AVAV Q1 2024 Earnings — AeroVironment, Inc. Revenue & Financial Results | Market Cap Arena

AVAVAeroVironment, Inc.

$11B

Q1 2024 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$152M+40.4% YoY

Gross Profit

$66M43.1% margin

Operating Income

$26M17.3% margin

Net Income

$22M14.4% margin

EPS (Diluted)

$0.84

QoQ Revenue Growth

-18.1%

Cash Flow

Operating Cash Flow

-$17M

Free Cash Flow

-$21M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$826M

Total Liabilities

$252M

Stockholders' Equity

$575M

Cash & Equivalents

$106M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$152M	$109M	+40.4%
Gross Profit	$66M	$34M	+94.8%
Operating Income	$26M	-$3M	+905.3%
Net Income	$22M	-$8M	+360.8%

Revenue Segments

Product sales

$119M78%

Contract services

$33M22%

Geographic Segments

International

$94M62%

Domestic

$58M38%