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CapEx at other companies

L3Harris Technologies logo
L3Harris TechnologiesLHX
$99M+67.8%
Lockheed Martin logo
Lockheed MartinLMT
$511M+12.6%
Northrop Grumman logo
Northrop GrummanNOC
$167M-34.8%
Booz Allen Hamilton logo
Booz Allen HamiltonBAH
$28M+12.0%
Leonardo DRS, Inc. logo
Leonardo DRS, Inc.DRS
$30M-6.3%
Crane Co. logo
Crane Co.CR
$10.7M-24.6%

Other financials

Income statement

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Revenue$408.0M+143%
Gross profit$98.8M+56.3%
Operating income-$179.0M-5,700%
Net income-$156.6M-8,825%
EPS (diluted)-$3.15-5,150%

Balance sheet

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Cash & equivalents$289.9M+517%
Total debt$826.0M+1,296%
Total equity$574.5M-4.2%
Total assets$5.5B+420%

Cash flow

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Operating cash flow-$5.1M+80.2%
Free cash flow-$17.7M+40.2%

Valuation

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Market cap$8.58B+174%
Enterprise value$9.12B+183%
P/S5.3×+1.1×

Profitability

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Gross margin24.7%-14.8pp
Operating margin-16.4%-20.9pp
Net margin-13.9%-18.4pp
FCF margin-14.2%-29.6pp

Returns & leverage

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Return on equity-24.8%
Debt / equity0.3×-0.1×
Current ratio5.5×+1.3×

Where this comes from

Reported directly by AeroVironment in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: AeroVironment’s 10-Q, filed March 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AeroVironment's capex?
AeroVironment (AVAV) reported capex of $12.6M in Q4 2025.
How has AeroVironment's capex changed year-over-year?
AeroVironment's capex increased by 227.6% year-over-year, from $3.85M to $12.6M.
What is the long-term trend for AeroVironment's capex?
Over 4 years (2021 to 2025), AeroVironment's capex has grown at a 19.3% compound annual growth rate (CAGR), from $11.26M to $22.82M.
What does capex mean?
Cash spent on purchasing or maintaining long-term physical assets.
How do you interpret capex?
High levels indicate aggressive investment in future growth, while low levels may suggest maintenance-only spending or capital efficiency.
How does capex compare across companies?
Varies by industry; capital-intensive sectors like aerospace typically show higher levels of investment.