---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-011458"
form_type: "8-K"
ticker: "AVAV"
cik: "0001368622"
company_name: "AeroVironment Inc"
filed_at: "2023-06-27T23:59:59+00:00"
generated_at: "2026-06-13T16:08:01.466879+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# AeroVironment Q4 revenue up 40% to $186M, $156M goodwill impairment drives net loss; FY2024 rev guidance $630-660M

## Summary
- Record Q4 revenue $186.0M (+40% YoY); full-year revenue $540.5M (+21% YoY).
- Net loss of $(160.5)M ($(6.31)/diluted share) including $156M MUAS goodwill impairment.
- Non-GAAP adjusted EBITDA ~$46M, non-GAAP EPS $0.99 vs. $0.12 in prior year.
- Funded backlog record $424.1M as of April 30, 2023, up from $210.8M a year ago.
- FY2024 guidance: revenue $630-660M, net income $50-58M, non-GAAP EPS $2.30-2.60.

## SEC filing metadata
- accession: 0001558370-23-011458
- form_type: 8-K
- ticker: AVAV
- cik: 0001368622
- company_name: AeroVironment Inc
- filed_at: 2023-06-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1368622/000155837023011458/0001558370-23-011458-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1368622/000155837023011458/avav-20230627x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-011458
- JSON: https://secwatch.observer/filing/0001558370-23-011458.json
- Plain text: https://secwatch.observer/filing/0001558370-23-011458.txt

## Key facts
- Earnings Releases
  AeroVironment Inc reported fiscal fourth quarter and full year ended April 30, 2023 results: revenue $186.0 million, net income $(160.5) million, or $(6.31) per diluted share, EPS $(6.31) per diluted share. Guidance reaffirmed.
  - Period: fiscal fourth quarter and full year ended April 30, 2023
  - Revenue: $186.0 million
  - Net income: $(160.5) million, or $(6.31) per diluted share
  - EPS: $(6.31) per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: fourth quarter and full year ended April 30, 2023. ​ Fourth Quarter and Fiscal Year Highlights ​ ● Record full fiscal year and fourth quarter revenue of $540.5 million and $186.0 million, up 21% and 40% over prior period, respectively ● Record funded backlog of $424.1 million as of April 30, 2023 ● Company on track for nearly 20% top line growth in fiscal year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1368622/000155837023011458/0001558370-23-011458-index.htm

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