AeroVironment Inc reported fiscal 2026 revenue of $1.98B, up 140.9% from $820.63M a year earlier, while the company posted a net loss of ($265.12M) and diluted EPS of ($5.4) — results disclosed in its 10-K filing for the year ended 2026.
Financial Highlights
| MetricCurrent yearPrior yearYoY change | Revenue¹$1.98B$820.63M140.9% | Net income²($265.12M)$43.62M(707.8%) | Diluted EPS³($5.4)$1.55(448.4%) |
¹ Reported as “Revenue”. ² Reported as “Net (loss) income”. ³ Reported as “Diluted income per share”.
Business Highlights
- Revenue growth was driven largely by the completed acquisitions of BlueHalo and ESAero and higher product and service sales, including increased volume of LMS and Switchblade systems.
- Mix shifted toward services and higher-volume LMS/Switchblade production, which weighed on overall gross margin.
- Strong demand for LMS and MacCready Works products supported increased international and domestic orders.
- Management completed integration of the SCDE segment, expanded R&D and manufacturing capacity, and noted a goodwill impairment of $241M in the Space business tied to a contract cancellation.
Original SEC Filing:
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