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Nasdaq · Industrials

AeroVironment Inc (AVAV)

As-reported financials and SEC filings for AeroVironment Inc. The latest annual period is FY2026. The latest reported quarter is Q4 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About AeroVironment Inc

AeroVironment Inc designs and manufactures unmanned aircraft systems and related technologies. The company provides products and services primarily to government and defense customers. Its offerings include autonomous systems, precision strike and defense systems, and space and directed energy solutions.

Snapshot

Revenue
$1.98B
Revenue growth (YoY)
140.9%
Net income
$-265.1M
Diluted EPS
$-5.40
Gross margin
25.3%
Operating margin
-15.7%
Net margin
-13.4%
FCF margin
-7.1%
ROE
-6.0%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$7.74B
Long-term debt / equity
0.17×
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended April 30, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at AeroVironment

  • Revenue grew 140.9% to $2.0B in FY2026, faster than the 14.5% the year before.
  • Operating margin is -15.7% in FY2026, -13.5 pp against -2.2% in FY2022.
  • Most recent quarter Q4 FY2026: revenue $642M, up 133.3% from Q4 FY2025.
  • Free cash flow was negative $141M in FY2026.
  • Net income turned to a $265M loss in FY2026, from a $44M profit in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where AeroVironment’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin25.3%
44th percentile of 466
Operating margin-15.7%
11th percentile of 605
Net margin-13.4%
12th percentile of 645
FCF margin-7.1%
15th percentile of 562
Revenue growth (YoY)+140.9%
99th percentile of 668
ROE-6.0%
25th percentile of 600
Long-term debt / equity0.17×
22nd percentile of 409
Short interest2.93d
43rd percentile of 676

AeroVironment’s revenue growth of +140.9% ranks in the 99th percentile of the 668 Industrials companies reporting it. AeroVironment’s operating margin of -15.7% ranks in the 11th percentile of the 605 Industrials companies reporting it. AeroVironment’s net margin of -13.4% ranks in the 12th percentile of the 645 Industrials companies reporting it.

No reported insider purchases (code P) in the last 90 days; 5 insider sales totaling $211,343. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+6 quant / multi-strat
Initiated / added
7
2 new, 5 added
Reduced / exited
2
1 trimmed, 1 exited
Combined position
$182.6M
reported long value
InvestorAs ofPosition valueSharesChange
ARK Investment ManagementQ2 2026$100.3M607.5KAdded
Millennium ManagementquantQ2 2026$57.0M345.2KAdded
Renaissance TechnologiesquantQ2 2026$12.4M75.0KAdded
Point72 Asset ManagementquantQ2 2026$5.9M35.8KNew
Sands Capital ManagementQ2 2026$3.1M19.0KAdded
AQR Capital ManagementquantQ2 2026$2.6M15.8KAdded
Two Sigma InvestmentsquantQ2 2026$827,8265.0KNew
Citadel AdvisorsquantQ2 2026$463,5172.8KReduced

No longer held by: D. E. Shaw (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
5
$211K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-17
filed 2026-08-19
PAGE STEPHEN FDirectorSell250$191.98$48K
2026-08-14
Shackley Brian CharlesSVP, Chief Accounting OfficerSell205$201.86$41K
2026-07-15
filed 2026-07-16
Shackley Brian CharlesSVP, Chief Accounting OfficerSell300$143.00$43K
2026-07-15
filed 2026-07-16
PAGE STEPHEN FDirectorSell248$143.00$35K
2026-06-15
filed 2026-06-16
PAGE STEPHEN FDirectorSell250$174.41$44K
2026-05-15
filed 2026-05-18
PAGE STEPHEN FDirectorSell250$162.31$41K
2026-04-15
filed 2026-04-20
PAGE STEPHEN FDirectorSell250$197.29$49K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
3.7M
settled 2026-08-14
Change vs prior
-15.2%
vs previous settlement
Days to cover
2.93
at avg daily volume
Avg daily volume
1.3M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-143.7M-15.2%2.93
2026-07-314.3M+12.6%3.25
2026-07-153.8M-6.3%1.81
2026-06-304.1M-14.6%1.56
2026-06-154.8M+4.1%4.64
2026-05-294.6M-0.3%3.03
2026-05-154.6M+2.4%3.83
2026-04-304.5M+3.4%3.92

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$1.98B$820.6M$716.7M$540.5M$445.7M
Gross profit$500.6M$318.6M$283.9M$173.5M$141.2M
Operating income$-311.0M$40.8M$71.8M$-178.7M$-9.9M
Net income$-265.1M$43.6M$59.7M$-176.2M$-4.2M
Diluted EPS$-5.40$1.55$2.18$-7.04$-0.17

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2026FY2025FY2024FY2023FY2022
Cash and equivalents$377.3M$40.9M$73.3M$132.9M$77.2M
Current assets$1.89B$606.5M$515.6M$477.0M$368.9M
Total assets$5.72B$1.12B$1.02B$824.6M$914.2M
Current liabilities$439.2M$172.2M$144.9M$121.3M$101.4M
Long-term debt$729.0M$30.0M$17.1M$125.9M$177.8M
Total liabilities$1.32B$234.1M$193.1M$273.6M$306.0M
Total equity$4.40B$886.5M$822.7M$551.0M$608.2M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$-78.4M$-1.3M$15.3M$11.4M$-9.6M
Capital expenditure$62.5M$19.5M$23.0M$14.9M$22.3M
Free cash flow$-140.9M$-20.9M$-7.7M$-3.5M$-31.9M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q4 FY2026$641.6M133.3%$1.33
Q3 FY2026$408.0M143.4%$-243.8M$-4.90
Q2 FY2026$472.5M150.7%$-17.1M$-0.34
Q1 FY2026$454.7M140.0%$-67.4M$-1.44
Q4 FY2025$275.1M39.6%$0.59
Q3 FY2025$167.6M-10.2%$-1.8M$-0.06
Q2 FY2025$188.5M4.2%$7.5M$0.27
Q1 FY2025$189.5M24.4%$21.2M$0.75

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorIndustrials
SIC industryAircraft
Latest annual periodFY2026 (ended April 30, 2026)
Latest reported quarterQ4 FY2026 (ended April 30, 2026)
Oldest indexed filing2013
SEC CIK1368622

Selected SEC filings

10-K2026-06-29
View on EDGAR →
10-Q/A2026-06-22
View on EDGAR →
10-Q2026-03-11
View on EDGAR →
8-K2026-08-07
View on EDGAR →
8-K2026-07-29
View on EDGAR →
8-K2026-06-29
View on EDGAR →
8-K2026-06-25
View on EDGAR →

Largest Industrials peers

All Industrials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.