earnings
confidence high
sentiment negative
materiality 0.85
AeroVironment Q3 FY2026 revenue $408M, net loss $(156.6)M on $151.3M goodwill impairment; BADGER contract terminated
AeroVironment Inc
2026-Q3 EPS reported
-$4.94
revenue$1,335,229,000
- Revenue $408M (+143% YoY); net loss $(156.6)M ($(3.15)/share) vs $(1.8)M loss prior year.
- Recorded $151.3M goodwill impairment in Space unit due to stop-work order on BADGER/SCAR program.
- Non-GAAP adjusted EBITDA $44.5M; non-GAAP EPS $0.64 vs $0.30 prior year.
- Funded backlog $1.1B (record); FY2026 guidance: revenue $1.85B-$1.95B, non-GAAP EPS $2.75-$3.10.
- U.S. Government intends to terminate BADGER OTA for convenience; company will compete for future SCAR work.