Filing Flows › Comparisons › AVAV vs AIRO
AeroVironment vs Airo Group Holdings: AVAV and AIRO compared
AeroVironment is the larger company: $480M of revenue in its latest quarter (Q1 FY27) against $43.2M for Airo Group Holdings (Q2 2026). Airo Group Holdings is growing faster (+76% against +6% a year earlier). Airo Group Holdings is more profitable, with an operating margin of 3.8% against -2.3%.
Where the money goes: AVAV and AIRO
AeroVironment (AVAV) · Q1 FY27
AeroVironment, Q1 FY27: revenue $480M (+6% year over year), operating margin -2.3%, net loss $5.1M, operating cash flow $13.5M. The chart follows the revenue to costs, profit and cash.
Airo Group Holdings (AIRO) · Q2 2026
Airo Group Holdings, Q2 2026: revenue $43.2M (+76% year over year), operating margin 3.8%, net loss $2.0M, operating cash flow −$31.3M. The chart follows the revenue to costs, profit and cash.
| AeroVironment (AVAV) | Airo Group Holdings (AIRO) | |
|---|---|---|
| Latest quarter | Q1 FY27 | Q2 2026 |
| Revenue | $480M | $43.2M |
| Revenue growth, Y/Y | +6% | +76% |
| Operating margin | -2.3% | 3.8% |
| Net earnings | −$5.1M | −$2.0M |
| Net margin | -1.1% | -4.6% |
| Operating cash flow | $13.5M | −$31.3M |
| Market value | $5.6B | — |
| Analysts’ mean target | $212.20 | — |
Where the revenue comes from
AeroVironment
- Precision Strike and Defense Systems: $197M (41%)
- Uncrewed Aircraft Systems: $120M (25%)
- Cyber and Mission Solutions: $83.0M (17%)
- Space and Directed Energy: $51.5M (11%)
Airo Group Holdings
- Drones: $41.0M (95%)
- Avionics: $1.4M (3%)
- Training: $737K (2%)
Questions
Which is bigger, AeroVironment or Airo Group Holdings?
AeroVironment is the larger company: $480M of revenue in its latest quarter (Q1 FY27) against $43.2M for Airo Group Holdings (Q2 2026).
Is AeroVironment or Airo Group Holdings growing faster?
Airo Group Holdings is growing faster (+76% against +6% a year earlier).
Which is more profitable, AeroVironment or Airo Group Holdings?
Airo Group Holdings is more profitable, with an operating margin of 3.8% against -2.3%.
More: AeroVironment earnings · how AeroVironment makes money · Airo Group Holdings earnings · how Airo Group Holdings makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Sep 10, 2026; 10-Q filed Aug 13, 2026). Fiscal quarters can end on different dates. Not investment advice.