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AeroVironment AVAV Variable Lease Cost

Variable Lease Cost at other companies

LKQ logo
LKQLKQ
$32.75M0.0%
Jackson Financial logo
Jackson FinancialJXN
$1M0.0%
The J.M. Smucker Company logo
The J.M. Smucker CompanySJM
$5.4M-22.9%
Western Alliance Bancorporation logo
Western Alliance BancorporationWAL
$1.93M+28.3%
AeroVironment logo
AeroVironmentAVAV
$406.75K-3.0%
EAT
Brinker InternationalEAT
$18.9M+5.0%

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:VariableLeaseCost.

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 variable lease cost?
AeroVironment (AVAV) reported variable lease cost of $406.75K in Q1 2025.
How has AeroVironment's variable lease cost changed year-over-year?
AeroVironment's variable lease cost decreased by 3.0% year-over-year, from $419.5K to $406.75K.
What is the long-term trend for AeroVironment's variable lease cost?
Over 2 years (2023 to 2025), AeroVironment's variable lease cost has grown at a -5.5% compound annual growth rate (CAGR), from $1.82M to $1.63M.
What does variable lease cost mean?
Lease payments that are not fixed in amount but are based on an index, rate, or usage-based metric. These costs are expensed as incurred rather than capitalized as part of the right-of-use asset.