AeroVironment AVAV
NASDAQ AVAV
$140.77 -8.01 (-5.38%)
As of: Sep 9, 2026 · 3:59 PM EDT

AeroVironment (AVAV) Operating Expenses (2010 - 2026)

AeroVironment's (AVAV) quarterly Operating Expenses came in at $145.7 million in Q2 2026, up 113.75% on a YoY basis from $68.2 million in Q2 2025, and up 9.2% quarter-over-quarter from $133.4 million in Q1 2026.

Analysis

AeroVironment (AVAV) Operating Expenses (2010 - 2026) Analysis & Trends

AeroVironment (AVAV) has reported Operating Expenses for 17 consecutive years, with $145.7 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 113.75% year-over-year to $145.7 million; the trailing twelve-month figure through Apr 2026 stood at $609.8 million (up 123.22% YoY), and the FY2026 full-year result was $570.9 million, up 120.03% from the prior year.
  • Operating Expenses climbed to $145.7 million in Q2 2026 per AVAV's latest filing, from $133.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $188.1 million in Q3 2025 and bottomed at $35.6 million in Q1 2022.
  • Historically, Operating Expenses has averaged $75.7 million across 5 years, with a median of $63.3 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses dropped 15.0% in 2022, then jumped 222.08% in 2025.
  • Over 5 years, Operating Expenses stood at $40.2 million in 2022, then gained by 24.79% to $50.2 million in 2023, then surged by 40.15% to $70.3 million in 2024, then soared by 102.78% to $142.6 million in 2025, then rose by 2.17% to $145.7 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $145.7 million, $133.4 million, and $142.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Lockheed Martin 120.87 Bn 117.07 Bn 2.45 Bn -
2 General Dynamics 95.39 Bn 91.06 Bn 6.76 Bn 12.63 Bn
3 Motorola Solutions 76.32 Bn 75.61 Bn 1.68 Bn 756.00 Mn
4 Northrop Grumman 73.49 Bn 71.18 Bn 3.72 Bn 9.78 Bn
5 L3Harris Technologies 46.76 Bn 45.24 Bn 1.50 Bn 848.00 Mn
6 Elbit Systems 32.70 Bn 31.74 Bn 579.01 Mn 360.21 Mn
7 Teledyne Technologies 27.56 Bn 27.22 Bn 738.10 Mn 1.33 Bn
8 Curtiss Wright 20.85 Bn 20.37 Bn 364.09 Mn 139.39 Mn
9 Leidos Holdings 16.21 Bn 15.46 Bn 817.00 Mn 310.00 Mn
10 AeroVironment 6.92 Bn 6.29 Bn 202.63 Mn 145.68 Mn
Historic Data

Historic Data

Download Data
DateValue
Apr 30, 2026 145.68 Mn
Jan 31, 2026 133.42 Mn
Nov 1, 2025 142.59 Mn
Aug 2, 2025 188.12 Mn
Apr 30, 2025 68.16 Mn
Jan 25, 2025 76.30 Mn
Oct 26, 2024 70.32 Mn
Jul 27, 2024 58.41 Mn
Apr 30, 2024 69.69 Mn
Jan 27, 2024 52.95 Mn
Oct 28, 2023 50.17 Mn
Jul 29, 2023 39.29 Mn
Apr 30, 2023 78.07 Mn
Jan 28, 2023 40.90 Mn
Oct 29, 2022 40.20 Mn
Jul 30, 2022 36.99 Mn
Apr 30, 2022 35.61 Mn
Jan 29, 2022 35.56 Mn
Oct 30, 2021 39.12 Mn
Jul 31, 2021 40.84 Mn