v3.26.1
Organization and Significant Accounting Policies (Tables)
12 Months Ended
Apr. 30, 2026
Organization and Significant Accounting Policies  
Schedule of estimated useful lives of property and equipment

Machinery and equipment

  ​ ​ ​

2 – 10 years

 

Computer equipment and software

 

3 – 5 years

Buildings

40 years

In-service ISR assets

3 – 10 years

Furniture and fixtures

 

3 – 10 years

Leasehold improvements

 

Lesser of useful life or term of lease

Schedule of estimated useful life for the Company's intangible assets

Technology

  ​ ​ ​

3 – 12 years

 

Backlog

1 – 3 years

Licenses

 

3 years

Customer relationships

 

3 – 9 years

In-process research and development

3 years

Trademarks and tradenames

 

5 years

Non-compete agreements

Contractual term

Schedule of revenue by category

The following tables present the Company’s revenue disaggregated by operating group, contract type, customer category and geographic location (in thousands):

Year Ended April 30,

Revenue by operating group

2026

  ​ ​ ​

2025

2024

Uncrewed Aircraft Systems

$

363,878

$

352,019

$

407,671

Precision Strike and Defense Systems

848,342

359,433

192,587

Other

145,857

109,175

116,462

Space and Directed Energy

273,404

Cyber and Mission Solutions

345,364

Total revenue

$

1,976,845

$

820,627

$

716,720

Year Ended April 30,

April 30,

April 30,

April 30,

Revenue by contract type

2026

  ​ ​ ​

2025

2024

FFP

$

1,384,333

$

746,190

$

634,266

Cost Plus

454,113

67,986

77,458

T&M

 

138,399

 

6,451

 

4,996

Total revenue

$

1,976,845

$

820,627

$

716,720

Year Ended April 30,

April 30,

April 30,

April 30,

Revenue by customer category

2026

  ​ ​ ​

2025

2024

U.S. government

$

1,688,719

$

613,053

$

544,885

Non-U.S. government

288,126

207,574

171,835

Total revenue

$

1,976,845

$

820,627

$

716,720

Year Ended April 30,

April 30,

April 30,

April 30,

Revenue by geographic location

2026

  ​ ​ ​

2025

2024

Domestic

$

1,420,437

$

390,744

$

271,727

International

556,408

429,883

444,993

Total revenue

$

1,976,845

$

820,627

$

716,720

Schedule of revenue percentage by recognition method

Year Ended April 30,

April 30,

April 30,

April 30,

Revenue percentage by recognition method

2026

  ​ ​ ​

2025

2024

Over time

70%

57%

43%

Point in time

30%

43%

57%

Total revenue

100%

100%

100%

Schedule of reconciliation of basic to diluted shares

Year Ended April 30,

 

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2024

 

Net (loss) income attributable to AeroVironment, Inc.

$

(265,122,000)

$

43,619,000

$

59,666,000

Denominator for basic earnings per share:

Weighted average common shares

 

49,087,346

 

28,018,656

 

27,203,417

Dilutive effect of employee stock options, restricted stock and restricted stock units

 

 

154,832

 

124,576

Denominator for diluted earnings per share

49,087,346

28,173,488

27,327,993