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AeroVironment AVAV Effective Income Tax Rate Reconciliation Tax Credits Research

Effective Income Tax Rate Reconciliation Tax Credits Research at other companies

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0%
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-4.7%
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-3.6%
StoneX Group Inc. logo
StoneX Group Inc.SNEX
0.4%-0.1pp
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-5.6%
AeroVironment logo
AeroVironmentAVAV
13.3%+5.5pp

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%
CapEx$12.6M+228%
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:EffectiveIncomeTaxRateReconciliationTaxCreditsResearch.

The official record: AeroVironment’s 10-K, filed June 25, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is AeroVironment's effective income tax rate reconciliation tax credits research?
AeroVironment (AVAV) reported effective income tax rate reconciliation tax credits research of 13.3% in Q1 2025.
What does effective income tax rate reconciliation tax credits research mean?
This metric measures the reduction in the company's effective tax rate attributable to research and development tax credits. It highlights the company's ability to leverage government incentives to offset tax liabilities through innovation and technological investment. This is a key indicator of how much the company's R&D spending is subsidized by tax policy.