Wednesday 14 October 2026 Export AVAV’s income statement to Excel — free account

AeroVironment, Inc.

AeroVironment, Inc.’s revenue for fiscal 2026 (year ended April 2026) was $2.0 billion, up 140.9% from fiscal 2025. In the quarter to July 2026, revenue grew 5.68%, EPS grew 93.1%, free cash flow grew 76.9% and total debt was flat, each against the same quarter a year earlier. Revenue growth for five consecutive years.

123.43 3.70 −2.91%

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Market cap: $6.5B
P/E: 0.0×
Fwd P/E: 172×
Dividend yield: —
F-score: 2/9
Altman Z: 4.84
Beneish M: −1.03
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 2.14

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	1	2	2	3	4	1	1	1	2	2	2	—

Insider Ownership 23.55%

Capital & Financial Ratios $m

Market Cap 6,460.00

Revenue 2,002.66

Net Income (202.82)

Free Cash Flow (44.78)

Net Debt 149.83

Current Ratio 4.26

Debt/Equity 0.17

P/E ratio 0.00

Fwd P/E 172.00

P/S ratio 3.16

P/B ratio 1.44

Past 5Y EPS Growth —

This Y EPS Growth (1.02%)

Next Y EPS Growth 36.95%

Next Y revenue growth 11.44%

Next 5Y EPS Growth 20.62%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 11.99%

10-year low 10-year high

P/B against its own 10 years 0.04%

10-year low 10-year high

EV/Sales against its own 10 years 19.59%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2018	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	73	41	632	580
Receivables	270	393	893	827
Inventory	150	144	313	411
Other	—	—	—	—
	516	607	1,890	1,882

	2024	2025	2026	Q'26
Payables	48	72	161	175
ST’ Debt	10	—	—	—
Other	28	45	163	178
	145	172	439	442

Compound Annual Growth %

	10y	5y	3y
Sales	23.80%	38.00%	54.07%
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	28.39%	48.37%	99.89%

Revenue $m

	Jul	Oct	Jan	Apr	Year
’26	480	—	—	—	—
’26	455	473	408	642	1,977
’25	189	188	168	275	821
’24	152	181	187	197	717
’23	109	112	134	186	541
’22	101	122	90	133	446
’21	87	93	79	136	395

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Jul	Oct	Jan	Apr	Year
’26	13	—	—	—	—
’26	(124)	(45)	(5)	96	(78)
’25	28	(4)	(26)	0	(1)
’24	(17)	(9)	53	(12)	15
’23	16	16	(23)	3	11
’22	(15)	12	(20)	14	(10)
’21	27	32	20	8	87

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Jul	Oct	Jan	Apr	Year
’26	(36)	—	—	—	—
’26	(156)	(60)	(22)	73	(165)
’25	23	(9)	(30)	(9)	(24)
’24	(21)	(16)	49	(21)	(9)
’23	10	14	(26)	(2)	(3)
’22	(21)	4	(24)	8	(32)
’21	23	30	18	5	75

Fiscal quarters ending in the months shown.

EPS $

	Jul	Oct	Jan	Apr	Year
’26	(0.10)	—	—	—	—
’26	(1.44)	(0.34)	(4.90)	1.25	(5.40)
’25	0.75	0.27	(0.06)	0.59	1.55
’24	0.84	0.66	0.50	0.22	2.18
’23	(0.34)	(0.27)	(0.03)	(6.31)	(7.04)
’22	(0.57)	0.10	0.00	0.29	(0.17)
’21	0.42	0.09	0.01	0.44	0.96

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	24.70	41.60	48.61	45.00	53.50	52.03	81.04	116.51	102.25	125.20	Analyst estimates 2027–2029 Powerpack
	High	58.99	121.32	95.38	99.81	143.72	114.11	143.99	236.60	417.86	408.25
People
People	Employees	661	697	699	828	1,177	1,223	1,279	1,428	1,475	3,991
	Revenue/emp, $m	0.35	0.39	0.45	0.44	0.34	0.36	0.42	0.50	0.56	0.50
Income, $m
Income, $m	Revenue	233	268	314	367	395	446	541	717	821	1,977
	Gross margin, %	41.56	40.12	40.86	41.68	41.67	31.69	32.10	39.62	38.83	25.33
	EBT	23	33	50	53	34	(19)	(188)	63	40	(306)
	EBT margin, %	9.68	12.15	16.06	14.34	8.70	(4.29)	(34.85)	8.82	4.83	(15.46)
	Net income	13	18	47	41	23	(4)	(176)	60	44	(265)
	Depreciation	5	6	8	10	20	62	257	37	61	516
Per share, $
Per share, $	Revenue	10.11	11.44	13.28	15.43	16.42	18.06	21.58	26.35	29.29	40.27
	Earnings	0.54	0.86	2.00	1.73	0.97	(0.17)	(7.04)	2.19	1.56	(5.40)
	Cash flow	(0.36)	2.98	1.14	1.05	3.60	(0.39)	0.46	0.56	(0.05)	(1.60)
	Capex	(0.39)	(0.41)	(0.38)	(0.47)	(0.47)	(0.90)	(0.59)	(0.90)	(0.81)	(1.76)
	Free cash flow	(0.75)	2.57	0.76	0.59	3.13	(1.29)	(0.14)	(0.34)	(0.86)	(3.35)
	Book value	16.57	17.43	19.55	21.42	25.45	24.64	22.00	30.24	31.64	89.64
	Shares, m	23	23	24	24	24	25	25	27	28	49
Valuation, ×
Valuation, ×	P/E	52.85	64.12	34.11	34.83	113.78	0.00	0.00	71.98	97.13	0.00
	P/S	2.82	4.77	5.16	3.91	6.72	4.75	4.71	6.06	5.17	4.84
	P/B	1.72	3.13	3.51	2.81	4.34	3.48	4.62	5.28	4.79	2.18
	EV/Sales	1.97	3.81	4.13	3.11	6.76	4.94	4.71	6.00	5.17	4.90
	EV/FCF	(25.23)	17.21	75.75	87.46	35.92	(67.13)	(583.02)	(467.91)	(165.58)	(58.27)
Cash, $m
Cash, $m	Operating cash flow	(8)	70	27	25	87	(10)	11	15	(1)	(78)
	Capex	(9)	(10)	(9)	(11)	(11)	(22)	(15)	(24)	(23)	(86)
	Free cash flow	(17)	60	18	14	75	(32)	(3)	(9)	(24)	(165)
Balance, $m
Balance, $m	Working capital	306	337	425	437	305	268	356	371	434	1,451
	Total debt	0	—	—	10	198	188	133	27	30	729
	Net debt	(200)	(257)	(323)	(292)	17	86	1	(46)	(11)	97
	Shareholders’ equity	382	409	463	510	612	608	551	823	887	4,400
Returns, %
Returns, %	ROA	3.11	3.94	9.66	7.51	3.08	(0.45)	(20.27)	6.48	4.08	(7.76)
	ROIC	7.11	12.52	15.17	13.55	4.30	(0.89)	(20.25)	5.78	2.91	(4.32)
	ROE	3.52	4.52	10.88	8.45	4.16	(0.69)	(30.40)	8.69	5.10	(10.03)

Negative figures in brackets.

All 10 years →

Fiscal years to Apr 2026 · latest quarter Jul 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
DRS Leonardo DRS, Inc.	$9.5B	28.8×	37.8×	+10.13% (above 0%: growing)	+65.00% (above 0%: growing)	+110.71% (above 0%: growing)	25.96%	11.17%	Compare
KTOS Kratos Defense & Security Solutions, Inc.	$7.8B	237×	313×	+30.53% (above 0%: growing)	0.00%	+12.42% (above 0%: growing)	21.82%	(0.35%)	Compare
AVAV AeroVironment, Inc.	$6.7B	— (loss-making)	172×	+5.68% (above 0%: growing)	n/m	+76.92% (above 0%: growing)	25.93%	(2.26%)
SARO StandardAero, Inc.	$6.6B	20.1×	21.8×	+4.63% (above 0%: growing)	+42.86% (above 0%: growing)	+263.74% (above 0%: growing)	16.80%	10.53%	Compare
HXL Hexcel Corporation	$6.4B	43.1×	40.7×	+8.04% (above 0%: growing)	+282.35% (above 0%: growing)	+625.00% (above 0%: growing)	26.09%	13.72%	Compare
LOAR Loar Holdings Inc.	$5.8B	85.9×	111×	+39.36% (above 0%: growing)	0.00%	+31.01% (above 0%: growing)	53.15%	24.39%	Compare
PL Planet Labs PBC	$5.8B	— (loss-making)	— (loss-making)	+58.14% (above 0%: growing)	n/m	−48.55% (below 0%: shrinking)	56.55%	(11.64%)	Compare
MRCY Mercury Systems Inc	$4.7B	— (loss-making)	239×	+6.11% (above 0%: growing)	−94.79% (below 0%: shrinking)	−15.93% (below 0%: shrinking)	30.57%	4.99%	Compare
VSEC VSE Corporation	$4.7B	51.2×	43.0×	+65.04% (above 0%: growing)	+513.33% (above 0%: growing)	+217.04% (above 0%: growing)	17.02%	10.90%	Compare
Median of peers	$6.1B	47.1×	43.0×	+20.33%	+42.86%	+70.86%	26.03%	10.72%

All 82 Aerospace & Defense stocks →

AeroVironment, Inc. (AVAV) key facts

Strength: AeroVironment, Inc.’s revenue for fiscal 2026 (year ended April 2026) was $2.0 billion, up 140.9% from fiscal 2025.
AeroVironment, Inc. (AVAV) is an Aerospace & Defense company in the Industrials sector, listed on Nasdaq.
As of October 13, 2026, AVAV traded at $127.13, a market capitalization of $6.5 billion.
Return on equity was −10.0% and debt-to-equity 0.17.
Its Piotroski F-score is 2 out of 9 and its Altman Z-score is 4.84 (safe zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.