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Boeing vs AeroVironment: BA and AVAV compared
Boeing is the larger company: $24.2B of revenue in its latest quarter (Q3 2026) against $480M for AeroVironment (Q1 FY27). AeroVironment is growing faster (+6% against +4% a year earlier). Boeing is more profitable, with an operating margin of 1.5% against -2.3%.
Where the money goes: BA and AVAV
Boeing (BA) · Q3 2026
Boeing, Q3 2026: revenue $24.2B (+4% year over year), operating margin 1.5%, net loss $116M, operating cash flow $1.5B. The chart follows the revenue to costs, profit and cash.
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.
| Boeing (BA) | AeroVironment (AVAV) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q1 FY27 |
| Revenue | $24.2B | $480M |
| Revenue growth, Y/Y | +4% | +6% |
| Operating margin | 1.5% | -2.3% |
| Net earnings | −$116M | −$5.1M |
| Net margin | -0.5% | -1.1% |
| Operating cash flow | $1.5B | $13.5M |
| Free cash flow | $464M | — |
| Market value | $136.7B | $5.6B |
| P/E | 17.9× | — |
| Analysts’ mean target | $233.35 | $212.20 |
Where the revenue comes from
Boeing
- Product: $20.8B (86%)
- Service: $3.4B (14%)
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%)
Questions
Which is bigger, Boeing or AeroVironment?
Boeing is the larger company: $24.2B of revenue in its latest quarter (Q3 2026) against $480M for AeroVironment (Q1 FY27).
Is Boeing or AeroVironment growing faster?
AeroVironment is growing faster (+6% against +4% a year earlier).
Which is more profitable, Boeing or AeroVironment?
Boeing is more profitable, with an operating margin of 1.5% against -2.3%.
More: Boeing earnings · how Boeing makes money · AeroVironment earnings · how AeroVironment makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 27, 2026; 10-Q filed Sep 10, 2026). Fiscal quarters can end on different dates. Not investment advice.