AEROVIRONMENT, INC. (AVAV) FY2027 Q1 P&L / Income Statement

AEROVIRONMENT, INC. (AVAV) FY2027 Q1 P&L / Income Statement

Income statement for 2026-05-01 through 2026-08-01. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue

480,490,000 US dollars

Cost of sales

355,891,000 US dollars

Total gross margin

124,599,000 US dollars

Operating expenses (calculated)

135,470,000 US dollars

Loss from operations

negative 10,871,000 US dollars

Other income (expense), net (calculated)

3,541,000 US dollars

Loss before income taxes

negative 7,330,000 US dollars

Benefit from income taxes

negative 397,000 US dollars

Net loss

negative 5,066,000 US dollars

AxS - Product sales

273,865,000 US dollars

AxS - Contract services

72,104,000 US dollars

Space, Cyber and Directed Energy Segment - Product sales

55,193,000 US dollars

Space, Cyber and Directed Energy Segment - Contract services

79,328,000 US dollars

Research and development

23,962,000 US dollars

Selling, general and administrative

111,508,000 US dollars

Equity method investment income, net of tax

1,867,000 US dollars. Reported below-tax contribution to net income.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.