AeroVironment, Inc. (AVAV) FinancialsAVAVAeroVironment, Inc.

AeroVironment, Inc. (AVAV) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Firm fixed price(FFP), accounting for 78.5% of total sales, equivalent to $503.48M. Other significant revenue streams include Cost plus fixed fee(CPFF) and Time and materials(T&M). Understanding this composition is critical for investors evaluating how AVAV navigates market cycles within the Aerospace & Defense industry.

Evaluating the bottom line, AeroVironment, Inc. maintains a gross margin of 31.58%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 10.32%, while the net margin is -3.76%. These profitability ratios, combined with a Return on Equity (ROE) of -10.03%, provide a clear picture of how effectively AVAV converts its operational activities into shareholder value.

In the context of the broader market, AVAV competes directly with industry leaders such as HXL and JOBY. With a market capitalization of $9.80B, it holds a leading position in the sector. When comparing efficiency, AVAV's gross margin of 31.58% stands against HXL's 26.09% and JOBY's 26.76%. Such benchmarking helps identify whether AeroVironment, Inc. is trading at a premium or discount relative to its financial performance.

AeroVironment has shown fluctuating revenue and net income, with a notable drop in net income to common shareholders in recent quarters, including a loss of $156.55 million in Q3 2026. The gross margin has also declined to 31.58% in Q4 2026 from 39.07% in Q2 2025, indicating pressure on profitability.