Filing Flows › AeroVironment (AVAV) › Q1 FY27 › vs Q1 FY26
AeroVironment (AVAV) Q1 FY27 vs Q1 FY26 (year over year)
AeroVironment's revenue rose $25.8M (+6%) from $455M in Q1 FY26 to $480M in Q1 FY27. The biggest changes: Uncrewed Aircraft Systems +$50.0M (+71%); Space and Directed Energy −$19.5M (-27%); Cyber and Mission Solutions −$15.4M (-16%).
AeroVironment, Q1 FY27: revenue $480M (+6% year over year), operating margin -2.3%, net loss $5.1M, operating cash flow $13.5M. The chart draws each line against Q1 FY26, the increases inside each band.
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Precision Strike and Defense Systems | $197M | $182M | $14.7M | +8% |
| Uncrewed Aircraft Systems | $120M | $70.2M | $50.0M | +71% |
| Cyber and Mission Solutions | $83.0M | $98.4M | −$15.4M | -16% |
| Space and Directed Energy | $51.5M | $71.0M | −$19.5M | -27% |
| Other | $28.6M | $32.6M | −$4.0M | -12% |
| Revenue | $480M | $455M | $25.8M | +6% |
| Other income, net | $5.4M | −$13.3M | $18.7M | — |
| Income tax benefit | $397K | $15.2M | −$14.8M | -97% |
| Net loss | $5.1M | $67.4M | −$62.3M | -92% |
| Costs & expenses | $491M | $537M | −$45.9M | -9% |
| Operating costs | $491M | $524M | −$32.6M | -6% |
| Cost of revenue | $356M | $360M | −$3.7M | -1% |
| Research & development | $24.0M | $33.1M | −$9.2M | -28% |
| SG&A | $112M | $131M | −$19.8M | -15% |
| Operating cash sources | $61.0M | $102M | −$40.7M | -40% |
| Depreciation & amortization | $56.0M | $90.3M | −$34.2M | -38% |
| Share-based compensation | $4.9M | $11.4M | −$6.5M | -57% |
| Net loss absorbed | $5.1M | $67.4M | −$62.3M | -92% |
| Working capital & other | $42.4M | $158M | −$116M | -73% |
| Operating cash flow | $13.5M | −$124M | $137M | — |
| Capital expenditures | $44.0M | $22.7M | $21.3M | +94% |
| Negative free cash flow (OCF − capex) | $30.5M | $146M | −$116M | -79% |
Questions
How much did AeroVironment's revenue grow year over year in Q1 FY27?
AeroVironment's revenue rose $25.8M (+6%) from $455M in Q1 FY26 to $480M in Q1 FY27.
What drove AeroVironment's revenue change in Q1 FY27?
Uncrewed Aircraft Systems +$50.0M (+71%); Space and Directed Energy −$19.5M (-27%); Cyber and Mission Solutions −$15.4M (-16%).