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AeroVironment AVAV Space Cyber And Directed Energy — Depreciation Nonproduction

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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:DepreciationNonproduction.

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 itemAx SSCDETotal
Research and development24,1422,97027,112
Impairment of goodwill151,306151,306
Add:
Depreciation7,0693,70110,770
Amortization17,13926,72443,863
Impairment of goodwill151,306151,306
Acquisition-related expenses3,9142,9766,890
Amortization of cloud computing arrangement implementation1,6101,610

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is AeroVironment's space cyber and directed energy — depreciation nonproduction?
AeroVironment (AVAV) reported space cyber and directed energy — depreciation nonproduction of $3.7M in Q4 2025.
What does space cyber and directed energy — depreciation nonproduction mean?
This metric tracks the depreciation of non-production assets, such as office equipment, software, or facilities, allocated to the Space, Cyber, and Directed Energy segment. Unlike production depreciation, this relates to the administrative and support infrastructure of the segment. It is a non-cash expense that reflects the aging of the segment's corporate assets.

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