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Earnings Data
Report Date
Sep 09, 2026After Close (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
0.28Last Year’s EPS
0.32Same Quarter Last Year
Strong Buy
Based on 15 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted strong operational and financial momentum: record Q4 and full‑year revenue, substantial bookings and backlog, margin expansion in product sales, major contract wins, and aggressive capacity investments to capture rising demand across lethal/unlethal drones, counter‑UAS and directed energy. Notable challenges include the SCAR termination and related $89M goodwill impairment with a disclosed material weakness, softness and funding delays in cyber/mission services, compressed service margins and temporary cash flow pressure due to elevated CapEx. Overall, the positive growth, bookings, product milestones and forward guidance materially outweigh the lowlights, though the company faces near‑term timing and execution risks tied to government funding and integration controls.Company Guidance
Record Quarterly and Full‑Year Revenue
Reported record Q4 revenue of $642 million and record fiscal year 2026 revenue of nearly $2.0 billion; organic revenue growth of ~30% year‑over‑year for both the quarter and full year.
Strong Profitability and EBITDA Outperformance
Q4 adjusted EBITDA of $140 million (22% of revenue) and full‑year adjusted EBITDA of $286 million (14% margin), which exceeded the high end of the company’s revised guidance.
Robust Bookings and Backlog
Q4 bookings of $572 million and total fiscal year bookings of $2.7 billion; funded backlog closed at $1.2 billion and unfunded backlog at $1.5 billion (note: SCAR excluded).
Earnings Per Share Above Guidance
Full‑year non‑GAAP adjusted EPS of $3.31 per share, above the higher end of the company’s guidance range and slightly up from prior year ($3.28).
Portfolio Wins and Contract Awards
Key contract wins including a $117M P550 LRR award, $17M Red Dragon production contract, nearly $15M Vapor 55 CLE award, $240M long‑haul laser comm contract, $43M PANTHER contract and multiple additional awards across programs.
Product and Capability Momentum
Launches and progress for Switchblade 400, Mayhem 10, Red Dragon and expansion of Switchblade manufacturing (Salt Lake City facility potential >$2B annual capacity); Titan RF counter‑UAS sales more than doubled (pro forma).
Directed‑Energy and Demonstration Successes
LOCUS/Locust directed‑energy system achieved key milestones including a maritime demonstration aboard USS George H.W. Bush with 100% success rate; FAA cleared directed energy operation in domestic airspace; $30M Albuquerque investment to expand LOCUS manufacturing.
Balance Sheet and Cash Position Strength
Cash and investments of $713 million at quarter end; Q4 free cash flow of $73 million (first positive free cash flow quarter since Q1 FY25); net leverage ~1.2x adjusted EBITDA.
Fiscal 2027 Growth Guidance
Fiscal 2027 revenue guidance of $2.13–$2.23 billion (≈10% growth at midpoint) with adjusted EBITDA guidance $305–$325 million and non‑GAAP EPS $3.02–$3.34, supported by planned capacity expansion and product demand.
Strategic Investments to Scale
Planned FY27 investments: R&D targeted at 7–9% of revenue and CapEx 12–14% of revenue to expand production capacity (Salt Lake City, Huntsville, Albuquerque, Dayton) to meet anticipated demand.
AVAV Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AVAV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 29, 2026 | $139.00 | $165.07 | +18.76% |
Mar 10, 2026 | $221.57 | $207.73 | -6.25% |
Dec 09, 2025 | $281.42 | $245.25 | -12.85% |
Sep 09, 2025 | $230.99 | $247.05 | +6.95% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does AeroVironment, Inc. (AVAV) report earnings?
AeroVironment, Inc. (AVAV) is schdueled to report earning on Sep 09, 2026, After Close (Confirmed).
What is AeroVironment, Inc. (AVAV) earnings time?
AeroVironment, Inc. (AVAV) earnings time is at Sep 09, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AVAV EPS forecast?
AVAV EPS forecast for the fiscal quarter 2027 (Q1) is 0.28.
