
AeroVironment Inc
NASDAQ:AVAV

Income Statement
Earnings Waterfall
AeroVironment Inc
Revenue
|
742.6m
USD
|
Cost of Revenue
|
-448.6m
USD
|
Gross Profit
|
293.9m
USD
|
Operating Expenses
|
-261m
USD
|
Operating Income
|
32.9m
USD
|
Other Expenses
|
78k
USD
|
Net Income
|
33m
USD
|
Income Statement
AeroVironment Inc
Jan-2015 | Apr-2015 | Aug-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-2019 | Jan-2020 | Apr-2020 | Aug-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | Apr-2024 | Jul-2024 | Oct-2024 | Jan-2025 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
247
N/A
|
259
+5%
|
255
-2%
|
267
+5%
|
266
0%
|
234
-12%
|
223
-5%
|
208
-7%
|
194
-7%
|
233
+20%
|
231
-1%
|
247
+7%
|
248
+1%
|
268
+8%
|
312
+16%
|
319
+2%
|
340
+6%
|
314
-8%
|
323
+3%
|
333
+3%
|
320
-4%
|
367
+15%
|
368
+0%
|
377
+3%
|
394
+4%
|
395
+0%
|
409
+3%
|
438
+7%
|
449
+3%
|
446
-1%
|
453
+2%
|
443
-2%
|
487
+10%
|
541
+11%
|
584
+8%
|
654
+12%
|
706
+8%
|
717
+2%
|
754
+5%
|
761
+1%
|
743
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(157)
|
(155)
|
(148)
|
(147)
|
(146)
|
(128)
|
(127)
|
(126)
|
(119)
|
(136)
|
(132)
|
(135)
|
(138)
|
(161)
|
(181)
|
(190)
|
(198)
|
(186)
|
(186)
|
(190)
|
(183)
|
(214)
|
(221)
|
(224)
|
(236)
|
(230)
|
(251)
|
(278)
|
(297)
|
(305)
|
(307)
|
(313)
|
(333)
|
(367)
|
(379)
|
(399)
|
(429)
|
(433)
|
(454)
|
(463)
|
(449)
|
|
Gross Profit |
89
N/A
|
104
+17%
|
106
+2%
|
120
+13%
|
120
0%
|
106
-12%
|
96
-9%
|
82
-15%
|
75
-9%
|
97
+29%
|
99
+2%
|
112
+13%
|
111
-1%
|
108
-3%
|
132
+22%
|
130
-1%
|
142
+9%
|
128
-10%
|
137
+7%
|
144
+5%
|
137
-5%
|
153
+12%
|
147
-4%
|
153
+4%
|
158
+3%
|
165
+4%
|
158
-4%
|
160
+1%
|
152
-5%
|
141
-7%
|
146
+4%
|
130
-11%
|
154
+19%
|
174
+13%
|
206
+18%
|
255
+24%
|
277
+9%
|
284
+3%
|
300
+6%
|
298
-1%
|
294
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(88)
|
(99)
|
(107)
|
(109)
|
(109)
|
(86)
|
(83)
|
(80)
|
(79)
|
(76)
|
(71)
|
(68)
|
(66)
|
(77)
|
(79)
|
(81)
|
(85)
|
(95)
|
(99)
|
(104)
|
(106)
|
(106)
|
(107)
|
(107)
|
(111)
|
(121)
|
(137)
|
(148)
|
(154)
|
(143)
|
(141)
|
(142)
|
(150)
|
(195)
|
(197)
|
(206)
|
(219)
|
(210)
|
(231)
|
(248)
|
(261)
|
|
Selling, General & Administrative |
(57)
|
(52)
|
(58)
|
(59)
|
(59)
|
(51)
|
(49)
|
(48)
|
(47)
|
(48)
|
(45)
|
(45)
|
(43)
|
(51)
|
(52)
|
(52)
|
(55)
|
(60)
|
(62)
|
(65)
|
(64)
|
(60)
|
(58)
|
(57)
|
(59)
|
(68)
|
(80)
|
(90)
|
(96)
|
(88)
|
(87)
|
(86)
|
(88)
|
(131)
|
(133)
|
(136)
|
(140)
|
(113)
|
(123)
|
(134)
|
(150)
|
|
Research & Development |
(30)
|
(47)
|
(49)
|
(51)
|
(50)
|
(35)
|
(34)
|
(32)
|
(32)
|
(29)
|
(25)
|
(24)
|
(22)
|
(26)
|
(27)
|
(29)
|
(30)
|
(34)
|
(37)
|
(39)
|
(43)
|
(46)
|
(49)
|
(50)
|
(52)
|
(53)
|
(56)
|
(59)
|
(58)
|
(55)
|
(56)
|
(58)
|
(62)
|
(64)
|
(65)
|
(70)
|
(79)
|
(98)
|
(107)
|
(114)
|
(111)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
3
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
Operating Income |
1
N/A
|
6
+314%
|
(1)
N/A
|
10
N/A
|
10
N/A
|
20
+93%
|
14
-32%
|
2
-84%
|
(4)
N/A
|
21
N/A
|
28
+36%
|
43
+53%
|
45
+4%
|
30
-32%
|
53
+74%
|
49
-7%
|
57
+16%
|
34
-40%
|
38
+14%
|
40
+4%
|
31
-22%
|
47
+52%
|
41
-14%
|
46
+14%
|
47
+1%
|
43
-8%
|
21
-51%
|
11
-48%
|
(2)
N/A
|
(2)
+23%
|
5
N/A
|
(12)
N/A
|
4
N/A
|
(22)
N/A
|
8
N/A
|
49
+495%
|
58
+19%
|
74
+27%
|
69
-7%
|
50
-27%
|
33
-35%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
1
|
2
|
2
|
2
|
2
|
3
|
3
|
4
|
5
|
5
|
5
|
5
|
5
|
4
|
3
|
2
|
(1)
|
(2)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(8)
|
(10)
|
(11)
|
(13)
|
(9)
|
(8)
|
(6)
|
(2)
|
(1)
|
|
Non-Reccuring Items |
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(3)
|
(3)
|
(2)
|
0
|
0
|
3
|
(157)
|
(157)
|
(158)
|
(158)
|
(2)
|
0
|
0
|
0
|
|
Total Other Income |
2
|
(1)
|
(4)
|
(4)
|
(4)
|
(3)
|
(1)
|
(0)
|
(0)
|
1
|
0
|
0
|
0
|
(0)
|
8
|
10
|
11
|
12
|
4
|
3
|
2
|
1
|
0
|
0
|
0
|
(8)
|
(9)
|
(19)
|
(19)
|
(10)
|
(10)
|
0
|
(2)
|
(0)
|
(0)
|
(1)
|
2
|
(0)
|
(0)
|
0
|
(1)
|
|
Pre-Tax Income |
5
N/A
|
2
-60%
|
(4)
N/A
|
8
N/A
|
8
-1%
|
19
+137%
|
14
-23%
|
3
-79%
|
(3)
N/A
|
23
N/A
|
30
+34%
|
45
+50%
|
47
+4%
|
33
-31%
|
64
+95%
|
62
-3%
|
71
+15%
|
51
-29%
|
48
-6%
|
48
+1%
|
38
-21%
|
53
+38%
|
45
-15%
|
49
+10%
|
49
-1%
|
34
-29%
|
8
-76%
|
(14)
N/A
|
(29)
-106%
|
(19)
+34%
|
(11)
+44%
|
(18)
-72%
|
(4)
+80%
|
(188)
-5 133%
|
(160)
+15%
|
(124)
+23%
|
(108)
+13%
|
63
N/A
|
63
-1%
|
49
-22%
|
31
-36%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
1
|
3
|
(1)
|
3
|
(3)
|
(3)
|
(1)
|
(3)
|
(5)
|
(6)
|
(9)
|
(6)
|
(7)
|
(12)
|
(10)
|
(13)
|
(5)
|
(4)
|
(4)
|
(3)
|
(6)
|
(5)
|
(6)
|
(5)
|
(1)
|
2
|
14
|
28
|
10
|
7
|
8
|
(7)
|
15
|
16
|
4
|
3
|
(2)
|
(2)
|
(1)
|
1
|
|
Income from Continuing Operations |
4
|
3
|
(1)
|
7
|
11
|
16
|
11
|
2
|
(6)
|
18
|
25
|
37
|
42
|
26
|
52
|
52
|
58
|
46
|
43
|
44
|
35
|
47
|
40
|
43
|
43
|
34
|
10
|
(1)
|
(1)
|
(9)
|
(4)
|
(11)
|
(11)
|
(174)
|
(144)
|
(119)
|
(105)
|
61
|
61
|
48
|
32
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(14)
|
(13)
|
(11)
|
(10)
|
0
|
1
|
5
|
5
|
3
|
2
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
1
|
1
|
|
Net Income (Common) |
4
N/A
|
3
-26%
|
(1)
N/A
|
7
N/A
|
11
+57%
|
9
-16%
|
4
-51%
|
(4)
N/A
|
(13)
-200%
|
13
N/A
|
19
+44%
|
31
+63%
|
32
+5%
|
18
-44%
|
51
+185%
|
49
-3%
|
59
+19%
|
47
-19%
|
37
-21%
|
39
+4%
|
29
-24%
|
41
+40%
|
34
-17%
|
29
-16%
|
30
+4%
|
23
-22%
|
(1)
N/A
|
(0)
+50%
|
(1)
-50%
|
(4)
-600%
|
1
N/A
|
(8)
N/A
|
(9)
-9%
|
(176)
-1 973%
|
(146)
+17%
|
(121)
+17%
|
(107)
+12%
|
60
N/A
|
59
-1%
|
49
-17%
|
33
-32%
|
|
EPS (Diluted) |
0.16
N/A
|
0.13
-19%
|
-0.04
N/A
|
0.28
N/A
|
0.45
+61%
|
0.38
-16%
|
0.19
-50%
|
-0.18
N/A
|
-0.54
-200%
|
0.56
N/A
|
0.8
+43%
|
1.28
+60%
|
1.36
+6%
|
0.75
-45%
|
2.12
+183%
|
2.04
-4%
|
2.43
+19%
|
2
-18%
|
1.54
-23%
|
1.6
+4%
|
1.24
-23%
|
1.72
+39%
|
1.4
-19%
|
1.18
-16%
|
1.23
+4%
|
0.96
-22%
|
-0.03
N/A
|
-0.02
+33%
|
-0.03
-50%
|
-0.17
-467%
|
0.05
N/A
|
-0.32
N/A
|
-0.35
-9%
|
-7.04
-1 911%
|
-5.57
+21%
|
-4.5
+19%
|
-3.81
+15%
|
2.18
N/A
|
2.08
-5%
|
1.73
-17%
|
1.17
-32%
|