AeroVironment Inc Releases Strong 10-Q Report

By Greg Peters • Wednesday, September 10 15:34 • Permanent Link

AeroVironment Inc. has recently released its 10-Q report, providing a detailed insight into the company's financial performance and operations for the period. AeroVironment, Inc. designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates in two segments, Autonomous Systems; and Space, Cyber, and Directed Energy. The company provides uncrewed aircraft systems, counter-UAS and precision strike solutions, autonomy, AI, and platform technologies, unmanned maritime and ground systems, high-altitude pseudo-satellites, digital beamforming technology, laser communications, space-qualified hardware, phased array antenna technology, directed energy solutions, and cyber solutions.

The 10-Q report delves into the company's financial condition and results of operations. For the three months ended August 2, 2025, AeroVironment reported revenue of $454.7 million, a significant increase from $189.5 million for the same period in 2024, representing a 140% growth. The increase in revenue was primarily attributed to the acquisition of BlueHalo, contributing $123.7 million of product revenue and $111.5 million of service revenue. The report also highlighted that the cost of sales for the same period was $359.6 million, compared to $108.0 million for the three months ended July 27, 2024, representing an increase of $251.6 million.

The gross margin for the period was $95.1 million, as compared to $81.5 million for the same period in 2024. Selling, general and administrative (SG&A) expenses for the three months ended August 2, 2025, were $131.3 million, significantly higher than the $33.8 million reported for the same period in 2024. Research and development (R&D) expenses also increased to $33.1 million, compared to $24.6 million for the same period in 2024.

Interest expense, net for the three months ended August 2, 2025, was $17.4 million, a substantial increase from $0.2 million for the same period in 2024. The increase in interest expense was attributed to the Term Loan and Revolver Facility obtained in conjunction with the BlueHalo acquisition.

The market has reacted to these announcements by moving the company's shares 3.55% to a price of $239.185. For more information, read the company's full 10-Q submission here.

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