secwatch.observer — SEC 8-K summary
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Issuer:     AeroVironment Inc (AVAV)
CIK:        0001368622
Form:       8-K
Filed at:   2025-09-09T23:59:59+00:00
Accession:  0001558370-25-011962
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AeroVironment Q1 FY2026 GAAP net loss $67.4M ($1.44/share); revenue $454.7M (+140% YoY)
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1368622/000155837025011962/0001558370-25-011962-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1368622/000155837025011962/avav-20250909x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-011962

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