---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-012580"
form_type: "8-K"
ticker: "AVAV"
cik: "0001368622"
company_name: "AeroVironment Inc"
filed_at: "2024-09-04T23:59:59+00:00"
generated_at: "2026-05-31T06:24:47.283632+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AeroVironment reports record Q1 revenue of $189.5M, up 24% YoY; net income $21.2M

## Summary
- 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%.

## SEC filing metadata
- accession: 0001558370-24-012580
- form_type: 8-K
- ticker: AVAV
- cik: 0001368622
- company_name: AeroVironment Inc
- filed_at: 2024-09-04T23:59:59+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/1368622/000155837024012580/0001558370-24-012580-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1368622/000155837024012580/avav-20240904x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-012580
- JSON: https://secwatch.observer/filing/0001558370-24-012580.json
- Plain text: https://secwatch.observer/filing/0001558370-24-012580.txt

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