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| Date | Value |
|---|---|
| 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 |