Uxs was AeroVironment’s largest segment in fiscal 2025, bringing in $352.93M of $767.03M (46%).
| Segment | FY 2013 | FY 2015 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Uas | — | — | — | — | |||||
| Uxs | $194.52M | $268.02M | $415.07M | $352.93M | |||||
| Suas | — | — | — | — | |||||
| Small Uas | — | — | — | — | |||||
| Lms | — | $84.69M | $168.86M | $333.51M | |||||
| Mw | — | $75.65M | $74.29M | $80.59M | |||||
| Tms | $46.16M | — | — | — | |||||
| Hapsmobile | — | — | — | — | |||||
| Muas | $68.57M | — | — | — | |||||
| Ees | — | — | — | — | |||||
| All Other | — | — | — | — | |||||
| Total | $309.25M | $428.35M | $658.23M | $767.03M |
AeroVironment brought in $767.03M from its three segments in fiscal 2025, the year ended April 30, 2025. That is less than the $820.63M it reports by contract with customer, basis of pricing, so these segments do not cover all of its revenue. Uxs was the largest at $352.93M (46.0%), ahead of Lms at $333.51M (43.5%) and Mw at $80.59M (10.5%).
Compared with fiscal 2024, Lms grew fastest, up 97.5% to $333.51M, while Uxs fell the most, down 15.0% to $352.93M.
AeroVironment began breaking out Lms in fiscal 2023 and Mw in fiscal 2023. AeroVironment stopped reporting Muas ($68.57M in fiscal 2022) and Tms ($46.16M in fiscal 2022) as separate segments.
Product Sales was AeroVironment’s largest product and service line in fiscal 2025, bringing in $352.93M of $433.52M (81%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Product Sales | $194.52M | $268.02M | $415.07M | $352.93M | |||||
| Suas | — | — | — | — | |||||
| Small Uas | — | — | — | — | |||||
| Contract Services | $106.23M | $75.89M | $74.29M | $80.59M | |||||
| Tms | — | — | — | — | |||||
| Haps | — | — | — | — | |||||
| Other | — | — | — | — | |||||
| Muas Isr Contract | — | — | — | — | |||||
| Total | $300.74M | $343.91M | $489.37M | $433.52M |
AeroVironment brought in $433.52M from its two product and service lines in fiscal 2025, the year ended April 30, 2025. That is less than the $820.63M it reports by contract with customer, basis of pricing, so these lines do not cover all of its revenue. Product Sales was the largest at $352.93M (81.4%), ahead of Contract Services at $80.59M (18.6%).
Compared with fiscal 2024, Contract Services grew 8.5% to $80.59M, while Product Sales fell 15.0% to $352.93M.
Ffp was AeroVironment’s largest revenue line in fiscal 2025, bringing in $746.19M of $820.63M (91%).
| Contract with Customer, Basis of Pricing | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Ffp | $346.09M | $430.55M | $634.27M | $746.19M | |||||
| Cpff | $93.43M | $104.44M | $77.46M | $67.99M | |||||
| Tm | $6.21M | $5.55M | $5.00M | $6.45M | |||||
| Total | $445.73M | $540.54M | $716.72M | $820.63M |
AeroVironment brought in $820.63M from its three revenue lines in fiscal 2025, the year ended April 30, 2025. That was up 14.5% from $716.72M in fiscal 2024. Ffp was the largest at $746.19M (90.9%), ahead of Cpff at $67.99M (8.3%) and Tm at $6.45M (0.8%).
Compared with fiscal 2024, Ffp grew 17.6% to $746.19M, while Cpff fell 12.2% to $67.99M. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $445.73M to $820.63M, a compound annual growth rate of 22.6%. Ffp's share of the total rose from 77.6% to 90.9%.
AeroVironment (AVAV) reports its revenue by segment, by product and service and by contract with customer, basis of pricing. In fiscal 2025, Uxs was its largest segment, bringing in $352.93M (46.0% of the total), followed by Lms at $333.51M (43.5%).
Uxs was AeroVironment's largest segment in fiscal 2025, bringing in $352.93M, or 46.0% of the $767.03M total across its three segments.
Product Sales was AeroVironment's largest product and service line in fiscal 2025, bringing in $352.93M, or 81.4% of the $433.52M total across its two product and service lines.
Ffp was AeroVironment's largest revenue line in fiscal 2025, bringing in $746.19M, or 90.9% of the $820.63M total across its three revenue lines.
Among AeroVironment's segments that make up at least 2% of revenue, Lms grew fastest in fiscal 2025, up 97.5% from $168.86M to $333.51M.
Every figure comes from AeroVironment's annual financial filings, as reported. Each line keeps the name AeroVironment gives it, and years follow its fiscal calendar.
AeroVironment's revenue by segment goes back to fiscal 2013, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.