AeroVironment (AVAV) Operating Expenses (2010 - 2026)
AeroVironment's (AVAV) quarterly Operating Expenses came in at $145.7 million in Q2 2026, up 113.75% YoY from $68.2 million in Q2 2025, and up 9.2% on a QoQ basis from $133.4 million in Q1 2026.
AeroVironment (AVAV) Operating Expenses (2010 - 2026) Analysis & Trends
AeroVironment (AVAV) has 17 years of Operating Expenses data on file, last reported at $145.7 million in Q2 2026.
- Quarterly Operating Expenses rose 113.75% year-over-year to $145.7 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $609.8 million (up 111.32% YoY) and the FY2026 annual result came in at $570.9 million, up 120.03% from the prior year.
- Operating Expenses rose to $145.7 million in Q2 2026, from $133.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $188.1 million in Q3 2025 to a low of $35.6 million in Q1 2022.
- A 5-year average of $76.5 million and a median of $68.9 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses slipped 15.0% — and 2025, when it jumped 154.93%.
- Tracing AVAV's Operating Expenses over 5 years: stood at $40.2 million in 2022, then increased by 24.79% to $50.2 million in 2023, then soared by 40.15% to $70.3 million in 2024, then jumped by 102.78% to $142.6 million in 2025, then grew by 2.17% to $145.7 million in 2026.
- The last three Operating Expenses figures came in at $145.7 million (Q2 2026), $133.4 million (Q1 2026), and $142.6 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 10.86 Bn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 156.00 Mn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 332.00 Mn |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 848.00 Mn |
| 10 | AeroVironment | 7.81 Bn | 7.18 Bn | 202.63 Mn | 145.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 73.79 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 |