earnings
confidence high
sentiment positive
materiality 0.75
AeroVironment reports record Q1 revenue of $189.5M, up 24% YoY; net income $21.2M
AeroVironment Inc
2025-Q1 EPS reported
$0.75
revenue$189,483,000
- Revenue $189.5M (+24% YoY); net income $21.2M ($0.75 diluted EPS); adjusted EPS $0.89.
- Loitering Munition Systems segment revenue surged 68% YoY, driven by record IDIQ contract.
- Funded backlog $372.9M as of July 27; new $990M IDIQ contract with $128M initial funding.
- Full-year FY2025 guidance reaffirmed: revenue $790M-$820M, adjusted EBITDA $143M-$153M.
- Adjusted EBITDA $37.2M, flat YoY; gross margin unchanged at 43%.