AeroVironment (AVAV) Operating Expenses (2010 - 2026)
AeroVironment (AVAV) reported Operating Expenses of $135.47 million for fiscal Q1 2027 (quarter ended Aug 1, 2026), down 28.0% from $188.12 million a year earlier and down 7.0% from the prior quarter.
AeroVironment (AVAV) Operating Expenses (2010 - 2026) Analysis & Trends
Over the twelve months ended Aug 1, 2026, AeroVironment's Operating Expenses came in at $557.16 million, up 38.3% year-over-year; for FY2026 (ended Apr 30, 2026), it came in at $570.93 million, up 120.0% from FY2025.
- Operating Expenses has increased for nine consecutive fiscal years, with a five-year compound annual growth rate of 36.3% (FY2021 to FY2026).
- By fiscal year, Operating Expenses came in at $259.48 million in FY2025 (+22.3%), $212.11 million in FY2024 (+8.1%), $196.16 million in FY2023 (+29.8%) and $151.12 million in FY2022 (+24.6%).
- Five-year quarterly Operating Expenses spans a low of $35.56 million in fiscal Q3 2022 and a high of $188.12 million in fiscal Q1 2026.
- Year over year, Operating Expenses gained in six of the last eight quarters, with growth averaging 70.9%.
- The high point for year-over-year Operating Expenses in five years was fiscal Q1 2026 (growth of 222.1%); the low point was fiscal Q1 2027 (a decline of 28.0%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $145.68 million (Q4 2026), $133.42 million (Q3 2026) and $142.59 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.21 Bn | 284.21 Bn | 4.68 Bn | 10.86 Bn |
| 2 | Rtx | 252.88 Bn | 226.09 Bn | 5.13 Bn | 21.96 Bn |
| 3 | Boeing | 145.76 Bn | 52.46 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 119.56 Bn | 106.28 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 91.38 Bn | 86.98 Bn | 951.00 Mn | 156.00 Mn |
| 6 | General Dynamics | 90.40 Bn | 77.51 Bn | 2.18 Bn | 12.63 Bn |
| 7 | Motorola Solutions | 74.81 Bn | 71.18 Bn | 1.68 Bn | 756.00 Mn |
| 8 | Northrop Grumman | 71.85 Bn | 61.10 Bn | 2.12 Bn | 9.78 Bn |
| 9 | Honeywell International | 67.04 Bn | 19.48 Bn | 3.65 Bn | 1.87 Bn |
| 10 | AeroVironment | 7.48 Bn | 5.09 Bn | 124.60 Mn | 135.47 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 135.47 Mn |
| 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 |
AeroVironment Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=AVAV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "AVAV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=AVAV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();