Earnings summaries and quarterly performance for AeroVironment.
Executive leadership at AeroVironment.
Wahid Nawabi
Detailed
Chair, President and Chief Executive Officer
CEO
BT
Bradley Truesdell
Detailed
Executive Vice President and Chief Operating Officer
KM
Kevin McDonnell
Detailed
Executive Vice President and Chief Financial Officer
MB
Melissa Brown
Detailed
Executive Vice President, Chief Legal and Compliance Officer and Corporate Secretary
TS
Trace Stevenson
Detailed
President, Autonomous Systems
TF
Trip Ferguson
Detailed
President, Space, Cyber & Directed Energy
Board of directors at AeroVironment.
Research analysts who have asked questions during AeroVironment earnings calls.
Andre Madrid
BTIG
8 questions for AVAV
Also covers: AIRO, AMTM, ATI +10 more
LD
Louie DiPalma
William Blair
8 questions for AVAV
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GK
Greg Konrad
Jefferies Financial Group Inc.
6 questions for AVAV
Also covers: CAE, CDRE, KTOS +4 more
JS
Jonathan Siegmann
Stifel Financial Corp.
5 questions for AVAV
Also covers: BAH, CACI, HEI +7 more
PA
Peter Arment
Robert W. Baird & Co.
5 questions for AVAV
Also covers: AIN, BA, BWXT +20 more
Anthony Valentini
Goldman Sachs
4 questions for AVAV
Also covers: BETA, CAE, CME +4 more
Austin Moeller
Canaccord Genuity
4 questions for AVAV
Also covers: , ACHR, BAER +18 more
TW
Trevor Walsh
Citizens JMP
4 questions for AVAV
Also covers: AMTM, AXON, KTOS +10 more
Austin Bohlig
Needham & Company
3 questions for AVAV
Colin Canfield
Cantor Fitzgerald
3 questions for AVAV
Also covers: AIRO, AMTM, ASTS +10 more
Jan-Frans Engelbrecht
Baird
3 questions for AVAV
Also covers: BWXT, CACI, DRS +1 more
Kenneth Herbert
RBC Capital Markets
3 questions for AVAV
Also covers: , AIR, AMTM +24 more
PS
Peter Skibitski
Alembic Global Advisors
3 questions for AVAV
Also covers: BWXT, CW, HEI +9 more
AB
Austin Bollig
Needham
1 question for AVAV
CJ
Clarke Jeffries
Piper Sandler & Co.
1 question for AVAV
Also covers: AVDX, AZPN, BSY +10 more
GK
Gregory Konrad
Jefferies
1 question for AVAV
KE
Ken Erbert
RBC
1 question for AVAV
PS
Pete Skibitzky
Alembic Global Advisors
1 question for AVAV
Also covers: CW
Stephen Strackhouse
RBC Capital Markets
1 question for AVAV
Also covers: ASLE
SZ
Steve Zochowski
RBC Capital Markets
1 question for AVAV
Recent press releases and 8-K filings for AVAV.
AeroVironment Delivers JLTV-Mounted LOCUST Laser Weapon Systems to U.S. Army
AVAV
Product Launch
New Projects/Investments
- AeroVironment (AVAV) delivered two Joint Light Tactical Vehicle (JLTV)-mounted mobile C-UAS Laser Weapon Systems (LWS) to the U.S. Army.
- This delivery is part of the second increment of the Army Multi-Purpose High Energy Laser (AMP-HEL) prototyping effort, following a previous delivery in September.
- The systems feature the 20kW-class LOCUST LWS with a larger aperture beam director, designed to improve lethality.
- LOCUST-equipped systems have demonstrated high operational availability rates and have been deployed for over three years outside the United States, performing missions against UAS threats in real-world combat.
Dec 18, 2025, 2:10 PM
AeroVironment Reports Record Q2 FY26 Bookings and Revenue, Raises Full-Year Revenue Guidance
AVAV
Earnings
Guidance Update
New Projects/Investments
- AeroVironment (AVAV) reported strong Q2 Fiscal Year 2026 financial results, achieving record bookings of nearly $1.4 billion and record Q2 revenue of nearly $473 million.
- The company raised the lower end of its Fiscal Year 2026 revenue guidance, now expecting revenues between $1.95 billion and $2 billion, with 93% visibility to the midpoint of this range.
- AVAV secured significant new contracts, including awards with a total contract value of $3.5 billion, a $240 million contract for long-haul laser communication terminals, and a $499 million Helmsman award.
- Despite challenges from a U.S. government shutdown and operational inefficiencies, AVAV maintained its full-year adjusted EBITDA guidance of $300 million to $320 million and projects non-GAAP adjusted EPS between $3.40 and $3.55.
- Strategic highlights include the successful integration of BlueHalo, the launch of new AV Halo suite products, and a nearly $900 million sole-source IDIQ contract from the U.S. Army for international customers.
Dec 9, 2025, 9:30 PM
AVAV Reports Record Q2 FY2026 Revenue and Bookings, Raises Full-Year Revenue Guidance
AVAV
Earnings
Guidance Update
New Projects/Investments
- AVAV achieved record second quarter revenue of nearly $473 million and record bookings of nearly $1.4 billion in Q2 Fiscal Year 2026.
- The company secured significant new contract awards totaling $3.5 billion in Q2, including an $874 million IDIQ for international UAS sales and a $240 million contract for long-haul laser communication terminals.
- AVAV raised the lower end of its Fiscal Year 2026 revenue guidance, now projecting revenues between $1.95 billion and $2 billion.
- Despite operational challenges from a U.S. government shutdown and an ERP system upgrade, which impacted Q2 adjusted gross margins at 27%, the company anticipates improvement to the high 30s% by Q4.
Dec 9, 2025, 9:30 PM
AeroVironment Reports Record Q2 FY2026 Results and Raises Revenue Guidance
AVAV
Earnings
Guidance Update
New Projects/Investments
- AeroVironment (AVAV) achieved record Q2 Fiscal Year 2026 financial results, including nearly $473 million in revenue and nearly $1.4 billion in bookings, driven by new contract awards totaling $3.5 billion. The company ended the quarter with a $1.1 billion funded backlog and $2.8 billion unfunded backlog.
- The company updated its Fiscal Year 2026 guidance, raising the lower end of its revenue forecast to between $1.95 billion and $2 billion, with adjusted EBITDA guidance remaining between $300 million and $320 million. Non-GAAP adjusted EPS is now projected between $3.40 and $3.55.
- Key strategic wins include the P-550 being down-selected for the U.S. Army's Long-Range Reconnaissance Program, estimated to be worth approximately $1 billion, and an $874 million sole-source IDIQ contract from the U.S. Army for international sales of small UAS products. Additionally, AVAV secured a $240 million contract for long-haul laser communication terminals and a $499 million contract for the Helmsman program.
- To meet accelerating demand, AVAV is expanding its manufacturing capacity with a new 100,000 sq-ft facility in Salt Lake City, anticipated to be operational by late next calendar year, with the potential to produce over $2 billion worth of Switchblades or other products annually.
- Despite challenges from a U.S. government shutdown and operational inefficiencies related to an ERP system upgrade, which impacted Q2 adjusted gross margins to 27%, the company expects adjusted gross margins to improve to the high 30s% by Q4.
Dec 9, 2025, 9:30 PM
AVAV Announces Strong Q2 FY26 Results and Raises Revenue Guidance
AVAV
Earnings
Guidance Update
Revenue Acceleration/Inflection
- AVAV reported record second quarter revenue of nearly $473 million for Q2 FY26, primarily driven by strong sales in the Autonomous Systems (AxS) segment. The company's Non-GAAP diluted EPS for the quarter was $0.44, and Non-GAAP Adjusted EBITDA was $45.0 million.
- The company achieved record second quarter contract awards with a ceiling of $3.5 billion, bookings of nearly $1.4 billion, and reported a funded backlog of $1.1 billion and an unfunded backlog of $2.8 billion.
- AVAV raised the lower end of its fiscal year 2026 revenue guidance to between $1.95 and $2.0 billion. The company also provided FY26 guidance for Non-GAAP diluted EPS between $3.40 and $3.55 and Adjusted EBITDA between $300 million and $320 million.
Dec 9, 2025, 9:30 PM
AeroVironment Announces Fiscal 2026 Second Quarter Results
AVAV
Earnings
Guidance Update
M&A
- AeroVironment reported record second quarter revenue of $472.5 million for fiscal 2026, an increase of 151% year-over-year, with the BlueHalo acquisition contributing $245.1 million.
- The company experienced a net loss of $(17.1) million, or $(0.34) per diluted share, for the second quarter of fiscal 2026, compared to net income of $7.5 million, or $0.27 per diluted share, in the prior-year period.
- Bookings reached $1.4 billion with a book-to-bill ratio of 2.9, and funded backlog stood at $1.1 billion as of November 1, 2025.
- For the full fiscal year 2026, AeroVironment expects revenue between $1.95 billion and $2.0 billion, a net loss between $(38) million and $(30) million, and non-GAAP earnings per diluted share between $3.40 and $3.55.
Dec 9, 2025, 9:10 PM
AeroVironment Announces Fiscal 2026 Second Quarter Results
AVAV
Earnings
Guidance Update
M&A
- AeroVironment reported record second quarter revenue of $472.5 million for fiscal 2026, an increase of 151% year-over-year, with BlueHalo contributing $245.1 million.
- The company posted a net loss of $(17.1) million, or $(0.34) per diluted share, for Q2 fiscal 2026, primarily impacted by $48.2 million in intangible amortization and other non-cash purchase accounting expenses.
- Non-GAAP adjusted EBITDA increased to $45.0 million for Q2 fiscal 2026, up from $25.9 million in the prior-year period, with non-GAAP earnings per diluted share at $0.44.
- Bookings reached $1.4 billion with a book-to-bill ratio of 2.9, and funded backlog was $1.1 billion as of November 1, 2025.
- AeroVironment updated its fiscal year 2026 guidance, projecting revenue between $1.95 billion and $2.0 billion and non-GAAP adjusted EBITDA between $300 million and $320 million.
Dec 9, 2025, 9:06 PM
AeroVironment Awarded $874M Foreign Military Sales IDIQ
AVAV
New Projects/Investments
- AeroVironment (AV) has been awarded a five-year Indefinite Delivery, Indefinite Quantity (IDIQ) contract worth $874.26 million from the U.S. Army Contracting Command.
- This contract will support future foreign military sales (FMS), allowing allied and partner forces to procure AV's Groups 1-3 unmanned aerial systems (UAS) and counter-UAS (C-UAS) systems.
- The systems available under this IDIQ contract include specific variations of the JUMP 20™, P550™, Puma™, Raven™, and Titan C-UAS™, along with training, initial spares packages, and logistics support.
Dec 8, 2025, 9:52 PM
AeroVironment Secures U.S. Army Contract for P550 Drone
AVAV
New Projects/Investments
Revenue Acceleration/Inflection
- AeroVironment Inc (AVAV), in partnership with Parry Labs, has secured a three-year contract with the U.S. Army.
- The contract is initially valued at $13.2 million, with options that could raise the total to $42 million, for supplying the P550 uncrewed aircraft system for the Army's Long Range Reconnaissance (LRR) program.
- The P550 is an all-electric, high-performance UAS designed to deliver long-range intelligence, surveillance, reconnaissance (ISR), and lethal effects, featuring advanced AI, autonomous capabilities, and vertical take-off and landing (VTOL).
- Despite the strategic importance of this contract, AeroVironment faces challenges with profitability and financial efficiency.
Dec 8, 2025, 2:22 PM
AeroVironment Awarded U.S. Army Contract
AVAV
New Projects/Investments
Product Launch
- AeroVironment (AVAV), in partnership with Parry Labs, has been awarded a 3-year Other Transaction Agreement with an initial base contract value of $13.2 million.
- The contract is to provide the newly developed P550 uncrewed aircraft system (UAS) for the U.S. Army’s Long Range Reconnaissance (LRR) program.
- The total potential contract value, including additional options, is $42 million.
- The P550 UAS is an all-battery electric, high-performance system designed to deliver long-range intelligence, surveillance, and reconnaissance (ISR) capabilities and lethal effects.
Dec 8, 2025, 2:10 PM
Quarterly earnings call transcripts for AeroVironment.
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