Every 10-Q that AeroVironment, Inc. (AVAV) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AVAV and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AVAV filings page.
AeroVironment, Inc. (AVAV) reported fiscal Q1 2027 revenue of $480.5 million, up from $454.7 million a year earlier, driven by growth in product sales and contract services across its AxS and SCDE segments. Loss from operations narrowed sharply to $10.9 million from $69.3 million, and net loss improved to $5.1 million compared with $67.4 million.
Total assets were $5.73 billion, including $278.4 million of cash and cash equivalents and $396.6 million in short- and long-term investments. The company carries $747.5 million of 0% Convertible Senior Notes due 2030 and stockholders’ equity of $4.40 billion. Operating cash flow turned positive at $13.5 million versus a use of $123.7 million in the prior-year quarter.
AeroVironment closed the acquisition of Empirical Systems Aerospace (ESAero) in March 2026 for preliminary consideration of $177.9 million, adding to its AxS segment, and continues integrating the larger BlueHalo acquisition completed in May 2025. Funded backlog was $1.46 billion as of August 1, 2026, with about 78% expected to convert to revenue in fiscal 2027. Subsequent to quarter-end, the company purchased a new Southern California campus for $29.3 million for research, engineering, manufacturing and administrative use.
AeroVironment, Inc. filed an amended quarterly report to restate its unaudited results for the three and nine months ended January 31, 2026 after finding an error in the goodwill impairment analysis for its Space reporting unit. The correction increased the goodwill impairment charge by $89.4 million to $240.7 million, raising the nine‑month net loss to $328.3 million, or $6.73 per share, and reduced goodwill and total stockholders’ equity by the same $89.4 million and $87.3 million amounts, respectively.
Despite the loss, the business expanded sharply. Revenue rose to $408.0 million for the quarter and $1.34 billion for the nine months, supported by the May 2025 acquisition of BlueHalo, which added significant intangibles and goodwill and lifted total assets to $5.36 billion. The company closed a $3.48 billion BlueHalo transaction, issued 17.4 million shares as part of the consideration, raised about $1.01 billion in common equity and issued $747.5 million of 0% Convertible Senior Notes due 2030.
Management concluded there is a newly identified material weakness in internal control over financial reporting related to the preparation and review of the goodwill impairment analysis, and determined disclosure controls and procedures were ineffective as of January 31, 2026. AeroVironment reported funded backlog of about $1.12 billion and ended the period with $289.9 million of cash and cash equivalents, but used $173.9 million of cash in operating activities during the first nine months.
AeroVironment, Inc. reported sharply higher scale but moved to a sizeable loss following its BlueHalo acquisition. For the quarter ended January 31, 2026, revenue rose to $408.0M from $167.6M, while net loss widened to $156.6M (basic and diluted loss per share $3.15) from a $1.8M loss.
For the nine months, revenue increased to $1.34B from $545.6M, but the company posted a net loss of $241.0M versus prior-year net income of $27.0M. Results include a $151.3M goodwill impairment in the Space reporting unit and significantly higher amortization from acquired intangibles. The BlueHalo transaction added substantial goodwill and intangibles, funded by new equity and $747.5M of 0% convertible senior notes due 2030, lifting total assets to $5.45B and cash to $289.9M. Funded backlog was about $1.12B, with 39% expected to be recognized as revenue in fiscal 2026.
AeroVironment reported sharply higher scale but a swing to losses for the quarter and six months ended November 1, 2025, driven by its BlueHalo acquisition and related financing. Revenue reached $472.5 million for the quarter and $927.2 million for six months, up from $188.5 million and $377.9 million a year earlier, as the new SCDE segment contributed alongside strong Autonomous Systems growth. Despite this, higher cost of sales, SG&A, and much larger amortization of acquired intangibles led to a net loss of $84.5 million for six months, versus prior net income of $28.7 million.
The May 1, 2025 BlueHalo purchase added substantial goodwill of $2.37 billion and increased net intangibles to $971.8 million. To fund the deal and bolster liquidity, AeroVironment issued 17.4 million shares as acquisition consideration, raised $966.8 million from additional share issuance, and completed a $747.5 million 0% convertible notes offering, then repaid its term loan and revolver. Cash and cash equivalents rose to $359.4 million, while funded backlog totaled about $1.09 billion, with most expected to turn into revenue by fiscal 2027.