AeroVironment
AVAV Nasdaq· Aerospace & Defense
Last close · Oct 26, 2026
$125.45
KIRA · Stoqly’s AI analyst, in plain words
- AeroVironment had $2.0B of revenue in fiscal 2026, up 140.9% on the year before. Over five years, revenue changed +38.0% a year on average.
- Its operating margin was −15.7%, down 20.7 pts: of every 100 in sales, about −16 is left after running the business.
- AeroVironment lost $265M in fiscal 2026.
- Free cash flow was −$141M in fiscal 2026, −7.1% of revenue.
- AeroVironment returned $0.0M to shareholders in fiscal 2026. The diluted share count rose 74.2%.
- AeroVironment owes $115M more than it holds in cash.
Market cap
$6.2B
P/E
—
Revenue
$2.0B
Net income
−$265M
Free cash flow
−$141M
Operating margin
−15.7%
AeroVironment in 30 seconds · fiscal 2026
Are sales growing?
+140.9%
Yes. Sales grew 140.9% last year.
Does it make a profit?
−13.4%
No. It lost money last year.
Does profit turn into cash?
−7.1%
No. It spent more cash than it brought in.
How healthy are the accounts?
3 / 9
Weak. It passes 3 of 9 health tests.
What AeroVironment does
No business description yet.
- Fiscal year ends
- April 30, 2026
- Latest annual report
- 10-K · Jun 29, 2026
- Legal name
- AEROVIRONMENT, INC.
- CIK
- 0001368622
AeroVironment · AVAV
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $446M | $541M | $717M | $821M | $2.0B |
| Revenue growth | 12.9% | 21.3% | 32.6% | 14.5% | 140.9% |
| Gross margin | 31.7% | 32.1% | 39.6% | 38.8% | 25.3% |
| Operating margin | −2.2% | −33.1% | 10.0% | 5.0% | −15.7% |
| Net income | −$4.2M | −$176M | $59.7M | $43.6M | −$265M |
| Net margin | −0.9% | −32.6% | 8.3% | 5.3% | −13.4% |
| Diluted EPS | −$0.17 | −$7.04 | $2.18 | $1.55 | −$5.40 |
| Cash | |||||
| Cash from operations | −$9.6M | $11.4M | $15.3M | −$1.3M | −$78.4M |
| Capital expenditure | $22.3M | $14.9M | $23.0M | $19.5M | $62.5M |
| Free cash flow | −$31.9M | −$3.5M | −$7.7M | −$20.9M | −$141M |
| FCF margin | −7.2% | −0.6% | −1.1% | −2.5% | −7.1% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share count change | 1.3% | 1.5% | 9.1% | 3.1% | 74.2% |
| Debt and strength | |||||
| Cash and short-term investments | $102M | $133M | $73.3M | $40.9M | $632M |
| Debt incl. finance leases | $190M | $135M | $28.0M | $30.0M | $748M |
| Shareholders' equity | $608M | $551M | $823M | $887M | $4.4B |
| Net debt / EBITDA | 1.7x | — | −0.4x | −0.1x | — |
| Current ratio | 3.6x | 3.9x | 3.6x | 3.5x | 4.3x |
| Interest coverage | −2.0x | −17.5x | 10.5x | 23.2x | −12.9x |
| Returns and quality | |||||
| Return on capital | −1.2% | −22.6% | 10.5% | 4.8% | −9.1% |
| Return on equity | −0.7% | −30.4% | 8.7% | 5.1% | −10.0% |
| Piotroski F-score | 1 | 6 | 6 | 2 | 3 |
| Altman Z'' | 5.2 | 4.2 | 8.1 | 7.6 | 4.8 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$2.1M
3 insiders
Of sales under plans
100%
$2.1M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
AeroVironment · AVAV
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| AeroVironment AVAV | $6.2B | 140.9% | −15.7% | −7.1% | −9.1% | — | 3 |
| Hexcel HXL | $6.1B | −0.5% | 9.1% | 8.3% | 6.5% | 35.9x | 6 |
| Axon Enterprise AXON | $35.0B | 33.5% | −2.2% | 2.7% | −2.2% | 176.3x | 6 |
| Kratos Defense & Security So... KTOS | $7.4B | 18.5% | 1.9% | −10.2% | 1.2% | — | 4 |
| BWX Technologies BWXT | $12.1B | 18.3% | 12.7% | 9.2% | 13.9% | 34.0x | 7 |
KIRA
At $125.45 a share, the company is worth $6.2B.
AeroVironment grew sales faster than 4 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0001368622). Data updated October 12, 2026. For information only — not investment advice. Check the original filings before relying on any figure.