AeroVironment stock reports record first quarter revenue
Published on 09/24/2026 at 09:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
AeroVironment stock stood at USD 155.94 on Nasdaq on September 23, 2026, down 0.13 percent for the session, while the company carried a market capitalization of USD 7,891,811,520. The defense technology group reported record fiscal first quarter revenue of USD 480.5 million for the period ended August 1, 2026, according to AeroVironment.
Revenue rises 6 percent
Fiscal Q1 revenue increased 6 percent from USD 454.7 million in the prior-year quarter to USD 480.5 million. The result gives AeroVironment a larger operating base as demand expands across autonomous systems, counter-drone technology and directed energy products.
The quarter also produced a measurable expectations comparison. Adjusted earnings per share reached USD 0.59, compared with a consensus estimate of USD 0.30, while revenue exceeded the USD 459.9 million estimate, according to Investing.com. That combination matters because it pairs 6 percent sales growth with an earnings figure that was USD 0.29 above consensus.
Backlog reaches USD 1.5 billion
Funded backlog reached a record USD 1.5 billion in fiscal Q1 2027, up 37 percent from the same quarter a year earlier. Bookings totaled USD 683 million and produced a book-to-bill ratio of 1.4 times, according to MarketBeat.
LOCUST order broadens reach
On September 8, 2026, AeroVironment announced its first international purchase order for the LOCUST laser weapon system. The direct commercial sale was valued at more than USD 50 million and covers initial systems plus support, according to the company's release.
The order adds an international demand signal to a business already supported by a USD 1.5 billion funded backlog. It also extends the company's counter-drone offering beyond domestic procurement and gives the directed energy segment a commercial reference point.
Stock stays below yearly high
AeroVironment stock remained 62.68 percent below its 52-week high of USD 417.86 on September 23, 2026, while its 52-week low was USD 135.20. The USD 155.94 reference price therefore sits much closer to the yearly low than to the high, despite the record quarterly revenue and expanding backlog.
AeroVironment market snapshot
- Company: AeroVironment, Inc.
- Ticker: AVAV
- Trading venue: Nasdaq
- Price (as of September 23, 2026): USD 155.94
- Market capitalization: USD 7,891,811,520 (as of September 23, 2026)
- 52-week range: USD 135.20-417.86 (as of September 23, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
