AeroVironment (AVAV) Reports $408M FQ3 2026 Revenue and 143% Year-Over-Year Growth

AeroVironment Inc. (NASDAQ:AVAV) is 1 of the best AI stocks with immense upside potential. On March 10, AeroVironment reported FQ3 2026 gross of $408.0 million, representing a 143% summation year-over-year. This maturation was driven by the acquisition of BlueHalo, which contributed $176.5 cardinal to the quarter’s full merchandise & work revenue. While the Autonomous Systems conception led with $278.7 cardinal successful revenue, the institution besides saw request reflected successful a record-funded backlog of $1.1 billion.

Despite higher sales, the institution faced non-cash charges that impacted the bottommost line. AeroVironment recognized a $151.3 cardinal goodwill impairment complaint wrong its Space reporting portion pursuing a stop-work bid connected the BADGER phased array antenna systems for the Space Force. Additionally, gross borderline arsenic a percent of gross decreased to 24%, down from 38% the anterior year, owed to an accrued proportionality of work gross from BlueHalo and $43.9 cardinal successful intangible amortization & acquisition accounting expenses. These factors led to a nonaccomplishment from operations of $179.0 cardinal for the quarter.

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For FQ3, AeroVironment Inc. (NASDAQ:AVAV) reported a nett nonaccomplishment of $156.6 million, oregon $3.15 per diluted share. Looking ahead, the institution has updated its full-year fiscal 2026 guidance, projecting full gross betwixt $1.85 cardinal and $1.95 billion, supported by a beardown book-to-bill ratio of 1.6 for the archetypal 9 months of the fiscal year.

AeroVironment Inc. (NASDAQ:AVAV) is simply a planetary defence exertion person that designs, develops, produces, delivers, and supports a portfolio of robotic systems & related services successful the US and internationally. It operates successful 2 segments: Autonomous Systems; and Space, Cyber & Directed Energy.

While we admit the imaginable of AVAV arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

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