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
Download Data
Historic 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 | 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 |