---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-015455"
form_type: "8-K"
ticker: "AVAV"
cik: "0001368622"
company_name: "AeroVironment Inc"
filed_at: "2023-09-05T23:59:59+00:00"
generated_at: "2026-06-10T23:50:56.991929+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AeroVironment Q1 revenue $152.3M (+40% YoY); raises FY2024 guidance, backlog record $539.7M

## Summary
- Revenue $152.3M (+40% YoY); net income $21.9M ($0.84 diluted EPS) vs loss of $8.4M prior year.
- Adjusted EBITDA $37M (+185%); non-GAAP EPS $1.00 vs $(0.08) loss.
- Funded backlog record $539.7M, up 27% from prior quarter, with $270M in new bookings.
- Raises FY2024 guidance: revenue $645-675M, adjusted EBITDA $117-127M, non-GAAP EPS $2.30-2.60.
- Tomahawk Robotics acquisition expected to close in Q2; adds Kinesis control solutions.

## SEC filing metadata
- accession: 0001558370-23-015455
- form_type: 8-K
- ticker: AVAV
- cik: 0001368622
- company_name: AeroVironment Inc
- filed_at: 2023-09-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1368622/000155837023015455/0001558370-23-015455-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1368622/000155837023015455/avav-20230905x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-015455
- JSON: https://secwatch.observer/filing/0001558370-23-015455.json
- Plain text: https://secwatch.observer/filing/0001558370-23-015455.txt

## Key facts
- Earnings Releases
  AeroVironment Inc reported the fiscal first quarter ended July 29, 2023 results: revenue $152.3 million, net income $21.9 million, EPS $0.84 per diluted share. Guidance raised.
  - Period: the fiscal first quarter ended July 29, 2023
  - Revenue: $152.3 million
  - Net income: $21.9 million
  - EPS: $0.84 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: (“AeroVironment” or the “Company”) reported today financial results for the fiscal first quarter ended July 29, 2023. ​ First Quarter Highlights: ​ ● First quarter revenue of $152.3 million, up 40% year-over-year ● First quarter net income of $21.9 million and Adjusted EBITDA of $37 million, an increase of 361% and 185%, respectively ● Record funded backlog of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1368622/000155837023015455/0001558370-23-015455-index.htm

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