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Compared to Estimates, AeroVironment (AVAV) Q4 Earnings: A Look at Key Metrics

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For the quarter ended April 2026, AeroVironment (AVAV - Free Report) reported revenue of $641.62 million, up 133.3% over the same period last year. EPS came in at $1.84, compared to $1.61 in the year-ago quarter.

The reported revenue represents a surprise of +13.94% over the Zacks Consensus Estimate of $563.14 million. With the consensus EPS estimate being $1.53, the EPS surprise was +20.1%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how AeroVironment performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenue- Autonomous Systems (AxS): $492.44 million compared to the $391.3 million average estimate based on three analysts.
  • Revenue- Space, Cyber and Directed Energy (SCDE): $149.18 million versus $159.07 million estimated by three analysts on average.
  • Revenue- Contract Services: $142.65 million versus $186.53 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +334.7% change.
  • Revenue- Product Sales: $498.97 million versus the two-analyst average estimate of $378.63 million. The reported number represents a year-over-year change of +106%.
  • Segment Adjusted EBITDA - Autonomous Systems (AxS): $138.65 million versus the two-analyst average estimate of $120.5 million.
  • Gross margin- Contract services: $-9.17 million versus the two-analyst average estimate of $45.22 million.
  • Gross margin- Product sales: $211.79 million compared to the $113.78 million average estimate based on two analysts.
  • Segment Adjusted EBITDA - Space, Cyber and Directed Energy (SCDE): $1.41 million versus the two-analyst average estimate of $-1.11 million.

View all Key Company Metrics for AeroVironment here>>>

Shares of AeroVironment have returned -33.4% over the past month versus the Zacks S&P 500 composite's -2.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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