Quarterly ResultJun 29, 2026, 04:13 PM
AeroVironment Q4 Revenue $641.6M, FY Revenue $1.98B; FY27 Outlook
AI Summary
AeroVironment reported record fourth-quarter revenue of $641.6 million, a 133% increase year-over-year, and record fiscal year 2026 revenue of $1.98 billion, up 141%. The company achieved record non-GAAP adjusted EBITDA of $140.1 million for Q4 and $286.1 million for the full year. Despite a GAAP net loss of $265.1 million for fiscal year 2026, largely due to non-cash acquisition-related expenses and goodwill impairment, the company secured $2.7 billion in bookings and ended the year with a funded backlog of $1.2 billion. AeroVironment also provided a positive outlook for fiscal year 2027, projecting revenue between $2.125 billion and $2.225 billion.
Key Highlights
- Q4 FY26 revenue reached a record $641.6 million, up 133% year-over-year.
- FY26 revenue hit a record $1.98 billion, a 141% increase year-over-year.
- FY26 GAAP net loss was $(265.1) million, or $(5.40) per diluted share.
- Q4 FY26 non-GAAP adjusted EBITDA was $140.1 million, up from $61.6 million.
- FY26 non-GAAP adjusted EBITDA was $286.1 million, up from $146.4 million.
- Funded backlog stood at $1.2 billion as of April 30, 2026.
- FY26 bookings totaled $2.7 billion, with a book-to-bill ratio of 1.4.
- FY27 revenue guidance set between $2.125 billion and $2.225 billion.
Price Impact
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