Filing Flows › AeroVironment (AVAV) › Q4 FY25
AeroVironment (AVAV) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Jun 25, 2025
AeroVironment (AVAV) reported revenue of $275M for the fourth quarter fiscal 2025 (Q4 FY25), +40% from a year earlier and +64% from the quarter before. Operating margin was 5.0%, net earnings $16.7M (6.1% of revenue).
AeroVironment, Q4 FY25: revenue $275M (+40% year over year), operating margin 5.0%, net earnings $16.7M, operating cash flow −$264K. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $275M | +64% | +40% |
| Gross profit | $100M | +59% | +33% |
| Operating profit | $13.8M | — | +132% |
| Net earnings | $16.7M | — | +176% |
| Operating cash flow | −$264K | — | — |
What changed
Revenue was $275.1M in Q4 FY25, up 40% year over year and up 64% from the previous quarter. LMS was the largest line at 50% of revenue.
Gross margin was 36.5%, down 1.9 points from a year earlier. Operating profit was $13.8M, a 5.0% margin (up 2.0 points year over year). Of the extra revenue versus a year earlier, 10% reached operating profit, above the 3% margin then. Operating expenses grew 24% against revenue growth of 40%. The fastest-growing cost line was SG&A (+25%). Net earnings were $16.7M, up 176% year over year. The effective tax rate was 1.3%.
Operating cash flow was −$264K. Non-cash charges added back $13.9M of depreciation and amortization and $5.9M of share-based compensation. Working capital and other items used $36.7M. Capital expenditures of $8.5M exceeded it, leaving free cash flow of −$8.8M.
Questions
What was AeroVironment's revenue in the fourth quarter fiscal 2025?
AeroVironment (AVAV) reported revenue of $275M for the fourth quarter fiscal 2025 (Q4 FY25), +40% from a year earlier and +64% from the quarter before.
Was AeroVironment profitable in the fourth quarter fiscal 2025?
Operating profit was $13.8M (5.0% of revenue) and net earnings $16.7M.
Source: AeroVironment 10-K on SEC EDGAR.