The financials
AeroVironment by the numbers
AeroVironment (AVAV) reported revenue of $642M in Q4 2026 (quarter ended April 30, 2026), up 133% from the same quarter a year earlier. That came with a gross margin of 32% and net income of $63M (9.8% of revenue). For the full year FY2026, revenue was $1.98B (+141% year on year) and net income −$265M. Its largest product in 2026-Q1 was Service at $130M, 34% of the disclosed total, just ahead of Uncrewed Aircraft Systems at 24%.
| Income statement | Q4 2026 | Q4 2025 | Change |
|---|---|---|---|
| Revenue | $642M | $275M | +133% |
| Gross profit | $203M | $100M | +102% |
| Operating income | $57M | $14M | +312% |
| Net income | $63M | $17M | +279% |
| Diluted EPS | $1.33 | $0.59 | +125% |
| Product | Revenue | Share |
|---|---|---|
| Service | $130M | 34% |
| Uncrewed Aircraft Systems | $90M | 24% |
| Cyber And Mission Solutions | $76M | 20% |
| Space And Directed Energy | $53M | 14% |
| Product And Service Other | $31M | 8.1% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $380.1M (-39%)
Service grew +367% year on yearProduct And Service Other +33% year on year
Segment Latestquarter on quarteryear on year
- Service$130.2M$130.2MQoQ -12%year on year +367%-12%+367%
- Uncrewed Aircraft Systems$89.8M$89.8MQoQ -year on year +50%-+50%
- Cyber And Mission Solutions$76.1M$76.1MQoQ -year on year ---
- Space And Directed Energy$53.2M$53.2MQoQ -year on year ---
- Product And Service Other$30.7M$30.7MQoQ -year on year +33%-+33%
- Autonomous Systems--QoQ -year on year ---
- Loitering Munition Systems Lms--QoQ -year on year ---
- Maccready Works Mw--QoQ -year on year ---
- Space Cyber And Directed Energy--QoQ -year on year ---
- Uxs--QoQ -year on year ---
Aerospace & Defense
Ranks #42 of 48 by Smart Score