---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-019476"
form_type: "8-K"
ticker: "AVAV"
cik: "0001368622"
company_name: "AeroVironment Inc"
filed_at: "2023-12-05T23:59:59+00:00"
generated_at: "2026-06-07T17:49:46.201124+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AeroVironment Q2 revenue $180.8M (+62% YoY); raises FY24 guidance

## Summary
- Revenue $180.8M, up 62% YoY; net income $17.8M ($0.66 EPS) vs loss of $6.7M (-$0.27) prior year.
- Adjusted EBITDA $39.5M, up 481% YoY; non-GAAP EPS $0.97 vs $0.01.
- Unmanned Systems revenue grew 115% YoY; gross margin expanded to 42% from 23%.
- Funded backlog $487.0M as of Oct 28, 2023, up from $424.1M at Apr 30, 2023.
- FY24 revenue guidance raised to $685-705M, including recently closed Tomahawk Robotics acquisition.

## SEC filing metadata
- accession: 0001558370-23-019476
- form_type: 8-K
- ticker: AVAV
- cik: 0001368622
- company_name: AeroVironment Inc
- filed_at: 2023-12-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1368622/000155837023019476/0001558370-23-019476-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1368622/000155837023019476/avav-20231205x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-019476
- JSON: https://secwatch.observer/filing/0001558370-23-019476.json
- Plain text: https://secwatch.observer/filing/0001558370-23-019476.txt

## Key facts
- Earnings Releases
  AeroVironment Inc reported fiscal second quarter ended October 28, 2023 results: revenue $180.8 million, net income $17.8 million, EPS $0.66 per diluted share. Guidance raised.
  - Period: fiscal second quarter ended October 28, 2023
  - Revenue: $180.8 million
  - Net income: $17.8 million
  - EPS: $0.66 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: or the “Company”) reported today financial results for the fiscal second quarter ended October 28, 2023. ​ Second Quarter Highlights: ​ ● Second quarter revenue of $180.8 million, up 62% year-over-year ● Second quarter net income of $17.8 million and Adjusted EBITDA of $39.5 million, increases of 366% and 481%, year-over-year, respectively ● Funded
  evidence_url: https://www.sec.gov/Archives/edgar/data/1368622/000155837023019476/0001558370-23-019476-index.htm

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