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AeroVironment AVAV Non Cash Lease Expense

Non Cash Lease Expense at other companies

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$1.59M+28.9%
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$17M0.0%
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SQ
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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 avav:NonCashLeaseExpense.

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 non cash lease expense?
AeroVironment (AVAV) reported non cash lease expense of -$2.54M in Q1 2025.
How has AeroVironment's non cash lease expense changed year-over-year?
AeroVironment's non cash lease expense increased by 2.3% year-over-year, from -$2.6M to -$2.54M.
What is the long-term trend for AeroVironment's non cash lease expense?
Over 3 years (2022 to 2025), AeroVironment's non cash lease expense has grown at a 14.3% compound annual growth rate (CAGR), from -$6.81M to -$10.16M.
What does non cash lease expense mean?
The non-cash portion of lease costs recognized as an expense over the life of a lease agreement.
How do you interpret non cash lease expense?
Changes generally track the company's lease portfolio size and duration rather than operational performance, though it helps in understanding the true cash impact of lease obligations.
How does non cash lease expense compare across companies?
Standard for any company with significant real estate or equipment lease obligations.