AeroVironment (AVAV) Stock Up After String of Good News from 4th Quarter and Fiscal Year Results

AeroViroment(AVAV) soared after company reported its fiscal Q4 2026 earnings, posting revenue of $641.6 million (estimated $556 million). Adjusted EPS $1.84 (estimated $1.46). The surge demand for defense and a record funded backlog of $1.2 billion has investors energized.

News & Press Releases | Investor Relations | AeroVironment, Inc.

Non-GAAP EPS was $1.84 and funded backlog was $1.2B. Management guided FY2027 revenue to $2.125B–$2.225B.

Late June Contracts:

·                  U.S. Army Award: A $117.3 million contract to deliver 82 P550 Unmanned Aircraft Systems (UAS).

·                  Air Force Contract: A $20.2 million Air Force Research Laboratory (AFRL) award to develop structural components.

·                  Tactical Equipment: The launch of the TOM 50 RE, a backpackable unmanned ground vehicle for rapid reconnaissance

Acquistions:

BlueHalo (5/1/2025)

Empirical Systems Aerospace (3/16/2026)

Other notes from the press release:

Revenue for the fourth quarter of fiscal 2026 was $641.6 million and $2.0 billion for the fiscal year. Revenue for fourth quarter of fiscal 2026 increased 133% as compared to $275.1 million for the fourth quarter of fiscal 2025, due to higher product sales of $256.7 million and higher service revenue of $109.8 million. The combined acquisitions of BlueHalo on May 1, 2025 and Empirical Systems Aerospace, Inc. on March 16, 2026 contributed $282.3 million of revenue to the current quarter. From a segment standpoint, Autonomous Systems (“AxS”) recorded revenue of $492.4 million and Space, Cyber and Directed Energy (“SCDE”) recorded revenue of $149.2 million.

Keep your eye on ONDS and KTOS as well piggybacking some of the good news behind AVAV.