AVAVAeroVironment, Inc.Q1 2027Sep 09, 2026, 4:10 PM EDT
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Earnings Report· 2026-09-09

AVAV

Q1 · 2027After-Market
AeroVironment, Inc.
EARNING PER SHARE
Actual ($)
0.59
84.38% YoY
Expected
0.25
Beat
+136.00%
REVENUE
Actual ($)
480.49M
6.00% YoY
Expected
456.09M
Beat
+5.35%

Earning Report

MetricQ1 FY2027Q1 FY2026YoY Change %
Revenue$480.49M$454.68M+6.0
└─Product sales$329.06M$313.53M+5.0
└─Contract services$151.43M$141.14M+7.3
└─AxS$345.97M$285.32M+21.3
└─SCDE$134.52M$169.35M-20.6
Net loss$(5.066M)$(67.370M)-
GAAP Basic EPS$(0.10)$(1.44)-
GAAP Diluted EPS$(0.10)$(1.44)-
Adj. Diluted EPS$0.59$0.32+84.4

Financial Outlook / Guidance

MetricNext Quarter OutlookFY2027 Outlook
Revenue$2.125B-$2.225B
Net income$10M-$27M
Adj. EBITDA$305M-$325M
Diluted EPS$0.21-$0.53
Adj. Diluted EPS$3.02-$3.34

Business Highlights

  • Reported $0.7B of bookings and a 1.4 book-to-bill ratio.
  • Funded backlog reached a record $1.5B.
  • Secured landmark strategic wins during the first quarter.
  • Customers continued fielding autonomous capabilities at increasing scale.
  • Prioritizing expanded manufacturing capacity across sites.
  • Strengthening the supply chain to accelerate customer deliveries.
  • Develops integrated capabilities across air, land, sea, space, and cyber.
  • Portfolio includes autonomous systems, precision strike, counter-UAS, directed energy, and cyber capabilities.

Management Commentary

Wahid Nawabi, chairman, president and chief executive officer

AV's fiscal year 2027 is off to a strong start, with record first-quarter revenue and funded backlog and landmark strategic wins. Our team is united in our mission to execute with discipline and capture demand for the key franchise programs that matter most to our customers, and that is exactly what we did in the first quarter.

Wahid Nawabi, chairman, president and chief executive officer

Our customers are continuing to field autonomous capabilities at increasing scale, and our priority is expanding manufacturing capacity across our sites and strengthening our supply chain so we can deliver for our customers at the speed their missions require. We are excited for the opportunities ahead as we extend our track record of value creation for shareholders, customers and all stakeholders that rely on AV.