AVAVAeroVironment, Inc.

$11B

Q2 2024 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$181M+62.0% YoY

Gross Profit

$75M41.7% margin

Operating Income

$25M13.9% margin

Net Income

$18M9.9% margin

EPS (Diluted)

$0.66

QoQ Revenue Growth

+18.7%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$17M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$213M

Stockholders' Equity

$794M

Cash & Equivalents

$101M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$181M	$112M	+62.0%
Gross Profit	$75M	$26M	+191.0%
Operating Income	$25M	-$14M	+275.9%
Net Income	$18M	-$7M	+367.5%

Revenue Segments

Product sales

$146M81%

Contract services

$35M19%

Geographic Segments

International

$111M61%

Domestic

$70M39%

AVAV Q2 2024 Earnings — AeroVironment, Inc. Revenue & Financial Results | Market Cap Arena