# AEROVIRONMENT, INC. (AVAV) · Edgar & Edgarette company card

> Aerovironment (AVAV) grew revenue 141% in FY2026 to $2.0 billion, operating margin -15.7% against a 8.9% median for aircraft, equity 77.0% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1368622 · fiscal year ended 2026-04-30 · 5 audited years read · [page](https://www.pops4.com/boards/company/AVAV) · [JSON](https://www.pops4.com/boards/company/AVAV.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $2.0B |
| Revenue growth, 1 year | 140.9% |
| Revenue growth per year | 45.1% |
| Operating margin | -15.7% (prior year 5.0%) |
| Net margin | -13.4% |
| Operating cash flow | −$78M |
| Capital spending | $63M |
| Free cash flow | −$141M |
| Cash | $377M |
| Long-term debt | $748M |
| Total assets | $5.7B |
| Total equity | $4.4B |
| Equity ÷ assets | 77.0% |
| Return on equity | -6.0% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 4.81 (safe zone)
- Piotroski F: 2 of 9 (weak)
- Beneish M: -0.71 (above the −1.78 line)
- Health Harbor boat: Rotting at the dock · four or more warning signs · filed earlier statements no longer to be relied on in the last 12 months; operating cash flow was negative; operating loss: a margin of -15.7% in FY2026; revenue is hard to predict: its 80% range is ±36%
- Cash Compass: Fast, cash not yet · growing fast, but little cash arriving so far

## Edgarette's reading

Exposure: revenue $2.0B (FY2026), total debt $747.5M. Experience: revenue up 140.9% on the year, up 45.1% a year over 4 years; operating margin -15.7%, down from 5.0%. Soundness: equity 77.0% of assets, return on equity -6.0%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $2.6B and $5.5B next year (method v4.1: its own 5-year record of growth weighed at 57% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $2.0B to $7.3B. A statistical range, not company guidance. Against peers (17 filers, $50M+ revenue, its industry group): operating margin -15.7% against a 8.9% median; growth 140.9% against 9.7%.

Range logged 2026-09-29, receipt c2cea3aebf7674ed, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 4.02 Earlier statements no longer to be relied on: 1, latest 2026-06-22 ([filing](https://www.sec.gov/Archives/edgar/data/1368622/000110465926076140/0001104659-26-076140-index.htm))
- Item 5.02 Director or officer change: 9, latest 2026-08-07 ([filing](https://www.sec.gov/Archives/edgar/data/1368622/000110465926092413/0001104659-26-092413-index.htm))

## Recent filings

- 8-K · filed 2026-11-04 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation · [filing](https://www.sec.gov/Archives/edgar/data/1368622/000110465926122416/0001104659-26-122416-index.htm)
- 8-K · filed 2026-09-30 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1368622/000110465926112083/0001104659-26-112083-index.htm)
- 10-Q · filed 2026-09-10 · [filing](https://www.sec.gov/Archives/edgar/data/1368622/000110465926106423/0001104659-26-106423-index.htm)
- 8-K · filed 2026-09-09 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1368622/000110465926106304/0001104659-26-106304-index.htm)
- DEF 14A · filed 2026-08-14 · [filing](https://www.sec.gov/Archives/edgar/data/1368622/000110465926096689/0001104659-26-096689-index.htm)
- 8-K · filed 2026-08-07 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1368622/000110465926092413/0001104659-26-092413-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001368622.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1368622

## Cite

POPS4, Edgar & Edgarette: AEROVIRONMENT, INC. (AVAV) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/AVAV. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.