AeroVironment Inc NASDAQ:AVAV Price, Chart, News & Insight

NASDAQ:AVAV

AeroVironment (AVAV) Stock Soars 21% Premarket After Record Earnings, Revenue Surge, and Strong 2027 Outlook

AeroVironment (NASDAQ: AVAV) stock jumped more than 21% in premarket trading on Tuesday after reporting record fiscal fourth-quarter and full-year results, fueled by surging demand for autonomous defense systems and contributions from recent acquisitions.

Record Revenue Driven by Defense Demand

Fourth-quarter revenue climbed 133% year over year to $641.6 million, while fiscal 2026 revenue reached a record $1.98 billion, up 141% from the previous year.

Growth was supported by strong demand across autonomous systems and meaningful contributions from the BlueHalo and Empirical Systems Aerospace acquisitions, which expanded the company's capabilities in counter-UAS, space, cyber, and directed energy technologies.

Earnings More Than Double

Net income rose to $63.2 million, or $1.25 per diluted share, from $16.7 million, or $0.59 per share, a year earlier.

Adjusted earnings also improved, with adjusted EPS increasing to $1.84 from $1.61, while adjusted EBITDA surged to $140.1 million from $61.6 million.

Backlog Signals Continued Growth

One of the strongest takeaways from the report was AeroVironment's expanding order book.

Fiscal 2026 bookings: $2.7 billion
Book-to-bill ratio: 1.4x
Funded backlog: $1.2 billion, up from $726.6 million a year ago

The growing backlog provides strong revenue visibility as governments continue increasing investments in drones, counter-drone systems, and advanced defense technologies.

AeroVironment Issues Fiscal 2027 Guidance

The company expects:

Revenue: $2.125B–$2.225B
Adjusted EBITDA: $305M–$325M
Adjusted EPS: $3.02–$3.34

Management noted that reported GAAP earnings will continue to be affected by acquisition-related amortization expenses following the BlueHalo acquisition.

Why AVAV Stock Is Rising Today

Investors reacted positively to several catalysts:

Record quarterly and annual revenue
Triple-digit sales growth
Strong adjusted earnings
$2.7 billion in new bookings
Record funded backlog
Positive fiscal 2027 guidance
Continued strength in defense spending and autonomous systems demand

CEO Wahid Nawabi described fiscal 2026 as a transformational year, citing successful integration of acquisitions and growing opportunities across global defense markets.

With defense budgets expanding worldwide and demand for autonomous military technologies continuing to accelerate, investors view AeroVironment as one of the key beneficiaries of the long-term modernization trend.

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WS Investor 06-30-26

AeroVironment, Inc disclosed that, on January 16, 2026, the U.S. Government issued a stop work order on its Other Transaction Agreement related to the delivery of BADGER phased array antenna systems for the SCAR program. The pause allows both parties to negotiate an amended agreement under new program requirements, which is expected to be structured as a firm-fixed price contract. AeroVironment stated it expects to continue delivering capabilities and products for the SCAR program.

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WS Investor 01-20-26

AeroVironment announced it signed a long-term lease for a 130,733-square-foot facility in West Valley City, Utah. The lease runs for roughly 10.5 years, with starting monthly rent of about $146,000 that escalates annually, and includes two five-year extension options at market rates.

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The Investor 12-24-25

AeroVironment Reports Record Fiscal Q2 Revenue Driven by BlueHalo Acquisition

AeroVironment Inc. (NASDAQ: AVAV) announced fiscal 2026 second-quarter results, posting record revenue of 472.5 million dollars for the period ended November 1, 2025. Revenue rose 151 percent year over year, supported by strong organic performance and the company’s recent BlueHalo acquisition.

BlueHalo contributed 245.1 million dollars in the quarter, while legacy AeroVironment operations generated 227.4 million dollars, up 21 percent from the prior year. Quarterly bookings reached 1.4 billion dollars, resulting in a book-to-bill ratio of 2.9.

Segment results showed 301.6 million dollars in revenue from Autonomous Systems and 170.9 million dollars from Space, Cyber and Directed Energy. Gross margin increased to 104.1 million dollars, though the gross margin rate declined to 22 percent from 39 percent due to a higher mix of service revenue and 24.2 million dollars of amortization and non-cash purchase accounting expenses tied to the BlueHalo acquisition.

The company reported a loss from operations of 30.2 million dollars versus operating income of 7.0 million dollars a year earlier, driven by higher SG&A and R&D expenses and 48.2 million dollars in total amortization and purchase accounting impacts. Net loss for the quarter was 17.1 million dollars, or 0.34 dollars per diluted share, compared with net income of 7.5 million dollars, or 0.27 dollars per diluted share, in the prior-year period.

Non-GAAP adjusted EBITDA was 45.0 million dollars, while non-GAAP earnings per diluted share were 0.44 dollars. Funded backlog increased to 1.1 billion dollars, up from 726.6 million dollars at the end of April 2025.

Leadership highlighted record bookings, long-term contract momentum and strong demand for integrated defense technologies as key drivers of growth.

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Global Finance News 12-10-25

AeroVironment Closes Full Over-Allotment Option in Recent Stock Offering, Raises $126.3 Million Net

AeroVironment, Inc. (NASDAQ: AVAV) announced that it has completed the sale of 529,234 additional shares of its common stock pursuant to the underwriters' full exercise of the over-allotment option tied to its previously disclosed public offering.
• The additional shares were sold at $248.00 per share, consistent with the initial offering price.
• Gross proceeds from the over-allotment amounted to $131.3 million, with net proceeds of approximately $126.3 million after underwriting discounts and offering expenses.

The original offering of 3,528,226 shares was completed on July 3, 2025, bringing the total number of shares sold to 4,057,460 and boosting the company’s available capital for strategic initiatives, operations, or potential acquisitions.

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Global Finance News 07-16-25

AeroVironment Raises $747.5 Million via Convertible Notes and Common Stock Offering

On July 3, 2025, AeroVironment, Inc. completed two major capital-raising transactions:
1. Equity Offering: The company issued 3,528,226 shares of its common stock to underwriters, with an additional 529,234 shares available through a 30-day option.
2. Convertible Notes Offering: AeroVironment also issued $747.5 million in 0% Convertible Senior Notes due 2030. The initial issuance was $650 million, with underwriters exercising an option to purchase an additional $97.5 million. The notes are senior, unsecured obligations and are convertible at an initial price of approximately $322.40 per share.

The proceeds will likely enhance AeroVironment’s strategic and financial flexibility. The notes mature on July 15, 2030, and are convertible under specific conditions, with no regular interest payments unless reporting defaults occur.

Both offerings were made under separate underwriting agreements and governed by an indenture between AeroVironment and U.S. Bank Trust Company.

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Global Finance News 07-04-25

AeroVironment, Inc. Amends Lease Agreement for Simi Valley Facility, Removes Early Termination Clause

ARLINGTON, VA – April 7, 2025 – AeroVironment, Inc. (NASDAQ: AVAV), a global leader in multi-domain robotic systems, announced via a Form 8-K filing that it has executed a Fourth Amendment to its lease agreement for its facility located at 900 Innovators Way, Simi Valley, California.

The amendment, signed on April 2, 2025, formally confirms the mutual understanding between AeroVironment and its landlord, Hillside III, LLC, that the early termination right previously available to the company has been removed. This understanding was initially discussed prior to the execution of the Third Lease Amendment in October 2024 but has now been formally incorporated into the lease contract.

This change signifies a longer-term operational commitment by AeroVironment to the Simi Valley property, which serves as a key location for its technology development and production capabilities.

Key Details:

Property Address: 900 Innovators Way, Simi Valley, CA 93065

Leaseholder: AeroVironment, Inc.

Landlord: Hillside III, LLC

Amendment Type: Fourth Amendment

Effective Date: April 2, 2025

Key Change: Removal of early termination right

The company has filed the Fourth Amendment as Exhibit 99.1 to its Form 8-K dated April 2, 2025.

About AeroVironment, Inc.
AeroVironment, Inc. is a technology solutions provider at the forefront of unmanned aircraft systems (UAS), tactical missile systems, and advanced robotic platforms. Headquartered in Arlington, Virginia, the company serves both defense and commercial customers with innovative, mission-critical solutions.

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ME NEWS 04-08-25

06-30-26Global Finance News

09-19-25WS News

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