AeroVironment FY26 operating loss widens to $310.99 million; revenue more than doubles to $1.98 billion

AeroVironment, Inc.

AeroVironment, Inc.

AVAV

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  • AeroVironment posted a net loss of $265.12 million on revenue of $1.98 billion, which more than doubled from $820.63 million.
  • Operating results turned to a loss of $311 million, including a $240.71 million goodwill impairment tied to the Space reporting unit.
  • Gross margin narrowed to 25% from 39%, as cost of sales climbed to $1.48 billion, up 194%.
  • SG&A rose to $443.25 million, driven by higher intangible amortization and acquisition-related expenses tied to BlueHalo and ESAero.
  • Segment adjusted EBITDA totaled $286.06 million, with AxS at $288.65 million and SCDE at a loss of $2.6 million.


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