AeroVironment Income Statement
AVAV / Industrials|15 years of annual SEC 10-K data (FY2010-FY2024)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Revenue has declined at a 19.1% compound annual rate over the past 8 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | $53.4M | $36.3M | $228.9M | $233.7M | $259.4M | $251.7M | $249.5M | $325.0M | $292.5M |
| Cost of Revenue | $502.0M | $432.8M | $367.0M | $304.5M | $230.4M | $214.2M | $185.9M | $160.7M | $136.2M | $128.2M | $155.1M | $158.1M | $152.7M | $195.7M | $175.4M |
| Gross Profit | $318.6M | $283.9M | $173.5M | $141.2M | $164.6M | $153.1M | $128.4M | $107.7M | $96.9M | $105.6M | $104.3M | $93.6M | $96.8M | $129.3M | $117.2M |
| SG&A Expense | $158.8M | $114.4M | $131.9M | $96.4M | $67.5M | $59.5M | $60.3M | $50.8M | $47.6M | $50.5M | $55.8M | $55.7M | $42.4M | $55.3M | $47.4M |
| R&D Expense | $100.7M | $97.7M | $64.3M | $54.7M | $53.8M | $46.5M | $34.2M | $26.4M | $28.5M | $35.0M | $46.5M | $25.5M | $24.5M | $31.0M | $35.8M |
| Operating Income | $40.8M | $71.8M | -$178.7M | -$9.9M | $43.3M | $47.1M | $33.8M | $30.4M | $20.8M | $20.1M | $2.0M | $12.4M | $29.9M | $43.1M | $34.0M |
| Income Tax | $882.0K | $1.9M | -$14.7M | -$10.4M | $539.0K | $5.8M | $4.6M | $9.8M | $4.8M | $3.0M | -$1.0M | $1.2M | $9.4M | $13.1M | $8.3M |
| Net Income | $43.6M | $59.7M | -$176.2M | -$4.2M | $23.3M | $41.1M | $47.4M | $17.6M | $13.1M | $9.0M | $13.1M | - | - | - | - |
| EPS (Basic) | $1.56 | $2.19 | -$7.04 | -$0.17 | $0.97 | $1.73 | $0.39 | $0.13 | $0.61 | $0.39 | $0.13 | $1.20 | $0.97 | $1.40 | $1.20 |
| EPS (Diluted) | $1.55 | $2.18 | -$7.04 | -$0.17 | $0.96 | $1.71 | $0.39 | $0.13 | $0.60 | $0.39 | $0.13 | $1.17 | $0.94 | $1.36 | $1.17 |
| Shares Outstanding | 28.2M | 27.3M | 25.0M | 24.7M | 24.4M | 24.1M | 23.6M | 23.4M | 23.3M | 23.3M | 23.2M | 22.2M | 21.9M | 22.3M | 22.1M |
| Gross Margin | - | - | - | - | - | - | 240.3% | 297.1% | 42.3% | 45.2% | 40.2% | 37.2% | 38.8% | 39.8% | 40.1% |
| Operating Margin | - | - | - | - | - | - | 63.3% | 83.9% | 9.1% | 8.6% | 0.8% | 4.9% | 12.0% | 13.3% | 11.6% |
| Profit Margin | - | - | - | - | - | - | 88.7% | 48.7% | 5.7% | 3.8% | 5.0% | - | - | - | - |