“Drone Company AeroVironment Skyrockets 30% After Revenue, Backlog Double”
July 21, 2026
“… Quarterly revenue rose 133% vs. prior year to $641.6 million, while annual revenue was up 141% to 1.977 billion. Analysts had expected sales of $556 million for the quarter and $1.892 billion for the fiscal year, according to FactSet.
Earnings per share for the quarter were $1.84 apiece, up 14.3% from last year, and ahead of the $1.46 Wall Street had been looking for, according to FactSet… After rallying 57% in 2025, AeroVironment stock has broken down from a January high. AVAV stock ended Monday down more than 40% for the year…”