---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-076140"
form_type: "8-K"
ticker: "AVAV"
cik: "0001368622"
company_name: "AeroVironment Inc"
filed_at: "2026-06-22T13:08:14+00:00"
generated_at: "2026-06-22T13:09:17.732354+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AeroVironment restates Q3 FY2026 financials due to goodwill error; net loss understated by $87.3M

## Summary
- Restatement of unaudited financials for quarter ended Jan 31, 2026; net loss understated by $87.3M ($1.75/share) due to goodwill impairment error in Space reporting unit.
- Goodwill impairment charge increased by $89.4M (non-cash); no impact on revenue, cash flows, or non-GAAP Adjusted EBITDA and non-GAAP EPS.
- Material weakness in internal control over financial reporting related to goodwill impairment analysis; disclosure controls deemed ineffective.
- Directors David Wodlinger and Henry Albers (Arlington Capital designees) resigned June 17, 2026, citing no disagreement; Board now eight directors.

## SEC filing metadata
- accession: 0001104659-26-076140
- form_type: 8-K
- ticker: AVAV
- cik: 0001368622
- company_name: AeroVironment Inc
- filed_at: 2026-06-22T13:08:14+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 4.02, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1368622/000110465926076140/0001104659-26-076140-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1368622/000110465926076140/avav-20260616x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-076140
- JSON: https://secwatch.observer/filing/0001104659-26-076140.json
- Plain text: https://secwatch.observer/filing/0001104659-26-076140.txt

## Key facts
- Auditor Changes
  AeroVironment Inc reported that prior financial statements should not be relied upon.
  - Action: non reliance
  source text: require restatement and should no longer be relied upon until such financial statements are restated.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1368622/000110465926076140/0001104659-26-076140-index.htm
- Executive change
  Henry Albers resigned as Director at AeroVironment Inc.
  - Action: resigned
  - Role: Director
  source text: On June 16, 2026, the Company received separate notices from each of Director David Wodlinger and Director Henry Albers informing the Company of their resignation from the Company’s Board effective June 17, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1368622/000110465926076140/0001104659-26-076140-index.htm
- Executive change
  David Wodlinger resigned as Director at AeroVironment Inc.
  - Action: resigned
  - Role: Director
  source text: On June 16, 2026, the Company received separate notices from each of Director David Wodlinger and Director Henry Albers informing the Company of their resignation from the Company’s Board effective June 17, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1368622/000110465926076140/0001104659-26-076140-index.htm

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