AeroVironment (AVAV) Operating Expenses (2010 - 2026)

AeroVironment (AVAV) posted Operating Expenses of $145.7 million for Q2 2026, up 9.2% on a QoQ basis from $133.4 million in Q1 2026, and up 113.75% year-over-year from $68.2 million in Q2 2025.

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

AeroVironment's Operating Expenses history runs 17 years deep, the most recent figure standing at $145.7 million for 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 was $145.7 million for Q2 2026 at AeroVironment, up 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.
  • 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 fell 15.0% — and 2025, when it jumped 154.93%.
  • AeroVironment's 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.
  • Business Quant data shows AVAV's Operating Expenses at $145.7 million in Q2 2026, $133.4 million in Q1 2026, and $142.6 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Cae 5,697,680.75 Bn 5,697,680.75 Bn 230.83 Mn 133.96 Mn
2 General Electric 362.11 Bn 352.99 Bn -3.10 Bn 10.86 Bn
3 Rtx 281.55 Bn 276.45 Bn 9.91 Bn 21.96 Bn
4 Boeing 164.90 Bn 143.99 Bn 2.55 Bn 2.10 Bn
5 Lockheed Martin 130.94 Bn 129.05 Bn 2.45 Bn -
6 Howmet Aerospace 115.17 Bn 112.74 Bn 854.00 Mn 27.00 Mn
7 General Dynamics 103.20 Bn 99.50 Bn 9.09 Bn 12.06 Bn
8 Northrop Grumman 75.75 Bn 73.44 Bn 3.72 Bn 9.78 Bn
9 TransDigm 70.66 Bn 66.79 Bn 1.51 Bn 273.00 Mn
10 AeroVironment 7.79 Bn 7.16 Bn 202.63 Mn 145.68 Mn

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 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