secwatch.observer — SEC 8-K summary
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Issuer:     AeroVironment Inc (AVAV)
CIK:        0001368622
Form:       8-K
Filed at:   2026-03-10T23:59:59+00:00
Accession:  0001104659-26-025841
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1368622/000110465926025841/0001104659-26-025841-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1368622/000110465926025841/avav-20260310x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-025841

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