earnings
confidence high
sentiment negative
materiality 0.75
AeroVironment Q1 FY2026 GAAP net loss $67.4M ($1.44/share); revenue $454.7M (+140% YoY)
AeroVironment Inc
2026-Q1 EPS reported
-$1.44
revenue$454,676,000
- Record Q1 revenue $454.7M up 140% YoY; BlueHalo contributed $235.2M; legacy revenue $219.5M up 16%.
- GAAP net loss $(67.4)M ($1.44 diluted loss) vs prior-year income $21.2M ($0.75 EPS); loss from ops $(69.3)M.
- Non-GAAP adjusted EBITDA $56.6M, non-GAAP diluted EPS $0.32; prior-year adj. EBITDA $37.2M, EPS $0.89.
- Backlog $1.1B (record); bookings $399.0M; FY2026 guidance reaffirmed: revenue $1.9-2.0B, non-GAAP EPS $3.60-3.70.
- Gross margin fell to 21% from 43% due to $79.7M in intangible amortization and purchase accounting from BlueHalo.