---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-025841"
form_type: "8-K"
ticker: "AVAV"
cik: "0001368622"
company_name: "AeroVironment Inc"
filed_at: "2026-03-10T23:59:59+00:00"
generated_at: "2026-05-15T15:47:13.632722+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AeroVironment Q3 FY2026 revenue $408M, net loss $(156.6)M on $151.3M goodwill impairment; BADGER contract terminated

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-025841
- form_type: 8-K
- ticker: AVAV
- cik: 0001368622
- company_name: AeroVironment Inc
- filed_at: 2026-03-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1368622/000110465926025841/0001104659-26-025841-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1368622/000110465926025841/avav-20260310x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-025841
- JSON: https://secwatch.observer/filing/0001104659-26-025841.json
- Plain text: https://secwatch.observer/filing/0001104659-26-025841.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.