AeroVironment Financial Statements
NASDAQ: AVAVIndustrialsAerospaceUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
AeroVironment revenue and earnings
In fiscal 2026, AeroVironment generated $1.98 billion in revenue, up 140.9% from fiscal 2025, its 9th consecutive year of revenue growth. AeroVironment reported a net loss of $265.1 million, compared with net income of $43.6 million a year earlier. Gross margin was 25.3% (down from 38.8%) and operating margin -15.7%.
Diluted earnings per share came in at -$5.40, down from $1.55. Over the last 5 fiscal years, AVAV's revenue has grown at a 38.0% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
AeroVironment income statement (annual)
| Fiscal year (USD) | FY 20262026-04-30 | FY 20252025-04-30 | FY 20242024-04-30 | FY 20232023-04-30 | FY 20222022-04-30 | FY 20202021-04-30 | FY 20192020-04-30 | FY 20192019-04-30 | FY 20182018-04-30 | FY 20172017-04-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.98B | 820.63M | 716.72M | 540.54M | 445.73M | 394.91M | 367.30M | 314.27M | 271.05M | 228.94M |
| Revenue growth (YoY) | +140.89% | +14.50% | +32.59% | +21.27% | +12.87% | +7.52% | +16.87% | +15.95% | +18.39% | -2.05% |
| Cost of Revenue | 1.48B | 501.99M | 432.79M | 367.02M | 304.50M | 230.35M | 214.19M | 185.87M | 162.16M | 133.75M |
| Gross Profit | 500.64M | 318.64M | 283.93M | 173.51M | 141.24M | 164.56M | 153.10M | 128.40M | 107.69M | 96.87M |
| Operating Expenses | 811.64M | 277.84M | 212.11M | 352.18M | 151.12M | 121.25M | 105.97M | 94.58M | 77.26M | 76.11M |
| Research & Development | 127.68M | 100.73M | 97.69M | 64.25M | 54.69M | 53.76M | 46.48M | 34.23M | 26.43M | 28.46M |
| Selling, General & 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 |
| Interest Expense | 24.20M | — | — | — | — | — | — | — | — | — |
| Other Income (Expense) | 10.99M | 1.06M | -4.37M | -346.00K | -10.31M | -8.33M | 707.00K | 11.98M | -49.00K | 172.00K |
| Pretax 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 | 882.00K | 1.89M | -14.66M | -10.37M | 539.00K | 5.85M | 4.64M | 9.80M | 4.76M |
| Net Income | -265.12M | 43.62M | 59.67M | -176.17M | -4.18M | 23.34M | 41.07M | 47.42M | 17.65M | 13.08M |
| Net Income growth (YoY) | -707.81% | -26.89% | — | — | -117.93% | -43.16% | -13.39% | +168.71% | +34.94% | +45.86% |
| 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 |
| Shares Outstanding (Basic) | 49.09M | 28.02M | 27.20M | 25.04M | 24.69M | 24.05M | 23.81M | 23.66M | 23.47M | 23.06M |
| Shares Outstanding (Diluted) | 49.09M | 28.17M | 27.33M | 25.04M | 24.69M | 24.36M | 24.09M | 24.07M | 23.81M | 23.31M |
| EBITDA | -45.96M | 81.79M | 107.57M | -78.66M | 50.94M | 62.58M | 57.02M | 41.49M | 36.41M | 25.82M |
| Gross Margin | 25.33% | 38.83% | 39.62% | 32.10% | 31.69% | 41.67% | 41.68% | 40.86% | 39.73% | 42.31% |
| Operating Margin | -15.73% | 4.97% | 10.02% | -33.05% | -2.22% | 10.97% | 12.83% | 10.76% | 11.23% | 9.07% |
| Net Margin | -13.41% | 5.32% | 8.32% | -32.59% | -94.00% | 5.91% | 11.18% | 15.09% | 6.51% | 5.71% |
This table shows 10 annual periods of AeroVironment's income statement, from FY 2026 back to FY 2017, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow AVAV's reporting calendar. What is a income statement?