Defense technology company developing uncrewed aircraft, autonomous systems and other mission technologies for government and commercial customers.
Profile & Fundamentals
AeroVironment: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
AeroVironment Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
Explore this pageJump to a Profile & Fundamentals section
Explore this research
Profile & Fundamentals contents
Jump directly to any section
Company and Market Context
Company Profile & Ownership
AeroVironment, Inc., a defense technology provider, 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. The company operates in two segments, Autonomous Systems; and Space, Cyber and Directed Energy. The company provides uncrewed aircraft systems (UAS), which include small and medium UAS, and kinesis command and control software; and counter-UAS and precision strike, a loitering munitions solution that deliver actionable intelligence and precision firepower modern warfighters, including precision strike, radio frequency and kinetic C-UAS, and electronic warfare systems. It also offers autonomy, AI, and platform technologies; unmanned maritime; and uncrewed ground systems. The company provides digital beamforming technology, a multi-band/beam software defined antenna tile that allows simultaneous communication with multiple satellites; laser communications, a data transmission systems for space operations; space-qualified hardware for line of sight stabilization and control electronics in low, medium, and geostationary earth orbit, as well as cislunar orbits; phased array antenna technology to supports hypersonic telemetry and tracking, and other missile testing; and directed energy solution. It also offers cyber solutions for national security and defense operations. AeroVironment, Inc. was incorporated in 1971 and is headquartered in Arlington, Virginia.
Company profile record
AeroVironment Inc
Common Stock · Industrials · Aerospace & Defense
Company
- Company / asset
- AeroVironment Inc
- Security type
- Common Stock
- Sector
- Industrials
- Industry
- Aerospace & Defense
- HQ
- 🇺🇸 United States
- Head office
- 241 18th Street South, Arlington, VA, United States, 22202
Leadership & scale
- Chief executive
- Mr. Wahid Nawabi
- CEO year born
- 1969
- Full-time employees
- 4K
- Fiscal year end
- April
- IPO date
- 2007-01-23
Fundamentals snapshot
- Market Cap
- USD 7.2B
- P/E
- --
- Revenue (Q3 26)
- USD 480.5M
- Profit (Q3 26)
- USD -5.1M
- Dividend Yield
- --
- Revenue (FY 26)
- USD 2.0B
- Shares in public float
- 38.1M
- Insider ownership
- 0.91%
Reporting & identifiers
- Symbol
- AVAV.NASDAQ
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- US0080731088
- Asset ID
- equity_b6f5985a-e148-50bf-b968-28557ab8b7ca
Ownership
Shares Outstanding
Latest: 49.8M | Max: 49.8M | Min: 23.8M
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
76.41%
38.1M latest reported shares
Insider Ownership
0.91%
Latest reported insider stake
Short Float
0.12%
Latest reported short interest / float
Top Holders
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 23,833,000 |
| 2018-01-01 | 24,098,800 |
| 2019-01-01 | 24,061,800 |
| 2020-01-01 | 24,196,900 |
| 2021-01-01 | 24,885,900 |
| 2022-01-01 | 24,900,900 |
| 2023-01-01 | 26,956,800 |
| 2024-01-01 | 28,145,600 |
| 2025-01-01 | 49,723,300 |
| 2026-01-01 | 49,822,600 |
Top Holders
Available reported ownership records.
Scroll the table to see every column.
| Holder | Shares | Ownership | Reported date |
|---|---|---|---|
| BlackRock Inc | 4,959,699 | 9.76% | 2026-03-31 |
| State Street Corp | 2,289,357 | 4.5% | 2026-03-31 |
| Vanguard Portfolio Management, LLC | 1,693,775 | 3.33% | 2026-03-31 |
| Vanguard Capital Management, LLC | 1,616,315 | 3.18% | 2026-03-31 |
| Vanguard MStar Total Stk Mkt Idx Invest | 1,207,864 | 2.38% | 2026-08-31 |
| iShares Core S&P Mid-Cap ETF | 1,128,587 | 2.22% | 2026-08-31 |
| Baillie Gifford & Co Limited. | 967,448 | 1.9% | 2026-06-30 |
| Stt Strt® SPDR® S&P® Arspc & Dfnc ETF | 963,929 | 1.9% | 2026-08-31 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 937,460 | 1.84% | 2026-03-31 |
| Geode Capital Management, LLC | 913,893 | 1.8% | 2026-03-31 |
| Heard Capital LLC | 903,975 | 1.78% | 2026-06-30 |
| Vanguard Small Cap Index | 873,439 | 1.72% | 2026-08-31 |
| Alyeska Investment Group, L.P. | 721,436 | 1.42% | 2026-03-31 |
| Van Eck Associates Corporation | 687,977 | 1.35% | 2026-03-31 |
| Swedbank Robur Allemansfond Komplett | 650,000 | 1.28% | 2026-08-31 |
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
AeroVironment's top line experienced a dramatic surge in fiscal 2026, with revenue climbing 141 percent to 1.98 billion dollars. However, this explosive growth was driven primarily by the acquisition of BlueHalo rather than organic expansion alone. At the same time, the company reported a GAAP net loss of 265 million dollars, which was heavily influenced by 240.7 million dollars in goodwill impairments and large non-cash purchase accounting amortization charges. The headline accounting loss masks solid underlying operational health. Core adjusted EBITDA reached 286 million dollars for the full year, and early fiscal 2027 results showed quarterly net losses narrowing sharply to 5.1 million dollars on 480.5 million dollars in revenue. While demand is confirmed by a record 1.5 billion dollar funded backlog, turning that revenue into reliable cash flow remains the true test.
AeroVironment's top line experienced a dramatic surge in fiscal 2026, with revenue climbing 141 percent to 1.98 billion dollars. However, this explosive growth was driven primarily by the acquisition of BlueHalo rather than organic expansion alone. At the same time, the company reported a GAAP net loss of 265 million dollars, which was heavily influenced by 240.7 million dollars in goodwill impairments and large non-cash purchase accounting amortization charges. The headline accounting loss masks solid underlying operational health. Core adjusted EBITDA reached 286 million dollars for the full year, and early fiscal 2027 results showed quarterly net losses narrowing sharply to 5.1 million dollars on 480.5 million dollars in revenue. While demand is confirmed by a record 1.5 billion dollar funded backlog, turning that revenue into reliable cash flow remains the true test.
Revenue, Net Income, and Free Cash Flow
Latest: USD 2.0B | Max: USD 2.0B | Min: USD -265.1M
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: >100x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Gross profit margins dropped dramatically from 39.4 percent in fiscal 2025 to 25.3 percent in fiscal 2026. While purchase accounting charges played a role, the compression is largely structural. BlueHalo brought over 400 million dollars in engineering service contracts, which inherently earn lower profit margins than proprietary drone hardware. Underneath the consolidated numbers, performance is sharply divided. Core Autonomous Systems product gross margins have rebounded to 40 percent on strong pricing power. However, service margins remain weak near 8 percent. Consolidated profit margins cannot return to historical peaks until high-margin hardware production significantly outgrows low-margin acquired services.
Gross profit margins dropped dramatically from 39.4 percent in fiscal 2025 to 25.3 percent in fiscal 2026. While purchase accounting charges played a role, the compression is largely structural. BlueHalo brought over 400 million dollars in engineering service contracts, which inherently earn lower profit margins than proprietary drone hardware. Underneath the consolidated numbers, performance is sharply divided. Core Autonomous Systems product gross margins have rebounded to 40 percent on strong pricing power. However, service margins remain weak near 8 percent. Consolidated profit margins cannot return to historical peaks until high-margin hardware production significantly outgrows low-margin acquired services.
Profitability Margins
Latest: 25.3% | Max: 41.8% | Min: -33.1%
Latest Profitability Ratios as of 2026-04-30
Gross Margin
25.3%
Gross profit / revenue
Operating Margin
-3.6%
Operating income / revenue
Net Margin
-13.4%
Net income / revenue
FCF Margin
-8.3%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2017-04-30 | 233,105,000 | 13,100,000 | -20,361,000 |
| 2018-04-30 | 268,423,999 | 17,863,000 | 59,646,000 |
| 2019-04-30 | 314,274,000 | 47,438,000 | 10,364,000 |
| 2020-04-30 | 367,296,000 | 41,074,000 | 13,877,000 |
| 2021-04-30 | 394,912,000 | 23,331,000 | 75,269,000 |
| 2022-04-30 | 445,732,000 | -4,187,999 | -31,907,000 |
| 2023-04-30 | 540,536,000 | -176,212,000 | -3,468,000 |
| 2024-04-30 | 716,720,000 | 59,666,000 | -9,191,000 |
| 2025-04-30 | 820,627,000 | 43,619,000 | -24,134,000 |
| 2026-04-30 | 1,976,845,000 | -265,122,000 | -164,622,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
Scroll the table to see every column.
| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-04-30 | 172.72 | Trailing four quarters |
| 2024-04-30 | 75.38 | Trailing four quarters |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2017-04-30 | 41.8 | 8.91 | 5.62 | -8.73 |
| 2018-04-30 | 40.12 | 11.34 | 6.65 | 22.22 |
| 2019-04-30 | 40.86 | 10.76 | 15.09 | 3.3 |
| 2020-04-30 | 41.68 | 12.83 | 11.18 | 3.78 |
| 2021-04-30 | 41.67 | 10.97 | 5.91 | 19.06 |
| 2022-04-30 | 31.69 | -2.22 | -0.94 | -7.16 |
| 2023-04-30 | 32.1 | -33.05 | -32.6 | -0.64 |
| 2024-04-30 | 39.62 | 10.02 | 8.32 | -1.28 |
| 2025-04-30 | 39.35 | 4.97 | 5.32 | -2.94 |
| 2026-04-30 | 25.33 | -3.56 | -13.41 | -8.33 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-10-01.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
Complete Research Workspace
Unlock the complete Profile & Fundamentals
Sign in to verify your access, or upgrade to the Base plan to open the complete profile & fundamentals and available source data.