AeroVironment Inc
AVAV · Aircraft · 49.9M shares · +1%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: -$7M (gross $4M, SBC $11M)
Reference price $174.41 · est. market cap ~$8.7B — last insider sale, 2026-06-15 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B71AeroVironment is a high-growth defense UAS/C-UAS leader riding strong tailwinds, with sparse metrics and post-acquisition cash burn.
Strengths
- Category-leading position in military drones/loitering munitions with robust demand and the BlueHalo expansion
- Ample liquidity (current ratio 3.5) and ~12-quarter cash runway
Risks
- Negative free cash flow and heavy R&D/integration spend; metrics sparse and balance sheet now levered post-BlueHalo
- Heavy reliance on U.S. government budgets and contract timing
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on assets
3.9%
Revenue growth (QoQ)
3.9%
Net-income growth
-26.9%
Net debt / EBITDA
-0.5×
Current ratio
3.5×
Free cash flow
-$24M
EBITDA
$82M
Cash & investments
$72M
Cash runway
12q
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-15 | PAGE STEPHEN F | Sell | 250 | $174.41 |
| 2026-05-15 | PAGE STEPHEN F | Sell | 250 | $162.31 |
| 2026-04-15 | PAGE STEPHEN F | Sell | 250 | $197.29 |
| 2026-04-13 | Smith Robert Fendlay | Grant | 1.8K | $194.39 |
| 2026-03-16 | PAGE STEPHEN F | Sell | 250 | $212.52 |
| 2026-03-16 | Shackley Brian Charles | Grant | 707 | — |
| 2026-03-16 | Shackley Brian Charles | Sell | 200 | $212.52 |
| 2026-03-10 | McDonnell Kevin Patrick | Sell | 396 | $224.55 |
| 2026-03-02 | PAGE STEPHEN F | Sell | 250 | $300.00 |
| 2026-02-19 | PAGE STEPHEN F | Sell | 250 | $275.00 |
| 2026-02-17 | PAGE STEPHEN F | Sell | 500 | $254.95 |
| 2026-02-10 | McDonnell Kevin Patrick | Sell | 879 | $267.60 |
| 2026-01-15 | PAGE STEPHEN F | Sell | 1.0K | $377.62 |
| 2026-01-12 | McDonnell Kevin Patrick | Sell | 999 | $367.60 |
| 2025-12-30 | Shackley Brian Charles | Sell | 200 | $250.92 |
| 2025-12-10 | McDonnell Kevin Patrick | Sell | 511 | $249.37 |
| 2025-11-10 | McDonnell Kevin Patrick | Sell | 513 | $331.46 |
| 2025-10-22 | PAGE STEPHEN F | Other | 31K | — |
| 2025-10-22 | PAGE STEPHEN F | Other | 31K | — |
| 2025-10-10 | McDonnell Kevin Patrick | Sell | 998 | $399.74 |
| 2025-10-06 | Stevenson Trace E | Sell | 1.7K | $381.00 |
| 2025-10-05 | Truesdell Bradley Dean | Tax withheld | 38 | $374.64 |
| 2025-07-16 | Nawabi Wahid | Sell | 17K | $263.05 |
| 2025-07-15 | MULLER EDWARD R | Other | 1.3K | — |
| 2025-07-15 | MULLER EDWARD R | Other | 1.3K | — |
| 2025-07-15 | McDonnell Kevin Patrick | Other | 1.9K | — |
| 2025-07-15 | McDonnell Kevin Patrick | Other | 1.9K | — |
| 2025-07-11 | Stevenson Trace E | Tax withheld | 509 | $263.80 |
| 2025-07-11 | Brown Melissa Ann | Tax withheld | 906 | $263.80 |
| 2025-07-11 | McDonnell Kevin Patrick | Tax withheld | 1.9K | $263.80 |
| 2025-07-11 | Nawabi Wahid | Tax withheld | 5.4K | $263.80 |
| 2025-07-11 | Shackley Brian Charles | Tax withheld | 177 | $263.80 |
| 2025-07-11 | Truesdell Bradley Dean | Tax withheld | 34 | $263.80 |
| 2025-07-10 | McDonnell Kevin Patrick | Other | 18K | — |
| 2025-07-10 | McDonnell Kevin Patrick | Other | 18K | — |
| 2025-06-30 | Nawabi Wahid | Grant | 159 | $132.98 |
| 2025-06-30 | Truesdell Bradley Dean | Grant | 70 | $132.98 |
| 2025-06-27 | Votel Joseph L. | Grant | 609 | $278.07 |
| 2025-06-27 | Stevenson Trace E | Grant | 1.2K | — |
| 2025-06-27 | Long Mary Beth | Grant | 609 | $278.07 |
| 2025-06-27 | Davidson Phillip S | Grant | 609 | $278.07 |
| 2025-06-27 | Lewis Cindy Kay | Grant | 609 | $278.07 |
| 2025-06-27 | Burbage Charles Thomas | Grant | 609 | $278.07 |
| 2025-06-27 | PAGE STEPHEN F | Grant | 609 | $278.07 |
| 2025-06-27 | MULLER EDWARD R | Grant | 609 | $278.07 |
| 2025-06-27 | Nawabi Wahid | Grant | 9.9K | $278.07 |
| 2025-06-27 | McDonnell Kevin Patrick | Grant | 1.8K | $278.07 |
| 2025-06-27 | Brown Melissa Ann | Grant | 1.1K | $278.07 |
| 2025-06-27 | Shackley Brian Charles | Grant | 387 | $278.07 |
| 2025-06-27 | Truesdell Bradley Dean | Grant | 688 | $278.07 |
| 2025-06-27 | Ferguson James William III | Grant | 872 | $278.07 |
| 2025-06-27 | Stevenson Trace E | Grant | 2.2K | $278.07 |
| 2025-06-24 | Nawabi Wahid | Tax withheld | 20K | $193.28 |
| 2025-06-24 | Nawabi Wahid | Option exercise | 40K | — |
| 2025-06-24 | McDonnell Kevin Patrick | Option exercise | 17K | — |
| 2025-06-24 | McDonnell Kevin Patrick | Tax withheld | 8.0K | $193.28 |
| 2025-06-24 | Brown Melissa Ann | Option exercise | 7.9K | — |
| 2025-06-24 | Brown Melissa Ann | Tax withheld | 3.2K | $193.28 |
| 2025-06-24 | Shackley Brian Charles | Option exercise | 2.3K | — |
| 2025-06-24 | Shackley Brian Charles | Tax withheld | 817 | $193.28 |
| 2025-06-24 | Stevenson Trace E | Option exercise | 3.4K | — |
| 2025-06-24 | Stevenson Trace E | Tax withheld | 1.2K | $193.28 |
| 2025-06-06 | Truesdell Bradley Dean | Grant | 130 | $190.89 |
| 2025-06-06 | Shackley Brian Charles | Grant | 785 | $190.89 |
| 2025-06-06 | Brown Melissa Ann | Grant | 523 | $190.89 |
| 2025-05-01 | BLUEHALO HOLDINGS PARENT, LLC | Other | 17.4M | — |
| 2025-04-04 | McDonnell Kevin Patrick | Tax withheld | 313 | $111.65 |
| 2025-03-24 | Nawabi Wahid | Option exercise | 50K | $26.70 |
| 2025-03-24 | Nawabi Wahid | Sell | 29K | $128.20 |
| 2024-12-31 | Nawabi Wahid | Grant | 143 | $130.81 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-25 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-06-22 | Non-reliance/restatementExec/director change | filing ↗ |
| 2026-04-13 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-04-09 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-03-18 | Exec/director changeExhibits | filing ↗ |
| 2026-03-16 | 3.02Reg FDExhibits | filing ↗ |
| 2026-03-10 | ResultsReg FDOtherExhibits | filing ↗ |
| 2026-03-05 | Exec/director changeExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-25 | 2026-06-24 | 0001104659-26-077575 ↗ |
| 8-K | 2026-06-22 | 2026-06-16 | 0001104659-26-076140 ↗ |
| 10-Q/A | 2026-06-22 | 2026-01-31 | 0001104659-26-076141 ↗ |
| 8-K | 2026-04-13 | 2026-04-13 | 0001104659-26-042388 ↗ |
| 8-K | 2026-04-09 | 2026-04-07 | 0001104659-26-041267 ↗ |
| 8-K | 2026-03-18 | 2026-03-12 | 0001104659-26-031049 ↗ |
| 8-K | 2026-03-16 | 2026-03-16 | 0001104659-26-028457 ↗ |
| 10-Q | 2026-03-11 | 2026-01-31 | 0001104659-26-025979 ↗ |
| 8-K | 2026-03-10 | 2026-03-10 | 0001104659-26-025841 ↗ |
| 8-K | 2026-03-05 | 2026-02-27 | 0001104659-26-024083 ↗ |
| 8-K | 2026-02-23 | 2026-02-18 | 0001104659-26-018593 ↗ |
| 8-K | 2026-01-20 | 2026-01-16 | 0001104659-26-004855 ↗ |