AeroVironment Earnings Reports

AeroVironment, Inc. announced strong financial results for the second quarter of fiscal year 2026, with record revenue of $472.5 million, a 151% increase year-over-year. This growth was significantly boosted by the BlueHalo acquisition, which contributed $245.1 million, alongside a 21% increase in legacy revenue. The company also reported record bookings of $1.4 billion, resulting in a book-to-bill ratio of 2.9.

AeroVironment announced record first-quarter revenue of $454.7 million, a 140% increase year-over-year, largely due to the acquisition of BlueHalo. However, the company reported a net loss of $67.4 million, or $(1.44) per diluted share, primarily impacted by intangible amortization and acquisition-related expenses. Non-GAAP adjusted EBITDA increased to $56.6 million.

AeroVironment delivered a record Q4 driven by surging demand for its uncrewed and loitering munitions systems. Net income and adjusted EBITDA showed significant improvement despite a goodwill impairment charge.

AeroVironment posted Q3 2025 revenue of $167.6 million, down 10% year-over-year, primarily due to a 44% decline in Unmanned Systems revenue. The company recorded a net loss of $1.8 million, with non-GAAP EPS at $0.30. Despite challenges, funded backlog reached a record $763.5 million, reflecting strong future demand.

AeroVironment reported a 4% year-over-year increase in revenue, reaching a record $188.5 million for the second quarter. Net income was $7.5 million, and the funded backlog was $467.1 million. The company also announced an agreement to acquire BlueHalo.

AeroVironment reported a record first quarter revenue of $189.5 million, a 24% increase year-over-year. Net income for the quarter was $21.2 million, with non-GAAP EPS at $0.89. The company was awarded a U.S. Army Lethal Unmanned Systems IDIQ with a contract ceiling value of $990 million.

AeroVironment reported a 6% increase in revenue for the fourth quarter of fiscal year 2024, reaching a record $197.0 million. Net income for the quarter was $6.0 million, or $0.22 per diluted share. The company issued fiscal year 2025 revenue guidance of between $790 million and $820 million.

AeroVironment reported a record third quarter revenue of $186.6 million, a 39% increase year-over-year, with net income rising to $13.9 million. The company raised its fiscal year 2024 revenue guidance to between $700 million and $710 million.

AeroVironment reported a strong second quarter for fiscal year 2024, with revenue reaching $180.8 million, a 62% increase year-over-year. Net income significantly increased to $17.8 million, and adjusted EBITDA rose by 481% year-over-year. The company also raised its full-year revenue guidance, reflecting strong demand and the acquisition of Tomahawk Robotics.

AeroVironment reported a strong first quarter in fiscal year 2024, marked by a 40% increase in revenue compared to the previous year. The company's net income saw a substantial rise, and it achieved a record funded backlog, reflecting strong demand and successful bookings during the quarter. They are also raising full year guidance to reflect our improved outlook for the Company.

AeroVironment reported record Q4 revenue of $186 million, a 40% increase year-over-year. However, the company experienced a net loss of $160.5 million, or $(6.31) per diluted share, compared to a net income of $7.3 million, or $0.29 per diluted share in the prior-year period. The net loss was primarily due to a $156.0 million goodwill impairment charge related to the Medium UAS (MUAS) business.

AeroVironment reported a 49% increase in revenue to $134.4 million, driven by higher product sales, particularly in the Small UAS and Tactical Missile Systems segments. The company experienced a net loss of $0.7 million, but non-GAAP adjusted EBITDA reached $23 million. The funded backlog hit a record $413.9 million, indicating strong future demand.

AeroVironment reported second-quarter revenue of $111.6 million, a decrease of 9% compared to the previous year. The company experienced a net loss of $6.7 million, or $(0.27) per diluted share, compared to a net income of $2.5 million, or $0.10 per diluted share, in the second quarter of fiscal year 2022. Despite these results, AeroVironment raised its FY23 revenue guidance to between $505 million and $525 million, supported by strong bookings and a record funded backlog.

AeroVironment reported a 7% increase in first-quarter revenue, reaching $108.5 million. The company reaffirmed its fiscal year 2023 revenue guidance of $490 million to $520 million. Strong August bookings led to a record funded backlog of $307.6 million.

AeroVironment reported a decrease in revenue by 2% to $132.6 million compared to the fourth quarter of fiscal year 2021. The company's net income attributable to AeroVironment was $7.3 million, or $0.29 per diluted share.

AeroVironment reported a 14% increase in revenue for Q3 2022, reaching $90.1 million, driven by higher service revenue and acquisitions. However, the company faced challenges as gross margin decreased to 24% from 36%, and operating loss increased to $14.1 million. The company maintains its full year guidance.

AeroVironment reported a 32% increase in revenue for Q2 2022, reaching $122 million, driven by acquisitions in the MUAS and Unmanned Ground Vehicles segments. However, income from operations decreased by $10.6 million due to higher SG&A and R&D expenses.

AeroVironment reported a 16% year-over-year increase in first quarter revenue to $101 million. The company's diluted loss per share was $0.57, and non-GAAP diluted loss per share was $0.17. The company also achieved a record funded backlog of $257.7 million.

AeroVironment reported record fourth quarter revenue of $136.0 million and FY21 revenue of $394.9 million. The company closed two strategic acquisitions in the fourth quarter and a third in May 2021.

AeroVironment reported a 27% increase in revenue, reaching $78.8 million for the third quarter of fiscal year 2021. Diluted earnings per share increased to $0.01, and non-GAAP diluted earnings per share rose to $0.14.

AeroVironment reported an 11% increase in revenue to $92.7 million for the second quarter of fiscal year 2021. Earnings per diluted share were $0.09, while non-GAAP earnings per diluted share increased to $0.48. The company also announced the acquisition of Telerob GmbH to expand its product offerings.

AeroVironment reported a 1% increase in revenue, reaching $87.5 million, and diluted earnings per share of $0.42. The company's performance aligns with its fiscal year 2021 plans, despite the challenges posed by the COVID-19 pandemic.

AeroVironment's Q4 2020 results showed record revenue of $135.2 million, a 54% increase year-over-year, and diluted earnings per share of $0.73, up by 47 cents year-over-year. The company also achieved a record funded backlog of $208.1 million.

AeroVironment reported a decrease in revenue for the third quarter of fiscal year 2020, with a loss per share and a non-GAAP loss per share. The company's funded backlog was $126.0 million. Despite the quarterly loss, the company increased full year expectations for diluted earnings per share.