AeroVironment stock reports 6 percent revenue growth in fiscal Q1

Published on 09/25/2026 at 11:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AeroVironment stock secured a USD 464.8 million Army laser contract on September 2, 2026. Fiscal Q1 revenue reached USD 480.5 million, up 6 percent year over year.

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AeroVironment stock (ISIN US05351X1019) was trading at USD 158.55 on Nasdaq on September 24, 2026, up USD 2.61 or 1.67 percent from the prior close. The company reported fiscal first-quarter revenue of USD 480.5 million, up 6 percent year over year, giving the shares a fresh operating benchmark.

Revenue rises as losses narrow

According to AeroVironment in its release dated September 9, 2026, fiscal Q1 ended August 1, 2026 with revenue of USD 480.5 million versus USD 454.7 million in the prior-year quarter. Non-GAAP adjusted EPS reached USD 0.59, compared with USD 0.32, while GAAP net loss narrowed to USD 5.1 million from USD 67.4 million.

The comparison matters because the adjusted result improved even as the company remained loss-making under GAAP. Gross margin rose to USD 124.6 million from USD 95.1 million, while non-GAAP adjusted EBITDA was USD 53.4 million.

Laser contracts expand the order base

On September 8, 2026, AeroVironment announced its first international purchase order for the LOCUST Laser Weapon System, valued at more than USD 50 million. The same release cited the USD 464.8 million U.S. Army Enduring-High Energy Laser contract, creating a second large directed-energy reference for the platform.

The fiscal first-quarter release put funded backlog at USD 1.5 billion as of August 1, 2026, up 37 percent year over year. Bookings totaled USD 0.7 billion and the book-to-bill ratio was 1.4, which gives the revenue figure a measurable order-flow counterpart.

Guidance sets the next test

AeroVironment maintained fiscal 2027 revenue guidance of USD 2.125 billion to USD 2.225 billion and non-GAAP adjusted EPS guidance of USD 3.02 to USD 3.34. For investors, the central question is conversion: backlog and bookings must translate into the guided full-year revenue while GAAP profitability improves.

Stock remains below yearly high

AeroVironment stock was trading at USD 158.55 on Nasdaq on September 24, 2026 at 4:00 p.m. ET. Its 52-week range was USD 135.20 to USD 417.86, and its market capitalization was USD 8,023,898,400.