Company Analysis

AeroVironment, Inc. (AVAV)

Nasdaq: AVAV · Aircraft · Arlington, VA · filing with the SEC since 2006
Grade5.7
◀ Past 6.1● Present 6.0▶ Future 4.9
2 est.

The grade of AeroVironment, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.7/10
◀ Past6.130% of the headline
● Present6.040% of the headline
▶ Future4.930% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 7 read as filed from the record and 2 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.1/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
3.0/10

Has it survived what it has been through?

2 warning events since 2017; the latest 2026-06-22.

weight 33% of this tense · 30th percentile among 15 sector filers · read for itself

From the record

AeroVironment, Inc.'s filings since 2017 show 2 warning events of 2 kinds: a warning not to rely on past financial statements (8-K item 4.02, the latest 2026-06-22); an auditor change (8-K item 4.01, the latest 2019-04-22) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
8.8/10

What has it actually done, year after year?

+66.1% a year over 3 filed years; profitable in 2 of 3.

weight 45% of this tense · 88th percentile among 10 sector filers · read for its customers

From the record

AeroVironment, Inc.'s 3 filed years say what it did: revenue went from $717 million in fiscal 2024 to $2.0 billion in fiscal 2026, up 66.1% a year; it rose in 2 of 2 years; it never fell from a peak; net income was positive in 2 of 3 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span66.1%top 6% of its family
  • the share of years revenue rosetop 17% of its family
  • the share of filed years with a profittop 5% of its family
  • the deepest fall from a revenue peak0.0%top 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
5.4/10

How has it treated the people who own it?

SI estimate 5.4/10, confidence 35 of 100 (one part).

weight 22% of this tense · 54th percentile among 14 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 46% of 14 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 14 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: AeroVironment, Inc.'s shareholder treatment is put at 5.4 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 46% of 14 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

6.0/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.2/10

Is it financially healthy right now?

ROE -6%: lost 6¢ per shareholder dollar. Leverage 23%: owes 23¢ per asset dollar.

weight 45% of this tense · 52nd percentile among 14 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-04-30, AeroVironment, Inc. lost about 6 cents for every dollar of shareholders' money, and gross profitability: its products earned about 9 cents per dollar of everything the company owns. Leverage: it owed about 23 cents per dollar of assets, and net share issuance: its share count grew 74.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 46% of its family
  • return on equitytop 27% of its family
  • gross profit against assetstop 35% of its family
  • the share count against the year beforebottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
8.0/10

How strong is its position in its industry?

top 20% of 12 in its family; net margin -13.4%.

weight 33% of this tense · 80th percentile among 12 sector filers · read for its customers

From the record

AeroVironment, Inc.'s standing among 12 graded names in its industry family: revenue of $2.0 billion in fiscal 2026 ranks in the top 25% by size; a net margin of -13.4% ranks in the top 29%; revenue growth of 66.1% a year over the last 2 filed years ranks in the top 5% (its annual reports).

What it rests on

  • revenue against the family$1.98Btop 25% of its family
  • net margin-13.4%top 29% of its family
  • three-year revenue growth66.1%top 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.4/10

What are the people in charge doing?

bottom 44% of 7 in its family for leadership; chief executive since 2016.

weight 22% of this tense · 44th percentile among 7 sector filers · read for its shareholders

From the record

AeroVironment, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Nawabi, Wahid (Chair, President and CEO, as filed), filing under that title since 2016-07-14, 10.3 years (top 7% of its family); the 18 officers and directors filing in the last fifteen months have been on the record a median of 3.4 years (bottom 25%); 13 officer or director changes were reported on Form 8-K since 2023-11-13, against the 18 people in charge now (bottom 14%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge13 in three years among 18 peoplebottom 14% of its family
  • the median years the people in charge have filed3.4 yearsbottom 25% of its family
  • the chief executive's years on the record10.3 yearstop 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.9/1030% of the headline grade · 2 of 3 filed, 1 estimated

Room to expand

as filed
3.9/10

How much room does it have to grow?

bottom 39% of 11 in its family for room to expand.

weight 45% of this tense · 39th percentile among 11 sector filers · read for itself

From the record

AeroVironment, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $377 million against debt of $748 million leaves -6.5% of its assets as net cash, bottom 19% of its family; cash from operations less capital spending is -7.1% of revenue (top 23%); a gross margin of 25.3% (bottom 35%); research spending of 6.5% of revenue (bottom 23%) (its annual report).

What it rests on

  • cash less debt against assets-6.5%bottom 19% of its family
  • cash from operations less capital spending against revenue-7.1%top 23% of its family
  • gross margin25.3%bottom 35% of its family
  • research spending against revenue6.5%bottom 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.8/10

What could actually drive growth from here?

top 42% of 10 in its family for growth drivers.

weight 33% of this tense · 58th percentile among 10 sector filers · read for its customers

From the record

AeroVironment, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 66.1% a year over the last three filed years against 66.1% over all 3, speeding up (top 50% of its family); the newest year grew 141% (top 28%); research spending grew 25.7% a year (top 45%); capital spending grew 61.4% a year (top 45%) (its annual reports). AeroVironment, Inc. reported 2 lines of business in fiscal 2026: Autonomous Systems at $1.4 billion (69%), Space Cyber and Directed Energy at $619 million (31%); 1 of 1 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 50% of its family
  • the newest year's revenue growth141.0%top 28% of its family
  • three-year growth of research spending25.7%top 45% of its family
  • three-year growth of capital spending61.4%top 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

SI estimate
5.7/10

Did its newest year beat what its own record pointed to?

SI estimate 5.7/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 6 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 6 members with one.
What the record cannot read
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change.
How it was reasoned
family median, 6 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: AeroVironment, Inc.'s expectations vs reality is put at 5.7 of 10 with a confidence of 20 of 100, because the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 6 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton AVAV · research, not advice