M | 28.03M | 28.15M | 28.28M | 28.1M | 28.04M | 26.96M | 26.18M | 25.45M | 25.01M | 24.9M | 24.8M | 24.94M | 24.88M | 24.89M |
| Basic Shares Outstanding | 49.82M | 49.09M | 48.76M | 49.72M | 46.88M | 28.07M | 28.03M | 28.01M | 27.96M | 27.92M | 27.91M | 26.87M | 26.09M | 25.45M | 25.01M | 24.9M | 24.8M | 24.77M | 24.71M | 24.64M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |