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Recent Updates — AVAV

September 9, 2026View Source ↗

AeroVironment reported first-quarter fiscal 2027 results ending August 1, 2026, with record revenue of $480.5 million, a 6% year-over-year increase driven by Autonomous Systems sales. Bookings totaled $0.7 billion with a book-to-bill ratio of 1.4, while funded backlog reached a record $1.5 billion, up 37% year-over-year. The company reported a GAAP net loss of $5.1 million ($0.10 per diluted share), significantly improved from the prior year's $67.4 million loss, aided by lower amortization and acquisition-related expenses. Non-GAAP adjusted EBITDA was $53.4 million, and non-GAAP EPS was $0.59. Management reaffirmed full-year fiscal 2027 revenue guidance of $2.125 billion to $2.225 billion and net income between $10 million and $27 million. AeroVironment is a defense technology company that develops and deploys autonomous systems, precision strike weapons, counter-UAS technologies, and space-based platforms for military customers.

July 29, 2026View Source ↗

AeroVironment, Inc. announced that Stephen F. Page will retire from its Board of Directors effective at the conclusion of his current term on September 24, 2026. Mr. Page has served on the board for 13 years and will continue in his roles on the Audit Committee and Nominating and Corporate Governance Committee until then. His departure is not due to any disagreement with management or auditors. AeroVironment operates in the defense technology industry, developing autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber capabilities.

June 29, 2026View Source ↗

On June 29, 2026, AeroVironment Inc. issued a press release and presentation announcing its fourth quarter fiscal 2026 financial results for the period ended April 30, 2026. The company operates in the defense and aerospace industry, specializing in the design and manufacture of unmanned aircraft systems.

June 22, 2026View Source ↗

AeroVironment, Inc. announced a material weakness in its internal control over financial reporting as of January 31, 2026, due to an error in the goodwill impairment analysis for its Space reporting unit. This error resulted in an understatement of net loss by $87.272 million for the three and nine months ended January 31, 2026, and required a restatement of previously issued financial statements. Additionally, directors David Wodlinger and Henry Albers resigned from the Board of Directors effective June 17, 2026. AeroVironment, Inc. operates in the aerospace and defense industry, providing unmanned aircraft systems and sensors for military and commercial use.