secwatch.observer — SEC 8-K summary
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Issuer:     AeroVironment Inc (AVAV)
CIK:        0001368622
Form:       8-K
Filed at:   2025-03-04T23:59:59+00:00
Accession:  0001558370-25-002171
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AeroVironment Q3 revenue down 10%, net loss of $1.8M; record backlog $763.5M
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- Revenue $167.6M (-10% YoY); net loss $1.8M vs net income $13.9M; diluted EPS ($0.06) vs $0.50.
- Non-GAAP adjusted EBITDA $21.8M (vs $28.8M); non-GAAP diluted EPS $0.30 (vs $0.63).
- Record funded backlog $763.5M, up 91% from $400.2M at Apr 30, 2024; includes ~$13M under stop-work orders.
- UxS revenue fell 44%; LMS rose 46%; MW up 28%. SoCal fire disruptions negatively impacted Q3.
- FY2025 guidance: revenue $780-795M, non-GAAP EBITDA $135-142M, non-GAAP EPS $2.92-3.13.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1368622/000155837025002171/0001558370-25-002171-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1368622/000155837025002171/avav-20250304x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-002171

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer