AeroVironment (AVAV) Earnings Dates, Call Summary & Reports

3,822 Followers

Earnings Data

Report Date

Jun 30, 2026

After Close (Confirmed)

Period Ending

2026 (Q4)

Consensus EPS Forecast

1.48

Last Year’s EPS

1.61

Same Quarter Last Year

Analyst Consensus

Strong Buy

Based on 15 Analysts Ratings

Earnings Call Summary

Q3 2026

Earnings Call Date:Mar 10, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call presents a cautiously optimistic picture: operational and market momentum is strong (record YTD awards, $1.1B funded backlog, robust organic growth, large IDIQ and task orders, manufacturing expansion, and commercialization plans for high-growth products). However, meaningful near-term headwinds remain, chiefly the SCAR stop-work and contract termination that produced a $151M goodwill impairment and a pro forma revenue decline in the Space segment, plus timing, shipping and funding delays that pushed revenue and high-margin sales into Q4. Management emphasizes confidence in record Q4 and FY2027 positioning, but near-term execution and backlog composition risks persist.

Company Guidance

Management revised FY‑2026 guidance to revenue of $1.85–$1.95 billion, adjusted EBITDA of $265–$285 million and non‑GAAP EPS of $2.75–$3.10, targeting full‑year adjusted EBITDA margins of ~14–15% and adjusted gross margins in the high‑20s to low‑30s (with Q4 gross margins expected in the low‑to‑mid‑30s); Q3 results that underpin the outlook were $408 million of revenue (38% organic YoY), $44 million of adjusted EBITDA (11% margin) and $0.64 of adjusted EPS, and management stated visibility to the midpoint of the revised guidance is ~98%. The guide is supported by a $1.1 billion funded backlog, roughly $3.0 billion of unfunded backlog (including ~$1.5 billion SCAR‑related), $4.6 billion of year‑to‑date awards, $649 million of cash and investments and a trailing‑12‑month revenue base of $1.6 billion; the company also recorded a $151 million non‑cash goodwill impairment tied to the SCAR stop‑work. Despite the SCAR change, leadership reiterated expectations for a record fourth quarter and strong FY‑2027 growth and highlighted capacity investments (a 140,000 sq ft Salt Lake City facility with potential >$2 billion annual Switchblade capacity, Titan manufacturing ramp >4x this year and >10x by FY2030) that underlie the revised guidance.

Record Order Flow and Backlog Growth

Funded backlog grew to $1.1 billion and year-to-date total awards reached a record $4.6 billion; funded backlog provides strong visibility into Q4 and FY2027 demand.

Strong Q3 Organic Revenue Growth

Reported Q3 revenue of $408 million; legacy AV organic growth of 38% year-over-year in the quarter (company noted revenue was +143% YoY as reported and +6% on a pro forma basis).

Revised FY'26 Guidance Reflects Continued Growth

Updated full-year revenue guidance raised to $1.85–$1.95 billion (midpoint ~12% pro forma growth over FY'25); adjusted EBITDA guidance set at $265–$285 million and non-GAAP EPS of $2.75–$3.10.

Major Contract Awards and Wins

Awarded a 5-year sole-source IDIQ worth $874 million for UAS and counter-UAS (FMS); received a $168 million U.S. Army task order for Switchblade 300 Block 20 and Switchblade 600 Block 2; additional $23 million Titan SV award from USMC; $96 million FE-1 award progressing toward flight testing.

Margin and Profitability Momentum (Non-GAAP)

Adjusted EBITDA for Q3 was $44 million (11% margin), up from $22 million in prior-year Q3; adjusted Q3 diluted EPS was $0.64 versus $0.30 prior-year.

Manufacturing Scale and Capacity Expansion

Progressing a 140,000 sq ft Salt Lake City facility expected to be operational in ~1 year with potential to produce >$2 billion of Switchblade or other AV products annually; Titan production to increase >4x this year and >10x by FY2030.

Space & Directed Energy Commercialization Progress

Delivered two JLTV-mounted LOCUST laser systems to U.S. Army; LOCUST and other SCD&E technologies (laser comms, laser gunsight) being transitioned to commercial product models to enable scalable production and improved margins; Golden Dome opportunity estimated at ~$0.5 billion over 3 years.

Operational Discipline and Synergies

Year-to-date realization of expected Year 1 synergies from the BlueHalo acquisition; adjusted SG&A of $61 million (15% of revenue) improved versus prior-year percentage and expected to fall to 13–14% by year-end.

AeroVironment (AVAV) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

AVAV Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jun 30, 2026	2026 (Q4)	1.48 / -	1.61	―	―	―
Mar 10, 2026	2026 (Q3)	0.68 / 0.64	0.3	113.33% (+0.34)
Dec 09, 2025	2026 (Q2)	0.78 / 0.44	0.47	-6.38% (-0.03)
Sep 09, 2025	2026 (Q1)	0.36 / 0.32	0.89	-64.04% (-0.57)
Jun 25, 2025	2025 (Q4)	1.38 / 1.61	0.43	274.42% (+1.18)
Mar 04, 2025	2025 (Q3)	0.48 / 0.30	0.63	-52.38% (-0.33)
Dec 04, 2024	2025 (Q2)	0.76 / 0.47	0.97	-51.55% (-0.50)
Sep 05, 2024	2025 (Q1)	0.62 / 0.89	1	-11.00% (-0.11)
Jun 26, 2024	2024 (Q4)	0.22 / 0.43	0.99	-56.57% (-0.56)
Mar 04, 2024	2024 (Q3)	0.33 / 0.63	0.33	90.91% (+0.30)

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
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%
Jun 25, 2025	$234.94	$272.37	+15.93%

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.