# AeroVironment Inc. (AVAV)

**Exchange:** NASDAQ  
**Sector:** Industrials  
**Market cap:** $5.18B  
**Price:** $183.69 (+6.22%)

> AeroVironment Inc. is a defense technology company specializing in autonomous and robotic systems for government and commercial customers worldwide. The company focuses on uncrewed aircraft systems, including small and medium tactical drones, as well as loitering munitions that provide precision strike and real-time intelligence for modern defense operations. Its portfolio extends across air, land, sea, space, and cyber domains, encompassing counter-UAS solutions, electronic warfare systems, unmanned ground and maritime platforms, and high-altitude pseudo-satellites.

Through its Autonomous Systems and Space, Cyber and Directed Energy segments, AeroVironment develops and supports technologies such as autonomy and AI software, command-and-control solutions, digital beamforming antennas, laser communications, and phased-array systems for space and hypersonic applications. The company also offers cyber capabilities for national security use and an AI-powered open-source intelligence analytics platform for defense and commercial problem-solving. AeroVironment Inc., incorporated in 1971 and headquartered in Arlington, Virginia, plays a significant role in supplying integrated, mission-critical systems to U.S. and allied defense organizations.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $821M | $319M | $41M | — | — |
| 2024 | $717M | $284M | $72M | — | — |
| 2023 | $541M | $174M | -$179M | — | — |
| 2022 | $446M | $141M | -$10M | — | — |
| 2021 | $395M | $165M | $43M | — | — |
| 2020 | $367M | $153M | $47M | — | — |
| 2019 | $314M | $128M | $34M | — | — |
| 2018 | $271M | $108M | $30M | — | — |
| 2017 | $229M | $97M | $21M | — | — |
| 2016 | $234M | $106M | $20M | — | — |
| 2015 | $259M | $104M | $2M | — | — |
| 2014 | $252M | $94M | $12M | — | — |
| 2013 | $240M | $93M | $4M | — | — |
| 2012 | $325M | $129M | $43M | — | — |
| 2011 | $293M | $117M | $34M | — | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.12B | $234M | $887M | $41M | $30M |
| 2024 | $1.02B | $193M | $823M | $73M | $28M |
| 2023 | $825M | $274M | $551M | $133M | $135M |
| 2022 | $914M | $306M | $608M | $77M | $190M |
| 2021 | $929M | $316M | $612M | $149M | $200M |
| 2020 | $585M | $75M | $510M | $255M | — |
| 2019 | $509M | $46M | $463M | $173M | — |
| 2018 | $473M | $64M | $409M | $144M | — |
| 2017 | $433M | $51M | $382M | $80M | — |
| 2016 | $411M | $49M | $362M | $124M | — |
| 2015 | $397M | $49M | $349M | $143M | — |
| 2014 | $385M | $42M | $342M | $127M | — |
| 2013 | $362M | $46M | $315M | $75M | — |
| 2012 | $369M | $70M | $299M | $64M | — |
| 2011 | $332M | $68M | $263M | $62M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$1M | $23M | -$24M |
| 2024 | $15M | $23M | -$8M |
| 2023 | $11M | $15M | -$3M |
| 2022 | -$10M | $22M | -$32M |
| 2021 | $87M | $11M | $75M |
| 2020 | $25M | $11M | $14M |

Source: [CompaniesByCap](https://companiesbycap.com/company/AVAV)