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AeroVironment AVAV Service — Gross Profit

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Other financials

Income statement

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Revenue$641.6M+133%
Gross profit$202.6M+102%
Operating income$56.9M+312%
Net income$63.2M+279%
EPS (diluted)$1.25+112%

Balance sheet

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Cash & equivalents$377.3M+823%
Total debt$106.6M+65.7%
Total equity$574.5M-4.2%
Total assets$5.7B+410%

Cash flow

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Operating cash flow$173.8M+65,948%
CapEx-$46.1M-640%
Free cash flow$127.8M+1,554%

Valuation

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Market cap$8.51B-34.9%
Enterprise value$8.23B-37.7%
P/S4.3×-7.7×

Profitability

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Gross margin25.3%-13.5pp
Operating margin-11.2%-16.2pp
Net margin-9%-14.3pp
FCF margin-4.7%+6.6pp

Returns & leverage

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Return on equity-24.8%
Debt / equity0.3×-0.1×
Current ratio4.3×+0.8×

Where this comes from

Reported directly by AeroVironment in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The source filing: AeroVironment’s 10-Q, filed March 11, 2026.

Filed
Mar 11, 2026, 12:00 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-025979
Line itemThree Months Ended / January 31, 2026Three Months Ended / January 25, 2025Nine Months Ended / January 31, 2026Nine Months Ended / January 25, 2025
309,251104,4371,037,212327,273
Gross margin:
Product sales77,84158,752244,327196,916
Contract services20,9534,44753,69021,388
98,79463,199298,017218,304
Selling, general and administrative99,41443,788329,026115,499
Research and development27,11222,49896,21975,827
Impairment of goodwill151,306151,306

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is AeroVironment's service — gross profit?
AeroVironment (AVAV) reported service — gross profit of $20.95M in Q4 2025.
How has AeroVironment's service — gross profit changed year-over-year?
AeroVironment's service — gross profit increased by 371.2% year-over-year, from $4.45M to $20.95M.
What is the long-term trend for AeroVironment's service — gross profit?
Over 3 years (2022 to 2025), AeroVironment's service — gross profit has grown at a -9.7% compound annual growth rate (CAGR), from $41.15M to $30.26M.
What does service — gross profit mean?
This metric is the difference between service revenue and the direct costs of providing those services. It measures the profitability of the service segment before accounting for corporate overhead, research and development, or administrative expenses. It is a key indicator of the segment's ability to generate value from its service-based business model.

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