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AVAV · Nasdaq · United States · Aircraft
In shortAeroVironment Inc is loss-making, burns cash and carries moderate debt, with revenue growing (+140.9% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -15.7% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -13.4% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -10.0% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -5.6% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 4.30× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.17× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -12.85× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 4.81 | 95/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -7.1% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 0 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 2 of 5 | 40/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 54.5% | 0/100 |
| Operating margin volatility | 17.4% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 54.1% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 446 | 541 | 717 | 821 | 1,977 |
| Cost of revenue | 304 | 367 | 433 | 502 | 1,476 |
| Gross profit | 141 | 174 | 284 | 319 | 501 |
| Research & development | 55 | 64 | 98 | 101 | 128 |
| Selling, general & admin | 96 | 132 | 114 | 159 | 443 |
| Operating income | (9.9) | (179) | 72 | 41 | (311) |
| Interest expense | – | – | – | – | 24 |
| Pre-tax income | (13) | (191) | 62 | 45 | (288) |
| Income tax | (10) | (15) | 1.9 | 0.9 | (23) |
| Net income | (4.2) | (176) | 60 | 44 | (265) |
| Diluted EPS | −$0.17 | −$7.04 | $2.18 | $1.55 | −$5.40 |
| Diluted shares (millions) | 25 | 25 | 27 | 28 | 49 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
4.81 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
2/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Aug 1, 2026 · Data updated Sep 10, 2026