Growth Metrics

AeroVironment (AVAV) Operating Expenses (2010 - 2026)

AeroVironment posted quarterly Operating Expenses of $133.4 million for Q1 2026, up 74.85% year-on-year from $76.3 million in Q1 2025, and down 6.43% on a QoQ basis from $142.6 million in Q4 2025.

AeroVironment (AVAV) has 17 years of Operating Expenses data on file, last reported at $133.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 74.85% year-over-year to $133.4 million; the trailing twelve-month figure through Jan 2026 stood at $532.3 million (up 83.48% YoY), and the FY2025 full-year result was $259.5 million, up 22.34% from the prior year.
  • Operating Expenses for Q1 2026 stood at $133.4 million, down from $142.6 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.
  • The 5-year median for Operating Expenses is $68.2 million (2025), against an average of $72.5 million.
  • The widest annual swing landed in 2022, when Operating Expenses slipped 15.0%; it then jumped 154.93% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $40.2 million in 2022, then rose by 24.79% to $50.2 million in 2023, then jumped by 40.15% to $70.3 million in 2024, then surged by 102.78% to $142.6 million in 2025, then slipped by 6.43% to $133.4 million in 2026.
  • The last three Operating Expenses figures came in at $133.4 million (Q1 2026), $142.6 million (Q4 2025), and $188.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 General Electric 316.77 Bn 306.03 Bn 9.11 Bn 10.18 Bn
2 Rtx 238.61 Bn 233.51 Bn 9.08 Bn 19.59 Bn
3 Boeing 172.59 Bn 151.68 Bn 2.55 Bn 2.10 Bn
4 Lockheed Martin 122.59 Bn 120.70 Bn 2.08 Bn -
5 Howmet Aerospace 102.88 Bn 100.44 Bn 854.00 Mn 120.00 Mn
6 General Dynamics 92.64 Bn 88.99 Bn 9.09 Bn 12.06 Bn
7 Rocket Lab 82.19 Bn 80.92 Bn 76.49 Mn 132.46 Mn
8 Northrop Grumman 78.95 Bn 76.86 Bn 3.45 Bn 8.89 Bn
9 TransDigm 70.63 Bn 66.75 Bn 1.51 Bn 273.00 Mn
10 AeroVironment 8.67 Bn 8.08 Bn 98.79 Mn 133.42 Mn

Historic Data

Download Data 🔒
DateValue
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
Apr 30, 2021 41.90 Mn
Jan 30, 2021 29.28 Mn
Oct 31, 2020 26.95 Mn
Aug 1, 2020 23.11 Mn
Apr 30, 2020 31.87 Mn
Jan 25, 2020 24.60 Mn
Oct 26, 2019 27.11 Mn
Jul 27, 2019 22.38 Mn
Apr 30, 2019 31.88 Mn
Jan 26, 2019 22.55 Mn
Oct 27, 2018 21.76 Mn
Jul 28, 2018 18.39 Mn
Apr 30, 2018 22.73 Mn
Jan 27, 2018 18.09 Mn
Oct 28, 2017 19.61 Mn
Jul 29, 2017 16.83 Mn
Apr 30, 2017 11.16 Mn
Jan 28, 2017 20.78 Mn
Oct 29, 2016 21.90 Mn
Jul 30, 2016 22.26 Mn
Apr 30, 2016 14.23 Mn
Jan 30, 2016 21.56 Mn
Oct 31, 2015 24.63 Mn
Aug 1, 2015 25.09 Mn
Apr 30, 2015 37.88 Mn
Jan 31, 2015 21.85 Mn
Nov 1, 2014 22.00 Mn
Aug 2, 2014 20.53 Mn
Apr 30, 2014 23.19 Mn
Jan 25, 2014 18.41 Mn
Oct 26, 2013 19.95 Mn
Jul 27, 2013 19.65 Mn
Apr 30, 2013 23.68 Mn
Jan 26, 2013 12.53 Mn
Oct 27, 2012 22.56 Mn
Jul 28, 2012 21.76 Mn
Apr 30, 2012 23.81 Mn
Jan 28, 2012 20.10 Mn
Oct 29, 2011 21.06 Mn
Jul 30, 2011 21.29 Mn
Apr 30, 2011 24.03 Mn
Jan 29, 2011 18.45 Mn
Oct 30, 2010 21.37 Mn
Jul 31, 2010 19.34 Mn