AeroVironment $AVAV jumps 28%; Q4 revenue rises 133% to $641.6M

AeroVironment $AVAV rose as much as 28% after the defense-drone maker reported fiscal fourth-quarter revenue of $641.6M, up 133% from $275.1M a year earlier. The move clears the skill's single-stock threshold because the price reaction was above 8% and tied to a named earnings release.

The company said fiscal-year revenue reached $1.9768B, up 141%, and funded backlog stood at $1.2B as of April 30, 2026, compared with $726.6M one year earlier. Fourth-quarter net income was $63.2M, or $1.25 per diluted share, while non-GAAP EPS was $1.84. Non-GAAP adjusted EBITDA was $140.1M.

The release shows that acquisitions drove a material part of the expansion. AeroVironment said BlueHalo and Empirical Systems Aerospace contributed $282.3M of fourth-quarter revenue. Segment revenue was $492.4M in Autonomous Systems and $149.2M in Space, Cyber and Directed Energy.

Guidance kept the market focused on fiscal 2027 rather than only the quarter. Management forecast revenue of $2.125B-$2.225B, net income of $8M-$24M, adjusted EBITDA of $305M-$325M, GAAP EPS of $0.16-$0.48 and non-GAAP EPS of $3.02-$3.34. The next data points are order conversion, funded backlog and whether defense procurement timing supports that revenue range.

Source: AeroVironment fiscal 2026 fourth-quarter release.

Not investment advice. Verify all figures with primary sources before acting.