Welcome to our dedicated page for Aerovironment SEC filings (Ticker: AVAV), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
AeroVironment, Inc. uses SEC filings to document material events, executive leadership changes, compensation arrangements, operating results and public-company security information. Form 8-K disclosures identify the company's Nasdaq-listed common stock and report appointments for senior finance and operating roles, retirement-transition arrangements and adoption of a nonqualified deferred compensation plan.
Other filings furnish financial results and Regulation FD materials, and disclose government program matters involving BADGER phased array antenna systems for the SCAR program. The filing record also covers governance items, material agreements and capital-structure disclosures relevant to AeroVironment's defense technology operations.
AeroVironment, Inc. disclosed that Executive Vice President and Chief Operating Officer Brad Truesdell intends to retire once a successor is appointed. He is expected to remain in his role as the company’s principal operating officer until his replacement is in place and responsibilities are transitioned.
The company has begun a search for a new principal operating officer. After his employment ends, Mr. Truesdell is expected to continue supporting AeroVironment as a consultant, providing transition and other services at the direction of the Chief Executive Officer and the new operating leader.
AeroVironment director-related trust reports a small preset share sale. The Stephen F. Page Living Trust, associated with director Stephen F. Page, sold 250 shares of AeroVironment common stock on March 16, 2026 in an open-market transaction at $212.52 per share under a pre-arranged Rule 10b5-1 trading plan.
After this sale, the trust holds 49,751 AeroVironment shares indirectly, while a separate entry shows Mr. Page directly owning 1,705 shares. The transaction reflects a small portion of the total reported holdings and follows a trading plan adopted on September 30, 2025.
AeroVironment Inc Chief Accounting Officer Brian Charles Shackley sold 200 shares of Common Stock in an open-market transaction at $212.52 per share. After the sale, he directly owned 5,794 shares. The transaction was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on September 30, 2025, indicating it was scheduled in advance as part of routine portfolio management rather than a discretionary trade.
AeroVironment, Inc. has completed the acquisition of Empirical Systems Aerospace, Inc. (ESAero) in a transaction valued at approximately $200 million. The deal consideration includes approximately $160 million in AeroVironment stock and the remainder in cash, subject to post-closing adjustments and holdbacks.
As part of the acquisition, AeroVironment issued 671,078 shares of its common stock, valued at $234.59 per share based on a 25‑trading‑day volume-weighted average price. These shares were issued privately to accredited ESAero stockholders under exemptions from Securities Act registration.
The company states that the transaction is expected to be accretive to adjusted EBITDA in the first year following closing and will add ESAero’s electric and hybrid propulsion, rapid prototyping, and AS9100-certified manufacturing capabilities to AeroVironment’s defense technology portfolio.
AeroVironment Inc’s CFO, Kevin Patrick McDonnell, reported an indirect open-market sale of 396 shares of common stock at a weighted average price of $224.55 per share. The shares are held by the McDonnell Moore Living Trust, which executed the trade under a pre-arranged Rule 10b5-1 trading plan adopted on July 11, 2025.
Following the transaction, the trust’s indirect holdings are 16,026 shares, while McDonnell also holds 4,845 shares directly. The filing notes the sale prices ranged between $221.75 and $227.97, and McDonnell disclaims beneficial ownership of any securities in which he does not have a pecuniary interest.
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 a GAAP loss in its fiscal 2026 third quarter despite very strong revenue growth. Revenue reached $408.0 million, up 143% from $167.6 million a year earlier, driven by higher product and service sales, including contributions from the BlueHalo acquisition. Gross margin was $98.8 million, or 24% of revenue.
The company recorded a $151.3 million goodwill impairment in its Space reporting unit after a stop‑work order on the BADGER phased array antenna agreement supporting the SCAR program, leading to a net loss of $(156.6) million, or $(3.15) per diluted share. Non‑GAAP earnings per diluted share were $0.64, with adjusted EBITDA of $44.5 million, up from $21.8 million.
Funded backlog was $1.1 billion as of January 31, 2026. For fiscal 2026, AeroVironment now expects revenue between $1.85 billion and $1.95 billion, adjusted EBITDA between $265 million and $285 million, and non‑GAAP earnings per diluted share of $2.75–$3.10. Separately, the U.S. Government indicated it intends to terminate the BADGER SCAR agreement for convenience, while allowing the company to compete for future SCAR work; AeroVironment plans to continue investing in BADGER as a commercial product.
AeroVironment, Inc. adopted a new Non-Qualified Deferred Compensation Plan for certain key employees, including named executive officers, and non-employee directors, effective March 1, 2026. Eligible employees may defer up to 75% of annual base salary and all or part of annual cash bonuses, while non-employee directors may defer cash Board fees and equity grants.
Distributions can be made in a lump sum or installments after retirement, with lump sums on earlier separation, death, or disability. Deferrals and related earnings are immediately 100% vested, and the company will not provide matching contributions, although it may make other contributions for certain participants. The plan is unfunded, supported by a rabbi trust whose assets remain subject to company creditors. The Compensation Committee also approved Trace Stevenson and Mary Clum as participants in the company’s Executive Severance Plan.
AeroVironment Inc director Stephen F. Page’s living trust reported an open-market sale of 250 shares of common stock at $300.00 per share. The transaction was executed by the Stephen F. Page Living Trust under a Rule 10b5-1 trading plan adopted on September 30, 2025.
After this sale, the trust held 50,001 AeroVironment shares indirectly associated with Mr. Page, while he also held 1,705 shares directly in his own name. Mr. Page, as trustee, disclaims beneficial ownership of securities in which he does not have a pecuniary interest.
AeroVironment Inc director Stephen F. Page’s living trust reported an open-market sale of 250 shares of common stock at $300.00 per share. The transaction was executed by the Stephen F. Page Living Trust under a Rule 10b5-1 trading plan adopted on September 30, 2025.
After this sale, the trust held 50,001 AeroVironment shares indirectly associated with Mr. Page, while he also held 1,705 shares directly in his own name. Mr. Page, as trustee, disclaims beneficial ownership of securities in which he does not have a pecuniary interest.
AeroVironment, Inc. announced that Executive Vice President and Chief Financial Officer Kevin McDonnell has decided to retire from the company, with his employment ending on July 31, 2026 (the “Retirement Date”). He will remain CFO until the earlier of a new chief financial officer’s start date or the Retirement Date, then may continue in a non-officer role to support a smooth transition.
Under a Retirement Agreement dated February 20, 2026, Mr. McDonnell will receive his current base salary and benefits through the Retirement Date and a full fiscal 2026 Short Term Incentive Plan bonus at target of $455,420, paid when other employee bonuses are paid. On the Retirement Date, the company will also cover an amount equal to the after-tax cost of five months of COBRA medical and related insurance premiums. His existing equity awards will continue to vest under their current terms through the Retirement Date, and he has agreed to provide a general release of claims and reaffirm confidentiality and related obligations.