AVAV
AeroVironment Inc
NASDAQ: AVAV · INDUSTRIALS · AEROSPACE & DEFENSE
$183.50
-4.60% today
Updated 2026-04-29
Market cap
$9.29B
P/E ratio
—
P/S ratio
5.77x
EPS (TTM)
$-4.35
Dividend yield
—
52W range
$154 – $418
Volume
1.7M
AeroVironment Inc (AVAV) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $139.36M | $173.72M | $215.75M | $247.66M | $249.52M | $292.50M | $325.01M | $240.15M | $251.70M | $259.40M | $233.74M | $233.10M | $268.42M | $314.27M | $367.30M | $394.91M | $445.73M | $540.54M | $716.72M | $820.63M |
| Revenue growth (YoY) | — | +24.7% | +24.2% | +14.8% | +0.7% | +17.2% | +11.1% | -26.1% | +4.8% | +3.1% | -9.9% | -0.3% | +15.2% | +17.1% | +16.9% | +7.5% | +12.9% | +21.3% | +32.6% | +14.5% |
| Cost of revenue | $82.60M | $105.24M | $137.20M | $159.06M | $152.69M | $175.35M | $195.68M | $147.62M | $158.09M | $155.13M | $127.86M | $135.68M | $160.74M | $185.87M | $214.19M | $230.35M | $304.50M | $367.02M | $432.79M | $497.69M |
| Gross profit | $56.76M | $68.48M | $78.55M | $88.60M | $96.83M | $117.15M | $129.33M | $92.54M | $93.61M | $104.27M | $105.87M | $97.43M | $107.69M | $128.40M | $153.10M | $164.56M | $141.24M | $173.51M | $283.93M | $322.94M |
| Gross margin | 40.7% | 39.4% | 36.4% | 35.8% | 38.8% | 40.1% | 39.8% | 38.5% | 37.2% | 40.2% | 45.3% | 41.8% | 40.1% | 40.9% | 41.7% | 41.7% | 31.7% | 32.1% | 39.6% | 39.4% |
| R&D | $16.10M | $13.94M | $16.44M | $21.80M | $24.51M | $35.77M | $30.98M | $63.71M | $44.16M | $71.27M | $69.83M | $58.23M | $67.48M | $94.99M | $54.58M | $105.16M | $113.74M | $134.97M | $159.87M | $158.76M |
| SG&A | $24.34M | $24.04M | $33.66M | $34.25M | $42.43M | $47.43M | $55.28M | $51.28M | $52.06M | $54.91M | $49.83M | $46.63M | $49.28M | $55.05M | $59.39M | $59.84M | $95.05M | $96.82M | $112.09M | $158.40M |
| Operating income | $16.32M | $30.50M | $28.44M | $32.55M | $29.89M | $33.95M | $43.08M | $3.80M | $12.42M | $2.01M | $20.07M | $20.77M | $30.43M | $33.83M | $47.13M | $43.31M | $-9.89M | $-178.66M | $71.82M | $40.80M |
| Operating margin | 11.7% | 17.6% | 13.2% | 13.1% | 12.0% | 11.6% | 13.3% | 1.6% | 4.9% | 0.8% | 8.6% | 8.9% | 11.3% | 10.8% | 12.8% | 11.0% | -2.2% | -33.1% | 10.0% | 5.0% |
| EBITDA | $17.85M | $33.40M | $32.29M | $39.15M | $38.87M | $44.55M | $52.05M | $14.74M | $24.96M | $10.82M | $24.63M | $27.16M | $37.43M | $45.89M | $56.19M | $69.54M | $51.88M | $61.20M | $109.45M | $104.39M |
| EBITDA margin | 12.8% | 19.2% | 15.0% | 15.8% | 15.6% | 15.2% | 16.0% | 6.1% | 9.9% | 4.2% | 10.5% | 11.6% | 13.9% | 14.6% | 15.3% | 17.6% | 11.6% | 11.3% | 15.3% | 12.7% |
| EBIT | $15.85M | $30.50M | $28.44M | $33.80M | $29.89M | $33.95M | $43.08M | $3.80M | $15.81M | $2.45M | $20.77M | $22.10M | $31.45M | $38.22M | $46.30M | $50.28M | $-8.95M | $11.94M | $73.70M | $63.39M |
| Interest expense | $0.00 | $6000.00 | $1000.00 | $1.24M | $195000.00 | $277000.00 | $462000.00 | $726000.00 | $855000.00 | $882000.00 | $1.03M | $1.62M | $2.24M | $18.25M | $213000.00 | $618000.00 | $5.44M | $9.37M | $4.22M | $2.19M |
| Income tax | $4.85M | $11.48M | $10.85M | $9.55M | $9.37M | $8.32M | $13.09M | $347000.00 | $1.18M | $-1.00M | $2.98M | $4.76M | $9.80M | $4.64M | $5.85M | $539000.00 | $-10.37M | $-14.66M | $1.89M | $882000.00 |
| Effective tax rate | 29.8% | 35.7% | 33.7% | 28.3% | 31.1% | 24.3% | 30.1% | 3.2% | 7.9% | -52.9% | 25.0% | 26.6% | 35.4% | 8.9% | 12.5% | 2.3% | 71.2% | 7.7% | 3.1% | 2.0% |
| Net income | $11.41M | $20.72M | $21.39M | $24.25M | $20.72M | $25.91M | $30.45M | $10.43M | $13.72M | $2.90M | $8.97M | $13.10M | $17.86M | $47.44M | $41.07M | $23.33M | $-4.19M | $-176.21M | $59.67M | $43.62M |
| Net income growth (YoY) | — | +81.6% | +3.2% | +13.4% | -14.6% | +25.1% | +17.5% | -65.8% | +31.6% | -78.9% | +209.7% | +46.1% | +36.4% | +165.6% | -13.4% | -43.2% | -118.0% | -4107.5% | +133.9% | -26.9% |
| Profit margin | 8.2% | 11.9% | 9.9% | 9.8% | 8.3% | 8.9% | 9.4% | 4.3% | 5.5% | 1.1% | 3.8% | 5.6% | 6.7% | 15.1% | 11.2% | 5.9% | -0.9% | -32.6% | 8.3% | 5.3% |