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| 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 |