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AeroVironment Announces Fiscal 2026 First Quarter Results

AeroVironment, Inc. (AVAV) | September 9, 2025

By Tina Carter

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AeroVironment reported financial results for the fiscal first quarter ended August 2, 2025.

Record first quarter revenue reached $454.7 million, a 140% increase year-over-year.

The acquisition of BlueHalo contributed $235.2 million in revenue during the first quarter, setting a new revenue record.

Acquisition of BlueHalo

BlueHalo acquisition added $235.2 million in revenue in the first quarter.

Record Revenue Growth

Record first quarter revenue of $454.7 million, up 140% year-over-year.

Backlog and Bookings

Record first quarter backlog of $1.1 billion and bookings of $399.0 million.

  • The first quarter showcased strength in both the Autonomous Systems and Space, Cyber, and Directed Energy segments.
  • With a broad portfolio, AeroVironment is confident in delivering top-notch solutions aligned with customer priorities across various domains.
  • The company's innovative solutions and manufacturing capacity position it well to meet growing demand and expedited delivery timelines.

Despite challenges with gross margin and operational loss, AeroVironment's strategic investments and record revenue demonstrate a positive outlook for growth and future defense opportunities.